The project has successfully raised soft cap. I watched this ICO webpage several days before ICO closing date and there were around 3 mln. USD raised. Has the team found some large investor or that was just last days rush?
According to what is told by the admin in Telegram, they have some private sale.
We don't know what is the bonus in private sale though.
What are the advantages of the small and medium businesses to take credits via Genie? As far as I understand it won't be cheaper than in traditional banking institutions? In the whitepaper it says 35 million coins are being locked up "to facilitate platform transactions". What exactly does this mean? Does this have anything to do with the 10% invested by directors?