The current roadmap is here: https://cosmos.network/plan

The tokens will not vest for participants in the fundraiser. They will become transferable when the network launches. So Q4.

Regarding the constitution, we'll put out information on that today.

We published a blog post yesterday about how inflation works in Cosmos. It's a topic we have been getting tons of questions about: https://cosmos.network/blog/inflation-cosmos

Regarding participating with BTC from exchanges. Yes, that's possible.

Hi Meekz,

This blog post explains in a few different scenarios how many atoms could be created: https://cosmos.network/blog/atom-supply-distribution (It depends on how much is raised.)

By the way,
Great opportunity for those who are confident that the fundraiser will not be a success!

There is a prediction market on Gnosis about whether or not Cosmos will raise more than USD $10m. Right now the probability is at 92% of exceeding the amount. So if we don't meet that target, you stand to increase the money you put in by 12.5x. Nice right?

Here is the Gnosis market:
https://admin.gnosis.pm/#/market/0xa6306d3f05f4c6bb6483ea8f6b3b6d08a49ed0a91030d54abc40040706cc1ee0/0x6ca7f214ab2ddbb9a8e1a1e2c8550e3164e9dba5/0x4b7ce84289fb599681c9bd06d469be49ce1762b8b35adaa808f4e7beef6c76f0

And instructions on how to participate: https://medium.com/@aurynmacmillan/how-to-gnosis-ed1fef085014

Hi guys,

Indeed, the fundraiser was moved to April 6 and will start at 6am PDT. The terms and fundraiser flow for both Ether and Bitcoin are on the website: https://cosmos.network/

With regards to escrow, the funds will go to a multisig that is controlled by the board of the Interchain Foundation. That currently includes Jae, Ethan (both Cosmos founders) and Guido Schmitz-Krummacher. He is a lawyer and experienced board member. (And involved in a few crypto projects.) The foundation is a Swiss non-profit and as such as a fiduciary obligation to deploy the resources to build the Cosmos Network. The board may be extended to include further people in the future.

Some people here seem skeptical that the fundraiser will be a success. Of course, that possibility can never be ruled out, but interest in our pre-funder far exceeded what we actually accepted in commitments ($1.6m). We do have a team that is very well known in the crypto/Ethereum-space and has a strong track record.

With regarding Blocknet, it's true that they say they address a subset of the issues Cosmos aims to solve. Reading through their blog, it is unclear to me what they have actually built and how it technically compares to Cosmos. And judging from how (in-)actively it is developed, there doesn't seem to be much there: https://github.com/atcsecure/blocknet/graphs/contributors

The idea that Cosmos is "nothing new" also doesn't make a lot of sense. Even bonded PoS consensus is something new that hasn't yet been done. This will have massive benefits. For those interest, I would encourage looking at the whitepaper and stopping by our Slack.

We have around 1200 members and lots of discussions. Stop by! http://forum.tendermint.com:3000/

Sure, I understand that sentiment. Technical flow, legal docs, etc are all ready, but we decided to delay a little to give people enough time to review the terms, ask questions and we will certainly also focus from our end on communicating and reaching a broader audience.

I think there is a lot of support for the project from the people most knowledgeable about blockchain and the technical intricacies of this technology. We raised around $1.6m through the pre-funding and this was massively oversubscribed. We could have raised 2x that without much difficulty. Of course, no guarantee how the main fundraiser will turn out, but at least for the pre-fundraiser the interest was very strong.

Now, it is quite true that we haven't reached as wide an audience as other projects. To some extent this has been deliberate, since being an atom holder will require a certain amount of expertise. We also want people committed over the long term and not simply people who hop between the latest ICOs 

That being said, the point is well taken and with the legal and technical sides of the fundraiser being taken care off, you will hear a lot more from us on the marketing and communication front in the next 10 days

[/quote]

The continuously changing of dates is unprofessional.
[/quote]

Yes, that's correct. There are no guarantees that we will deliver.

But just a few comments on this:
1. This is the same way the most fundraisers for blockchain projects are structured. (Including how Ethereum was structured.)
2. The team does have a strong track record of building software that works and that people actually use. Tendermint is probably the leading consensus algorithm for permissioned blockchains at this point and companies that have build applications using Tendermint include Barclays, SwissRe, Tokyo Stock Exchange, Accenture, Deloitte, PwC, Commonwealth Bank and dozens of others.
3. You do need to be okay with that risk to participate here. It's simply the reality in this nascent field that risks are very high.

Hi everyone,

We will have an announcement later today.

Here is the video of our Google Hangout with the CoinFund community: https://www.youtube.com/watch?v=TW0nB4UZ2bQ

Our attention and answers is all we have to offer 

Hi everyone,

I just wanted to let you all know about a few events that are coming up. They offer a great opportunity to ask questions and learn more about Cosmos.

1. We are doing a Google Hangout with the CoinFund community today at 3pm EDT (NY time). You can sign up for their slack group here: http://slack.coinfund.io/. The details about how to get on the hangout will be available there.

2. We are also doing a Slack AmA with the Cryptocopia community next Tuesday again at 3pm EDT. You can join their slack here https://cryptocopia.herokuapp.com/

3. We'll also do a Slack AmA with the CoinFund community (in addition to the Google hangout) next Wednesday at 3pm EDT. Again join here http://slack.coinfund.io/

Of course, tons of discussion going on in our slack in the meantime: http://forum.tendermint.com:3000/

And some resources you might find useful:
- Cosmos Whitepaper: https://cosmos.network/whitepaper
- Epicenter episode about Cosmos with Jae Kwon: https://www.youtube.com/watch?v=t885QSY0sNQ

We are still waiting for a final decision. We will make an announcement about that on Monday.


[/quote]
Hi Brian,
Will US citizen be able to invest in the ICO?
Thanks,
[/quote]

Hi guys,
Apologies that we have not been more present here. This is Brian Crain, I'm the COO of Tendermint. (And some people might also know me from Epicenter podcast.)

The fundraiser is indeed going ahead next Friday March 31. We're very excited for that. It has been pointed out that Cosmos isn't doing a great job at marketing and I'm fully aware of that.

The team we have is super developer heavy. But they are highly competent developers and with Tendermint they built something that wasn't only innovative and works, but also something that has major traction. ErisDB by Monax is built on it, Parity has integrated it as a consensus option and companies that have built PoCs based on Tendermint include SWIFT, SwissRe, Commonwealth Bank Australia, Barclays and dozens of others.

This, by the way, is also a strong argument for Cosmos. Since it is based on one of the leading consensus algorithms used for permissioned blockchains, it will make interoperability between permissioned chains and Cosmos very easy.

I'll be here regularly in the next two weeks to answer any questions. (But as was pointed out, we do have an active Slack community with over 1,000 members where quite a lot of discussion is taking place. Feel free to join that: http://forum.tendermint.com:3000/