Reply To: [HZ Mint] – New Asset on Horizon Asset Exchange (ROI in ~20 weeks)

Vagabondz
Participant

Horizon: 0.00 HZ
23rd November 2014 at 7:17 pm

@adam79 it’s a recurring concern among everyone. Unfortunately the hashpower provider only accepts payment in BTC, so raising HZ wouldn’t be of much use as I would need to sell it on the market for BTC (thus lowering HZ price as well as losing funding money due to exchange fees and price slippage).

This pre-sale will be the only round of BTC funding. After this, future issues will be done solely through HZ AE, as by that time the mining hashpower will be self-sustained.