Quote from: iotatoken on May 31, 2016, 09:55:45 PM

Quote from: jokumat on May 31, 2016, 09:45:58 PM

So basically the devs want additional 5% of all iotas (minimum) to pay for their work in several future months. They collected over half a mil dollars but they spent them without even releasing a full gui. If they don't receive the required amount of iotas, they will leave and start the same thing with other people, more generous ones. Right?

In the event that you're not another troll sockpuppet:

No, the devs are not asking for this. IOTA Foundation is a separate effort and got nothing to do with the development of IOTA nor the company that sold the IOTA software. It's entirely different entities. The funds have been used and is being used for 3 things: IOTA development, Jinn development and paying VAT/TAX on sale, exactly as we promised from day 1.

If 5% of iota is raised for the foundation and the foundation gets established then the resources will go to adoption of IOTA tech. Simple as that, no controversy whatsoever and is 100% voluntary.

But without the Foundation you and CfB refuse to work on this project any more. So I think I described the situation well. You call the required contribution 100% voluntary. Ok.

I remember that all the unclaimed iotas were going to Foundation as well. How much is it? Is it on top of those 5 % or already included?

Will you release a full gui before the creation of the Foundation?