Topic: [ANN] Pink: Escort startup Series A share sale - page 9. (Read 3873 times)

Why should it be anonymous? My personal opinion is I don't like this idea and certainly on sex industry level.

For people using Pink often enough to warrant using the app, installing the APK is not a big deal. For many users this is 3 clicks to enable, then click to install.

LegalZoom and Dominos Pizza ship iOS and Android apps, are they tech companies? It is an argument over words and we probably agree on the details. The point is that Pink is not inventing new technology. We're applying existing well-known technology in a straightforward application. Only our plans for automatic-profile-customization are remotely high-tech because somewhere down the line we want to make that ML & AI driven.

We're only at the cutting edge when it comes to applying security and privacy technology. For privacy we aren't showing any wallet information. Look up Monero EABE attack, we face a much more powerful version of that.

Pink definitely falls into the high risk category of investment. We could simply walk off with the money! This is completely true, yet the most uninteresting aspect of any analysis. I do not think Pink is higher-risk than other ICOs. Many of them require a token for usage, even when it is terribly obviously a horrible decision. Pink has an easy-to-understand business model. As far as escort services go, Pink is the only one with a possibly-functional design. I think Pink is the only one with an active sex worker on the executive team.

So yes, Pink could be a scam. As written on our site: Until we ship, we can't convince people otherwise. Anything we say will be countered with an aha-that's-what-a-scammer-would-say, and turns into a ridiculous Princess Bride scenario. So review our materials, chat with us on Slack, make a determination for yourself. After you've decided we're not a scam, then critically review the actual product being proposed. Compare it to Eros.com and Eros.vision, compare it to SSIO and Backpage, compare it to Slixa, and even ECCIE or TER. Then decide if we have the next unicorn on our hands or not.

We really should stop disparaging users of such services, or the people that would sell their services through the app. They've used technology before, they can handle learning a new tech process if it's for their good.

Why are Android apks difficult to install? Don't you just copy the file on the phone, then run it?

Looks good. Have you started working on the code?

Andoid apk? Seriously? Its really hard to imagine how average user of sexservices or an escort-girl will be able to install it. Apple users will be prohibited?
You've said that pink is not a tech company, but you're using cryptocurrencies to receive investments and plan to build innovative network-based service. And, for sure, you have a plan to build an App. Still think that you're not a tech company?
So, you basically have no plan how to refund your investors. And you cannot show the proofs of the total amount you've raised. So investors just cannot be sured that min cap is reached (or not). Is the counter on your site the only information source for the total raised amount? It doesn't inspire confidence.
I was the one of the first Eros.vision investors, it was my fault, and i've lost my funds due to poorly explored project to invest. The next scam was lust, they've been busted just in time. And now there is 3 more projects in sex industry. All of them are poorly represented. And all of them have red/yellow flags.Definitely scam possibility is high here. I'll investigate this.

We've posted a preview video here:

https://vimeo.com/237475162

There is Pinkcoin: https://pinkbuffaloz.com/

This is scary. I've never thought about that.

That's very professional. I wish more project leaders would do that.

Have you been in the business world for long?

Is there any other ICO with Pink in its name?

No, the issue is that we contacted a few YouTubers, hoping to start a varied discussion. But the ones that accepted are all from one point of view. We don't want to link and publish them before we have other, opposing, viewpoints or it will seem that we support just one side of it.

Thank you for your questions.

1 - First step will be an HTML5 site that works well as a mobile site. Then make it a Progressive Web App. Finally, we will ship an Android APK.

2 - Our website (https://pinkapp.io) and Medium account (https://medium.com/@PinkApp) have details on our plan. We are not a tech company, so a whitepaper is not a good fit. That said we will be adding more information to the main site, in particular, why we need so much money (growth).

3 - If we don't reach $1.5M we will consult with investors and determine a plan. A popular plan right now is that we work to create a beta/testnet on the current funds, then raise money for a full launch.

4 - Funds are moved into Monero. Monero transactions do not show amounts. We're not publishing any of the tx keys, because Monero's privacy model requires a lot of work for high-value targets to use correctly (search for Monero EABE attack for more info).

 5 - We are not related with Pink.io.

No. We may open source some interesting pieces at some point, but the main service will not be open source. This matters a lot less than it does for other companies because users must trust Pink anyways. Publishing code provides no guarantee that we are running the same code on our servers.

Hi, dev. Few questions:

1) How do you plan to distribute an app, related with the prostitution?
2) Where I can find your whitepaper, or another doc, that justifying $1.5M min cap?
3) If you don't collect $1.5M  I will be able to receive my funds back? What is the procedure? I can't find info about it on your site
4) Where I can find final address in ETH, BTC or XMR where ICO funds are stored now? It seems that you have raised $700k+ already, by the info on the main page.
5) I've mistyped the address of your page pikapp.io and found that there is another site on the address https://pink.io is it yours?

Thanks!

OP, is that you?

Will it be open source?

It works by Pink being an extrajurisdictional company. As long as our opsec is on-point, then we're "immune" from prosecution. In addition, we have contingency procedures so that if core team members are arrested (or even just have an accident), investors will be able to recover the system and find a new team to run it.

Interesting. So this would work 100% from a legal standpoint?

Thank you for your questions. Pink is not a coin nor a token. It is a company that just happens to be using blockchain currencies to raise money to operate in an anonymous and extrajurisdictional fashion. Pink is selling token-shares, or blockchain bearer shares, if you will. Apart from the privacy required, Pink is not a tech company.

It's easiest to think of Pink as just an escort agency, 2.0. A next-generation agency, with an app.

As far as the service, providers don't need to use tokens: that would not work at all. Clients can pay with cash - cryptocurrencies are not required. We'll have the option to pay with cryptocurrencies but it will be optional.

The founders and advisers are receiving 600,000 token-shares so we're vested in the company. In addition, there are 2 million shares set aside for stock grants for us to hire talented employees.

We reached out to a few YouTubers to start discussions about our product. We'll post links to them when we've had a few channels with different viewpoints cover us.