Burst Coin - Mismanagement of Developer Funds

Hi Guys,

As another voice of the Dev Team currently working on the Core-Wallet for burstcoin i thought i would voice my concerns with the misappropriation of developer funds.

these funds were sent to the developer fund account from Crowetic and a large donation of 402 asset shares from nameless which were sold.

the sale of these asset shares and the funds crowetic sent came to an excess of 2 million burst coin which is
currently $22,408.32 USD this is value to be paid to the team and there was never a fiat conversion discussed.

that was until we got the following message where suddenly that $22k USD halved in value and then some down to $8k usd.

this is coming from the same guy who told me last week that he wasnt going to pay @Iceburst for any of the work he has done even though hes put most of the work in.

below is his post on this matter

https://steemit.com/burst/@iceburst/burst-coin-development-fund-misappropriation-exposed

seems like this happens a lot. in my experience 3 of the last community's i was in ripped the developers off or stole funds in some shape or form.. and this is no different.

after this came to light the entire core development team has stopped working on the new update for the core wallet.
which is a shame for the coin. this probably doesn't matter much anyway cause the war that's currently going on will probably destroy this coin soon either way.

my advice.. stay away from burstcoin as an investment at least until the drama and war stops cause otherwise you might lose a lot of money

Kind Regards
Lexicon