Topic: Tilecoin Discuss Thread (Read 975 times)

About Tilecoin:
Here is the link:
https://bitcointalksearch.org/topic/ann-xtc-tilecoin-iot-internet-of-things-bitcoin-blockchain-app-761852
Tilecoin (XTC)
TileCoin’s CEO (using the alias ASIC-8tile) contacted us in regards to a trust verification. Upon meeting in the Coins Source chat, we promptly moved to Skype chat and had a long conversation about the direction and who’s behind Tile. Due to the unique nature of the coin, the founder of the coin is outsourcing the code infrastructure for the decentralized application (not the coin itself) to an external company. The external developer is not connected directly with TileCoin, but is merely employed by them. ASIC-8tile did not wish to disclose which company is working for them at this time, but Coins Source is aware of the company.

The founder was quick to respond to our difficult questions and our skepticism of the funded external company. There are currently 3 major workers for TileCoin: a lead developer, the CEO/Founder of TileCoin (who we interviewed) and an accountant for finances. Aside from that, there are an extra 5 people pertaining to the integrity and development of the decentralized application (Dapp).

We spoke for about an hour and all information was submitted to us upon request. We’ve verified the developer’s identity and will continue to monitor the direction of TileCoin, as we have close contacts with them. At this point, TileCoin will receive a 6/7 Trust Score. The final trust point will be awarded upon the coin’s 1 month anniversary of being listed on an exchange.