The biggest risk we see is security, which, in this context, obviously has historical precedence as an issue. We plan on minimizing security risks by providing a funding base for individual developers through our main platform that operates in the same fashion as our larger project-funding platform. The DAO was warned long before it was exploited of the vulnerability, but the team failed to act. With this system, which is crowd-directed like the rest of the fund, users can propose and fund a solution to security problems as theyre identified. This will allow solutions to be implemented as soon as possible.
We are absolutely open to having experts peer review our code before we release it. We are willing to take any steps necessary to ensure potential users of the legitimacy of the project.
As for your previous post, weve chosen Ethereum because of the higher level of adoption and familiarity among a much larger group of people than NXT and XEM. Also, we believe that because of the way the fund as well as the token will operate, Ethereum is the most logical platform. Like stated previously in this thread, the historical issue with this idea on the Ethereum platform wasnt inherently an Ethereum issue, but an issue in the execution of the idea itself.