Well, it seems that a lot of people thought that way, that's why they are where they are now...
Actually, yes, I DO want to see a development team sitting on that type of funds if I were to hold a large share of what they're working on. Especially if those funds are merit-based.
Making a good product isn't cheap and neither is promoting it. The biggest weakness of all coins is that they lack this type of funding. Even Bitcoin really doesn't have much on that front.
If the milestone schedule (and I really prefer the first schedule over the second one) holds up then that's a worthwhile investment. The only problem is that there's some clarity missing on this side of the deal.
Bob and Gekko mocked me when i discussed developement. Saying it was unnecessary and coins only need marketing. Then they proceed to take 50% of the dev fund