Quote from: blackhatzw on June 25, 2014, 08:23:40 AM

Sir, you want us to invest this coin without whitepaper,code,timeline,escrow except an idea, it's too risky.

i understand this concern. but i believe it is even more risky to publish these things without a solid core of investors ready to have the coding done. it is important that pioneering technologies are kept well blanketted until release. providing information on a need to know basis is also necessary to protect committed investors from having their investment idea stolen by a 3rd party.

i admit it will require your own sense of judge of character to decide if you would like to take the risk associated with joining this project as an initial investor. my methods would also be protecting you if you do.

it is a challenge to procure this through a public arena yet to keep development private until release. but i am committed to doing everything i can to ensure that the idea is protected also so that it could not be used maliciously by someone else with no vision of how to properly employ this technology.

as you can see this project has begun offering the idea to a dev or group of devs as long as they would ensure that i am notified of all progress regarding the project so i can start mining on day one. this was a free offering which has since gathered no attention. the new moves i am making have been gathering more attention and i think serve as a testament to improvement and progress.

as i offered the previous pledge investor. escrow pledges and pledges that wish to take part in the project after the initial template is constructed and tested will be considered our backup investors. our initial investors must agree to provide the pledged funds to a btc development wallet reserved for paying the dev. after all have agreed and are pleased with the specifications and before the dev begins his work. the dev would then be paid once the coin is tested to satisfactorily meet my requirements. as additional features will be added to this template before launch, we will open up slots for new investors and choose from our backup investors group based on their position in the queue.

so yes. initial investors will be privy to much more details regarding the specifications and design. but this phase wont begin until the full investor framework is acquired. which includes the initial investor group who have agreed that i will act as an intermediary between investors and the dev for payment at least for the initial phase of construction.

feel free to pm me if there's anything you'd like to discuss further.