With VeriBit, VeriSMS and soon VeriCard, it's not where can you use Vericoin. It's where can't you. www.vericoin.info why, after such news does not rise the price?
Because nobody has heard of the company they made a "huge" deal with. The company is smaller than 1 of the 30 websites I made spending a few hours of my time creating. Mind you I had zero website building experience, which I am sure is evident if you look at my websites. I am ranked 2million something on alexa. 3 + million ranks ahead of this company and I get about 750 visits a month on that website, so people can make judgement if this is a promise with legs, or another failure waiting to happen.
I can see it now, this looks like another wizrig moment.
This is not with wizrig. Time will tell how real this is and you may regret your current stance.
My stance doesn't have to do with money. It has to do with ethics. This company raises many questions. If you can alleviate them all for the community it would be a great help. I would like to start with :
Who is behind this company?
What led you to make a partnership with them?
What makes you believe this
unknown company will be a successful partnership for vericoin?
Are you confident making a close association with an unknown company is a good choice for what vericoin is as a brand?
Are vericoin investors going to be liable for all your personal business choices made on behalf of vericoin?
In future deals, will investors know what contracts are signed on behalf of their personal investments or will you continue to do this in privacy with 1 or 2 other
minority investors?
We can start there and continue a constructive debate about this if you wish. I am sure the community would appreciate the honesty, instead of smoke and mirrors.
Doug, I will ask this every few pages until you tell me I am being unreasonable, or you give me some answers.
Thanks in advance for taking the time to clear up some uncertainty that should have been released already to the public as we all invested in this deal and still have no idea what it is aside from a picture.
We have a written agreement requiring that they deliver or else there is penalties for them. I spoke with the lead programmer and business rep numerous times, they are legit and we are protected by the written agreement. The marketing team has been aware of most of the details before signing. They are community members. If you don't like this don't order one, we aren't asking you buy4crypto, to do anything.
I appreciate a generic response, but what is so hard about answering my questions, each with the individual attention they deserve. Anytime you mush enough words together for something speculative you can make it look great. That doesn't answer questions about What led you to make a partnership with them on behalf of the vericoin community. Let me remind you the people making these contracts, yourself and others maybe involved own a very small portion of the coins total. So effectively a small % is able to make a choice for everyone. You control the choices, and so giving us information is the least you could do.
Have you considered yourself as stepping into fiduciary role now for me, and other people with invested interested in VeriCoin? Is this a 1 off, or is deal making another thing that the vericoin developers will be doing for us, and presumably reaping the rewards for without the risk as you guys have covered yourselfs. Speaking to that point, personally protected, the coin is protected? Who is protected, with what protection?
We really need clarity when you sign these big deals on behalf of the community. As now you may be overstepping your role as a developer that people are comfetorable you having. and now stepping into a role as fiduciary, which in all honesty. I dont want you controlling my money and business descisions. I am happy with you all coding, and thats it. Perhaps if you let others make these deals, the coding and promises would be done, instead of piling on more promises, while current development lay
idle.