I waited until the interview to decide and decided now that I won't be participating in the ICO.
Here are the problems I have:
-Users are going to have to buy VR headgear to use your software. I personally would not go out to buy VR gear just to use this platform even if the VR gear only cost $20. This also creates another barrier for someone to use your website.
-You talked too much about youtube/twitch.. and the way you answered questions sounded like it is a dream than you actually having an actionable plan.
-Your token and coin point system is too confusing and seems unnecessary.
-I don't believe you are going to be able to draw viewers to your website. People also are not going to magically start using your website even if your successfully pull everything off. You cannot suddenly steal viewers from twitch and youtube and I think your USP is too weak to succeed.
-This one was the deal breaker for me. Your max cap is way too high. Sure there have been ICOs before you with nothing built and getting a lot of funding, but things are changing and asking for $40m with just a mockup on your website is just insane. To me it sounds like you are asking for $40m to start a fun school project of yours.
Lastly, VR is always going to be interesting, but from keeping up with the thread and also watching the interview.. I just don't believe you are going to be able to execute.
Also you should have practiced not saying 'like' 'like' before the interview.
Just to be clear, you will be able to watch videos on the platform using your desktop or mobile without any headset. About coins and tokens I think it's just confusing on paper and once implemented it should be easy and intuitive to use. Won't argue with the other points, cause it's your personal opinion. Cheers.
