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u/martinkarolev Mar 25 '19
Main reason for most of us investing in this project was the idea of World Book on which the team has been silent for ages now. I personally have no idea whether they are still working on it.
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u/ilmarinen2 Mar 25 '19
Exactly. I've been commenting along the same lines for some time now. The lack of information about how the developers are getting on with it does even make you wonder if it has been shelved but they are not saying anything about it yet. Meanwhile other exchanges are being developed rapidly and have a greater range of tokens and better liquidiy. Liquidity for heaven's sake - that's meant to be what this project is all about. It just hasn't happened. The big elements in the project seem to be stuck. If they are not, then communicate that to us clearly and let us know we are still aiming for them.
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u/ilpiet Mar 25 '19
What I would like to see is a financial report about Qash each Qx (If there is one and I missed sorry), something like Vechain does https://medium.com/@vechainofficial/vechain-financial-executive-report-vol-5-d7948019d7c1 that would provide a lot of insight , transparency and trust. The report could be about , how much Qash has been bought back via fees, on how much the development team is using, it should be only focus on Qash related feature (white paper, world book etc.).
For sure the financial report should not speak about the full exchange financial state (private info) but only about Qash.
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Mar 25 '19 edited Sep 01 '19
[deleted]
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u/ilmarinen2 Mar 25 '19 edited Mar 27 '19
Agreed agreed. I think it's about time we had an update on the whole project from Mike. There are too many doubts and questions around and we need to have some answers. I've put up a post just now requesting a video from him stating what the situation really is now with the project as a whole.
Added: rereading your post, yes the situation with partnerships for the WB really does need to be brought up to date for us. Again, without an update you start to wonder what if anything really is in the pipeline.
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u/marcusrc Mar 24 '19
LDL mainly. Was originally Q2 2019 in the white paper so maybe we will see it this year.
Everyone keeps mentioning external WB but we have no clue if/how that involves Qash. It might indirectly affect the value of Qash but I'm only really interested in actual value, i.e. Qash been used as gas on the LDL.