Thanks for your detailed response. It is reassuring to know you still have a reserve and it is being used wisely by the sound of it.
Looking forward to the staking development.
Back to the DAO and contracts over the 10M. If I have e.g. 100 or 1k or 10k EXP, from the whitepaper does this make me a "shareholder" with 1/3 voting power times what ever number of EXP I hold?
By the look of it, any shareholder, even with 1M EXP, would be by definition overwhelmed by any monthly funding vote of the founders+directors.
Also, will the 770k in the dev reserve be exculded from voting, and how will this be done?
The more EXP you hold the more votes you have. This will be done with blockchain snapshots. So not only will staking provide incentive to hold, there will also be an incentive to collect more EXP for influence and power with voting. It is somewhat capitalist, but that works well for incentive and should be good for everyone. We will also be gamifying the wallet and Dapps for this, so it should also be fun and exciting.
If people want to exclude 770k or whatever is available at the time of the DAO, this would be extremely easy as the blockchain snapshot could just exclude it. Devs or anyone could still just buy as much EXP on their own as they like, and vote, but that is also incentive and demand which can have a positive price impact. Generally, I would say we should just exclude any team reserve from voting that is remaining as the DAO starts up. That would be the most fair, so an easy choice.