-snipped-

-CB

We are going to close this thread as we don't see it as very useful. If you have any bounty questions, as always, private message us on here. Company updates and discussions will be posted on telegram and social media. Our thread will be reopened shortly once we are ready to have beta discussions as well as bounty payouts!

Malta- you are correct, we did mention it in the past update... As I said, we are waiting on some laws and regulations on their end, nothing we can do to speed up their process. It's not a simple overnight task.

I honestly don't know what to tell you besides reiterating the same thing over and over. I've explained NUMEROUS times to you over the course of this month, in which NO NEW information has come out on our end. I'm not sure if you follow Maltese Law, but they are undergoing massive regulation changes involving crypto. We can't simply slide by that, just like how we can't simply slide by US regulations. We've spent a ton of money on lawyer fees getting everything sorted on our end for both US and European law.

You're still coming back to us complaining about money, when I gave you a explanation just a few weeks ago, and yet you are going to fire back with the exact same statement. A year ago you seemed to believe you could start an exchange with less than $10,00, maybe now you understand that's not quite possible by watching our downfalls.

Both my team and I understand you don't like us. That part has been the most obvious for over a year while you continuously hit us down with nasty comments, whether the news was good or bad, further damaging our brand. Our contributors have a much better attitude than you, rather than constantly hitting us down at any given opportunity, they are sticking by us, not screaming about money and are giving support.

You're right, we only got 50k left, and I can tell you right now we got even less than that now that a few weeks have passed since then. It's going to be very hard to get off the ground now as volume would be very low as we have literally nothing left to actually pump volume into the exchange. Either way, we are pushing forward. Even with the laws, regulations, and money against us. Our contributors all have the up-to-date information and we will keep pushing forward until we either launch or can't push anymore.

We've been working on this for over a year now and are not going to let one developer make make us "lower our heads in shame", if that's the way you perceive things then maybe you should go ahead and put your head down yourself.

-CB

Hi, we keep people updated via Telegram. Weekly Reviews have not been posted because there's nothing to review. Development is moving 7 days a week, but beyond that it's pretty slow. No new partnerships, agreements, and Malta is on hold as well until they release their new set of laws. We are doing our best to bring a quality exchange for everybody. All of this information was given to our contributors and followers before we stopped sending Weekly Reviews.
I was hoping this past week the devs would be far enough to provide screenshots/video of the exchange, but it seems they're not quite there yet. By the looks of things it looks like this coming week our production environment will be ready to view so I can send some images out along with a Weekly Review.
As for contributors, if they've been following us on Telegram and/or asking questions, then they should be fully up to speed on the progress. As per our terms, contributions are not able to be refunded.
This coming week we will also release our new site (the pages that do not touch exchange functions), which should be done by Friday.

All of those updates our been posted on our Weekly Reviews, we will not continue to remind you about bounty payouts or launch date in official company updates. All of that info has been covered numerous times, and has not changed. As always, people on our Telegram can ask their questions freely and many topics have been talked about in the past week.
As for money, we can see about releasing a public financial document, but nobody has bothered to ask. A lot of money was lost during Bitcoin’s drop in December-February, around 100k, that’s slightly our fault because we kept all funds in crypto (we no longer do that). Money spent is obviously scattered, but we’ve kept track of everything so some sort of pie chart can be made for the past, and future. Money left is around 50k.

Our Weekly Review was just posted and includes many updates and answers to questions!
https://medium.com/bitmora/bitmora-weekly-review-june-4th-2018-931f070aa9d1

We’re going to get the beta platform out ASAP to contributors, however launch itself will be a very comfortable 4-6 weeks after. During beta we will slowly start to push out our education platform. We will ensure this can not happen again.

Our Weekly Review has been posted, and we will keep you guys updated on this situation over the coming days.
https://medium.com/bitmora/bitmora-weekly-review-may-28th-2018-56da5c288c0e

Hello everyone. As you may have noticed, our scheduled beta launch did not happen. We did not foresee this and we are not proud of it ourselves. One of our head developers had an issue arise and without him here on Saturday, launch was impossible. Our team went to sleep Friday night expecting to wake up to a functional exchange but instead woke up to a nightmare scenario that not only disrupted our team’s holiday weekend but also served as a major setback for the entire project.

We have already started hiring new developers to help us move forward. Two weeks ago, we said we would make up for the delay by adding new features and polishing our user experience, and we did, up until Saturday. No one on our team planned for this, and we are all filled with regret and disappointment. With that said, we must move forward. We expect to have a platform ready to bring online later this week, however trading might not be immediately available. Trading should be enabled shortly after platform release, at which point beta will officially launch and will last an expected 4-6 weeks. Beta will only be open to contributors, and we expect many several changes during this period, including both UI updates and the addition of new features.

What happened Saturday hurt our contributors, investors, bounty participants, and us. The followers and supporters of Bitmora makes for a rather small community and we rely on each and every one of you to spread the word of our movement throughout the crypto community and we feel we have let you down. We will make this right, but we have a lot of work to do internally to make that happen. We will keep everyone updated over the coming days, we hope to have good news soon.

Hi, on Page 7 you can find an update regarding our bounty. That statement still applies today. Payment will be in ETH, however, that does not change the rate of time in which we will pay you guys.

Hi, we don't plan on having another delay. So just sit tight and we'll be launching in the next few days!

As we haven’t launched yet, we have not conducted any audits. Once launched, order books will be routinely audited to ensure everything stays in check. We’ll also conduct 3rd party audits after launch regularly, more information on auditing and monthly financial statements will be discussed more in depth after launch. Once we get going though, we will have a monthly, and quarterly schedule that we’ll follow.

Hi, yes we will have phone support at our launch.



Bounty distribution will begin after our launch.


Because we are a centralized exchange, our source is closed to the public to prevent any security leaks. If we launch a token in the future, that would then be on Github.

Right now we have a team of just of 10 people.

Hi, we allow public polling, there is no need to be a contributor/investor to have the ability to vote.

Yes, our token would be integrated into our voting system to bring a true, Blockchain built voting system.

Hi, yes we will be launching with a mobile app for both Android and iOS.

Hi, after our launch we may consider doing an ICO.

Hi, we'll be closing the contribution portal this Friday, so you only have a couple days left!