Wait, I don't think I understand you correctly. Your project DO implement an ICO, as stated on your
page, as well as stating in your
tokenomy that your team will not allocate any fund for team because they're already employed by
Zero Avocado, Ltd. This part instantly made me interested to do a small DD because I don't think many project would do this.
And, although Zero Avocado's age is quite young (7 months), I have to say that said fact shouldn't justify its (dis)ability to raise a non-paid side-project, hence should be given the benefit of the doubt. What raises a small concern in me, though, was the appointed director, Sven Tomas Egerstrom, as I stumbled upon some search result about him and several convictions, a fraudulence in 2002 and the recent 2017 case of some ships? Can you please clarify about this.
Yes there is an ICO of the Zercados Token as correctly stated. The reply was to your question “can the business work with out the ICO”, and this it can as its already up and running. Selling Avoozer phones and services is already being done without the Zercados Token. But to fully offer the privacy and anonymity that users expect, a transfer of value is needed within the system. This is the Zercados Token being launched.
The token as per its White paper is also used to reward developers of systems and other things that benefit and expand (therefor also increase the value / income / profit) of the ecosystem.
This is why Zero Avocado Ltd buys back tokens yearly.
There is no need for management to be given free tokens on the launch, they are paid by Zero Avocado Ltd already.
Everyone who works, or more correctly “is contracted” by Zero Avocado gets paid for the task they have in their hands. Not for anything else. As an example The wallet app being developed for the Avoozer smart phone for Zercados the developers will get partly paid in Zercados and therefor have a potential better reward for their work instead of just a fixed fiat payment.
Regarding the CEOs past as you mention, not all you read is true. Mr Egerstrom has a clear criminal record in every country he has ever lived in. Yes he used to be a ship owner and has extensive experience in security related issues in complex areas. Maybe this is why he knows there is a good market for secure communication in some less democratic countries and risk zones. The Charter of a ship you mention was as you can see politically driven and Mr Egerstrom made it clear many times that he does now judge charterers by their political views, religion, race or sex, it’s same conditions for everyone. In this case the charters had less popular political views. In a democracy this happens, but the laws apply the same to everyone.
Political party groups and other organisations that act in countries where democracy is less developed are actually a very interesting user group for the privacy ecosystem as they often need exactly what the ecosystem offers, secure ways to communicate and transact with each other within the group. It’s one of many target groups!
I'd like to clear the issue regarding your director before we move to the technical matters of the project, if you don't mind.
Entire post quoted for future referenceFirst, your statement that Mr. Egerstrom didn't have a criminal record, were you saying the snippet below is false?
Now, I didn't speak Swedish, but google helps a lot translating them into English, and I'll be very happy if anyone here who speaks Swedish could correct or confirm me.
The snippet said he was imprisoned for two and a half years for a "grovt bedrägeri", an accounting fraudulence, i.e. a misuse of company assets or faking financial reports, or was this document referring to a different Egerstrom?
Second, about your confirmation that his shipping company is involved in a criminal activity back in 2017, if we have to put this issue away from the political side and the parties involved, I'd like to point out that the company were caught on forging documents. I'd love to hear your insight on these matters.
