Here are some comments I have written on the rule and purpose of AEON, as well as the history and management of its donation fund. I'm pretty sure there is also a related post on bitcointalk but I couldn't find it so I'll add that if I come across it later.
Do you think the success of the donation fund is a reasonable retort to my assertions that I needed to ICO to get a coin well funded to do massive development post launch?
I would argue AEON coin holders are desperate given Monero in the distant lead and so many CN clones. So I will argue it is not an applicable comparison. Sorry that is off topic here...
I can support smooth's statement here as I've donated 200K+ AEONs to the dev fund and..get this...it was entirely voluntary on my part. I was not desperate as TPTB has suggested because I hold XMR as the majority or my coins. In fact, I traded most of my mined AEONs to XMR. Why donate 200K? Because the difficulty was incredibly low from Oct of last year til recently and I've amassed quite a bit of coins since then as there were very few miners. I personally felt development needs to be funded and asking for donation is quite an honorable and respectable thing, a rare thing these days as most coin devs would just rely on premines and ICOs.
Okay I appreciate this. I hear it straight from the horse's mouth.
So now I am going to say to you that if you want to stop messing around with Cryptonote
which I will soon obliterate, and if you would like to get wealthy while also helping to change the world, then you do
have an opportunity to invest in what I am doing much earlier than the ICO at a significant advantage.
It is fine and dandy to say that what you did was an act of unselfishness, but I would like to you explain to me how my 2.5 years of studying and working in these forums to acquire the vast knowledge which is on display in my posts yesterday all over the altcoin subforum (for which I've been paid roughly
BTC20 by smooth, rpietila, and jl777) and the fact that I need some funds in order to complete development of my shocking innovations (which I am growing increasingly confident will turn the entire cryptocurrency world upside down ... mark my word) should come only from donations for a coin that doesn't yet exist?
Some people act like the term "private placement" was never invented or has no place in the world of investing.