Post
Topic
Board Announcements (Altcoins)
Re: BiblePay 🕇 Sanctuary Governance 🕇 CPU only 🕇 Help cure disease 🕇 10% Charity
by
616westwarmoth
on 10/09/2018, 02:00:08 UTC
There is a saying, trust...but verify.  One of the four blocks for coin success (in my book) is trust, and the Compassion bills go a long way to proving our funds go where they should, more could be done.

I trust the dev, I also feel that a block chain report showing when coins were sold and for how much would be a good addition to the charity proposals.  If coins were pre-sold and then the actual coins from the budget replaced them, it should be fairly easy to show in the block chain which again, would intensify the trust in the project.

I'd also propose funds be sold daily for 20 days after the superblock, 5% per day at market rates.  And I'd like to see the Foundation handling this process rather than it falling on one individuals shoulders (since the accounting could become a significant task).  And again, a block-chain report showing BBP-BTC transaction, BTC-USD transactions and the corresponding values.