1. Will there be any type of monthly accounting of expenses to the community?
2. Will there either be an escow or smart contract to limit the amount of coins your team can unload each month?
Hi TravelsAsia,
1. Yes, we are utilizing a distributed ledger called 'Bitcoin'
. The Stratis Foundation will be incorporated as a no profit organization, so all accounting will be available for external auditing.
2. We have not considered this, all btc raised during the ICO will be held in a 2of3 multisig account. one key will be held by Paul Klanschek, CEO of Coinimal and escrow for the Waves and LISK ICO's, the second will be held by Bitcointalk Bitcoin Escrow SebastianJu. The third will be held by our founder and CEO Chris Trew.
We have tried to ensure that we offer the same level of protection for investors as the previous ICO funded projects. I was not aware of them keeping the teams tokens/coins in escrow. But we would certainly be open to it
Regards
Krushang