This is now the third or fourth privacy focused fork off RaiBlocks. And just like all that came before this one, there's no information about the developers, no white paper, no anything really. I'm all for announcing a coin before it's released, but common practice in the industry now is releasing the white paper with the announcement, and also listing all people working on the project along with their past work history and experience. Without this it just comes across a bit shady, especially when your're asking for donations right out of the gate.
I'd gladly make a donation here, but you need to release your identities, and I'm urging everyone that's donating regardless to proceed with extreme caution here. Many people donated to Stone, only to have nothing come from it and no communication from the developers.
If you release your identities, and drop a white paper, I'll have my donation in your XRB wallet immediately. Release a beta wallet and open the faucet to start actually collecting the coins and I'll go HEAVY. But until then this just feels like smoke and mirrors and projects like these are really starting to put a damper on RaiBlocks core.
For the sake of being optimistic here, you guys should consider releasing a newsletter of some sort. One where you can provide progress as you go.. Show us your work, don't tell. Consider creating an open Github repository so people can actually see the progress you're making with the code. If you release your id's and open the faucet, you can notify your followers through the newsletter. Or even a Medium account with regular updates... Just more information is needed in general.
Hey Cawfee, we appreciate the constructive criticism and look to answer your questions properly.
As for why we made a PRE-ANN post, we initially weren't going to make our initial post till mid-February, though seeing other projects pop up (though their legitimacy is questionable), we decided to just get our name out there as seniority is incredibly value within the crypto community, with Bitcoin itself being a prime example. The reason we added the option to donate was to allow early adopters to get in while allowing us to achieve some capital to expand our dev team and such.
In regards to identities, we do plan on revealing ourselves at the time of MANTA being fully released. We do hope to impress people such as yourself with the release of our whitepaper in mid-February and look forward to releasing our game-changing currency.
Sincerely,
Brian