and if foundation does not happen, what then? Does IOTA continue?
Yes, but no further engagement from CfB, David, Stas or Dominik Schiener. It's than completely up to the community to develop and marketing IOTA further. One hope is of course, CfB and David need a working IOTA as Software for Jinn. So I expect it will be silent but still somehow developed.
I still have the opinion that a solution like Lisk and Waves have done, would have been the better one (put premine aside for the foundation).
But because that is not possible I will donate now more than I have entered in the Excel sheet to make the foundation happen.
seriously? .... just do a premine of 5% and get on with it guys, why all this angst with voluntary 'donations' and 'speculators are evil' nonsense.
common sense says if you guys need 5% or it's game over, then ffs why didn't you say this before the IPO