Topic: [ANN] Ethereum: Welcome to the Beginning - page 1251. (Read 2007155 times)

This was literally posted a few posts up. There's also the "Investment FAQ" you can look at.

WTF? Where did all the info about the fundraiser go? Does it still exist?

Out, ye Nxt demons! Cast them from this place, td services! Seal the portal while there is still time!

Mastercoin is amateur hour compared to what these folks have planned.

@come-from-beyond and smaragda:

I think we need to close this and move forward. I doubt that there was any personal reason towards me (I didn't have much history here at the time) - just the motivation by BCNext to avoid further dilution of existing investment. His share was to be his reward for development. The BTC raised was chump change. Early on in the original NXT discussion, there was a concern with people jumping in at the last minute with huge amounts like with Mastercoin and even recently with the XCP burn. I had 5 BTC earmarked for NXT, but assumed it would be at 100-200 by the time I entered. I didn't know about the 1 BTC cap or 300% to 100% decreasing bonus since the announcing post wasn't updated - this was all buried in 20 pages of discussion. A lot of this is just the result of very poor communication with an announcement which was not kept up to date with changes and not at all clear on deadlines.

Philosophically, the NXT community seems very much in alignment with myself, it is unfortunate about this issue. You can probably understand that this event cost me 2-3 million USD at current NXT value in that I had already decided to invest, and would have flipped a Bitcoin into it on the spot had I known I needed to do it then, and someone else's was allowed in after I asked about it while I was denied. I've reviewed the post times and transaction times on November 17-18, all in Greenwich Time, to verify that everything I've said is true.

You can't make a contribution. The fundraiser has been postponed and no new date has been announced yet. Sign up for their mailing list and look on here for when we'll all go crazy when it's announced!

When trying to complie it I am getting up to 95% and then I get a crashing error at this point:


Edit: This code solves the problem and now I have built it:


However, how am I supposed to start the client?
I am executing from the build directory
and the console got stuck at:

So how can I make an investment into this?

After reading all this I'm under impression that BCNext didn't like u and closed the fund raising just to make u unhappy. 

+1 This is why I'm here. These pre-sales are ground floor opportunities to participate in seed rounds in small tranche sizes affordable to anyone. This has been denied to retail investors for a very long time. This is a threat to some gatekeepers and their cronies who are used to making a lot of money from the current system, which may be a motivation for the recent flurry of attacks against IPO type pre-sales. These attacks seem to be coming from experienced disinformation operatives skilled in their craft - not your typical trolls

Unlike other projects, the core developers and founders are not staying anonymous. It would ruin their reputations and risk them legal consequences if they were to allow fraud to happen with funds raised from crowdsourcing. Like most early investments, there is certainly risk but this certainly isn't a situation where the founders could run away with the funds and easily get away with it.

Ethereum does not need traditional VCs and yet there are plenty of community angel investors who are very interested. I have no problem believing that Ethereum will be very well funded by those with plenty of capital. In concert with the amount of funds raised, there will be high expectations from small and large investors alike. The Ethereum founders will be held to high standards - as it should be.

Very good. Thank you for the quick answer.

As someone who's been involved with tech startups as well, I can say that this is very different from a traditional tech startup VC financing.  Aside from the fact that it is WAY more money than is typically offered in the first round of financing, there are also two key structural differences...

1.  There is no apparent legal recourse for fraud, poor performance, or neglect.  Meaning, they could take all 8 million dollars they get day one in BTC and cash out, never delivering anything.  This isn't possible with VC - they require very detailed funding agreements.
2.  We are not getting board seats or voting shares.  We, as investors, have absolutely no power over the direction of the crypto.  None.  Typically, a venture firm will have numerous methods of influence over a startup.

Now those are not necessarily show stoppers individually, but when taken as a whole - total lack of power and a tremendous amount of money given DAY ONE, then it definitely raises eyebrows.   I can tell you that no VC firm I know would invest as it is now.

XCP, MasterCoin, eMunie, Ethereum, Protoshares - Exciting contest.

That url has an invalid SSL certificate:

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Still a big deal in the world of vaporware.  

We're about to fire up that up v. soon.

Hey Charles,

Just a couple quick things.

- Not everyone is freaked out about the original IPO scale. Having been involved in pre-IPO tech companies before, I (for one) think even if the "ask" was 30mil, that's nothing in the world of tech. So don't let all the screamers freak you all out.

- With that said, please figure out a system so that everyone who wants to can be involved. The worst thing would be to allow big investors take all the pie and/or also have non-ipo investments taking place outside of the IPO terms.

- Regarding the Goldman crew. There are some of us who realize everyone who has ever worked at GS aren't just greedy bankers. They hired (and probably still are) some of the top mathmatical types to develop all their derivitives, etc. GS nowadays doesn't just mean you are a finance guy.

Keep it up, looking forward to it.

From one of those faqs:
"All updates will be done via our blog on https://blog.ethereum.org and this FAQ"

What is that "stay connected" mailing list for that people sign up for on the main page of http://www.ethereum.org ?

And then there's Invictus, the knight in shining armor!