Quote from: Quickseller on September 04, 2017, 01:23:36 AM

I am trying to understand the terms you are offering. Is it correct to say you are asking for a loan under the following terms:
Loan Amount: 2BTC
Due date: October 31, 2017
Repayment amount: greater of $20,000 (paid via bitcoin at exchange rate at the time of repayment), or 2.2 BTC

I am also trying to understand the relationship between you and TuTu.Co.in. Is this your project? Or did someone else create this project? Where do you fall into play regarding this project?

Where will the funds to repay the loan come from? How will the funds from the loan be used? If the ICO is ultimately not successful, what funds will be used to repay the loan? Do you have sufficient assets to repay the loan if the ICO is not successful? Are you personally guaranteeing this loan?

I assume you are able to provide some kind of signed message verifying your identity as Bruno/Gleb.

Thanks.

Full Disclosure: I contacted Quickseller in making him aware of this thread, assumably hence his presence in asking tough questions. Cry

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Using my Gleb account, allow me to address your questions in no particular order.

No signed message but I guess I could create one outta the blue but that'll prove nothing. The two phone numbers attached to myself are both in my control, fairly easily to verify via said means. In essence, proving that I am who I say I am should not be much of an issue to overcome.

I am the creator/founder of YuTü.Co.in et al. Everything penned on the website - /yutu.co.in - was by me, with no others aiding in the overall concept/business model.

The funds to repay the loan will come from funds garnered during YuTü.Co.in's ICO, a common practice where angel investors receive their cut first after ICOs of entities they embrace come to a close. YuTü.Co.in's forthcoming ICO would have to be a total flop if it were unable to amass at least a measly U$20,000 during its run considering that myriad less-thought-out entities have raised tens of millions, founders of some nowhere to be found shortly after amassing their windfall.

That said, sadly if I had sufficient assets to repay the loan if the ICO is not successful, I wouldn't be in a position in having to request this investment-cum-loan, albeit that's perhaps a misnomer given that many multi-million-dollar entities seek additional funding for their respective projects in spite of their coffers being adaquently topped off.

The loan is for 2 BTC regardless of the exchange rate when remitted. Repayment is U$20,000 or 100% interest on 2 BTC, whichever is greater at the time of repayment no later than October 31, 2017 (i.e., if BTC trades above U$5 anytime up to the end of October, then repayment would be over U$20K - e.g., U$5,200 X 2 BTC X 2 [100% int.] = U$20,800)

Hope I addressed everything.

Bruno

702-981-5600
815-508-1668