Quote from: zaph3t on September 04, 2015, 02:00:49 PM

Quote from: stoner19 on September 04, 2015, 01:48:52 PM

Quote from: yak on September 04, 2015, 12:54:22 PM

Quote from: andrepierre on September 04, 2015, 11:26:22 AM

Quote from: oldkolobok on September 04, 2015, 10:20:19 AM

What a joke. The dev allready said that if the ICO requirements are not met the ICO will be considered as failed.

Very true but sometimes devs change their minds, happened a few times.

So confirmation will be good.

the ico considered failed doesn't mean the project is over... with bittrex they have a contract that has to be followed (or else what is the point of having a contract in the first place) and that contract states that if the 800btc min is not reached the cfc (ico) will be considered failed and a buy wall will be set up for people to get their btc back.... since this is a contract that is in place it wouldn't be fair or right to change those terms while it is running (imagine you put in a lot of money into something like this and then someone said oh, we decided that the terms of the contract now state we get a 50% premine and also the cfc is not lasting 2 weeks its lasting 5 months)

its been stated many times here and many times in the r3d slack and many times on irc that they aren't abandoning the project if the cfc (ico) fails, and they will not just be releasing it, but rather finding other sources of funds in order to fuel the future development of the project, what that means to you or me if the cfc (ico) fails is up in the air (will we be able to buy r3d at some point? we don't know), what it means to r3d and its developers is that when they find the funding they deserve for this project the technology will likely be used for what it was meant to be at least in some form.

Correct. Until the CFC at Bittrex comes to a close (whether successfully or not) there are contractual terms that we must follow, and one of them being that this crowdfunding campaign is exclusive to Bittrex until the close of it. The CFC/ICO at Bittrex may turn out to be unsuccessful, and if that is the case then we move forward with securing funding in other ways. The R3D project will continue regardless. We've already come too far. We'll make details public about continued funding and distribution as soon as we can.

Ok so you mean current Investors will get their coins? and R3D will be launched?

Jeezus H Christ!

goldengatesgreenest.com

Posts

Merits