Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.
very little technical details on the projects, do you plan to expand the WP?
Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.
i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,
Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.
if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.
But as you can see on their website " We are working in partnership with pawnshop, licensed under the laws of the government of Myanmar. Pawnshop interest rate is 2.5% per month. License No(4), Botahtaung Township, 2016-2017" . It's under the law of the, country they want to make business. It's the transparency the we needed to make a quick business without getting a risky part.
well indian loansharks in the philippines what they call 5/6 is earning 20%interest rate per month you borrow 5 you pay 6 and its government is not taking actions on it even if it is illegal. i am interested how much interest rate would AMM approve here in the philippines.
When you talk of those indian loansharks they are really earning that much, here in our country the payments is only daily basis on a small people they are thinking that it's lighter coz it's on installment basis but if you try to compute the interest it's really gone to far versus the principal value.
is your government doing their job? daily payment would put the borrower deeper in that situation. that is not humane! instead of helping the poor to alleviate poverty they are just adding burden on them!
well that is the scenario here. rich becomes richer and poor becomes poorer. well if micromoney will be here in the philippines that is a great project to alleviate poverty. i have read the plans on expansion and scrutinizing the details. devs is there a working micromoney office here?
