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1  Bitcoin / Project Development / Re: This is How Apple Killed our Company on: February 20, 2023, 04:08:24 PM
Thanks to all! I decided to close the thread.
2  Bitcoin / Project Development / Re: This is How Apple Killed our Company on: October 05, 2021, 06:37:09 PM
P.S. what does this have to do with bitcoin or even cryptocurrency though?
We had our own ERT token that users received for content as a reward. But our payment system also supported Bitcoin and other cryptocurrencies.
3  Bitcoin / Project Development / This is How Apple Killed our Company on: October 05, 2021, 05:36:59 PM
This is a short version of our story, but if you're interested, you can read the full version here.  Cry
 
Intro
Apple’s monopoly makes iPhone users dependent on the App Store when it comes to using apps and extensions. If you own an iPhone, there’s no way you can download an application from any third party and enjoy it as you would do with App Store apps. So if an app gets removed from the App Store, there’s no way it can reach iPhone users.

There are roughly 1.5 billion active Apple devices in the world, so technically today it’s Apple that at its sole discretion decides which content to show to their owners, where and on what terms. Does the fact that there’s a single company controlling this even sound right? There’s no effective instrument out there that allows you as a developer to stand up for your rights and appeal against unfair treatment and vicious circles of app reviews.

What is Eristica & what happened?
We’re helping Gen Z spend time online with fun content and, at the same time, make money with their talent. How it works is very straightforward: our users ask their friends or even strangers to complete funny and positive challenges to make money and prove it by posting a video. The Eristica company was started in 2015. It went through a Taiwan-based accelerator from SOSV (MOX) in 2017 and had a rebirth in late 2018 with a more scalable brand name and became breakeven in 2020. But on July 15th, 2020 our app was removed from the App Store due to violation of the guideline “1.4.5 Safety: Physical Harm” without any specific explanation.

Our attempts to resolve the issue
After a call with the App Review representative, it became clear that, apparently, Apple doesn’t allow any features that let users post content because it may be harmful, despite the fact it’s going through severe human pre-moderation and post-moderation. If that doesn’t sound right or make sense to you — you’re not alone. Saying that an app needs to be removed because reviewers may miss bad content is akin to saying that the App Store itself should be closed because they might miss bad content (which they do in 15% of the cases).

It also became clear that arguing about this as well as about the total lack of any evidence of such content on Challenge App is not going to bring us back, so we decided to stay on the safe side and obey Apple’s guidelines. To resolve this issue we have been submitting new app builds, where we have gotten rid of our most important features, which let users generate content.

Since the App Review Team wasn’t communicating a specific feature or screen they didn’t like, we’ve been continuously submitting app builds getting rid of all content generation features step-by-step (totaling 7 different app builds). Guess what? They all were rejected with the exact same wording as on the picture above. I don’t need to specify, there were no details given or evidence of any violations.

Since there were 7 rejections of our app builds, we decided to ask around and find relevant people that actually could make decisions at Apple. I was introduced to an ex-Director of the App Review Team that built it from 4 up to 300 people in 2009–2016 and had the ability to reach out to C-level executives. That person was so kind and understanding about our case and helped us reach out to Tim Cook (Apple’s CEO), Phil Schiller (responsible for the App Store), Greg Joswiak, and Ron Okamoto. After 3 emails were read and ignored, we asked our users to email Phil Schiller and kindly ask him to bring the App back to the App Store. There were a total of around 50 emails sent their way.

What’s next?
Unfortunately, the iOS app was the main driver of the company’s revenue with 90% of the total income and 80% of all active users. Thanks to our iOS app and despite Apple’s 30% commission fee, we managed to reach the break-even point five months ago. Not only that, we were thrilled to become the #4 top app in the social category in the U.S in July.

At that point, we had managed to scale the company up to half a million users over the last 2.5 years. Our average cost of user acquisition was $0.06 (16x lower than the market average) and our ARPU was $0.25, which makes our ROMI extremely attractive — we were making $4 in revenue for each $1 invested in marketing. It could have been $6, but we were fine with sharing $2 with Apple (30% commission fee) as it is a mandatory condition of being on the App Store.

Here’s what we’ve brought to the community of our users:
  • Challenges submitted: 775,335
  • Satisfied users: 660,456
  • Money earned by users: $3,509,799
  • Money donated to charity: $175,489

Since our app was such a booming success by any standard, we received commitments from leading VC firms for an investment round A to start scaling faster than ever before. This round could have potentially helped us reach 30 million users and at least USD$7m in revenue by the end of 2021. Since Challenge App has been taken off the App Store, our company can no longer show such growth — there’s no way we can reach iPhone users anymore.

We could have shifted our focus to scaling the Android app through Google Play and alternative stores, but with the intransparency of content policies and lack of communication, there is no way to guarantee that the same thing wouldn’t happen on the Android app. Moreover, that wouldn’t make any economic sense on our side: ads with bloggers only bring 20% of the traffic to the Android app, which means that CAC is going to be increased 5x and ROMI goes negative (-20%). This implies that scaling Challenge App on Android would only scale our net loss.

If we were a larger company, we could absorb the loss. As you’ve probably heard already, Epic Games was fine with losing $26m a month after their extremely popular multiplayer game, Fortnite, was removed from the App Store. Epic Games battled Apple to repeal their decision, resulting in hefty PR and legal costs. Being a small software company, we unfortunately can’t afford to fight with the Goliath. If we had a runway of more than a month, we could have waited longer than these two months with no revenue, during which we’ve been waiting for Apple’s move. But since the lives of all 13 members of our team depend on us, we were forced to make the tough decision to suspend our operations and switch to the maintenance mode until the situation has been resolved.

We have spent the last 6 years of our lives working up to the results we finally saw come to fruition in June and we were thrilled to scale even further in partnership with world’s leading VC firms. The last thing we expected was for Apple to become this ‘black swan’ and put a knee on our neck. We wish the best of luck to all SMEs, entrepreneurs, and developers who are standing up for their rights in the battle for the free access to their products and users.
4  Local / Bahasa Indonesia (Indonesian) / Re: [HELP]Bantuan untuk menaikkan Rank (Newbie s.d Hero) V.2 [UPDATE] on: December 08, 2020, 05:30:59 PM
Belum ada jawaban yang tepat.
Then the only option remains where Electrum deems the first transaction valid and the other invalid (the one that can be canceled is spending the change of the one that can't be).
5  Local / Bahasa Indonesia (Indonesian) / Re: [HELP]Bantuan untuk menaikkan Rank (Newbie s.d Hero) V.2 [UPDATE] on: December 07, 2020, 04:29:14 PM
Saya butuh waktu sekitar satu jam untuk memikirkan semuanya.

Masalahnya adalah bahwa transaksi milik dompet yang sama. Ini terjadi jika salah satu transaksi menggunakan RBF, Anda perlu pergi ke Tools> Preferences> Transactions dan hapus centang "RBF Batch Transactions".
6  Economy / Reputation / Re: on: October 09, 2020, 10:27:07 PM
Thank you, I will be short, just wanted to say that I am pleased to be a part of this (I mean such a strong community).

1. When and why did you become interested in cryptocurrencies?
Bitcoin is an ingenious solution that works with Proof-of-Work and allows you to trust each other without trusting at the same time. After that, I started to get interested in this area and around the middle of 2017 I joined Eristiсa as a support. Since then I have been here and I believe that we are doing very interesting and important things.

2. When and why did you buy your first bitcoin?
I did not buy, my first bitcoin, or rather several, I received in the form of payment.

3. How did you get on the forum?
We announced our project on the forum, so I'm here.

4.1. What prevents mass adoption of cryptocurrencies?
4.2. How do you think mass advertising of gambling projects has a positive effect on the development of the forum or harms the community?
4.3. How do you consider whether 2-3 years of experience in cryptocurrency is enough to successfully invest or does an investor need to receive special education?
The problem is that while there is no strong dynamic and peer-to-peer economy, we are in the process of becoming, we need to wait as this will change in the future. I think that a few years of experience is enough to learn the basics, but unfortunately not enough for a successful investment. I see that many people write that a month or two is enough for a smart person to make a successful investment, but I know for sure that a smart person considers himself to be a fool because he understands how much he still does not know.

5. What do you think of the current Merit system and signature campaigns?  Do they harm the forum?
7. 3 things you would implement on the forum?
To be honest, my two cents is not enough to judge this. Since we are more focused on the development of our decentralized project than on the policy of the forum. The rules that I read before registering are enough for me.

6. The most useful forum topic? Most helpful users?
I think you yourself know that this is a Satoshi thread) But seriously, such threads as "How to sign a message" or "Test Bitcoin core" and others of this kind are very useful.

8. Do you trade on exchanges or invest in projects?
Perhaps in the future, when equity capital appears, but I was seriously thinking, thanks for asking.

9. Tell a story about your big profit or big loss?
Oh, this is a sad story, it was so long ago that I would not want to think about it, although I can say that it was the Yobit exchange, and I became convinced of its unreliability the hard way, having lost 2.5 btc.

10. What do you think about the DEFI ecosystem?
It is necessary that this boom, which brought this topic to the front pages of newspapers, verse, and then people need some more time to make sure that the Defi ecosystem works without any holes, so that the common man begins to trust.

11. Is your anonymity a vital necessity or precaution?
I don’t think that there is a vital necessity in this, and it’s impossible, but adding add-ons that give anonymity is right.

12. The last cryptocurrency book you read?
I have translated part of the text in Transifex "Mastering Ethereum" by Andreas M. Antonopoulos, Gavin Wood, so this is the last I read from the literature.

13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Filecoin, ERT, PundiX

14. How much will Bitcoin cost at the end of 2020?
The price will be the same until early next year, and then it will go down to 8 thousand per bitcoin.
7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: August 15, 2018, 12:26:52 PM
ERT has been added to ExToke FEE FREE DEX! Get trading here: https://trade.extoke.com 

A friend gifted me with 5000 Eristika I checked it on coinmarketcap, but not yet listed, I checked it on hitbtc but it's not listed there although there is a ticker ERT there but it doesn't belong to Eristika it belong to E-SPORTS, do this project still moving and what can we expect.
Eristica can appear at cmc only after being officially listed. As for the other ERT ticker it's also not a problem and each exchange solves such cases on it's own.  For example on some exchanges bitcoin cash has ticker BCC on the others BCH. The project is developing and you can expect every milestone of the roadmap to be reached in due time
8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: August 15, 2018, 09:40:47 AM

Can we expect ERT to be added to IDEX soon?
The soonest exchange that we expect now is LBank as we won their voting. If we complete their audit successfully we'll get listed there
9  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: May 02, 2018, 01:02:54 PM
Hi. I thing veryone knows about the Eristica App which is Grest, but how can I access the Eristica platform from a laptop or computer. This is key and very important for your platform to spread more widely
We have received such remarks already and thank you for your opinion. It's a very interesting question and it deserves consideration. Perhaps in future we'll release a PC version like Telegram or Viber.
10  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: May 02, 2018, 12:58:14 PM
Eristica Team, crypto market flying when ERT list in good exchange like Kucoin, binance, crypopia.... Huh i think we are all fools which invested lazy project. #eristica

KuCoin and Cryptopia would be easy to list if you just pay them? That should be done already. Binance is whole different thing - they dont list for money.

As investors we assume you have thought that you need to pay when you want your coin to legit exchange. We have paid your ICO so we dont really get it why its not listed. YoBit was a totally joke for this. You have a good product and more coming so this is totally waiste of time to not list it to exchange where would be some volume.

You should give us some updates about your plans of new listings.
We have stated all the reasons of the listing delay in this blog post https://blog.eristica.com/community-update-new-app-and-exchange-ccc8660294f8 And it's not all for money there are some other factors that we cannot influence on when getting listed on big solid exchanges.
11  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: May 02, 2018, 12:29:50 PM
Eristica Team, crypto market flying when ERT list in good exchange like Kucoin, binance, crypopia.... Huh i think we are all fools which invested lazy project. #eristica
Any arguments? If no arguments then it's just FUD what you are writing.
12  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: April 24, 2018, 12:31:01 PM
Hi. Its so interesting ICO. Will you inject a new interesting fiches or new concept?
Hello. The whole idea of the project is a new concept in funtech industry. The game API integrated into games on different platforms and crypto wallet integrated into the APP will be completely new features.
13  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: April 24, 2018, 12:04:07 PM
Where is the article bounty spreadsheet? Can not find it anywhere.
The bounty distribution ended on 27 Feb. The spreadsheets are not available anymore.
14  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: April 24, 2018, 11:53:00 AM
I cant find, how much is suppy  of token?
Total supply is 230,502,120.29 ERT
Circulating supply is 184,401,696.23 ERT
15  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: April 24, 2018, 11:45:21 AM
This is something more like a game. People will try it and have some fun out of this service, but no more than 2 out of 10 will stay and use Eristica again. Hope that I'm wrong
Let's evaluate when the app is upgraded to v.4.0 with crypto integrated and don't forget about the game API also planned for release this year.
16  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: April 24, 2018, 11:20:49 AM
I can't find Eristica in coinmarketcap yet.
Is is due to the low trading volume or something else?
Also, have anyone tried the App? Is it popular?
It cannot be there for it hasn't been officially listed on any exchange yet. You may download the app here https://play.google.com/store/apps/details?id=ru.ekozoch.eristica&hl=en or here https://itunes.apple.com/us/app/eristica-dares-and-challenges-nerve/id878703971?mt=8 and try it by yourself. It has about 1.5 mln users now.
17  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: March 15, 2018, 07:44:32 AM
It is very interesting, when will the coin exit to the stock exchange and when will it be possible to actively use the coin on your website?
If you imply using ERT tokens in the App then it'll be available in Q2, 2018 as soon as the App 4.0 is released.
Hello sir I have confusion and I hope you can help me with it. What is the meaning of ERT? I've heard many time talking about ERT tokens. It is related in ESR tokens? Please help, thanks.
Hello. ERT tokens are the cryptocurrency of Eristica project. Here's our webside https://eristica.com/ You can learn briefly about the project here https://eristica.com/op/op_en.pdf And the detailed description is here https://eristica.com/wp/wp_en.pdf
18  Local / Альтернативные криптовалюты / Re: [ICO][ERISTICA] -  P2P - Прими челлендж на смарт-контрактах ✔ on: March 11, 2018, 06:02:44 PM
Я не совсем понимаю - если Эристика на блокчейне BitShares, то почему токены будут отправлять на эфировские кошельки? Потом будет обмен токенов?
Изначально масштабирование проекта было запланировано на платформе Ethereum. Поэтому токены отправлялись на эфировские кошельки. Во течение ICO было принято решение перехода на BitShares. Но, поскольку переход во время краудсейла был маловозможным и не рациональным, то он будет осуществляться после того, как все участники окончательно получат свои токены.
И когда можно будет обменять токены на платформе Ethereum на токены на платформе  BitShares? Период времени на обмен будет ограничен? Кто не успеет обменять, то токены на платформе Ethereum будут стоить 0?
Об этом Вы можете не волноваться. Процесс перехода не простой и не быстрый по времени. Перед этим у нас будут долгие консультации с советниками и различными специалистами. В любом случае мы сделаем все возможное для того, чтобы этот процесс прошел максимально удобно, понятно и безболезненно для всех участников нашего проекта. Переход будет завершен только тогда, когда последний участник будет переведен на платформу BitShares.
19  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: March 11, 2018, 05:51:53 PM
It is very interesting, when will the coin exit to the stock exchange and when will it be possible to actively use the coin on your website?
If you imply using ERT tokens in the App then it'll be available in Q2, 2018 as soon as the App 4.0 is released.
20  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO][ERISTICA] - P2P Challenge Platform | First ICO in FunTech ✔ on: March 11, 2018, 05:49:02 PM

I would like to know the coin total supply and circulating supply. Can I find this information anywhere.

BTW, very excited about Eristica as I participated in the ICO.
This is going to make name for itself this year Smiley
All the information you need is on our website https://eristica.com/ Just scroll down the page Wink
Any updates about listing to exchanges? Investors wanna hear something about them. Ty.
Please follow our blog and social networks for this kind of announcements:
https://blog.eristica.com/   
https://t.me/eristicaofficial
https://www.facebook.com/eristica
https://twitter.com/EristicaApp
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