Waou. This is a message. And I am very sorry but to me none of this makes sense.
1. Yes, we are 11 days late on the listing. We took more time, it took more time, at least more than we expected. This has been announced, discussed and delayed already.
2. This is really a strange comment. Why do you need a market price to trade something? the price is whatever the miners and people agree on.
3. We haven't sold any single $ of X-CASH. So whoever sells X-CASH bought it (or mined it, it's the same eventually). And whoever buys it, is buying and betting on the future value of an asset. EVEN if X-CASH was a potential scam, that would only mean buyers are buying at a heavy discount in the hope that the SCAM event doesn't realize and they can multiply their bet. Same as with penny stocks close to bankruptcy. Truth is, if you do your homework and background check the team you will see we are far from being a scam.
By the way, how can you call it a scam given we haven't raised a single cent yet. It's not like we are going to run away with the money that we don't have. We have only burnt funds so far.
Your comment about the company funds doesn't make any sense either. Then why aren't you going through all the ICOs posts and complain about the fact that they can easily dump their stake (which is most of the time more than 20% by the way) considering on top of that that their bags are full of money already? This has been said over and over, we will quarterly audits our funds when listed. Our goal is to stay here, for a while.
1. So how does trading go? What is the price? Where can you send me link to verify price of X-CASH at this moment? Who agreed to price, and WHAT is the price?
2. Every normal transparent ICO provides locked up timeframe for specific funds together with wallet addresses so they can be checked. Where are those addresses and where can I check that you didn't sell OTC (on your own discord channel) a single coin? If you can provide links that would verify what you say, I will apologize to you.
3. Your arguments don't have any sence. Anything over 10% premine is sick and people dont' want to get involved into it. Just look around threads here.
1. Trading involves buying and selling. Whether you do it on an exchange, a Dex, a trading channel or with your mom and friends, this is trading. The fact that you do it on an exchange doesn't make it "better" or more legit. Being on an exchange doesn't give an 'intrinsic' price to the asset (it seems this is what you are looking for). At best it gives you a clearer view because you have a history and a snapshot of the trades. So I don't know how to further answer your question, unless you want to debate about the philosophy of pricing.
2. I think we have tried to be transparent by providing a detailed view of the funds. And more particularly the ones dedicated to the team which will be unlocked if (and that's a big if) we can reach a market cap of 10m USD.
If you understand the technology behind X-CASH, and all cryptonote coins in general, you should understand that there is no way to check the balance of an address directly. There are multiple solutions to overcome this. The best we have come up with is to provide quarterly audits of the funds. We are also thinking about using a third party in the future, or generate transactions on a frequent basis on the blockchain and provide the view keys.
3. Please do not make me waste my time on this. Go to any ICO listing website and you will see that the crowdsale rarely (if never) represents more than 80% of the supply. But this is not comparable to us, because they already have funding for the project. That's to goal of the ICO right? So the funds they keep can be used to whatever they want. On our end, we are not gaining public funding (unless we can attract some private investors) so these funds will be truly dedicated to the development. I don't know if you notice the difference.
Happy to continue this discussion. The Internet is a free space but people think too much they can throw in false allegations without causing harm.