Thank you all for the BTM donations, although Medic you must stop sending me things, you have already done far more to support the project and I than anybody else!
This is the issue which needs address, so that I can work on Bitmark full time and produce everything we have planned.
Even though I can see coinsolidation's dedication for the project, at the moment he is the key factor in this. BTM lives and dies with him. So it's still a huge risk.
I hope you don't get me wrong! I am holder of a few BTM and a supporter of this project and will buy more when time is right.
Yes. Any support for Mark's development benefits us 100 fold in the long run. Right now we're on the cusp of some big innovations in adoption by regular people but since Bitmark is 100% community funded it puts a lot of pressure on Mark working 16-18 hours a day on a non paying job. Especially when he has a family to take care of.
So especially if you're new to the project and weren't aware of our funding model it's no premine, no IPO ect. Our goal is to support full time development through donations. Anyone buying or mining BTM for future value can understand how much we all gain by having an top notch developer working around the clock of us.
This needs resolved. Donations do not work. Here is an alternative call for funding.
I hereby request personal developer loans.The terms offered are 60 days maximum until repayment, 10% interest if repayment is in BTC, 15% if repayment is taken in BTM.
Half will be used to purchase BTM, half will be used fund my time - food and such basics for home. I am confident that within 45 days the price tag of BTM will be double, through hard work full time from myself and others.
I specify 60 days rather than 45, to allow time at the end to earn money by traditional freelancing should the value not double, as a contingency to make up any shortfall.
I am looking to secure between 4 and 8 BTC total. 8 BTC is a top limit. Anybody who will take up my offer can do so for any amount, for the sake of management I would request a minimum of 0.1 BTC.
Every rationale and fair alternative to developer funding has been explored, and this is far less risk than a 6 figure IPO, we are already past one month in. Bitmark is gaining traction and as noted I am the key factor in the short term.
All I am really asking is to be enabled to work hard for you, I hope by transparency and hard work I have already proved that my intentions are good.
Donations are also welcome, whilst unexpected. Please reply publicly, or by pm if you are interested but have specific requirements or terms.
I hope this can be addressed, so that work can progress.
All loans will be collected publicly at the BTC address 1C7CNLtxs73yKeTvz2KpJ1purXEjJY28Wh. Each lender will confirm publicly their loan unless they wish to remain anonymous, in which case I will post the transaction for them. This post will be updated to catalogue and reflect all loans.
Additionally
I trust that the Bitmark Community will see the magnitude of our Project and assist Project Bitmark in meeting its goals.
I will commit to pay any liability in this loan. If for any reason Mark is unable to complete repayment, I will cover any remaining balance
*(I do not foresee this to be an issue, as Mark is an honest and responsible individual)
I will make all necessary arraignments to have funds secured, 60 days from the date of the loans origination.
RECEIVED:
2 BTC 2014-08-15 d94f606f84333439ba90ca7dd209cb0c228f0ee836f236ae37b5b1ac63789155 Anonymous
0.5 BTC 2014-08-15 106f5f723e252ed04fd9c1d1c8aafc29c7c35b22d7a4d5c6f62f26ffedd6d15f Anonymous
Have you decided on a logo for the coin yet?
Yes, we are on our 3rd version already, check out
our version 3 prototype merged logo and buttons