>>23963094You're misinformed on several things.
They aren't dilluting.
>"The funding will include the acquisition costs, due diligence, capital expenses, and operational costs for the project, and is expected to total up to USD $60,000,000 in secured funding loans (the "Funding Loans"), without any obligation on Bocana to contribute equity capital.The whole point of Arizore is to generate funds to run mining companies without dilution.
Quick rundown in picrel.
>Maybe they could have gotten away with raising money from suckers through their crypto scheme to fund the projects at the height of the NFT scam daysTokenization of real world assets aren't NFTs and are rapidly growing and becoming accepted in the market.
>And who in their right mind would want to fund the entire project through crapto tokens and only receive half (other half goes to Bocana for free) Not how it works nor was this ever stated anywhere. You're probably confusing the deal Bocana has with Arizore which is 50/50.
The terms for new mines that join the token hasn't been announced yet.