Author Topic: Accounting for sales  (Read 158 times)

pharesim

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Accounting for sales
« 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)

Remaining balance: 0.83645252 BTC

« Last Edit: April 07, 2014, 03:40:47 am by pharesim »