Good concept but there are the usual questions that really do need answers such as:
- Who is getting paid what?
- How will the minimum viable funds be spent?
- What would any excess funds be used for?
- Why are VC not involved?
- Launch in 2018. Beta miner is out already so why the delay to test product?
Answers would be very helpful.
PS there are a number of typos on the English translation of your website; makes the project look sloppy.
Hi Joskye,
service charge per GB of data to client
5% fee on all transactions sent to BlockCDN
95% of fee to miners
We are trying to disrupt a multimillion dollar industry so there are still entry costs - though they are substantially lower than traditional CDN business models
Excess funds? if you mean anything raised over 150,000 ETH - then this will enable us to grow the network faster and employ more staff for miner support etc.
VC are not involved because we are crowdfunding and trying to involved as many people as possible.
We anticipate it will take three years with 150,000 ETH to reach velocity. We will not be running the beta miner for 3 years. In fact we will very quickly transition out of beta after ICO since the beta testing has shown us that the system is stable.
let me know if you have any more questions - and thanks for the typo tip - we are aware of it and will put some resources to sorting out such things shortly.
