Quote:
Originally Posted by unta8
Hey, just wanted to bump this thread. Market agrees with me. Almost nobody is trading this scamcoin. There have been like 35 trades on cryptopia in the last 10 days and less than .1btc in volume in that period. I’ve actually never seen this low of volume. Congrats on your Money grab ICO Brett, and sorry for anyone who gambled on buying your tokens to begin with.
We are doing what we outlined in our white paper and we are focused on our longterm objectives. How many ICOs do you think:
Have a working product
Exhibited responsible treasury management
Are doing what they outlined in their white papers
We had to make difficult decisions due to market conditions in addition to events specific to our project that slowed our momentum. We were not a mega ICO by any means (~6k ETH raised) and to focus on hype marketing in this climate would have been disastrous for our overall chances of success. Almost every project that raised at the same time as us is down 90%+ as well - these markets are incredibly inefficient and everything moves in tandem (for now).
We are building out our Augur integration, which I think a lot of poker players will find pretty cool. We aim to make it easier for users to create and predict(bet) on Augur markets. We are also exploring options for an off-chain orderbook, which would solve a lot of the scalability issues currently found on Ethereum.
We have laid the foundation in terms of infrastructure, SEO, design, and analytics. Our focus now is entirely on on-chain behavior, starting with our Augur integration, which will open up a ton of cool opportunities for the XBP ecosystem. We have a strong team including six full-time developers and we post our progress on Medium every week.
I believe that the hype marketing game and announcements of announcements has died and won't return. The next bull run will be predicated on actual progress and adoption. It is much easier to market a great product than vaporware and our focus is on delivering on our promises.
Cheers,
Brett