Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
iotatoken
on 25/08/2016, 00:16:11 UTC
Manual Claims have not yet been counted, but so far only make up a few more %, will be processed this week.

We will adjust the goal to 50 Ti. With this minimum I am confident that we can squeeze the main and necessary goals out of the negotiations, but time is ticking very fast. For all those who have not yet donated I got one question, are you really willing to risk 2-5-10x increase by refusing to part with 0.02 or 0.010x of your stake? Honestly? I would love to chat with such an individual just to get insight into what sort of fascinating pattern of thinking gave rise to that decision.

In all seriousness. 50 Ti is nothing, we as a community should be able to achieve this. This event is something we'd have 4 premium speaking spots spread out over 4 days at if this Big Deal had gone through already. There are several more of these events and equally important things on line, are we as a community going to let it go to waste over ~2% of the collective stake?

David, how about using some of the Foundation funds to fund the Big Deal? If it's concerning adoption/marketing it could be Iota well spent. Keep the Foundation addresses up and running so we can continue to contribute to the Foundation.

It's not a good choice. The community has to take its own responsibility. Even the largest whales of Ethereum, or even the founder (Vitalik) himself only had 1% of total ethers, now he has more like 0.5% iirc. People need to just ask themselves: "Given the amount of IOTA I hold, am I contributing even remotely as much as Vitalik did to Ethereum?" if the answer is  "No", well then you're doing something wrong.
I've reiterated this so many times since day one back in October that it just feels tiring even saying it at this point... If we reach 45 Ti, then perhaps the Foundation can indeed put in 5 Ti, but come on people, stop playing the victim of your environment, you got the choice of your and IOTA's future in your own hands, do something with it!