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Praedium (OP)
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March 22, 2019, 05:30:55 AM
Last edit: April 09, 2019, 09:28:13 PM by Praedium
 #1

I'm the CTO for a blockchain project called Swapblocks.  We've recently merged teams with another project, adding 3 team members and are starting to gain traction.   The new team members haven't been added to the website at the time of this post but should be up soon.  Our biggest hurdle right now is fighting time.


If you're an angel/seed stage investor looking to invest in an early stage project PM me.



**edit**

Here's our updated website

https://swapblocks.io
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anthon.stephens
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April 09, 2019, 10:57:43 AM
 #2

What amount of investment is needed and what are we ready to offer?  Undecided
Ridwan Fauzi
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April 09, 2019, 06:10:07 PM
 #3

You can put your website here to make everyone knows to your project.

Don't make it secret if you really need a funds, most people likes a project which has transparency and try to explain all of your project here.

After that you can put your contact and also you may give an update  here that there is a person who interested to your project.

Maybe it can makes everyone interested.
Praedium (OP)
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April 09, 2019, 09:27:27 PM
 #4

What amount of investment is needed and what are we ready to offer?  Undecided

I just sent you a pm
Praedium (OP)
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April 09, 2019, 09:29:06 PM
 #5

You can put your website here to make everyone knows to your project.

Don't make it secret if you really need a funds, most people likes a project which has transparency and try to explain all of your project here.

After that you can put your contact and also you may give an update  here that there is a person who interested to your project.

Maybe it can makes everyone interested.

Website has been added
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May 22, 2019, 06:25:49 PM
 #6

Your CTO has no technical history in cryptocurrency - at least according to his Linkedin profile.

Your CEO is just a management consultant.

And idk what your CIO is or wants to be.

Please form a proper team first.


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Praedium (OP)
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May 23, 2019, 10:53:55 PM
 #7

Your CTO has no technical history in cryptocurrency - at least according to his Linkedin profile.

Your CEO is just a management consultant.

And idk what your CIO is or wants to be.

Please form a proper team first.

We're young founders working on our first startup and can't hire a team without money, hence the post.  Insulting our experience helps no one.  You don't have to be Satoshi  to understand how to use crypto.
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May 24, 2019, 12:06:05 AM
 #8

Your CTO has no technical history in cryptocurrency - at least according to his Linkedin profile.

Your CEO is just a management consultant.

And idk what your CIO is or wants to be.

Please form a proper team first.

We're young founders working on our first startup and can't hire a team without money, hence the post.  Insulting our experience helps no one.


Learn to take a hit.

When you say young, I see inexperience.
I'm only asking why anyone should invest their hard earned money on you guys while there are literally hundreds of options with teams that have way better exposure to this sector.

And if you can't handle that then you better lose any hopes of furthering your project in this space. Trust me there are worse things to be said.


You don't have to be Satoshi  to understand how to use crypto.

But you do need to have some understanding of what you're getting into if you're expecting other people to pay for your adventures. If you did it with your own money, no one would care if you washed it down the drain.

Here's an advice :

Work on something with your existing team. Build connections first. People that have exposure to this industry and someone that can guide you.


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Praedium (OP)
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May 24, 2019, 03:41:46 PM
 #9

Your CTO has no technical history in cryptocurrency - at least according to his Linkedin profile.

Your CEO is just a management consultant.

And idk what your CIO is or wants to be.

Please form a proper team first.

We're young founders working on our first startup and can't hire a team without money, hence the post.  Insulting our experience helps no one.


Learn to take a hit.

When you say young, I see inexperience.
I'm only asking why anyone should invest their hard earned money on you guys while there are literally hundreds of options with teams that have way better exposure to this sector.

And if you can't handle that then you better lose any hopes of furthering your project in this space. Trust me there are worse things to be said.


You don't have to be Satoshi  to understand how to use crypto.

But you do need to have some understanding of what you're getting into if you're expecting other people to pay for your adventures. If you did it with your own money, no one would care if you washed it down the drain.

Here's an advice :

Work on something with your existing team. Build connections first. People that have exposure to this industry and someone that can guide you.

I have a deep understanding of what I'm getting into. I first started following the crypto industry in 2013 (same as you), started learning coding in 2014 and have been intensely studying the surrounding tech and participating in the industry since early 2016. Lack of a day job at a crypto company does not mean I don't have technical experience with crypto. If there's a problem with the tech I designed I'm all ears, but insulting our experience based on our prior work history not including direct experience with an established crypto company is unhelpful.  We're using blockchain to build automated record keeping software to replace specific processes at banks and we all have direct experience with the processes we're looking to automate.

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  The current processes our software will replace cost financial firms millions of dollars per transaction so there's a huge reward so long as the project can be properly funded.  If we were rich we would fund it ourselves, but we're not rich and can not afford to work on the project full time anymore without funding
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May 24, 2019, 11:25:32 PM
 #10

I have a deep understanding of what I'm getting into. I first started following the crypto industry in 2013 (same as you), started learning coding in 2014 and have been intensely studying the surrounding tech and participating in the industry since early 2016. Lack of a day job at a crypto company does not mean I don't have technical experience with crypto. If there's a problem with the tech I designed I'm all ears, but insulting our experience based on our prior work history not including direct experience with an established crypto company is unhelpful.  We're using blockchain to build automated record keeping software to replace specific processes at banks and we all have direct experience with the processes we're looking to automate.

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  The current processes our software will replace cost financial firms millions of dollars per transaction so there's a huge reward so long as the project can be properly funded.  If we were rich we would fund it ourselves, but we're not rich and can not afford to work on the project full time anymore without funding
Calm down, mate!
Criticism is a common thing for every startup, you just need to prove you are solid and your project is solid.
To establish a project worldwide is not an easy task like 1..2..3, there is a lot of things need to be done and digest to make it successful.


I'm only asking why anyone should invest their hard earned money on you guys while there are literally hundreds of options with teams that have way better exposure to this sector.
This is the thing you need to prove in order to show legendster that he is wrong.


You gave Vitalik Buterin as an example... read this story, you will know how much he struggled to establish Ethereum.


A friendly advise if you want to get your project funded then find another path. Just posting in Bitcointalk will not help you imo because members here are very skeptical.
Maybe if you were an established member of this community then maybe some members could have shown interest. But that's not guaranteed for sure I guess.


Good Luck!
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May 25, 2019, 01:49:34 AM
 #11

If you think to ask for your proof of experience where I can see none is an insult then I suggest you find a better use of your time.

I'm done talking here.


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Praedium (OP)
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May 26, 2019, 10:12:03 AM
 #12

If you think to ask for your proof of experience where I can see none is an insult then I suggest you find a better use of your time.

I'm done talking here.

You directly dismissed our experience and said "form a proper team first".  At the very least that's unhelpful advice.
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May 26, 2019, 10:35:16 AM
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I have a deep understanding of what I'm getting into.  --snipped--

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  

I do not know why you guys first show your crypto understanding by first working in already established crypto projects? Show you commits or problem solved by you before you claim that you have deep understanding.

Vitalik was a core bitcoin developer before the creation of Ethereum and his crypto understanding is already known to all.

Market is full of scam news and in current scenario it is very difficult for you to gain investor trust/funding.

I am alive
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May 26, 2019, 10:43:09 AM
 #14

I have a deep understanding of what I'm getting into. I first started following the crypto industry in 2013 (same as you), started learning coding in 2014 and have been intensely studying the surrounding tech and participating in the industry since early 2016. Lack of a day job at a crypto company does not mean I don't have technical experience with crypto. If there's a problem with the tech I designed I'm all ears, but insulting our experience based on our prior work history not including direct experience with an established crypto company is unhelpful.  We're using blockchain to build automated record keeping software to replace specific processes at banks and we all have direct experience with the processes we're looking to automate.

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  The current processes our software will replace cost financial firms millions of dollars per transaction so there's a huge reward so long as the project can be properly funded.  If we were rich we would fund it ourselves, but we're not rich and can not afford to work on the project full time anymore without funding
Calm down, mate!
Criticism is a common thing for every startup, you just need to prove you are solid and your project is solid.
To establish a project worldwide is not an easy task like 1..2..3, there is a lot of things need to be done and digest to make it successful.


I'm only asking why anyone should invest their hard earned money on you guys while there are literally hundreds of options with teams that have way better exposure to this sector.
This is the thing you need to prove in order to show legendster that he is wrong.


You gave Vitalik Buterin as an example... read this story, you will know how much he struggled to establish Ethereum.


A friendly advise if you want to get your project funded then find another path. Just posting in Bitcointalk will not help you imo because members here are very skeptical.
Maybe if you were an established member of this community then maybe some members could have shown interest. But that's not guaranteed for sure I guess.


Good Luck!



Yes criticism is common, but deconstructive criticism helps no one. Our experience is right in line with the product we're building. It's not like we were flipping burgers yesterday and randomly decided to start a cryptocurrency startup.  


I'm not expecting many leads from this post, but you never know.
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May 26, 2019, 10:50:41 AM
 #15



I have a deep understanding of what I'm getting into.  --snipped--

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  

I do not know why you guys first show your crypto understanding by first working in already established crypto projects? Show you commits or problem solved by you before you claim that you have deep understanding.

Vitalik was a core bitcoin developer before the creation of Ethereum and his crypto understanding is already known to all.

Market is full of scam news and in current scenario it is very difficult for you to gain investor trust/funding.
[/quote

Re-inventing the wheel is a bad software engineering practice.  We build new solutions on top of existing ones so we do not waste time rebuilding something someone else has already built. 

The new solution I invented is outlined in our whitepaper.
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