I see on sns geek Adam invested 10k icp into the sale using his known id.
The refund was 11,900 icp. Did he receive money back for what he spent on the takeover attempt (before boom rugged)? Or was the refund just for the amount placed into the sns sale?
I’m happy to discuss in private message to avoid clutter or asking in a new thread.
Before anyone attacks me I BELIEVE WHAT BOOM DID IS WRONG AND WHAT ADAM DID IS NOT ANYWHERE NEAR THE SAME THING THAT BOOM DID.
I don’t see transparency of sns withdrawals as a one way street. I know there has been more conversation around withdrawals requiring more details so I am hoping Adam can lead by example here.
Mico im going to try to be as fair and polite as possible here. In an attempt to explain why nobody is concerned about this.
11900 ICP is an insignificant ammount of capital compared to the funds borovan spent trying to takeover the project. Like its literally pennies to both him and the dev team.
He did that just to show them that he COULD do it. if he wanted to drain the whole treasury he could have done it. But he didnt. Thats why no one is concerned.
If we are being completely honest no one knows how much he spent on buying boom. I do believe he spent more than 1900 icp while buying.
But your position in this is creating a double standard when it comes to transparency of withdrawals. They have the opportunity to act as leaders in this change and that is all I am asking about.
It is difficult to believe that IC would be part of something like this, since it is very little money compared to the value of the project as a whole. But these flags on everything that goes against BOOM DAO and that votes against the removal make suspicious that some people are involved at some level. Why supporting a DAO that is clearly on the hands of people that do not have any interest on making anything better? This BOOM DAO and nothing is the same.
What? I do not even bother thinking about your posts, like I said, I don’t think you have enough credibility or knowledgeable enough. I am not interested in noise
The thing is I don’t want to hide what boom did. They scammed the community.
I also don’t want to start a double standard with this new reset we are trending towards. I am confident that adam and donna have enough people to sit there and be “yes men” and no where enough people questioning things and asking them for transparency.
I am sure down the road we can come to appreciate these differences and begin having conversations with out the conspiracy that anyone who asks adam a question is a part of a secret cabal to destroy icp.
11900 ICP is a crazy lot of money! that this is regarded as pennies is in principle a shocking point of view. (like the one politicians have, wasting citizians money.)
Its a matter of perspective. The people fighting this battle are not in our tax bracket.
My point is, does it make any sense to spend 100k ICP to get 11K? No it doesnt. It was symbolic and meaningless to the two parties who were fighting.
Dont let these guys distract you from the point. @tomimas1990
Heres the point:
The dev team EXTRACTED MILLIONS of dollars from the community and produced nothing of significant value.
Borovan SPENT hundreds of thousands trying to put the project into the hands of builders who could save it. But the dev team won in the end. And ran off with even more money.
Anybody telling you anything else is just trying to muddy the waters..
We do not know how much adam spent. What is the harm in asking them for transparency?
We do know adam spent 10k in the sns sale though. So the only funds unaccounted for is 1.9k ICP from the treasury for expenses during the take over attempt.
We all agree that the boom dao team pulled the rug and took value from the community but for some reason others do not want adam and donna to be transparent in their transfers from the treasury.
There’s no harm, you can ask as many questions as you want. No one is required to spoon feed you answers of their financial history.
By the way the blockchain is public. You can look through the hundreds of thousands of transactions and try to make sense of the data yourself.
You can look through the hundreds of SNS proposals yourself, and try to make sense of them. I think I was fair here in how I described what went down. Given that dfinitys analysis lined up with mine. You are welcome to do your own research and provide your own analysis if you think this one is lacking.
Or you can just keep asking questions that no one is going to answer for you.
