An important question was ask of me via PM, and felt that posting the reply here was warranted. The author's name has been redacted.
We are currently less than BTC30 short of having the entire BTC100 promised to them, hence this PM. Any and all donations to 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac will truly be appreciated.
How did the overpromising happen?
Thank you for taking the time to present to me your concern in regard to the PM I sent you while conducting in the capacity of Bitcoin 100
Because how Bitcoin 100
is currently structured, prospective non-profits (NPOs) are promised BTC
they incorporate a Bitcoin donation option onto their respective websites. Designed somewhat akin to to [sic] a kickstarter-type program, coupled with our endeavor to bring more awareness to Bitcoin. As a nascent organisation, Bitcoin 100
is limited by the amount of donations we have on hand, thereby sometimes reverting to impromptu fund drives to make up the difference, recently using this option to garner the balance needed at the time for Bund.
Granted, we do have more than BTC
100 currently on hand to immediately transfer the promised amount, but that would mean dipping into funds donated by individuals to be dispersed in a rigorous manner. For example, Roger Ver has kindly donated BTC
100 to be doled out BTC
10 per charitable organization. Exactly the same is true with Zhou Tong's donation. It would be unfair to counter how they both expect their donations to be allocated.
I hope the above addresses your question, and look forward to having the opportunity to readdress any future concerns on your part.
In the spirit of full transparency, I will be posting this reply in the main Bitcoin 100
thread, sans your identity.