Author Topic: BTC accounting  (Read 390 times)

pharesim

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BTC accounting
« on: April 07, 2014, 03:25:34 am »
To get started we sold 1,200,000 NHZ for 1 BTC before the official launch.

We reserve the right to sell another 18.8M (totalling 2%) for server hosting and bounties which can't be paid in NHZ. We plan on selling for a significantly higher price compared to the cost of running a node (1M for 1 BTC), this is thought to be a supportive action.

The topic is still discussed internally, currently the 1 BTC raised is enough to cover our expenses for a while. Please do not ask to buy from us, we will make an announcement when/if there is a possibility (if you absolutely want to give us some BTC, the current address for donations is 14SC73KBDrKFpTgWKMmt5EDujJzKHEbb2f).

The BTC are stored at coinbase, so we can't provide a blockchain link. Any incomes/expenses will be listed here.

DateAmountPurpose
03-31-20141 BTC1,200,000 NHZ
04-01-20140.01624748Node VPS
04-02-20140.14732 development VPS + dedicated webserver (1 Month)
04-14-20140.041Node VPS
04-22-20140.02011 development VPS (1 Month)
04-30-20140.04455771Sale VPS (1 Month)
05-04-20140.0002911Sale tests
05-13-201418.798759592% Sale
05-15-20141.88Donation
05-15-20140.24375Dedicated servers
05-22-20140.00892161VPS
05-27-20140.13564NXT for Asset Exchange
06-15-20140.18837Dedicated servers

Remaining balance: 17.07258169 BTC

« Last Edit: June 16, 2014, 02:44:49 pm by pharesim »