5 months is not a short time. We have lost all the momentum that this coin should have had from the start - we were promised a massive marketing and social media promotion campaign which has been put on hold indefinitely because of this enormous wallet debacle.
Agreed -- I was not part of the original launch so I have no idea what was promised. Which is why I'm a fan of "underpromise and overdeliver" -- managing expectations and demonstrating that you're doing what you say you're going to do is critical. It's why I'm trying to be as transparent as I can with the GIVEcoin community -- getting that wallet to build on Mac OS X might be a small thing but I would rather give people small updates as we go along instead of saying nothing.
Those of us that have been here since the launch will remember that this coin was launched with an IPO and 26 BTC were invested by supporters such as myself. Those funds were supposed to pay for the development of the coin and production of a working wallet, ie to pay a developer, not for a "volunteer" to dabble with the wallet in his spare time. 2 BTC of that was donated to charity leaving 24BTC which equates to approx. $12,000 and I for one would like to know where that has gone. If a developer is being paid to produce working software there are no excuses for a properly tested, fully working wallet to fail to materialise in a timely fashion.
I will concede that the latest wallet to be trundled out looks very pretty but as far as I can see the differences are purely cosmetic. I would much prefer to have kept the old wallet design and concentrated on making the thing work properly than on having fancy graphics. As people STILL seem to having problems with syncing and checkpoint errors I would like to ask if there have been any changes made other than the look of the thing? We also seem to have completely lost the banner advertising space on the wallet which was part of the original big idea - has that now been abandoned??
Yes, Clean Water Coin is a non-profit organisation, but its whole concept is based on the coin having value. If there is no exchange or way to trade then how is the coin supposed to keep its value at a decent level? Unless the coin has value then all the charity donations and trading fees in the world will amount to pennies and do nobody any good at all. This is why we have to be able to demonstrate to Bittrex that the wallet and coinbase are stable and working ASAP.
That's good amount of background that I think a lot of people will appreciate. In theory CWC should be accounting for those BTC in their disclosed financials as part of being a non-profit? I think its a fair question of Zach to answer?
BTW - I just announced the formation of the "Strength in Numbers Foundation" a MN non-profit that will be inheriting the GIVEcoin project and will be seeking 501.3c status. I'm definitely taking notes here on how we should run it :-)
