Topic: IOTA - page 536. (Read 1473233 times)

Yes, it's really important that little fishes make their donation. BUT

We never speak about the big big whales : https://www.tangle.ninja/iota/crowdsale

Because we can donate 10 or 15% of our stake but if the whales give nothing we'll never reach the goal.

David and Domch, I respect your work but I feel uncomfortable when you "speak" about the community in general. "The community has to make his decision". The community members are mostly fair and make their donation but the members don't have the same weight in the decision to fund the foundation.

I'm really confident that the foundation will be fund in future but my fear is "how it'll be fund". I don't like the suspicion atmosphere here. A crowdfunding campaign should be a good moment for the community, with suspense and hope. Not something anxious and we don't have to feel like hostages (and dependent of the good will of unknown big whales).

Yes, iota is for robots but the community members are not robot. Our reactions are humans, sorry. And from my side, I have a very bad feeling how this funding works. I really hope the ambiance will change in the near future.

My 2 iotas

PS : don't worry I already did my own donation to the foundation yesterday.

Any chance to get an answer here?
I'm willing to donate as well but it would be great to get an answer here. Thanks 😃

Why play so many games with your suppoters cfb? Trolling your own investors is wrong, or are you trolling iotatoken now by contradicting him?

Why they "will be shit"?

David, can you please comment at your post in bold. At the moment the pledge proceeds of the "Big Deal" seems to be missing in your 5% calculation.
Thanks for your feedback.

Richi

Post the screenshot, please.

How about this for a plan - an extra 5% is held in an account on top of any donations. If someone wants to get back their share of the extra 5% fund they can ask for it back by posting in this thread. An opt out mechanism means it wouldn't be a premine, and it's still a 'donation', and this system would have a better chance of raising the funds needed for the foundation. It's ethically not very pretty, but CfB and David's recent decisions show they don't seem to be too worried about that anyway, and it would probably work. An opt out system means everyone not following the thread pays the 5%, and the embarrassment of asking for refunds will prevent many from doing that, so more will get raised than with an opt in donation system. I think the goal is to be 100% sure the 5% target is reached, otherwise even the good guys who donate risk having their whole investment in IOTA become worthless.

If someone is interested in my 1% offer let me know. I want to get out of IOTA either way under the current management.

donated 10%

This is clearly not true and 5 years of working in crypto does not qualify your opinions on psychology or human behaviour. 20 years of professional experience in the gambling industry tell me something very different. The fact that greed is hard wired in us and that some people would indeed donate less or nothing as price skyrocketed does not mean that's true of all or even most of us. It also doesn't address the fact that greedy people want to make money, not lose it. Do you really think the foundation would sit at 4.7% and remain unfunded with price dropping when holders knew they could fix that by just each shipping a couple more % to the donation address?

I won't be donating until after the final GUI is out and I feel 100% happy that it is safe and final etc because I won't use my seed until then. However, I WILL donate more than 5% regardless of when this happens. I will also donate more if I see it is close but still not quite there.

You won't need to wait long after the final GUI, most of us will do it the moment we do claim, but there are many of us who won't claim and won't donate until after you have made good on your sale of the software - by providing a final GUI so we can access and move the tokens we bought in the ICO. You WILL then find some of us are willing to donate twice or even three times, and more like 10-15%, to get us over the hump; despite your very negative and pessimistic forecasts of ubiquitous, selfish stupidity among the ICO investors.

Jinn-mania!

Not sure. He just said he was confused how to donate in the speculation thread.
(https://bitcointalksearch.org/topic/m.15035751)

But can he already receive the IOTAs he bought before official launch?

Iotatoken you will say you will make the announcement this week. How much time will you put between the announcement and the official launch?

No decided date yet, it will come by end of this week. This has to do with the last fixes needed technologically and also the other plans we've set in motion behind the scenes.

Of course bigIOTAbig will be able to donate. Has he disclosed how much he wants to donate?

So? No date yet? Do i understand that correct?

And what about to build in time between the announcement and the official launch?

And how about bigIOTAbig who is willing to donate also. But is not an official ICO participant. He does not get the opportunity to donate? This guy bought massively. He threw al these bitcoins at IOTA that made the 20x ROI even possible.

Cheers.