Quote from: ark02 on February 07, 2018, 10:55:44 AM

Quote from: Kapz786 on February 07, 2018, 10:02:58 AM

Quote from: Crypto S on February 07, 2018, 09:36:57 AM

Yeah, i know, that is why i am asking about the revolux sponsor in particular which is OP's site as he states in 1st post.My question was whether i have to send money now to the sponsor or PoF although i think i have to send the money upfront as said in 1st post as well. Am i getting this right ?

The details for this group buy have not been decided it's still early stages. It would be very unwise to send money to anyone at all for this group buy yet until those details are finalized.

Pick a sponsor, let them know how many you want and then they will let you know when to make payment (I highly suggest using escrow unless your sponsor is well trusted)

100%
Thank you for clarifying this.

The point of this thread is for everyone to state their interest, to discuss who to pick/ask for sponsorship, etc.

We would also like sponsors to come forth and announce their terms & conditions. More details in op.

Before you pick your sponsor, please have a lively discussion, ask questions, do your research, and don't send your money to anyone you don't trust, or anyone you haven't discussed terms & conditions with.

Trust chain:
The entire point of this bulk buy is that nobody's money should ever be risked until we've got trusted verifiable proof that the cards are real, in our hands, and pass our inspections. At the very top of the chain, we have bulk buyers and sponsors who are either doing escrow or standby letter of credit. Their money is never at risk until cards are in their hands.
Think: Trustless top, sponsor of the "trust chain". All that is required to establish a "source" of trustlessness is Proof of Funds.

Then, you have people who are being sponsored by someone. They are the links of the trust chain. These people are at risk because if they send their money to a "sponsor" today, they are trusting that the sponsor will:

1) be capable and competent enough to ship cards in a timely manner
2) In the event the buy does not happen, be able to give you a timely refund

The way you go about securing these things depends on the terms of your sponsor. Do you trust them? Have they been vetted by trusted forum members? Do you know them personally? Local pickup? Escrow? Standby letter of credit? Etc etc.
Like Kapz said:
Escrow is highly suggested unless your sponsor is well trusted

Do your research. Have a discussion here, and on telegram.

Hope this clears some confusion. Mod and trusted member help is really appreciated here.

Best,
Amir

EDIT: I'm in London Feb 9-10. Anyone want to meet up?

Anyone needing a sponsor can contact me, Im already sponsoring quite a few people, and wont be taking any funds until the cards are sitting at the port. I have met in person with Amir & Evan, and have talked on the phone with many people in this thread. Im in MA and Im willing to meet up with anyone that is interested. Contact details have been posted a few times!