Quote from: bertak on June 20, 2018, 06:43:10 PM

Quote from: Crazy_JabJab on June 20, 2018, 03:30:44 PM

I honestly don't get the mentality or thinking process of people who think that they will get instant profit after ICO sale end. If you want a fast profit trade current crypto - buy low, sell high. ICO is for hodlers you have to think of it more as of shares. The difference - it is more friendly to small investors. Everything else mostly the same, some amount of shares will be given to patrons, advertisers or someone else who can be described as 'product development helpers' as it is more financially acceptable for a new and developing business than paying money. Now if those individuals or companies want a fast return they wont hold the shares for sure, they will sell it for whatever price because they simply did not invest anything and for them any return equals - profit.
Now in order for share price of a company to rise you simply need some time for them to generate actual income.

Same goes with ICO's - not a pro investor I limit my investment to 500 per year and I usually pick 1 or 2 ICO's witch is a stupid idea according to professionals as you doomed to loose money if you invest in 1 place. Yet I use my simple rules to pick them - 1 team competence;2 how new the product or idea is; 3 can it be implemented and would be used by wide variety of users in everyday life;4 the stage of a project, is it just an idea on a paper, a startup or is it already in development and has something to show. I usually go with it if 2or 3 checks out did not have any loss so far. Started with NXT back in 2013 and held it - sold las year, second one was IOTA in 2015, and 3'd was XLM - what I'm trying to say is most if not all of ICO investments took at least year or 2 to be profitable.
I just simply dont get this cry marathon over prolonged XYO sale and not listing on big exchange, even if they did everything according to the schedule you still can not expect to fast profit even if price is doubled in 2-3 months you still cant buy that moon lambo you want so much.

Sorry for my English.

The cryptocurrency market is different from the classic market with fast profit! Very often, long-term projects do not bring profit and die. That's why we're worried.

Hey there, that's not actually true. I cant comment or speculate on what will happen in the future. That said, the best organizations focus their priorities on: 1. The customer (end user using the token) and thus growing the ecosystem, 2. The contributors that grow the network, 3. The token holders (those who stake and create value). If you focus on them in reverse order, it is artificial/superficial value.

Quote from: Noway159 on June 20, 2018, 07:02:23 PM

How will the business work when everything is completed?
Will industries, let's say Logistics, pay XYO to use their service but then have to use XYO tokens to use the location data or is it a case of industries simply only having to purchase tokens (in which case XYO won't be getting paid by them)
Would love to see the business plan. Not the whitepaper.
As a simple question, what's the business model please?

Thatll depend largely on the use-case. At least initially, XYO expect to be one of the only providers of XYO Network hardware, at least at the scale needed for enterprise-level implementation. Enterprises using the network would be paying for the hardware, but paying the network (in tokens) for the service.