INVAO started in Germany, in Berlin where I live and my co-founder lives, and also we have our biggest network over there, It´s my tenth company, and my co-founders eight company to build up, and most of these companies became quite successful. However, when we started to build up this financial product under European regulation out of Berlin, we´ve seen that this was rather difficult. So, we reached out to Liechtenstein, which is very active in approaching financial market, with really good plans, and a proper trade law, and we started our company over there, as well as the prospectus of the Financial Market Authority in Liechtenstein. Also, our first investors came out of Germany, but speaking to lots of institutional investors in Germany, showed that they are rather skeptical on Blockchain as a technology, as Europe is usually tending to see everything skeptically in the beginning. However, we also had activities in the Emirates and were selected by the Royal Family's private offers, the Maktoum family, as the exclusive partner for Blockchain investments in the Emirates, which we enjoy to do, and we also now have an operation in Dubai, and added Singapore as the Asian hub since Asia became the business and financial center of the world. This is for strategic consideration. So, currently, INVAO operates out of Berlin, Liechtenstein, Dubai, and Singapore, to have a global reach.