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RE: First thoughts about the proposed EOS token sale

in #eos7 years ago (edited)

Actually, recycling was prohibited and the funds were left in public view right where they were donated - where they could be inspected by everyone.

But once people were paid for their services, they were free to spend their own money anyway they wanted.

Bottom line: funds were limited to covering expenses and paying developers and developers are people with rights to do what they want with the money they earn.

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And despite that openness, AGS donations by team members were regarded with suspicion in the greater crypto community.

...and you use the term "greater" with all due respect.

:o)

Heh, "greater" here is only in the sense of "bigger." Not to be confused with "more open-minded" or "smarter" or anything like that. :)

But in my future discussions on this, rest assured that I won't paint AGS as a scam and I'll strive to distinguish between unethical recycling and ethical dev contributions.