EDIT: Contract text updated to reflect agreement decided upon in private. My thanks to the loanee's officers for their good faith in agreeing to this edit. The original text is italicised below.
30% into @msp-foundation for the benefit of @thewritersblock. Should @msp-f wind up the principle is the loanee's to keep but TWB will get the income from it in the meantime.
The loaner has paid the 30% (528) STEEM to go to @msp-foundation in the name of @thewritersblock in advance and instead the loanees will repay that amount in STEEM at the end of the loan. The loaner also included a donation of 2 STEEM. The transaction is 528+2=530 STEEM.
I agree (loaner).
Transfer made: https://steemd.com/tx/456386db5b7f78526ac1ef1d7453574b47d77b60
I agree
i'm happy to see this occurring. grats writers block. ty eturnerx
I agree (TWB officer)
EDIT: Contract text updated to reflect agreement decided upon in private. My thanks to the loanee's officers for their good faith in agreeing to this edit. The original text is italicised below.
30% into @msp-foundation for the benefit of @thewritersblock. Should @msp-f wind up the principle is the loanee's to keep but TWB will get the income from it in the meantime.
As agreed on Discord between @eturnerx, @gmuxx and @rhondak:
The loaner has paid the 30% (528) STEEM to go to @msp-foundation in the name of @thewritersblock in advance and instead the loanees will repay that amount in STEEM at the end of the loan. The loaner also included a donation of 2 STEEM. The transaction is 528+2=530 STEEM.
https://steemd.com/b/26851224#b0914496d1a7751b920125ceb8f47de039b00643
So now, the entire balance of 100% loan is owed to the loaner (@eturnerx) as STEEM. Otherwise the repayment terms remain the same.
I agree
Bro, this is superb, longtime no see your face.
I agree
I agree