it seems that you are the only one with any grasp on the situation.
Fact: investors with access to $100’s millions did not believe it was worth chasing their investment
Fact: all the people who worked on the code are gone. They were extremely expensive specialised people. Very difficult to replace.
Fact: after investment of tens of millions of dollars it is still a long way from finished
Fact: it is a blockchain centralised registry system. The costs of maintaining it are substantial. Even the hosting costs are beyond most companies
Let’s roll play this. RFN get the code. Loyyal we’re burning over $1m a month. Talking to a previous Loyyal employee he thinks it will cost over $10m to complete. His words were “I don’t believe there is anyone who would buy the solution any time soon, it’s simply too big and too expensive to run”
How much does RFN have I’m the bank? They are currently talking about a cap raise which won’t even be enough to begin to hire the people they need. If they can raise say $30m they might have a chance.
DYOR
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