Substratum is a undertaking aiming to energy the decentralized internet by permitting free and equal web entry to customers across the globe. The undertaking guarantees to permit anybody to host a node and obtain Substrate in return for contributing to the community. Presently the product is in closed-beta permitting solely a choose few contributors, supposedly beneath an NDA, to check out the community.
Substratum’s value rose from $zero.30 to over $2.50 within the final month alone, heading straight to the moon. Nevertheless, on account of some rumors which have surfaced from 4chan about SUB’s CEO and their group, the regular climb has been interrupted. On this article we are going to focus on the FACTS about Justin Tabb, Substratum’s CEO and put the rumors to relaxation.
Substratum CEO’s background
The primary rumor that surfaced concerning the Substratum undertaking is that Justin Tabb, Substratum’s CEO, has a felony report. Based on Polk county Sherrif’s public information, Justin Christopher Tabb was arrested in 2001 on a number of expenses starting from Housebreaking W/Assault and Battery to Probation Violation.
Upon reaching out to Justin for remark, the total image isn’t what you would possibly count on. The rationale for the Housebreaking and Assault cost was as a result of Mr. Tabb damaged down the door and beat down a person who sexually assaulted his sister.
“I used to be arrested for beating up the person who sexually assaulted my sister after kicking his door in. 17 years in the past.”
Whereas the CEO being an ex Felon is not at all a optimistic affect on the undertaking, it’s one thing that may be appeared previous. In any case, the costs have been filed 17 years in the past and his actions are justified from an ethical perspective.
There even have been rumors about Substratum’s CEO submitting for chapter. The details of the matter are that it was Abram Cookson, Substratum CIO (Chief Data Officer) who filed for chapter. Mr. Cookson has nothing to do with the monetary a part of the corporate, which implies that these information ought to be irrelevant.
Lots of you’ll have heard about Substratum from Datadash’s youtube channel. Datadash is the most important crypto youtube channel with over 200okay subscribers. The channel promotes all forms of ICOs and tokens and provides perception into creating tasks.
In a collection of movies, Datadash promoted the Substratum ICO and suggested about its potential. Nevertheless, it lately got here to mild that Datadash has been compensated for his efforts by the Substratum group.
Based on Mr. Tabb:
“DataDash was paid a one time price for his first video on Substratum and by no means once more.”
Datadash additionally posted a youtube video explaining precisely what occurred. I do imagine the video was a good move by Datadash to return clear to his viewers. In his video, Datadash claims that he misplaced entry to the 100okay SUB which are sitting in his Ethereum pockets.
In latest developments, Mr. Tabb mentioned that they have been in a position to get well the 100okay SUB and that the plan is for DataDash aka Nicholas Merten to donate the SUB to a charity.
General Substratum has a tremendous imaginative and prescient with a promising undertaking, nonetheless till a working product is offered nothing is definite.