Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | Core 0.9.2.1
by
silvermetal
on 01/01/2015, 22:27:41 UTC
Sure sure, what was the price he asked for...hm...from the top of my head...it was equal to a year salary; 40 or 50.000 dollars Cheesy

That is a complete fabrication. I have never asked to get paid to work on Quark.


Complete fabrication? Really? How come Victor proposed below?

That it is not complete fabrication and the 40-50.000 dollars are not made up by me I will show to the others:

Below the e-mails I received from Victor (he was part of Max's merge mine team). When I asked Victor how much we have to pay Max for the project (Victor was the spokesman for the merge mine project, because Max didn't communicate). Here the e-mail correspondence:

First I asked Victor how much Max wants for the merge mine project, here Victor's answer:

Quote from: victor date=5July2014

1% of the first years supply at a market cap of $5 million would be ~$50,000; that would be ~3.5 million Quark at this stage. This would not be unrealistic to give to him in a premine scenario.

Then some people from the foundation asked Victor for an explanation about why to pay so much money to Max, and Victor answered:

Quote from: victor date=5July2014

the point is that that is the amount that he could realistically get in many other scenarios if he works either for us or someone else. That has to be taken into account as we plan. $50,000 is one year of salary for a middling job in North America - and we are hoping he will work for us for the next 5+ years... Max is not currently very engaged in Quark for a reason - he has minimal stake in it, and he has repeatedly stated his minimal stake. If we can't re-engage him for real over the long term, then Quark, which he largely has control of, will not survive. Considering how many millionaires Bitcoin has made, $50,000 is not much...

The assumption is not that he has completely abandoned Quark but that given his relative inactivity, we can assume that his attention is very split, or his interest is pretty lukewarm. If we want to secure his efforts over years, then we need to pay him adequately - "adequately" is determined by the market, and that above figure is by no means an unrealistic offer for either us or others to make.