Message from Robertas, the founder, today on Slack :
Hello all,
I understand some of you have purchased MYST at a higher price right after the token sale and I understand that current price is hurting you, all of you. It does't hurt me, because I don't have any tokens yet, so I guess I can't relate to your pain yet.
This will not be a full update, but just some of the information you asked for.
Pictures you requested - I am uploading few pictures from our team gathering, which happened during this weekend (I guess we are bad at bragging so this all happened without any noise)
Some of the agenda points were:
- researching where we can find best top management and developers, with best experience and for a sensible price. Berlin and Kiev - rated highest, Berlin for it's crypto community and it's experience accumulated from various industries and Kiev for it's large pool of incredible developers;
- Deciding an operation structure - enabling for rapid scaling;
- Debating what kind of organisational structure we want to build, This one is tough - because it must tick both boxes: be effective and aligned with open community standards at the same time;
- Forming some partnerships with existing leading VPN providers, and I have reason to believe - we might have some success there (no announcements yet);
- Setting product development priorities;
- Setting legal protection priorities (internally we call this development "Legal product" - because it will go hand in hand with product development).
Product. We will build it. Period.
It might take a bit more time to roll out our I'st version than I first expected, but it's still coming. You will start seeing github updates a bit more frequently from now. And once we are ready to scale the team - the speed will just keep on increasing.
Someone mentioned Augustas, that he is working on a different project - all I can say is "Thank you Augustas, your help was very valuable, especially prior to token sale". @gfdgdr432 - I don't see a reason for witch-hunt. Augustas is not scamming any of you, at least not with Mysterium, obviously I can't talk about any future projects he will be involved in. He did his work with us and he was very professional in it. We mutually agreed - that it's ok for him leave this project as his daily job, so he could work on his new ventures and that we will not see any conflict in it. Yes some help would have been appreciated, but definitely only voluntary - no pressure from us.
Token sales is a new concept, where a team of usually only few individuals suddenly get access to previously unimaginable amounts of funding, all of it dedicated to project development. This method suddenly opened doors for everyone to take part in project earliest stages, where previously only rich and powerful had access to.
This is a game changer on many fronts and it will test the system and it's actors. It will for sure test the projects, investors, market.
Interesting thing to note is that those few individuals trying to build a successful company - now bear responsibility against thousands of people who placed their money and trust into these projects. Someone might compare token sale to an IPO, yet what's often forgotten - is that token sales are handled by same few individuals without PR departments taking the load of answering thousands of questions, without organisational structure - enabling rapid scaling, without teams in place - able to handle increased workload. All is on the shoulders of those few individuals.
In more traditional startup world - a startup would have a board member appointed by a VC and would deal with that person. You'd have a workshop or two during a course of the month, where you review results, set goals and then get back to work. Here we have almost 2000 people and many more in other channels. I admit - we were not prepared for this. Yes it's a shortcoming on our side, but we know about it - and will solve it (eventually).
You might say that we are stalling, but just like in washing your clothes - I don't usually report in every step, likewise we aren't in this process.
One thing is - we are definitely not gone and we will deliver. More on progress later, this was just a quick Sunday night update - it's passed midnight here.
Talk to you soon