I know there is an office in Korea, but do not do anything there?
Why do not they try to do the Korean won deal?
Only upbit btc market exist in Korea.
What does the dct team do? Make an effort to increase the value of the coin.
Dct coin keeps prices that are called garbage coins, why does the team make no effort?
Thank you for voicing your concerns and questions. This is the right way to have a discussion.
To address your comments...
The Seoul, South Korea office was only opened in August of 2018. In that relatively short time period, a good bit of announcements have been made of its progress. A few highlights include:
- "DECENT introduced its Korean representative, Joo Hyun Oh (John Oh), who was instrumental in establishing a presence in South Korea and setting up its newest office space. Mr. Oh is an entrepreneur, passionate about building products and problem solving. As the Founder and former CEO of ALIVE, a mobile video editing/sharing community with over 10 million users around the world, he gained years of professional experience in business development, research, and consulting and extensive knowledge of the startup culture. His qualifications, strong enthusiasm for innovative technologies, and his influence in the tech industry make him a strong addition to the DECENT team."
- "DECENT participated in a major South Korean blockchain conference, Blockfesta 2018, which was held on August 22-23 in Seoul."
- At Blockfesta 2018 "DECENT Korea representative, John Oh, gave a speech on what changes blockchain will bring to the content business ecosystem. He also spoke about the benefits of blockchain technology over traditional content distribution networks, emphasizing DECENT’s proprietary blockchain platform DCore."
- In September 2018, the Seoul office "had their first offline meetup with our DECENT community in Seoul. It was a two-hour private event co-hosted with our partners EXA Lab to introduce the possibilities of applying DCore for development of media-related blockchain projects."
- In November, 2018 "John Oh attended and presented at the Bit-Z Global Ecological Alliance Conference in South Korea to promote digital currency in the Korean market."
- "November 28, 2018 – The global blockchain company, DECENT, announces its signing of mutual Memorandum of Understanding (MoU) with EXA Lab, a South Korea-based company focused on blockchain media service research and development. This collaboration will, amongst other things, contribute towards the creation of Every Media Blockchain Platform (EMP) – a media ecological public blockchain for unbundling BAADD (Big, Anti-competitive, Addictive, and Destructive to Democracy, as defined by The Economist) media – based on DECENT’s DCore blockchain technology."
All comments can be found in the articles/blog posts at
https://decent.ch/news/all-articles/As you can see, the South Korea team has been pretty busy over the past few months.
Regarding your questions on a Korean won deal and more exchanges available to the Korean community:
The team has stated on multiple occasions that they are continuously in contact with new exchanges. If and when DECENT feels the need to expand to a new market/exchange, they will absolutely do so. However, I believe personally, cutting deals with exchanges for the sole purpose of just getting listed is pointless and a waste of a project's capital. DCT is currently listed on 12 exchanges and therefor easily acquired by anyone who wishes to purchase it. As time goes by and the project grows, more exchanges will certainly be added. At this stage in DECENT's progress, the 12 existing markets are more than plenty.
Regarding your question on what the dct team does:
They are doing a lot of things, as you can see from the most resent blog post covering the highlights of 2018
https://decent.ch/blog/a-year-of-triumph-for-decent/. They have improved and enhanced the platform itself, they have increased their outreach exponentially, they have formed several great new partnerships and they have spread the word about DECENT by giving speeches, joining panel discussion and networking with like minded individuals in many conferences. That is just an extremely simplified summary of all the hard work the team at DECENT has done last year. To read more in depth, see the News page of the website
https://decent.ch/news/all-articles/.
Regarding why you think the team doesn't make an effort to increase the value of the coin:
They absolutely do make an effort. See the answer to your previous statement. They have worked tirelessly to build the brand, improve the product and increase awareness. That is how you increase the true value of a project.
What you are wanting is for DECENT to actively attempt to manipulate the price of the asset. This is both morally and potentially legally wrong of them if they were to. The team has, rightly, stated on multiple occasions that they refuse to participate in market manipulation. Any project that spends its resources and time attempting to deceitfully inflate its value is not a project I will EVER invest nor believe in. It is a recipe for disaster. The team's fundamental responsibility is and should be to build and improve the product they have set out to create. That is what you are investing in when you invest in a startup. You are investing in the idea that the product can be produced, that it will work, and that there is a market for it. By those measures being accomplished is how a company grows in value. Assessing a project merely by the standard of "If I put in $100 today, I want $10,000 in a month" does not make one an investor, that is a speculator (and a soon to be poor one at that lol). Whether or not the potential market/users/consumers of that product will be receptive of it is only influenced by how well the team makes the product and how useful it is to the consumer. How a product will be received by its potential market is definitely a question that any investor of a startup should ascertain. But ultimately, no amount of attempted market manipulation can change that. DECENT is on the right track. They have built an outstanding platform, they continually expand awareness of the product and reach out to interested parties in order to form ever greater partnerships. THAT is how you grow value, not by spending all of your ICO money to pump your asset only to dump the coins on those who believe in your project when the project needs working capital.