The operating company for Forevver is based in France and is led by Ray Quintana. While Forevver itself is a non-profit organization, the operating company is a for-profit entity, and Ray Quintana oversees both organizations.
Forevver holds a contractual agreement with Devvio, which includes the right to sublicense, a right that Forevver exercised with Envviron. This agreement allows for greater flexibility and expansion within the ecosystem.
A key milestone for Forevver was securing the French AMF ICO Visa for the DevvE token, which is managed by Envviron in France. This visa is a crucial regulatory approval that positions DevvE for broader adoption in the European market, providing a legally compliant framework for the token’s operation and distribution.
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