The 50,000 shares are all that will ever be issued. We may consider buying back shares if revenue gets really good, yes!
Thank you for your reply.
I still have some questions though. I'm all for freedom of information so I would like to ask my questions here in stead of by e-mail.
What country is AltSwap based in?I see you have Whois Protection enabled on your domain, don't you think by setting up a new "trusted" market you need to provide some transperacy about the company?
Server ProtectionHave you thought of server protection against DDoS attacks?
TestingIs there a possibility to be part of a test/beta team? I would like to actually see and test what I am investing in.
What happened to the old launch date?In the Google cache of AltSwap the page displayed the message
"We will be launching Friday, January 31, 2014". Why did this get delayed?
MarketingWho is responsible for the marketing in the company? Since I have experience in marketing I'd like to know who I can contact for some extra information. I have the idea AltSwap is missing out on marketing and I would like to know if I can be of service to you guys.
Thanks for your time.
Absolutely! We will gladly answer your questions in the open.
We are based in the United States. We are working on getting a few licenses (some are not needed until an evaluation of $100,000 USD is reached but we will comply with FinCEN anti-money laundering certification at minimum and others later). The Whois protection is to protect my personal information but may be opened up once a post office box is opened up for the company. We will keep you updated on the physical address of the exchange.
The server is equipped with a few layers of protection against DDoS including Cloudflare and some other technologies. Your coins aren't stored on the server so even loss of the server, which is unlikely, will not result in the loss of your coins.
We are currently just testing the exchange in-house. I understand your reluctancy to invest in something you cannot test so I would encourage you to hold off on investing until the exchange officially opens up if you aren't comfortable doing it beforehand. Our shares will still be available after launch but you may miss out on a dividend payout or two. I would never push anyone to invest unless they were completely comfortable with it, so it will probably be best to hold off in the case that you aren't fully secure.
The old launch date was proposed very early in development and was pushed back to make room for a full UI redesign. We are still in the process of redesigning the UI and will keep everyone update with development progress the closer we get to the launch date.
Marketing is currently handled by Devin (he can be reached at
[email protected]) and he can explain more about some of his previous marketing experience but we can always use more help!
Thanks for your questions! You can email us with any others you may have or post them here - our goal is to inform!