so 50% of the coin is a IPO? Really? there will be some serious bag holders and a stagnant market. Do it right make it fair. 10% block cut plus 50% ipo? Not gonna cut it.
Once we get all of the information updated and the website online, we will take all feedback into consideration and possibly make adjustments to the distribution/etc before opening the IPO. Obviously, without support and trust, this project will not succeed - we understand that. We believe most concerns will be minimized once the Grift Foundation is explained in detail, escrow services are in place, and established members of this community are elected to the board. However, our primary concern is establishing a successful cryptocurrency, business, and charitable foundation all while ensuring a profit for investors. Based on the information available right now, an informed decision cannot be made. Clearly we understand this which is why we will not open the IPO until all information has been made public. We do have intellectual property that will need to be protected and some other unique ideas that could easily be copied in a short period of time. All information will be released within the week and password-protected source and binaries will be posted shortly thereafter; passwords and GitHub source will be released simultaneously with the beginning of the PoW phase.
As it's easy for important information to be missed when skimming through these FUD-filled Pre-Announcement threads, I will add this response to the OP as well until we have it updated. It's important to us that everybody understands our mission.