To the investors of NVO, I must apologize for the way this project has been handled. There is nothing worse for an investor to see a project team blow up like this one has, and I'm sorry that the investors of NVO are caught in the middle.
When I first started thinking about creating a DEX for NVO, I had great ideas and saw a great future for a project that would continue to grow for many years. I had a hope and a vision that there could be many other projects that could very easily fit together with a DEX, and each of them would strengthen each other. When I brought these ideas to my cofounders, they agreed and we started the NVO project together with a great relationship.
Now one of the cofounders has sabotaged the project by wanting to start over from scratch even though development is nearing completion. He wants to take all of the crowdsale funds for himself and change the terms of the project all on his own to ignore some key promises of the crowdsale. The investors are now being told that they should want to have a fork of Komodo. They are also being told that they will not receive a DEX with plugins, which means it is not a true decentralized exchange. His Komodo fork will be controlled by him alone and he will approve or deny the coins that can be traded on his Komodo DEX. This is not in the spirit of a decentralized exchange, and nobody will use this Komodo fork any more than Komodo is already used right now.
The direction he wants to take NVO is not what investors were promised. This unfair change means only one thing is possible: the escrows must immediately refund the investors, and I have asked them to begin that process. Right now, the escrows are deciding what they will do with the crowdsale funds, and I believe we should hear their decision immediately.
My cofounder has also made some accusations about me and some of the other people associated with Veserus, one of the other projects that will help the DEX. These accusations are meant to distract you from what is really happening here. The fact is that my cofounder has taken 560 BTC, all of his share of the crowdsale funds from the milestones that we have already met, and I have taken only very little. The actual development has been paid out of my own pocket and not the crowdsale funds except for a very little amount. But my cofounder has wasted his share and no longer has the funds to afford to continue the project on his own. So, he will take what he has left and will do an easy fork of Komodo just so he can claim he has delivered an escrow milestone, and he will try to take 100% of those milestone funds instead of just the 50% he was taking before.
I would never allow that to happen if I was one of the escrows. He should never be permitted to take all of the escrow funds for himself, change the terms of the crowdsale, and deliver an inferior DEX that is no better than what someone else has already created. This is totally unfair to the investors. So I propose that the remaining funds that I am entitled to for the previous milestones be released to me so I can continue development of the DEX, and then investors should be refunded everything that is still in escrow as they are entitled to.
No matter what my cofounder does by himself, I still care the most about the NVO investors. I will continue developing the real NVO DEX with my own funds if necessary, and when development is complete, I will credit all NVST holders with the real NVO DEX tokens as promised since the crowdsale. A real decentralized exchange with a plugin system and a decentralized trade validator to power a very fast trading engine. We will continue development of Veserus and the other projects that will help the DEX, and the crowdsale investors will get the project they paid for, even if there is a full refund and I do not get my half of the remaining milestone funds.
Again I must say that I am sorry for how investors have been treated by my cofounder. This is totally unacceptable and I will do everything in my power to make it right.
This is the biggest nonsense I have ever read in this forum. It's not only absurd, but it's also rather unacceptable, his English is so broken that I doubt he can even write a single line of code. Remember how they exit scammed the Xenio project? Now this is their ploy to exit scam from NVO with the made up story of an internal conflict so that development could not be continued (it never started, no any proof of github code). The long queue of abandoned projects equals 8 now.
I'm wondering what the paid shills by NVO TSWR, Radiumsoup Chris will say now, everything is on track? They will hide in their holes, it's been proven that they are totally untrustworthy and essential part of the scam. It's either that or these these accounts belong to NVO and they have bought it in order to deceive and confuse you even more. So much lying and hypocrisy out there. Their job was to the cover up the mess until the founders thought of way to exit with clean hands.
So congrats to all that fall for it, i have warned you this day will come 1 year go.
