Quote from: vlom on February 19, 2017, 06:05:48 PM

Quote from: MalReynolds on February 19, 2017, 12:10:59 PM

Quote from: tuvok007 on February 17, 2017, 06:06:37 PM

Quote from: smithAwesson on February 17, 2017, 02:22:17 PM

why bitcoin escrow adrs is empty?
BTC Escrow - 3A8TEQ9dNPnJyG3BHyNERPbgZpE5DqvFeY

Wtf man, are you trolling?

The original question is legitimate and definitely not trolling. ICO donators have a right to know what the ARK team is doing with their donations. As one of three ARK escrow agents I am responsible for making that information available to the public.

At ARK management request, on Jan 6 Blazed and I together authorized the release of around 167 BTC from ICO (the remainder in the ICO BTC account after requested refunds) to cover ARK team expenses until launch. At the time of this Jan 6 disbursement, the requested withdrawal was within the "80% of all ICO funds gathered will be held in escrow until launch, up to 20% will be available for pre-launch use" rule ARK had in place with its escrow agents. (Since then, the value of BTC has gone up and the value of Lisk has gone down). This withdrawal was made from the escrow-controlled ICO BTC account 3A8TEQ9dNPnJyG3BHyNERPbgZpE5DqvFeY to the ARK-controlled BTC account 356xnT1xFW89d4jSBww7QSiTELnuePLknW. This withdrawal puts the ARK ICO BTC account balance at zero and so ARK has no further escrowed BTC funds available to them in the future.

The blockchain record for ARK ICO Bitcoins distributed after Jan 6 is available for inspection at https://blockchain.info/address/356xnT1xFW89d4jSBww7QSiTELnuePLknW. Of the 167 BTC transferred from escrow to this ARK account, around 140 BTC remain. Details of how the other 27 or so ICO BTC have been used are known only to ARK management, not me.

ARK ICO donations of Lisk after refunds are roughly 4.7M Lisk, currently worth around $650K. These Lisk funds are still under escrow and no Lisk has been released to ARK control other than requested refunds. I will not release any of the ICO Lisk until after ARK launch. However, at ARK team request I have authorized delegates votes made by this Lisk account, and so 18 ARK members are forging Lisk in their own personal accounts with ARK vote support added to their previous support from others.

Note that unlike with the BTC account, MinerJones and Blazed have no escrow second-signature authority over the Lisk account, only me. I am not an official member of the ARK team, only an escrow agent for them.

To summarize, ARK has cashed out around 167 BTC and appears to have around 140 BTC remaining worth around $140K under their full control. ARK also has in escrow about 4.7M Lisk worth around $650K to fund their future efforts. With no lock-out period and around $800K in available assets, the 125 million ARK coins to be issued should have a "fundamentals value" of 800,000 USD/125,000,000 ARK = 0.0064 USD per ARK at launch on the exchanges. Lisk funds may be monitored at https://explorer.lisk.io/address/9569486828221897676L. ARK contract terms with ICO participants may be reviewed at https://ark.io/ARK-TEC-Agreement.pdf.

and the wrote that they don't want the LSK for voting.... i still doubt that ark will be released.

show some proof that we said we would not vote using our lisk. We never said anything of the sorts, in fact it was probably more likely we would vote using our lisk.

You can doubt our release as much as you want but your opinions have always be shit since the beginning so no big surprise there.

Quote from: endfield on February 19, 2017, 05:34:36 PM

MalReynolds

Nice statement, but this is not quite correct.

Quote from: MalReynolds on February 19, 2017, 12:10:59 PM

However, at ARK team request I have authorized delegates votes made by this Lisk account, and so 18 ARK members are forging Lisk in their own personal accounts with ARK vote support added to their previous support from others.

ARK Crew voted for 14 members but also for 5 pools.

Why you voted for these pools? For a few pennies?

Statements like Kevin is a bad whale or your DPoS futures are good.
At the moment you play in lisk like a bad whale.

Mal voted because he has ZERO authority to tell us what we can or cannot use our lisk for, his job is merely to make sure we don't completely fuck you guys over. How about not being a dick to that guy who's protecting your stupid crypto.

Pennies? ARK Lisk wallet has about 4000 more Lisk in it now than at the end of the TEC because of the pools. It may not be much but that's still half a BTC of Value increase for ARK.