Some questions for InChain team:
- What events are you going to insure in bitsquare.io? This is decentralized exchange.
From their
whitepaper:
Bitsquare holds these values in every aspect of the project:
- Infrastructure (P2P network there are no servers)
- Never hold users funds (neither bitcoins nor fiat)
- Never hold users data (no account registration)
We still don't analyse the decentralised exchanges. I can say nothing about their risks.
- How will Ethereum smart contracts handle Bitcoin bonds and insuranse policies? Ethereum smart contracts can directly control ETH or Ethereum-based tokens only.
Redirected your question to our dev. The answer will be soon.
From the
interview:
Smith+Crown: Are you worried that tokenholders will decide not to engage your team for DAO committees?
That?s a very good question. It depends on the distribution of the tokens. For example, if we assume that 30% of the tokens are controlled by one person, this might be an issue. We don?t have an idea right now how we are going to deal with this. I think there should be a limit, according to which every individual can have 5% or 10% at most. We also might need to do KYC for investors.
- How will you control the tokens amount per person during the ICO?
During ICO we can't control because before it finished we don't know the result investments values.
So, because the tokens will be listed on the exchanges and anyone can buy it and came to DAO I still don't see how to manage token distribution without KYC.
Do you have any suggestions about the decision?