Quote from: P2PECS on September 16, 2022, 06:45:08 PM

I don't want to be the spoilsport but it seems to me that there is an elephant in the room that most see but no one talks about. And it is simply that no one in their right mind is going to invest in a business that as of today generates $0, which is just an idea.

If they came looking for funding after they had started, and generated some money, maybe someone else would be encouraged. No wonder the bitcoin address has received only 0.005 BTC. And they are talking about $130k in salaries per month? I as an investor wouldn't mind contributing to pay those salaries but to someone who proves to me that they make money, not that they just have an idea.

If the people running the project think they can generate that much money just for salaries and more, what they need to do is start, prove they make money, and then and only then, if they need more money to scale the business faster or whatever, look for funding.

I don't know if you have seen Shark Tank but the most important thing the sharks consider when investing is how much money the business generates. Ideas that do not generate money today, no matter how good they may seem, do not usually attract investment.

I do not want to point out only negative points, because I have to say that the project seems honest, although naive perhaps, well worked and well presented.

But something else comes to my mind: it is said that there are reputable people in the forum involved in it. I doubt very much that the reputation in this forum from which they can disappear whenever they want is worth more than 7 BTC.
Very well said. I think that this idea comes from the ICO era, where projects used to gather investment while the project was being built along the way, and we all know how those went.