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Topic: What can I do to make it more transparent? - page 2. (Read 504 times)

hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
In my opinion, you need to tells the details of your plan in here so we can know if your project will potential to be fraud, pyramid, scam or not and we can give our suggestion to you what you should do to prevent that things.
I think it's more transparent for us to see your project while you can continue to work with your project while we can keep in touch with you and give more advice to you so your project will get success in the future.
Although you leave the open source in etherscan, you don't explain the details of your project, we still guessing and we cannot give a suggestion if you are making something wrong in someday.
hero member
Activity: 1582
Merit: 670
There are a few ways.

1- You should make the entry into the market completely cash-free and without using a bank account.
2- You can use a set of coins that are confidential. For example, DASH is one of them.
3- There are a number of applications. They give your krypton back to you in different ways, and make the follow-up impossible. You can find it with names like Mixer or Blender.
sr. member
Activity: 980
Merit: 294
Technically, using an open source smart contract is already transparent so what you'll need to do is how you convince people that you ain't those shittty dumb scammers. Likely, the bottom line here is how the profit generated as what the others had mention, you need a solid proof.
full member
Activity: 924
Merit: 148
If you are storing crypto assets then it should be enough just to show on the blockchain that you've got some tokens or coins in your wallet. Modern hedge funds work without any significant part of transparency and everything is fine because they are providing quarter reports and stay under control of governmental bodies.
In your case the only transparency feature that you need is to show that you own some particular assets which you can simply show on the blockchain.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You just need to show the flow of the capital inside this project. The ultimate proof and transparency within projects like this, is when you can show proof that new investors money are not channelled to pay older users, which normally happens in traditional Ponzi schemes.

The origin of the payments has to be linked to a legitimate income source that are funding the subsequent payments. What will generate the income for the investors?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
I would like your opinion. What can I do to make it more transparent?

Probably by first telling us how you're going to "generate profit" for all your members in the first place, as that's probably the biggest factor to your project's success. The money has to come from somewhere.
member
Activity: 686
Merit: 15
If you are going to tell investors to bring in their money to some portfolio for management by your software, by so doing, you have taken over the control of their fund, that to me is just another Pyramid or Ponzi scheme. Except you are talking about a software that gives signal for people to make their final decision either to pick the trade signal or not, not directly helping them, because it's going to fail as time goes on.
legendary
Activity: 3080
Merit: 1500
Quote
Some people should already know that I am scheduling a smart contract that generates profit for all its members.
The contract will be an autonomous investment fund, the management will be done by the own quotaholders.

How the profits are generated? Is it through the smart contract where money makes more money? Or is it some kind of real world investment fund where the money is invested and based on the performance of the underlying businesses, a profit is generated?
jr. member
Activity: 78
Merit: 2
Hello everyone, everything good?

Some people should already know that I am scheduling a smart contract that generates profit for all its members.
The contract will be an autonomous investment fund, the management will be done by the own quotaholders.

What can I do so the contract is not charged fraud, pyramid, scan?
because many people do not even understand some projects and they already defame them, as it does with BitCoin.

I intend to leave open source in etherscan along with a reading manual for non programmers.
In addition to making room for javascript programmers. They will be able to create their own investment platform.

In addition to leaving a field so only members can post their experience directly in blockChain.

I would like your opinion. What can I do to make it more transparent?

Thank you!!!
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