ICO Review - Lamden [Lamden.io]
Lamden (Lamden.io) ICO Review
Well, not so much of a review but more of a why I wouldn't put anything into TAU at this stage. Of course if I did more research I might find answers but who has time when there are so many ICOs already running and upcoming that I need to look into.
When I go to the CEO Stuart Farmer's other company's website, Logic Labs, I am greeted with this statement:
Does utilizing deep learning to analyze and predict financial market data sound interesting to you?
When I then scroll down I see a mistake in the copy, I know, weird thing to notice since I also make mistakes when writing but then again I am not trying to raise just under $50 million dollars for my Lamden ICO.
Then we get down to the two products they are most proud of, I'm guessing, Jungle App which says:
Four moms come together to launch a relevant startup business
The other one was Clark Oil and Chemical:
Redesigning and deploying a marketing site in the industrial sector
Now both of these have zero to do with the first statement on the Logic Labs website, the one about deep learning to analyse and predict financial market data. So I think to myself how does a CEO of a company who has these two projects as his top pieces in his portfolio go on to build a $50 million dollar company, Lamden - The Blockchain Development Tools Ecosystem.
What exactly does that mean? Yes I did read the site and yes I am still confused.
So for those reasons I would not be putting any of my hard earned cryptocurrency into Lamden.io. Keep in mind I am not saying they won't be successful I am simply saying that I don't have time to look further into it with everything else going on in Crypto. Maybe if they start to blow up I will notice them on the exchanges or Twitter and get in then.
First Impressions Count!
Helpful, Thanks
Hey this is Stuart from Lamden here (I'll post a PasteBin with my Keybase to verify)
Few things wrong with this account.
You assume that I only did two projects as part of my tenure at the agency I built from scratch. Ignoring the fact that there is literally a portfolio document with more examples on the site (http://logiclabsltd.com/portfolio.pdf), in the agency world, you sign a lot of work under NDA so that the client can act like they produced the work themselves. This is commonplace, and as such, a lot of the work I did I can't publically showcase.
You seem to make another assumption that because I worked with startups and small businesses, which taught me to launch products, that that must have mean I have no programming experience whatsoever in the blockchain space. In fact, a lot of programmers work on other projects in their spare time.
Let's talk credentials. I run the largest machine learning group dedicated to financial applications on FB: https://www.facebook.com/groups/321928341517208/
I go through blockchain concepts step by step in code in real time here: https://www.youtube.com/channel/UCpk6krHUlmcf0FWnFFHFpZQ/videos. If you doubt our abilities, check this out.
Also, included in that video are demonstrations of the software working now. Our Github is here: https://github.com/lamden
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Proof of identity: https://pastebin.com/0SsRDUgG
Public keybase: https://keybase.io/stustu
Thanks for the reply, I will go through the information you have added.
As I mentioned in my post, I am not saying that Lamden is destined to fail or you are not capable. What I am saying is there are so many ICOs taking place that we generally do not have the time to dig too deep into it and we look at the surface information provided.
The points I have above I still think are valid for someone who was thinking of investing and started doing a little digging.
Can you explain how you go about finding coins such as Lamden Tau 2 months before it is ever added to coinmarketcap?
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