Hi there,
We all know the technical team is pretty busy in finishing up DIONS.
DIONS brings us much greatness in the future. Not only we are able to store data in de blockchain, we also get to have a whole new HTML5 wallet with loads of features in it.
Continues development. Currently the technical team is setting up a full blown testnet to test DIONS, messaging and all other features thoroughly. We are getting there!
Next to that we have divided the workload between multiple developers so we can also start on finishing up Chameleon which will bring us the sidechain technology.
Soon you will get a good update on technical developments.
About my focus on the I/O Digital team;As many of you know i run a business in the Netherlands and have a lot of experience in "creating business".
I started at I/O Digital to help grow the technology, find interested adopters / investors and think of ways to achieve our overall goals: adoption and usage.
With this in mind we have had many conversations with genuine technology investors and even initiatives that are willing to connect to our chain when DIONS is released.
So we could say that somewhere after DIONS release we - probably will have - a launching adopter. Details still in the making, but it all looks pretty good.
Next to that we also have the community on our screen. Some time ago we launched iocoinhub.io and some other initiatives like the gift feature. In the development phase of DIONS we have thought of ways in incentivizing the community and especially the stakers more. You probably know the idea of giving the collected fees, needed for storing data in the IOC chain, back to the stakers.
So the more businesses we connect, the more data they store, the more fees you collect (above the normal stake $).
We have a lot of ideas left to make it even nicer to be part of the I/O Digital community / project.
Its not only about receiving IOC for the stake as a "thank you" but we are also looking at possibilities to give loyal IOC stakers / holders some kind of vote mechanism.
This has also something to do with the creation of a real life I/O Digital business with shareholders / participants. See below.
We are checking all sorts possibilities to make I/O Digital a real company with real shareholders / participants. Due to all legislation we are seeking the best opportunity and way to do so.
We are talking to many advisors about this. In this way we can attract official investors to invest into the technology and company. This gives us much more traction and breathing space. It will also secure some future ideas we have.
If we attract companies that would like to invest into I/O Digital, then there is not only the technology which we can fund, but also marketing. As you can imagine and understand we currently are spending our own $ and will do that on the development of technology. Marketing, branding and PR is second for us now.
We still managed to launch I/O Digital this year and will focus on that brand as a corporate structure. The minor PR we already did was pretty good though. So we expect a lot of good PR in the future.
Our (rough and not yet decided) idea is that a board of directors will then decide what I/O Digital is going to develop with the external investments. Not only the board will have their vote. The stakers will also get some kind of vote into the direction we will then take. Again, this is all into consideration and takes time. But it is our strong believe that making I/O Digital a legit entity will give us more backing and overall trust.
Its all about a story of the chicken and the egg. We first need the live and working technology in order to attract external businesses and investors. Yes, we are talking to them, but it makes it a lot easier if we have some things to show for. Thats why we push hard internally.
This is how we work. No smooth stories and get millions of external $ to develop. We develop and deliver.
We show what we are capable of and get the attention when we have something to show for.
We are here to create technology and do whatever we can to help businesses adopt our blockchain and create success together.
I would like to personally thank you all in backing this project. Your thoughts are always appreciated.
We have a small core team and maybe a small community, but the people that are still with us have big hearts. Thank you for that.
If you have any questions, please send an e-mail to
richard@iodigital.io or contact me through the known channels.
Cheers
Richard
probably this is one of the most undervalued coin in Crypto, but thank to impatience people for dumping...more cheap coin for us!
