Hi Vod,
Thank you for your reply!
This already got the creative juices flowing this morning in terms of trust so I just wrote to one of the guys at Bitx.co (South Africa's first Bitcoin company) to find out if they might play middle man as an Escrow system to hold the Bitcoin for investors until certain milestones are reached
- Milestone 1: Complete website (about 70% complete)
- Milestone 2: Complete pitchdecks for investors (90% complete)
- Milestone 3: Repayment to BitcoinTalk investors once investors (above) are on board
Would that be a possible solution to this problem? I have the majority of the presentation together which I will share in due course. I first wanted to put the feelers out there to see how this works.
Also Vod, in terms of payment back, how do the terms for this normally work (around Bitcoin)?
Many thanks!