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RE: Social Wallet - An Introduction to WIRE

in #cryptocurrency7 years ago (edited)

The only fantastic thing I see in this post is the great formatting and the perfect execution of words and flawless grammar. Beyond that, nothing more--nothing less.

I expect this project as just another soon to be dumped coin when it hits the exchanges.

  1. Why would anyone use Facebook at the same time use another currency to send and receive money when you can do the same thing with the already functional, built-in feature in Facebook?

  2. How can you convince Visa/MasterCard to sign a partnership deal with your project?

  3. How are you going to integrate your payment gateway into the Facebook ecosystem without installing anything?

  4. If Bitcoin is struggling in dealing with financial regulators involving fiat, how sure you are you won't suffer an even more regulation?

  5. How can you compete with the time-tested and robust protocol afforded by ReddCoin and it's very cheap at the moment?

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Not going to waste time with another post. So here is the same reply from your last bashing/reddcoin pump post. We are not here to bash Reddcoin as it seems you are here to pump it. To say there is nothing special about our platform is quite an uneducated statement. Let me ask you 1 question to debunk that statement: Is any coin, including the one that you are touting, able to be sent and received through Facebook? Ok then. With or without your blessing our platform is viable and awesome. Our platform and Roadmap speak for themselves. As for the Visa/Mastercard scenario you are wishing us good luck on...all of that is handled by our third party card provider we are partnering with. Thanks!

And for the record, we like RDD, and see valuable synergies down the road. If you love RDD as much as you say you do, you should hope for Social Wallets’s success. You are fighting against yourself here :)

I think we are done here. Thanks

Seems like you are rubbing others the wrong way with your aggressive posts. The only one in a heated debate is you. You are really worked up about something that will take Steem to the next level...very strange. Devastating us across all social media platforms seems like an awful way to spend such valuable time. We hope you reconsider.

@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:

Its silly to think they didn't do their own due diligence.

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 😊

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.