Hi, Thank you for your input. If the ICO fails (which is very unlikely as we have over half a million is sales and commitments) we will still develop the platform. In fact our CTO Jordan Tymburski has already started the front-end development. We are also speaking to VC's and Angels about this project and should get investments from these sources as well.
With regards to the value of the token, we have signed a $140 million USD collateral bond that will back the company and the tokens so your investments are completely protected. The bond will be under the entity GN Compass collateral corporation that we will be creating. The portfolio will be held in our trust in Switzerland.
It is completely unfortunate what is going on in the industry with all these scams, its sickening actually, and I understand where you are coming from, it certainly makes it tough for us legitimate businesses to get people to back our campaign but we will keep going because we are on a mission.
As for our marketing, we didn't start out with a huge marketing budget like many other ICO's because we actually have other costs we have to consider as this is an actual functioning startup company with employees, a location, overhead etc. We are not some guys in a basement somewhere, so we had to be more targeted with our marketing and not noisy or all over the place. As more funds become available we will invest more in marketing.
I hope this helps. Thank you.
This project is not different from some existing ones! If ICO fails, will you keep the commitments and GN Compass comes to life? How do you want to add value to your token? The lending market is currently without in credibility, because numerous SCAM projects have come up and caused this, of course I can't judge GN Compass, however, their marketing is simple and the interest in this project is not significant, what would be other causes beyond what I believe?
