Has anyone actually read the whitepaper?!https://leviarcoin.org/assets/pdf/LeviarCoin_White_Paper_v1.pdfThey claim to be achieving something along the lines of an anonymous currency and DRM system but the whitepaper is amazingly vague and NO ACTUAL TECHNICAL EXPLANATION OF THE SOFTWARE IS PRESENTED!!!
This article below isn't even real, it's created by the Leviarcoin team!
https://www.prnewswire.com/news-releases/leviarcoin-announces-crowdsale-for-its-revolutionary-blockchain-based-in-app-purchases-and-software-protection-platform-300468062.htmlPlease do your research before backing these companies, I don't understand how there's any value moving forwards with this tech and a definite rewrite of the whitepaper is required since the only actual vague explanation with any value is the re-explanation of CryptoNote technology which wasn't even made by LeviarCoin.
Why I think it's a bad idea to invest1. No technical explanation in whitepaper except a few vague figures on the gaming industry.
2. Only covers existing technology not created by this company.
3. Without proper technological value, I expect this company to raise as much funding as possible and disappear with all your money.
What this company can do to change my opinion1. Properly explain what you're actually trying to achieve with this technology. We already know that all software can be cracked, just by using blockchain technology doesn't mean you can suddenly beat the efforts of hundreds of programmers trying to prevent others cracking their software.
2. Properly write a whitepaper instead of submitting this poorly written word document.
3. Show me sustainable value for future investment and what you actually plan to achieve.
Oh and one more think, the ICO was over 8 months ago and we refunded everyone who wanted a refund.
So better check your facts before you start talking shit from that hole.
Opinions opinions, everyone has them, everyone fights with them.
That wasn't my point, which is that the facts are hard to find, you need to market yourselves better if you want this to take off else you're going to end up losing everyone's money based on devaluation of your product.
DRM is a hard problem, don't think that you can just magically fix it with blockchain technology and yes I am hard judging you against your whitepaper because the cryptocurrency space is flooded these days with crap, if you want public backing and organic growth, do your followers a solid and put the effort in, you need to take this more serious than you are now, especially with language like that.
You're dealing with the future economics of these people, this is not shit spewing out of my mouth thank you very much.
I doubt he will put in the effort to address your concerns. You have raised quite a few legitimate concerns. The whitepaper is the most basic necessity for any project. If it doesn't have any technical details on how they intend to solve the specific problems they intend to solve, that can only mean the dev is not clear on what he intends to achieve. That's a huge red flag.
Anyone can pick any problem and claim he wants to solve it and then make a coin that does nothing to solve it. Then you get miners onboard to mine your shitcoin and hope there will be a massive pump sometime within the next 2 years. You can then dump your stack and exit scam with a few million bucks. This is how the shitcoin and scamcoin devs operate. In the meantime, they will insult anyone who question their intentions and keep updating their roadmap without actually doing any work.
