We know a lot of you will be watching Belacoin on its third birthday on January 29th, so we would like to explain our plan for the day. As we've said before, we will be revealing and showcasing the three businesses that won $500 each from the
http://Belacoin.org/invest initiative and will be using that money to launch and integrate Belacoin. These businesses are in varying stages of completion, so we should get to watch them all roll out over the month of February.
This is significant because January 29th then marks the start of Belacoin integration into these businesses. We have learned that releasing significant news all at once can cause an undesired dump in the price, so we are trying something new this time.
We will showcase each of the three businesses at separate times. For example (these times are not decided, this is only an example for better understanding), the first business might be revealed at noon, the second at 4pm, and the third at 8pm. That way, traders are incentivized to not immediately sell their coins after the first release since there are more reveals coming. This should create a day filled with anticipation, excitement, and learning as the community is introduced to three new leaders in the Belacoin community. Just as Coinbase is influential in shaping the Bitcoin community, our intention is that each of the three businesses will form their own spheres of influence in the Belacoin community.
Also, we believe that these releases will incentivize investors to buy and hold Belacoin on a long-term basis. This should have a positive effect on the price. The reasoning is that since these businesses are being revealed on January 29th but will not officially launch until different times in the next few weeks, the real event is still on the horizon.
It will be exciting to watch these businesses grow. They are not under our control, but they all are receiving guidance and assistance in areas where we can offer it. If this initiative is successful, we will consider having another round of funding in order to attract more businesses and entrepreneurs to Belacoin's blockchain.