sry, but i am stupid or why does the devs need 7 btc for the signature campaign? They bounty is paid in XPO or not?
no it Is paid in BTC.
Topic: [PRE-ANN] OPAIR | Decentralized Debit Cards | OCaml | New Blockchain Platform - page 59. (Read 127659 times)
September 01, 2016, 05:02:19 PM
no it Is paid in BTC.
September 01, 2016, 04:49:00 PM
How about this: dev gets a block explorer and wallet up and all/most funds would be released? Signature bounty is of least concern right now.
With this much BTC raised, getting a wallet and block explorer up will take trivial amounts of funds. This should not affect what you plan to do with the escrowed money.
With this much BTC raised, getting a wallet and block explorer up will take trivial amounts of funds. This should not affect what you plan to do with the escrowed money.
September 01, 2016, 04:44:13 PM
Guys, I see alot of posts of accounts that want me to release the coins to wasserman99. Unfortunately the only persons I can trust to be real persons are investors that showed some sort of proof of their investment and wasserman99 as the dev. It seems there are other threads about OPAIR where the vibrations are completely the opposite and they can't post here. In any case this is nothing I could base a decision on and override other investors wishes based on accounts that are unverified investors.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
Hi,
There are like 10 different user that agree with this proposal: https://bitcointalksearch.org/topic/m.16112581 (as you can see if you read the thread).
About this: "the opposite and they can't post here.", since you make public our conversation I dont delete any message.
"In any case this is nothing I could base a decision on and override other investors wishes based on accounts that are unverified investors." So you can decide anything until all the investor contact to you? How will you decide for those users who do not contact you? (Either refund or not?)
"Personally I would like to get an explaination why the coins from ICO phase 1" I said you a lot of times that we can work with the coins of the ICO phase 1 but after start we want to close the agreements about the total sums of the funds because otherwise you can then change your mind, be influenced, change the rules etc. The best thing for both parties is to have everything clear before proceeding.
Anyway, what else can we do to reach an agreement ? We are locked until you decide how to proceed. This situation is very frustrating.
Let us know when you decide something.
Regards
September 01, 2016, 04:39:29 PM
Guys, I see alot of posts of accounts that want me to release the coins to wasserman99. Unfortunately the only persons I can trust to be real persons are investors that showed some sort of proof of their investment and wasserman99 as the dev. It seems there are other threads about OPAIR where the vibrations are completely the opposite and they can't post here. In any case this is nothing I could base a decision on and override other investors wishes based on accounts that are unverified investors.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
I have send a PM with proof of investment and my thoughts about this.
September 01, 2016, 03:55:52 PM
sry, but i am stupid or why does the devs need 7 btc for the signature campaign? They bounty is paid in XPO or not?
no it Is paid in BTC.
September 01, 2016, 03:55:37 PM
Guys, I see alot of posts of accounts that want me to release the coins to wasserman99. Unfortunately the only persons I can trust to be real persons are investors that showed some sort of proof of their investment and wasserman99 as the dev. It seems there are other threads about OPAIR where the vibrations are completely the opposite and they can't post here. In any case this is nothing I could base a decision on and override other investors wishes based on accounts that are unverified investors.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
Isn't one of your basic rules that a block explorer needs to be available 7 days after launch? So Wasserman99 needs to launch OPAIR, maybe everything that is written in OPs is not available at this time, but that should be ok. He launch the coin so that coins can be send to the investors. If in those 7 days there is still no block explorer etc, then people should still be able to ask for a refunds and those coins should go to a unrecovered wallet.
I didn't check the source code of this coin yet, I even don't know if there is source code available at this moment, but every coin is a clone of another coin. It would be most unlikely that OPAIR is suddenly a total new coin.
You should keep the coins locked as long it is necessary to keep them locked and people should already be able to ask a refunds if they want to do this now. Refunds should be available all the time. Funds should only be released in 7 days or later if it is still not clear what the real story is behind OPAIR.
September 01, 2016, 03:52:52 PM
sry, but i am stupid or why does the devs need 7 btc for the signature campaign? They bounty is paid in XPO or not?
September 01, 2016, 03:43:53 PM
why should anyone want to release this funds right now? Nothing is delivered. Otherwise an Escrow makes no sense.
September 01, 2016, 03:27:30 PM
Guys, I see alot of posts of accounts that want me to release the coins to wasserman99. Unfortunately the only persons I can trust to be real persons are investors that showed some sort of proof of their investment and wasserman99 as the dev. It seems there are other threads about OPAIR where the vibrations are completely the opposite and they can't post here. In any case this is nothing I could base a decision on and override other investors wishes based on accounts that are unverified investors.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
So if you invested then please contact me with your wish to FORWARD the coins to wasserman99. Personally I would like to get an explaination why the coins from ICO phase 1 are only enough to pay for having a wallet in hands and running a sig campaign. There are much smaller ICO's that manage to do that without receiving any investment.
So far wasserman99 could not explain the usage of that kind of a lot of money so if I had contact with an experienced altcoin user on this forum before, who invested into this ICO now and I trust him then let me know and please let me know why these numbers match up.
September 01, 2016, 03:20:05 PM
Good decision on escrow SebastianJu to not yet release the ICO funds from the 2nd phase until there is direction on this. It will be a good time for the CEO Frank to come out and give order to the chaos.
Looks like wasserman just wants to collect ICO funds quickly without any clear plan on what to do with the project. Lol
Looks like wasserman just wants to collect ICO funds quickly without any clear plan on what to do with the project. Lol
September 01, 2016, 02:02:22 PM
....
Yesm i think so, any other escrows do the same thing, the general pattern is release partial fund when they complete X% of roadmap. I heard that lisk team doesn't get a lot of fund, they use their own money if the fund is short, and 15k btc is not released in one time. This is very good way to protect investors, not only release a copy-paste wallet. SebastianJu is the most famous escrow, we hope to see this project can be a real in use and legit project
Yesm i think so, any other escrows do the same thing, the general pattern is release partial fund when they complete X% of roadmap. I heard that lisk team doesn't get a lot of fund, they use their own money if the fund is short, and 15k btc is not released in one time. This is very good way to protect investors, not only release a copy-paste wallet. SebastianJu is the most famous escrow, we hope to see this project can be a real in use and legit project
I agree with that and be honest 33 000$ for beginning is not bad at all.
That pressure to get that 7BTC from escrow looks like someone want get them and vanish.
Do really that 7 BTC mean that much ? I don't buy that.
Devs can you make that beta wallet in 2 weeks like you wrote - all can wait and see work putted in.
If someone just BS that he doesn't have time bla bla ... but we work full time on opair it looks just "bad".
Escrow is doing good waiting for DEVs progress and this is fair.
September 01, 2016, 01:57:45 PM
I don't see where is the problem. Simple
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
As I said before, we agree with this proposal, but all agree with this point?: "I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.", will be great for us to have more funds, but that would change the initial proposal and we do not want that once accepted by the escrow, some users go and complain about this point. That is, once the proposal is accepted by SJ, will be an agreement reached with the consent of the community.
Regards
But what if you will sell 9% of all coins? Price per coin will be dumped hard. I'm against it. Need to come up with something
Good point...We dont have problem if that coins go to an escrow address.
Regards
September 01, 2016, 01:56:41 PM
I don't see where is the problem. Simple
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
As I said before, we agree with this proposal, but all agree with this point?: "I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.", will be great for us to have more funds, but that would change the initial proposal and we do not want that once accepted by the escrow, some users go and complain about this point. That is, once the proposal is accepted by SJ, will be an agreement reached with the consent of the community.
Regards
But what if you will sell 9% of all coins? Price per coin will be dumped hard. I'm against it. Need to come up with something
Good point...We dont have problem if that coins go to an escrow address.
Regards
I also agree.
September 01, 2016, 01:43:25 PM
I don't see where is the problem. Simple
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
As I said before, we agree with this proposal, but all agree with this point?: "I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.", will be great for us to have more funds, but that would change the initial proposal and we do not want that once accepted by the escrow, some users go and complain about this point. That is, once the proposal is accepted by SJ, will be an agreement reached with the consent of the community.
Regards
But what if you will sell 9% of all coins? Price per coin will be dumped hard. I'm against it. Need to come up with something
Good point...We dont have problem if that coins go to an escrow address.
Regards
September 01, 2016, 01:37:31 PM
I don't see where is the problem. Simple
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
As I said before, we agree with this proposal, but all agree with this point?: "I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.", will be great for us to have more funds, but that would change the initial proposal and we do not want that once accepted by the escrow, some users go and complain about this point. That is, once the proposal is accepted by SJ, will be an agreement reached with the consent of the community.
Regards
But what if you will sell 9% of all coins? Price per coin will be dumped hard. I'm against it. Need to come up with something
September 01, 2016, 01:30:28 PM
@wasserman99, im ok with that too.
Good health to Opair!
Good health to Opair!
September 01, 2016, 01:05:03 PM
I don't see where is the problem. Simple
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
As I said before, we agree with this proposal, but all agree with this point?: "I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.", will be great for us to have more funds, but that would change the initial proposal and we do not want that once accepted by the escrow, some users go and complain about this point. That is, once the proposal is accepted by SJ, will be an agreement reached with the consent of the community.
Regards
September 01, 2016, 01:01:21 PM
Now We are going on OPAIR talks . We need SebastianJu to come here for making comments or give his idea about this. But I do not see him anywhere. All investors contribute their money to this project and They have been discussing about how to use the escrow funds .
They also want their project to run smoothly without discontinuation.
They also want their project to run smoothly without discontinuation.
let us all send a many messages to SebastianJu!
Why? Wasserman is already taking contact with him.
I agree with this! If the escrow also agree we can close the agreement.
Regards
After that all we need is to see if SebastianJu agrees to it or not. And don't forget the 2 people who are never been seen can also disagree.
Yes, dont spam to SebastianJu..he did the right thing and probably between today or tomorrow give its opinion on the latest proposal most accepted so far.
Regards
September 01, 2016, 12:48:21 PM
Now We are going on OPAIR talks . We need SebastianJu to come here for making comments or give his idea about this. But I do not see him anywhere. All investors contribute their money to this project and They have been discussing about how to use the escrow funds .
They also want their project to run smoothly without discontinuation.
They also want their project to run smoothly without discontinuation.
let us all send a many messages to SebastianJu!
Why? Wasserman is already taking contact with him.
I agree with this! If the escrow also agree we can close the agreement.
Regards
After that all we need is to see if SebastianJu agrees to it or not. And don't forget the 2 people who are never been seen can also disagree.
September 01, 2016, 11:32:44 AM
I don't see where is the problem. Simple
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :
1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.
Now for the escrow :
1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)
You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.
3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable
I agree with this proposal.
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