.

[temple]

I would like someone from the OPEN team to respond.

In your Medium blog article it says that there will be a 3% bounty pool from the tokens being up for sale (while you are not stating that in this thread). That's 15 million tokens. In the announcement of this thread is an overview about the bounty pool distribution, which says 40% go towards the signature campaign (6 million tokens). As a few projects tried to scam bounty people after the ICO was done by diluting the pool or changing it, I would like you to confirm the numbers you presented on page one with the adjustment of the overall bounty pool now being 15 million tokens. The repercussions for the few projects trying to deceive bounty hunters have been severe and I don't like to be deceived either.

As I made clear before in another post your headline advertisement "🔵  OPEN Platform  🔵  * 3% Pool! 6M Bounty Token! & Contests!*" is already misleading, as your bounty pool is far from 3%. Of course, you could say 3% from anything, but what's the point of using a percentage number at all then? As a matter of fact your bounty pool is no more than 1.5%, but it's up to you in which way you are going to advertise the project. I know that regulators have a pretty clear stance when it comes to advertising ICOs these days.

Please take the time to make clear that you are going to adhere to the terms you defined in the beginning (with quantitative adjustments towards the overall size of the bounty pool, which is 1.5% of total supply) and that you are not going to change the defined terms after the campaign has now been running for several months. People have clear expectations, and you intentionally helped forming those expectations.

Looking forward to your answer!

Although I do believe that you guys are absolutely professional, I am a little bit disappointed that no answer has been provided in regards to the quoted post above. It wasn't the first time that I asked a bounty related question, but none of them has been answered or commented on.

I would like to kindly ask you to comment on that post. Thank you very much!

Hi there folks, thanks for reaching out and sorry for the delay.

There might be a confusion because our token metrics have changed through time for the best of everyone's interest. Don't worry, allow me to clear this up:

A 3% of our TOTAL SUPPLY of 1,000,000,000 tokens will go towards our bounty contests. This means that a total of 30,000,000 OPEN tokens are on reserve to go out to bounty participants.

Hopefully that cleared up your questions.

Thank you very much for taking the time to explain the issue. This means that according to the terms provided in the bounty thread, the following numbers can be expected by bounty supporters:

CAMPAIGN ACTIVITIES & DISTRIBUTIONS (old terms):

Signature & Posts on BitcoinTalk: 2.4m OPEN (40%)
Contests: 900K OPEN (15%)
Content Campaign: 1.02m OPEN (17%)
Translation Campaign: 180k OPEN (3%)
Slack/Telegram/Twitter Campaign: 1.5m OPEN (25%)

CAMPAIGN ACTIVITIES & DISTRIBUTIONS (new terms):

Signature & Posts on BitcoinTalk: 12m OPEN (40%)
Contests: 4.5m OPEN (15%)
Content Campaign: 5.1m OPEN (17%)
Translation Campaign: 900k OPEN (3%)
Slack/Telegram/Twitter Campaign: 7.5m OPEN (25%)


Is that correct?

The percentage amount of tokens allocated for each section of our bounty hasn't changed. The only thing that changed is the total supply which obviously made the percentage amount of tokens allocated to our bounty go up.

[temple]

Dear Bitcointalk community and all concerned bounty participants,

legal issues take time to be resolved and we have done everything in our power over the course of the last weeks to avoid any litigation against the OPEN Platform project; however, the team has made light of adhering to contractual terms and we are now forced to begin procedures to recover unpaid funds based on the terms of our contract. We have properly prepared and consulted with legal professions and are very confident that this case is worthy of pursuit. Our group of bounty participants who are now seeking damages are the “real” first supporters of the project, who saw the vision of the team and committed to an unusually lengthy campaign (at a loss if you take into account the massive opportunity cost) while others left. This is why this is a regrettable decision on our part as we are believers in the project, but upholding contractual obligations is essential, if the global bounty community is to continue thriving.

We have not received any response whatsoever from any representative from the OPEN team concerning our claims, which beyond doubt have not been excuses with unsubstantiated falsehoods. Sometimes ignorance can turn out to be a successful strategy; however, it is not so in a clear cut case of fraud as this. We can guarantee you that we will employ every aspect of the law to not let this theft OPEN is committing go unresolved. Some in the community may have benefited from this blatant breach of contractual obligation (by receiving misappropriated funds), but you should be concerned how this is destroying the industry. If we allow this precedent to go unchallenged, it will only be a matter of time until it happens to you, too.

If the terms, which were coherently expressed, are not met according to the interpretation of all legal statutes governing contractual activities and upon which we entered this contractual relationship, we will be forced to begin legal proceedings in several jurisdictions. We expect an answer until Thursday, July 5th. You have a relatively concrete deadline now and we are still hopeful for you to realize that blatant theft should not be left to define the OPEN project.

We certainly know what we are doing and we understand this subject very well. Some of you might feel some misled curiosity, resulting in a strong desire to find out who we are and what we can achieve. Some might hope we fail, and some might hope we succeed for the sake of integrity and legal compliance.

Blockchain is here to create a level playing field. It is a neutral technology. It doesn't know moral discussion. A poor guy pays the same transaction fee as a rich guy. Is it fair? Well, there is an incentive for someone else to create a cheaper network if there is a need for it. The signature and content campaigns were open to anyone at anytime. The terms have been clearly laid out and confirmed publicly and privately by the OPEN team various times in the relevant thread and in private discussions. With that being said, in closing, we would like to state our belief in the project; however, such disregard of honorable business practices must be held to account. We eagerly await a just reply from the OPEN team.

Full payment under the terms and conditions is requested by Thursday (July 5th). I implore the OPEN team to reach out to me anytime by 7/5 in order to prevent any judicial litigation.

Kind regards!

[cerceveligozluk]

Open Money is a really great blockchain initiative that is filling the gap between the mainstream software industry and the cryptocurrency world. I think it's a very huge niche to help application developers integrate their existing and new applications into the blockchain sphere.

[AaronKla]

The idea seems pretty budding!
Faultless logo, unprejudiced vision, absorbing idea!

[LazarovskiK]

The Technology is great. My only hope is they accomplish all they set out to accomplish and even more in record time.

[shewasfourteen]

 The ultimate summary with important information regarding our token swap is now live!
https://blog.openfuture.io/announcements/open-token-swap-summary-with-new-snapshot-date-and-random-snapshots/

Bounty Program distribution details are now available!
https://blog.openfuture.io/announcements/open-bounty-audit-completed-and-final-results/

[Satosho Kakamolto]

I am reading here on the thread that the team may have cheated their bounty hunters. This could backslash against them severely, first in the case of a lawsuit (just look in which mess has the Envion team ended for having pursuit a fraud) and second because thousands of people who have been promoting them could now decide to start speaking bad about them - which for sure would be not a very useful marketing campaign for Open.

[Nonsholscor]

Such idea are getting successful. Really good vision, noticing business, flawless idea.

[AVATAR777]

Congrats signature participants. Good job - 8k$
Bounty campaign is ****, but thanks for that. Welcome to the cryptoworld

Is that 8K for each of the work done in the bounty company? If so, it is a very fat distribution will, such perhaps I have never met before.

[CryptoRothschild]

The ultimate summary with important information regarding our token swap is now live!
https://blog.openfuture.io/announcements/open-token-swap-summary-with-new-snapshot-date-and-random-snapshots/

Bounty Program distribution details are now available!
https://blog.openfuture.io/announcements/open-bounty-audit-completed-and-final-results/

I have just discovered about the coin swap and I already see it's somehow too late since I would have been supposed to register my address or whatever days ago. But how would I know that in time? I cannot spend my days on this thread when nothing happens and nothing is told for weeks. I'd expect the team to behave correctly and in a fair way.

[Bakscher]

I received my tokens for the bounty,but as it is very little when you consider that the company lasted more than six months
Now only the hope that the team will not stop working on the project and the price will grow in the future

[Perunex]

Dear Bitcointalk community and all concerned bounty participants,

legal issues take time to be resolved and we have done everything in our power over the course of the last weeks to avoid any litigation against the OPEN Platform project; however, the team has made light of adhering to contractual terms and we are now forced to begin procedures to recover unpaid funds based on the terms of our contract. We have properly prepared and consulted with legal professions and are very confident that this case is worthy of pursuit. Our group of bounty participants who are now seeking damages are the “real” first supporters of the project, who saw the vision of the team and committed to an unusually lengthy campaign (at a loss if you take into account the massive opportunity cost) while others left. This is why this is a regrettable decision on our part as we are believers in the project, but upholding contractual obligations is essential, if the global bounty community is to continue thriving.

We have not received any response whatsoever from any representative from the OPEN team concerning our claims, which beyond doubt have not been excuses with unsubstantiated falsehoods. Sometimes ignorance can turn out to be a successful strategy; however, it is not so in a clear cut case of fraud as this. We can guarantee you that we will employ every aspect of the law to not let this theft OPEN is committing go unresolved. Some in the community may have benefited from this blatant breach of contractual obligation (by receiving misappropriated funds), but you should be concerned how this is destroying the industry. If we allow this precedent to go unchallenged, it will only be a matter of time until it happens to you, too.

If the terms, which were coherently expressed, are not met according to the interpretation of all legal statutes governing contractual activities and upon which we entered this contractual relationship, we will be forced to begin legal proceedings in several jurisdictions. We expect an answer until Thursday, July 5th. You have a relatively concrete deadline now and we are still hopeful for you to realize that blatant theft should not be left to define the OPEN project.

We certainly know what we are doing and we understand this subject very well. Some of you might feel some misled curiosity, resulting in a strong desire to find out who we are and what we can achieve. Some might hope we fail, and some might hope we succeed for the sake of integrity and legal compliance.

Blockchain is here to create a level playing field. It is a neutral technology. It doesn't know moral discussion. A poor guy pays the same transaction fee as a rich guy. Is it fair? Well, there is an incentive for someone else to create a cheaper network if there is a need for it. The signature and content campaigns were open to anyone at anytime. The terms have been clearly laid out and confirmed publicly and privately by the OPEN team various times in the relevant thread and in private discussions. With that being said, in closing, we would like to state our belief in the project; however, such disregard of honorable business practices must be held to account. We eagerly await a just reply from the OPEN team.

Full payment under the terms and conditions is requested by Thursday (July 5th). I implore the OPEN team to reach out to me anytime by 7/5 in order to prevent any judicial litigation.

Kind regards!

I am fully supporting you on this one, also financially. Contact me if you need any help. The OPEN team has to answer to its unfair and deceiving actions. Giving you 6 times less than promised is just too much!

I am reading here on the thread that the team may have cheated their bounty hunters. This could backslash against them severely, first in the case of a lawsuit (just look in which mess has the Envion team ended for having pursuit a fraud) and second because thousands of people who have been promoting them could now decide to start speaking bad about them - which for sure would be not a very useful marketing campaign for Open.

I really hope that it will. I know I will be speaking bad about them, anywhere I can!

First we wait for 6 months without any reply or any feedback to the community (except "soon"). And as a reward of being patient (while many lost theirs and walked out) we will be reduced 6 times our payment that was well earned for the contribution? I understand if the team agreed that they have overestimated the distributed amount of coins for bitcointalk signature and are now trying to make a small correction. I really do. But 6 times or with a 142,85% difference is too much and really unfair to us!

[dr.cheema]

I received my tokens for the bounty,but as it is very little when you consider that the company lasted more than six months
Now only the hope that the team will not stop working on the project and the price will grow in the future

I also received open platform tokens for the bounty, yeah it's true very little in price but Team working hard and structure of this project really impressive.
They will work on OPEN chain and payment infrastructure, I hope open platform going to be huge in near fututre: https://www.openfuture.io/

[Perunex]

I received my tokens for the bounty,but as it is very little when you consider that the company lasted more than six months
Now only the hope that the team will not stop working on the project and the price will grow in the future

I also received open platform tokens for the bounty, yeah it's true very little in price but Team working hard and structure of this project really impressive.
They will work on OPEN chain and payment infrastructure, I hope open platform going to be huge in near fututre: https://www.openfuture.io/

Are you kidding me? What is this? A paid post, closing with a link?

You were not it the signature campaign at all, actually.

[Rati24]

I have been following this project recently. I think he has a very clear and successful future. And a huge plus of this project, the official site of the platform is very clearly designed, even a person without knowledge of English and even a far crypto world will understand. Invest in the project, and if they all turn out it can be very good to earn.

[MobyCrypt]

I have been following this project recently. I think he has a very clear and successful future. And a huge plus of this project, the official site of the platform is very clearly designed, even a person without knowledge of English and even a far crypto world will understand. Invest in the project, and if they all turn out it can be very good to earn.

If they'd be honest, then you would be right. Buy once you prove to be a cheater, a cheater you remain. And who would trust a cheater long term? If they won't fulfill their obligations with the people who have worked for them, no future for them.

[bitpotter]

I have been following this project recently. I think he has a very clear and successful future. And a huge plus of this project, the official site of the platform is very clearly designed, even a person without knowledge of English and even a far crypto world will understand. Invest in the project, and if they all turn out it can be very good to earn.

Sometimes it is necessary to design in such a way as to be easily understood by new users, everything is very fresh and can cover such a vast space.

[icohunter1024]

Is the token swap program only available to buy token holders from the ICO? Is it possible for holders to receive tokens from bounty and airdrop?

[minhdang2212]

Being one of the first infrastructure platforms that allows developers and current applications to integrate with the cryptocurrency payment process in an easy, plug & play location. Open Platform can become one of the leading ICOs in 2018.

[lagharto]

so when exactly this token swap will occur? what should i do if i am already registered in snapshot #1 event? Should i just wait an 2:1 airdrop and only after swap my OPEN's to native ones, right?