Hi Leroy, Good that you are reaching out. Important points which you are addressing.
11 Aug 2023, 11:03
Hi Leroy, Good that you are reaching out. Important points which you are addressing.
Firstly, LCX did host the token sale and all legal requirements had been fulfilled. Disclosures, Basic Information Documents etc.
We also do deep due diligence of any project we support. And as you wrote as well, all looked very promising, team, product, community. I had been a business angel and VC for many years before starting LCX. In all this time I have seen many succeeding, but also many companies failing - and there thousands of reasons why companies fail.
In case of DGMV token and DigiCorp Labs we have send and shared many recommendations over the past two years. Over and over again. Unfortunately our ideas and recommendations where not followed and they did take their own path, invested in B2B products which take a long time to show results and neglected the importance of the utility token.
More recently we also had very little communication and we are not informed about the current status of product development and roadmap.
The team is experienced, they have many large b2b partners and the backing of DigiByte community. E.g. we recommended to leverage DigiByte, launch bridges or other practical tools where DGMV is used.
They have the basics in place and I hope that they will pivot the company asap and focus on their community and the utility token use cases.
It is not good that you had been blocked at the DGMV community. DM me or our our team if we can help in any way or forward your messages to the DigiCorp Management.
Onwards and upwards
Monty