If you look at the previous threads you posted, you’ll see I was a strong defender of giving your project a chance. I think grassroots outreach and support in areas like yours is a very good thing, and I’m glad to see you transparently report on your progress with the project.
That being said, I have to agree with the others here that investing in crypto coins like the one you mentioned is generally a bad idea. I have not heard of either of the people you claim are backing the project. The statement that “most people believe Jelly will soon be the new tiktok in the west” is not at all true. I live in the west and I guarantee you that almost nobody has ever heard of this project, and there has not been significant buzz around crypto projects in the west for a good couple of years now.
If you are skeptical, I recommend you go onto reddit and ask people in non-crypto spaces if they have heard of Jelly or are excited about the idea.
People can make money off crypto: but for the average user it’s more or less a casino, where the odds are not in your favour.
I apologise if this comes off as overly critical, but I have heard of a lot of people who have fallen victims to scammers and scoundrels in the crypto space, and I don’t want you to be one of them.
Titotal, thanks so much for this. I surely know you are one of the people who had my back in previous posts. Although I won’t dispute anyone’s views on crypto, I just wanted to point out that the crypto project in paricular that I mentioned (JellyJelly), and its founders, are indeed known in the west, even by mainstream media outlets.
Somewhere you said, “I have not heard of either of the people you claim are backing the project.”.
Sam Lessin is described in this Vox article, this Vice article, and in CNET, as being a former Facebook VP who was also a classmate of Zuckerberg (and that his father is the one who introduced Mark Zuckerberg to some Venture Capitalists in the early days of Facebook).
Sam Lessin, and his wife Jessica Lessin, are also the founders of the tech media outlet “The Information”, which (according to Google) is also called Lessin Media.
On the other hand, Iqram Magdon-Ismail is known by all US media outlets as being the co-founder of VENMO. This is mentioned by CNBC, also in Inc, and Entrepreneur Mag
Today, both Sam Lessin and Iqram’s twitter pages are only tweeting about one thing: JellyJelly, and their intended new social media app JellyJelly.com (please check their twitter pages).
So, although crypto is indeed like a casino, at least I would think putting $10,000 in a token whose founders have such a background, at a time when this token is at the very lowest price it has ever been at, isn’t a big risk—especially if I can’t find someone to directly give me the full GBP 339,000 or the $814,000 that is needed for our intended grain facility.
Although I am new to crypto, I can guarantee that putting $10,000 in JellyJelly now, at the very least, will result in $20,000 (in only weeks from today), which would still at least help our sorghum project alone, if it can’t do so with the grain facility.
If you look at the previous threads you posted, you’ll see I was a strong defender of giving your project a chance. I think grassroots outreach and support in areas like yours is a very good thing, and I’m glad to see you transparently report on your progress with the project.
That being said, I have to agree with the others here that investing in crypto coins like the one you mentioned is generally a bad idea. I have not heard of either of the people you claim are backing the project. The statement that “most people believe Jelly will soon be the new tiktok in the west” is not at all true. I live in the west and I guarantee you that almost nobody has ever heard of this project, and there has not been significant buzz around crypto projects in the west for a good couple of years now.
If you are skeptical, I recommend you go onto reddit and ask people in non-crypto spaces if they have heard of Jelly or are excited about the idea.
People can make money off crypto: but for the average user it’s more or less a casino, where the odds are not in your favour.
I apologise if this comes off as overly critical, but I have heard of a lot of people who have fallen victims to scammers and scoundrels in the crypto space, and I don’t want you to be one of them.
Titotal, thanks so much for this. I surely know you are one of the people who had my back in previous posts. Although I won’t dispute anyone’s views on crypto, I just wanted to point out that the crypto project in paricular that I mentioned (JellyJelly), and its founders, are indeed known in the west, even by mainstream media outlets.
Somewhere you said, “I have not heard of either of the people you claim are backing the project.”.
Sam Lessin is described in this Vox article, this Vice article, and in CNET, as being a former Facebook VP who was also a classmate of Zuckerberg (and that his father is the one who introduced Mark Zuckerberg to some Venture Capitalists in the early days of Facebook).
Sam Lessin, and his wife Jessica Lessin, are also the founders of the tech media outlet “The Information”, which (according to Google) is also called Lessin Media.
On the other hand, Iqram Magdon-Ismail is known by all US media outlets as being the co-founder of VENMO. This is mentioned by CNBC, also in Inc, and Entrepreneur Mag
Today, both Sam Lessin and Iqram’s twitter pages are only tweeting about one thing: JellyJelly, and their intended new social media app JellyJelly.com (please check their twitter pages).
So, although crypto is indeed like a casino, at least I would think putting $10,000 in a token whose founders have such a background, at a time when this token is at the very lowest price it has ever been at, isn’t a big risk—especially if I can’t find someone to directly give me the full GBP 339,000 or the $814,000 that is needed for our intended grain facility.
Although I am new to crypto, I can guarantee that putting $10,000 in JellyJelly now, at the very least, will result in $20,000 (in only weeks from today), which would still at least help our sorghum project alone, if it can’t do so with the grain facility.