Hello
HappyMan77,
We're glad our ANN encouraged you to join Bitcointalk.
Unfortunately, unfair competition takes place in the adult industry all the time, especially, when a former employee of our partner Royal Cash, felt hurt after he was fired for theft. That employee acted in the interests of the BrotherInCash affiliate program which resorted in unethical methods to compete with Royal Cash. We suggest not to take these 2 posts at face value. If Royal Cash acted unfair towards the webmasters, Royal Cash would loose their market positions and reputation among serious market players.
In its simplest terms, there was a fraud alert from the risk department, and the investigation determined the fact of fraud. It is consistent with best practices that businesses don't want to be cheated by frauds.
The billing systems changed because businesses opted for a billing system that offered more attractive fees. This stands to reason.
Where are guarantees that we will see our money?The question is unclear, since we don't claim any financial payouts to our token holders. OGO coin is a utility token. Concerning the token sale, a smart contract guarantees that in exchange for ETH, our buyers will get OGO.
It is also not clear from what you will attract profit by simply selling membership to sites?Firstly, although VogoV is a new project, the businesses behind it are functioning and profitable. Secondly, for the first years our main goal is to take leading positions in the market by taking advantages of the blockchain technological shift. VogoV is not only a porn studio, but also OgoShift, infrastructure that's aimed to become a major cryptocurrency player in the adult industry. Strictly speaking, our profit generation in several years will be mainly based on membership subscription and processing fees. For the first few years we're going to adhere to a dumping strategy in which we specifically lower our prices/fees in order to gain an edge over the competition.
Why do you need ICO?The token sale is just a tool and not a goal in itself.
VogoV, as a decentralized interactive porn studio can't exist without selling the tokens that give token holders the opportunity to participate in the video production decision-making process. OGO coin is a cornerstone of VogoV as a new form of porn studio.
Secondly, the token sale is an excellent PR and marketing opportunity to introduce VogoV beyond the adult industry.
Thirdly, the funds we're going to raise will significantly help us accelerate the development of OgoShift and VogoV studio.
Fourthly, we see the value we can deliver to our potential token buyers and the problems we can solve. It's going to benefit the cryptocurrency as a whole. You may learn more about it in the “Background” section of our White Paper.
Your development team does not look serious to create the system described in your press release- If you take a look at our roadmap you may find that tech solutions like the merchant account, wallet and marketplace are launching before and after the 1st crowd sale round (and respectively before 2nd round). This means that the OgoShift infrastructure is already under development. If we are not capable of developing and releasing it, the market and our potential token buyers will see this. We think it's quite fair. We're not holding the token sale to develop OgoShift after the token sale. We are already developing it now.
- We have only listed our key team members. We haven’t listed every employee.
- Oftentimes people who are not public figures in the adult industry prefer to keep their involvement with the adult industry private. Besides, we don't force our team members to show their names and faces if they don't want to.
- Lastly, if we wanted to sugercoat the team member section, we would pay "reputable and experienced professionals" with "credible and sweet" LinkedIn profiles to list them as our team members. But we don't support such practices, because we find it unfair to our potential token holders.
