I will watch this project how far it can go and will follow this thread to see what happens next stage. Escrow must be done before iCO launching, dev.
thank you! we are working hard on that!
The target is 15000 BTC. Looks crazy.
First, I would like to thank you for your opinion!
Even if that wasn’t a question I will try and break it down to you, why there is a 15.000BTC number cap on our project.
1) DEMAND : SUPPLY – basic economyWe fully believe in our project, it is our baby and a project of passion. We want to offer enough NTRY tokens for everyone interested in our project, so all of you can be a part of the journey from the beginning on. We will have a minimal cap and we will have maximal cap and at the end it all depends on people’s perception about our project.
Even if the cap is not met the rest of the tokens will be burned. This is also the first and last time the tokens will be issued. So we see no harm to give a cap so high.
2) TRANSPARENCYWe believe in transparency. No matter how much we raise, nobody is getting rich on our team, because of your investment. We have all good careers and steady income (check the team).
We are working on contracts which would release a before calculated amount of money (not more and not less) for every Notary Platform stage mentioned in our timeline. This will also be all provided for public eyes. As I said in previous post, we don’t have the intent to hide anything!
At the end of the day, this is just our draft of the WP and will change on our way to the ICO. For now we have mostly focused on the technicalities of the project and how much money do we need for presale to somehow finish the stage 1, so we can show you a working platform BEFORE the ICO. The final draft with the definite ICO numbers will be up after presale.