Topic: WeTrust vs Edgeless - page 4. (Read 8569 times)
Its hard to choose between wetrust and edgeless. If you look into each seems they have a good project. I beleive in wetrust and edgeless goals, so lets see what will happen next after the Ico ends.
Edgeless has collected 50k ETH on first few hours of the ICO,So the start is a success.
Easy to do when the beneficiaries borrow ETH (or BTC), then buy the ICO from themselves, thus they can pay back the loan and keep the ICO tokens.
So we end up with the insiders secretly owning most of the supply. Since they don't really need the maximum they allow to raise for their expenses. It is one big scam. And you all fall for it every time.
P.S. credit @smooth for first making me aware of this in 2015.
get the fuck out of here you negative ass. get a life.
say this out loud everyday...
eye we todd did
Its difficult to pick between the two distinct projects as others have already said but not to bias I believe the Edgeless project can easily blossom into a rewarding investment because the casino industry is an eminent place for cryptocurriencies.
@SHAWN-MIDWAYS: Check out our website for an updated dashboard. I think you'll like what you see...
Its difficult to pick between the two distinct projects as others have already said but not to bias I believe the Edgeless project can easily blossom into a rewarding investment because the casino industry is an eminent place for cryptocurriencies.
I choose both wetrust and edgeless. They have different project, the same goals. Lets just watch and observe this once the project will send. Because I beleive their is a future ahead.
Too early to speculate about 'pumps' 
Edgeless has collected 50k ETH on first few hours of the ICO,So the start is a success.
Easy to do when the beneficiaries borrow ETH (or BTC), then buy the ICO from themselves, thus they can pay back the loan and keep the ICO tokens.
So we end up with the insiders secretly owning most of the supply. Since they don't really need the maximum they allow to raise for their expenses. It is one big scam. And you all fall for it every time.
P.S. credit @smooth for first making me aware of this in 2015.
I believe wetrust will be a successful project and collect more than 1k btc
Though the WeTrust ICO has been postponed by 24hrs I will like to see their performance, the first hour performance is key for this project because of their first day bonus.
Edgeless ICO hit its minimum target in less than 24hours.
Edgeless ICO hit its minimum target in less than 24hours.
I see these two projects have excellent potential and a second developer is very hard work to build the project, but what's your choice?
WeTrust Thread https://bitcointalk.org/index.php?topic=1773367.0;topicseen
Edgeless Thread https://bitcointalk.org/index.php?topic=1718384.0;topicseen
WeTrust Thread https://bitcointalk.org/index.php?topic=1773367.0;topicseen
Edgeless Thread https://bitcointalk.org/index.php?topic=1718384.0;topicseen
If you got funds to invest and to take risks, then invest on both the projects and hold for some time till you get good returns, it will be safe to book profits if any of the tokens price gets pumped to x2 or more. Take out your principle amount invested that is, if things go well. All the best!
Thanks for your thoughts! One can multiple fake identities but it may not be easy to convince your friends to join this group that has some unknown identities. It comes down to how you would be able to convince other people (friends, trusted associates) to participate with you in this ROSCA circle. That would be difficult, because they would be able to see the email account, want to know their names, meet them etc...
At this time, you can invite others, and get invited to a Trusted Lending Circle, so you won't have the opportunity to interact with someone you do not know. The concept of a lending circle (aka rosca) is very different from lending club where you interact with strangers. In a Trusted Lending Circle, you verify that you know these participants before joining. Is that helpful? thanks!
At this time, you can invite others, and get invited to a Trusted Lending Circle, so you won't have the opportunity to interact with someone you do not know. The concept of a lending circle (aka rosca) is very different from lending club where you interact with strangers. In a Trusted Lending Circle, you verify that you know these participants before joining. Is that helpful? thanks!
Not particularly. If your lending between your close friends, you could just do it in person or over the phone no need for a new coin or software.
If the "circle" is more a local town or city, then your back with people getting info off facebook and forging ID's.
So i'm sorry but I still think project is doomed unfortunately.
ico early opening time edgelass able to get 40k eth within 40 minutes was incredible. I am sure this success ico we trust will also be successful later
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both project seem to be a good project, both of them has a potential to boom, but since they are both new in this field we can not say what will be the outcome until we both see them in competition at the cryptomarket.
WeTrust has a very good team and good backers (including Bo Shen and Vitalik). I will trust them.
I hate the coin just use the big name to backed his project and sell that name to gain more hype and demands. This so sucks in my mind. Watch Out, the ICOs Are Coming
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The 3 typical characteristics, team, product and market seem to have taken a secondary position to the 3 new magical words: tokens, blockchain and decentralization.
Token utility linkage is not always there
The assumption that everything with a potential network effect is going to work with a decentralization starting point is not entirely true. The blockchain is not for everything.
The solution or product being developed needs to have a solid business model linkage that has a particular value when decentralization and/or tokenization of actions take place. The promise of a new model needs to be very compelling.
In the name of decentralization, the promises are big. You can’t just slap a token to anything, and expect magic to happen.
The token is not the business model. The value proposition or utility that is enabled by the token is the business model, and that linkage needs to be there early on. If the direction is not right, the chosen path will not lead to a good place.
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The 3 typical characteristics, team, product and market seem to have taken a secondary position to the 3 new magical words: tokens, blockchain and decentralization.
Token utility linkage is not always there
The assumption that everything with a potential network effect is going to work with a decentralization starting point is not entirely true. The blockchain is not for everything.
The solution or product being developed needs to have a solid business model linkage that has a particular value when decentralization and/or tokenization of actions take place. The promise of a new model needs to be very compelling.
In the name of decentralization, the promises are big. You can’t just slap a token to anything, and expect magic to happen.
The token is not the business model. The value proposition or utility that is enabled by the token is the business model, and that linkage needs to be there early on. If the direction is not right, the chosen path will not lead to a good place.
...
Neither WeTrust nor Edgeless need their own token. Someone will create copies of their smart contracts which operate with ETH or BTC or which ever is the most liquid and popular token.
Users are not going to adopt a different colored coin for every service they want to use, nor go buy colored coins for every WeTrust fee they need to pay.
These companies need to develop business models that don't depend on them each creating their own unit-of-exchange, because monetary theory informs us that will never happen!
The ICO craze is for taking money from stupid people. Simple as that.
All of you who are buying these tokens are going to lose.
IMPORTANT ANNOUNCEMENT | WeTrust Crowdsale News
All,
Due to the Amazon Web Services (AWS) outage impacting numerous infrastructure services and exchanges (e.g. Coinbase/ GDAX), we have decided to delay the Crowdsale launch by 24 hours to March 2nd, 12:00AM UTC.
We apologize for this change in schedule. However, we believe that it is critical to have a smooth crowdsale experience.
Everything else stays the same, the only difference is that the start date and bonus schedule have been pushed back by 24 hours. Please help us spread this to the greater community.
Thank you for your continued support,
WeTrust Team
It is foolish to compare them. After all, they have different directions.
But for me, more interesting project is Edgeless
But for me, more interesting project is Edgeless
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