Quote from: Slow death on October 25, 2017, 05:48:39 PM

Quote from: Thule on October 25, 2017, 04:06:47 PM

The amount of funds they want to collect is just insane.I worked in the adult scene in my youth and was dealing with big players and you can trust me noone would ever spend $5.000.000 for such a service.Even not close to that.And they want to raise a total of $55.000.000 .Asking myself where people think will come the benefit ?
Adultfriendfinder which was #1 worldwide has been sold to hustler for $500.000.000 at glory days with all its customers and i know that they pushed their sales extremly hard by loosing profit to sell it at that price.Today they wouldn't even get 1/3.

So pink is demanding $5.000.000 for an app and plattform which barly will cost $200.000 .
Great deal isn't it ?

And hiding themself from public just shows they have no clue about that business.They could just open a company in Netherland,Germany,Switzerland or Spain and it would be 100% legal

I read and reread every thread and what came into my head was: Wow these ICOs are turning many scammers into millionaires.

as @Thule said, Why did not you open a company in a country where it was legal and so you would show your face?

And you're asking for a lot of money without showing your face.

Quote from: bradpink on October 10, 2017, 05:59:22 PM

Quote from: johnnywoo2015 on October 10, 2017, 05:22:27 PM

Please explain me more about your extrajurisdictional company? How this can be legal?
If you can really make it legal, this could be one very promising project.

Legality is defined on a specific jurisdiction. It's legal to sell Kinder Eggs in some places, but not in the U.S. Sex work, and all the surrounding work (advertising, accounting, payment handling) is not fully legal in any specific existing jurisdiction. And even if it were, even if Pink could be fully licensed in Australia for instance, it would still be offering illegal services in the U.S. The U.S. could then apply legal pressure on Australia to extradite us or otherwise cause problems. Or the next time we're travelling, they could grab us, even illegally. In short, it is not a good tactic to rely on the legal protection of a particular country.

To work around this, we do not operate in any particular jurisdiction. We are extrajurisdictional. Easier said than done! To get it done, we use tight opsec to ensure anonymity of our core team and server platforms. More details here: https://medium.com/@PinkApp/pink-app-trading-latency-for-anonymity-and-other-techniques-815ee21c6da4

By having a very small core team, we can operate outside of existing jurisdiction, and thus they cannot enforce their laws on us. Think of it as a pocket of cyberspace allowing cypherpunk libertarian values. As far as it being legal, that depends on who you ask. The US Government will not agree: We are offering shares that are not regulated by the SEC, but the US says we must register with the SEC. So it's an impasse. They insist it applies, we insist it does not. Unless they defeat our security systems then physically grab us they cannot do much about it. And even if they do physically grab us, we are setting up contingency plans to allow investors to select a successor team to control the platform and run it. Same contingency plan if we were to all suffer a heart attack or other disaster.

This is not our first rodeo, and our design as linked above has received very positive feedback. Once we are funded, we will seek a third party security audit, to assure people, even more, that our opsec remains onpoint.

being something that involves investor money, you should do things that do not violate the law

If you check the ann-thread I've played the same game, asked them why not get in a country where sex-working/support to sell is allowed ( Like the Netherlands ), their response was simple "what if the USA seizes the servers ( possible, but hard to do so by law) etc. etc. ).

Brad left no room open for it, this dedication in staying hidden, was the reason I directly moved out of investing.