Quote from: yoohoo309 on February 02, 2017, 01:17:46 PM

Quote from: Kazadar on February 01, 2017, 07:55:10 PM

Quote from: mtnsaa on February 01, 2017, 07:30:26 PM

Of course they have interest from companies in the industry, but that doesn't mean anything, especially without some actual name dropping. It's a long road and this is in its infancy that's all I'm saying.

I personally don't like the branding or the name for that matter since in my opinion it's just lame to focus only futuristic/sci-fi elements. In terms or regulation issues, well I can see some bands or solo artists in UJO selling their content, tracks and rights without much difficulty. Now the film industry is a whole different thing, especially in the US (most quality production are US based or UK). There are whole crews of +100 people working, will there be fiat gateways, royalties? Will they use ETH? BTC? How does the whole thing's gonna work for the average person and producer? Indie companies and film makers (I'm talking about real indie and underground stuff) will definitely be interested similar to UJO but I don't think this is what they are aiming for, and if they were, well it goes back to my point that presentation of the platform/product is too nichey.

This could all change in the future, so it's a matter of having faith in the company and team, I'm just talking about the present and the information we have now.

Yes its true that it wont happen over night. Zach estimated it would take 5-10 years to reach it full potential. I think they did have most their initial test clients signed up already, but we still need to see if they can attract quality content producers. Until they announce something we wont know.

Didnt they mention fiat gateways as one of the modules in their latest update? Royalties payments should be managed by the rights management platform. It was one of the selling points that all of that would be automated.

Once the modules are build, they company shouldnt have a lot of expenses, and so wont need a lot of revenue to make a profit, which could allow them time to grow.
There is of course always the risk that the project fails, but both startup and crypto investments have always been high risk.

without risk we can not run so avoid from this we must keep it in mind that high risk leads to us a high gain.

Sure and I agree that this is the time to get in if you are confident that in 2 or 3 years this project will get unicorn status. People who made it and got rich with Google didn't invest when it was a household name but when you could perceive the potential.

For Singular, I can see the potential but I don't think there's enough direction and ideas to take on the risk now, I would need just a little more from their part before I invest my humble share of BTC/ETH on it. There's also a fund that they could invest in other projects (I heard they wanted to invest in UJO, that definitely floats my boat).