Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
I have asked CoinGateway to give an account of the BLOCK sale.
When I receive a response I'll report back here.
Sorry Arlyn Who is holding all the ALts right know from coin gateway and who is the Escrow that will guarantee all transactions and that they will give you the Fair amount of them.
Thank you.