eXeBlock Technology Corp C.XBLK.X

RE:RE:RE:RE:No wonder they are holed up in a nuclear bunker

[Mechanizm]

I am a tech industry leader in the innovation division of a Fortune organization and do know what I'm talking about.  As others mention, many other stocks have taken a beating YTD but XBLK is an outlier in my portfolio due to it's exceptionally poor performance combined with the lack of transparency and communication from the senior team.

With respect to Bookie, 50/50 (and all such Blockchain Dapps regardless) the primary barrier to mainstream adoption and subsequently large profit is the relative difficulty for "Joe average" to convert Fiat to Crypto, set up a wallet etc. Projects like Freedom Ledger hold some promise but those enabling technologies need to be prioritized on their roadmap rather than seen as an add-on.  Not every (read: most) sports betters are non-technical users and this needs to be as simple as 1-2-3...look at Coinbase for a great example.

Unfortunately the undoubtedly talented group of developers working on the project tend to focus on applications (it's what Devs do), but it's crucial to build the underlying infrastructure first.  Yes there is a Blockchain but what good is building the best highway if there is no easy way to get on and off it?

The very real risk is that in such a dynamic environment XBLK, Peerplays et.al may lose that first-mover advantage to a competitor who is able to successfully break down the adoption barriers.  I understand very well that in 5-years time I'll be laughing that I even had this discussion since it will be easy, there will be seamless mobile integration etc...but in this race there will be winners and losers.  The leadership team (Jonathan included) have yet to show me the visionary kind of direction that I KNOW is necessary to win.

/end rant