Good point, I'm on the fence for the moment.
In your OP you have 110K for public, but when you mention crowd funding you state
"There are three rounds to this offering, spanning a three week period. Rounds I and II will account for the release of 50,000 MTR. Concluding those initial rounds, MTR will provide the Crypto community a seven-day Proof of Work mining period rewarding 10,000 MTR.".
"Rounds I and II will account for the release of 50,000 MTR"
shouldn't this be 100,000 MTR?
are Rounds 1 and 2 coins split evenly?
and what is the end date of the 1st round?
I also have to keep in mind that if you "In the event developers abandon MasterTrader Coin" I can loose 70% of my investment.
Thank you for your questions as it's our pleasure to answer them for you.
--- "Rounds I and II will account for the release of 50,000 MTR" ---Rounds I and II will account for the release of
50,000 MTR *each* totaling
100,000 MTR My apologizes, as we are making that edit now.
--- "Are Rounds 1 and 2 coins split evenly?" ---Yes that is correct...to respectfully reiterate, Rounds I and II will both represent the distribution of
50,000 MTR each totaling
100,000 MTR and POW will roll
10,100 blocks @ 1 MTR per POW block mined.
--- "What is the end date of the 1st round?" ---The end date of the 1st round is
2/20/15 - 11:59 PM ESTWe are coding a countdown timer now and will get that updated on the OP shortly.
--- "In the event developers abandon MasterTrader Coin I can loose 70% of my investment." ---MTR administration believes offering these preventative measures is protecting the investors and offering a fail safe for the crypto community. We don't believe any other developers in this industry have offered such fail safe and we feel its a valuable safety net for the industry as a whole. MTR administration is agreeing to hold 30% of the entire crowdfunding raised in a long term development contingency plan that is outlined in the Escrow agreement displayed in the OP, and in OgNasty's 2nd post. OgNasty signed this with his MIT Server PGP key and we believe the agreement was a good move to make for MTR and the community so we spent the countless nights writing and revising to make it happen.
I hope these answers to your questions settle the concerns you had.
MasterTrader777
www.MasterTraderCoin.comwww.twitter.com/MTRDevelopers
