Different trackers are full of information about MindArk. And in context of different business and developments directions. In today's context, I would like to understand whether it is planned to earn and provide services for those, who want to monetize the results of their intellectual work? Or is everything done to strengthen the position of Entropia Universe?
The IPX will be designed for anyone to use and monetize their intellectual work, not just to strengthen the position of Entropia Universe. The IPX will initially host any assets for C++ development, so Unreal Engine, CryEngine, and the Entropia Platform to name a few. Eventually we plan to expand out to other types of platforms like Unity once the IPX is established and working properly.
For what period do you have plans on company development?
MindArk has been in operation for nearly 20 years, and has aspirations to be "The virtual internet", just think of the Oasis in Ready Player One if you're familiar with it, thats what we've been working towards for decades and will continue to do so indefinitely.
What will 25 million tokens, that won’t be sold, be allocated for?
As the IPX will function solely through the use of DeepToken(DTA) it will be held as capital for the MindArk bank (A fully legitimate bank of Sweden) for loans and transactions in relation to the IPX for participants who have not purchased DeepToken outright through sale or exchanges. It is the backbone of creating a real bank that holds its assets entirely in a CryptoCurrency.
Who from the team came up with the idea and the concept of this project? I mean Entropia Universe. And how long ago?
MindArk was Founded by Jan Timkrans Welter, the current Chairman of the Board and primary shareholder in 1999. He in cooperation with the former CEO David Simmonds (now Vice Chairman) and the new CEO, Henrik Nel Jerkrot, as well as the longstanding COO Magnus Eriksson and CFO Gunilla Krogh conceived of the DeepToken Concept in 2016.
I’ve heard that not so long ago the company changed the president... In this regard, are there any personnel changes?
The most recent CEO, Klas Morough left MindArk on good terms to pursue his career elsewhere, he still sits as an Advisor for DeepToken and the MindArk Bank. The new CEO, Henrik Jerkrot was the driving force behind implementing DeepToken, and as a young well educated leader, proves to be the right choice for where MindArks vision is evolving currently. No other significant personnel changes for many years other than this. MindArk currently employs nearly 50 people and continues to grow their partnerships with a current total human capital of all partners over 100 individuals.