So I never understood the whole need to promote this was angel investor backed anyway. I don't necessarily think this admission is a good thing, makes me wonder why John felt the need to put this on the list of Vanillacoin's features early on in the coins life, and the later announcement the angel investors approved another year of development. Why not just state the truth all along. Once one falsehood is revealed, makes people wonder what else was mis-stated, to be polite.
This does not mean I am giving up on Vanillacoin, but it is a bit unsettling to say the least.
The angel investors simply chose to reveal themselves is all. I see mystery as integral part of the project and a positive that will contnue for the foreseable future.
Thank you for your support.
Well even though it might be claimed it was a harmless "little white lie" type of thing, I would feel more comfortable with all the facts about Vanillacoin staying unadulterated. I still think it has potential to become one of the top 10, if not even higher coins, and just think keeping things as upfront as possible would be the best policy. I do not think people would have taken Vanillacoin any less seriously if it was stated as a self-funded endeavor, or even if there were no mention of the funding at all.
I am glad you are able to devote so much time and effort to your creation and have thought one of the big attractions to the coins was lack of bold claims and promises of getting rich overnight as we see so many other alts try to do. The idea of a hidden gem amongst all the junk out there, making small but steady improvements, and not making claims that couldn't be backed up were all part of this allure. While it is certainly not the most egregious of acts, I feel it did blemish this untarnished reputation Vanillacoin had going for it, no matter how minor. The new car got its first scratch type of thing.
Anyway, this leads me to one of the other worries I have about Vanillacoin's future. Not taking anything away from your excellent work John, but have you ever given thought to bringing on more people to the project? Right now it is all you, and pretty much Vanillacoin lives and dies by your hand, or more accurately involvement. If something should happen to you, or if you were to get bored and move on, etc., Vanillacoin would go the way of so many other failed coins. I hope this does not become the case, but I think a team would inspire more confidence in the long-term success of the coin.