Read his posts for more info regarding his work. This will not change VeriCoin protocol, it will add features to the coin. We are behind it if the community is and think his work is impressive.
It's not a donation, it's a sale. If this goes through you will get 0.00010000 BTC for each VeriCoin, paid in VeriCoin bought at market prices at that time and sent back to sending address. This is the only way to do it clean.
If it falls through the amount you sent to escrow will be sent back to the address it was sent from.
Is there anyway you can do a page on the website of who he is background and what he's bringing to table for the non tech people (Like myself). I know the core team is in it for the long term I don't mind helping but I do want to know like background what he's bring how it helps the coin even a QA something where its a hangout or a page that answers questions. Terms of the agreement. Is he full time exclusive to vericoin things like that.
jl777 explains it all in the irc chat that @setup has copied and posted here for everyone to see
hope it helps ,but in a nutshell its basically vericoin joining a network that will/can be extremely beneficial for vericoin
It already is beneficial. More than 50% plus in the last 4 hours. So please community, transfer some VRC (at least 10% of your amount) to the ecrow, that is held by effects. You can only win.