I am here...i thinks the best is offer to refund to anyone (second phase) who want to exit and release, under certains circumstances, the funds.
Since the escrow not want to go slack, i'll copy here some comments:
bitcurious [6:32 AM]
01) Release a "beta" wallet 02) Distribute XPO in accordance with the BTC you have access to and put the XPO related to escrow funds on hold until you actually get the funds since this has influence on the total distribution- if you don't receive the funds burn the XPO. 03) Show some action and code on github repository. 04) Launch a beta version. 05) Try to get XPO listed on one or more exchanges. | You should be able to realize this without any funds currently waiting in escrow. (edited)
[6:37]
+ Pay signature campaign bonuses from the funds you have and get it over with, consider voting on changing the purpose of the 9% XPO reserved for PoW and instead use it as a means to fund yourself if possible.
opair [7:15 AM]
bitcurious your proposal is interesting but the point 2) makes no sense, wa cant distribute some xpo to investors and hold the other part. And yes we can start to work with the funds of the first phase, we never said otherwise. The problem is that as you will see the willingness of SebastianJu is not release the funds and not accept any of our plans. Whereupon we can not distribute all the XPO or putting together a work plan assuming that we have all the funds, and then two weeks he refunds all funds. There is a problem of mistrust. So I think it is best at this time is that SebastianJu offer a period of time so that users can request a refund.
For a couple of days we can hear from investors here and during the weekend I will ask SebastianJu to make a decision.
bitcurious [7:17 AM]
I that case you can't distribute anything
opair [7:18 AM]
Yes, we can start the distribution when we made an agreement with sebastianJu
but that is not the case yet.
bitcurious [7:20 AM]
- Yah.. I thought my plan would allow you to move forward with distribution . Just don't send the escrow related XPO to the wallets.
Then if there are refunds you burn the XPO related to those funds
opair [7:22 AM]
So, only distribute 35%?..its unfair for the other investors
bitcurious [7:23 AM]
It only matter when you will get listed on an exchange
opair [7:23 AM]
you, with your money and the wallet, could start mining or sell, etc
bitcurious [7:24 AM]
Where am I gonna mine, there is nothing
Where should I send the XPO I sell over the counter?
opair [7:27 AM]
if we release the wallet, you could start to mining (we offer a pow phase as you know), and between the initial distribution to the 35% and after sebastianju release the funds could happen a month or more...in this time the coin could be added to an exchange. Again, its unfair.
bitcurious [7:30 AM]
Who ever said the world is a fair place.. Then just do whatever you had planned.
opair [7:31 AM]
I am trying to launch as fair as possible...so first we need to reach an agreement with sebastianju, we dont have another option
bitcurious [7:32 AM]
So if I understand correct the discussion is not about escrow rules but about the choice // refund or no-refund. I you choose no-refund people agree ALL funds will be released.
opair [7:33 AM]
No...the discussion is about to reach an agreement of the conditions to release the remaining funds.
bitcurious [7:33 AM]
You'll be discussing till the end of time
opair [7:34 AM]
We offer a few plans and he decline all of them, so now we said him: You decided what will be the plan but we need a solution as soon as possible.
I know, so we said him that offer a plenty of time to refund users and after that (when only the users who trust in us are onboard) release the funds after 7 days we release the wallet but he also has doubts about this plan, and made public the whole conversation.
bitcurious [7:39 AM]
I read that yes. Like I said that it will be a never ending story. You say you need funds to realize non-existing milestones and SJ wants to see milestones before giving you the funds.. hmmmm.. problem
opair [7:40 AM]
So, the best option is offer a refund who want exit and release the remaining, no?
everyone can choose
bitcurious [7:40 AM]
I am fine with that..
Another option if the investors make the decision, so we can have a vote after verify with SJ our investment, but base the votes based on contribution to the ICO.
So somebody who invested 2 btc would get 2 votes compared to one vote for somebody who invested 1 BTC.
And as XbladeX said (and a lot of users on slack), the devs could change the rules (if EVERYONE its ok with that) and take the 9% pow phase as premine to have more funds.
Good health to Opair!