Quote from: DailyModo on April 30, 2016, 07:05:46 AM

@dannyman I think what you were looking for was more of a legal statement, whereas what was provided above was the overall general statement that will be posted on the new site to inform people and answer basic questions like What is GBT, What are its purposes. Please refer to the Legal (GBT) section of this post.

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Hey guys, here with another update after the conclusion of the groups Friday meeting.

Steam Cards
We will be issuing another batch within the next 24 hours. Please note since it is the weekend once this batch has been issued the next batch issued will be on Monday.

Legal (GBT)
Currently, we have our lawyer investigating this. This has taken far longer than we (prior to legal council estimate) expected for it to take. Our lawyer has cited due to a myriad of complexities and grey areas with SEC laws and cases pertaining to Bitcoin, our Steam Item marketplace and having to investigate and actively cooperate with a Costa Rican lawyer there is still much research to be done and have given us the current eta of 2 weeks before he can make a conclusive statement to us on this.

In case we are not able to offer legal security to GBT holders, we are considering alternative avenues of ensuring satisfaction. One idea is a buyback clause ensuring there is always liquidity within the GBT market therefore offering at least a stable minimum value of GBT. Other ideas include the use of smart contracts regarding using one to automatically pay GBT holders. We feel it is necessary for us to do whatever we can on our part to look into solutions while we wait on a conclusive response from our lawyer. Keep in mind, these are only things we are looking into, and not binding commitments from us. Further research is being done into this to push the organization into being more autonomous.

Thanks as always and have a great weekend guys, looking forward to Discord on Sunday - Check the OP for the Discord link, hope to see you guys there!

How about the people who opted out of the gift card for more SS?