Topic: WeTrust vs Edgeless - page 6. (Read 8621 times)

It is an interesting comparison, but they are totally different projects and build in different realm. You know WeTrust is a financial platform, more specific it is insurance platform, but edgeless is a casino platform, to aim profit like yearly like fiat casinos. Personally I prefer Edgeless, because the gambling industry has more fun, people like gambling over insurance.

It seems Daniel review and evaluation of WeTrust will certainly expose the project to more potential investors, I believe Edgeless is better because the market is there and Casino business is huge but for WeTrust I can't reality say how they will attract users to their platform which is a very big issue for me

I will go for edgeless. I dont know. These two ICO looks very promising. But i think edgeless is better. Gambling is very popular in the cryptoworld. So i think edgeless is better. WeTrust is good too. I just read that Iconomi will support WeTrust. Im not really a fan of ICOs because its risky. But we'll see what is better when they're both release in the market.

Both these projects have different ideas and no comparison can be made on both.

I believe both these projects will be successful

if I think it's better edgeless

why I prefer edgeless ??
because repayment edgeless lot more than wetrust and Edgeless is a gambling platform with 0% house edge, so gamblers will have more confidence

 

I think both of them have potential and will have sucess with a good and responsible team. But if i have to chose, i will take Edgeless, 0% Edge is too attractive to gamblers, so hopefully  they will loose their money on there 

i vote Edgeless . Because it's a creative project.

if I see the project into two coin will be a success, but I would be more successful gen edgeless
 

both of them are good project, but i give my vote to wetrust, if wetrust team can implement business ecosystem it will be good project

Where did he write or say that?

I read he concluded, "Conclusion — Neutral". He isn't endorsing it.

I also posted a comment on his blog:

If must choose to option wetrust or edgelees
iam choose wetrust, because Iconomi dev interest join to wetrust project, you can see icomi dev high trust , and succes ico selling

but if  you want buy ico selling another two option, iam recomended in my use signature, the Legend room coin
porn and gambling is high intrest investor to join

Notice how he responds to my post by trying to bury it with more 18 point colored text endorsements from some more guys who have taken your money from you in the past.

Edit: he deleted his post that was between my two posts (this one and the one immediately above). He originally had post announcing Bo and Vitalik has just joined the project with huge photos and colored text. So clearly we can see he is disingenuous.

Since you come over here to shill with 18 pt colored text and emphasize the importance of the views of other past ICO sellers (what software has this guy ever accomplished?), let's at least quote him more accurately:


Feelings are nice. How about specific objective points that we can sink our teeth into instead of nebulous gut intuition.


A dose of objective reality.


The bolded is an important warning. However, it is also incorrect to state that the potential is $450 billion. The potential is closer to $0, because none of that $450 billion market knows anything about crypto or has any significant incentive to use a crypto system. Many of your "potential" users don't even use computers!

The "build it and they will come" delusion.

But you as a speculator don't really care about adoption. What you care about is if they can do some really good bullshit marketing like Vitalik et al did for Ethereum.

Ethereum was selling a dream. But that dream was actualized by producing virtual machines and research.

WeTrust has a marketing problem because the dream actually has to be actualized in adoption. No amount of press releases about endorsements by NGOs and other bullshit will really matter or will it?


He has the same criticisms I made which I formed after glancing at the project for about 2 minutes for the first time.

The barrier to entry is obvious and huge.

It is a reasonably interesting idea. But they don't need $6 million to get to the next stage. They are not even coding a blockchain, as they are using a smartcontract on top of Ethereum. They should be more modest and set their maximum at $2 - $3 million, so that their ICO investors have better ROI and there is more upside demand from investors who wanted to buy but could not get into an oversubscribed ICO.

Besides Ethereum can't scale. So anything built on Ethereum can't scale. Casper is fundamentally flawed and will never work.

It is an interesting idea. And they could in theory transition their idea to any better blockchain that might come in the future. It is a worthy research. But less hype and more sober presentation would be more respected. And stop trying to cash out $6 million for a smart contract and some mobile app. Work hard boys on a minimal salary as all dedicated founder startups do.

One of the "potential" reasons the ICOs set a large maximum is so they can borrow BTC and buy tokens from themselves. So they make it look like they raised more $ than they did and then they have this huge hidden premine.

Ico The second is that will fight in March. equally as nice and I'm sure both of them were able to get a minimum of targets ico. I prefer to success edgeless. because of the history of coin gambling ico average success

@eastwind_ja: I've answered your question in the main WeTrust Announcement. 

how  do Wetrust implement the confirmation and  audit of the  users claims?  we can not do this without  human-work

i think gambling casion have big chance can give the porfit to investors

so i have vote edgeless

Trust and adoption seems to be the concerns of The community about Wetrust Project, given the facts that trust is an unlikely matter and adoption of Loan trust circles that Wetrust plans to build maybe low considering the fact that anything Crypto isn't grandpma friendly.


But a quick look at Edgeless tells you of it's potential. The gambling industry is very massive and wouldn't have issues with any adoption of some sorts.

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Either way, Both Project are promising but If I were to chose, I'd go for edgeless.

The main tagline from the website is:
A platform for Trusted Lending Circles, powered by people and blockchain.

The slightly longer explanation from the whitepaper is:
WeTrust is a collaborative savings, lending and insurance platform that is autonomous, agnostic, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack alternative financial system that leverages existing social capital and trust networks, eliminating the need for a “trusted third party”, allowing for lower fees, improved incentive structures, decentralized risks, allowing a greater amount of capital to reside among the participants, and ultimately improving financial inclusion on a global scale.

Personally I find the concept very interesting. The goal is to build a platform with increasingly complex alternative financial and insurance products. The first product being developed is an application for Trusted Lending Circles (aka Rotating and Saving Credit Association/ROSCA).

They have a website at www.wetrust.io, a blog at medium.com/wetrust-blog and there is a proof-of-concept available on rosca.wetrust.io. To hear the Founder's talk more about the project in their own words, watch the CoinFund's Hangout or listen to the Blockchannel's podcast with them.