Author

Topic: Help me map out the steps to make my project succeed. (Read 258 times)

newbie
Activity: 13
Merit: 2
Your whitepaper also seems to have a lot of grammatical errors like "boob" instead of "Bob" and several others. I would definitely go and polish everything up before trying to get any serious funding otherwise people may think this project is amateurish.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
I am wanting to get everything ready to reach investors and as I have no connections would need some advice on how to gain investment.
These days if your project contains AI or Blockchain in the demo, your chances of getting good funding increases drastically. However, to raise money you need to show you have active users or there is some sort of income from the project. I'm talking about legit good projects and not scams like ICO or IEO's. You should rather focus on getting the product out there and get real users before approaching the seed funds.
member
Activity: 243
Merit: 18
keep it up, the paper has to be a lot shorter than this. check out bitcoin paper for example. it doesn't explain any details, it is more like the abstract explanation of the whole project while focusing only on important matters.
you already have a website, add a section to it called "wiki" or something like that where you could just copy all of the extra information there.

A great idea a wiki page would look a lot better than medium blogs. I could use something similar to the documentation page in which coinbase or bitcoin.com uses which looks really nice.


ok, that makes more sense now. but then if it is like an optional feature you can't include it as a main thing in your project. it is more like the BIPs (bitcoin improvement protocols like HD wallets and mnemonics), they aren't part of the protocol, they are improvement of it.

Scroda ID would be a main feature as validating nodes must be verified through the use of Scroda ID, so it is really a main feature in the backend of things while also having the possibility to be optional for regular users.

well, all the cases i have seen where people lose their keys is user mistakes such as installing a malicious software, having key loggers, even bugs in some wallet implementations (eg. reused k values for signing),... and then most of the other ways i have seen such as fingerprint could potentially be vulnerable for the same users under same conditions. for example if they install the same malicious software they can lose their coins just the same!
as for methods i didn't have fingerprint in mind, mainly the DNA thing and the EEG that was mentioned in the article.

Yes I agree, the reason being most devices such as fingerprint scanners are used straight from a users mobile phone, having no reason to include a standalone scanner. The beauty about having a standalone device such as the Scroda ID headset is that no external device would be needed for the scanning phase. This would be all done in a offline environment. The Scroda ID headset would be air-gapped.

it seems i was wrong about this. i did some search and it appears that EEG is a safe procedure and the only complication i could find was the possibility of causing seizure in people with epilepsy .

Yes, not much danger in using EEG, we would in the future be looking at ways to work with those in which have a health problem in which would not allow them to use the Scroda ID Headset.
legendary
Activity: 3472
Merit: 10611
Yeah I have worked on shortening it a lot, went from 32 pages to 26 pages to now 16.
keep it up, the paper has to be a lot shorter than this. check out bitcoin paper for example. it doesn't explain any details, it is more like the abstract explanation of the whole project while focusing only on important matters.
you already have a website, add a section to it called "wiki" or something like that where you could just copy all of the extra information there.

Quote
Scroda ID would not have to be used all the time, it is useful in the case of which you want to have yourself identified for specific purposes say it could be used in a voting system, account creation/identification and the sorts.

No it would not have to be used every time, it could be beneficial in order to store your keys still you always have the option to store it offline. As your Scroda ID is not needed when conducting private transactions.

Scroda ID is mostly beneficial also to identify those who are wanting to uphold the system(nodes in who have the power to verify transactions) allowing the system to move away from PoW or PoS.
ok, that makes more sense now. but then if it is like an optional feature you can't include it as a main thing in your project. it is more like the BIPs (bitcoin improvement protocols like HD wallets and mnemonics), they aren't part of the protocol, they are improvement of it.

Quote
What exactly would you disagree on in the dangers of self-storing private keys? Many agree that it is vulnerable to hack/theft and can be misplaced/lost, it has happened to me and it has happened to others. Many projects have proposed solutions to the self storage of private keys and many people have supported the idea still they are built on weak identification methods such as fingerprints in which can easily obtained without the users knowledge. Are you saying that such methods use as fingerprints are not easy to obtain?
well, all the cases i have seen where people lose their keys is user mistakes such as installing a malicious software, having key loggers, even bugs in some wallet implementations (eg. reused k values for signing),... and then most of the other ways i have seen such as fingerprint could potentially be vulnerable for the same users under same conditions. for example if they install the same malicious software they can lose their coins just the same!
as for methods i didn't have fingerprint in mind, mainly the DNA thing and the EEG that was mentioned in the article.

Quote
Also dangers in what sense in part of the EEG? will it do you any harm to your brain? no that's why we have the information on how EEG has been used before it is non intrusive, does no damage. Could you please clarify on your end so that I could give a better response if needed.
it seems i was wrong about this. i did some search and it appears that EEG is a safe procedure and the only complication i could find was the possibility of causing seizure in people with epilepsy .
member
Activity: 243
Merit: 18

Any consulting agencies that do not charge on upcoming startups with no funds in place? Most are out there to tell you what to do and then get you to spend more money on getting somewhere. Is that really a suggestion for a startup who needs to collect funds?



If you don't have funds, and you don't have a reasonable plan of action, why on earth would you expect your project to succeed?

Do you expect an angel investor to front the development costs for your project with no proof of profitability or big names on board?

Dreams are for while you're asleep.

I know some people who have gained funds just from the idea, most angel investors even though not tech savy will have someone on their team that takes a look over the white paper to see if it would technologically work or not. We have one member on board a core developer from DigiBytes we are looking to get others to hop on board also.

Still there are some people in this forum in which do happen to have connections and if they happened to take a look at my project and it caught their interested then something could be worked out in which would benefit both parties.

Really trying to keep the thread constructive as any real feedback will be worked on as two other users have provided. You gave me a feedback and I took it in and saw that it would not work at the moment. If you really wanted to be constructive why no tell me to go look for incubators? what do they do work on new ideas from startups with no funds.

Just because we have no funds does not mean our project will not succeed. Our ideas are built on top of proven solutions we are just putting the pieces together in a unique way in order to get a better product out.

So please keep nonconstructive feedback away. There is always a way.


Lots of good ideas or plans in mind but they do just remain on limbo if one of the important factors is missing out.

Unless if the project is exceptional then it might give out some spark or interest but no angel investor would be fool enough
to throw up some money into unclear projects. Normal thing.

Yes I agree, which is why this thread is here to help clear things out for the project, if you have any advice that would help out please do so, if you notice something wrong in the website/articles/white paper please point them out so it can be worked on.

But please do not change the conversation into a how it would/wouldn't work if we do not have funds, there are ways to make it work and we are looking for users to chime in on how we can make it work.
hero member
Activity: 3010
Merit: 794

Any consulting agencies that do not charge on upcoming startups with no funds in place? Most are out there to tell you what to do and then get you to spend more money on getting somewhere. Is that really a suggestion for a startup who needs to collect funds?



If you don't have funds, and you don't have a reasonable plan of action, why on earth would you expect your project to succeed?

Do you expect an angel investor to front the development costs for your project with no proof of profitability or big names on board?

Dreams are for while you're asleep.
Lots of good ideas or plans in mind but they do just remain on limbo if one of the important factors is missing out.

Unless if the project is exceptional then it might give out some spark or interest but no angel investor would be fool enough
to throw up some money into unclear projects. Normal thing.
legendary
Activity: 2030
Merit: 1189

Any consulting agencies that do not charge on upcoming startups with no funds in place? Most are out there to tell you what to do and then get you to spend more money on getting somewhere. Is that really a suggestion for a startup who needs to collect funds?



If you don't have funds, and you don't have a reasonable plan of action, why on earth would you expect your project to succeed?

Do you expect an angel investor to front the development costs for your project with no proof of profitability or big names on board?

Dreams are for while you're asleep.
member
Activity: 243
Merit: 18
in  my opinion the biggest problem with your project is that you fail to explain how it works.
for example i just read your paper. more than 80% of it is explaining "problems" the remaining 20% doesn't exactly explain your solution for them it just mentions the solution.
for instance page 4,5,6 are explaining the problem with storing private keys (which i have to say i disagree with it being a problem in first place) then page 7 basically says "Scroda ID" solves the problem. then in about 3 paragraphs you explain works done in the field and i still can't figure out how this is implemented in your project and also it raises a big question for me: "will i need special equipment to open a wallet?" and also what are the dangers of using "EEG" each time i want to spend money!!!
you should have shortened those 3 pages into 3 lines and then explained your technique in 1 page covering every detail.

i still have to read the rest with more details as it explains the  Two-Factor Proof-of-Knowledge and the Sub-Second thing. but i still think the paper should be shortened and simplified more. the paper is meant to introduce the project in as short as possible. then you could start a documentation page explaining everything in details as long as you wanted.

Yeah I have worked on shortening it a lot, went from 32 pages to 26 pages to now 16.

Scroda ID would not have to be used all the time, it is useful in the case of which you want to have yourself identified for specific purposes say it could be used in a voting system, account creation/identification and the sorts.

No it would not have to be used every time, it could be beneficial in order to store your keys still you always have the option to store it offline. As your Scroda ID is not needed when conducting private transactions.

Scroda ID is mostly beneficial also to identify those who are wanting to uphold the system(nodes in who have the power to verify transactions) allowing the system to move away from PoW or PoS.

What exactly would you disagree on in the dangers of self-storing private keys? Many agree that it is vulnerable to hack/theft and can be misplaced/lost, it has happened to me and it has happened to others. Many projects have proposed solutions to the self storage of private keys and many people have supported the idea still they are built on weak identification methods such as fingerprints in which can easily obtained without the users knowledge. Are you saying that such methods use as fingerprints are not easy to obtain?

Also dangers in what sense in part of the EEG? will it do you any harm to your brain? no that's why we have the information on how EEG has been used before it is non intrusive, does no damage. Could you please clarify on your end so that I could give a better response if needed.
legendary
Activity: 3472
Merit: 10611
in  my opinion the biggest problem with your project is that you fail to explain how it works.
for example i just read your paper. more than 80% of it is explaining "problems" the remaining 20% doesn't exactly explain your solution for them it just mentions the solution.
for instance page 4,5,6 are explaining the problem with storing private keys (which i have to say i disagree with it being a problem in first place) then page 7 basically says "Scroda ID" solves the problem. then in about 3 paragraphs you explain works done in the field and i still can't figure out how this is implemented in your project and also it raises a big question for me: "will i need special equipment to open a wallet?" and also what are the dangers of using "EEG" each time i want to spend money!!!
you should have shortened those 3 pages into 3 lines and then explained your technique in 1 page covering every detail.

i still have to read the rest with more details as it explains the  Two-Factor Proof-of-Knowledge and the Sub-Second thing. but i still think the paper should be shortened and simplified more. the paper is meant to introduce the project in as short as possible. then you could start a documentation page explaining everything in details as long as you wanted.
member
Activity: 243
Merit: 18
Hey, I remember your old topic about Scroda. I think I have still your WP.

- Blog content. It's not necessary but since you created a blog...
- Legal: you have the TOS but not the privacy policy
- Roadmap: instead to set dates, introduce it differently
- You have 2 documents to upload once finished
- "One pager" to remove
- +1 000 000 0000 is displayed but the number xxxxxxx912


Sorry, it's just minor things I spotted on

Hahah how far back? probably a lot of outdated stuff on there Smiley

1. Ah the broken link of the blog will either remove it or link it to medium thanks for pointing that out.

2. Thanks for the suggestion will work on the privacy policy it did slip my mind.

3. Any examples?

4/5. Ok so replace one page with with privacy policy and finish the financial plan and marketing plan. Ah both hard numbers to calculate in right now without some well experienced help. will try my best.

6. Will remove the blank number as we do not have one.

So 1/5/6 will be the easiest to do, 2/3/4 will take some time.

If you need assistance with developing the plan for your project I suggest you seek the advice of a cryptocurrency or blockchain consultancy.

Most of the people on this forum don't actually have a clue how to success in the current market, and will give you advice that could send you down the wrong path.

Ask those that have succeed in similar niches as they will be able to give you the advice you need.

Any consulting agencies that do not charge on upcoming startups with no funds in place? Most are out there to tell you what to do and then get you to spend more money on getting somewhere. Is that really a suggestion for a startup who needs to collect funds?

legendary
Activity: 2030
Merit: 1189
If you need assistance with developing the plan for your project I suggest you seek the advice of a cryptocurrency or blockchain consultancy.

Most of the people on this forum don't actually have a clue how to success in the current market, and will give you advice that could send you down the wrong path.

Ask those that have succeed in similar niches as they will be able to give you the advice you need.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
Hey, I remember your old topic about Scroda. I think I have still your WP.

- Blog content. It's not necessary but since you created a blog...
- Legal: you have the TOS but not the privacy policy
- Roadmap: instead to set dates, introduce it differently
- You have 2 documents to upload once finished
- "One pager" to remove
- +1 000 000 0000 is displayed but the number xxxxxxx912


Sorry, it's just minor things I spotted on
member
Activity: 243
Merit: 18
I started working on my idea back in January of 2018 throughout the way there was a lot that was put on the whiteboard and a lot that was erased a lot of back and forth to be honest, re working on the white paper, getting the website created, the dashboard working and finding some team members to hop on board. Over the course I have received a lot of feedback, I mean a lot while at the beginning it was quite hard to accept I got used to it overtime as these feedback were meant to help me succeed.

Now I am making this thread for those reading and with the experience and time to be able to organize everything and put me on track to gain investment to do so if possible.


Today I just finished uploading the re worked on whitepaper, removing a lot of junk material that wasn't needed. Just updated the website.

What I am missing

  • Updating roadmap - working on getting all current deadlines put in place, currently working on getting testnet out and see where we go from there.
  • A community - Community manager is working on getting translations in place and we will start working on gathering a community ASAP.

Roadmap takes some time to put in place as we have no funding, so with no funding it is hard to tell when everything will come into place.

Help me find out what I am missing so that I can work on it.

What is my project about?

Scroda is revolutionizing democracy while focusing on scalability being the first project to introduce a solution for on-chain scalability through sub-second zero-confirmation transactions, security through a new quantum-resistant algorithm, and privacy through the removal of third parties when routing transactions. In return giving the Scroda infrastructure a higher integrity level over other currently publicized infrastructures. The use of EEG as a biometric encryption allows Scroda to give power to the people by fusing democracy and blockchain technology.

Visit our website at Scroda.io

What is our MVP?

Our MVP is the Sub-Zero Protocol which permits Scroda to achieve sub-second zero-confirmation transactions all due to two chains coming together and becoming one, Yin and Yang. Blockchains to this day verify transactions on a block to block basis thus allowing for attacks such as the reversal of transactions through a 51% attack. The harmonization of both chains working together to process transactions enables Scroda to obtain security while allowing for it to scale. Relay chains, the establishment of an order-of-events, and the verification of transactions on a transaction to transaction basis before permanently being placed on the Scroda main chain allows for zero-confirmation transactions in sub-second time.

Read more at https://medium.com/@scroda/scrodas-sub-zero-protocol-walkthrough-c1677f3d60fa


Any feedback is welcomed, seriously.

I am wanting to get everything ready to reach investors and as I have no connections would need some advice on how to gain investment.
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