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Dude, sorry, you're the one that needs to wake up. It would take ages for me to argue such baloney (it's not coming only from you), so I'll keep it short:
- Everything you're witnessing here is in lieu of a crowdfund.
- Instead of asking for BTC, tonych decided to keep 1% for him and an additional 1% for further expenses, promotion, etc. related to the project.
- If at any point in the future tonych's 1% translates to a monetary value that he considers enough for his blood, sweat & tears, then the distribution method currently chosen WILL BE deemed a success (assuming the additional 1% will also be enough for the rest at that point).
- Any and all arguments against said distribution method ought to revolve around the mentioned 2% (i.e. the case where potential future valuation will not cut it). Or else it's just self-interest babble.
Dude, Usually you post good stuff but in this case I prefer that you take each of my points and present a logical and factual counter argument instead of calling it baloney. In fact nothing in your retort has any bearing on what I posted. Tonych's angle is not even covered in my post. It is as if you have no counter arguements to what I have put so have chosen to call it baloney and divert to something not even directly related.
I am not saying Tonych is a scammer or is taking more than his fair share. I do not mention his personal gain or otherwise. I don't care if the dev keeps 20% so long as there is ledger for expenses and wages.
This method of distribution is not good for alt holders at all.
This kind of distribution is worse for alts than ICO's.