Quote from: jonald_fyookball on October 01, 2015, 09:25:24 PM

Quote from: tempus on October 01, 2015, 07:35:58 PM

They made some things right. They did a good job to raise trust.

That's certainly debatable.

I don't mean the direct communication and what they really did. What I mean is the concept what they line out in the strategy-paper.

They're not anonymous.
They have "big names" in the boat.
There is money-backing.

They announce a total supply of 3 billion
They bring 100 Mio to the market
At the same time they assure potential investors that there won't be any uncontrolled dumping
They say, the huge supply will be used for the best of the project --> user growth, paying those who'll implement it and so on

They say they will be very transparent about all transactions and investments they'll make.

And sure, they are not transparent and I would have some concerns about security and a large group, because I always expect differences... I would have some concerns about the "Oh sorry, we got hacked - possibility"... one of the oldest tricks in Crypto to run away with the money and so on.

But the psychological design isn't that bad if you read it. And I mean just that, without the delays and direct communication and shady pasts and so on. They have answers to most of all possible questions before anybody asks openly. I believe they focused much more on the psychological-strategy than on the economic-design and the tech. And I believe, what they also forgot: The psychology in their own group. It's nearly impossible that they're united.

The key-problem is in my eyes: If they would be completely honest, completely transparent, highly skilled regarding the tech, they still couldn't handle the PoS-Rate/Inflation. And always they would've to explain this lack of any distribution and so on.

The design itself leads into dishonesty.