Our statement:

‪After meeting with a lawyer we found out that we can’t register FARM for now. That’s because there doesn’t exist any law about crypto currencies in Slovakia.

Our government doesn’t have the tools to tax virtual income because it is not money so nothing what we do is illegal as for now. This doesn’t mean we won’t register as soon as the law is created, probably next year‬. This will be time when we try to push our native token FARM to places behind crypto and connect it to real world.

If we fully legalize FARM as a company then our native token could become “Official company share” traded on not only crypto exchanges. This step will be very important for us and also for all investors. Please bare in mind that there is no specification for upcoming law in 2019. We know that new tax law can reduce total income up to 19% but on the other hand we expect to be more valuable than ever before when FARMCOIN get status of the real share.