I did not want to start a discussion here that could be negative for investors. But you suggested it, so let's answer my question.
And why do they even need this money collection? They have plenty of money. Is there any clear explanation for this campaign?
Thank you for your question. A branch in Russia is franchised and does not receive funding from Huobi Global. To implement the plans according the roadmap, a decision was made to attract investments through a token sale. Holders of tokens will receive a number of advantages, details in the topic.
From my viewpoint, the Huobi Global should at least give some initial funds to this project.
Or put a certain percentage of investments as you are carrying their name and legacy.
But if it's just like any other franchising process, then, you really can't expect them to give funds.
The fall of Huobi Russia doesn't necessarily mean the fall of Huobi Global as they are totally separate entities.
I'm not saying that you will not be successful but I'm just stating a scenario here.