The old mintcointeam dev is not the one who wrote wallet 1.10. It was presstab (he was paid for this, but not credited). Credit where credit is due.
Do we have a Mintcoin address for presstab? I would like to give him full credit for this.
I PM'd him
I read that mintcointeam threatened me. That's true, but this is nothing compared to what they did to Jessica.
also curious as to how it is that "mintcointeam" went from threatening you and Jessica to giving up all of the accounts associated with mintion admin to you.
that is a very curious state of affairs, care to comment on that?
I assumed they gave up. Combination of assuming I would never deliver, plus no one else to work with them (their other partner left Mintcoin earlier, and TheAlty too) and finally and most importantly, price going down while he doesn't have any premine left. Plus being busy and moving on to other things as well as conflict between them.
You don't need an NGO to build a bounty pool. People are no more likely to donate to a registered NGO than they would be to a Wallet you have simply designated for such purpose.
If the level of trust is such that we need the gatekeeper handcuffed and tied down with regulations, the coin is finished.
My belief is there is more trust and faith in you than all the previous people involved combined.
That said, frankly I wouldn't donate a thing to anything they were involved with. If they were too blind in their dealings with the developer to realize they were being scammed and lied to, how could I possibly trust them now? It's simply poor judgement or collusion, I'm still undecided which ".
The NGO is meant to have a legal body for providing tax-deduction for fiat donation. Fiat => BTC => MINT (and hopefully one day Fiat => MINT), then staking. And once the money is needed by a Beneficiary (an environmental NGO), the MINT is converted back to fiat (if and only if it is not possible for them to buy straight with MINT or even BTC).
With time it could also lead to a greater confidence, but this is for later.
We don't plan to put the cart before the horese. Recognition comes from action, not the other way around. In other word, the NGO is not mean to increase confidence, it is meant to make something possible. Once it delivers, confidence will come.
An Android Wallet, giving people the ability to spread the coin far and wide, away from the Desktop Computer, is what can deliver EXPOSURE and MOBILITY to a whole new layer of participants, who will in turn tell their friends who will tell...
Until there are large numbers of people involved with Mintcoin, there's simply no need, no purpose for a foundation.
I believe it's a waste of time, energy and resources that could be allocated instead into something that will actually produce a valuable asset: an Android Wallet.