Certainly an innovative and interesting project. I’ve read a bit about it here, on reddit and the official webpage (including whitepaper). Nowhere did I see, though, an explanation for these points:
-What exactly funds will be used for? There must be a plan I assume, on a more serious level after “30 kbtc should do it for us folks, right?” Why do you need funds at all?
- What are the achievements of those respective sounding gentlemen in the “Who is behind” section? Why exactly should anyone investing their btc? Vitalik, what achievements do you put into your “resume”?
- What is the project timeline? What are the goals? “Valve time” is not going to cut it here.
- Investors commit their btc, what investments each of those listed in the “behind” paragraph are committing apart from promises that are not an ethereum contract as of yet?
I hope these do sound as fair questions and are not too harsh. Looking forward for a honest answer.