So from 'Concept Development' to commencement of 'Software Development' takes 1 whole year, and then another 6+ months before any projects are launched??
Definitely one for the totally passive and patient investor, who does not worry about becoming totally irrelevant, methinks.
Good luck.
Hello Stereotype,
The timeline starts January 2016, this was to detail the past 10 months prior to our launch. After the sale ends December 31st (or earlier if it caps), tokens are sent out then our team moves towards launching the business sites since the market research, conceptual design, and most payment models are already finished. If you get the chance and time read the whitepaper, the micro framework we are using gives us speed and mobility to move quickly so we can get to the fun part of marketing, user acquisition, and retention. Feel free to join us in slack if you need more clarity on time frames.
I been following your group for awhile and I see you're good at brand building. How will you overcome if one of the sites launched doesn't do well?
While of want (of course) every site we launch to be a hit/success, the reality of the situation is that it is extremely difficult to predict the markets' reaction to a newly launched site/service/product and as such, we don't expect every site we launch to be an major success; having such expectations would be unrealistic. This is one of the reasons why we plan to target multiple markets; we don't believe in putting all our eggs in one basket (so to speak) and we believe that chance of landing a significant success is higher if we target multiple markets. Given the business model we are pursuing, one site becoming a major success should be enough to distribute significant profits to token holders, with future profits providing additional profits for token holders.
If you read our whitepaper, you will see that we don't plan on pouring money into unsuccessful projects. Projects are expected to carry their own weight (financially speaking) within 6 months of being launched; if that is not the case we will investigate whether we can pivot the service into a direction which will make it successful. If this is not the case, we will not invest more money into it but will rather attempt to have the project 'glide' along to give it time to grow without additional investment. If this fails, we will probably retire the project rather than pour additional money into it; there is no purpose to pursue projects which are not accepted by the market to a degree which gives them a perspective for long-term success.
We have stated this in our whitepaper, but it makes sense to repeat this here: we plan to run our operations in a frugal manner. We will not waste money on company cars, offices, company parties or any other sort of that type of nonsense (I have personally worked for companies which spent lots of money on such things and, to put it politely, simply don't think this is a productive use of funds). We intend to make any funds we raise last as long as possible in order to allow us to launch and nurture as many projects as possible.
If you sell a business or in talks to sell how soon can we get knowledge of a business sale? I'm not day trading but a big sale would have big impact on janus token price. Can investors in the token sale get info first since we backing your team financial?
We will have to define some sort of policy for that. Please see our whitepaper for details on how we plan to have token holders participate in the company decision making progress. It makes sense for this being a two-way street but at the same time we want to be careful not to engage in blatant market manipulation. The other side of the coin is that until a contract is signed, everything is up in the air and can change at a moment's notice so we have to be very careful here. The truth is that we don't expect Janus tokens to widely traded but rather to be held as a vehicle for holders to receive profit payouts; the market will decide what the proper environment for Janus tokens is, but our intent is to have Janus tokens in the hands of long-term holders who believe in our mission and our ability to execute on our plans. Token holders are of course free to do with their tokens as they wish, but given the nature of Janus tokens and the value they represent, our conviction is that this will not be a heavily day-traded coin/token.
Where will the company be located?
This has not definitely been decided yet ... we intend to found the company in a tax-friendly location and are investigating a number of options. We also have some ideas to make sub-company acquisition attractive but this will be revealed when the policy is set/finalized.
