@trademark, again READ! READ!...they only ask the 50% 7 days after they will release the wallet (when in all the ICOs the escrow release the 100% after the wallet is released, so this is a way better) and the remaining part after the beta wallet. But like this option dont like to sj, they offer to make to refund to anyone who want exit and release the remaining funds after they launch the wallet and make the distribution.
@placebo, they first need to reach an agreement with sj (like: 1) after the first wallet you send x btc, 2) after we pay the signature bountiies you send x btc, 3) after the beta wallet you send x btc, etc etc), they cant make the initial distribution if they dont know if sj will make refunds, so they offer to do the refunds before the launch of the wallet..please read this:
bitcurious [6:32 AM]
01) Release a "beta" wallet 02) Distribute XPO in accordance with the BTC you have access to and put the XPO related to escrow funds on hold until you actually get the funds since this has influence on the total distribution- if you don't receive the funds burn the XPO. 03) Show some action and code on github repository. 04) Launch a beta version. 05) Try to get XPO listed on one or more exchanges. | You should be able to realize this without any funds currently waiting in escrow. (edited)
[6:37]
+ Pay signature campaign bonuses from the funds you have and get it over with, consider voting on changing the purpose of the 9% XPO reserved for PoW and instead use it as a means to fund yourself if possible.
opair [7:15 AM]
bitcurious your proposal is interesting but the point 2) makes no sense, wa cant distribute some xpo to investors and hold the other part. And yes we can start to work with the funds of the first phase, we never said otherwise. The problem is that as you will see the willingness of SebastianJu is not release the funds and not accept any of our plans. Whereupon we can not distribute all the XPO or putting together a work plan assuming that we have all the funds, and then two weeks he refunds all funds. There is a problem of mistrust. So I think it is best at this time is that SebastianJu offer a period of time so that users can request a refund.
For a couple of days we can hear from investors here and during the weekend I will ask SebastianJu to make a decision.
bitcurious [7:17 AM]
I that case you can't distribute anything
opair [7:18 AM]
Yes, we can start the distribution when we made an agreement with sebastianJu
but that is not the case yet.
bitcurious [7:20 AM]
- Yah.. I thought my plan would allow you to move forward with distribution . Just don't send the escrow related XPO to the wallets.
Then if there are refunds you burn the XPO related to those funds
opair [7:22 AM]
So, only distribute 35%?..its unfair for the other investors
bitcurious [7:23 AM]
It only matter when you will get listed on an exchange
opair [7:23 AM]
you, with your money and the wallet, could start mining or sell, etc
bitcurious [7:24 AM]
Where am I gonna mine, there is nothing
Where should I send the XPO I sell over the counter?
opair [7:27 AM]
if we release the wallet, you could start to mining (we offer a pow phase as you know), and between the initial distribution to the 35% and after sebastianju release the funds could happen a month or more...in this time the coin could be added to an exchange. Again, its unfair.
bitcurious [7:30 AM]
Who ever said the world is a fair place..
Good health to Opair!