Quote from: iamcryptoman on January 17, 2019, 08:39:48 PM

Quote from: Ano on January 17, 2019, 07:57:06 PM

Quote from: iamcryptoman on January 17, 2019, 07:42:52 PM

Quote from: dzarmush on January 17, 2019, 07:26:19 AM

It's your mistake if you think you can cheat hundreds of investors and succeed. No one will trust you with any of your products until you make TRST token prosper first.

I think the staking mechanism with TRST on Spring will be an integral part of Spring. It's important for the team to attempt to gain as much traction on the platform. If Spring is the go-to donation or fundraising platform then the TCR that's being implemented will be widely used. People would want to see their favorite charity being recognized, so they'll stake TRST and vote. Compared to a lot of projects, the team is working daily on their product. If you look at their github you can see it being updated daily and even on weekends.

Even they are working on this product but due to low exchange support is killing the momentum of this platform. If they will hire a talented person for marketing purpose than it could help this to get back into same momentum where it was in the beginning of this project.

Agreed, marketing is essential to get Spring to be adopted by the crypto community. I've heard that in a later stage, Spring will possibly be turned into a fundraising platform like GoFundMe. I feel that it has great potential, just need the marketing as you said.

This is correct; one of our plans in the longer future is to accept more than just charities. The reason we chose charities is because they are generally the most trustworthy of the groups (out of charities, crowdfunders, ICO projects, personal projects), and they are the largest in market size. They can't quite "fail" like the other groups.

The concept is to apply a mechanism where funds are not fully released but rather over several milestones. For example, if I want to build a new device and raise funding for it and I set the goal at 1M, the funds would not be immediately released but released and locked over a series of milestones or timeframes. At any given time, the investors into this project can vote (essentially a vote of no-confidence), where the remaining funds are sent back. There are many scenarios where this can work out, and it is essentially a form of a "DAICO" but for all projects.

It can also apply to charities, which is why we targeted this direction. Millions of dollars from charities are wasted each year on marketing and branding, because people only want to donate to charities that they can trust. By implementing a system of accountability, there can be charities that don't want to waste money on marketing / branding , and instead focus on their goals, knowing that their funding will be released if they stick to their original vision.