In the meantime you can help.

When could LAB hit the markets?

Not really, the team is all over the place. Tokenlab, website redesign, DAO, EXP.Pay, EXP.Life, VoteLock, whitepaper, marketing, EXR.... Honestly i'm losing track of all the things they are attempting.

NONE of these things are finished. Note that most of these products were announced in the beginning of this year, and NOTHING has been delivered, except EXR. Most of them haven't even started yet!
I've tried talking to them about it but they get frustrated and don't want to listen, and eventually kicked me out of the slack.

A good project has a clear roadmap and clear goals. The Expanse team tries to do everything at the same time and as a result everything is half-assed.

They were supposed to launch a roadmap in June. After half a year not even a draft has been released. How do you even operate without a roadmap???

There is just a complete lack of direction - there is no capable CEO is able to oversee the big picture and prioritize the steps needed to get to the goal.

I used to like this project but it turned out to be the biggest disappointment of all my investments, nothing substantially happened after giving them a year to accomplish something, and i know nothing's going to change because they make the same mistakes again and again.


Some things have happened and there are some ICO's lined up, so things are slowly progressing, but man it could have been so much more, and so much better. The product i expected when i invested initially was and is still great, but i have little confidence it will ever get there. At some point someone will get a similar idea and execute it better, and Expanse will be lost. Like NXT was lost to NEM.

Honestly they are not scammers, they mean well but they are just completely incapable of managing a project. Let alone something of this magnitude.



Then why am i writing this? Well this message has 2 purposes:
1) To point investors in the right direction - which things to look at when they have invested.
2) To hope that the team gets their shit together: Understand what you're doing, why you are doing it, and prioritize. Figure out, in detail, what the hell you want to build and how it will work. Then make a step by step plan with SMART goals to get there.



Now in response to this message they are going to say: He is a shill, paid by Ubiq or whatever. But they will not look at their process and try to figure out what they're doing wrong. They dropped 200 spots on CMC and still think it's because "BTC is doing so well", or "People are paid to make us look bad".
I'm not a shill, i'm not paid by anyone - my account is almost 4 year old. I'm just terribly, terribly disappointed.

Wow i'm so glad i'm not the only one, thanks!

Prrrrft is just salty he got banned from the slack for concern trolling. This is literally all he has ever done in the expanse slack. Atleast a few times a week he would do this. Ask anyone from the EXP chat.

I recalling banning you from Slack just because you were always toxic.  Every single time we posted news, made a small accomplishment, or updated the community on, you were extremely critical.  Even on tasks that were "completed", the criticism did not stop.  So yeah, I would definitely call you FUD because a logical investor does not remain a critic when something is completed.

Agree.  China has banned cryptocurrency more than once.  Each ban has only held them back, which is very hypocritical for them to do being one of the world largest crypto miners.

I sure as hell wasn't toxic, i even vouched for and defended the project a lot in Q2, until i got just extremely frustrated by the team's behavior towards criticism and lack of direction.
I even offered to help you out, several times, because i was seeing what was going wrong, but the team rejected my help.
Of course i get more and more critical when every even slightly sensitive question is met by avoidance and personal attacks.

Of course i'm not going to hype tiny accomplishments because i'm a long term investor - i don't care if you accomplish something which is not relevant for the big picture. If anything, it makes me more frustrated because the team treats it as some massive accomplishment (so many times overhyped), while i already know in a month it'll be forgotten and we're still at square 1.

You expect your investors to jump on your bandwagon and if anybody does otherwise the team feels attacked and feels like these people are toxic. Guess what? That's a shitty attitude for a team. Investors have real concerns and when they voice them there are only 2 options:
-The concern is unjustified so you can explain it away
-The concern IS justified and you should process the feedback.

And if it turns out you are unsuccessful in explaining the concern away, you probably missed something because you either didn't understand the concern correctly or your answer is not sufficient.

I can't believe i have to explain stuff like this, it's elementary.

Take your reaction to my post as a text book example of what's wrong with the Expanse team. Instead of addressing my points one by one and showing you actually do have a plan and know what you're doing, you AGAIN respond by calling my reaction FUD.
I'm a disappointed investor and this forum is the only way to vent my frustration, which is something completely different because you sure as hell fucked up to get me to this point.

N.B.: when i say you fucked up i mean that the team has a complete inability to handle criticism, a bad attitude where they treat people with genuine concerns as toxic, and very poor self-reflections skills. Only the worst of attitudes will get my this worked up.

For the record, i was holding up to 100k EXP for the better part of this year and lost about 30BTC, and i'm not even talking about missed profits. That's my bad, because i invested in a bad team, lesson learned. But maybe that helps to get it through your head why i feel a need to vent here. You treated one of your biggest investors like shit.

I remember when you trolled about the charity also. You were always toxic as hell in expanse slack. "I offered to help" no you didnt, anytime you would show up all you did was NEG the devs for hours and then be like "but i can help". No wonder they would brush you off and eventually banned you. You are saying the team cant take criticism but you cant take being ignored. Look at how worked up you are because no one takes your "help" serious but why would anyone? Maybe you need to evaluate your approach for the next project you decide to "help".

A typical prrfft encounter on slack.

"you suck you suck you suck you suck, but dont get defensive why are you getting defensive, you suck you suck, but I can help!" 

I sincerely doubt you ever owned a single EXP let alone 100k. But you can prove it.