Hi all,
I’m former CTO of Royal Kingdom Enterprise, now demoted to external consultant after the acquisition took place in January. I think at this point nobody has any illusions about the future of the company. Aside from the coin price, the company itself is in ruins: nobody understands where it is going, or even who’s gonna pay for the hosting and the remaining 2 people on the team, out of 15+ that we used to have when I was working there.
I got contacted by the remaining team members and told that since nobody is paying to keep the lights on, the infrastructure is going to be shut down. It would be a big problem for everybody if people’s money disappeared with it, so I’ve stepped in to work with the team to organize two weeks of maintenance for people to get their money out. If you’re a VK user, please take immediate action to withdraw any funds you have there before it shuts down. We will notify every user by email as well.
As to what happened with RKC, if you invested after the last huge spike, sorry for your loss. I personally didn't sell nor buy any RKC after we got bought out, so my conscience is clean here. I have no idea who did, everybody I asked denies it.
As a person responsible for the technical part, I believe it went okay. Although we registered several cyberattack attempts, the platform didn’t get hacked. The smart contract didn’t fail and didn't lock people’s money. And I believe that we (the former team) had put in our best efforts to develop and improve our projects while we were in charge. On the commercial side, unfortunately, the company slowly slid down the path of 90% failed crypto startups.
So that’s the end of it, I guess. And if you need a cryptocurrency exchange/smart contract/decentralized p2p app done, I’m your guy, send me a message to
[email protected].
By the way, Palmex should be fine, I'm currently working with ArabianChain to transfer it onto their infrastructure.
Serge,
you have stated directly that you are no longer working there since January, the time of the acquisition and restructure. Are you stating VK is no longer active, why was an update made this week for the addition of "add coin request" to the platform for additional pairs. The community also received this announcement just 6 days ago and now your statement from a previous member of the Team that was let go:
https://web.telegram.org/#/im?p=c1323245399_6914734322338416456Royal Kingdom Coin
BreakingNews RKC / Venture Kingdom Management - Dubai 15.03.2018
RKE / VK / DBI is not SCAM, ignore malicious comments.The integration with DBI company has been drawing to assist you with security and agility, many improvements are being launched and optimized weekly.
Our efforts are directed towards strengthening our Royal Kingdom Coin (RKC) crypto coin. We know the crypto markets volatility, we have seen in last days BitCoin (BTC), the main crypto coin lost considerable values. However, we know this year, 2018, will be very positive for the crypto markets and we are certain that RKC will reach the value over $ 20 (twenty dollars) by the end of 2018 with the investments according to a strategic plan to increase the cryptocurrency usage in different markets. Royal Kingdom Coin (RKC) will be accepted as a payment for purchase products and services in various commercial establishments starting in May 2018. Tests began this month through selected companies and will take place over a period of three months. The strategy is to strengthen the RKC cryptocurrency as a payment method.
We do our second coin firing, and we know that this is going to make the value of each RKC increase in the future. Unfortunately, some malicious people are making negative comments as if the RKC were scam. These commentaries only hurt everyone who has RKC. We would like to ask everyone who has RKC to help us fight these liars.
This Friday we will announce news on the Venture Kingdom (VK) platform.
We believe in the transformative power of innovation in the financial universe. Digital currencies are technologies that give meaning to our work. Therefore, we seek to raise the experience of those who experience this revolution, providing the best service with advanced security.
We are working focused on innovations for the worldwide crypto coin market.
Thank you,
RKC / Venture Kingdom Management"
Are you allowing your negative emotions to spread FUD since you are no longer a member of the Team(Let go in January during acquisition)? This has happened in the past not only for this coin, also many others(members getting let go, then spread FUD). You also state, "By the way, Palmex should be fine, I'm currently working with ArabianChain to transfer it onto their infrastructure." well, RKE created Palmex for Arabianchain and is connected with the Revenue. Do you have feedback on this? RKE has maintained commitment of coin burns,
https://etherscan.io/token/0x6ccb56947ea1d6efdc81acfbacd8263ddfa9b202?a=0x0000000000000000000000000000000000000000, for both Feb. and March.
