So alty, whats the plan here man. Cloak style pump, or just slow dumping for years?
Hey,
Price increase and stability driven by consistant development are what we are aiming for at Rise, we can do the latter because we are well funded which is something that is lacking from many projects.
There is no one single event that we are building up to and relying on because it's "the best thing ever", for Rise there are lots of projects already on the roadmap and each of them may lead to new ones as we mature.
Right now we're working on maximising the transactions per second so we can scale as much as possible without completely changing everything, that was not on the roadmap initially but due to the way we are working we've decided it's better to get a solid foundation in terms of transaction scalibility and stability over rushing out plans on the roadmap then regretting not being able to handle enough tx to deal with demmand as we expand.
From the coding side, I don't see how there can be a massive point of failure that would create a panic selling event (dumping); but if people end up getting crazy with speculation and create a rapid pump scenario that's out of our hands. To reiterate we want to create long term stability over short term volitility.
He should have salary, and he plenty of cloakcoin.