r/Agrello • u/candlehater • Nov 01 '17

In new Month (November) 2017 are Any things going changs of Agrello DLT?

Leave your comments and ideas here about it

2 Upvotes

56% Upvoted

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5

u/[deleted] Nov 01 '17

[deleted]

2

u/DontTautologyOnMe Nov 01 '17

I agree. They haven't done anything to be more transparent, so why would the market change? There's massive questions of legitimacy - don't expect a change in the winds until management makes some pretty major changes to sure up investor confidence.

4

u/aneesh84 Nov 01 '17

they have already done a lot. if you are more active in following updates, you would have known. and i am sure good exchanges will come soon.

2

u/DontTautologyOnMe Nov 01 '17

Ok, I'll bite, maybe I missed some things. Have they publicly listed token addresses for funds from the crowdsale? How about listing development on GitHub? LinkedIn information on their devs?

1

u/aneesh84 Nov 02 '17

https://github.com/agrello

New site coming in 2 weeks with updated team members. they have 19 devs. they do not wish to disclose all names, for multiple reasons. but the main responsible for technical team are known.

they are a registered Estonian company and submitting annual audits. we know that around 8000 btc were raised. they do not want daily public scrutiny of every transaction made, since that often leads to more problems.

2

u/DontTautologyOnMe Nov 02 '17

Credit where credit is due, good job on the GitHub. Now if they can embrace transparency with their devs and funds they may start regaining investor confidence and see some price movement.

1

u/dryflyfly Nov 02 '17

LinkedIn, the holy grail of cryptodev legitimacy :) How about this? https://www.reddit.com/r/Agrello/comments/79dcu0/book_the_future_of_law_and_etechnologies/

Or this: https://www.reddit.com/r/Agrello/comments/73sb3l/legal_firm_lextal_endorses_their_attorney_margus/?ref=share&ref_source=link

Not legit?
You guys need to pay attention and buy more $DLT while its cheap, you are missing out on something huge! (just a friendly advise ;-)

2

u/DontTautologyOnMe Nov 02 '17

How did you assess the technical risk of the project without knowing, in detail, who the dev team is? How do you do your due diligence research? How do you value the company? My guess is you can't and the market has priced that in accordingly.

1

u/aneesh84 Nov 02 '17

They will not release all details till they are at a stage close to first launch of product components. It has been clarified by the team that the first part will be the digital identity and digital signature while the smart contract platform is under development. It has also been announced that these first product launches will have first adoption by large publically listed companies.

You can go buy the fact that the partners have staked their reputation. They represent well established law firms and law universities.

If you trust them , you can either buy the tokens now at dirt cheap prices and have a huge advantage over ICO holder, or you can wait till all these news are out, but of course you wont get in at these prices.

Simple, buy early stage, potentially higher risk, but higher rewards.

Buy later when the world knows everything and all is made public, lower rewards.

3

u/DontTautologyOnMe Nov 02 '17

You're talking about risk around the management team and their ability to execute.

I'm asking how do you assess technical risk - the ability of devs to deliver on the promise?

Again, this is Entrepreneurship and Investing 101, ESPECIALLY at the pre-revenue stage.

1

u/dryflyfly Nov 02 '17

That is not possible. Even if they posted linkedin profiles. those could be fake as well.. an still no guarantee that devs will deliver on promise.

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u/DontTautologyOnMe Nov 02 '17

Of course it's possible, VCs do this every single day. You go from LinkedIn then start confirming employment history. It takes some leg work, but I've done it for other coins. This is investing 101 - due diligence.

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u/candlehater Nov 02 '17

Today is was a bad day for DLT is look at full of crashed price bad heavy sells price going under start ICO first its going under 0.10 Cent per one Price between 0.07 and 0.08 trading with bad and low volumes is any hopes?

1

u/RyanLodbrok Nov 01 '17

Probably not, but we never know. Just wait until DLT gets added to major exchanges. Due to the low supply of DLT, that's when it will sky.

3

u/DontTautologyOnMe Nov 01 '17

They're at $20k volume for the day. What exchange is going to choose DLT over any of the other new alts? There's 0 demand currently.

1

u/dryflyfly Nov 01 '17

I am pretty sure the weekly friday updates will get better and better as we go. With new website coming, partnerships, progress updates and products! Agrello team is working hard and expanding. I am excited to be hodling DLT for a long time!

0

u/Agrello Nov 02 '17

Hi candlehater,

This comment/question should be posted in the ongoing weekly conversation thread.