Quote from: LordPower on November 27, 2018, 07:52:06 PM

I am beginning to wonder about this project and hope its not another Pump and dump scam, hopefully a dev can clear this up:

1. The summit was November 8th (20) Days ago, no XYO tokens have been sent to the E20 Address as promised within (2) Weeks
Along with this the team promoted PORTIS, now abandoned this and went to a google chrome extension, Why?

2. The coin that you get for investing in the project, its a Minted coin, decided after other discussions on discord to have it appraised, $1.50 USD, this is why there were able to mass produce them, at the summit they were selling the coin for $75.00 a coin

3. The technology is smart contract based with the sentinels and a main node, from a tech stand point this is nothing more then a raspberry PI and some tiles you find on amazon, you would think a 20million dollar company would 70 employee's would have a main hardware vendor they would partner with. Oh forgot to mention they were selling this for $400.00 at the summit, price on newegg $50 with RPI and 3 tiles.

4. There was a ton of cash spent on celeb's and the venue/party at PARQ night club, all a part of hype??? Aka Ed Helms, and Dennis Rodman.

Last and most important is most of the employee's are very young and have not worked at XYO for more then a year, most of them just a few months, I am not sure how this project is going to go to the moon when it relies on putting these tracking devices (sentinels) into the hands of everyone. As an investor I am glad I only spent minimal amount, I hope that they come through with their token promise and actually send the coins to boost confidence and show us why XYO is the NEXT BEST THING.

1. This is incorrect, the spatial bonus tokens have been sent out and can be verified by looking at XYO's contract address on etherscan: https://etherscan.io/token/0x55296f69f40ea6d20e478533c15a6b08b654e758 the 1,000,000 token movements are proof and distribution started on the 20th. The team hasn't abandoned PORTIS and are in close communication with them in regards to Save Rasheed.

The technology behind XYO is much more than just the hardware aspect. The software that helps push xyo onward is just as critical along with blockchain technology. XYO has also stated that anyone can build their own sentinels, bridges, diviners, etc as this is open technology. You don't have to buy the mining kit in order to participate, in fact there are community members that are building their own sentinels, bridges, archivists, and diviners. So once again, the mining kit is optional for those who simply want to plug and play, you can build your own.

What's wrong with a bit of hype of promotion? XYO is most certainly not the first and definitely will not be the last to do this. Nothing wrong with creating excitement for a product utilizing celebrities and parties, every tech company does it, nothing wrong with that. I definitely understand your concerns, but, to say that this is a pump and dump type of project is just not accurate, especially given the current state of the market. Yes the team is young, but, so is blockchain technology, we're still in the baby stages of this and XYO is looking to improve on a technology utilizing fresh and young minds with a fresh and young technology. Please stay around, they're just getting started Wink