Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.
the team doesn't even do their own development. they contract it out to a third party - who knows who this is?? lol
Is already updated.
Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted to the lightcurve GmbH which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.
https://forum.lisk.io/viewtopic.php?f=52&t=1425
so they paid themselves.....aren't Max and Oliver the "bosses" of Lightcurve?
Edit: Yup, they are... https://www.moneyhouse.de/lightcurve-GmbH-Berlin
they've essentially made sure that they can "legally" get hold of all that cash.
Max's actually smarter than we think.....
This is not for themselves, it is for the GmbH.
And Lightcurve support the development, marketing and other things.
As a GmbH, you always give reports to the financial authorities.
So so you can't just use the money for yourself.
where are the good governance checks and balances in the structure of Lightcurve?
The Foundation is Max and his associates, and Lightcurve is Max and his associates.
Will Lightcurve be putting out contracts to competitive tender, or awarding contracts to a clique?