Post
Topic
Board Tokens (Altcoins)
Re: ANN [ICO] [VZT] Vezt - Blockchain-secured Music Monetization Platform
by
muleroaa
on 28/12/2018, 01:02:20 UTC
The project works well, ISO are successful. But the liquidity of the token is very small, trading volumes are minimal. People prefer to invest in Fiat money, so the token is cheap.


They could have made some kind of system with buybacks and burns to make it profitable for everyone involved in the whole project. There has been absolutely no reason at all to invest in Vezt. The team did not raise the amount that they hoped for, but you would at least think they still would have their investors in mind while developing the platform. This is very disappointing.

Currently all ISO purchases are converted to Vezt for the actual purchase. This is done with a dev pool of Vezt for the time being.

The roadmap states that they will integrate exchanges with Vezt ISO purchases in the future. Which will put buy pressure on the token. There is a reason to accumulate some.

This has to happen in order for their token to remain a utility token, otherwise it will be deemed a security and subject to SEC regulations.



The dev pool of Vezt already exists. What happens when ISO purchases get converted, do these dev pool Vezt get locked up or something?

Where can I find the current roadmap? It does not seem to be on their website any more. Have they clearly stated somewhere recently that this idea of integration with exchanges is still being worked on and will be implemented in the near future?
They should have updated their platform to v.1.1 in this December. The team is focus on finalizing the app’s Payout infrastructure which will support payments to users for royalties received on their behalf as well as our ISO® analytics panels which will track the regular performance of titles offered on the platform.

Yes, but still no plans for a proper token utility implementation? It's really a kick in the nuts from the Vezt team...