Hello everyone here is Salim and today I want to talk about the delay of Electroneum if it's good or bad!
My answer is: it's GOOD :) ask me why? well, great question.
There's a cable of benefits .. YES benefits that we are getting right now from the delay.
1-Security
They are working with big companies "Amazon and Hackerone" to make the Electroneum website very secure. The good news is the Electroneum website didn't get hacked!!
To know more please watch the interview on youtube with the CEO Richard Ells ...
2- Protect The Brand
The more important thing in the business world is your brand and Electroneum team took this decision "Delay" to protect their brand, they did an AWESOME marketing during the ICO phase and they built a huge brand everywhere on social media. That's why they have to defend this brand for future success.
3- Bringing Eyes On Us!
Big Companies heard about what happened with Electroneum and what they are doing to solve this problem, that's mean this problem could bring some big companies interest to Electroneum Blackchain!
4- Building Momentum
Some investors did miss the boat and they are waiting for Electroneum launch, I can guarantee you that! Investors DO NOT want to miss an opportunity like this "FOMO", so there will be a huge demand for this coin.
5- Building trust
Electroneum is working with big and trusted names "Amazon is BIG!" Hackerone is trusted brand working with big companies like Coinbase, Uber e.t.c
In my opinion, some problems in business could be the start of a big success story.
The CEO and his team are very transparent with the investors, making daily updates on their social media channels, trying their best to keep people informed about the current situation.
Overall the Electroneum team working hard to get the job done and start a great carrier in the blockchain space.
Hope you enjoyed this article, thanks for reading it :)
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Cheers
There is nothing good about Companies who set deadlines they can not meet.
I was part of a few coding projects myself where we set deadlines we knew there is no way in the world we can meet.
This is a weird stupid trend in todays high tech world. Mainstream.
Why?
Taking away the unexpected delays - money money money.
In case of Electroneum we just need to suck it up and wait for them to sort their stuff out. hopefully sooner then later.
You are right! but, delay in this sitaution it's much better then get hacked and lose everything!!
for sure
The team constantly communicating with the community, doing youtube interviews & putting their faces on the front page helps a lot with all the uncertainty.
I am invested in a Mining ICO (giga-watt) who had September 15 as a token release date & due to construction delays their current deadline is early/mid December. This was my first investment in a crypto world, 3+ months delay...
At some point i decided to stop being salty about it and except the fact that learning and making terrible decisions is part of the journey. Hope its not the case with Electroneum :)