Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
Revelation
on 16/11/2014, 07:49:10 UTC
Evening everyone

I'm off to bed, but for those who've been complaining about the apparent lack of development (and perhaps dumping), I'll offer the following:

Bear in mind that funds absolutely must be transparently spent.

Before funds can be spent, we need a budget, a timeline with milestones at which funds can be released, and a board to vote on spending.

It doesn't take a lot of imagination to guess that this takes a fair bit of work and negotiation to set up - not to mention finding/creating technologies for administrating the process.

For the most part, this is what we've been busy with, and we're excited to show you the results.

Stay tuned for details in the coming week.

(And try not to get duped by trolls.)


Cheers


Arlyn



When you were planning development budget of 850 BTC, bitcoin price was lower. On top of that, you have collected more than what you need to develop the BlockNet. Therefore, you should have excess funds that you could use for the buyback and support the price. Why don't you spend 100 BTC or so on the buyback?