I still can't differentiate this project from Slockit DAO
No, we're not like the DAO
The DAO looked to replicate a VC fund on the blockchain. We're using the blockchain to allow for peer to peer funding and disrupt the whole model. A safer model.
We do not collect ether in order to redistribute the wealth. We're building a platform for 'backers' and promising projects to meet and collaborate.
Individuals are able to support the camps they like rather than relying on the crowd to come to consensus. So unlike the DAO you control your tokens and can decide which projects you’d like to back. Projects can be built regardless of whether they receive funds or not.
Also, so long as the HKG contract spits out HKG when I throw btc/eth at it (and doesn't allow anyone to somehow cheat and get more HKG than they paid for) it's done it's job. The security of the ETH collected is not a direct concern.