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RE: Social Wallet - An Introduction to WIRE
@introvertspeaks
Your unanswered questions, gave me a second thought before investing in this ICO.
I gathered some hardfacts about this project, which i wanna share with you here:
https://steemit.com/socialwallet/@roomservice/some-research-about-the-social-wallet-ico
I would love to clear some of this up for you. I will try and go in order of your research. Yes, it has been stated everyone that I was involved in Buildteam before Social Wallet. I was actually the Business Development Manager. Now, an Advisor. That should be a positive attribute in everyone's minds. Also, Buildteam didn't have to support us at all. Do you think they agreed to all of this without dissecting our technology to confirm it is legit and, from a company standpoint, that we are rock solid. Its silly to think they didn't do their own due diligence. There is no other answer except for that we are legit and the next big thing in crypto!
There is a VERY good reason you cannot find us on ICO sites. We have an outstanding legal team who is guiding us through the process of getting through the token sale without violating any SEC guidelines. We are a US based corporation doing a token sale. Very rare. So with that in mind, we can't portray ourselves as an investment. We are only focused on the amazing tech we have created and how great the functionality is. To use ICO promotion sites is a giant red flag to the US government and you should be MORE scared if we turned a blind eye and disregarded that key guideline.
Next for the domain name. We were set on a name that was not used yet. Later, we stumbled upon an ICO that was further in the process than we were that scooped the name up. Hence, we had to find another name and register the new domain name. Nothing scary there.
Next, an Upwork ad. Yeah, our developers are KILLING IT with the actual platform so we wanted more bodies to help develop the front end of our website. That was before 2 key moves. 1. We partnered with a tech firm. 2. We partnered with BuildTeam and have complete access to their team as well. Still nothing scary. Actually, more awesomeness
The logo. We've had 2 logo contests for Social Wallet's logo. One earlier than what you posted. Again, this goes back to the change in name we had to do because of the other ICO.
Our company. We are registered in Delaware as a C-Corp. Fact. We did this because everyone in crypto can be suspect and we wanted to show all users we are being as transparent and upholding of all US laws....WHICH, btw, inherently covers users who purchase our tokens. Is that scary? Nope. Its awesome for everyone!
Actually, the website is great. We encourage everyone to go to www.socialwallet.io to check it out.
It is a Pivx fork where additional staking and masternodes are available. How great is it that you can stake and masternode for MORE tokens? Again, awesome.
Your statement about a minimum target is irrelevant. Our platform is ALREADY BUILT. That means we aren't using funds to develop the platform. People could only purchase $1 and the platform will still go live. The money isn't used for that. You are still thinking like a traditional ICO. This sale is for our Utility Toke called WIRE. Our sale is for ACCESS to the platform. Not development. Crucial point there. Still not scary.
This has not been rushed. We have been working on this project since July of this last year when Luke, our developer, finally cracked the code on how to integrate through all social media. And lets be clear. EVERYONE has been trying to create this technology. Just look at Reddcoin, which we like, but is a clear example of a 4 year project that hasn't gotten there yet in terms of what we have been able to create. Its going to be one of the premiere platforms in cryptocurrency.
Thank you for the opportunity to respond to each issue. I now feel our users will be even more excited about our company and will purchase more tokens because of it.
Thank you very much for your time and effort for clearing things up - and a special thank for staying on topic, that's brings even more trust into your project.
I just edited my post with your direct answers to the points - i hope that's OK for you.
On last comment on this quote:
I never wrote in any kind of way, that i think this way - that's not true.
Just to make it clear - in order to avoid further misunderstandings:
I have a lot of trust and respect for @buildteam
I guess it is launch day and all nerves are sitting blank somewhat 😊
We have seen their beta platform and it is looking great in my opinion. And there will be more things happening the next days from what I know.
I am really glad that you took the time to research the ICO throughout! We need people like you to make sure that users don't fall for scams.
Should you find any potential problems, please bring them on so @socialwallet has the opportunity to clear them up.
In the end, a heated launch means people care 😊
At first glance, this project looks very impressive--things like logo, website design, PR--however upon close examination it appears to be either an impossible dream or just another coin.
I don't want to say anything at this point as they are beginning to flag not only my comments but also including my posts which have nothing to do with their so-called next big thing.
Let the sharp-witted investors do their own diligence before jumping in to the ocean of uncertainty.
I'll check your post.
I'm not sure who is flagging you but I can gladly counter that. I am pretty sure that that account is not a sock puppet.
If you want, hit me up on discord and we investigate that flagger. They are certainly acting in bad faith.