Someone on reddit asked about money raised and Token distribution at ICO.
This is the answer :
"All of the tokens were distributed. Roughly 1 billion. They claimed to raise 3000 Bitcoins when in reality it was closer to 1000 which at the time was roughly a half a million dollars. That was split among 5 people including myself and I'm the only one that stayed on the project afterwards. This took place at the end of 2014 more than 3 years ago."
So 4 of 5 devs disappeared?
Not surprise..This is the answer :
"All of the tokens were distributed. Roughly 1 billion. They claimed to raise 3000 Bitcoins when in reality it was closer to 1000 which at the time was roughly a half a million dollars. That was split among 5 people including myself and I'm the only one that stayed on the project afterwards. This took place at the end of 2014 more than 3 years ago."
So 4 of 5 devs disappeared?
It`s common event in crypto..
Those unrealised fat ITs earning huge money in 2-3 months in crypto and leave everything, going to Thailand, to taste women..
That`s why team is main factor in every project..
Glad we have overcome this failure..
The question was asked on Reddit and I do believe in always giving a straightforward answer. Because indeed not enough funds were available for our initial growth although luckily things have expanded on their own.
Yeah this is a story for the history books. We have come so far since then and have met deadlines and have been the first to release new features such as the decentralized markets which were a year before OpenBazaar. So the current team is extremely good and meeting our timeline. It definitely doesn't feel lonely anymore.
The team has grown a lot since then.
https://bitbay.market/the-team
