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All the complaints about the uncapped ICO aside, the biggest concern for me is the compensation structure. Breitmans et al make out big immediately. So much so
by laxatives 9y ago
All the complaints about the uncapped ICO aside, the biggest concern for me is the compensation structure. Breitmans et al make out big immediately. So much so that they have relatively small incentive to ensure the success of their coin. They have also demonstrated that they are both toxic PR people and incapable of responding to even the most innocuous line of questioning without going into personal attacks or sarcasm.
Its too bad. I first heard about Tezos when one of their devs posted an amazing interview question here on ycombinator that spun up an enormous discussion that was being refreshed all day in my browser. But their leadership is suspect. Their statements regarding their employment timelines (fulltime vs parttime dev work, 1 year vs 4 years) doesn't really add up either.
Hopefully they prove the FUD wrong, but I avoided the ICO because I can't accept that kind of risk.
- vikiomega9 9y agoDo you have a link to the question?
- boxfish 9y agoHad the same question and did some digging. It appears to be this one by user murbard2: https://news.ycombinator.com/item?id=12940675 https://news.ycombinator.com/item?id=12940675