It's quite simple really:
1. Hold all the funds. Team does not hold funds. ICO participants are responsible to double check where their coins are going, I have published a list, it is GPG signed.
2. I forward all the coins every day to the multi-signature address.
3. If the total does not reach 100 BTC by the end of the ICO, a refund will happen, subject to tx and refund fees.
4. If the total exceeds but the first milestone is not met in the appropriate timeframe, a refund will also happen.
5. If the milestone is met and the coin is working and the network is running for several days, then we release 25%.
I don't support opinions. I don't speculate. I don't take sides. I escrow.
Dabs
well isnt that a nice way to absolve your self of any responsibility to this community
you dont care about the community, its just business, ok good to know, your totally entitled to that view, but wow i think people actually thought you had a conscience , or atleast cared for this community a bit :/