Call for donations and funding!I will post this here as I am sure there are many Investors that are not reading the whol thread day by day.
There are two important fundraisers going on that both still need more funds.
1.) "The Deal" This is an interesting project. The Devs of Iota have got in contact with some (according to them) really BIG players, who are interested in acquiring a large share of IOTA tokens (25 million). In return they will play a large role for mass adoption of IOTA. So who are "they"? Well that is something only the core devs know at this time, and unfortunately they can't tell us the names without braking the deal.
Also note,
every one funding "The Deal" is NOT donating there Iotas but rather selling them. The 25 mill will be sold to "them" and every one that helped fund "The Deal" will get there schare of the proceedings. Though please note the price is not known, it will probably be a bit below market price (what ever that will be).
2.) "The Iota Foundation" is a fundraiser that needs 50 Mill Iota. This will be for the medium and long term success of IOTA. The Iota Foundation will secure new partners and drive adoption of IOTA.
More Info here:
http://forum.iotatoken.com/t/iota-foundation-announcement/174Why you should help with the funding? Here is my point of view on it, out of a speculators perspective.
The moment I invested money into the Iota ICO, I had to blindly trust the Iota devs that they will stay true on there promise to deliver the IOTA program. As it appears they did a good job and the Investments already multiplied by x20 if you take the recent OTC trades into account.
So I for my self donated 20% of my IOTA. 10% to the foundation, 10% to "The Deal". Why? By doing so I see a great chance that if "The deal" works out and it is as big as it sounds like , that the rest of my IOTA will gain much more value then the 10% I contributed (which is actually same as selling). So Risk Reward is very good on this one. Also, if I trusted the devs once, I have no reason to not trust them with this.
Same is foundation, if IOTA has a foundation backing it, it will be taken much more seriously, which will more then likely will have a direkt affect on the value of IOTA.
My personal judgement,I might be wrong, should none of the two projects get funded then its even very good possible that current prices cant be sustained and go down a bit. So its in every ones interest that we get this funded!
Your contribution is very much appreciated!
Current status of the funding: https://docs.google.com/spreadsheets/d/17d2k_0Xgy2SSFx6NWx2xyrgF9pFcs_Mr-GgVg5Uvzjw/edit?ts=56eac2b7#gid=0