But now we have a situation where funds are missing
Just want to add that all Bitmark foundation funds are accounted for and now under medic's control in case someone misinterprets this.
Exactly...the foundation funds are secure, they were sent to me by Mark.
I need to set up a multi-signature wallet to ensure this does not happen again. Does the BTM wallet have this capability or is there a better 3rd party app? If anyone has information on setting one up, I will gladly consider the source. Thanks
We dont know the full facts at this point. We do know is that Mark is proposing reduced engagement for the next 6 weeks.
I think it's likely the coin will drop in value during this time.
Medic, rather than messing around with n of m, I suggest selling the whole 7k on the market (as quickly as you can) then putting in a buy wall at 1k.
That would buy us back 70k if we do it now. Then if the project can be brought back to its previous highs and beyond, that would give a decent war chest for bounties etc.
7k BTM right now seems a pretty useless number, and dropping like a stone in value ...
I am acting on Melvins suggestion, However a decision to sell will be made at the time of confirmation, which is likely to be ~3 days from now