Charles Poliacof: Hello Fusion channel

Charles Poliacof: I wanted to make sure we are clear about a couple of new hires and their roles here at Fusion.

Charles Poliacof: We made an announcement about Andre Cronje and I want to make sure this is zero ambiguity about his involvement and role.

Charles Poliacof: I am breaking this down into two sections… what Andre is doing and what Andre is not doing. Happy to take any questions afterward

Charles Poliacof:

1) Leading all solutions designs and implementations. This includes incorporating other technologies and solutions as needed. This part of his remit is very focused on coordinating with partners and making sure we deliver an optimal solution.

2) Assisting with hiring a new CTO including being a key member of the vetting and hiring committee

3) Blockchain strategy and innovation: This includes helping us think through and refine our business model, consider what is and is not possible given current available technologies

4) Member of the executive team: Andre is a key member of the executive team which means he has a voice in the direction we will be taking as a firm.

Her is what Andre is NOT doing for Fusion.

1) CTO. We are still actively searching for a CTO. Fusion was built with a small core team of developers and a tech lead. The CTO is being brought on to help grow our tech team, stack and infrastructure related initiatives. There is no timing yet on a CTO. I refuse to hire someone who is not right for the role just because folks are getting impatient. There is an old adage that I subscribe to “hire slow, fire fast”. The cost of making the wrong decision is significantly higher than the cost of making no decision at all.

2) Architecting or developing the current Fusion code base. Andre has plans to work with the development team in the future on this and we are working on bringing on an additional hire to assist him with this very initiative.

3) Making stack related decisions. His input and direction may help influence this in the future but it will take time to get us to that state.

JACK_M: Charles, whats your comment on this? (Reffering to: “Andre Cronje, [10.08.2018, 12:20:10]: Neither do I, I’m strongly considering backing away now”)

Charles Poliacof: Andre and I collaborate daily. His involvement is exactly as I described it.

J_ Der: if Andre is involved in this project then for me their reviews in cryptobriefing will never be partial anymore, it’s obvious

Charles Poliacof: Andre is involved in several projects. He often suggests looping in oter initiatives as well. He is also highly critical of this project when warranted.

Charles Poliacof: Does anyone have any questions about the announcement or Andre?

The benevolent dictator: who leaked the blurry image?

The benevolent dictator: head of communications?

Charles Poliacof: We just hired a CMO. I think an announcement is coming soon.

SRcrypto Crypto: Did the miscommunication this morning affect the relationship between mr Cronje and Fusion?

Charles Poliacof: I spoke to Andre about it and I sent him over the text before I shared with with the channel.

Charles Poliacof: His concern was that the perception was that he was the CTO and since that was not the case, we all felt it was important that a more detailed clarification was needed. Hence my message.

Simona: Hi Charles. Thanks for popping by during a critical time. DJ himself is quoted saying new cto announcement soon. Someone famous. His words, not ours. But looks like the CTO isnt found yet nor is he famous. (Few days later we found cto job ad on linked in that showed deceitful tactic)

Simona: Communication and deceitful marketing “shill” tactics need to be solved. This is not ok.

Charles Poliacof: We hve several famous (and many not so famous) CTO candidates in our queue. No one yet we feel comfortable talking about.

The benevolent dictator: lol thats not what I asked. I asked who leaked the blurry image with Andre on board. Must’ve been someone from your team because who else would know about it beforehand?

Charles Poliacof: I do not understand what you are asking me.

Charles Poliacof: That’s from a presentation that was given to a partnership. Suprised that is out there honestly.

Charles Poliacof: And its exactly consistent with the announcement I just made. Andre is part of the executive team and he is the solutions architecht.

Simona: Dj releases dubai slides himself to hype community. It was to give us something positive to talk about. It was needed at the time. Not sure if andres picture there was intentional mistake or not

Charles Poliacof: That presentation was given to a potential partner AND Andre has been a part of these calls as it is part of this remit.

Nin: Unless fusion brings in CTO from Facebook or Alibaba or recognised name with extensive experience, it is going to be hard for fusion to recover community members’ trust

We are focused on the best possible outcomes as it pertains to execution. Nothing else.



Simona: So you do agree that Djs own words were untrue since CTO isnt hired but his comment said he was already on board just cant be announced. So it was a lie. (Maybe unintentional but thats why theres anger here). Looks like there wasnt much communication internally in regards to slides being released either. I hope CMO will help in the future with public material so such mistakes dont happen. I trust you and dj as people and your experience but this was very very badly handles since that day Dj popped in to give us positivity but ended up being false hope lol

Charles Poliacof: Sinoma… I understand why you might feel this way but I want to make it clear that DJ was not trying to be decieving or spread some false hope. In reality there is no benefit in short term embelishments or false information. Whether I was at Goldman or the Golden Arches eating a big mac yesterday is irrelevant. What is relevant are the facts. With our new CMO on board, you will see a more proactive communication strategy going forward.

JACK_M: DJ said you walked out from Goldman few days ago

Charles Poliacof: When we have an announcement to make, we will make it. I can assure you that if there are any partnerships with any firms, they will entail more than just a discussion or one meeting.

Charles Poliacof: If anyone else has questions, feel free to reach out either on this channel or DM me.

MH: DJ said he is a bottleneck. Do u agree? Share your thought on that point please. Thanks in advance.

Charles Poliacof: I do. DJ is doing too much as is the case with many firms that are growing quickly. Me, our new CMO, Andre and others are being brought on to help distribute the workload and make sure that DJ is focused on where his efforts can produce the highest ROI. Right now its on tech, hiring and making sure we can support a few key partnerships we are in deep discussion with. We are still a few key hires away from having the optimal management structure yet along the overall structure. These things take time. Its a process and not an end state. Execution is all that matters.

Simona: Is there any details at all in regards to dubai pitch. In what capacity is fusion pitching for that silk road project. Its not to do with mainnet? Is it something else?

Charles Poliacof: I prefer not talking about things until there is something very specific to talk about. To discuss a fluid situation can sometimes lead to false promises and hopes (or even disappointments). Things never turn out as expected. Sometimes they are much better, sometimes they are worse.

DJ Qian: Answering on the comment: “Better hide himself” DJ’s answer: No，I won’t. I am here，not hiding from anything

DJ Qian: Thanks Charles for being here.

DJ Qian: It’s good to make everything clear.

John: Noam is acting immorally

Charles Poliacof: That is untrue. Noam is actually bending over backwards to addess many of the concerns of the community.

J: a SERIOUS question, do you think that we are loosing credibility toward big corporate with the delay (that i can understand) of the main net and the others issues ?

Charles Poliacof: Not even a little bit. Delays are expected in this day and age as most roadmaps tend to be ambitious. What is criticial is that we continue to explore what is possible with partners, solicit their feedback to help us better understand what we should and should not priotitize. We may even introduce new functionality based on some of the discussion we are having (including one interesting use case that may include some new smart contracts functionality in the future). We are not IBM circa 1992 and this is not waterfall. We will have lots of false starts and will likely face additional unforseen obstacles. Over time, this will all smooth itself out.

Bouds: DJ can you realise the flaws in the coms and execution to date?

First, before release of information it should be discussed internally and not sporadically over TG. Reddit AMAs would be better.

Second, review the roadmap and provide better milestones that manage expectations with a reasonable level of contingency.

Third, make sure before things are issued like the website they don’t have typos. It’s really uninspiring and shows a low level of capability.

Just please, I implore you, to take these things seriously — as this whole space is built on speculation which you must manage that too.

Many thanks.

DJ Qian: True

MH: As the person leading adoption, would you say institutions perception about fusion is better than community perception right now? How is that in your opinion? Thanks!

Charles Poliacof: I would say that perception in the community is mixed (seems like a bit of a barbell right now). we have not seen that kind of reaction outside of the channel. all of our interactions have been positive.

Tim Cook: @djqian you can find out more in detail where were spent 1 million fsn. thank you .

DJ Qian: I think an auditting firms report would be more persuasive than my words

Bouds: @RedLion297 is a good friend of mine and is willing to help review the code and yellow paper under NDA, for free.

DJ Qian: Cool！PM me，please

Henry B: Are there plans for any auditing on how team si spending FSN in concurrence with their white paper terms?

DJ Qian: Yes

Charles Poliacof: Ok all. I need to go back to work! Please let me know if you have any questions. I usually check TG in the am on my way to the city or before I go to bed. You can also DM me, I will respond.

Exit scam Teeka: I heard this project is a money grab and they’re preparing their exit. Is this true?

Charles Poliacof: I also heard that DJ is 7'2" tall and plans on joining the Knicks as their new starting center

Dima: @djqian Is Fusion team considering new cases? We in the Russian chat are working on several projects for Fusion and want to introduce them to you soon, can we count on your feedback whether it is claimed?

Charles Poliacof: I am always happy to chat about potential projects and partnerships. Please DM me when suitable.

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