Quote from: Guffy on August 13, 2018, 11:29:04 PM

Quote from: meterse on August 13, 2018, 11:25:09 PM

Quote from: Guffy on August 13, 2018, 11:21:51 PM

Quote from: meterse on August 13, 2018, 11:15:13 PM

Quote from: Guffy on August 12, 2018, 09:42:50 AM

When the marketing team will start selling the 110k Gbytes allocated to them?

110K has not been allocated to the marketing team. if it had it wouldnt not consist of about 3 people.......

FUD

Quote

Reserving ~110,433 GB for the Foundation still leaves about 22% of the total supply on the table. To make sure that we wont sit back and enjoy our monthly dose of GBYTE turned into USD or EUR we also want to reserve 50% of the total 36 month payroll budget for a long term Motivation Plan for team members and advisors. https://medium.com/byteball/the-future-of-byteball-the-byteball-foundation-cca9d495bf46

nowhere does it saying 110k for marketing. Further it would be sold over a period of years. This stuff is so obvious it makes me question the intelligence of people here

Are there reports on how the funds are used?

they have not been used. the Medium post was a proposal to use a proportion of funds like this, but its still in the proposal phase.

When its known how they will be used for sure there will be details but currently its not known.

Further its not like all the funds will be sold at one go. As for price amounts its depends on the USD price in the future, nobody can predict the future, especially not in crypto, so many factors influence

We will be doing future distrubtions similar to Steem which will have a much bigger impact on the release of funds than anything the team does slownly over time