FGF notes that the following steps will need to be taken in order to develop the proposed exchange:
Modify existing exchange platform software which has already been identified by Heuresy and is in the process of being contracted.
Formally engaging providers of infrastructure to run the exchange which have been pre- identified by Heuresy.
Engagement of counsel to advise on regulatory issues in all applicable jurisdictions to enable functionality and compliance on a global basis.
Formally engaging parties pre-identified by Heuresy to run the exchange and manage regulatory and advisory issues.
Technical and cryptographic stress testing of the product prior to market entry.
A vey bold move to set up the parameters for, and establish their own exchange.
This goes in the tightly held category for me, could well play out to be a monster bagger from here.
Very exciting with a large amount of newsflow to come.
FGF Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
