* We were unfortunately surprised that we had to take further compliance measures for Swiss regulatory purposes and it was very recently confirmed that we had to do this before we unlocked the tokens.
* To satisfy these additional requirements, approximately 120 contributors were identified as needing to complete additional steps for identification verification (such as notarization or interviews).
* We have offered them each 15,000 DAV Tokens (approx. USD $750) as a one-time gesture of thanks for completing the extra identification verification. These tokens are taken out of the Foundation’s budget. All of the unsold tokens from the token sale have been burned, as we had promised to do.
* We have been advised by our Swiss lawyers, due to regulatory issues, to not unlock the tokens until the identification issues have been worked out with the contributors in question. This is why we are unable to provide exact timelines as to when tokens will be unlocked.
* We expect this to be resolved in a matter of weeks and will let our community know when we have an exact token unlock date. We are very grateful for your patience!
Being extra-impatient to wait for DAV tokens can be opened and traded, it is sure that many will question when the DAV token is opened, can only hope that the next few weeks, when the token has been opened then there will be a very impressive surprise.
That is actually the plan, Aurellio.