Insofar as the marketcap & ICO, dev, will you be posting some of the dev budget? That would be very interesting to see. My guess is this would indicate both the scope and seriousness of BitBay. In anycase, the ann states that their target is to capture marketshare from some of these dinosaurs like Ebay and Ali Baba. This takes serious capital. I would be more worried about an ICO that was trying to do this with only 800 BTC like some people seem to be suggesting.
One of the problems so far in developing an fucntioning decentralized marketplace has been exactly this - a lack of capital and committed devs. My guess is that this will be how this project will be measured.
actually the story behind this is a scam group hire David Zimbeck to sell the gimmick. trust me no more development after ICO.
I fear this is entirely correct. I worry David who is a good guy is going to get burned on this along with any investors.
We're not here to tarnish anyone's reputation. This is a serious project with serious people involved. Smart contracts, Decentralized marketplace, full time coders in Cambodia, Marketing ect ect. There is 42 moving pieces to this puzzle and all are working well together to make this world a better place.
Double deposit smart contracts WILL make this world a better place. Imagine doing business with anyone anywhere and not worrying about getting shafted.
Priceless.
Could you point me to the right direction to get more info about the "Double deposit smart contract", whatever, even high level information would be appreciated.
Black Halo tech here:
http://blackhalo.info/