reserved place

CryptKeeper, Yes, we aren’t the official fund. This increases the decentralization of the coin.
I’m inspired by the Byteball cryptocurrency and I want to promote its maximum popularization.
Therefore, we launched this fund. I see that the official fund exists already. I see a report of receipts. Do you have a report of the work done?
We will report for every byte spent and do the things described in the topic.
Thank you for your message. Together we can do great things!

We described everything that we plan to do:
95% of the collected funds will go to:
•  payment of articles and video reviews from various info-sites, bloggers and Mass Media
•  purchase of advertising on websites
•  adding to cryptocurrencies exchange.

It's all in plan. And the choice of promotion depends on the amount. We could say that we will pay for the addition of Byteball to Binance, but we do not know how much money will be in the fund.
We also said:
"It is necessary and important for us – to have an objective approach to the selection of platforms for the Byteball promotion, so in our work we will listen and take into account your opinion. You can share your ideas about the development of Byteball with us, or suggest partnership, by writing in the topic, or by writing to our e-mail: support@bytesfund.com"
Your opinion is important for us.
In addition, we described our 5% percent commission and what it includes.


They asked to do the due diligence, and they’re right. They do not know about us and warn that we aren’t an official fund. We have added information about this already, so that we aren’t be confused.

Fresh account, a dude nobody knows about, says he loves the project, is inspired for it, and now asking people on the forum to give him money so he does this and that. LOL. 

I’m sorry for the late reply. You are asking the right question. Our fund is also designed for promoting Byteball. Different funds will contribute to decentralization. I don’t see any reports of the official fund about spending. They say: "The fund will pay out bounties for byteball-related work such as reporting security vulnerabilities, software bugs, user support, marketing campaigns etc."
Our priority is that popular people and sites talk about Byteball to the wide audience. As well as there wasn’t 98% of the trading volume on only one stock exchange, registration of new users is closed on which, and withdrawal is available on the passport. The official fund has more than enough resources for adding Byteball to the other exchanges, for example, Binance. They have their own view on this matter, and it is their right.
In our turn at the end of each week we promise to publish reports about money received and spent. There will be direct references to the surveys commissioned by us, advertising and adds to the stock exchanges.

Financing bitcoins is necessary in order not to sell gbyte on the exchange, when gbyte will not be accepted to pay for the review / advertising / adding to the exchange, but it's important for the promotion of the coin. The usual purchase of a gbyte does not always have a better impact on the price of a coin than promotion. If buying of the bitcoin will not be necessary, then we will buy gbyte.

You offered us a good idea. We are began to consider this option.

We're continuing to negotiate with trusted persons of Byteball to transmitting someone of them the right to keep the fund purse.
At the moment, we sent our proposals to:
Michail1
CryptKeeper
slackjore
LoyceV
Wait for updates.

I've received a PM indeed.

Before I agree to be part of a multisig escrow, it should be completely clear what can be expected: when is the escrow going to pay out, and which projects will be rejected.
I'm not sure yet how to decide on this, but I think it's important this is clear clear before people make a contribution.

We have written that we’re considering you for this post. I would like the community to confirm your reliability for this role.

You said it right, it is important to discuss all the details here. I think the disbursement should be occurring when the amount will be collected for the goal. It isn’t known how much money the fund needs to collect in order to make the disbursement.
Therefore, we need to set goals with a gradual increase in costs:
1) advertising / reviews
2) shops
3) exchanges.
All actions must be as public as possible. Up to the contracts with the platforms. Projects should also be discussed publicly.
________________________
All the money that will be received on our own wallets:
Byteball - E7E3UDNDTGBRTLN63DXJF7EXIXVQYTM2
Bitcoin - 33FJvNxyc5p5M76prfHcWeq4aEoWMMkhEH
will be transferred to the trustee of the fund in escrow.
At the moment, the fund has not received any financing.  It's easy to verify.

Yes, we have created a fund to support Byteball. And we want to earn your trust. As it isn't enough now,  we decided to transfer the wallet to the trusted person of the community. Yes, there is also an official fund, but we have different goals with it. I don’t see reports of the official fund's spending. At the moment, the official fund is not spending money actively on what we're planning to do. This is not criticism. Each fund can have its own goals and ways of implementing them.
We will spend money exceptionally on:
1) reviews
2) advertising
3) shops
4) exchanges.
All actions must be as public as possible. Up to the contracts with the platforms. Projects should also be discussed publicly.

Why do you think that the team isn’t approving the project? At the beginning: They asked to do the due diligence, and they’re right. They didn’t know about us and warn that we aren’t an official fund. We have added information about this already, so that we aren’t be confused.

We've gotten community support. The results of negotiations with the trusted persons of Byteball:
tonych - advised us "to invite prominent community members" и "to be transparent".
Michail1 - likes our idea. He consider that the list of people invited to participate to store the fund is "very well." He is going to participate in our project, but he does not have enough time to keep the fund's money.
CryptKeeper - does not have enough time to participate.
slackjore – thinks, that our fund is scam.
LoyceV - is ready to cooperate with us and to keep the fund's money.

At the moment, LoyceV agreed to keep the fund's money. I see no objection to appointing LoyceV to this post. Therefore, we decided to appoint him. Now we only need to discuss the remaining questions. For our part, we are ready to give him 1% out of 5% of the fund's money for his working, that consisting in checking the expediency of spending. This value can be increased up to 2%, depending on his participation in the project.  You can find more details about spending 5% of the funds in the topic header.

We have gotten the first contribution to our fund: 0.1mbyte.
We also would like to inform you that our bot is offline for technical reasons now. Soon we will resume its operation.