Quote from: UrbanSi on October 24, 2017, 09:58:21 AM

Quote from: MarkoSI on October 24, 2017, 09:33:34 AM

First of all I would like to make something clear - I wish you all the best and also that your project would be successful. I do not doubt that your intentions are not honest, but I think you are not realistic.

What I wanted to say is, that you are to optimistic in your promises. Your whole idea relys on some PSD2 european directive, which probably will never be fully implemeted. You have to know one thing is theory which is written from EU birocrats, and other thing is reality. PSD2 directive was published already in 2015 - and we are about to enter 2018 - what has changed in this time regarding PSD2 directive?

And already in theory - without full implementation of PSD2 will your platform be just another application without real advantages for client. But nevertheless - do you actually know, how many regulations you would need to fullfil in order to be able to deliver all these services? I think not.

Regarding your experience - how many credit cards did you develop, how many online banking sistems did you develop? You are talking here about global platform - do you now what are differencies between countries? I am talking about technical issues, not about delivering "financial advice" - because your main exeprerience is in giving financial advices to retail clients, not in development of complex financial products. Do you understand difference?

Regarding whitepaper - if somebody tells me, that this whitepaper is one of the best ever, then I'm really worried about the entire ICO scene. Where is business plan? You are asking me to invest in your idea, so I want to see your business plan. Otherwise you are not asking me for investment, but more for donation. Yes - idea is clear, but how will you make revenues, what is financial plan for first year, second year and so on, cash flow. We have also agreed, that you will need to get clients - so how do you plan to get them...? Your answer is: "...There are two gropus - end users as described above with benefits posted in medium post, and financial adviser companies..." This is all about target bases? Are you serious...? You would not get 1 EUR with this whitepaper on serious financial market. Everything on your project is trying to be spectacular, but there is no concrete information - only ideas, expectations and wishes...and statistics which should make us belive, that there is huge market, just waiting for your platform. Reality is, that people are still very conservative, when we talk about money. Who will guarantee me, that working with you is safe for me, who is regulating you...?

And also what concerns me, is promotion which is based on 16% yearly return promise with no disclaimer - you can not guarantee this return, no matter what you say. I think you will have trouble with regulator soon. This is clear misleading promotion.

I must strongly dissagree with you about PSD2 directive. It WILL go in effect, but I belive that there is no bank that would do it before enforcement date - check this https://ec.europa.eu/info/law/payment-services-psd-2-directive-eu-2015-2366/law-details_en, so 13 January 2018 is the date!

"I am talking about technical issues, not about delivering "financial advice" - because your main exeprerience is in giving financial advices to retail clients, not in development of complex financial products." Mybe you missed one of my answers, and I'm not going to repeat myself on same page (My experiences, ABC softaver developent team).

"Yes - idea is clear, but how will you make revenues, what is financial plan for first year, second year and so on, cash flow", I'm really happy that idea is clear, because we have most problem explaining our idea because our product is so complex. Financial plans with numbers are in whitepapers? Could you point me to some. You must be really educated investor - so as I mentioned, you are welcome to visit us, or have a talk with our team memer/s about this topic.

"You would not get 1 EUR with this whitepaper on serious financial market" We are not aiming to financial institutions. Mybe if I must say, there was quite a lot of interest from big funds, but taht are different deals - not ICO's. So we are going for ICO first, then next step.

"Reality is, that people are still very conservative, when we talk about money. Who will guarantee me, that working with you is safe for me, who is regulating you...?" We are currently regulated as LLC in Slovenia, what is next - bank will be regulated as EU bank can be regulated. We are talking in future now...

Also a good article about PSD2 https://www.evry.com/en/news/articles/psd2-the-directive-that-will-change-banking-as-we-know-it/