Hi everyone, Happy Fourth for those on this board in the US.
As I sit and reflect on some positions during the downtime between festivities this afternoon, one of the things I wanted to do was inquire as to the state of this project. The opportunity cost of holding seems to be tipped on the wrong side of the line for the first time that I can remember.
I've been backing this project, and this team, since the genesis block. I've really appreciated other projects like Enigma, Polymath, ChainLink, Encrypgen, and hold DNotes in the same esteem. But, after over 5 years of HODLing, there comes a point where analysis of the initial logic is needed.
Hoping to hear some validation of the growth prospects DNotes still has. The price action, during a parabolic move upward for the space as a whole, has stagnated during the same timeframe (beginning of December). Board activity, social media inventiveness and proactive marketing, seem to be tailing off as well.
I tried reading stuff from the last few pages, and the answers are exhausting and overlong. Separate the umbra from the penumbra. Concise statement of direction and prospects.
Thanks MiningHabit for your support all of these years. It has indeed been a long road chock-full of challenges.
The short and sweet answer is that we have not acquired the investment we are looking for in order to push DNotes forward and the pushback from investors is mostly that we are not a proven revenue generating company. Not exactly surprising, but we were certainly hopeful we would find the right investor that could see our vision and potential. So the focus now is to make DNotes Global a revenue generating company. We intend to do that with HERo, not only as a revenue generating media site but also building a collaborative membership program into it. The project is well under way and we should be able to launch it fairly soon. In the meantime, we have been growing our network in preparation for the launch.