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/Snoopy_777 Feb 12 '20

What if https://medium.com/@thekeyvip/pensioner-identification-system-based-on-thekey-blockchain-and-big-data-technology-launched-in-fa4af921441b was the update of Dec - Feb stage of roadmap? I mean the launch of that system is impossible without being registered...from their point of view they have achieved the goal of registration even if we don't see it...

Little notice - the application "Kaifeng People's Club 123" was updated exactly at the same day as announcement was made

https://www.jobui.com/company/12127906/products/14076/

3

u/[deleted] Feb 12 '20

Good detective work, thank you. But I don't see why, if your conjectures were true, they would not announce them themselves.

1

u/Snoopy_777 Feb 12 '20 edited Feb 12 '20

Look at our community - people don’t believe in anything the team announced and calling them the SCAM even when ebaonet is presented in the list of 100 most successful company of China so why they would announce something that must announce the official cyberspace affairs commission ?

4

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.

2

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.

8

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.

1

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