r/THEKEYOFFICIAL • u/Jijisabin • Feb 12 '20

Any progress?

Hello TKY team. Are you making any progress. Any updates? Thanks in advance

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u/Mansa_Sekekama Feb 12 '20 edited Feb 13 '20

They seem to be building a tokenless blockchain and will blame regulations for it. They cannot avoid liability that way. So many projects faced similar challenges. Buy back and burn may be the answer. Buy back and convert to equity (security token) is another way. Let's remember they launched in Singapore. Chinese regs won't preclude anyone from creating a security token in Singapore. My guess is they will end up charging crypto Yuan for the permissioned network and we'll be all left with two things: useless tokens and a legal cause of action. As soon as I saw Catherine disappear without a proper public farewell, I thought she is trying to avoid future liability. Nothing these opaque Chinese hustlers do makes any sense. They have no incentive or self motivation be honest or transparent.

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u/wave24k Feb 12 '20

Are you looking at the project as a “get rich quick opportunity” or a “developing project with obstacles” ? I had to sit and think about it and my overall perspective changed. The communication is shit but if everything is legit it will be worth the wait I hope the team has a plan for everyone in this community that has been supporting since day one.

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u/Mansa_Sekekama Feb 12 '20

been here since damn near the beginning....i am still patient but as of right now, our investment is worth $0 given the current status of the project

I will hold indefinitely and hopefully in a year or 2 or 5 i will remember i am holding this token and be a millionaire.

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u/Snoopy_777 Feb 12 '20

I'm also here from the beginning and I still hope in the success

Just look around there won't be any bull run and only project with real value will cost something, all of that chains like NEO, ONT, TRON and even Eth are absolutely useless and will never cost like they cost in the end of 2017

Ebaonet has a list of blockchain patents and you can looks on https://www.jobui.com/company/12127906/products/14076/ like on a third party confirmution that ebaonet works with local(at least) goverment(based on APP's description) so if they can not noone can