IOTA

[iotatoken]

That is a large sum.

Is the official position that these tokens will be now be used towards funding the foundation? Incredible that people failed to claim that much.

If the foundation does take that amount, how close are we to both the DEAL and the FOUNDATION pledges being completed?

5 million goes to the foundation, 5 million to Jinn development and the rest to immediate projects like a professional new website, a professional 2 min video explaining what IOTA is and what it is for and some other tasks.

[rtrtcrypto]

Well,

Amazing. This gets us that much closer to funding everything!

That is a large sum.

Is the official position that these tokens will be now be used towards funding the foundation? Incredible that people failed to claim that much.

If the foundation does take that amount, how close are we to both the DEAL and the FOUNDATION pledges being completed?

5 million goes to the foundation, 5 million to Jinn development and the rest to immediate projects like a professional new website, a professional 2 min video explaining what IOTA is and what it is for and some other tasks.

[50cent_rapper]

11'355'541.999999999

Thats an huge sum, i think they must be freezed for at least 1 year.

is not a good idea to add them to the foundation to soon.

If they are freezed is the same thing and if some one is in late ( for family or health problem) can reedem the IOTA. also after the deadline.

Please iotatoken think about that

In the terms everyone agreed to when participating in the crowdsale they had 90 days to collect. We set this limit because 3 months is more than enough for anyone with a genuine interest in IOTA to claim them. We gave an extension of 1 week for a couple of late claimers. If someone has not shown an iota of interest in IOTA for 3 months straight, they frankly don't deserve it or need it.

The iotas are going towards the project, no freeze.

Yeap, there were TERMS OF CROWDSALE, it was clearly stated that IOTAs need to be claimed in 90 days, and in fact IOTA team give addition 1 week for latecomers. If people do not want their iotas - someone other do 

[lordoliver]

11'355'541.999999999

Thats an huge sum, i think they must be freezed for at least 1 year.

is not a good idea to add them to the foundation to soon.

If they are freezed is the same thing and if some one is in late ( for family or health problem) can reedem the IOTA. also after the deadline.

Please iotatoken think about that

In the terms everyone agreed to when participating in the crowdsale they had 90 days to collect. We set this limit because 3 months is more than enough for anyone with a genuine interest in IOTA to claim them. We gave an extension of 1 week for a couple of late claimers. If someone has not shown an iota of interest in IOTA for 3 months straight, they frankly don't deserve it or need it.

The iotas are going towards the project, no freeze.

Yeap, there were TERMS OF CROWDSALE, it was clearly stated that IOTAs need to be claimed in 90 days, and in fact IOTA team give addition 1 week for latecomers. If people do not want their iotas - someone other do 

Hehe you can do that, but be prepared for the troll shitstorm after the people realize it

[djnocide]

11'355'541.999999999

Thats an huge sum, i think they must be freezed for at least 1 year.

is not a good idea to add them to the foundation to soon.

If they are freezed is the same thing and if some one is in late ( for family or health problem) can reedem the IOTA. also after the deadline.

Please iotatoken think about that

In the terms everyone agreed to when participating in the crowdsale they had 90 days to collect. We set this limit because 3 months is more than enough for anyone with a genuine interest in IOTA to claim them. We gave an extension of 1 week for a couple of late claimers. If someone has not shown an iota of interest in IOTA for 3 months straight, they frankly don't deserve it or need it.

The iotas are going towards the project, no freeze.

Yeap, there were TERMS OF CROWDSALE, it was clearly stated that IOTAs need to be claimed in 90 days, and in fact IOTA team give addition 1 week for latecomers. If people do not want their iotas - someone other do 

Hehe you can do that, but be prepared for the troll shitstorm after the people realize it

Cryptohunter will jump on the occasion

[MsCollec]

Is there any spreadsheet for claimed/unclaimed iota - bitcoin address.
Thanks

[oldisoft]

That is a large sum.

Is the official position that these tokens will be now be used towards funding the foundation? Incredible that people failed to claim that much.

If the foundation does take that amount, how close are we to both the DEAL and the FOUNDATION pledges being completed?

5 million goes to the foundation, 5 million to Jinn development and the rest to immediate projects like a professional new website, a professional 2 min video explaining what IOTA is and what it is for and some other tasks.

I love Your decision! This is really wise!

Why not to do writing here: https://docs.google.com/spreadsheets/d/17d2k_0Xgy2SSFx6NWx2xyrgF9pFcs_Mr-GgVg5Uvzjw/edit?ts=56eac2b7#gid=0

[kennyP]

That is a large sum.

Is the official position that these tokens will be now be used towards funding the foundation? Incredible that people failed to claim that much.

If the foundation does take that amount, how close are we to both the DEAL and the FOUNDATION pledges being completed?

5 million goes to the foundation, 5 million to Jinn development and the rest to immediate projects like a professional new website, a professional 2 min video explaining what IOTA is and what it is for and some other tasks.

I appreciate the need, but I'm still conflicted with this decision. It's possible for someone to be unable to follow iOta for many months and still have a valid reason. What about extending the time period but reducing the amount;

4 months 90%
5 months 80%
6 months 70%
7 months 60%
8 months 50%
9 months 40%
10 months 30%
11 months 20%
12 months 10%

what would bitcoin jesus do?

[windjc]

That is a large sum.

Is the official position that these tokens will be now be used towards funding the foundation? Incredible that people failed to claim that much.

If the foundation does take that amount, how close are we to both the DEAL and the FOUNDATION pledges being completed?

5 million goes to the foundation, 5 million to Jinn development and the rest to immediate projects like a professional new website, a professional 2 min video explaining what IOTA is and what it is for and some other tasks.

I appreciate the need, but I'm still conflicted with this decision. It's possible for someone to be unable to follow iOta for many months and still have a valid reason. What about extending the time period but reducing the amount;

4 months 90%
5 months 80%
6 months 70%
7 months 60%
8 months 50%
9 months 40%
10 months 30%
11 months 20%
12 months 10%

what would bitcoin jesus do?

My feeling is simple. There were terms and conditions. In a decentralized community there needs to be accountability. I like the no tolerance rules. I think its the right thing to do. We shouldn't be assholes, but there must be consequences. And accountability from top down.

[Come-from-Beyond]

@jokumat, paraphrase your post without insults, please.

[Come-from-Beyond]

Is there any spreadsheet for claimed/unclaimed iota - bitcoin address.
Thanks

You can use the list below to check if your BTC address claimed the iotas:

Code:

6765916	1NADsB54Z6DWyNygGrQ7AtBWpwY4EEjbc9							
1289882	163Fq4sQF3nTmBwARs1eamZwhRqUEsxBef	1QCdWotdsYAR1CqvYcsHubvMBpTKPKDegV						
589233	1EEqjBi4UDhngpM1Ytq3RrYptTBe6WFXHD	1EpR9UW93K9SKK5CMZUsHSaz24grm62hyZ	1EtAqx7RsPRuB5zsBGoz4vRP4vmWTmr4ZM	1GU7iQCRB5sM844swCtGA2mh2mVJ273ev9	1GxB4wUvDg53KjCppMWZJtfQc6rVTMH6VP	1HkJJW9C1gcU4tpbsxGsEwytReq839FZpn	1JNxCxg8DnB5WVihBUGRgJopGvg7U679xJ	
429961	12nuAvcrWgZgsT5owgxYWWnMgVsequhSGE	1CT15bbQASkRQLk3hszzvLLrvAcwdFV4sd						
429961	1JmiufrozgFs6kPZs2iyqmJQHMCpwdK6ME							
401920	16yvhZiVx1twEa9z3ph9g7JfmufmHcQG8u	17pv1GQELSEpQdH6Sm62Wp6SYBB7yzFpdn						
314058	1JFZuenikyGVjdHUYLq6CxSKsvB8G742mL							
257976	18YNMkMm6xdMBWE3cR3uU9pX3KFdcc2FZx							
160768	19dqZ8PrCSQ8xGukdrX42UGu6J2E7H9zH3	1ERVnXYmX5tCqYkMkzUWDAskXA6sHwfGiz						
97128	17AonFadoaNZgeXf7QMcqLHnGEionNtvNE	1837XEVEdzyEP8GSuepzcwBKygp1N9hiDN						
85992	115nvN618RTZ3BQv8jujgCAZV2vQvs5XqH							
85907	125EJ3HYXNZ8swr2UBcvKNBV2voAYACFu9							
80384	1ABcMwDwLrFrDvY6gpNGMaMGTiCAYLNcM5	1GaW9WdcTkWEfSczUcH8nECxp3qkrGknqq						
63698	127LxQ7Hy7STRXdTkhHzisZL8HkjwhtS4e	1JQHqsjoNrBQFicvMDFcsZbTbjdWad5Nf5	1LUJ7oFWumio6QbaCWR6utrzsDAEqsWAGb	1MPr3Z2GPFWxVhTmCtQisdBsVYEeZZ19dV	1MW3Q6zEEnHSR1wxo92VMYWZ1RFWbMz7io			
58475	12gz7fMXWxqzsK7ym3SyexSiS4pFD1Bmiw							
47587	1BRwfZeh9V7WF5FVDggWSweDhzaePSy8bW							
46667	163bZj8LKcxY2PqjsbFpbXRTi6NiXTDCLX							
44865	16oPoWWAPxAApNprgR6nWWZcHT4vW9wZUs							
20077	114mHgyGbLyL9c2RYvpsnahLmzqaywp4Ry	14rcfujBJtkZnZutEjaVUqnA41E5M7Y39L	16PgQhhxK9Kwu7wjFdoFCiawd5PwtRVaVK	16itYoutFeXASct6k5rUvJNj2bF73tDbkt	18AHdJiAZAffqBrFw9FTj9xD1FhLoNXM8g	1Gp6Vhw3d37u79sDAMkYMaxvjC6Rg7cGsF	1LJ5A6xPrY6AbAN2vFvj5kFKcDdDR8xPAv	1LYkz1jRLy38gGk6rF1WbgNpbrZvDAPo11
11760	1PEzqKyfySg9UM9egX4FXmpD5UWaNhp8m7	1qTrpJzRAhxN2ENj4SNf2CtCTXUtUyyhb						
8599	12x6zwwrtq9mpGZhKW6JvrxNXgVrBY9fim	157zytfqxmpkNMP3cWh12s2f268tC3bV9e	1BGWgn26apTR2MCCZTLWSUBJmE2CHDVzXe					
8599	1AtE9V4WYckjBibxkqJV3W4vnkKNp9Ma4q							
8038	1KSbHTdghXkpi9cS7QF5AsTr3dFyMyZt8Q							
7636	3DjXYiSLNUUUJkvG6hfDawZdryhjtPAZYc	3KeDYdZvmBaqdwaGgmXkeyKWePkq3vY46x						
5234	1239BJSf5qmcAoPHMqf4PmkXT3RXfxwwAj	12SiJiJfMJFhPFxVmw46YW87krusmnrhPs	15Kp4onMpMjfn47w3bZ98eHY3prdGu879p	17sfbz8mdq3bSVc6C9Ds8cU8r2yg7BzjFp	1Kk8sQ3yYidadrbP4mof7hEyrEZBTPzQWB	1Na2BdsHs517r8Pz9cCkP7kR9GwvDiRdHi	1MPViyx2bich1XXGffMxGBybhSgt6tx4im	
4755	19jBoXYEEWjJWM5aV4ZhuwGpB688q4aG2o							
1496	18SPiSEnBvMVSFFjuenXodiVG9BzFsA6Wz	1JxFCuPALZAVsTwro5Em5MHSA8deLQk6n4						

[kennyP]

That is a large sum.

Is the official position that these tokens will be now be used towards funding the foundation? Incredible that people failed to claim that much.

If the foundation does take that amount, how close are we to both the DEAL and the FOUNDATION pledges being completed?

5 million goes to the foundation, 5 million to Jinn development and the rest to immediate projects like a professional new website, a professional 2 min video explaining what IOTA is and what it is for and some other tasks.

I appreciate the need, but I'm still conflicted with this decision. It's possible for someone to be unable to follow iOta for many months and still have a valid reason. What about extending the time period but reducing the amount;

4 months 90%
5 months 80%
6 months 70%
7 months 60%
8 months 50%
9 months 40%
10 months 30%
11 months 20%
12 months 10%

what would bitcoin jesus do?

My feeling is simple. There were terms and conditions. In a decentralized community there needs to be accountability. I like the no tolerance rules. I think its the right thing to do. We shouldn't be assholes, but there must be consequences. And accountability from top down.

Terms & conditions can mask morality, and that's how banks treat people, hiding behind fine print to rip people off http://www.abc.net.au/news/2016-03-05/comminsure-denying-heart-attack-claims/7218818

I like tolerance myself, and respect for others property. We should make it our goal to find these people, or wait for them.

[Come-from-Beyond]

Terms & conditions can mask morality, and that's how banks treat people, hiding behind fine print to rip people off http://www.abc.net.au/news/2016-03-05/comminsure-denying-heart-attack-claims/7218818

I like tolerance myself, and respect for others property. We should make it our goal to find these people, or wait for them.

This will create a precedence and we will end giving all our money away to the poor... And I like it! I suggest to create a fund filled with community member iotas that will be frozen until those people ask for their unclaimed share. The iotas from Unclaimed Iotas Fund still should be spent as written upthread. They were sold by a company - an entity that is not expected to show signs of philanthropy, an entity that ought to blindly follow the terms of the sale.

[kennyP]

Terms & conditions can mask morality, and that's how banks treat people, hiding behind fine print to rip people off http://www.abc.net.au/news/2016-03-05/comminsure-denying-heart-attack-claims/7218818

I like tolerance myself, and respect for others property. We should make it our goal to find these people, or wait for them.

This will create a precedence and we will end giving all our money away to the poor... And I like it! I suggest to create a fund filled with community member iotas that will be frozen until those people ask for their unclaimed share. The iotas from Unclaimed Iotas Fund still should be spent as written upthread. They were sold by a company - an entity that is not expected to show signs of philanthropy, an entity that ought to blindly follow the terms of the sale.

I disagree, this not about 'poor' people, it's about people who might have a good valid reason for not following IOTA. If it's a ticket on a plane and you're late the plane has to fly, so you lost your money, but in this case why do the people running this 'company' not wait longer? Is there a good reason why these funds can't be frozen? A plane has to leave, but coins can sit in cold storage forever

I know a guy who had a stroke at 46. One day he's got a normal life, the next day he's in hospital and can't move or talk for months. 3 years later he starts opening mail from 2012. You wanna take money from a guy like that? Be careful IOTA, don't create bad blood!!

[windjc]

Terms & conditions can mask morality, and that's how banks treat people, hiding behind fine print to rip people off http://www.abc.net.au/news/2016-03-05/comminsure-denying-heart-attack-claims/7218818

I like tolerance myself, and respect for others property. We should make it our goal to find these people, or wait for them.

This will create a precedence and we will end giving all our money away to the poor... And I like it! I suggest to create a fund filled with community member iotas that will be frozen until those people ask for their unclaimed share. The iotas from Unclaimed Iotas Fund still should be spent as written upthread. They were sold by a company - an entity that is not expected to show signs of philanthropy, an entity that ought to blindly follow the terms of the sale.

I disagree, this not about 'poor' people, it's about people who might have a good valid reason for not following IOTA. If it's a ticket on a plane and you're late the plane has to fly, so you lost your money, but in this case why do the people running this 'company' not wait longer? Is there a good reason why these funds can't be frozen? A plane has to leave, but coins can sit in cold storage forever

I know a guy who had a stroke at 46. One day he's got a normal life, the next day he's in hospital and can't move or talk for months. 3 years later he starts opening mail from 2012. You wanna take money from a guy like that? Be careful IOTA, don't create bad blood!!

I agree with CFB. If you want to start a fund to repay these people then do so. But saying that is was hidden in fine print is a lie and saying its property when it is not - because its unclaimed - is just distorting the truth.  Life isn't fair. We should not try to make it fair. We should only try to make it better.

[Come-from-Beyond]

I disagree, this not about 'poor' people, it's about people who might have a good valid reason for not following IOTA. If it's a ticket on a plane and you're late the plane has to fly, so you lost your money, but in this case why do the people running this 'company' not wait longer? Is there a good reason why these funds can't be frozen? A plane has to leave, but coins can sit in cold storage forever

I know a guy who had a stroke at 46. One day he's got a normal life, the next day he's in hospital and can't move or talk for months. 3 years later he starts opening mail from 2012. You wanna take money from a guy like that? Be careful IOTA, don't create bad blood!!

I'll repeat bullet points:

Companies ought to do business.
People ought to help other people.
Those who want to help ones who haven't claimed their iotas (for whatever reason) ought to create a special fund and put their personal iotas there, otherwise it will look as hypocrisy.

[kennyP]

do what you want CfB, it's your 'company', let history judge, I might be wrong, maybe crypto investors don't care about these things.

I have no obligation to IOTA investors, but I will feel sorry for the ones who have their money confiscated

[Come-from-Beyond]

do what you want CfB, it's your 'company', let history judge, I might be wrong, maybe crypto investors don't care about these things.

I have no obligation to IOTA investors, but I will feel sorry for the ones who have their money confiscated

I don't decide what the company will do, it was just my suggestion. For profit companies should do their main business, not charity.

PS: "Confiscated" is a wrong word here.

[oldisoft]

Terms & conditions can mask morality, and that's how banks treat people, hiding behind fine print to rip people off http://www.abc.net.au/news/2016-03-05/comminsure-denying-heart-attack-claims/7218818

I like tolerance myself, and respect for others property. We should make it our goal to find these people, or wait for them.

This will create a precedence and we will end giving all our money away to the poor... And I like it! I suggest to create a fund filled with community member iotas that will be frozen until those people ask for their unclaimed share. The iotas from Unclaimed Iotas Fund still should be spent as written upthread. They were sold by a company - an entity that is not expected to show signs of philanthropy, an entity that ought to blindly follow the terms of the sale.

I disagree, this not about 'poor' people, it's about people who might have a good valid reason for not following IOTA. If it's a ticket on a plane and you're late the plane has to fly, so you lost your money, but in this case why do the people running this 'company' not wait longer? Is there a good reason why these funds can't be frozen? A plane has to leave, but coins can sit in cold storage forever

I know a guy who had a stroke at 46. One day he's got a normal life, the next day he's in hospital and can't move or talk for months. 3 years later he starts opening mail from 2012. You wanna take money from a guy like that? Be careful IOTA, don't create bad blood!!

If it will be improving of Really Bad situation where he was for many years and cannot claim his Iotas and improving of BTC address, why not to help him?

[kennyP]

do what you want CfB, it's your 'company', let history judge, I might be wrong, maybe crypto investors don't care about these things.

I have no obligation to IOTA investors, but I will feel sorry for the ones who have their money confiscated

I don't decide what the company will do, it was just my suggestion. For profit companies should do their main business, not charity.

PS: "Confiscated" is a wrong word here.

Yes, you had terms & conditions, so it's nothing ethically based, you're just doing what you said you would ... I understand the logic

I disagree though, companies should be held accountable for more than just doing business and making investors money. They don't have to be charitable, but they should act fair and reasonable. Let's see who turns up in the future with what explanations for not claiming their IOTA. It is possible some will have provable justification for not claiming, and you will regret this decision personally as a human being, and business wise for the bad PR smell it might create. The unclaimed IOTA is a temptation, and the terms & conditions 'cover' you, so you can do what you planned.