Topic: -snipped- (Read 4021 times)

that's relay amizing news for us
I think you will add implement for exchange as son as possibly we are waiting for that

i look sample interface for mobile app, it's cool

What do you mean by "decentralised exchange"? Please explain.

More information regarding investors will be provided soon.

Thanks all.

Hello, my name is Elias & I am the co-founder and COO of Bitmora Inc.

Things are coming along nicely here!

We are not decentralized, we are based in the United States and money is distributed globally. Read about the security response I just posted above.

Hello, thanks for your concerns. While our app, fee systems, and customer support is all new to the crypto sector, I will move onto the security concerns.
Security, the security is mostly handled by a third party partner who has been around since 2013, and never had a breach of security. We handle cold wallet locations, but to prevent hacking into the hot wallet, that's mostly handled by them. Routine 3rd party security audits are conducted to ensure the integrity of our systems as well. We are working towards being FDIC insured by beta as well. Going along with this, regular support members will not simply be allowed to touch your funds or move it, it goes through multiple levels before account funds can be moved by someone besides the owner of the account.

As far as cold wallet security, unlike other exchange where a lot of times they only have one cold wallet location, we have many. We have locations in both the US, among another country, and each wallet is different. These wallets can not be simply accessed by one person, and it takes multiple people to confirm it before it's accessible. The benefit of distributing the wallet locations is in the very rare off chance that the wallet location is disclosed and breached, then they've only taken a small percentage from us, and it won't affect daily operations.

Is it an decentralized exchange? We need more blockchain based exchanges. Hacking is a big issue!

I read the white paper and it fails to describe anything that resembles "something that no one else has done before."

To give credit where credit is due, it sounds like your proposed architecture is well engineered for scalability, though you've described no new innovations. The white paper fails to address how you've made any improvements to security which is arguably one of the most important areas.

N factor auth helps to protect the customer but what techniques are you using to protect yourself?

Thread has been updated along with the new website!

So sorry to hear about your woes. I hope your ex-business partner and ex-COO is doing well considering his family issues. Best wishes to him.

Also my best to you too. It means you will now have to take on the extra work but you seem very focused so I am sure you will do well. It cannot be easy for you and your team to have a major setback so wishing you the best.

Looking forward to reading what is available to the public on 5th July.

Yeah, everything was set for the 28th. However, last weekend my business partner had a family emergency and is no longer able to move forward with us, and was kind of a huge blow to the entire team. With that it also means his money is no longer with us either. We're still going to continue on, however document and site release is delayed until July 5th. With that said, he was also my COO, so now I'm also in a position where I need to fill that position as well getting his name off of all legal paperwork and getting FinCEN-SU transfer complete.

Thanks for your concerns,
Colton

I visited your website today but saw no whitepaper and no documents were released.

Is everything running on time? The whitepaper should have been released a couple of days a go but there has been no update here.

Thanks, we do already have a marketing plan setup which starts in the beginning of July. This is only a very early announcement for what's to come in the coming months.

Thanks for your suggestion!

I've got some suggestions for you, do a serious promotion to attract traders, launch a heavy signature campaign with at least 100 participants.
Advertise on different forums and web wallets, on crypto related sites. spend $10 grands to make people addicted to your service, maybe giving 0.2% bonus on every trade for the first month or for the first month of using your service, people need to open your app/site every day for more than 3 weeks to become a habit for them and to get used to the design and interface. otherwise face the same fate like all other dozens of exchanges out there, good luck.

28th is when all documents get released, so 3 more days.

Any update with this project? Any news?

Best luck!!

Having an app is must these days, so that's great. What features will you offer to stand out from other competitors?

Always a good thing to have competitors, just to keep the major ones in check. I, for one, feel that exchanges need to focus on exchanging and trading platforms need to focus on trading. The best exchangers I use have the highest rates and quickest exchanges. I imagine the best traders should have tight spreads and good volume to fulfill orders correctly.

The one thing that will make you stand out is support. Responsive, expert support staff that resolves issues quickly.

If yu can provide the things that you claimed you and exchangers would be really happy.

As we all know that, exchanging from APP in a mobile would be really amazing. We are waiting for you to release the whitepaper and the rest to see.

Hopefully, everything will be smooth.

Seeya