two things that I don't get quite clear from your whitepaper, in your ICO page you add a footnote that the project are not meant for th Cambodian --why?-- and only for qualified investors. Given you will have a public sale --which imply anyone may join-- it might be better to add more details on what specification needed by people to be eligible as qualified investors.
Two, on your investment event page, you said that you manafed o raise 3M usd just from the staffs and management of your company? Was it a mistranslation or something? Because if that is what happen, and given the private sale price is lower than other sale stage, shouldn't the staffs themselves are not allowed to participate and monopolize the token sale at the reduced price and instead shoud allows the private seeder to participate and bought at lower price as a privilege for being a project seeder?
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1. Cambodia has yet adopted the crypto currency regulations
2. This is to encourage our management and staff under the group of companies to get the the lower price. But it is not all 10% of private sales that solely for our management and staff of the group. Only 30% of private sales is for those people. The rest is for other investors not in the group.
P.s. One point to note though, our private sales end by the end of this month.
1Maybe I didn't make myself clear on what question I asked on the first point. In simple words, "what is the requirements needed to be qualified as investors on your public sale?" While for point number 2, even with a defense that only 30% of the allocated presale is purchasable by the staffs, I still think that it is highly unethical, and it's quite a surprise that such policy and decision came from a project working in financial sector. If we may take a stretch, the action is comparable to a nepotism, where the decision maker favoring their relatives --on this case, the staffs-- for special privilege in form of a cheaper token price.
Sadly, this is a case of water under the bridge, people can only take this fact into consideration that the project they're about to invest are applying and embracing such work ethic and it is not completely impossible that they'll also gives priority and special privileges to their managements and staffs for future cases.
