Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] (XBV) | Blockchain Ventures | 1.618% PoS | Funded Project |
by
Blockchain.Ventures
on 07/04/2016, 22:25:08 UTC
I just have read the updated OP. The project is interesting, however the prospects for the success of this project are 100% dependent on who is running it.

You write "Blockchain Ventures will acquire stakes in other blockchains or blockchain related projects that it views to be either undervalued or showing great potential.".
The main question here is - who is deciding whether some some "blockchains or blockchain related projects" are undervalued or overvalued? The abilities of that person are crucially important for the project.

Thus comes the question - are you going to reveal some identities behind this project? If not, how would you show you have the required knowledge or qualifications to successfully invest the funds into the right projects? Everyone could just write "I will take your capital and increase it due to profitable trading". But not everyone can make it profitable. How could potential investors be sure (or at least hope) your trading is going to increase the funds, instead of decreasing?

Sorry for my English. Hope my questions were clear enough...

You are correct, the abilities of those in charge of operations is crucially important for Blockchain Ventures.
This project would not have been started if we were not confident of those in charge of operations.
Everyone can write "I will take your capital and increase it due to profitable trading" but not everyone is doing what Blockchain Venture's aims to do and using our methodology.
Although XBV is starting off as a small project, time and resources was put into making this possible so XBV was not created to waste time.
Every aspect of this project was considered and is being carried out in a way that is best for Blockchain Ventures in the long term.
Revealing any identities would either have a neutral effect or possible other effects of possibly creating unnecessary hype or expectations for this project and bringing more attention to it.
The results of Blockchain Venture's operations will be transparent and will speak for itself.
Initial operations and development was intended to start small and then scale up once thoroughly tested.
As Blockchain Ventures scales up and expands operations, revealing any identities will be considered.
Thank you for your concerns and interest