Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟
by
wiked1
on 06/08/2018, 16:48:04 UTC
-nonsense snipped -
So I propose that the remaining funds that I am entitled to for the previous milestones be released to me so I can continue development of the DEX, and then investors should be refunded everything that is still in escrow as they are entitled to.
The holders (community) will vote (weighted) on where they want the project to go. Neither you nor Ton are currently in the position to make this call.
the community or the investors? weighted according the amount of NVO tokens in the wallets right now or the amount of BTC invested during the ICO?
Holders (which is what the community consists of), not investors. To prevent people from receiving double refunds in cases where, e.g., you invested, then sold everything and now want a refund, this would go based on current NVST holdings.

Note that this was a suggestion by some community member. All options considered, it seems to be the best one.


Refunds should only be sent back in the exact denomination they were sent in to the same address they were sent from.The matching amount of NVST that was given at that time for those funds should also be sent back to the developers

Anyone who sold their NVST loses the amount calculated off the original base cost unless they can replace them to be sent back to the so called developers.

Calculating refunds only based on NVST holdings is fraudulent and allows anyone to buy NVST and enter the refund pool.It also allows developers who have already misappropriated funds and bought NVST to enter the refund pool escalating the fraud.



this cannot happen because people used exchanges and not actual wallets

Actually I think people were told not to send from an exchange address and only addresses they held private keys to so yes people should be refunded back to the original address they held the private to otherwise any refund is open to manipulation and potential fraud issues.They should at least be able to confirm this address with a signed message.Any other way would not work without compromising the integrity of the refund process.

Anyone who sent from an exchange or other 3rd party platform they did not have the private key to will have to be accomodated some other way or another possibly with their NVST balance but holders of keys to addresses they send funds to escrows with should only be refunded back to their addresses.