Where can i find informations about the legal statut of Lisk?
it is a non-profit association?
a company?
individuals receiving donations?
thanks
Max has already conceded that there is no incorporated entity yet.
At this time it is Max, Axel Hellinger (a German lawyer), and Paul Klanscheck (of Coinimal but acting in a personal capacity) who control the funds on a 2 of 3 vote to release. Oliver has no technical involvement in releasing funds. Not sure why that is. There is no CFO.
In essence at the moment it is individuals receiving donations.
There is risk in Lisk, but if they were to misappropriate funds there would be legal and other consequences regardless of the wording of the Agreement. Would anyone ever consider touching Mark Karpeles again?