Post
Topic
Board Announcements (Altcoins)
Re: ☘️☘️[ANN][OHM] OHM WALLET - Changing The Future Of Monetary Value ☘️☘️
by
zecon
on 31/07/2017, 23:04:30 UTC
Here's where we're at! Apologies, again, for the sporadic nature of updates. We've got a lot going on. Here are some highlights:

  • We are developing our own software to manage social media and host the organizational/project side of things.
  • We are in talks with an RFID developer about potential applications for OHM. Don't expect anything out of this soon, but we're hoping to develop some innovative real-world applications based on this exciting technology. Since this was mentioned in a previous update, progress has been made, in that we are now actively talking with a developer instead of "planning on it."
  • We've backed off the exchanges, somewhat for a number of reasons. The feeling is that we may have progressed a little too quickly, which resulted in our hitting a wall with the more high-volume exchanges. We have lots of talent, but as a volunteer organization, coming up with the bitcoin to fund premium listings is proving problematic. So, we're trying to get a little more cohesive first. With that in mind, next item:
  • We're looking into incorporating as a not-for-profit organization, then moving on to the 501c (one step at a time). We've got some potential sources for pro bono legal assistance in this process. Once this is done, we'll be launching a patreon account, and start accepting donations. In the meantime, given the lengthiness of this process, we might consider operating as a general partnership, but more information is needed on the particulars of this: it's potentially high-risk.
  • We're still hard at work on branding. Not much more to say about that, other than we want to look spiffy. Also, sound spiffy. Videos, music, and a more coherent visual theme are all WIPs.

Thank you for bearing with us and supporting us with your continued questions, involvement in the community, etc. It's deeply appreciated. I know it sounds like we haven't made a lot of solid progress, but the truth is that we've got a much more refined mission (and more specific, short- and long-term goals) than we've had to work with in the past.

I don't think anyone is against the dev team paying to get on Cryptopia as it would be well worth it no matter the situation.

This coin has momentum, let's not lose that ;-)