I'm happy to learn that your project is using Byteball as your platform. Is there a reason why you need a token rather then GBYTE? Also, will there be a signal bot on the Byteball wallet as well or will notifications be exclusive to Telegram?
Thanks you!!
Q. Why we need a token rather than GBYTE ?A. #. The one of the reason is, about funding. We can use GBYTE, when we have the platform ready. In that situation, it would be easy to accept GBYTE in fees. Which will take some time. We consider the token, "as trust" among the devs and the community members. With Initial Coin Offering, we are trying to say, "hey, please buy Nemesis tokens, thus help us out in building a great product". People, who think we are competent enough to create such product, will contribute. We can not use GBYTE, to raise funds, at this point of time.
#. The circulation of the Nemesis tokens is governed by the Byteball network. If a user wants to use the bots/platform, s/he needs to get the tokens, for that s/he must setup a local Byteball wallet. For example: Even if the user is not aware of the Byteball platform. But because s/he is a crypto trader, so s/he adopts Nemesis Personal Bot. Because of that, they will come to know about the NMS tokens and hence about the Byteball. Therefore, if we succeed in our vision, we think that we might do some value addition to the Byteball adoption. It will try to get a different set of users to the Byteball platform. So, we can consider "Nemesis" name is another additional value associated with Byteball platform. This additional value will be, the value of our product. If we fail, we will be adding almost zero value to the Byteball platform.
Q. Will there be a signal bot on the Byteball wallet as well ?A. #. Yes, our plan is not to stick with the telegram platform only. We have slack bot, already in the roadmap. And we are now considering the bot for Byteball wallet as well (will be adding to the roadmap soon). We value the community inputs, hence every month we will release some features on community's demand.
We are completely open to discussion/change. You are welcome to join our community, on telegram :
t.me/joinchat/AbX3K0MOee_YoDf2pwUwLQThank you for answering my questions. Sounds like a really awesome project, certainly one that will bring value to our crypto community.
See you on telegram.