Quote from: Number 1 on January 07, 2017, 10:59:00 AM

Quote from: cannabanana on January 07, 2017, 10:43:09 AM

Quote from: Number 1 on January 07, 2017, 10:36:29 AM

Quote from: BitBanksy on January 07, 2017, 10:26:00 AM

Quote from: cannabanana

We never promised we would not use our lisk for our own benefit....

That's what the community needed to hear. Thanks for clarifying your real intentions.

To sum up: 30 ex-liskers have found a way to get paid while setting up a copycat... as for the ICO funds? Unless ARK does succefully setup a foundation as promised, the team reserve the right to spend funds the way they wish without being held accountable... Bravo! That's a good plan Grin

Hmmm ok that's interesting. Would it not have been better for the ARK project if the ARK TEC funds were used to vote an ARK Community Delegate whereby the funds generated from forging could be used to further the ARK project! Forged Lisk could be reinvested into ARK Community proposals, mainnet stabilization, IoT integration.

The TEC funds should be used to further the ARK project as a whole and not to benefit individual members of the ARK crew.

To use TEC funds for individual benefit when there is a clear alternative to use them towards the betterment of the ARK project is completely unethical. Furthermore it strengthens Lisks position over ARK by focusing individual efforts on Lisk forging rather than on ARK. How can this be condoned! Canna let's see you explain this one!

so basically you are saying we should give you more.

There's nothing unethical about it.

I don't need to explain it. That's just the way it is. Like it or not, it's not like you invested in ARK. You exchanged your coins for ARK tokens to be used on the ARK platform. Nothing more. Having these tokens don't entitle you to any decision making and or explanations.

I'm saying that ensuring the success of the ARK project should be the priority rather than using ARK TEC funds for personal gain. Saying people didn't invest in ARK and it was a donation for tokens is basically putting lipstick on a pig. People who supported the ARK TEC invested in its success. Using ARK TEC funds to forge Lisk is fine. However the returns should be used to further the ARK project and not misappropriated for profits of individual delegates.

I'm not saying that ARK TEC participants should get a distribution of Lisk forged from ARK TEC funds... again that would be using ARK funds for personal gain.. but that rather that forged Lisk should go back into a fund towards wages for ARK developers, foundation setup costs, towards the success of ARK.

Why are ARK TEC funds being used for ARK crew personal gain. Why can't they be used to up vote an ARK TEC Delegate for Lisk forging?

An ARK delegate with all forged Lisk reinvested in furthering ARK! Developers, marketing, smartbridging.. you name it.

Better that than lining individual's pockets.
Down with the Raiders of the Lost ARK!