There are four basic parts to any protocol one must understand before investing in its success, and those include the concept, the team, the competition, and the publicity. In my last article I looked into the co-founders of FreeMarketToken and found them to be experienced in international business, leadership, software development, and finance.
In this article I’ll take a brief look into the rest of the team, which includes advisors, the legal team, and the development team. There are 13 different employees listed on the website, and even more maintaining the company’s infrastructure and community behind the scenes. After going through the rest of the team, I’ll include my personal opinion about what it all means and how it will help or hurt FMT moving forward.
Advisors and Legal Team
After a quick glance at the team’s profile blurbs on the FMT Website I’m noticing a majority of the team has either been involved in founding their own companies and legal firms, or advised Fortune 500 companies, or established international connections through previous endeavors. First on the list we have David Dabscheck, CEO of GIANT Innovation, which is a group of advisors for large enterprises that specialize in implementing systems that adapt by remaining innovative in a market that demands corporate agility. Having implemented strategies within Fortune 500 companies, David brings the best of both worlds to the FMT platform.
The next member of the advisement team that stood out to me was Joseph Chua, who serves as a Strategic Advisor, specifically in the South East Asia region. He graduated top of his class with an MBA after writing a thesis focusing on “streamlining distribution chains and organizations to maximize effectiveness and cost efficiency.” He’s been awarded for his efforts in the Philippines (where he has extensive experience) after proving his exceptional ability in sales and marketing integration in Asian markets. This work allowed Joseph to build strong business connections in the Philippines, Japan, and Indonesia along with a wealth of business knowledge and insight for the FMT project to benefit from.
The advisors and legal team detailed above are just the ones that stood out to me, and going through the rest proves they are in good company. Each member looks to have decades of experience in their field, and you can see the specifics of each member by clicking the ‘Team’ tab on the FMT Website.
Development Team
The FMT development team consists of seven members, all of which are experienced in multiple programming languages. A majority of the team is working in the Philippines, and the one member that’s living in Australia has been hired on at Fligno. The reason I bring up the geographical location of the development team is to highlight an observation I made in my previous article on the FMT team. After going through each development team member’s LinkedIn profile, it appears that FMT co-founder Rafael Bergola was able to hire the entire FMT team from his already established software company, Fligno.
Just looking at Felix Chua’s profile, we can see that he has over 9 years experience as a database architect, as well as experience “in corporations such as Deutsche Bank, UOB Bank of Singapore and Prudential Life of America for the past 14 years.” The combination working with Oracle Databases and within banks means Felix is bringing significant expertise to the table.
While I won’t be breaking down each individual in this article, I encourage you to take a look at their profiles yourself. I was able to deduce quickly that each member brought a high-level of education on-board, and had proven their technical ‘chops’ to co-founder Rafael.
In my opinion, Rafael had the opportunity to hire some of the most talented among Fligno’s 60 employees. These connections will be able to take on the massive amount of work that is creating Ecryptostore,. The development team seems to be in good hands coming out of Fligno’s success, and the advisement and legal team have a wealth of combined experience working with large corporations while emphasizing agile and innovative solutions. Being able to execute on a massive scale while being in tune with digital marketing systems will be essential to FMT’s success in the brave new market.
This concludes Part 2 of the FMT team assessment. In articles to come, I’ll dive into the whitepaper even further. If anything you’ve read so far seems unclear, or you think I could’ve done a better job of explaining, feel free to leave a comment below. I’ll do my best to respond and provide more clarity.
Disclaimer: I earn FMT tokens to discuss with and educate others about FMT and Ecryptostore, and you can too! Anyone can join from now until August 15th. Let’s get the conversation started about buying and selling goods with crypto! Click here to join. Any quotations above cite the FMT website directly. This is not financial advice, and you should do your own research before participating in any sort of investment.
Links:
Bounty Thread
FMT Website
FMT Whitepaper
Ecryptostore
Author Account