Quote from: Coldsnap4457 on September 22, 2017, 08:58:42 PM

Quote from: asymmetricMustache on September 22, 2017, 07:55:53 PM

I am also paying attention in upcoming auctus.org presale, i think they don't have a minimum investment and they already have a product being developed
I was looking at Centra but I don't think it is a good reason to invest just because mayweather advertised about it

The way pension funds are managed and administered is very complex. Acutus.org wants to replace the way employers do this. To do this, you need a corporate sales force with highly paid sales reps, inside sales and technical sales support, who know how to sell complicated solutions to multiple people in an organization, that take months or years to close. No company is going to replace the way they manage pensions just because some startup wrote some smart contracts.

Centra wants to do the same thing as Monaco, TenX and Change Bank. This space is getting too crowded.

Anryze wants to do speech recognition? They want to compete against Google? Good luck. And the need for a new coin to do this is not compelling.

I agree about Auctus. Pension administration is a great use-case for the blockchain, but it's a market that'll be very difficult to enter. Not only are you dealing with corporate clients, but you have beneficiaries that are counting on their pensions and/or 401ks for their retirement. The optics of having a startup manage this process for you will make it a very tough sell.

I also know for a fact that one of the largest pension funds in the world is already exploring the blockchain for administration purposes. I don't know what their specific solution is, but I know that their risk/compliance department would have issue with utilizing a startup.