Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Veredictum.io DECENTRALISED ANTI-PIRACY & CONTENT DISTRIBUTION PLATFORM
by
veredictum-cto
on 23/08/2017, 03:55:56 UTC
So it's like LBRY but you want the money up front (an ICO), and have ZERO actual product or proof of concept
Why the hell would i give you money for this over keeping my money and using LBRY for this problem for free?
Totally nuts haha
Oh well, have fun, i see you have no escrow either, wonderful Sad   

Not a penny from me! Gday to you sirs! Cheesy
Is it really like LBRY?? I mean they are initiating a good project but if they are not using the escrow then i am out of this project, i wish they answer the questions here.

regards,
Lee

G'day Lee,

Regarding escrow:

Funds and tokens are held under a multisig contract. There are currently 3 signatories, however we will be extending this to 5 by the end of the crowdsale per our Key Management Plan.
We feel that this is, in fact, a stronger security regime than a single-point-of-failure in an escrow arrangement.
For security reasons, we're not releasing the identities of the signatories at this time.

Regarding LBRY:

The distribution component of our technology offering is similar to LBRY in that it also has a custom peer to peer file protocol. Our protocol is optimised for video and is coupled with an on-the-fly secure key decryption regime to help prevent content leakage. Further details of this will be released when we can.

Cheers

Sam