Post
Topic
Board Announcements (Altcoins)
Re: [Ann] Safecoin maidsafecoin
by
inBitweTrust
on 22/04/2014, 15:30:35 UTC
dirvine’s reply:

This is what we have done, it reduces the back office steps, ensures BTC backers are looked after and not squeezed out. MSC backers got in at almost equal footing as BTC (almost 50% / 50%) and we all win. The BTC goes ahead and the MSC people got in fast and made their purchase.


What makes you think it is fair to change the rules after the fact because the fundraising wasn't in accordance to your expectations?

Did you ever set a hard cap on the percentage of MSC vs BTC allowed to invest in the 10% stake beforehand or can we all safely assume that you modified the fundraising rules after the fact out of a sense of justice to those ignorant BTC investors who couldn't do the math and didn't realize they should swap their BTC for MSC beforehand?