Quote from: jttp on December 02, 2017, 12:08:34 PM

Quote from: louiepro on November 28, 2017, 02:47:47 PM

Quote from: jttp on November 27, 2017, 10:24:18 PM

Hi Louie!

Great concept. One question about your implementation of the Interactive Coin Offering. As I understand the whitepaper by Jason and Vitalik, they base their approach on an uncapped sale. Yet, you mention a hardcap in your whitepaper. Could you elaborate on this?

Thanks!

Hi jttp!

Thanks

Great question! Our first priority is running a safe and secure ICO. The github repository links for our ICO smart contracts will be published after a code audit, giving ample time for a bug bounty before the pre-sale begins.

When it comes to running an Interactive Coin Offering, this is still something we are working on, and we hope to be able to do this before the start of the mainsale. Before the pre-sale begins we will be publishing the pre-sale AND mainsale smart contracts, for obvious reasons of transparency.

If we manage to create a successful InteractiveCO in time(while keeping priority 1 in tact), then we will do the same as we are doing now. We will have a third party code audit, then run a bug bounty. Then we would need to publish, loud and clear, that our original mainsale smart contract has been changed in order to support the Interactive protocol.

So just to quickly summarise, everything right now reflects our original plans of an Initial Coin Offering pre-sale and mainsale, but our smart contract developers are still working on making an InteractiveCO in time for the mainsale. Our number 1 priority is first and foremost security. Fairness will have to take a backseat to an unhackable smart contract

We are confident that the Interactive protocol will be coded into our smart contract before mainsale, but we also did not want to start the pre-sale without having a working mainsale smart contract available for all to see.

Thanks for the great question! Hope to see you on the Community platform!

Best Regards,
Louie

Thank you for the detailed explanation. Appreciate it, Louie!

Of course! You are very welcome

So I'm just gonna be blunt and ask straight out, have you joined our pre-sale and can I expect to get to know you a little better on the BullToken Community Platform next spring?

I sure hope so! Grin

Best Regards,
Louie