sec
Electron
Posts: 16
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Post by sec on Oct 13, 2017 9:04:26 GMT -6
Hi, I discovered Electroneum when on the 3rd week of ICO and have invested quite a bit. I still have some questions for the team though, which I hope they get answered.
1) What is the transaction per second (speed) of the Electroneum’s blockchain? Is the speed permanent or when it is planned to be upgraded?
2) Eidoo is also a cryptocurrency company that is targeting mobile users by offering multi-crypto wallets. Is the team aware of Eidoo and other competitors and what are the steps being planned or taken for Electroneum to stay competitive?
3) Amazon and Ebay survived the dotcom bubble crash in the early 2000’s where more than 90% of dotcom companies failed. Is there any precautionary steps being implemented to ensure that Electroneum survives a crypto crash if the cryptocurrency loses 90% of its marketcap?
4) What is the company’s revenue generation model and when is it planned to be realized and sustained?
5) Since the app and the team is centralized, what if the government suddenly decides that Electroneum is illegal? Do you already have a legal team to advice on the best ways to avoid such event?
That’s all for now. Thanks!
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Post by Imikocha on Oct 14, 2017 7:29:48 GMT -6
Hi! Those are some heavy questions, and i would suggest you head over to the official zendesk, because i can only give you speculative answers. electroneum.zendesk.com/hc/en-usHope you get it answered fast!
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Post by Pipo on Oct 15, 2017 16:10:11 GMT -6
Eidoo is today not much more than a wallet app for ETH and embedded tokens. According the roadmap it will be extended soon with an integrated market place. To me, this does not sound very different to WAVES and its DEX exchange. Only difference is that Eidoo will add botcoins as well - in 2018 - to its wallet.
Electroneum it a complete different concept and has a huge different approach to its potential (mobile) users. Read the whitepaper and you will understand.
Oh, and Eidoo is very expensive. With the bonus includes, 130 token for 1 ETH. Are you serious? The thing did not even proof itself, other than an straigh forward wallet app.
Cheers!
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Post by Pipo on Oct 15, 2017 16:13:03 GMT -6
PS. On the other hand, this is a very good question that you raised:
"What is the company’s revenue generation model and when is it planned to be realized and sustained?"
Also i am curious how the company will continue to generate money, other than with the ICO.
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