Quote from: WindListener on January 05, 2018, 08:07:04 PM

Quote from: TheNerd on January 05, 2018, 10:42:03 AM

Not as far as I know.

In summary our features that make us ICO 2.0 are:

Your funds are locked in a smart contract and only increments of 10% are released to us upon voting of the token holders
We can't touch those funds until at least 51% of the token holders vote so
If for some reason anyone is not happy with how we execute the project, he can start a refund voting process. If 65% of the token holders vote in favor of refund all the ramaining ether in the smart contract is refunded proportionally to the token holders

So basically you trust us only with 10% of the money upfront. But considering that we have already open source working product I think that is not much of a risk.

Interesting. And how do the token holders vote? Techinically?

They send 0 eth transaction from the ether address they use to hold the tokens. That 0 transaction has additional data though that tells the smart contract if the vote is YES or NO.
There will be detailed instructions on how to do it with the most common wallets.

The only cost to the user is the gas fee.
Also the tokens should not have been moved for a pre-defined period to avoid double voting attacks.