Although I find the concept quite interesting I am still not sure what the benefits of investing are yet, additionally, can someone please tell me if I will require a wallet to send funds or can I use an exchange?
I cant talk for investing because its reckless but the concept should speak for itself.
Its a working set of privacy tools. Its a working marketplace prototype being moved to a platform that is neutral not bias. Meaning it opens its doors to the world instead of only a few sections. Its more funding, more exposure. Its the next logical step for a crew of developers and testers who have generated a suite of tools ready enough to serve a real world market! Its time for it to become production ready.
It's not a cash grab? It seems like the "foundation" realized that they could capitalize on the platform by separating what they've been working on by offering it up as a new crowdfund and taking profit for themselves instead of developing on the current project....right?
Its a startup project and the assets are real, we've tested and seen them with our own eyes! How do you move forward without funding?
I'm not saying that an innovative project shouldn't offer investment opportunities to the community. The way it happened feels underhanded....We've been supporting the network all this time, and now the network we've been supporting is getting abandoned and its "support equity" is being held up for ransom....The new project seems very promising, but the roll out seems like an underhanded maneuver to take profit off the backs of those who've been supporting it. Right? It just feels wrong morally....
Its their tech, they can do what they want with it. People can keep the Shadow chain, tech and branding if they want to however, they will have to find competent developers to work on it and
PAY THEM!
They don't work for people playing with the currency market. They do not work for the exchanges! People have been freeloading from their work for a long time you know. Its the beauty of open source and its how it should be.
They work for themselves, their vision and you could also say their own profit somehow. We support that vision and some even bet on its token on market exchanges. (which have nothing to do with the project!) Those are our choices to make. No one forces us to do anything. We do it knowing full well it could all have been for nothing or all for something.
The development team have been through thick and thin in this space. They have proven themselves so many times. They are still here and chose now to evolve. Its our choice to evolve with them or walk away. Anyone who got in early has profited. Those who bought on a rally and chose to sell at a loss cant blame anyone but themselves. Its a whole separate game they took risk in.
Those who bought in looking for a quick profit over the last few weeks and now have to hold to regain their money back or even risk waiting for a better yield do so at their own choice and risk. Its the game they entered into knowing full well it could happen and knowing full well they could be rich now or having to hold. There was no waiver but i'm sure if there was one it would have been signed for the chance to become rich. Its not the developers fault that people had a choice and a chance to get rich on another platform, using this techs token. Why are they responsible for the actions of these people when their focus is the tech.
If you chose to bet on it on a exchange then how on earth is that the responsibility of the developer. They made the tech and maintain it and you chose to use it in a risky game then i argue you wear the responsibility of it.