This is a major change to the conditions. I don't know that I would invest if they were such originally.
The change in terms appear (to me) to be heavily to the advantage of SuperNET and its token holders. Payouts would only occur to jl777 if the asset price performed strongly, rewarding all. What are your objections?
Because in effect, a vast amount of money coming in from this fundraiser will go to fund assets that James both holds and controls. The assets he plans to buy increase in price due to the SuperNET effect (as they already have) and James gets to sell his shares in them, at the increased price level, for BTC.
Having the money in escrow is nice and all, but putting $1m in James' pocket right away sounds ridiculous.
Am I missing something?