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RE: My New Role as CEO of eXeBlock and What It Means for Peerplays
Not saying it is, but would this be considered a conflict of interest?
Not saying it is, but would this be considered a conflict of interest?
It would be if there were two other factors in this type of scenario:
PBSA was a for-profit entity which was seeking to profit from its activities. In forming another for-profit entity I would be in conflict as to which entity should be profiting from whatever business I might bring.
Not the case because: PBSAs roll as a non-profit however is in providing provable fair gaming standards in the Peerplays blockchain meant to enable other entities to utilize it for their own incentivized interests, be they for-profit corporations, individuals, governments, or other organizations. PBSA opportunities come from finding opportunities for Peerplays to grow and find others that wish to work with it where eXeBlocks interests are in making profit from the work it does on Peerplays. It's in the PBSAs interest to see eXeBlock succeed in that mission so as to provide a template for others to utilize the Peerplays blockchain.
I was running off and creating another gaming blockchain.
Not the case because: This post already states that my dedication is to Peerplays development. My role now however enables me to bring far far more resources and possibilities to the table than I am capable of doing in the PBSA. Even if I created a private company to do this it would not work due to various legal risks putting myself in that position. Being a public entity is what made this a very unique and special opportunity. We are going to be able to provide work with and help other companies to utilize the Peerplays blockchain far beyond anything the PBSA could do as a non-profit.
Both teams are going to work on making the Peerplays blockchain the global standard in provable fair gaming by taking different approaches. Myself acting both as CEO and President with both entities just enables me to double up the efforts with two great teams of people bringing transparency, fairness, and decentralization to the world of gaming in different ways.