'MMAforMoney - Last Friday at 12:06 PM
Don't forget, that I also gave a lengthy update in the QQ Group not too long ago. I try to make my rounds, and check in with all of our social media groups/sub-groups in my free time, usually at the end of my work day. As far as updates, sometime it's literally as simple as there's nothing that groundbreaking to announce. We're working hard at getting the betting platform out, that IS our MAIN PRIORITY. PERIOD. We're still in negotiations with exchanges, that's been taking up quite a bit of time. And we've also been working on some partnerships to benefit our investors. The progress report for the last month, however, will be coming out in the next few days. I wanted to include a little more substance, so I reached out to our System Architect to get a few Dev Team updates for everyone, and that delayed things a few days. I have seen some FUD from people over the past month or so, and I don't get it. Yeah, updates have slowed down a little bit. But, things behind the scenes have been going very well. Everyone is working very hard. Exchange listings are starting to roll in. H2H launch is getting near. We're starting to get recognized by our peers. Maybe I'm just not a negative person, but I'm quite happy with our progress. '
He also posted more, I'll list the other main statements and include some context where needed:
Regarding the multitude of various 'when moon?' statements - "Listen, I'm going to get this out of the way right now...We're not here to coddle anybody. If you want daily updates, sell your coins ASAP. We're not about fluff & fake hype like other coins. Our goal is a stable, secure, easy to use Betting Network. Period. We've said numerous times that marketing & advertising without a working project, is a complete waste of money since our goal is user adoption/retention. There's been no illusion that this was a long term investment from day 1. When H2H launches, that's when our next Marketing Phase begins. Until then, we post news when there's news. If it's quiet, everyone is working hard at development or whatever their job is. I run a tight ship, I'm not a fun to guy work for. I'm fair, I'm respectful, I pay my guys well, but I have no problem calling people out for not doing their job. My guys will tell you straight up, that I'm far from a "Yes Man."
When addressing the issue of exchanges - "David told people because he was excited about it. David didn't take into account the new market conditions when it comes to listings. Things have majorly changed. The ICO Market is oversaturated, and has been for months. There's 30/40 projects coming out daily. That's 30/40 projects per day that are looking for a home. That's 10x more applications than exchanges are used to, and they have to go through each one by one. That means more time to go through applications, and more time to list each project. Quite a few exchanges have decided to only list ERC-20 coins for now, in order to get them out of the way. We're also not in the game of wasting money. So, we're not going to give a shit exchange $500,000 just to get listed SOMEWHERE. If it's worth the fee, we'll pay for it. If not, we move forward. Like I said, there's plenty of exchanges upcoming, and we're still in negotiations."
Giving some insight into the expansion of the team in recent months, along with other related info - "To answer how many employees Wagerr has, we have grown to 20+. We have two full-time dev teams, one part-time dev team, and a full executive branch. Both dev teams' employees work/live in the same city as each other. One dev team is in the EU, the other is in North America."
To those who have been saying 'just a pivx clone' or those who are simply a bit worried about low activity on github currently - "As far as GitHub is concerned, anything that would give a competitor any type of advantage, is currently hidden. That means the betting engine, the multi-layer transaction system, etc... It is closed source till release, and then it will be open source, just like the wallet. There's a lot of eyes on this project. We are definitely making waves and getting noticed in the sports betting industry. Whether you guys realize that now or not, that should become more apparent to everyone next week."
And finally a fun and/or interesting fact - "We already have some current & retired MMA fighters who have invested in Wagerr right now."
I really hope this clears up some of the common misconceptions and can allow for more constructive discussions to take place. Even though I may not always post often, I do keep up with reading this thread along with many other platforms that wgr users prefer.