> What are your long term plans for Gnosis and how long of a timescale is it? Because if your funding runs out before reaching your long term plans, how are you going to raise money again?
If we reach our sale cap (~$12M) we will have a very solid runway of at least 3+ years. However - a basic version of the Gnosis platform is already live TODAY (admin.gnosis.pm). So our goal is to build the platform as strong as possible. However - if we should ever run out of funding we will still have the option to have continue with a specific project that will be build atop of the platform. This application would have its own business model (additional fee, trading spread, ads, ...) but would also pay the "base fee" to the platform.
> Another issue for me is, wouldnt it be a problem for Gnosis if Ethereum doesnt solve its scaling problem? Would you be interested in building your platform on ETC instead if they have a better scaling solution?
Let me refer to this answer:
https://forum.gnosis.pm/t/gnosis-faq/259/12The project looks very interesting, however reaching $12M crowdfunding seems like a very challenging target for a young project like this. From my point of view, you should consider doing more rounds of ICO instead of one with a cap of $12M. You could start with a smaller cap like $1M-$2M and after reaching certain milestones do another round of ICO so the community and ICO participants can see that you are worthy of investing money.