RE: INTRODUCING DCORE - A Decentralized Asset Research Platform!
This was kind of critical of the questionnaire which seems biased towards the market analysis side. I would recommend questions such as:
Do you have a background in information assurance?
Do you have an under standing or legal or regulatory frameworks that pertain to user data?
This could be GDPR, HIPAA or whichever reg framework of the industry the block chain is intending to solve.
Also, are they savvy to marketing?
There are many a projects with sound tech but less than stellar marketing. People able to analyze this would allow the investor to be able to make a more educated decision.
All in all, 4 areas of focus.
Information security / Technological Analysis
Legal / Regulatory Expert
Marketing / Social Media person
Market Analysis - Trader Investor
Sorry for the lack of precision in the terminology but I hope this information brings something to the table to help.
No potential analysis? So make the technically best solution, have a sound legal setup and a great marketing team... get funded.
I think 1. should first and foremost be potential to adoption. Follow by 2. potential to cause scarcity due to use & complexity. In other words how many real estate tokens/BC do we need?
If you get “new 1. and 2.” right then “old 4.” is an inevitable positive.
And, of course, before anything you still need to assess the team because if they lack the required rollercoaster passion, as well as vision, then both “old 1-4” as “new 1-anything” are all irrelevant.
Good insight. I would say vision is probably the most crucial.
A team can have all the skills in the world but if they have no idea where they are going with those skills probably not gonna get far.
Thanks!
I will go with first the required rollercoaster passion. You're sacrificing your life for 6-8 years of building. And at least five years of rollercoaster ride.
Vision matters, and how that ties in to potential token value too. But a lot will change along the road as well. Remember that Instagram was initially a full-blown social network but the users used only the photo filters (no wonder in that era our mobile cameras were crap). AirBnB was about airbeds, yes. Uber was a luxury limo rental.
Most startups will pivot two to three times. A white paper and BC, while more strict upon first thought, also offer much lenience to chance model. The core vision needs to have "spunk" but will eventually be only a minor part of the mainstreamed product.
Thank you @anthonydavisii. Once accepted into the Dcore, you will find that there are many key categories that are reviewed within the system to make sure that a balanced analysis is carried out. Not just market analysis. We already have on our team and also will be searching out specific specialists for some of the more intricate questions.
However, at this stage the majority of the leg work and testing will be done by the people who are able to do the things in the initial application (among other more specialist areas of course)
Hi @starkerz,
One I forget is a cryptographer / crypto analysis type person that understands the mathematics behind hashing / encryption algorithms.
So, I just went to this course and it was quite fascinating when they brought up the Sony PlayStation hack involving a
ECDSA signature and a collision that brought dowm a software versioning system using SHA1 (iirc had it written down in my notes). Moral: Not all algorithms are created equal.
Anyways, finding something with the knowledge of the mathematical operations involving in a block chain system would be another valuable addition.
Sounds like you got a good handle on it and look forward to what we can accomplish as a body of professionals spanning a broad range of knowledge / expertise.
That is certainly what we are building. And it’s s great idea to have someone with block chain knowledge to review the code and ensure that the projects that are backed by dcore actually do what they say they are supposed to do
Yeah, it wasn't really a questionnaire; just seems like a few screening questions.
My own interest is in the cryptonomics - does the maths work - although that only really applies to those projects that actually have some economic system to them.