We are right in the middle of an 8 day dev meetup.
This project has been narrowed down and prioritized. All I can say right now in a few sentences before we get back to work is that: THIS WILL BE HUGE.
We have stumbled upon many problems in the music industry that can be solved thru blockchain technology. This means the project could be HUGE. We are coming up with a logical step by step, prioritized MVP.
We still have a couple of days to work everything out.
Expect a massive update near the end of the pre-sale.
This will affect the timing or the DAC vs proto-DAC dates and all.
Any news on that?
I don't want to appear impatient but we are pretty much left in the dark regarding what is going on behind the scenes.
Would very much appreciate more frequent updates, as it would undoubtedly raise investor confidence.
Hey Frodo.
Yeah sorry about that, here is the issue we have.
We actually have a nice wireframe and have been doing some UI user testing. The thing is, we can't show it publicly. We can't even divulge the parts that will make PeerTracks have an unfair advantage over the competition.
This space is filled with BIG competitors. We aren't trying to compete with Coinbase here. Coinbase is huge in the crypto world. But Apple, Youtube... those are BEHEMOTHS!
They can easily just take what we come up with and build it themselves. We want to have our platform 95% done before we really divulge any info.
Our goal is to get users to adopt it since we are the only one doing this. By the time the competition catches up, we want to have the community already used to using our service.
The community is what makes a platform valuable. The tech can be replicated and copied for very cheap (relatively speaking. For google, it definitely is)
For this reason, we have been much less transparent then the rest of the crypto projects out there. But remember that our blockchain's value will depend greatly on the centralized company to bootstrap it in the early stages. If that company does not attract users and artists, the blockchain won't have what it needs to really take off.
So I hope this helps a bit. PeerTracks is a traditional corporation.. a tiny fish thrown into a pool of sharks. We want to grow into a bigger fish before we come out of hiding.
Sorry for the crappy analogy ^^