You claim to be running a crowdfunder, but what I fail to understand is what you expect to use these funds on. You try to calm down concerned people by saying you're also buying a lot of mastercoins, but you do realize I too can send a lot of bitcoins to another wallet which I control, and still maintain control?

There seems to be a rush in getting people to send you money and several flaws in your paper. I'm gonna have to sit this one out. I wish you had waited and developed something beforehand.