But can't you follow the same crowdfunding rules, generate a btc address and send some btc to lock in your own stake. So the way your saying it, it sounds like you will buy WARP on the market after crowdfunding is over??? OR you don't want to hold any WARP yourself?
Is there a % of inflation to get to the golden ratio of total amount of coins? What is the staking rewards? To generate those new coins.
Thanks for your quick answers, but still looking for more info.
Yes I can buy WARP of my own, with my own BTC, but I'm not going to that with my own sale. You do realize that I wouldn't be spending anything since the BTC would end up in my pocket anyway? That's not a fair position to take.
I would love to buy WARP off the market as a personal interest, and since I believe in the project so much, that is something I will surely do!
The stake percentage is a basic 1% yearly. I wanted to keep distractions to a minimum and as simple as possible. Too many terms and specs and unfamiliar conditions are hurtful of larger adoption. The point is to be quick and easy and useful.
shapetwist has a point, buying with into his ico would result in him getting free coins (since the bitcoin would just go back to him) and less for those who invested
Yes, I understand now. It just seemed a bit weird to me that the founder wouldn't hold a stake in coins. Hopefully he buys it on the market like he said.
@shapetwist What is the minimum amount of BTC you need for crowdfunding to be successful?