Yes, let me explain our plan
First, like mentioned in our #10 update we are focusing mainly on development of our app and making it user friendly that being the reason why we haven't yet listed any concerts.
i thought that the app was ready before the ICO, as stated in the whitepaper.
Also further more to the point, the reason why we aren't focusing on exchanges now is because we saw a live scenario. At first we got listed on YoBit, within few days we noticed people began pump & dump which actually pulled down the value of TKT that being the reason we decided to focus on the product & later on the exchange because ones we hit the market & people starts to identify, nothing can stop us. Even if people start to pump& dump it won't be of a greater effect. That's why we aren't focusing on listing now. We will work on this ones we are done with our product.
i think its because once you submit your "product" to the public scrutiny of a cryptocurrency market, the market realizes there is no product, and therefore us the "early investors" try to sell the tokens and thats not Market Fault... the token holders are the ICO investors... so the pump and dump term will not accurately describe what happened in YoBit, it is more like a DUMP because again... theres no product. and we are 6 months past the ICO... think about that for a second.
now theres 2 real reasons why youre not listing in exchanges:
1.- because you guys dont want to further complicate the situation where regulators are going to drop the hammer on you for selling unregistered securities to unqualified investors.
2.- because in order to list a token in an exchange (lets say binance) you need like 500 thousand dollars. and as you predicted, as soon as you launch the token it will go to zero because again, theres no product (and this by itself is another felony) so nobody will even think about paying 500 grand for killing the project.
all the Ironman thing sounds Fantastic, thats a good plan, the plan i thought you had since day one. because again it was stated on the white paper that the app was ready.
now it would be interesting to know wheres the whitepaper, because i cant find it anywhere... thats weird... ive seen this trend in other russian ICOs, where they make their whitepaper unavailable after the ICO ends.
in any case, i hope you prove me wrong in front of my "co-investors" for being such a FUDDER and a pesimistic person. honestly for the sake of my pocket, please prove me wrong
