Topic: [old thread] - RISE | DPOS | APPS & DAPPS - page 143. (Read 653326 times)

Do something guys!, the price is going down and down.

Exactly.

All they are doing now is trying to cover their ass a little bit, by posting useless shits, excuses etc.
They will end up with nothing to show, find excuses.


Create new icos and repeat.

Basically, just do little stuff, to avoid legals problems from their "investors".

It's Alty, it can't be different.

I really wish to be proven wrong tho. Deep in my soul.

Off course it is, outsourcing everything to a fake shell company "Don't panic consulting" owned by Jared.

It's not alive, wait till the cash runs out. Everything will disappear into thin air. Their pretty much moving 20-30k per month into Don't panic consulting.

Allright. That sounds cool. Looking forward to the result. I think this is what helps bonding with the community.

Hi @Geenstijl, following up regarding your suggestion, I just heard back from the dev team and they're willing to take the video. They are actually in the process of moving into a new space, over this next weekend, so they said they can probably do it after that.

 

to be honest, not much happened until now.

$150k is already spent as for me the way they handle things and the communication to their beloved community. It makes me wonder on how long this will last.

I dunno man. As long as I get response this project is alive to me... The 1 million USD remaining development fund offers a lot of potential. That is if it is going to be spent wisely...

Why are you still calling him dev? He is not even a "dev".
Just some guy who fork lisk to get your money. Forget this shitcoin and move on guys.

Not yet, but it was passed on and will let you know.

With the project, it will continue ?
or will create a new project from the very beginning ? 

Maybe I missed this. Was there a reaction from the devs regarding my suggestion?

Are the remaining funds in a wallet where investors can see balance, transaction going in and out?

Yes, we are planning to offer the Rise tokens forged by our genesis delegates as bounty to attract developers to build innovative real-world projects on the Rise platform as well as other projects that promote Rise and raise its value and usage. We will write up proposals for this and the community will have a say in what project they would like to see realized. In fact, if you have some good ideas for RISE, please add them to this thread:
http://forum.rise.vision/topic/54/what-shall-we-do-with-the-forged-rise-tokens-submit-your-ideas-and-discuss

Utilizing ICO funds as you mentioned in addition to the forged Rise tokens is a possibility as well but hasn't been discussed yet in the team.

With that said, right now it isn't useful to offer these bounties because we first want to rebuild the Rise platform and get it operational before developers can actually start building production-ready solutions on the chain. Once we hit that milestone we will review the options again and move in that direction.

Is there not something we can do with the funds that could attract external developers to realize ideas for RISE? There must be something we could do with like 100 btc or so to get some innovative ideas realised?

Yes,rise is go down so much the price is only about 5% of the ICO price! It is to worse! the ico investors  lost abut all money!

Thanks for your feedback @Geenstijl. We won't be releasing expense forecasts at this point but you can expect more frequent expense reports in the future.

Any actual update on this pity scam?

Hi @coinmenace, thanks for your comments. To respond to your post and to answer your questions:

- The elements marked 'ongoing' are parts of the platform that are either still in development or parts that will receive future software updates. Even when the platform has achieved production status it will still continue to receive updates and be considered 'ongoing' as is the case with most other crypto software projects that are still supported.

- The Rise SDKs are done, developers can experiment with them and test them. In fact, the Rise desktop wallet already makes use of the Rise SDK for C#.  The reason they are marked 'ongoing' is because they are in alpha state and will continue to receive updates or bug fixes in the future as needed.

- Regarding the Code documentation, the Lisk code did not have clear code comments. So in order to figure out how the system worked our devs went through countless lines of the Lisk code base and added the much needed code comments themselves.

- The expense report mentions the API based delegate testing suite  (not the delegate system itself). This suite was developed for the use of stress testing the Lisk based Delegate system. This was needed for the sake of trying to solve the instability (fork and sync) issues. As reported last week the issues remain unresolved and we are looking into building our own code base from the ground up. The re-architecture of the code is being explored as we speak and the dev team is testing for feasibility.  

- The expense report covers 4 months from July to October. The office lease started in July and during that time the office was being set up for use. On August 2nd the office was completed and the development team started working there from that moment on.  

Wow. 140K for the Don't Panic Consulting. And investors should not panic now?

A lot are still ongoing - even the released SDK are still marked ongoing.
Code documentation of rise-core codebase - isn't this the part copied from Lisk?
Delegate system API + "Extensive Testing" - you already developed the delegate system and already did extensive testing? I thought this is not working (since Lisk has not made it work yet) and you'll start from scratch.

Office costs absorbed by Don't Panic Consulting - which did not have an office until Early August (remember the Kitchen Office) - you sure Rise did not give a dime for that? So nice of DPC.