I learned about Iota's manual claims issue about two months after finding the Iota project and committing to holding long term. I have invested a significant amount of fiat into Iota and believe that what is being 'offered' is a solution to a problem that will only become more complicated as we navigate the internet of things. However, as mentioned above, I discovered some information about Iota's manual claimants that seems pretty concerning. If you aren't aware of iota's manual claim problem, I would consider you making up your own mind as I am attempting to, now.
The reason I say that my mind isn't made up is because I prefer to see all of the evidence because I pass judgement on a particular investment or issue. For an overview of what is happening with the manual claimants visit:
https://bitcointalk.org/index.php?topic=2000113.0When I discovered that unofficial claims topic and read through the thread, I noticed that the original crowd sale of Iota included two foundation documents called, TOS.pdf and Risk.pdf. These two documents were linked as follows:
http://188.138.57.93/tos.pdf and
http://188.138.57.93/risk.pdf. Unfortunately, these links are now dead and the documents are unavailable.
From this forum, as well as information provided by the iota devs, there appears to be over 300Ti unclaimed or unpaid to individuals. This effectively, as I understand it, means that there is significant percentage of the entire coin's market cap that hasn't received their coins and is likely less than happy.
To ensure that I understood what the issues were and as part of my own due diligence I have requested copies of TOS.pdf and Risk.pdf from the devs on numerous occasions, offered a small reward to anyone on IOTA's slack channel for a copy of the docs (I was immediately banned after being question by Dom), and searched the internet high and low for the docs.
Unfortunately, when I do speak to a dev, they say that I don't need to see it since I am not a manual claimant. I'll agree that I am not, but what is there to hide? Iota's devs preach that iota is about a community, building something bigger, working cooperatively, being transparent but when you ask for a simple set of documents you get immediately banned from the slack and get called names by the "professionals at iota." As such, if I was seeking 'FUD material' what could be in those document that were publicly released that would amount to FUD. Frankly, i'm more concerned by how the devs have treated this simple request for information (not to mention the claimants -- see the topic and David's attitude towards users) than I am about the missing documents. I understand that documents get moved and servers change, but what's there to hide?
I will say that Come-From-Beyond has been polite, instructive, and expressed some frustration about the lack of administrative organization. Effectively, he has told me to continue to send email requests to David and Dom in hopes they entertain my request. However, how many months should someone wait to see a document that is clearly part of the Terms of Sale?
Finally, I am not here to bitch and moan, I simply want to see the darn documents. Moreover, don't you want to see what the fuss is all about?
If you have the files please email them to
iotaclaims@gmail.com.
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