Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VTR] vTorrent - Share with freedom | 2FA | HD | @Bittrex
by
dickwhite
on 09/04/2017, 02:38:58 UTC
I do plenty of research to find valuable undervalued projects, but the way you guys are describing the incentive system, it is not worth my time to do the research on this one. It will never catch on or become popular if leeches have to pay, or if too much inflation is used to reward uploaders/seeders. Either way, this project is doomed. Maybe that's another reason for the low interest and market cap...

You haven't done enough research.

Yes, people can still use the pirate bay, a cat and mouse game increasingly in favour of the cat. That's not who we're after here. I know plenty of people who pay real money for access to private torrent trackers because that's usually where the good and rare content is. And I know far more people who purchase digital music, movies and books. Vtorrent aims to provide an integrated platform for content creators and consumers that's easy to use, private and secure, where people can buy, sell and share content free of censorship, regional blocking, and industry harassment. And this market is huge. 5% inflation is nothing next to the potential growth of users.

The current low market cap is probably because there's been zero marketing. It's difficult for a small project to stand out in an ocean of alt coins. Also, development has dragged on for 2 years. I'm not saying that disparagingly. Torrent on blockchain has never been done before, and such innovation takes time. I actually like that the dev team has been methodical and low key with releases and info. It's not healthy to hype a product that doesn't exist or function correctly. When we have a working beta, that will be the time to crow. And I believe it's soon.