Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
Dorkie
on 25/10/2017, 08:55:38 UTC
With all due respect, NONE of those things are going to be necessary once some of these deals are closed and platforms are launched. Nice to have & beneficial? Yes. Absolutely necessary? Not really. We all know that a few press releases will do more than a whitepaper and website ever will.

Not that anyone will find any solace in this observation, but as Reggie said he lives fairly humbly. While you'd love him to spend a bunch of money on websites and communication and maybe even PR staff, it's kind of nice that he's being frugal and saving money in these departments. You can argue that spending money in those areas would or could be a net gain, but that is speculative and debatable and you can't blame Reggie if he disagrees in this regard.

I think Reggie is stuck in that position that a lot of business people get stuck in. You've given the presentations, you've done negotiations, now it's time to ink the agreement and make it official  and it ALWAYS takes longer than you want and than you anticipate. The things Reggie is proposing for the JSE are not trivial to implement, and generally involve a lot of parties that all have to come together to agree on nitty gritty details. Changing or augmenting these existing systems is vastly more complex than tokenizing a piece of real estate. Reggie wouldn't be continuing to make trips to Jamaica if it wasn't still progressing.

Once a few of these projects are announced and finished, no one will care if there is a whitepaper, website, FAQ, etc. Reggie provided numbers of his team members, I'm not sure why we need pictures and names of people we won't know or recognize to feel good about who he's hired. As Clif High aptly pointed out, you don't need to have a big staff to have a big operation.

The thing is, we all invested in VERI with the current website, with no whitepaper, knowing there was a small staff and no mature product/platform. Reggie never promised a new website or whitepaper or said he'd hire a huge staff. I'm really not sure why you guys have these expectations. Aside from being over-optimistic on some timelines, I don't know where Reggie has made any misrepresentations or mislead anyone to believe that there would or should be more, no matter how beneficial it may be. He's got his own way of doing things. Either accept it and HODL VERI or dump it... (not to anyone specifically, to everyone in general).

BTW, if it was my company I'm not sure I'd address or acknowledge the FUD. Sometimes that makes thing worse and there's usually little benefit.

If you can realize the reasons why he make tweets and Youtube videos despite no institution is going to read/watch those stuffs, then you will be able to start judging his actions appropriately.

Banking solely on closing institutional deals is very high risk. If they fall through, so will your "investment".

I do not believe Reggie is financially humble. During the ICO, he wouldn't even bother to entertain people that want to do small purchases (he totally ignored such small-timer participants). I don't want to state the details as this is private and confidential that happens to more than 1 person.

If it was my company, the FUD would be long dead already. As "dead" as many of those here that argue with me.