How much are you people looking to raise ?
Good question, PR could u tell us how many btcs is your target? If the target is not met, will the project launch?
Steveds & Altcoinrich, to be honest we do not have a specified amount but we believe that, at least, 700 BTC would need to put together. From then on, all collected serve to optimize, accelerate, hire more people, marketing, legal costs, go to more events and create a division that works as an incubator (as we said in our thread: "When we have enough founds, we would like to use some of them to create a division that will work as an incubator to relevant projects (can be IoT related works, DAO, Dapps, frameworks and so on) in the ecosystem we aim to create in Opair.")
It looks like an interesting project you have here. What experience do you have in coding smart contracts?
Both Frank and Hao, have not worked in previous projects that include the application of smart contracts but both have the necessary knowledge (they have knowledge of functional programming and OCaml as well) and years of experience in leading companies. Even Hao, is currently working as a blockchain developer at IBM.
what is the algo used? you have not specified it in the op
Amph, the PoW phase was stipulated to occupy 30% of the distribution during the period of 1 year but many people have complained that 30% via PoW may be manipulated by whales so I will talk with Frank and Hao to reach a consensus on the new distribution. I imagine that we will modify the percentages, maybe 90-10 or 85-15 (instead of 70-30), and perhaps its duration. Our idea is to settle the matter on the weekend, so before the ICO the rules will be clear and defined for all. About the algo, we think on X13 (or a modification of it) as is known and stable for everyone, because we do not want to revolutionize this aspect, but serves us as a safe & fast distribution method. During the weekend, we will update this with the final information about the PoW distribution.
