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I came across eucx on some bad Reddit ad and decided to look a bit further into it. Concept is, although not all very unique, interesting.
But... How come there is absolutely nothing to show for? Inactive GitHub account, no proof of any kind of actual technology and managing director has no crypto related track record of any kind. Honestly it seems like this whole thing is just trying to generate cash just to crash and burn right after. I've seen some pretty aggressive responses from eucx staff on other websites so obviously any type of criticism or questions are not appreciated which is even more reason to be alarmed. Wonder what's up with all that.
Last but not least eucx seem to be very proud of having things like a chamber of commerce and vat number... Which makes no sense either. In the country that they are operating in, The Netherlands, those things are extremely easy and trivial things to get. Why make such a big fuss out of that?
All these alarm bells and no real answers...
Hi,But... How come there is absolutely nothing to show for? Inactive GitHub account, no proof of any kind of actual technology and managing director has no crypto related track record of any kind. Honestly it seems like this whole thing is just trying to generate cash just to crash and burn right after. I've seen some pretty aggressive responses from eucx staff on other websites so obviously any type of criticism or questions are not appreciated which is even more reason to be alarmed. Wonder what's up with all that.
Last but not least eucx seem to be very proud of having things like a chamber of commerce and vat number... Which makes no sense either. In the country that they are operating in, The Netherlands, those things are extremely easy and trivial things to get. Why make such a big fuss out of that?
All these alarm bells and no real answers...
Great to see you join this community and that your first post is about us! Let's begin..
There is nothing to show for, because we are new and still developing the exchange. Inactive github account, yes. We are not going to open source our exchange. We will, however, publish API documentation and other relevant documents for developers. We've already begun the process of doing so. The technology will get an external audit, in due time. As for the MD not having any crypto-related track record, well, he has an IT-related and entrepreneurial-related background/track record.
Your argument that this is a cash grab is pretty silly. We are registered with the US SEC. And while this might not have anything to do with EU law directly, we all know how extradition treaties between the Netherlands and the US are... if we screw you over, we go to a US jail. Period. Apart from that, we are in close discourse with our own government, regulator and central bank (as you can see on our Twitter with actual photos). If we screw you over now, we at least get investigated and in 2020, we go to a Dutch jail. Period.
Concerning the "agressive responses", could you please be more specific or show an example? As far as we know, no one on our team has been agressive.
The chamber of commerce, well, we're not exactly proud of it, but we've received great feedback on being transparent on that part. We thought it was weird, as well. Who knew ... Having said that, it's never bad to be open and transparent. Should businesses want to work together with us, they can easily access the needed information through public records.
If you have any more questions, please let us know.
