If you provided an outline of specific efforts you are planning to undertake and the costs of these efforts BEFORE asking the community for money you would have a lot more credibility. To be honest it looks pretty sketchy right now.
We described everything that we plan to do:
95% of the collected funds will go to:
payment of articles and video reviews from various info-sites, bloggers and Mass Media
purchase of advertising on websites
adding to cryptocurrencies exchange.
It's all in plan. And the choice of promotion depends on the amount. We could say that we will pay for the addition of Byteball to Binance, but we do not know how much money will be in the fund.
We also said:
"It is necessary and important for us to have an objective approach to the selection of platforms for the Byteball promotion, so in our work we will listen and take into account your opinion. You can share your ideas about the development of Byteball with us, or suggest partnership, by writing in the topic, or by writing to our e-mail:
support@bytesfund.com"
Your opinion is important for us.
In addition, we described our 5% percent commission and what it includes.
If there are specific plans you want to undertake right now that will benefit the platform I can't imagine why the community fund wouldn't back it through a formal proposal on the #grants slack channel.
They asked to do the due diligence, and theyre right. They do not know about us and warn that we arent an official fund. We have added information about this already, so that we arent be confused.
Thanks for clarifying
I suppose my concern comes from the fact that there is no independent accountability or means of recourse if this group does not deliver on its promises. Everything they are hoping to achieve through this effort could be done more efficiently and with safeguards if donations (for example) flow through the community fund externally designated for this project.
Would something like this work for the group? Or is the group only interested in efforts if they directly receive the money first?