Jason,

Do you have a date for which donations will be closed?

Thanks

A year ago, while siacoin was sub .01 cents, I discovered siacoin and was immediately fascinated by it.

Siacoin is legit. It is as good as any project in the crypto-space right now. It's one of the few crypto projects with an actual working product. The lead developer is a smart man with a long-term perspective. He is not in it to make siacoin pump and dump. Hes in it to build a sustainable ecosystem where decentralized storage competes with huge cloud storage companies. How do we know this? Because him and his team are hodlers of "SiaFunds". Siafunds are tokens that give approximately 3.9% of each transaction on the sia blockchain to siafund hodlers (paid out in siacoin). Therefore, him and his team are financially incentivized to grow the project as much as possible - unlike other alts where the only incentive is to increase the price of the coin ( This model gives developers no financial incentive to constantly continue development. If his/her coin pumps, they can sell for millions and leave the crypto space and call the endeavor a success. ).

The Sia team does not hodl a large amount of Siacoin, they hodl a large amount of Siafunds instead.

Siacoin is based on old, proven technology (PoW). We will see if this is the correct decision in the future.

If bitcoin continues to rise above 20,000, I see siacoin above 20 cents easily by the end of 2018, Likely over 30 cents due to hype and potential partnerships. If bitcoin falls, all alts will fall with it in 2018 including Sia, as it will not be ready for adoption and thus large companies will not be buying siacoin in order to use the sia network. This could change in 2019, and beyond. It is possible that even though Sia is largely tied to the price of bitcoin (I.e, alts are traded in bitcoin pairs), that due to increasing usage by companies for storage needs, that the Siacoin price can become less independent on the sentiment of bitcoin.