Personally if you want to make this project a success and big then focus on development. That Project Acre shouldn't even be under discussion. RISE has a potential of being THE Dapp platform if you really focus on that. Way better than LISK on paper as of now.
To make it a reality development should be the big thing. Forget Acre thats actually is a smalltime project building and selling real estate. If you get 10,000 BTC then maybe it makes sense to do that
600 BTC (if you get that much) means roughly $260,000. For a year that would be $22K per month, which only can support maybe 2-3 good developers. That is NOT enough.
If you get 1250 BTC, 100% of it should be used to get MORE experienced Devs. Right now I think Justin you are the only experienced dev, you need to get high experienced dev to get the ball rolling quicker.
The shorter your time-to-market the more valuable this project will be. Secondly adding Highly Experienced dev is going to add credibility to the project, right now it seems most of your dev are your friends from Carbonite.
So if you guys are serious about making this project big, then I'd recommend shelving Acre as a separate token sale or only do it if you get like 10K BTC. The value you can create for RISE itself will be huge if you FOCUS your resources and GET HIGHLY EXPERIENCED devs, maybe even from India/Russia if they have experience, not some junior dev to manage funds better.
I see potential here, but you need to manage this potential otherwise you'll screw up this project. Acre is peanuts and shouldn't be even under consideration at 1250 BTC. Acre sounds more like a kids plan because everyone likes Real Estate and dream of that business. But what you have in RISE is BIG, so don't screw it over by focusing on 2 complete unrelated projects. Technology has HUGE potential vs real estate. So I would highly urge to create value by adding EXPERIENCED well-known dev to the team and use the extra funds to support that.
Thanks for the comments and concerns pertaining to Acre. In fact, the Rise team has been discussing Acre amongst ourselves for the past week. Acre was removed several days ago from the OP because we feared it was a distraction from the core project, Rise. Because of this we will start working on acre again when we finish with all of the core functionality of Rise later on down the road.
This now means that all funds raised in the ICO will go to development funds for Rise tech as the priority. A formal statement will be posted on the website shortly.
