A plan and a roadmap was under way for a new fund raiser to develop the DAPP store. We were close to announcing it, when Max took the roadmap and the software and left the project.
Max is just in it because he has a great need for money. He constantly asked for salary increases during his time at Crypti, complaining about the high cost of living in Germany and his needs. I could post Slack logs to prove it if necessary.
Question I have is, why would a fund raiser to develop the DAPP store be any more successful than a brand new ICO for the forked coin? I mean, sure it could have been successful, or alternatively thought of as a warning sign that the team was out of money (as apparently it was)... and made things even worse. With a brand new ICO, it seems like there would be a better chance of bringing outside money and getting more marketing exposure out of it.
As for asking for more money.... umm... so what? I have no problem with teams/devs wanting compensation for their work. Now of course if it's something shady, giant hidden premines or outright scams, not so good. But a dev running a ICO, so what?
Yes, The ICO to continue to develop the platform is really the better way to go.
As founders who created the original coin with no inflation and did a pre-sale with the condition that there would be no more created, we were under the obligation to adhere to those terms, so could not ethically do another funding round for the same project. The best option for us would be to do a different project based on the Crypti platform and do a sharedrop so investors in Crypti would have a stake in the new project as well.
Since Max and Olivier were investors who also contributed a lot to the project, they joined the foundation at our invitation since we wanted it to include active community members. They did a lot of hard work and were more than deserving of any salary increases they received, and the salaries were still well below market value for the work they were doing.
Given that Max and Olivier were not founders during the pre-sale, they are not bound by the conditions of it, and are free to do the much needed ICO to complete the project and market it properly. They also, of their own volition, recognize that the investors in Crypti paid for the foundation upon which Lisk is being built and are generously offering them a stake in its future.
This allows the resources and effort to be focused on developing the core technology, giving it the exposure it needs and deserves, and avoids splitting the community between different projects.
In closing, the statements that Crypti ran out of funds months ago with only part time work being done on it are untrue. There were three full time developers working on it with full compensation all the way through December, and are now just finishing the testing of Crypti Release 0.5.5. There are also sufficient funds left to operate the foundation owned delegates for the next 6 months and meet other closing expenses.
touche'
