I checked out the Bytecent thing; fully expected the usual bullshit.
And that's precisely what we see: incoherent waffle and confused hyperbole larded with weasel words. Allow me to illustrate ...
Over the past twelve months there have been hundreds of cryptocurrencies that have launched worldwide, and more than ninety-eight percent of the cryptocurrencies launched during this time many have failed for one reason or another. The Bytecent project was conceived to bring sanity back to an industry that has drifted away from the core principles set forth with the original Bitcoin project.
Bytecent is not just another cryptocurrency in a sea of many; it is a philosophy born out of necessity. The goal of this project is to reinvent crypto from change the manner that wallets are distributed and installed, to and the method that coins are mined and utilized. Bytecent is the first user-friendly cryptocurrency designed from the ground up to be as easy as sending an email. If you can point and click a mouse, you can use Bytecent.
In addition to eliminating a couple of the complexities associated with cryptocurrencies, Bytecent aspires hopes to be the first cryptocurrency to make use of old and new media to educate both merchants and consumers on the numerous benefits of using Bytecent.
Join the Bytecent revolution and be part of the future of crypto and financial transactions as we know it.
Stopping briefly to acknowledge an insult to the reader's intelligence ...
“Downloading and installing a cryptocurrency should not require a degree in computer science.” News at 10 ... it doesn't.
... we carry on to the “Marketing” section which contains some ill-concealed wriggling around to avoid making an actual commitment to spend fiat ...
These two media require fiat:
“Placing ads in technology and financial related magazines
will allow us” <- no specific commitment
“Radio advertising
will provide us” <- no specific commitment
These two don't:
“At least two press releases will be issued each month” <- countable
“We will conduct monthly webinars and offline workshops” <- countable
What's amusing is that it's just so
obvious. In places, it even drifts off into pure fantasy:
“By putting together a diverse group of influencers and brilliant minds from around the planet, we can leverage the strength of the community to influence wider adoption by retail merchants and other services.”
Irrespective of anything to do with leopards and spots, the text in the ANN is worryingly vague about important commitments. Personally, I would expect any new-leafer to take great pains to demonstrate their newly-claimed trustworthiness by being absolutely crystal-clear about
exactly what investors will get in return for their money. Not the case here, perhaps old habits die hard.
Cheers
Graham
