I am not entirely closing the door on working with James on his project, but to be frank my passion is on my project to foster an entire crypto ecostem, not just anonymity.

Note I suspect James will probably end up talking about more than just anonymity for Komodo. I think (based on knowing him through many discussions) he will probably tie in what he was attempting to do with SuperNet at some point in the near future. And I know he was enamored with Steemit, so you can probably expect him to throw his hat in that arena as well. Nevertheless, I am nearly certain he can't compete with me on making a better Steemit. Who knows maybe we end up making two projects work together, but that is usually technically difficult (we've discussed such in the past).

I don't think James is a scammer in the sense that I don't think he thinks he is. I think he thinks he is very sincere about accumulating capital to do important work in crypto. He comes from finance apparently and thus apparently believes in raising a lot of funds. I think he shocked everyone when he raised 1500 BTC for the SuperNet back when BTC was closer to $1000 before ETH did their $18 million raise.

Yet I must agree that the anonymous developer aspect, the lack of a visual team doing promotional videos and a conferences (a la Ethereum) to nourish fanboys, doesn't seem congruent with raising $20 million and driving a $billion market cap.

If I ended up working with James on this project, it would mean putting my public reputation on the line and not even being a major party to the BTC raised. I think that would be unfair to myself, but then again money talks in some respect, so it is possible I could be lured with sufficient compensation.

But honestly, I rather go complete my project. And I can say I would not attempt to raise $20 million and I will be a public speaker on my project. And I do believe my project which will attempt to do what Steem attempted but do it correctly. @smooth and I both seem to think a social network market cap wouldn't necessarily be limited to $10 billion or even $100 billion. Even a $trillion is plausible. But getting there is about ecosystem network effects and Metcalf's Law. Review my latest comments in the "Steem is a pyramid scheme" thread. Nobody can say for sure what the outcome will be. I will just say if I get healthy enough, I am going to try to be the first to create a very serious altcoin ecosystem.

So I know which one I will be investing in. But if Komodo would commit to capping the raise at 5,000 or 10,000 BTC and does something about the anonymity of the developers and entire company, then I'd probably suggest buying some morsels of it. At 30,000 BTC, sorry no! I think someone should feedback to them.