Hi. I don't know if the comment above is a sincere one, or a smearing campaign, but let me start by introducing myself and following-up in the kindest of manner possible.My name is Hristian Daskalov. I am a co-founder of the Center for Open Science at the Technical University of Sofia and in that position of mine, I am the founder of OS.UNIVERSITY project.
I cannot express a stronger disagreement with the narrative that you are expressing in regards to the project itself, because this is the first-ever university ICO campaign worldwide, and as such, we have been working for almost 3 years to build the future of education on the blockchain in the most compliant and sustainable manner possible.
While most of your comments around the Wings integration are baseless, because they have clearly been answered already, i would like to speak solely about the project. The integration comments I will leave for my colleagues to answer if they decide that your comments are not biased. (we have a recent post on the subject in Medium, which you haven't looked at -
https://medium.com/the-os-university-blog/faq-from-the-wings-community-3c4cb8266ddd)
There is a 20-minute video interview of mine on Bloomberg TV, regarding the project, that was aired just days ago -
https://www.youtube.com/watch?v=oWV8wdh2GgQ . As you will see from the interview itself, we are leading an international R&D edtech initiative, and the crowdsale campaign is just a small, yet important part of what we do. It is not an end-goal and this is quite obvious, given our upcoming launch in JUNE, before the crowdsale (!). What kind of a scam project will launch the actual product prior to the fund-raising round?
And if a team goes ahead with its product, i.e. platform, where its utility token can get in use for the holders, how can this be called a scam with all the ignorance and arrogance on the world? I really try to understand your logic, but it is a logic that excludes actually reading anything that is loosely related to our official documentation at
www.os.university.
If you really want to investigate a project investment-wise, start by reading the investment brief at the last page of our pitch deck, where we have clearly outlined the funds raised thus far
https://os.university/static/pitch-deck.pdf and the fact that most of our backers are non-retail investors with their names, brands, place on our roadmap and role as early adopters.
And here is something educational to end up with. If you really want to lead people around investing, here is how you valuate a token -
https://drive.google.com/file/d/1sCN-w0u7wLbsS1VqfnOqPoIFsnILRp8U/view.
Best of luck,
Hristian
Hello, HristianD, and glad to see you here following up. I assure you, I am not trying to create a smear campaign. The last thing I would want, is to create a bad name for Wings by creating smear campaigns against projects which utilize WingsDao for evaluating their token sale.
For those of you who do not know the post he is responding to, here is the original post.
https://bitcointalksearch.org/topic/m.35976973You say that my comments around Wings integration are baseless and that they have been answered already, and you included an article here.
https://medium.com/the-os-university-blog/faq-from-the-wings-community-3c4cb8266dddThe most important part of this blog states "Currently the tech team is working on a solution for this after we’ve got in contact with them. Update on this point will follow shortly."
Until an update is made regarding this situation I will not unflag this project.
There are three ways to utilize Wings, and they are as follows.
In the Beta, anyone who deposits 5000 WINGS can post a project. The beta version also allows for automated and semi-automated payments of rewards to forecasters. Note that projects can use the following methods:
1. WINGS contract generator of ERC20 token sale
This is fully automated
2. WINGS Integration (
https://github.com/wingsdao/wings-integration)
This is fully automated IF implemented correctly.
3. WINGS Light Bridge (
https://github.com/WingsDao/wings-light-bridge)
This is not fully automated; meaning the project serves as an oracle and manually fills the rewards tokens into the contract.
Method #1 is meant for projects which do not have an ICO contract already, if they do forecasters are recommended to question the project leads as to why they are planning to issue 2 tokens.
Method #2 forecasters are recommended to collaborate and read the actual smart contract(s) code to determine if the integration will work. If a contract with bad code is accepted, there is a possibility that rewards payments will not occur correctly.
Method #3 requires the forecasters to establish some form of trust with the project leads that they will carry out the requirements to resolve the forecast and make payment. This is the most risky and requires extra care and due diligence on the part of the community.
Your project, chose to follow method 1, which is fully automated, meaning, for rewards to be calculated and for Wings forecasters to receive a reward, the contract will have to go thru all of the steps, from forecasting, countdown, launch, after the sale ends, the contract will calculate rewards, and last but not least, it allows a way for forecasters to claim their rewards.
And there lies the problem. Since the current contract does not allow KYC, and since you will be implementing KYC, you will not be able to go thru the steps needed for this to be an automated process, thus, forecasters will have no way to collect rewards, and in fact, rewards cannot even be calculated without going thru all of the steps.
The right thing to do, is cancel this forecast and either follow method 2, or method 3 so that wings forecasters can be rewarded for their due diligence.
As of now, my flagging is only about not implementing correctly and letting you know, that you need to cancel this forecast and unfortunately will have to pay another deposit of 5000 Wings to relist.
I still stand by my statement that everyone should flag this project, as it has been implemeted wrong, and although I believe O.S.University wants to give 3% of their tokens to the community, how will they calculate rewards? Manually? And if so, are they going to manually send the reward to all the forecasters? This is the only way I see that it could be done.
Do what is right, cancel this forecast and either follow method 1 or method 2!
I have not came to the conclusion, that this project is a "scam" as of yet. However, I would like to see an explanation as to why some of the funds that have been contributed to your presale have been withdrawn from the crowdsale wallet to the address below and then used to invest into the RxEal crowdsale.
https://etherscan.io/address/0x24820b6cf0ef6c4c5a61e90970eddbf050ef7c3e
)
