It's a business and their ACE is the code. ColdCard put too much work to create the code that they have right now
Agreed! I am not against open source. The OP could release a proprietary product with private code, and offer some really cool features to go with it. But that requires trust that needs to be built up over time.
Hi! Not sure what you mean by vapourware - we spent a lot of time developing unique and security centric features for RingWallet that improve the overall UX and I can assure you none of it is vapourware.
I called this product vapourware for this exact reason. Product is still in design phase and they/you are looking for development funding.
P.S!!
When you incorporate as a US entity and provide the (expensive) documentation, I will remove the Trustpilot report and the negative trust. You must understand that all you have right now are words. I have been here long enough to see people convince naive others to do almost anything.
Hey Vod, the US company should be out next week and I will share it.
As for the other things you mentioned; it's not in design phase, we're currently in production phase. As for funding; yes we are looking to raise VC funds but I don't see anything wrong with that. First of all, with the exception of Trezor most hardware wallet go and raise funding rounds because to be able to run a hardware business you need to be able to manufacture large amounts or price becomes very prohibitive on a per item cost; and making even 20,000 devices is more than $1M so that's the main reason. Beyond that we want to be able to get some proper licenses since the end goal is to allow people to use the ring at a POS which is dependent on that. Second of all, we're not raising money from random people on the internet but from professional investment funds that do due diligence so again I don't really see anything wrong with that.
Anyway, I will share the US company details when it's done.