Please address this:
https://www.linkedin.com/pulse/tradove-bbcoin-review-zaid-mahomedy/
"The white paper offers a competitor analysis of Tradove against other platforms - as they existed a decade ago.
It states that they offer something better than volatile fiat markets, but the term sheet states that their is high risk with their token price. It doesn't mention any "stable coin" mechanisms that BBCoin will employ to stabilize the price (against the USD or a basket of currencies?).
No mention of escrow protection mechanisms or how the return of inferior or damaged goods is handled (on the blockchain and in practice). AliPay, Paypal, Amazon and even the credit card companies have buyer protection guarantees. SAP's Ariba network offers superior functionality beyond the features listed in the whitepaper. No explanation has been offered on how Tradove plans to offer advanced / superior endorsement functionality of professional contacts."
"The tokens are not a security and do not entitle the holder to dividends from the success of Tradove. With BBCoin, token holders can only use it to pay for advertising in 2019, and to pay for goods in 2020 if the project plan is implemented without delays. Why should investors buy tokens in early-2018?"
Thank you.
https://www.linkedin.com/pulse/tradove-bbcoin-review-zaid-mahomedy/
"The white paper offers a competitor analysis of Tradove against other platforms - as they existed a decade ago.
It states that they offer something better than volatile fiat markets, but the term sheet states that their is high risk with their token price. It doesn't mention any "stable coin" mechanisms that BBCoin will employ to stabilize the price (against the USD or a basket of currencies?).
No mention of escrow protection mechanisms or how the return of inferior or damaged goods is handled (on the blockchain and in practice). AliPay, Paypal, Amazon and even the credit card companies have buyer protection guarantees. SAP's Ariba network offers superior functionality beyond the features listed in the whitepaper. No explanation has been offered on how Tradove plans to offer advanced / superior endorsement functionality of professional contacts."
"The tokens are not a security and do not entitle the holder to dividends from the success of Tradove. With BBCoin, token holders can only use it to pay for advertising in 2019, and to pay for goods in 2020 if the project plan is implemented without delays. Why should investors buy tokens in early-2018?"
Thank you.
Tradove is soaring towards its hard cap, so while I and our investors recognise that there are challenges on the road ahead there is no reason to think that these challenges can't be overcome. Stable coin solutions will be discussed with our blockchain development team, the use of smart contracts will protect our users and grant buyer protection, etc.
At the moment what we are seeing is people putting tremendous value in the big picture - a truly revolutionary B2B product - which should be held now while it is affordable and cashed later when we have deployed the massive army of capital against these standard developmental challenges.
I appreciate the review and thank you for bringing it into the discussion - but these technical challenges will be overcome in due course and the community will be kept up to date on these advancements.
For now the question really is do you see value in what is being proposed here? If not, you don't have to invest - but if, like many others, you see Tradove as a true solution to a problematic industry, I urge you to get on board.
Good Fortune,
- Kent
