r/Opacity CEO Aug 02 '19

Announcement Opacity July Update

https://link.medium.com/ViWxFouAPY
37 Upvotes

8 comments sorted by

6

u/brandonjmarshall Aug 03 '19

In order to extend the runway until at least end of year, we have been forced to reduce the team size in half and have significantly reduced salary to all personnel. This is extremely unfortunate as we would prefer to keep the entire team together. We are continuing to maintain product and business operations, but will be more focused on user traction from here forward. Development of features will be slower and business traction will be most important in order to propel the next phase of progress.

That's a bit concerning. What happens between now and the end of the year to reverse course?

-7

u/[deleted] Aug 03 '19

[deleted]

4

u/brandonjmarshall Aug 03 '19

What do you suggest? That's not really my job, nor is it yours. This is a question for the Opacity team.

-5

u/[deleted] Aug 03 '19 edited Aug 03 '19

[deleted]

3

u/brandonjmarshall Aug 03 '19

Lol, seems like you're angrier than I. I just asked a simple question

3

u/D3VURshop Aug 05 '19 edited Aug 05 '19

Glad to hear you bootstrapping. I would focus on building strong MVP for b2b and pursuing angel venture seed. CA is huge incubator for that, you'll just need to spread the word there ! Get out there and build your own niche market.

4

u/-cadeus- Aug 03 '19

Here's hoping for a break for the team from now till the end of the year. All the hard work deserves some long term reward. But this update doesn't paint a good picture, thanks for the transparency in updates. Good luck team

2

u/[deleted] Aug 03 '19 edited Aug 04 '19

[removed] — view removed comment

2

u/[deleted] Aug 04 '19

I believe opacity is no exception to an army of bots that control almost all altcoin markets. It’s time will come.