thank you @iwan.spillebeen for your honest assessment. that was impressive!
i found many things you wrote, also, and i have to agree there is risk, as there is in many ICOs, and you listed a healthy bunch of items there.
about what you listed, allow me to try to clarify wherever i can:
i know some people have had trouble loading it recently. to be sure, i checked from a few different places, and the site does work. it was overloaded with traffic recently but it’s being upgraded. the admins have told me in telegram that they are doing their best to move to better servers.
yes i agree they need to be more proactive in getting ratings for that and other review sites. still that doesn’t interfere with my assessment of their project.
again i agree they need to be on more places. but no one can be everywhere in the early stages especially if they never did any big marketing campaigns before, which it’s clear they have not. that’s why for me, this is an early stage that i like in crypto projects, and a good time for me to jump in, before they get all slick and the tokens move out of my entry point zone.
as for the white paper’s length, i don’t think that really matters. white papers are generally a bunch of marketing fluff, surrounding the important meat of the document. in this case, there’s little to no fluff. just core information. maybe it’s not quite as complete as some would like. that’s why it’s a good time for anyone interested in contributing things like copywriting skills, to help polish up the white paper. and they’re looking for people to do different things. also, anyone can ask in the telegram channel about any questions. hopefully they’ll add all the good/important ones to an FAQ or to the white paper’s next iteration.
the white paper is also available on the site. i guess if you have trouble loading it, that’s a separate issue that of course must be resolved! totally agree with you.
yes the white paper references cyber smart defence which is a cybersecurity project that is using the cyber smart coin. it’s a good use case of the CBST cryptocurrency.
the companies are different, although there are links between some of the top people at least, from what the staff told me in chat. again, i would really ask the staff in telegram for more details, and i agree, that should also be clearer on the sites and in the white paper!
- that is always a very valid question about trading bots. then again, there are plenty of trading bot pools. that is frankly no different than people buying stocks, or portions of them, using stock trading pool mechanisms. this is hardly the first such use of trading pools or trading bots. the difference, from what i’ve read and what i’ve been told the company manager i chatted with in the telegram channel, is their methodology. again, not to sound like a broken record here, but it’s probably best if anyone who wants a deeper answer than that, just ask on the telegram channel, which is at https://t.me/joinchat/IWwplBDDWOjg-40l4vrzWQ
and i agree that the answer to this question should also be more clearly presented in video, on the site, in the white paper, etc. again, this is early stage, so yes, the project needs better messaging.
still, that doesn’t keep me from finding the project interesting and investment-worthy. lots of potential risk == lots of potential reward. if you can’t stomach risk, definitely this isn’'t your ideal ICO. if you’re excited by getting in near the ground floor of something potentially quite innovative, then this is indeed a candidate to consider, following thorough research and due diligence, of course.
- there is an airdrop mentioned on the home page. did you not see it? and the one i mentioned is active. what i suggest is Before signing up, going to the telegram channel and simply telling the channel admin that you’re going to sign up, and before you do, they confirm to you that your tokens will be deposited and available when you sign up. i’ve seen them deposit a number of times to people in the channel, all within under 10 seconds of saying they will deposit.
ok maybe i can see why you don’t think it’s the hottest ICO of 2018. still, i’m excited by it! if i’m over-eager, maybe it’s just my folly, but i really want to help projects like CBST. maybe i’m wrong, but from what i can tell, the model could work nicely over time. sure it seems logical that it will have ups and down like any other business, but i think the automation of trading is a smart idea, especially if it can consistently improve, even ever so slightly, over time.
i will keep sharing and i appreciate the critical eyes. that’s why i share what i find interesting, and i learned from your constructive criticism how much improvement it obviously needs to demonstrate clear high standards that sharp minds such as yourself expect, beyond the flaws i noticed.