Question:
1. Where will the coins be stored after ICO?
2. Who is managing the funds after the ICO?
3. Has every Coin the same Voting Rights for Decisions?
Thanks.
4. Moreover it would be cool to have a list of Coin Representatives (Main Dev of the Coins) so everyone could see there is POD! (I know it but other people don't maybe..)
still there.
This.
After the ITO, Blocknet tokens can initially be stored in a traditional wallet. Once the Blocknet's tech is ready, you'll be able to redeem tokens for NHZ assets instead.
Funds raised during the ITO will be stored in their respective wallets and publicly accounted for. We're also looking into escrow solutions - potentially a structured escrow that only releases funds once we reach milestones, or returns funds to investors if we do not reach a milestone.
The Blocknet Foundation will manage the funds. (The Foundation will consist of a representative from each participating coin.)
Yes I see no reason for any coin to have less rights than another.
I like the Coin Representatives idea. Nice. We should organise that.
yeah the idea with the milestones and escrow is a good idea! It will give the whole project more confidence
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tried everything
