Topic: [ANN][ICO] Spectiv: DECENTRALIZED VIRTUAL REALITY (OLD THREAD) - page 39. (Read 87405 times)

Correct! Security should take precedence.
Many examples of ICO coins exposed to a hack like the recent incident that is coindash that must receive a big loss because the web is attacked hack after the tokens sold out.
Good Luck Spectiv I hope with join spectiv with sutton stone will strengthen the security in this project.

Yes true, security is the highest priority of a project, now many hackers are stealing, I heard Edgeless and ETT have experienced it, they lost a lot of tokens, causing prices in the market drop.

It looks good if there is already a trial 

Will there be any test prototypes of Vr for active participants? I want to test this platform too)

Ok, So i read the announcement and what I see is a 60+ day delay without an ICO date set...

Not to be a sour patch worm, But my signature is worth quite a lot with ICO's coming and going in a weeks time. I'm also a very active user here on bitcointalk (making over 100 posts with Spectiv Sig)
So i have to say this delay is really concerning for someone like me who has been involved since the biginning (4+ weeks) and have a significant amount of stakes.
I understand you would increase bounty.

My question.

Would you be "OK" with a user removing there signature and still retaining there stakes under the condition that they return for at least the amount of time they originally wore it?
(In my case, I have wore it 4weeks. So as long as I come back when the new ICO terms are released and use the sig. for another 4weeks I will get credit for previous use)

Because lets face it. The current sig. is worthless now, it says the wrong crowdfund date. I think it would only be fair to let participants remove them for a time while a new one is created while still retaining the previous rewards.


I hate to say it, but I have missed out on a lot of opportunities because I have faith in this project/crowdfund and wanted to participate early.
I would like to promote your project, but the length of time your asking is becoming far too long, and I feel I have done my fair share of posting the signature around the BCT forums.

Please consider what I have asked.

Have now watched the video.

I stick with my post above. I don't think it's a scam.

But .....

I still won't be buying in.


First thing. The interview itself was pretty bad. "Cool. Cool.". "Absolutely. Absolutely.". The interviewer was .... ummm .... pretty bad.

But that's incidental.


I admire the enthusiasm for VR. I suspect I agree with a lot of your thinking there. Broadly.

But as a business/investment?

Nope. It's blue sky thinking. And little more.

The concept was not clear. Why you need crypto is not clear. It doesn't sound like you do. We run loyalty programs at work. Clients use custom URL's (online) and it routes back through various EPoS (which are connected obviously) and other online endpoints. I know what it takes to build and manage a system like that. I break ours on a regular basis. We don't use Crypto.

"Having an token you can use in VR just made total sense. You don't want to be putting 16 digit numbers in and stuff ...."

Um. No. You buy you in game tokens. You go in video/game. You use your tokens. As you even said in the video! Buy up front. Use in game/video (this chopped and changed a lot throughout). How do you get the crypto? You buy it. When? With what? Crypto didn't seem to serve much purpose. Lots of "we could do this", "yeah we could try that", "we're thinking about that". But nothing concrete. What are we buying into here? At one point you say the signal token could used on any other platform. VR is just what you want to do it with? So ..... surely the signalling system is the actual crypto part? VR is actually incidental here?

The other token (Specs?) is not crypto. Because it needs to be controlled. But then your sending it to ShapeShift. And then someone else is processing it for you. As fiat? But then giving you money back. And you put it in a user account. But you don't handle any transactions? And then I'm sure at some point you turned it into Signals .... to pay content providers or something? As there would be no ad money early on? How is all this happening?!?!? Everything is turning into everything else? WHAT?!?!?!?

So I'm investing in a crypto that could be used elsewhere. A (maybe?) non-crypto tipping token? Some sort of platform that is not a DAPP (thank fuck .... Ethereum could never support something on that scale just now) that sounds like a VR bastard-child of YouTube and Periscope. And maybe Twitch. But you already said yourself they claimed the gaming streaming space. Why wouldn't they just start doing VR too?

Initial content? Very limited.

Exclusives? The guys you mention who make videos. Who are currently on YouTube. Will they be dropping YouTube and becoming exclusive to you?

With no "too mature" content.

That you guys will build, manage, moderate, expand and maintain to the point you become the defacto VR landing spot.

I think.


Holy shit.


And there is where the real problems start.

Nothing is costed. Or estimated. Because you don't quite know what you're trying to build yet.

Revenue? I don't see where any comes from when it goes live? (Not ads - as you admit) People buying to tip? Why does the ERC token have any value? Why is it even an ERC token? How will it gain value? Why? I'm still not clear there after reading everything I could find AND watching that video. But you have a slushfund from the crowdsale? Which you could use? What?!?!? So we're investing to pay some guy with a devaluing token to upload shitty videos? You kept talking about quality, but then about people submitting their own stuff. The two tend to be polar opposites. "Maybe" partnerships or exclusives in the future. "Maybe" live VR gaming watching. Or sharing a theatre. Some in VR. Some not. What is this?!?!? Make up your mind!

You're guessing about advertising techniques that barely exist but talking about $100k ads in your white paper?!?!?

This is clearly VERY early stage stuff.


So nah. I admire your train of thought. But you don't even have a fleshed out concept. Reason I can't get detail out of you is that you don't have any.

I'll wish you luck and watch to see what eventually comes out of it. Maybe you will prove me wrong. Who knows.

I'm not THAT risk averse. I have a bunch of money in crypto FFS! But this one really is spinning a coin and hoping it stops on it's side if you ask me.

(I actually did that once. So it's a totally valid analogy. I KNOW how fucking rare it is ...)

 

OK. Stop the clock. 

I wasn't in a position to watch videos earlier today. Only read and post.

So everything I've posted on here up to now, is 100% based on reading. I read this entire thread. I looked for ICO DD's on it. I looked on Reddit. I googled. A lot.

That formed my opinion up to this point.



I'm just finishing watching this: https://www.youtube.com/watch?v=VhLlXfdbN3I



My opinion has changed.

I'm not quite finished watching it yet. But I already changed my mind on one point.

I don't think this is a cash grab/scam.

I'll post fully what I think once I finish the video ....



For reference.....

I'm probably double the age of the guy in the video. (Either of them)

I do due diligence on anything I'm going to put money in. ICO madness has not affected this guy.

Been into IT since I was at school. Studied it. Worked in IT for 20+ years. I mainly do non-functional testing. I stress infrastructures. Networks. Websites. Databases. Etc etc. Basically, people give me software, services, whatever ... and tell me how great they are. And then I break them. First dozen years or so in financial services. Last few years with a large EPoS manufacurer.

But I'm also a gamer since the Atari days.

And been into/around VR since DK1. I have a Vive now. A dedicated rig for it. A dedicated room in my house for it. And a BoboVR for dicking around using phone-VR.

So this ICO interested me. I had noticed it via the "bounty hunters". (They worked on that front. But MAN they can be annoying with the constant shit-posting in this thread ...)



Anyway. Gonna finish watching that interview .....

Good to have some technical person here, who knows a lot about VR. I'd just like to point out that none of the big streaming platforms (youtube, twitch, etc.) was focusing on profit at the beginning. Getting userbase is always first. I don't know what kind of content Spectiv will be offering on the platform but I hope it wont be 360 of some guys garden footage. I see you are sceptic about it and that's a good thing - you bring lots of valid points. For example I also wonder about bandwidth and storage costs as VR videos can be huge - SpectivVR can you elaborate more on this matter?

One thing I can tell is the team is not doing a money grab, their intentions to make a great VR platform are real.

You're right.

They're focussing on the (potentially) profitable part of this. While you're messing around trying to take on YouTube and hoping people are going to pay to watch some guy run around his garden streaming footage from a cheap 360 cam. If you can even get that running. I just tried a Google Jump (another competitor) 3D VR video at max quality on YouTube and it needed a big chunk of bandwidth. (Approx 15 Mbps) If you want to be taken seriously, I'd want to see some costings and estimates on your storage and bandwidth requirements. As you will be looking at some BIG numbers here. (I performance test networks for a living) A vague "oh, we'll probably use Amazon S3" doesn't cut it. I use AWS cloud machines to swarm test networks. I have to provide detailed costing on the instances, what type they are, how long they'll be in use, why I'm using one region over another, etc etc. And I'm one guy working for a decent sized UK tech firm. You are supposedly a team of experts, but are providing no detail worth seeing.

You're talking about a highly technical project here. With some BIG technical requirements if it's going to work. But giving virtually (no pun intended) no detail.

 

I am the easiest portion of your target market. A VR enthusiast. Nothing about this project has enthused me so far. Sorry.

I'll keep watching this. Out of interest. But I have the feeling I'll either be watching a sinking ship, or a team scurrying off with a load of ICO money they have no intention of following through on.

(And if the beta/preview/whatever version fails to appear before the ICO, then I'm calling scam on this. It's all WAY too vague and unrealistic. But you've said it will appear, so that won't happen right?)


PS .... I hope you prove me wrong. I really do. Because I'm a VR enthusiast, and an early investor in the technology. I've spent a fair chunk of cash on it already and I want it to succeed. But this whole project sounds like it was made up in the pub one night ....

Great news,Spectiv will be super legitimate,some my thoughts about events.Not all events are licenced,many of them are even not streamed.We have in Poland very popular music festivals one of them is Woodstock,polish Woodstock is over 100000 young people are coming for three days of indie music festival,any streaming is available,there are some amateur vids available on you tube,next is big reggea and reggea related music festivals,there are small ethnic culture festivals,clubs with his events etc

In a case of big licenced events,Spectiv  may get in to coparation with tv,tv channels,If Spectiv will be legit,nicely done with good community of members Spectiv may offer his Service for high quality streaming
I like all idea,it is kind of challange,The most importent Spectiv is legit and is going beyond crypto.FB ,youtube is not protected from illigal downloads

I hope you guys werent planing to use parity multisig code

FFS.

What does it say in the MASSIVE messages already re-quoted 3 times on this page alone.

It's delayed. No new date yet. You "bounty" guys are supposed to promote for them. It might help you "promote" if you actually read what they post.

 

hello,dev, glad to see the announcement about the cooperation with the Sutton Stone, you mentioned that there will be a period of 60 days, I just want to confirm the ICO date will not be changed.

Thanks for the reply. I appreciate it.

Rather than a huge annoying re-quote, I'll just leave the relevant parts.


That is definitely good. Too much style, too little substance so far. I'll be interested to see how it looks.


I don't know who was advising you, but giving people an untradeable token doesn't sound like good advice to me. Probably good you got rid of whoever that was. Would you buy a car you couldn't drive???


Wow. I actually see this as bad! Really bad.

So you are not first to market with dedicated VR streaming? I had not heard of these guys, but they are clearly ahead of you (I don't see how you using crypto gives you any advantage over them?). And YouTube & co have a HUGE advantage in the non-dedicated area (but still offer it and are established). That's not good.

That's your thing (dedicated VR streaming) that made you different blown out of the water!

Good luck with it. I suspect you're gonna need it ....

Is part of the logic executed on the token contract ?

Oculus already tried a "non-gaming VR studio". They gave up and shut it down. They have Facebook behind them! (And are now paying $50m to encourage content creators)

http://uk.businessinsider.com/r-facebooks-virtual-reality-unit-oculus-shutters-film-studio-2017-5

What make you think this could work instead? I've been involved with VR for years. The demand for video is not big. The bandwidth needed to stream it to a lot of people is huge. The costs of licensing any sort of big sporting even are also huge. Go look up how much FIFA sold the rights for the 2018/2022 world cups for!

I just don't see how this can work. It doesn't offer anything new or make anything better.

They offer 360 videos. Home made ones. And maybe a free google cardboard style viewer. That seems to be about it. I'm into VR and this doesn't interest me at all.

YouTube already does everything this wants to do. For free. And comes pre-installed on pretty much every phone on the planet (and one of their main "partners" already has a channel on there full of 360 content). And these guys want to take that on?!?!? Why would anyone go to the trouble of using this over YouTube? (Or Vimeo, or Facebook ..... who also offer 360 video .... I imagine there are others too.)

And there is almost no technical discussion in this thread. Or talk of tie up deals. Just loads of people chasing bounties .... 

The few technical questions I could find (I have now read this entire thread) got either ignored, or got vague meaningless answers. Without a beta platform, some decent technical detail, and a shitload more info on who they are trying to partner with (and how they will host and support this .... all I could find was "probably Amazon S3"), you're buying into nothing much here.

I'm into VR. And I'm into crypto. And I work in IT. And nothing about this ICO appeals to me. That seems wrong given my interests.

I would be interested to see some decent detailed comment from the actual team, rather than bounty hunters shooting this down simply to try and prop up their bounty payments.

They mentioned on 15 July a "pre-alpha" demo should be available within 30 days. So that should now be available before the ICO right?

Also, I saw several replies from the team saying they had no plans to get this on any exchanges??? They would leave that up to the community. Why? That doesn't make any sense to me. As it stands, they will have a big pile of Ether (which they can cash in) and you will have a token you can't trade anywhere?!?!? And will have to petition to get it on exchanges if ever want to trade it. Can the team explain why they are not dealing with the exchanges themselves?

Good morning, spectiv! When the table of blog/article compaign will be updated?

You can post it on bounty thread not here in the ann thread or you can directly pm the bounty manager.

This information has been announced in the main pages please check back
The crowdsale will open on 08/14/2017 at 2:00PM (GMT -5) and will run through 09/04/17.

Dear!
My current rank is now a Member.
Looking forward to you updating!