Quote from: Evil-Knievel on August 08, 2017, 01:46:38 PM

Quote from: erok on August 08, 2017, 12:49:27 PM

No funding except for the ICO? Call me crazy but I remember an ico.

I can't take this anymore Roll Eyes

Yes, donations were collected almost 2 years ago (Alerta: no ICO!!!) with the purpose to kick off the development process. This obviously worked, didn't it? It is absolutely irrelevant whether it was required to burn them, throw them in the toilet, donate them to charity, use them to quit the job and pay the running expenses while coding, pay for 10 litres of Kopi Luwak coffee per day to stay shap-focused or if some other complex butterfly effect was made possible to happen. It just does not matter.

But there is one thing we can be sure of, clearly "creating a foundation, forming a corporation and funding developers on a monthly basis" was not the way the whole thing headed. It just didn't, even if you try to create the impression of the opposite. But this is fine, since it was never promised!

You can call it what you want but I am just saying that if the SEC or whatever poke their noses into this it will be classified as an ICO. I would just rather not live in fantasy land concerning this just because it was labeled a donation later. This sort of jargon dancing will just confuse kids and piss off gov types while simultaneously misleading legit investors. I dig the idea behind the project as quantifiable decentralized compututational resources are literally the whole aim of all this but I think this is a mistake to not call it was it was. If there were tokens or premined assets sent out based off a "donation" ledger then.... Sorry if you guys get this a lot, I just see this as an up and comer and feel like something big is coming in terms of regulation and authority for all of us. I will see myself out now. Best of luck sir, good to talk to you again.