Here is a post from the main thread that includes for valuable information for buyers interested in the Spectiv token sale:
Answer me 2 questions spectiv team
1) Why just 5 days ago you were going around asking for money from investors, giving them a 100 percent bonus in a desperate attempt at that time a few weeks before your ICO even started. This has scam written all over it. And now then to make matters worse, you move your date to December. There is no excuse for going around asking money from investors 3 weeks before you even make it public, and giving a 100 percent bonus to them and not that to everyone else.
2) How do you call that a preview, all you did was take a 360 youtube video, run a little overlay on it and paste it on your website. I would highly suggest getting some real developers on your team. With VibeHub lightyears ahead of you and about to spend a lot of money for there official ICO which starts in 4 days. You guys really messed up here in so many ways.
Highly upsetting, and I'm not sure who the founders are but it seems to me the people running this ship have no clue what they are doing in crypto and better yet for Virtual Reality technology for that matter
Please don't ignore my question. Also nobody is doing what you are doing? Seriously,
https://www.youtube.com/watch?v=mRMSlbKOum0 Your whole business model is a feature on VibeHub and they already have 360 videos integrated in Virtual Reality to make it amazing. It would be smart for you to be in contact with them in the future
Sorry to be bashful but I can't sit here and let you lie to the community like this, I am deeply concerned with your teams awareness of Virtual Reality Technology and how it works
What are you talking about? The ico is postponed to December, so there's still a few months for them to fix things and show better demo etc. I agree though about the demo part.
What am I talking about??? Do you pay attention to the market, Decentraland just raised 30 million and VibeHub by the end of their campaign will do well also, even looq is doing ok at this point. Spectiv is going to be too far behind by Decemeber, they have no real developers yet by the looks of that demo, and with theeirdesperate attempt last week to offer 100 bonus to people they obviously have no money to hire any. IMO the only reason why they moved their sale was to avoid taxes by setting it up in africa. That is the only reason that makes sense,
i was supportive of this project, but from what ive seen tech wise, offering 100 percent discounts on an ico that isn't till December (very scammy) , moving dates to avoid taxes, other VR companies miles ahead in tech and funding. This is not good for spectiv.
They have stated in numerous interviews on Youtube, they began this concept in 2015. There is zero excuse for this level of immaturity with that amount of time working on it, everyone supporting this project should be very concerned
We appreciate your concerns about our project, and we want to clarify a lot of the assumptions that you are making. Many of these assumptions are blatantly incorrect, so I will answer each of your questions or concerns individually. Hopefully this will clear things up for everyone who is interested in Spectiv. Thank you for your support!
1. Allowing early buying for a 100% bonus:
No funds have been raised yet...
We have been in discussions with a handful of buyers who have shown interest in being involved in Spectiv early. We have not followed through with these buyers because we are setting up the legal structure to allow us to handle early purchases, this will be done through a SAFT agreement. Now that we have this setup, we are actually planning to send out an email to everyone on our email list to allow them to participate in this raise if they would like. This email will be sent out next week. This is not a private collection of funds, but will be very limited and have certain requirements for participating.
We will only sell a maximum of $200K worth of Signal Tokens in this early sell. These funds will be strictly used to allow us to spend a significantly higher budget on marketing. This will benefit everyone involved in Spectiv, so there is no reason to denounce it. We will always make public any funds that we do raise, as any other respectable project has done. We are not desperate for these funds and will still execute a successful token sale without them, but if we do raise these early funds, their impact on the token sale will be nothing but positive.
As a note, the token sale had already been delayed when these discussions started. There was never a time when we were asking for money with only weeks before the crowdsale because it was already delayed.
2. Spectiv Demo:
As we explained when we announced the launch of the demo, it's purpose is to be a simple introduction to the idea of Spectiv. It is obviously not an Alpha or Beta version, but it does allow interested users to experience 360 videos and get a better idea for what we are building. We are currently working on the Alpha version of the platform, and expect to release the first version of the Alpha at a time close to the public crowdsale. The Alpha is expect to include the following:
- Full VR capability with mobile headsets
- Account and Channel creation for viewers, creators, and curators
- Integration of Signal Token protocol
- Video uploading capabilities
- Functional video interface and tipping system
- Much More...
Vibehub and Decentraland are building completely different platforms compared to what we are focusing on, so obviously their development will be significantly different. We are building a dedicated Virtual Reality platform which will be focused on VR/360 content. Essentially doing what Twitch did in gaming, but honing in on the growing industry of VR. The platform we are building is extremely valuable because we have the ability to partner with many other VR platforms.This brings me to my next point.
3. VR Partnerships/Competitors:
As we have mentioned in the past, we are in discussions with VR companies to create partnerships in this industry. We have connections with several other VR based start-ups due to a network of advisors who participated in Boost.VC, the largest VR accelerator in the world. Our platform is perfect for building relationships with other VR companies because it can seamlessly integrate with their platforms. For example:
Decentraland is building a virtual world where users can buy land and create anything within that environment. There have been people mentioning the idea of building theaters where users can come to together to share in watching VR videos. We can partner with Decentraland to integrate the Spectiv video hosting platform and make it the dedicated video platform in their app. This will allow their users to watch all of the content within the Spectiv platform in the the virtual theaters.
The same example can be used with Vibehub who is creating virtual hubs for users to connect with each other. Their demo shows a user watching and interacting with VR videos, but for the purpose of their demo they are hosting these videos within their app. In the long-term though, it makes sense for them to integrate other VR video apps into their platform as Oculus, Vive, Steam and Playstation have all done within their apps. This where Spectiv can partner with Vibehub.
4. Reasons for the delay:
We have already outlined with explicit detail why we are delaying the token sale, and your assumptions on this matter are completely false. We are delaying the crowdsale to ensure that we are in-line with SEC securities laws. There is a ton of legal work that goes into preparing to launch a token sale, and we will be doing it the correct way. We are currently in the evaluation stage where we are analyzing our business model and token protocol to ensure that they are not securities. We are also working on ensuring that we follow all KYC and AML laws associated with collecting funds. There is plenty of work that needs to be done of the legal structuring, and after that is completed, we must wait 1-2 months for approval from the Mauritius government. This is why we are currently delayed.
Your scam claims are a bit outrageous because if we really wanted to scam, then we would have just launched the token sale August 14th as originally planned. We have no interest in raising a bunch of funds just for the heck of it though. We are working to ensure that this entire business is setup properly and follows all laws. This pertains to both the token protocol and our responsibility to the buyers of Signal tokens, as well as the Spectiv platform and its users.
