For issuance of 100 million fixed New Tagcoin, will enable 1 to 1 burning of old Tagcoin to New Tagcoin, and setting aside 20 million for 10 years at least.
Shouldn't it be more like 16.277 New Tag per one old Tag?
100,000,000 ÷
Actually, they have that wrong - you can see the correct total if you do "getinfo" from your wallet...the true amount is just over 6 million coins.
6143589.07398300 TAG
=
16.27713032166850149188 (give or take)...
if it were
one new for one old, then you're effectively telling anyone with old tag you're not really interested in buying them.
Hey Mark, would be a good idea to have the ICO under escrow (hint hint), as I don't think you're doing it in TAG. Could also be done 2-of-3 multisig with another. That is, if it's being done in BTC. You've got several months to decide.
I'd be prepared to assist as an escrow (two of three as Dabs has suggested) as I only have ~ 1,250 TAG and would be prepared to whip up some vanity Tag Wallet Addresses for the change over (no charge)
eg
TDabswayPJSuaH2G7qxU3o1HVBwKZhyP1mTAXMANPXg9UsVwaU3nTYMgWLCQTc16UKVwTAGCoingrxWbxP2izGyeJXecSrqanArAAdTRAVEL9dBMVbSXpjoRoUzwo8TUFoFiA2tqTAG4funme1vuQFcCquWUAYxs6JzU7R4C5bTARDiSqGjeo3JcShhgrGL5p4U5F4gCQZuK (personal favorite)
(full list here
http://tagcoin.org/tagexplorer/www/tx/?txid=ac2647a973a12126b140971b90069313411b09f180cb87df5ee9cb11edf60ff9 )
(look at the date & transaction amount - ends in "2067")