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RE: Offer to Purchase Steemit.com for Custody of the Steem Community

in #steem4 years ago

I was curious how you were going to pull this off and I was open minded until you mentioned community raising the funds and creating a Steem Engine token. Seems like a huge liability and ask for one person selling a token asking the community to trust them, $1.4 million is a lot of money in one person's hands.

I don't think the domains have any value. They're not worth that much in my opinion. The value is the blockchain and nobody can buy that.

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I plan to do kickstarter, indiegogo campaigns etc which will bring external awareness to Steem as well in addition to the crowdfunding within Steem and the greater crypto community.

All funds would be kept in multisig accounts with active signatures by trusted community members, escrow attorneys can also be used, there are many ways to handle that. First step is to see if the offer is accepted.

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