yep, pretty sure 5 % share went to developers involved who basically put in 1 bitcoin and recieved 50 million coins,
Everyone was free to deposit 1 BTC. Rules were the same for everyone. (even though there is no evidence BXNext put 1 BTC).
who then decided to arubtly close off the auction
whereas only 2 % is going to developers, and the rest has been distributed
The IPO was open for 2 fucking month -- a lot longer than Nem IPO.
Yep, BC next writes the code, and decides not to put in 1 + (5%) bitcoin in his creation, after making a claim that he would eat his hat if the coins wasn;t worth alot of money within 6 months
how do we know that he doesn;t own 30 % +?
we don't
this is at least transparent