Hello Joel. Thanks for the delayed answer, nice to know someone from KYC3 actually reads this thread.
I notice your account is brand new & this is your first post. As you are Product Lead Manager, don't you think you should have kept people updated here by posting at least a few times?
You are more than welcome and we are always happy to see when people dig deeper into Peer Mountain. We initially contracted a professional and recommended bounty manager to run the first bounty campaign as well as manage the discussion in this thread. We do however realize that we should have been more active ourselves in addition to the bounty managers and will make the effort to be as responsive as possible moving forward, especially in our new ANN thread that will be released soon.
An NDA? Why would any partnership not want the public to know who was involved? This gives the impression of secrecy & arouses suspicion about weather there are any "major German and Swiss corporations" involved at all - especially as Peermountain's main marketing slogan is Trust. Any ICO can quote NDA then hide behind it, many do in fact - it never works out. You need to provide details. Proof.
Partnerships in the crypto space tend to work a little different than in traditional business environments. Our signed partnerships are with large regulated corporations that have to consider a much wider impact – especially since token sales have been under the fierce scrutiny of regulators. We would love to publicly announce our partners but above all we want to build and deliver tech. Both of our major corporate partners are regulated financial institutions and their boards did not want their regulators to question them about supporting a token sale. Their support is for the Peer Mountain tech and ecosystem and not to publicly assist in the marketing campaign of a token sale.
I disagree completely. By stating "Backed by KYC3, a separate business....", you have intentionally & deliberately tried to hide the fact that the same people (Jed Grant, Markus Forster, Florian Lagouche, etc) are behind both entities. They, under the guise of KYC3 are the registered owners the Peermountain website - it is absolutely not a separate business & trying to state otherwise is a falsehood. It seems your teams knowledge of "compliance and regulatory frameworks" somehow gets forgotten when it comes to trying to sell your token.
I am sorry but we have definitely not been hiding that fact in any way. Actually, if you read our timeline on the main homepage you can clearly see that Peer Mountain was a Project born from relationships and activities in KYC3. We also make references to KYC3 in our blog and if you just check out Jed’s Linkedin profile you can see that he is still active in both companies as of today. I do want to point out again that this is a reassurance for all eventual token holders that Peer Mountain is a venture with long term experience in tech and compliance.
Although some people are still active in both companies, they are a completely separate businesses at this point and not dependent on each other. I, for example, have no ties to KYC3 of any sorts. KYC3 also sells a completely separate line of products and tech.
Talking of tokens, I see bounty hunters either not getting paid or paid a lot less than what was promised after multiple date/rule changes, much like the conflicting info here & on your website - care to comment on that issue?
We ran a first pre-order in February. Initially we wanted to run our public sale shortly thereafter but the dates were changed after we were offered the opportunity to work with TokenMarket on our public sale. TokenMarket’s outstanding reputation has given us a lot of positive exposure but unfortunately lead to a longer delay between pre-order and token sales. The bounty managers did not want to exceed their usual timeframe for a campaign which ended back in February already. We understood it would be difficult for them continue running the campaign for another 4-6 months and found an agreement with the bounty managers where they would be paid based on the funds raised in the pre-order (hence it was the round that they worked for). As the pre-order results were below expectations, we retrospectively even tripled their reward percentage to accommodate those early supporters. All decisions for the bounty campaign were taken in close discussion and agreement with the bounty managers and we believe to have found a fair solution for both sides.
For the upcoming public sale, we have launched a new proof-of-care program where everybody is welcome to join as well:
https://peermountain.com/proof-of-care/The use of spambots & noob accounts who only post in this thread is also cause for suspicion. Stop using them.
We mostly definitely do not engage any spambots or encourage other people to make empty claims in this thread.
Thanks again!
Joel
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