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http://www.reuters.com/article/bitcoin-funding-tezos/special-report-backroom-battle-imperils-230-million-cryptocurrency-venture-idUSL4N1MT53I http://www.reuters
by charlesdm 9y ago
http://www.reuters.com/article/bitcoin-funding-tezos/special-report-backroom-battle-imperils-230-million-cryptocurrency-venture-idUSL4N1MT53I http://www.reuters.com/article/bitcoin-funding-tezos/special...
PS: What a shitshow. These people are amateurs who have been given $500m, and I wouldn't be surprised this project amounts to nothing.
Based on how I'm reading this, I don't think this Gevers character is entirely wrong on how he's acting. But the article doesn't mention any bonus.
- touchofevil 9y agoI didn't see anything in the article you linked to where Gevers says that the amount ($20 million) the Tezos company would sell itself to the foundation for is excessive. As I understand it, that was always the arrangement. The amount the company would sell itself for was a percentage of the ICO funds raised, I believe. I do agree that the situation is a shitshow.
- charlesdm 9y agoNot sure where I read that, can't find it anymore