Very well stated, and thanks 24 for bringing it to our attention over here.
@Digibyte, you had about two weeks to prove me wrong and demonstrate the investment is real. The fact that you have kept deathly silent and are just depending on a dishonest moron to defend you says a lot of your values.
EyesWideOpen,
Thank you for taking your time to research, question & discern the truth behind our investment. We all know the crypto world has been rife with scams, liars and other nefarious bad actors.
Please understand that after a couple years of dealing with these message boards & bad actors we have grown tired of following every post or message that distracts us from our end goal and long term vision for the future success of DigiByte. It appears we have not followed this particular thread as closely as we should have as we have been busy working & getting things done.
In short the investment was made by a single private angel investor (not TofuGear) to create two privately held companies that will be building usable infrastructure around the DigiByte network. However, this also means part of the investment is being used to strengthen the open source protocol & to further develop DigiByte. No DigiBytes were sold so there was no "ICO" "IPO" or what ever its being called these days.
Private investments occur all the time without disclosure in the global business world. Due to NDA's with other companies we are working with as well as our investor we are not able to disclose more at this time. Also, it makes no sense for us to reveal strategic details & plans before we are fully ready to implement and deploy them.
For all we know, you could even be one of the anonymous people behind this coin. At the very lest, we know you are a bagholder by your ridiculously spirited defense of this 'investment'.
We have never hidden anything about DigiByte or where it came from or who has worked on it. I myself, Jared Tate, the creator of DigiByte have been publicly known since the beginning of DigiByte. Feel free to connect with me on LinkedIn here:
https://www.linkedin.com/profile/view?id=324950755&trk=nav_responsive_tab_profile_picAlso, check out our presentation from the New York convention last April:
https://www.youtube.com/watch?v=JkWVD8MJlS0The two companies we have created are: DigiPay LLC of Delaware & Digitrade International of Hong Kong and have been registered with the State of Delaware and the Hong Kong government accordingly. Each are freely accessible by searching each jurisdictions records.
If you have more questions about the integrity of DigiByte please stop by here and read the full, unedited history of DigiByte for yourself to draw your own conclusions:
https://bitcointalksearch.org/topic/digibytedgb-core-v61651-digishield-digispeed-segwit-408268In summary if you have not read the original press release that was properly vetted by Coindesk and others, let me re-post it:
The DigiByte Team is pleased to announce the opening of two new companies and offices representing their full suite of products & services: DigiPay LLC of Santa Monica, California and DigiTrade International Limited of Hong Kong. With a private investment made for USD $250,000, the DigiByte Team now has the financial backing to build software and services around the DigiByte core protocol and bring DigiByte further into the digital and real world markets.
Through a strategic partnership with Tofugear Limited of Hong Kong, the DigiByte Team has now expanded to developing solutions in a global operation, to meet the ever-changing demands of the consumer. In collaboration with Tofugear Limited’s strategic retail, wholesale and technical development partnerships, the DigiByte core protocol is currently being developed into a range of solutions that will revolutionize the consumer’s daily life.
DigiByte (DGB) is a rapidly growing worldwide professional decentralized payment network. The DigiByte Development team holds offices in USA and Hong Kong, with community developers spanned globally. DigiByte allow you to move money more securely over the internet similar to PayPal and Western Union, but with many improvements, including lightning fast transactions with minimal or no fees. Users send and receive DigiBytes to or from any DigiByte address in the world in a matter of seconds, with no required sign up, registration, or hidden fees.
Please feel free to checkout the Tofugear website here:
http://www.tofugear.com/Their company registration is also on file with the Hong Kong government.
We know who we are, we know what we are working toward and we have been honest and transparent about that for over 11 months now. It makes no sense for us to work full time on this project for a year, make public appearances at several digital currency events, partner with a real world company only to "fake" an announcement.
Thanks again for asking questions and we encourage everyone to do their own research and make their decisions accordingly. We have several irons in the fire & a lot of development work going on. We have some very exciting things in store!
At the end of the day we believe whole heartedly in the potential crypto currencies offer to everyone on the planet. We are working hard each & every day to help bring this potential into the real world. We are all in this together and as such we would like to offer a warm & friendly welcome to everyone who reads this to come join the DigiByte community! We are in this for the long haul!
Cheers! -Jared
