The Altbet community has recently shown concerns over drop in the value of ABET token prompting the founders to release a major announcement
on the progress made so far on the project.
According to the Altbet team, the bearish market has put a lot of pressure on the team as community members complain even though the situation is not peculiar to the token.
Apparently in a bid to reassure investors, the recent release stated that the team is not fixated on the value of the token but working on following through with the project roadmap.
Altbet Incorporation and Licensing
The team reminded the community that there is incoming great news part of which is registration and incorporation moves by the platform.
Top on the agenda at this point is the acquisition of gambling license for which the company lawyers have commenced negotiations with authorities in Curacao.
The quest which has not hindered work on the development of the platform has enabled the lawyers reach early agreements with the authorities raising hopes that necessary approvals would be secured for the license in a short time.
The next round of negotiations between the lawyers and the Curacao authorities has been slated for late April which is in 2 or 3 weeks from now.
In a similar development, the release stated that the founders had a meeting with partners and big investors two weeks ago.
There are indications among some big investors that they are willing to put funds in the Altbet platform but would do that only when the platform development has been completed.
This is why the acquisition of license and roadmap progress is top priority of the project.