Bumping this project to let everyone know that unfortunately we're going to have to put it on hold.
After speaking with an industry-leading company regarding securing a partnership for distribution, it appears that "their legal department has advised them against it". Although an exact reason has not been given, we're assuming it has to do with the liability of distributing what would essentially money through their network to targets worldwide. There's also the very large possibility that they didn't understand the project and what would be required for distribution.
Unfortunately without this partnership, distribution as well as industry acceptance is going to be a lot more difficult. I'll admit, I expected this... it was for this reason that I was hoping the industry-leading company would be interested in helping developing the project from the ground up and have them handle everything. Unfortunately, as crypto currency has a negative connotation and I was open with the fact that a paid partnership would be okay if that needed to happen, it appears that they see dollar signs a lot more heavily than I anticipated and they were not willing to work on the project outside of a paid partnership.
I find this disheartening, because this project was for the better of geocaching and nothing else. While this project got me out and geocaching myself, something that I am really enjoying... it has me absolutely fucking hating the geocaching community of Reddit. There's a holier-than-thou attitude that couldn't be matched by Tom Cruise. I was attacked and belittled by these hipsters of hiking on /r/Geocaching so much that at points I started questioning whether I wanted to bother wasting any more time on a project that would do nothing but benefit them. The geocachers I met outside of that shitty community were incredible though; extremely supportive and interested in the project.
In the end, I am disappointed that this project can not get off the ground as is. I'll be working on figuring out an alternative distribution method but for now this project unfortunately has to halt.
Those interested, please feel free to PM me any ideas you have and I would be happy to discuss them with you.
Thanks everyone for your time and interest, I really hope we can make this work at some point.
Thanks for the honest update! Don't give up, you never what know what might be just around the corner dude
