At the very beginning of the citizenships sale, half had to be paid in NOAHP, but then you allowed people to pay the entire cost in their preferred currency/cryptocurrency. Are you planning to redeem NOAHP from payment in other currencies?
At the very beginning, the tokenomics were such that it was necessary to pay half in NOAHP, then we changed it to payment in other cryptocurrencies/fiat. We did this because at the very beginning, many users could not pay with NOAHP due to DRF staking, so we were asked to pay in other cryptocurrencies or in fiat. So we made it possible to pay by any means. At that time, many did not even know how to buy other cryptocurrencies and asked if they could pay with fiat.
As for the redemption of coins, this has been happening for the last 6 months and this is not a scheme but a permanent tokenomic plan. Our professional traders constantly maintain a list of orders on the exchange and will continue to do so. This means that all the money that we receive from the sale of passports outside of NOAHP changes and is divided into the categories given below.
-All money from the sale of passports goes to:
- server costs
- development of blockchain and Noah services
- supporting the exchange
All the money that we receive (every cent) goes to the project’s development in order to ensure that the project exists and evolves, so that the project can develop all the services that we offer. If people don’t buy citizenships, it’s clear that the system will not be sustainable because there will be a lack of funds for its development. Therefore, all actions are coordinated in order to support the project and to develop all these services as well as NOAHP.
All that Platinum Software Development Company does is look to the future, because passports are what allow people to earn money in Noah City (this is the core), so all the proceeds from sales are returned to the project.