yeah polo dropped the ball a little bit on this deal. oh well should mean less supply of coins and higher value hopefully.
Not the case at all. I negotiated the terms of the crowdsale for Poloniex. I made it abundantly clear to the Blocknet team multiple times that trade would be open on Poloniex in both the NHZ and BTC BLOCK markets. Blocknet was well aware of the arrangement.
MobyDick_Poloniex because there seems to be a breakdown as to what is being told to the community versus what is really happening would you please let us know some more things.
When you were approached to pull down the sell wall, what reasoning were you given?
Did it violate the agreement you originally had with blocknet?
How many total block's were sold on poloniex?
How much btc did it generate?
Were these funds sent to blocknet?
If so, what btc address and who was the blocknet representative that authorized this?
Thank you.
Poloniex was not asked to remove a sell wall. The developers selling Blocknet were able to deposit and place the wall at the price they chose and with the quantity of BLOCK they deposited. The removal of the sell wall was entirely up to the developers and did not violate any previously arranged terms.
The total amount of BTC and NHZ raised during the crowdsale has been tallied, and the addresses funds were withdrawn to have been noted. I have requested authorization to release these details from Dan Metcalf in an email, and will await his decision before posting them.
UPDATE:
Dan Metcalf has given approval that the following information be made public:
Regarding Blocknet sales on Poloniex:
37.5060983 BTC worth of BLOCK was sold for BTC
14.31655727 BTC worth of BLOCK was bought with BTC
23.185 BTC was the total raised on Poloniex prior to the removal of the sell wall. BTC raised was sent to
1PvuqFFhQg69KqsKQ96rwR1RDWqgXeqat8 and 1CDaN8NbNDjdbKtFdKiVh2MM9Gky6efncE
32450774.72149716 NHZ worth of BLOCK was sold for NHZ.
NHZ raised was sent to NHZ-PC95-K8VS-MEX5-7Z5K7
I am guessing these are not the multisig escrow wallets that were mentioned in the last couple of days.
These funds were pulled off of poloniex a week ago.
One has had deposits sent to it on and off since July hence potentially comingling funds from somewhere else.
One appears newer.
Both have multiple smaller amounts of btc being sent out of them to multiple different addresses.