Its very simple and all laid out in the whitepaper and terms of sale.
You pay for coins - you get coins immediately. You keep the coins. We keep the money. Thats it.
The fundraiser is written in an ERC20 crowdsale contract. Quite common. You send Ethereum to the contract and it automatically sends coins to your wallet. There is no middle man.
Very simple. We are keeping the terms quite simple.
Your coins have no real money value and are worthless. Trading real money for these worthless coins is your SCAM. No videos uploaded to your site except one by you today. NO ONE BUYING WHAT YOU SELLING, SCAMMER. My money has value everywhere and your coins are good on your site only and nowhere else. Your coins are WORTHLESS EVERYWHERE.
Very simple, Reid takes your money, you get crappy videos...later.
You don't have any support for this cryptocurrency from the Steemit community. The only traffic you have is from the so called trolls!
and you still don't state HOW MUCH FUNDING IS REQUIRED to build the software and blockchain and get your coin on the Ethereum network. What is the goal, in dollars? Otherwise people are just throwing money at you while getting worthless "coins" in exchange, which will have no value if you don't meet your funding goal, AND YOU GET TO KEEP ALL THE MONEY PEOPLE SENT YOU!