Post
Topic
Board Altcoin Discussion
Re: The DAO FAIL
by
iamnotback
on 09/06/2016, 17:45:29 UTC
So the new normal is write 2080 lines of code (less code than I write in a week) and raise $168 million or don't write any code and use someone else's code and raise $15 million:

Just stay away if you're not invested or slowly sell them without upsetting the price if you're holding them. You are missing the opportunity to invest in other more profitable prospects. Looking at github they have been working on these projects but without any solid results yet. So it might better to wait until they have something to show for and check of their assets are worth to invest in.

Such as Waves which apparently raised $15 million for vaporware and selling a crowdsale pitching IOHK's open source code (and which jl777 was said to be advisor):

https://bitcointalk.org/index.php?topic=1504381.msg15138357#msg15138357

And Lisk which raised $10 million apparently still has problems in the functioning of the wallet:

https://bitcointalk.org/index.php?topic=1504381.msg15139560#msg15139560

Or The DAO which raised $168 million with only 2080 lines of sol code:

https://github.com/slockit/DAO

Seems these days it is better to be good at marketing and selling ideas than actual code that is stable and ready for the launch.