TCASH & ETHERFLYER: a few red flags to get over

I recently saw a post by @OriginalWorks (sponsored writing contest), and decided to take a dive in!

Their post can be seen here.

Please excuse any typos in my write-up: the heat in my apartment isn't working well, and my fingers are moving a bit slow!

The task at hand (brief):

Review Etherflyer, an exchange, and comment on the TCASH token.

200-600 word limit.

No bullshit summary:

TCASH and EtherFlyer sound fine in theory, but there are enough red flags on the TCASH website to make me not want to get in on the exchange until it's live for a while. Their current social media presence hurts them. It needs to be polished to attract serious investors, and to pull future users from other platforms that they are loyal to.

Warning Signs on the TCASH webpage:

• None of the team members have more than 4 LinkedIn contacts at the time of this writing. Makes me think they aren't real people.
• 2 of the team members have dead LinkedIn links. This is a major oversight.
• No GitHub links for the programmers on the team.
• A simple Google search for Tangle Capital, as well as an image search of their logo, yielded no results. Even if the results were in another language, I would assume that the image search would have yielded something.

Warning signs off the TCASH webpage:

• Their Twitter has only existed since October. The project started in August (idea birthed in April). August to October is a 2 month delay in setting up a Twitter from the project start. April to October is ~6 months.
• Their Facebook page only has 1 follower as of this writing, and many of its sections are blank (it seems to have just been started a few days ago).
• Their EtherFlyer subreddit is moderated by 1 account that is 7 years old and, as of this writing, has 30 post karma and 16 comment karma. Perhaps it is unofficial?

The following should be noted, however:

• I was able to find Tomi Xue (CEO) and Yasushi Kameyama (investor) on Facebook, and they are friends. Their names match the names on the TCASH website. If someone were trying to steal their identity, you'd think they would use fake names. For this reason, they may be legitimate, but just not the best at managing their social media presence.
• Although the programmers don't have their direct GitHubs listed on the webpage, the project's GitHub is listed on their website.

What could change my mind:

I would look further into this project and consider investing or joining if:

• The team increased their web presence to validate that they existed and could deliver their product (polished Twitter/Facebook/etc)
• Professional photos for the team and investors (if they want to continue including their investors on the site)
• GitHub links for anyone on their team that is responsible for coding. Let's see what they've made.
• Real LinkedIn profiles, or the equivalent if they are on another platform
• More direct links to what they reference

A brief Etherflyer review:

• It's a demo product, so I'm sure the actual performance may vary.
• The layout is nice and straightforward! I appreciate the color scheme.
• The concept is alluring. If it's legitimate and works, it could disrupt other trading platforms.
• Holders of the TCASH token get a percentage of the revenue generated from the exchange platform revenue fund.

Current Verdict: wait and see from the sidelines.

tcash2017