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Storj: Not a Dropbox Killer

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Re: Storj: Not a Dropbox Killer

#11

Post by sp0rkyd0rky »

Taek wrote: post #9
aaron-lebo wrote: post #3

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

Gordon Hall quit the team shortly after the funding completed. Same with several other Storj engineers, and their COO. A few days before the sale the CEO was demoted and kicked off of the board. They still don't have a replacement.

thanks david, if i could rewrite git history for the sole purpose of not being associated with it anymore, i think i would. i think a few of us would.

Re: Storj: Not a Dropbox Killer

#12

Post by [deleted] »

blunte wrote: post #8

Unfortunately for the author of this amazing (and cringeworthy) exercise, skeptics often put in a lot of effort, but receive practically no reward compared to the con artist. Even the people who agree with and appreciate the effort of the skeptics are few compared to the number of irrational people who gladly follow the cons. This is a bit radical (and probably outside the interest of HN), but if we somehow could rem…

[deleted]

Re: Storj: Not a Dropbox Killer

#13

Post by to3m »

bookchin: https://www.reddit.com/r/storj/comments/6llxpn/so_long_frien...

I followed the storj reddit for a while, since I bought into the crowdsale with Bitcoin. (Since sold. There was some kind of pump the other week on bittrex.) After the crowdsale, they appeared to be really rather disorganised. They took the $30m, sent everybody receipts, and then... nothing. No newsletters, no mails, no nothing, aside from occasional promises on reddit from one of the founders that things would improve. But they never really did. Couldn't even be bothered to wipe their noses and put their pants back on for long enough to click 'send' on a form email ;) Top marks for actually having a product, though...

BTC and ETH have appreciated significantly since the crowdsale finished, so heaven knows how much that $30m is worth now, and/or what they're going to do with it...

Re: Storj: Not a Dropbox Killer

#14

Post by sp0rkyd0rky »

aaron-lebo wrote: post #3

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

hi, i'm gordon. and yeah, unfortunately i might be the only person who understands the entirety of the core library. yeah, that's scary. but i wouldn't bet any storj tokens on it because the payoff wouldn't be so great.

i'm not listed on the team anymore, because i - along with several others left the project during and after the token sale (empty handed, mind you) for various reasons.

i agree, storj didn't need $30mm (but did need more than $30k though, to be fair).

> You can only assume these people are more about $$$ than what they are building.

a reasonable assumption, but let's draw the line between those building and those profiting, because this assumption is not fair (or accurate) in describing the people who actually did the building.

Re: Storj: Not a Dropbox Killer

#15

Post by octalmage »

aaron-lebo wrote: post #3

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

Very scary. He left the project and development hasn't picked back up. Found this in the comments of the article:

https://www.reddit.com/r/storj/comments/6llxpn/so_long_frien...

Re: Storj: Not a Dropbox Killer

#16

Post by [deleted] »

blunte wrote: post #8

Unfortunately for the author of this amazing (and cringeworthy) exercise, skeptics often put in a lot of effort, but receive practically no reward compared to the con artist. Even the people who agree with and appreciate the effort of the skeptics are few compared to the number of irrational people who gladly follow the cons. This is a bit radical (and probably outside the interest of HN), but if we somehow could rem…

[deleted]

Re: Storj: Not a Dropbox Killer

#17

Post by aaron-lebo »

sp0rkyd0rky wrote: post #14
aaron-lebo wrote: post #3

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

hi, i'm gordon. and yeah, unfortunately i might be the only person who understands the entirety of the core library. yeah, that's scary. but i wouldn't bet any storj tokens on it because the payoff wouldn't be so great. i'm not listed on the team anymore, because i - along with several others left the project during and after the token sale (empty handed, mind you) for various reasons. i agree, storj didn't need $30m…

Thanks for the response Gordon. Sorry to paint you with that brush. You've got my respect, if it means anything, probably took a lot of talent and effort to build. Good luck and keep fighting the good fight.

Re: Storj: Not a Dropbox Killer

#18

Post by octalmage »

sp0rkyd0rky wrote: post #14
aaron-lebo wrote: post #3

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

hi, i'm gordon. and yeah, unfortunately i might be the only person who understands the entirety of the core library. yeah, that's scary. but i wouldn't bet any storj tokens on it because the payoff wouldn't be so great. i'm not listed on the team anymore, because i - along with several others left the project during and after the token sale (empty handed, mind you) for various reasons. i agree, storj didn't need $30m…

That sucks man. Have they begged you to come back yet?

Re: Storj: Not a Dropbox Killer

#19

Post by wakkaflokka »

to3m wrote: post #13

bookchin: https://www.reddit.com/r/storj/comments/6llxpn/so_long_frien... I followed the storj reddit for a while, since I bought into the crowdsale with Bitcoin. (Since sold. There was some kind of pump the other week on bittrex.) After the crowdsale, they appeared to be really rather disorganised. They took the $30m, sent everybody receipts, and then... nothing. No newsletters, no mails, no nothing, aside from occa…

I wonder if there's something illegal or fraudulent about raising all that money and then doing a half-assed job on the project?

I understand there's a thin line between a failed business venture and outright fraud/lying, but stories like this seem so slimy.

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