Hello everyone!
I am an investor and a XBC community member mainly active on the IRC channel itself and I would like to give my 20 cents.
I've been around since the second IPO like many of us and I am in XBC as a long term investor, a helping hand and a provider for good spirit.
1) First of all, I would like to address the dev situation and community perspective
Personally I think, even though it might seem so momentarily, developers folding as not a bad thing.
Those individuals who have other things going on in their lives enough so to not being able to stick through are not the right people to carry the project through thick and thin in the first place into success in long term. Those who fold in the bottom are the ones that evolution weeds out and that's all natural.
Right now, we have Coinerz, jiapetz and also mindfox and tf2honeybadger have both expressed their continuing support.
Also we have a good group of loyal community members, fanatics, who all stormed into the channel expressing their worries, etc.
Which again, shows that we have plenty of people who actually care about XBC as a coin and as a project.
As those who have been here for short term jackpot wins have folded their hands already.
Those things being said, doesn't this show precisely that we now have the right people in place, the very core, the pressure cooked carbon based lifeforms that show that they are on their way to form a tightly fitted diamond!
As a person who has gone through special forces in mandatory army service (not US obviously), I can assure you that great teams are not built in the sunshiny fields, but in pressure cookers and sustaining hardship.
So here I present the leaderless panic a complete opposite view.
And still I cannot finally say or speak for those people, but at least I have spoken to all above mentioned yesterday excluding Coinerz and based on the exchange of minds, I think this project doesn't have anything too dramatic happened to it that the current members couldn't pass with flying colors.
2) The actual situation at hand.
So, the biggest "problem" is to get Wallestein / Serious, whoever has the web keys etc., to give their statements of what they do with the project and in the case of resignation, hopefully give up the access to the developers still on board.
This would be good to happen within next few days if possible, as there is still a week before Mintpal vote might go through.
And MP might want the coin to have the team united together etc. too.
If the holder of the keys don't turn up or folds or whatever, it's still not the end of the world either.
And as the current team saves the day, this actually displays the strength of the will of the people on board to keep on going, which eventually will be seen as a merit, not a fault.
This will really put the previous talks about XBC being a community coin really worth it's name and claim.
And this whole situation I see as a proper initiation challenge for the remaining team members.
3) A view on leadership
In my personal opinion, the way coin development went under Seriouscoins lead, and I say this from the perspective of constructive criticism...
What bothered me with the previous organizational structure was that the leader was too separate to developers and the developers were slightly separated from the community.
This is not true to all of the cases, but as an organizational structure, it was similar to what slightly bigger companies have, yet we didn't have enough people and things going on to make it the best model.
This current situation however carries with itself the unique opportunity to put a better functioning model into the whole project.
And the whole current membership: Coinerz, jiapetz, mindfox, tf2honeybadger and others...
Could more or less work as egalitarian board with only slightly varied and apparent roles on each core developer.
We do not have a giant operation in terms of people around, we could have a model where we are like a group of heroes of limited number, backs on each others backs surrounded by the army of FUDsters and all the investors, traders and so on... All addressing issues, doing things together, discuss with each other without artificial borders or distance and radio silences with each other bothering communications etc.
Decisions could be made solid with simply the majority of core members agreement and thus we would avoid these bottle neck situations such as the current one at hand where the chieftain is somewhere and unable to respond and web keys are on one person who is gone also... You understand what I mean.
Why not in the future give back up access to more key "board members", and then let the whole operation flow more fluidly through short term topographical changes in the terrain and then when it comes to long term planning all could happen openly on the irc channel or the forums and this way also the fanatics and investors have their opportunity to express their ideas as well. Projects like this do not function well if there is just one chief who is hard to reach and who has to hedge against mountains of piling requests.
As far as I know, Seriouscoins did work hard, but he was so buried in so many requests etc. that made him unresponsive and thus he pretty much had to distance himself.
That's all I personally really know about him as I talked with him and we should not hate him for his actions, especially if he still comes back to give some sort of a formal statement on his situation and a possible resignation.. To me, I can accept it without bad blood. And I'm not even implying that the community rejects him either. Just assuming that he decides to step down from the project...
However, if not, I'm happy to have him back, of course, minding that there is proper response to review the current situation realistically and also giving a proper respect of time and effort back into the project and addressing the issues I just illustrated above, which at least to me seem rather key things to re-consider. Just my opinion though.
4) Real heroes:
Then there is the issue with mindfox, to be least bit fair, he is really the rather silent hero of XBC.
Let's face it. XBC has only minor challenges to overcome currently.
Many other coins have it way worse. Their wallets breaking down.
XBC wallet and network has worked like charm, because all of the work mindfox has put in for ludicrous compensation.
He deserves much more.
The good thing is, tf2honeybadger, myself, perhaps jia if I remember correctly and many others have already expressed their desire to chip in to reward the tremendously important and hard work mindfox has put forth to the project. He has been the real spine to keep the actual infra going. For without it, THEN the FUDsters would have the RIGHT to say "XBC is dead"...
Well, you know what, you pimple faced punks? (
)
XBC is NOT dead. Price down ≠ Coin dead.
The coin is dead when there is no one to keep the project moving.
And in this case, it looks really good in my honest opinion.
The guys left around are powerful individuals who have guts, faith, skills, talent and heart.
Right now, a new wallet etc. is not the most essential part anyway.
Coinerz has already done a new website, all we need is either the keys back, or just new hosting. So that's the next issue pending to be resolved.
Then later and hopefully soon, we can chip in to give Mindfox the proper compensation he deserves and also in the future after the initiation challenges are handled, when the situation is solid enough so we can start working on the upgrades to wallet and further hire Mindfox, we will be able to do so without second thought.
5) Final word, analysis and cheer:
I trust that this team has what it takes to take the situation under control before MP.
We can all hope that XBC will be at solid bottom and perhaps going back up when MP picks us up.
If not and the decline continues, still I see no reason why we should wave a white flag.
Let the doubters doubt, fudsters spew their fearful guts...
Sticking together against the face of challenges can be the best thing ever happened to XBC.
That's what I vouch for, and that's what I want others to know.
And I'm not the only one who thinks this way.
The project has not failed.
Not to the slightest degree.
This is where we show what we have within us.
This is the greatest opportunity to put everything in balance and start on a clean, purified slate.
Stick to essentials, grow organically and patiently, keep our backs and spines together, eye on the ball, not dropping it.
Just think about it!
Now we don't have anyone to please and to give glorious promises and then try to run like headless chickens with too big bites to swallow while the team gets buried in their own impossible grandiose challenges... That's the mistake I see along with organizational structure before... Tried to be too big for the amount of members / actual coordinated work put into it while promising too much, too fast. I do not mean this in a bad way or to blame anyone necessarily. We had all the energy before, but **** happens and it's fine. A good team can learn and move on with the project.
No need to launch it anew in order to please FUDsters, no way.
Let's get our heads together and just do it right this time!
PS. Feel free to correct me if I spoke over someone against their true status and if I got some errors in my facts.
PPS. As a long term investor and XBC fanatic, I'm not really bothered with pampering the feelings of imbalanced individuals, kids, who love fear porn and drama, just to let you know.