Quote from: cAPSLOCK on September 19, 2017, 03:49:56 PM

Quote from: KeyJockey on September 19, 2017, 03:20:27 PM

If Fluffy's new Monero project for Globee gets funded and succeeds as they hope, it'll go a long way towards erasing any lingering bad juju anyone may have for his little inadvertent pump & dump prank earlier this year.

I'm gonna pitch in a couple moneroj later today: this kind of thing "more marketing" is exactly what the naysayers have been naysaying for-frikkin-ever that Monero does not have, but NEEDS more of.

So at the very least, this project ought to shut them up a bit LOL

I hate to bring the other side of the coin here but it needs to be considered.

I agree with this analysis, and I am excited in general. And have donated more than I have to any other project so far.

But if the deal goes south, or this fails becaused of any reason it will deliver a SERIOUS blow to the image of Monero. I hope they know what they are doing.

Asking the community for 4500XMR (currently nearly a half mil USD) and then not delivering would be devastating image wise.

By what measure, would you say, could it be deemed a failure?

Assuming that the funds are generated and that the project goes ahead i.e. that these global companies offer Monero as a currency, I think that would, in a big way, be a success. Whether profits are ever generated sufficient to either recoup Globee's investment and/or the Monero community, is another matter. From a purely trading point of view, I think such an arrangement (depending, of course, on just how big and 'global' these companies truly are) would generate tremendous publicity and speculative pumping.

I think the danger(s) might well be:

a)The project never gets off the ground despite raising sufficient monies
b)The companies involved generate little excitement among users
c)FP's reputation (and therefore, to a degree, Monero's) is compromised by his wearing two hats which might be in conflict with each other.