this coin did an ico almost 2 years ago...and all it has delivered is a wallet, new website, and a dividend calculator.
this dan guy makes alot of promises, i've read all the threads, and yet there is always a consistent delay or excuse.
and this coin is trading at 40 million market cap? wtf?
alpha coming, beta coming, chille coin coming....
this is a one man show with a secretary....why doesn't he hire more programmers or make a team?
what a joke.
Someone please comment this. Is it true?
This coin indeed had an ICO in 2015. Originally SAFEX was to be built on the Maidsafe platform, but because that platform had too many technical difficulties it wasn't going to happen. In 2016, after too much delays with Maidsafe, in a community vote it was decided to build a new blockchain from scratch.
Since then work has progressed nicely and everything Daniel delivered has been top-notch. Yes there have been delays, but he always delivered in the end, and put quality over speed which is the correct prioritization in this business. It seems Daniel and the team learned from their mistakes during the wallet release (promising too much too fast) and i doubt they will make the same mistake again.
fud or not, these are just the facts.
dan may be a talented guy who could pull it off, but there is a reason why he's pretty much a one man team and nobody else is working on it...funding? business skills?
if you call progress nicely a wallet, website and calculator, then sure.
of course everybody here who holds coins will shill...i'm just presenting this as i see it, from someone who doesn't and wont' hold any coins.
Indeed development hasn't gone extremely fast, but more has happened than that - the groundwork has been done for the project so now development has truly started.
He's also not a one-man team anymore. The team has been expanding the last months with economists and developers.
Furthermore, Daniel has some crazy skills from his background working in finance, so he's more than qualified to lead this project.
They also have quite the dev fund because Daniel invested wisely over the years, they could go on for years if they needed to.
I've been following this project since the start and i see that over the last 6 months:
- The community has grown fantastically. Lots of new and engaged people and initiatives
- The team has expanded, and delivery has been speeding up.
- The team is becoming more and more proffessional.
However you look at it the project has merit. The question is if they are going to deliver, and i clearly think so. Not based on wishful thinking, but because i see a healthy development of the project.