Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr
by
whive
on 31/10/2014, 16:18:21 UTC

Hi Pesa Community Remnant,

Due to the events of the past few days(including an UNEXPECTED intervention from a Pesa Investor) I would like to make the following clarifications, comments and offer the following way forward:

Firstly the addresses I POSTED for donations belong to Jake as we(community in Skype) agreed that he was the best suited to hold the escrow. So there was no scam here Roll Eyes.

Jake and I fell out on the Issue on OP design as he insisted that it be included in the new OP. This was not possible as the designer was not fully sold on Crypto and needed some deposit which is the norm in design world as per my experience Undecided.

The new devs though competent in ALL the programming skills required have never been involved in Crypto and were skeptical on where Pesa was headed. Therefore there was a need for all of us to manage their risk by meeting some of there expenses over the next few months i.e. 4BTC and giving them a stake in Pesa i.e. 1M-PESA. Pesa was not enough as the value was so low that it could not guarrantee meeting their expenses during the revival period. I think any fair and objective person may have found this request reasonable.

This brings me to current events, I have witnessed alot of Pesa exchanging hands on Bittrex I even managed to snag an extra 300K Pesa myself which I will donate equally to the team of 3 remaining Pesa team members. Due to lack of CONFIDENCE in my person by key members of this community I am now reverting BACK to my Investor role in Pesa and will NOT be involved in day to day management as originally planned.  I may however contribute strategy and the SMS/USSD Gateway code when it is needed in the future.

I trust those who have been buying Pesa the past few days are more SERIOUS Investors and have some faith in the Whitepaper I wrote and shared a few days back here.

I also have got USD100 from the intervening Pesa Investor for them to meet their expenses during the delivery of the 2nd milestone. I hope the other new Investors will consider donating both BTC and Pesa to the devs once they FULLY deliver on the next milestone. This PEOPLE is RISKY/HEAVY/STRESSFUL work coming from the rock bottom, but if anyone can these guys can. They have built multiple solutions on top of M-Pesa in both Africa and Asia and I trust Crypto offers them an exciting opportunity to take mobile money to a decentralized platform according to the goals of the whitepaper.

Community support was and is KEY and I hope sufficient number of the community will be staking their coins(especially for the testnet) and assisting the devs along the way. Cool

Pesa will probably be DELISTED on Bittrex which may be a blessing in disguise as it will allow the devs to focus on building the decentralized mobile money platform while shifting focus away from the market price(FOR NOW) and greedy/desperate market gougers.

Indeed Pesa is a reasonably fairly distributed coin and with the recent dumps I am sure a revised analysis will reveal the coin to be even more fairly distributed. I personally have holdings of about 340K Pesa and I look forward to the day when Startups, Telcos and Exchanges will be attracted to hold Pesa because of the VALUE the devs will have added to the platform and not just UNREASONABLE SPECULATION!!!

So in conclusion having already contributed the Whitepaper to Pesa I now leave it in the hands of the devs who I expect will introduce themselves SHORTLY.To those of you who are BITTER with their experience in Pesa and sold all their holdings I wish you best of luck in your future Crypto endeavours; just REMEMBER like you I was and STILL am an Investor and I have done my best to save Pesa and I hope that you will be back as Investors at some point in the future...

Salute!
Whive


PESA WHITEPAPER 2:https://mega.co.nz/#!l5onzAxR!iQQbQdlJLBt2k2-xWExAlxiEAAoBHSDkt9tDvfOJ0yk