Hi Bitland team. We're trying to collect and distill information about ICOs. We've done a preliminary post about Bitland here (http://www.smithandcrown.com/event/bitland-ico/). Comments or corrections welcome.

There are two questions we couldn't answer.

1. How exactly will Cadastrals be used in the final system? Who would buy them and who would sell them? We assume the supply is fixed - no new minting, no destruction of Cadastrals in transactions.

2. The Whitepaper gives some details about how the 30 million will get distributed that generally match the announcement thread, but we wanted to make sure that both are accurate. The White paper says:

"20 million will be sold in the ICO, 3 million in block rewards, 2 million for bitlands employees and contractors, 1 million through direct sales establish a multi-currency reserve, and 4 million to sell directly to governments to issue initial contracts" while the announcement says "21 million Cadastrals will be sold during the ICO hosted by Crypto Currency Exchange Denmark(CCEDK). The remaining 9 million is allotted for distribution over 99 years for various purposes."

Could you clarify?

Finally, out of curiosity, why not partner with Factom on this?

Thanks!