Ninjastic
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Board Tokens (Altcoins)
Re: [ANN]PumaPay - 🚀🚀Comprehensive Blockchain Billing Protocol 🔥🔥
by
ayoubouni95
on 14/03/2019, 10:36:13 UTC
Quote from: Boqueron on March 13, 2019, 07:03:28 AM
Quote from: ayoubouni95 on March 12, 2019, 11:13:27 PM
Quote from: TheRedCanary on March 12, 2019, 02:20:07 AM
Quote from: ayoubouni95 on March 11, 2019, 11:46:30 PM
Quote from: Leftneck on March 10, 2019, 01:13:47 PM
Quote from: ayoubouni95 on March 09, 2019, 04:28:10 AM
Quote from: obsbtc on March 08, 2019, 09:25:00 PM
Did you have the chance to see one of the latest Tech Updates? Smiley

Its good to see PumaPay developers are being relentless on bringing one of the best crypto platform by continuously improving the product for the benefit of all its users. Smiley
Hearing that, the PumaPay development team continues to improve its products for all users, of course that is a positive thing and I hope the development team continues to develop its products further

As this project grew further, I think that together with the support of the community it will have significant achievements alongside with major blockchain platforms but also we must keep in mind that the company should manage its finances well to avoid financial difficulties that may arise later as we've seen on some crypto projects who had crumbled due to poor financial planning.

Yes, this is a very good point. And PumaPay takes full responsibility, rest assured risk management is something they take very seriously.

I guess so. But not like traditional companies who had financial statements for the stakeholders to see, in crypto projects I haven't seen any published detailed financial statements made by them and that could pose a possible  risk to the whole of its stakeholders.
Great point, Ayoubouni. Good finance management is as important as the ability to produce. It is important to keep in mind that utility token holders are not stakeholders, but perhaps some insight into an organizations finances could be beneficial. The complicated part is that it's not always in the best interest to share this information with competing companies. We'll see what changes come to the token sale process as we go.

Yeah, If only these crypto companies could provide accurate and verifiable financial statements and also by being transparent, then it might attract more  traditional investors which could boost the whole crypto economy.