As a satisfied previous investor in Gamma Bitcoin Fund, I didn't need much convincing to invest in IceDrill, seeing as it's fronted by DeaDTerra, so I am now an investor in IceDrill as well.

Still, I had a few questions, most of which have been answered already. The one that I haven't seen answered or asked, is:


Seeing as there are no management fees and it has been said that all of the funds raised by IPO would be used for the benefit of the mine (as opposed to part of it going into the pockets of the founders), and that no consultation fees would be paid out to them, this makes me wonder — what is the incentive for them to do all the work? I understand that most of them are also shareholders, possibly having bought their shares as "private investors" for a discounted price (I am not implying there is anything wrong with that), but what is the incentive for DeaDTerra specifically, since he has stated that he is not a shareholder? It would seem odd if he was to spend his time (and a lot of it, judging by the size of this project) to manage all the assets just for the good of investors or BTC network, without receiving any direct benefit. Am I missing something here?