Mshanthi, we've known each other from the very beginning of EDU.  I am pleased to see your active participation in this community now.  I know your background and have encouraged you to do whatever you felt was necessary. As far as communicating updates and vision, I think the simple roadmap is clear. Although we passed our stated deadline, that's nothing new in any organization or technology. Delays happen. I do not lose sleep over these details, because in the bigger picture, things will happen as they are meant to happen.

Along with a a growing number of people in this forum, I believe that EduCoin will make an impact on education everywhere. It will take time. While I have been doing my day job, I have also spent considerable time going through my network to recruit talent. This is a painstaking process, and I can tell you it's a lonely road to walk when our community of supporters ask "When" rather than "How"?

Please continue the discussion, and those of you large stakeholders checking in to see how much or how little your pile has grown--the news is all about you.  Why haven't you given some to students yet?  EduCoin is and can be so much more than a short term profit vehicle.

--Edumoto


Hi Edumoto,

I am trying to help you and we want you to lead the development. When ever you say "you to do whatever you felt was necessary"..it doesn't work that way. We need to act collectively.
You need a developer and if you think a huge bounty offer is going to help...let us know we will make it happen.

You have to share your concerns we might be able to help or someone will jump it.
I hope you understand where i am coming from.

Thanks.

I'd also like to add that although I encourage distributing the coin into the community I dont think the 1.8 billion EDU for sale on Comkort @ 1 satoshi followed by the 300 million @ 2 sats is the way to do it.

Cmon people, use your heads. 2B of any coin offered @ less than 2 sats is a recipe for disaster or even worse a fast track to a LTC market. If you care so little for the coin that you will let it go @ 1 sat how about just offering it up for a bounty to find a developer to switch the algo.

Lets break down the math and assume you could get people to drop in to Comkort(does anyone trade here?) and buy 100,000 EDU @ 1 sat. You need 18,000 individuals to buy 100k each to clear just the EDU for sale @ 1 sat. Comkort probably hasn't had 18k transactions since its inception.

The other side of the math equation says that if EDU only reached a value of 1 penny(I'm expecting at least $1) then 1.8B EDU will = $18,000,000 

Understand that like every commodity out there, psychology plays a big part in a buyers decision. If it looks like you dont want your EDU, why would someone else?
Have some respect not only for the coin but also for yourselves. Pull orders below at least 5 sats, jeesh.


Famous quote from every buy high sell low noob that has come and gone in alts "I can't make any money in crypto because I have to sell all my coins for less than it cost me to buy / mine them....the world is so unfair. I'm going back to flipping hamburgers"

the next move is yours...

In regards to getting help, I encourage any of our community to communicate with others and develop leads, resources, and talent. This is what communities do best, and I will contribute wherever I can.

Edumoto