Post
Topic
Board Tokens (Altcoins)
Re: [ANN]🔵🔵 OYSTER 🔵🔵 Anonymous Storage Generates Revenue for Websites
by
brunoblock
on 29/11/2017, 16:36:00 UTC
Guys
If I sum up the situation

Project potential and idea is great, team is qualified, although "Bruno Block" is anonymous and could even not have this name.
Price ridiculously cheap now (sorry for ICO investors)
ETH raised approx. 250. It's very low, that lets small room for marketing, exchange fees, development...

Team did a BASIC error too, they released bounty tokens while the ICO was ongoing, this is not a good signal on how they manage projects. They lost lots of potential investing money doing this.

Marketing/communication is lacking too. Perhaps they're lacking of human resources.

And there is a big whale that could contribute the price to slip https://etherscan.io/address/0x00a477aa0492551fd1392db2fb6603dafbd0f7af#tokentxns

Conclusion: very risky project and some bad signals, but kinda one I'm chasing cause the rewards can be very high if what is promised come true.

What do you guys think?

Your post should take into account the substance of what the protocol does and how it works.

It was not a basic error, the original end date for the ICO was Nov 14 but it was extended to try to capture an investor pooling deal we’ve been working on for a month. It was still worth a try with minimal consequence since not much money was coming through anyways, no potential investing money was lost but instead we made every effort to capture a specific large investment pool.

I don’t think anyone could say communication has been lacking, instead people criticize me that I spend too much time answering people’s questions.