Are you seeing registering dapps as the main factor for demand variable in lisk ?
If so, do you think 500 lisk will be cheap enough for developers to publish ? will be this fee variable in time ? how many developers you estimate will register dapps with lisk ?
No. I think that the dapps will be the main demand factor to buy LISK. If you need LISK in every dapp, you will buy more LISK.
How will the Lisk of the core team be handled? Is it split between you two, or will it be split under the full team? How much will be sold on the market, and when?
Additionally, are there plans for a bug bounty program?
It will be split between Oliver and me. That means 4M to Oliver, 4M to me. You will be able to see the addresses on the blockchain explorer. How much and at what time (or if) we will sell, will depend on many things. But I can tell you that I will hold my LISK for a long time. We have years to come in which we can develop the platform, why should we sell after X months already?
If you plan on holding long term, how about creating a contract that release a percentage of your LISK based on specific conditions? Some factors could be time and market cap.
I agree, this would be an excellent strategy for the developer funds.
WTF ?!?! This a serious RED FLAG !!!
The two Lisk Devs plan to split all 8 Million Lisk between them 50/50, 4M to Oliver, 4M to Max ?!?!
I can already see huge flaws with this plan:
. Who's going to pay for future development, future staff, future campaigns, etc... Oliver or Max ?
. What if one of them suddenly decides to dump his 4 Million? Manipulate the market? Crash Lisk price & buy low again ?
. Why not set up a public CONTRACT or ESCROW to see how that 8 Million Lisk for the 2 Devs is released/spent?This is detrimental flaw that must be be addressed ASAP
Now watch the Lisk shills attack me to keep the sheepple quiet.
This has been brought up several times this past few days. It's good that you are concerned and are questioning this, but no need for the huge bolded red and blue letters, let's keep it civil.
Max and Oliver have been transparent throughout the ICO, if the community has concerns over the 8M being split between the core members, I am sure they will find a solution, or a compromise if need be.
As stated in previous posts, there are still some ironing out in details of certain aspects of the project. Max has been busy detailing a Delegate Handbook for those interested in becoming a Delegate. After the final draft is approved, he will focus his attention into detailing a business plan and fund management.