Quote from: iGoodw1n on July 01, 2014, 09:23:44 AM

Quote from: amanai99 on July 01, 2014, 08:57:12 AM

Quote from: iGoodw1n on July 01, 2014, 08:31:30 AM

Quote from: crypti on July 01, 2014, 08:25:20 AM

Quote from: iGoodw1n on July 01, 2014, 08:19:18 AM

For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.

1. We will not get btc for previous work.
2. All btc for future development.
3. Btc will be store on our btc account, all payments will be described (reports every month).

I think if you will raise 500 btc in IPO, 5-7% will be enough for dev team. 400 btc is great amount for future development.

So maybe you could work for me for several months just for 625$ per month? If you think 5% for 8 people is ok? 500btc*5%/8*(~600$)/(~3or4 months or maybe even more)=625$
I don't think that devs made this all just for 625$. I'm sure they have big plans to bring this coin on the top.

They will work for BTC that will be raised thorough IPO. 5-7% of coins is kind of bonus for salary.

Now it's clear. Thnx.