We Are Not the Founders of iEthereum
iEthereum is an open source project
This iEthereum conversation needs to be had.
I, as in me. We, as in the vision. The self organizing collective of the iEthereum Advocacy Trust are not the founders or original developers of the iEthereum project.
I have mentioned this a few times in previous articles, but I feel it necessary to put out into the ether, ((pun intended)), as a separate headline.
If you read to the end of this article, I hope to clearly summarize my intentions behind initiating the first grassroots, independent, online, open source iEthereum community. That being www.iethereum.org.
The purpose of www.iethereum.org was to initiate a conversation around this mysterious crypto token that has two of the hottest technology brands logos contained because there is not even a whisper amongst the greater crypto space. The determination of our purpose is to create a growing community revolving around the topic of iEthereum.
I do believe I am a good candidate to start this conversation.
My history with iEthereum started at the end of 2017.
There is a story of me, 2011, and BTC… but the wallet was lost. Really, I have been researching and buying into crypto since the end of 2015. Everyday I was determined to learn. I would come home from work and sit in front of the computer to learn and research cryptocurrencies. Specifically, the use and differentiation amongst the thousands of different blockchains.
It was obvious back then that the governments and/or central banks were not going to just stop printing endless money. Increased money supply was going to get worse. This would lead to inflation which is now upon us and the scenario of hyperinflation will soon present itself.
Fast forward to October 2017. I came home from a long day of work and opened my laptop to find that I had left the internet browser open from the night before.
The “recently added” page on CoinMarketCap was the page I had left open. I refreshed the page and low and behold iEthereum was on that list. Of course, the Ethereum logo contained within the Apple logo had caught my eye. This was also at the time towards the end of 2017 leading up to the BTC new all time high bull run. Everybody was FOMOing (Fear of Missing Out) at this time. A great time to sneak this token launch under the radar.
I looked at the iEthereum listing for $0.0025 with a total supply of 18 million and I immediately FOMO’ed. Remind you, this was also at the height of crypto scams such as BitConnect, Bit Petite, Bit Ocean, and many other “High Yield Investment Platforms” revolving around cryptos. I wasn’t naive to the fact that iEthereum could be yet another rug pull or fraud.
Yet immediately, I set up an account on Yobit and transferred $100 worth of crypto to the exchange. I made the decision right away. The purchase was either dumb or smart. That is the FOMO way. Lets be honest; usually works out to be more dumb than smart.
At that time of purchase, I knew iEthereum was either fraudulent or legit. For $100 it was worth the gamble.
The following day driving around; I thought about the iEthereum potential or fraud. After work I purchased another $100 worth of iEthereum. I believe the price had moved to $0.005 per. Doubled my initial money, now I was really FOMOing.
From that point forward; I have kept a close eye on iEthereum.
Not a peep from anybody else in the crypto space. Even if it was a fraud, why would nobody make a Youtube video warning or to have a discussion with a project that has a trillion dollar logo? Makes you wonder.
I have numerous amounts of hours researching the iEthereum token. This is what I wanted to share with the internet.
To this day, I do not know the true intentions of the founders or developers of iEthereum. It would be a shame if the founders used intellectual property; ie Apple logo without the consent of Apple while launching a great MIT licensed, open source technology. Ethereum is an open source project, therefore the use of their logo has permissive use rights and isn’t alarming or a concern.
Regardless, with that said, I do believe iEthereum to be a legitimate open source project that needs no centralized authority to operate. The code is immutable. Why do you need to pay a salary for developers? There is nothing to further develop on the code itself. The code is written, the technology is built and deployed.
However, the use, growth and development of the iEthereum ecosystem is still necessary. If it is an underappreciated Ethereum or secret Apple project, I am walking a fine line. They both know how to successfully launch a product better than I. I do not want to step on any toes. I am trying to be respectful. We have patiently awaited years.
However, I do believe that to avoid scrutiny in launching a “centralized” blockchain, the cards are being played right for a grassroots movement in adoption. This will include a variety of diverse collectives and individuals like ourselves building out the open source technology known as iEthereum.
This is why I am launching this information campaign slowly while absorbing the censorship assault on the intelligence being brought forward. We see this across many internal data analytics. We recognize there will be a time and place this token is revealed; whether fruitful or fraudulent.
Our resolve is to see this through while posting weekly educational articles regarding iEthereum. We are looking to position ourselves for the future.
Our objectives behind www.iethereum.org are:
Add value. The IRS defines cryptocurrency as "real property.” With any other property or assets that one owns, the owners look for ways to add value to that property. No different from your real estate portfolio or your cash flowing business. Digital assets are a new 21st century asset class, and the same principles should apply. We are the first to speak on the iEthereum topic on the internet. What other “thing” or “topic” can you type into Google and not get anybody else discussing. This not only makes for a great online business opportunity but also adds value to the underlying digital iEthereum asset itself. "A rising tide lifts all boats" is the aphorism we will use here associated with the idea that an improved iEthereum ecosystem will benefit all participants.
Keep iEthereum honest and open. Thus the concept name iEthereum Advocacy Trust. We see some funny business going on in the greater iEthereum ecosystem. We would like to be an “army by day instead of guerillas by night.” We do not like secrecy. We promote transparency and open source. We want to establish a voice for the greater good in the development of the iEthereum community.
Formalize a vision. This can be read in our initial article titled, “Who is the iEthereum Advocacy Trust.” This plan is 3-5 years and in the meantime, I intend to generate income from donations and sponsorships from within a growing community. This in turn will allow for dedicated time, energy and full time work associated with this research and development. At this point in my life, I was looking for a new challenge and building a newsletter seemed like a good skillset to gain in this modern online economy.
Sell the organization. I am not a crypto maxi. I am skeptical of the planned digital future as I do not know the power structures intent. I see the good and I see the bad. With that said, we currently need financial accountability in our monetary system and global commerce/trade. We need a fix to P2P/B2B transfers and a means to build without intermediaries. I see crypto as a man made solution to a man made problem.
I personally like being outside with nature verses connected to the digital world. That is opposite to the world we are becoming. However, I enjoy building. I intend to build the value of iEthereum.org. At some point along this growth curve, the vision will become greater than what I can provide. I plan to be invested in iEthereum for the foreseeable future. I plan to create other useful iEthereum businesses and I plan to have a continued voice in the general iEthereum ecosystem. The exit strategy at this moment is to sell the organization as a package deal in 3-5 years. This will include the domain(s), newsletter and any of the organization’s iEthereum assets. If it doesn’t sell; we have plans. There are complimentary intersections with other iEthereum projects that will formalize over time.
In summary, I am not the founder of the iEthereum project. Nor am I affiliated officially in any capacity.
According to Coin CheckUp, “iEthereum is an open source smart contract by and for the user community. Open source projects provide tremendous opportunities for developers to share and learn through collaboration. Contributions are not limited to code, as the iEthereum project needs a diverse range of skills. Driving innovation requires optimizing how a company creates, deploys, and uses software assets.”
iEther way, We see value!