let's get to business. Some negative feedback incoming regarding CasperPad launch. Disclaimer: I got my KYC done and I am in tier 6 so for me everything worked.
I am writing this because this launch so far has been a total disaster and I would like to give some constructive feedback. I am professional trader and investor on daily basis and have been here form the start of the Casper public sale. I am staking my
tokens with validator and helping to secure the blockchain. I see great potential in
Casper and want to support it's ecosystem in every possible way.
In my career I have seen many launches and to be honest, this one has not gone smoothest. I am worried about it because this project is backed by Casper Association and all their mistakes share some bad light on Casper also.
1) Very unprofessional KYC. Looks like they did it manually and then sent confirming emails also manually. Due to that a lot of people have been left out without no reason. Some did not went even to sleep as they waited their conformation emails. Also no words about GDPR - how is provided data stored and so on.
2) Lack of information about the project before sale. They have not provided any information about the team behind the project. They call themselves a 'group of Swiss blockchain experts' but without names and evidence these are just empty words. In my opinion when you are launching a project and aim
to raise money then some work needs to be put into it - create some introduction documents for investors. Whitepaper would be nice. In some other regulated markets when project tries to raise money with so little effort put into sharing information with investors they would get crushed and not raise a much. Sadly this is not the thing with Crypto and considering current market sentiment
every project gets funded.
3) Why rushing with the sale? As team said their 1st sale on launchpad will be sometime in Q1 2022. Couldn't you wait a little bit more and launch on Casper? To me this mindless rushing seems like team is desperately needing money and have to push forward.
4) Any comments about project's major investor A-T Holdings. Is it true that CEO of that company is one of the founders Fares Abu Taleb? If true then this is not best practice in my opinion. Community did not have much option to ask these things during yesterday's AMA held on Casper main channel.
That's all for now. This is objective critics about this project in my opinion. This does not mean that the project will fail, I just pointed out some things that should have been done better/explained more. And I hope that future projects can learn something from here :) I will still participate in the sale and let's see how this thing eventually plays out.
Thank you for your time and be happy :)
Sincere comments are appreciated
Thank you so much for the feedback :D
no problem :)
good feedback 😁
Good one 👍👍
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