I like the fact that this project was base on POG and POW. In addition, I also like the concept behind it either i.e the three pillars which the project was meant to trigger but I don't know if you guys are planning to do an ICO in the future because I read through your site and road map nothing was said about ICO
Meanwhile, how are you planning to do the whole thing if theres no ICO now and in future?
Yeah, I was wondering about this. I agree with the other comment below about how blockchain projects need a lot more funding these days to really be successful.
Just look at the ANN section -- so many posts; so many fake projects ;(
Good news, the 1Mil (at least since the founder alluded to more internal funding available) - should take the team through most of 2019 according to an older AMA he did (link on discord- just ask in chitchat)
From the TechCrunch article:
https://techcrunch.com/2018/05/09/a-modcloth-cofounder-just-launched-an-invite-only-cryptocurrency/"Also interesting, to us, is simply how Merit is structured, which is as a self-funded nonprofit. Thats partly so its currency can establish a value organically, versus through a valuation established by outside investors. In fact, Wali says he has personally invested $1 million into Merit to prove out that Merits software can work. But Wali also says that unlike many crytpocurrency projects in the last year that have promised technological advances in white papers, he didnt want to discuss Merit publicly until he had already built it."
It's impressive to see how much movement is happening on the dev side knowing the runway and team size. They are showing how productive they can be with this. Very promising.