Step 2: After the sale ends you can collect your iotas from collect.iotatoken.com (goes live on 22nd of December)
Step 3. This site will instruct you to send a very tiny, but specific BTC sum, for example 0.000xyz BTC from the very same bitcoin address that you deposited your purchase sum from. This is to prove your ownership so that we can ensure that the rightful buyers gets their iotas.
This means that you can not purchase via depositing directly from an account at an exchange or equivalent which often change the sender address repeatedly.
Re-read these steps carefully before purchasing! If you are unable to prove that you own the bitcoin address that the bitcoins were sent from, the iotas will be forfeited.[/size]
Can blockchain.info control which address BTC is sent from, is this suggested?
Also is there a minimum $$ amount that needs to be raised to continue this project?
From the Risk Paper:
Quote
As the IOTA team plans to spend the proceeds of the IOTA crowdsale on development of
IOTA, Jinn (IOTA hardware support), marketing and community growth, a negative
fluctuation in the fiat value of Bitcoin could leave the project without sufficient funding to
complete all the milestones and goals.
IOTA, Jinn (IOTA hardware support), marketing and community growth, a negative
fluctuation in the fiat value of Bitcoin could leave the project without sufficient funding to
complete all the milestones and goals.
What are these milestones & goals?
