Post
Topic
Board Announcements (Altcoins)
Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
by
pt7
on 03/10/2014, 19:00:56 UTC
It's official, the foundation has less then 2 more months of funding. 1400 btc as of this moment, they owe 500 btc for September's work leaving 900 btc left. I expect they will hold elections for the end of November when the coffers are empty.


Matt Y, It's actually under 20% of today's market cap.
Something does not make sense.  If 900 BTC was raised with most other cryptos in an IPO, it would be considered a highly successful IPO. That would enough for bounties for a long time.  If any elections, it seems like they should they should be held today.