No, I still can not vote, because of my low rank. But anyway, the last thing you told, about the steps, I recommend you to not doing it and simply using an escrow. That is somehow mandatory. In the same fashion, a minimal cap is somehow logical, but do not forget the maximum cap !
Of course, there will be a maximum cap as well. Thank you for pointing this out. Also, an escrow account under our advisers supervision would function the same way as a milestone based funding. We will see which option is most desirable, the effect is the same on both.
Thank you for your input!