Hi there, I originally posted some of these questions as a DM to Domenic on Discord but haven't gotten a reply yet, so posting them (and a few more) here:
I just read through the worbli whitepaper and I have an few initial questions.
- Is this the project you were alluding to around the time you resigned from VIVA?
- If tokens can't be bought by US citizens, how do you plan to allow for users who are US citizens? Related, if your token is strictly a utility token then why not offer to US citizens? If it's got profit potential, why not explore options for registering as a security so as to be able to raise funds in the US?
- Why launch the token on the ETH network when the whitepaper says the EOS block chain will support the development of separate blockchains with their own tokens as early as June? Why not wait a couple months and just start with an EOS token from day one?
- Do you have a more detailed projected budget than the one in the whitepaper? I'm curious about things like executive salaries, compliance costs for individual steps, and what it costs to retain Holland and Knight and these other top level firms mentioned in the whitepaper.
- I really wish I understood the technology better. Could you provide a breakdown of the tech involved in the project in terms of what parts have actually been done before so it for sure works, what parts are building on existing verified accomplishments into new ground but only by one or two steps, and which parts are completely new, never been done before? And for the completely new territory, what are the proposed steps in the pathway, and what are the reasons that they are likely to lead to a successful outcome?
- It looks like you are seeking to raise $47,000,000 through the ICO. Wouldn't it make more sense to instead have a series of smaller funding rounds as needed to build out the needed foundation and establish a track record of delivering?
- How long has this team been together and the company organized?
- What has the company accomplished prior to this?