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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3074120 times)
Bobo81
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November 01, 2016, 10:11:12 PM
 #32801

I read in Lisk chat that the team has not access to their funds? Is it correct?
souljah1h
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November 01, 2016, 10:37:53 PM
 #32802

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.

_@/'
CoconutMojito
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November 01, 2016, 10:47:37 PM
 #32803

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

cannabanana
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November 01, 2016, 10:49:22 PM
 #32804

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging
Papski
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November 01, 2016, 10:49:48 PM
 #32805

@placebo

You seriously think the people here are so stupid to follow your advice?
In two months, you write exactly the same crap in the A.. thread.
lol


No, i don't think... in fact people should do their own research before investing....

Infact you're a retard hows that Lazarus coin placebo? how about those shitcoins you kept on investing... ooohh wait that right all of them went 0
CoconutMojito
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November 01, 2016, 10:55:53 PM
 #32806

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging
Oh ok. For some reason had I thought they were using funds to hire someone(s) to get that going.

Poly#Crypto
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November 01, 2016, 11:27:25 PM
 #32807

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Funds was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.
cannabanana
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November 01, 2016, 11:28:34 PM
 #32808

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out.  I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.  

Call me a liar again if you want me to start getting nasty.
Poly#Crypto
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November 01, 2016, 11:33:33 PM
 #32809

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out.  I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.  


What? Lol  Grin

crazy kids tonight
cannabanana
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November 01, 2016, 11:35:39 PM
 #32810

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out.  I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.  


What? Lol  Grin

crazy kids tonight

call me a liar one more time, I usually keep my mouth shut on Shit but if you want, I can release a torrent of stupid shit about LISK that has happened over the past 6 months in the background.
Bladiebla
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November 01, 2016, 11:49:43 PM
 #32811

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out.  I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.  


What? Lol  Grin

crazy kids tonight

call me a liar one more time, I usually keep my mouth shut on Shit but if you want, I can release a torrent of stupid shit about LISK that has happened over the past 6 months in the background.

Gtfo you dickhead. " I will talk shit about Lisk over the past 6 months" haha just a little kiddo.

HODL
Bobo81
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November 01, 2016, 11:51:05 PM
 #32812

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Funds was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

OK thank you for your answer!
Poly#Crypto
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November 01, 2016, 11:53:11 PM
 #32813

I read in Lisk chat that the team has not access to their funds? Is it correct?
At the moment they do not have access.
What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out.  I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.  


What? Lol  Grin

crazy kids tonight

call me a liar one more time, I usually keep my mouth shut on Shit but if you want, I can release a torrent of stupid shit about LISK that has happened over the past 6 months in the background.

 
Not one more time. So far I've never spoken to you directly here in Lisk Thread because I've been ignoring you for a long time.
Is not personal against you, just against your comments.

But YES, tell us all about Lisk. It is a free world, free speech, what are you waiting for...? I am open to all opinions. The only key is: it should be the truth.

My suggestion:
You read again all the announcements and articles on the Lisk blog. Then you feel better I hope. No stress, no hate, no evil words  Wink
Vega
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November 02, 2016, 12:11:10 AM
 #32814

Based on the original ICO terms the funds can be paid out after the very first block of the Lisk mainnet was forged.

Quote
All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.
https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djab

They simply choose it not to release it funds from escrow until the best solution can be found for a corporate structure that allows for paying as little tax as possible.
cannabanana
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November 02, 2016, 12:13:16 AM
 #32815

Based on the original ICO terms the funds can be paid out after the very first block of the Lisk mainnet was forged.

Quote
All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.
https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djab

They simply choose it not to release it from escrow until the best solution can be found for a corporate structure that allows for paying as little tax as possible.

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.

it doesn't say on mainnet launch or on the first block created or after the genesis block.  It says after the first forged blocks.
Vega
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November 02, 2016, 12:16:24 AM
 #32816

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.
You are talking about community forging. There was no such requirement. Forging has been happening since the first block, every block.
But don't we have better things to do than argue about the whys and hows of lisk funds?
cannabanana
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November 02, 2016, 12:19:52 AM
 #32817

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.
You are talking about community forging. There was no such requirement. Forging has been happening since the first block, every block.
But don't we have better things to do than argue about the whys and hows of lisk funds?

?  Don't know if I agree on that explanation or definition but yeah, I'm done here.

This thread is all yours poly crypto.
YoyodyneSystems
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November 02, 2016, 12:21:20 AM
 #32818

It will be very interesting to see LISK price a month or so after forging starts and funds are released.
I have been scooping at these prices as well.

With access to literally 100x more funds than they have spent to date (100k) it will be very interesting indeed.

ps...   all Alts drop when BTC rises. Current rise phase of BTC is about to end.
pss... remember the 3000 BTC lisk whale? Only one reason he put those walls up = To scare people out. To get market share needed.

We will know soon Tongue
Poly#Crypto
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November 02, 2016, 12:25:55 AM
 #32819

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.
You are talking about community forging. There was no such requirement. Forging has been happening since the first block, every block.
But don't we have better things to do than argue about the whys and hows of lisk funds?

?  Don't know if I agree on that explanation or definition but yeah, I'm done here.

This thread is all yours poly crypto.

This is not my thread, it's the Lisk Thread.
And I haven't made the rules.


...
In terms of the ICO funds that means they have to flow directly into the company itself. I.e. we are not allowed to lay a finger on them for even one second. However, this is not a problem!
...


https://blog.lisk.io/lisk-community-meeting-summary-june-11th-50dcadd41fef#.lf413d603
Vega
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November 02, 2016, 12:38:36 AM
 #32820

Okay, one last post about this, as I don't really care, as the funds will remain in escrow until a legal solution is found no matter what.

This is not my thread, it's the Lisk Thread.
And I haven't made the rules.


...
In terms of the ICO funds that means they have to flow directly into the company itself. I.e. we are not allowed to lay a finger on them for even one second. However, this is not a problem!
...


https://blog.lisk.io/lisk-community-meeting-summary-june-11th-50dcadd41fef#.lf413d603

That statement you quoted is simply not correct. No matter what they say they can't overwrite the original terms. They can choose not to touch the funds as long as they want, but the original terms were clear.

I agree, that there is some ambiguity of wording, but not that much.

From part II of ICO terms:
Quote
The Lisk team won’t have access to any funds at all, until the Lisk mainnet is launched successfully.
https://blog.lisk.io/lisk-ico-terms-part-ii-3b50ab74c9b6

From part III of ICO terms:
Quote
All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.
https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djab

So the intent of escrow terms was clear.

There is also a fact that every time a genesis delegate signs a block it's log has a line like this:
Quote
Forged new block id: height: X round: X slot: X reward: 0
And that's pretty much counts as forging in my book.

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