Dear Community,
This announcement is a short update on the ongoing IBO for Mantis Green Inc. (dba King Kong Organics). The HYBSE and KKOG teams are pleased with the results so far, taking into account that this is a completely new product in the cryptocurrency sphere. While the marketing efforts were not substantial, the interest and involvement have been increasing each day.
In just 14 days:
- 288 new users created accounts on HYBSE.
- 948 KKOG shares were sold, with the initial discount between 25% and 35%.
- $678 000 turnover.
The second discount period is currently running at 25% until the 25th of August 2019, where the third discount period at 15% will begin and be active until the 1st of September 2019. Thereafter, the KKOG stock will begin trading at 1000 D.USD on the 2nd of September 2019.
In addition, our in-depth discussions with the most important stock exchanges in the Middle East have provided positive feedback. These exchanges have not found any other project in the world that can cover the entire stock trading experience utilizing Distributed Ledger Technology (DLT). Consequently, great interest was shown in HYBSE. Both representative teams at the highest level keep each other up to date on our developments with great interest. Further information will be exchanged as soon as the discussions are completed.
Our numerous discussions have made it clear that it is not very difficult to get a license for a standard cryptocurrency exchange. However, this does not apply to Real Asset Trading, which uses DLT, as the asset trading business is so complex and a large number of participants from the financial and political world are reluctant to take part in official regulation.
