Bounty participants received only 1% of all tokens, not 5%.
When I log in, my tokens are there indeed. But what good does that do me without buy backs?
I hold about $700 worth of tokens. I didn't sell them earlier as it was supposed to be a hedge against Bitcoin price drops, given their stable dollar value.
Please tell me how I can sell them at the advertised dollar value.
I strongly suspect Dean is actually insolvent. The supposed reason he wanted me to buy a large quantity of BKB him, was so that he could increase his long exposure to btc price, and that was just before the price crashed even more. When ever I asked him about using any sort of escrow structures or proving his funds, he would come up with bizarre (and sometimes contradictory) excuses.
Fast forward a few days, and he was willing to trash his reputation to screw Dan on a 2 BTC license fee (even after having raised millions of dollars for supposed costs). Tries to raise more money with a half-baked ICO. Then he goes on to screw investors with the buy-back cancelation, and now players with the prize cancellation.
This is the most plausible theory I've read.