Post
Topic
Board Service Announcements (Altcoins)
Re: Byteball's Marketing Fund. Make your contribution to the development of Byteball
by
Lann
on 31/12/2017, 10:27:19 UTC
Although I like the idea, I don't trust it. If you're sincere, I have some suggestions:
-forget Bitcoin funding. If someone wants to use Bitcoin to support Byteball: just buy GBYTE.
-set up an escrow address for the funds, discuss all spending with the community, and let escrow pay for all approved and succesful advertising.
I suggest a 2 out of 4 multisig escrow, for instance (if they're willing to cooperate) handled by:
CryptKeeper
Michail1
me - LoyceV
[add more]

Now it just looks like a quick way to earn money. This forum is flooded with Newbies trying to scam people. I'm not saying that's your intention, I'm saying that's what it looks like. And I'm suggesting how to get around that problem.
Financing bitcoins is necessary in order not to sell gbyte on the exchange, when gbyte will not be accepted to pay for the review / advertising / adding to the exchange, but it's important for the promotion of the coin. The usual purchase of a gbyte does not always have a better impact on the price of a coin than promotion. If buying of the bitcoin will not be necessary, then we will buy gbyte.

You offered us a good idea. We are began to consider this option.