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Could you please tell us about the browser and app you are planning to create. Are the Mass coins part of it? or is it something similar to Adblock or Brave browser?
Sorry for later answer, I will tell some more details about what we are going to do. First of all, we will extend http protocol so Mass users will tell important information about privacy rules to website. We expect, that other browsers like Brave or Cliqz will support our protocol extension. Then we will give some ways for websites to pay user or get payment, arrange paid ad show or something else. Draft version of protocol extensions will be available in 1 week. What about our products. We are going to be like Ubuntu in Debian World.  Our first product arranged for late December — browser extension for blocking ads, user data settings and test micropayment system. Any reason that we need to buy this? I mean any feature or function make your project unique? Like people buy eth ico for smart contract, maidsafe ico for decentralized network. Mass is a narrowly focused system. Its function is to provide the efficient marketplace for advertising industry participants—crucial to note—including web users. Web users are not only consumers any longer, but they are also SUPPLIERS of a major component, the data. Collectively, user data is more than the addition of individual packets; it's a classic case of "1+1=3" because Big Data growth must be fed with interconnections, graph layer information. Thus, consumers en masse represent the important system actor. |
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***Whats the plan and is there any interest showed by any one of those 3 and if not how do you plan to go about it?***
We did not contact, neither we were approached. It most probably is not going to happen until some significant critical mass of users is achieved. But, let me emphasize it again, it's not our ideology to ransom a large player once we start to influence its income.
So no market studies or evaluation ? I am asking these question because I have worked in media companies here in NA.
Has advisory board already seen whitepaper yet? Is anyone of them based in NA or working knowledge of the internet advertising market?
Contacting Google or Apple does not add to market research. Yes, we made market research and we have people from both dev. team and adv. board who are currently engaged with RTB business. |
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Could you please tell us about the browser and app you are planning to create. Are the Mass coins part of it? or is it something similar to Adblock or Brave browser?
I understand the value of Adblock and its big battle with Facebook whose only revenue is via advertisements, so too is Whatsapp, so any block to the advertisements is a huge blow to their revenue.
I only want to invest in a product, not just another ICO. I know a lot of folks here just want to make a quick buck as soon as its traded on the exchanges sadly.
The browser is very similar to brave.com with the two major differences: (1) while brave.com fences off regular advertisers (the entire RTB framework), Mass, on the contrary, want the to join and tune their behavior. Ad&track blocking changes the paradigm of online advertising anyway. Some reshaping of the industry is inevitable. So we propose to adjust in time. The straight-forwards capitalist approach is the only viable one. Web users are sick and tired of them being used for free. So everybody has to take that into consideration. You may not know this, but adblocking reach 50% share within the important user group — younger users under 29 in US and EU. So if you are planning to use your product with the advertisers, and the users have an option to opt-in in return for some form of payment? What payment would that be? Give me a good reason why I should use Mass Network's product over the rest? The good reason: there are only two browsers that pay for ordinary browsing: Mass and Brave, the latter being limited to its own ad network. How large can that network grow? We don't know. But we bet on changing the system from within not from outside. What kind of money. Well, the total global annual ad revenue is like $10^12 order. Say, 90% of it is the real estate itself (actual time/places for ads), and only 10% is the surrounding infrastructure such as data management. Now. The owner of $10^11 starts to demand its share and acquires half of that. We have $5 x 10^10. Advertisers are interested in the "gold billion" (10^9 people). So, we have $5 x 10^2 for each user during the year. As for the link, my question based on the chart, should majority of the Mass coins should be purchased by the advertising market to pay for the users? Advertising agencies or organizations don't have a fluctuating budget, as the coins do. Second part about the browsers, its very critical to get not just plain websites to partner with you, but companies like Google, Facebook and Apple, who have their system for advertisers to leverage their system. Whats the plan and is there any interest showed by any one of those 3 and if not how do you plan to go about it? ***should majority of Mass coins should be purchased by the advertising market to pay for the users?*** Coins will not be purchased and kept; they will circulate. It's hard to tell what type of owner what share to own eventually. Most probably it'll be more or less evenly distributed among the main groups of interests: (1) web users; (2) advertisers; (3)Mass market makers; (4) traders and investors. ***Advertising agencies or organizations don't have a fluctuating budget, as the coins do.*** They don't have to be loaded with coins all the time. Final prices for placements in USD or another local fiat will be regulated by ordinary demand/supply powers, thus, should be stable in fiat terms, since they compete in the fiat landscape. ***Second part about the browsers, its very critical to get not just plain websites to partner with you, but companies like Google, Facebook and Apple, who have their system for advertisers to leverage their system.*** It's not really correct to say that they have their own systems. They are quite deeply incorporated and dependent as everybody else, especially Google. Of course, size matters, but no part of our technology will follow the particular needs or expectations of a single giant. ***Whats the plan and is there any interest showed by any one of those 3 and if not how do you plan to go about it?*** We did not contact, neither we were approached. It most probably is not going to happen until some significant critical mass of users is achieved. But, let me emphasize it again, it's not our ideology to ransom a large player once we start to influence its income. |
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Could you please tell us about the browser and app you are planning to create. Are the Mass coins part of it? or is it something similar to Adblock or Brave browser?
I understand the value of Adblock and its big battle with Facebook whose only revenue is via advertisements, so too is Whatsapp, so any block to the advertisements is a huge blow to their revenue.
I only want to invest in a product, not just another ICO. I know a lot of folks here just want to make a quick buck as soon as its traded on the exchanges sadly.
The browser is very similar to brave.com with the two major differences: (1) while brave.com fences off regular advertisers (the entire RTB framework), Mass, on the contrary, want the to join and tune their behavior. Ad&track blocking changes the paradigm of online advertising anyway. Some reshaping of the industry is inevitable. So we propose to adjust in time. The straight-forwards capitalist approach is the only viable one. Web users are sick and tired of them being used for free. So everybody has to take that into consideration. You may not know this, but adblocking reach 50% share within the important user group — younger users under 29 in US and EU. So if you are planning to use your product with the advertisers, and the users have an option to opt-in in return for some form of payment? What payment would that be? Give me a good reason why I should use Mass Network's product over the rest? The good reason: there are only two browsers that pay for ordinary browsing: Mass and Brave, the latter being limited to its own ad network. How large can that network grow? We don't know. But we bet on changing the system from within not from outside. What kind of money. Well, the total global annual ad revenue is like $10^12 order. Say, 90% of it is the real estate itself (actual time/places for ads), and only 10% is the surrounding infrastructure such as data management. Now. The owner of $10^11 starts to demand its share and acquires half of that. We have $5 x 10^10. Advertisers are interested in the "gold billion" (10^9 people). So, we have $5 x 10^2 for each user during the year. |
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Could you please tell us about the browser and app you are planning to create. Are the Mass coins part of it? or is it something similar to Adblock or Brave browser?
I understand the value of Adblock and its big battle with Facebook whose only revenue is via advertisements, so too is Whatsapp, so any block to the advertisements is a huge blow to their revenue.
I only want to invest in a product, not just another ICO. I know a lot of folks here just want to make a quick buck as soon as its traded on the exchanges sadly.
Mass coins are needed to run the marketplace. Sorry about just providing a link instead of explaining, but can't make it any better. The main ideas are: the internal currency is needed to make the economic relations within the system independent from external factors. Assets attached to a blockchain (as colored bitcoins) is the best option possible having no unneeded complexity and, therefore, instability. https://mass.network/mass-coins.html |
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Could you please tell us about the browser and app you are planning to create. Are the Mass coins part of it? or is it something similar to Adblock or Brave browser?
I understand the value of Adblock and its big battle with Facebook whose only revenue is via advertisements, so too is Whatsapp, so any block to the advertisements is a huge blow to their revenue.
I only want to invest in a product, not just another ICO. I know a lot of folks here just want to make a quick buck as soon as its traded on the exchanges sadly.
The browser is very similar to brave.com with the two major differences: (1) while brave.com fences off regular advertisers (the entire RTB framework), Mass, on the contrary, want the to join and tune their behavior. Ad&track blocking changes the paradigm of online advertising anyway. Some reshaping of the industry is inevitable. So we propose to adjust in time. The straight-forwards capitalist approach is the only viable one. Web users are sick and tired of them being used for free. So everybody has to take that into consideration. You may not know this, but adblocking reach 50% share within the important user group — younger users under 29 in US and EU. |
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any bounty ?
The bounty program's budget is 1% of all coins supply. The distribution mechanism among the early supporters will take into consideration all important factors including the campaign start date: the earlier, the higher the bonus. Please subscribe to the Telegram channel to keep updated. Thank you in advance. |
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So you want to completely revolutionize how online ads work through businesses using the Mass Network instead of normal advertising?
No. Others already revolutionized it. Take brave.com. We offer the hybrid way. |
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There already is such a browser, https://brave.com/Are you planning on forking their browser or creating something entirely different? [/quote] Brave is similar (not exactly a marketplace but a shop, though) and it is great (I'm actually typing this from Brave). But the approach is too generous; they're not going to go mainstream that way. They are not going to be a part of existing RTB. That's wrong if you really want to change things. You have to poison the incumbent ad industry from within to kill it. You can't fight it openly; you have to be mean. |
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Mass Coin Offering
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Ad industry and blockchain experts have combined efforts to create a ground-breaking project, Mass, in order to fix the imbalance of power which exists between the online advertising industry and the internet users who unwillingly provide this industry its revenue generating data without receiving anything in return.
Mass is software for consumers, webmasters, advertisers, and advertising data management platforms within the RTB (Real Time Bidding) framework.The founding principle is to follow the industry’s trend towards monetization of customer attention and to create a convenient, fair marketplace for all participating parties (including web users, themselves). Mass allows users to receive instant compensation for ordinary internet browsing via its built-in blockchain-based peer-to-peer infrastructure.- Mass Coin: a highly in-demand, scarce resource with excellent potential for growth. -
The one-time public offering of Mass Сoins will end on December 1, 2016, at 11:59:59 am PST. On December 2, 2016, the one-and-only distribution of Mass Сoins will take place when one trillion indivisible Mass Coins are issued publicly. During the period from December 2, 2016, to December 15, 2016, the entire supply of Mass Coin will be distributed according to the following formula:
Each participant of Mass ICO will receive[1,000,000,000,000 × (total amount of all deposits made to one individual account ÷ total amount of deposits made by all ICO participants) × 0.7] Mass coins;
Mass will reserve [1,000,000,000,000 × 0.3] coins altogether for its internal use.
A non-refundable deposit in bitcoins needs to be made to participate in the distribution of coins. Before the ICO ends, multiple bitcoin deposits can be made. There is no minimal or maximal amounts imposed. In the formula above, “[ ]” means the integer part function, “×” means an arithmetical product, “÷” means arithmetical division. By the term “ICO participant” we understand whoever has access to control the single Mass ICO account. ICO account is needed for deposits collection only. Mass Coins will be transferred to each individual’s independent Mass wallet or Mass account in Mycelium Wallet (thanks to Mycelium and Bitfury for supporting us!). Mass Сoins storage is NOT centrally controlled. Anyone can participate in Mass ICO. Besides an email address, no personal data is collected. To join the ICO, one has to sign up for the Mass ICO account.Attention! Owning Mass Coin is the only result of participating in this ICO. No equity or bonds of any legal entity are offered in this ICO.
Mass Coin Will Be Offered Only Once
Mass utilizes modern tools to increase efficiency but does so with an explicitly balanced notion of complexity and purpose. Mass Coin is a once-issued virtual currency that uses the Bitcoin Blockchain as transport; its value depends solely on the market forces of supply and demand.| | Assumptions
◆ Typical individual investment: 10 BTC
◆ Funds raised during the ICO: $10M
◆ USD/BTC: 579
◆ Industry size: $237.5B
(mean of statista.com’s prognosis for 2017 & 2018) |
| Mass share in digital ads | | 0.1% | | 1.0% | | Expected Coin Value Gain | | 1,800% | | 18,000% |
A fundamental law of nature states that "energy is neither created nor destroyed." This principle informs our one-time issuance approach to Mass Coin. Satoshi may have had a similar idea in mind when he set the Bitcoin cap at 21 million which is itself an instance of single-issuance although intentionally not all released at once.
There will never be a second emission, sale, or offering of any sort for Mass Coin. As the network grows and users become more active the demand for Mass Coin will increase which with a corresponding price increase. Those who stand to profit most from this are the early adopters—the believers and supporters of this network and the idea behind it. The crux of this one-time emission philosophy is that it keeps the system independent of its creator.- Mass Coin: 100% trustless currency after the single distribution event occurs. -
Why Do We Need the Mass Network?
Advertising requires specific knowledge about the target market segment. Advertising agencies are obsessed with data harvesting and to that end, they know more about you than you would be comfortable sharing. The tracking of user data plays a fundamental role in the extremely profitable, real-time ad exchange ecosystem. Yet, despite all of the artificial intelligence and tracking employed by Big Data, the majority of “targeted” ads remain irrelevant at best and annoying at worst.
Consumer disaffection with irrelevant and obtrusive ads has resulted in the steady adoption of ad-blocker software. This fact is making data-tracking nearly useless which makes the whole business model increasingly obsolete.- The industry’s current solution is an arms race of anti-blockers versus anti-anti-blockers. This inefficient counterproductivity inevitably leads to a dead end. -
Mass: The Way Forward
Mass proposes an truce. Why not substitute this wasteful fighting for a mutually beneficial and proactive commerce? Let’s end the spying, end the software wars and start paying consumers their fair share for the data they provide. Moreover, allow the user to share as little or as much as they choose and openly ask them for clarifications along the way. Individuals are compensated, and industry receives quality over quantity. Everyone wins!
Mass allows for the creation of a marketplace whereby the industry must pay a fair, market-determined rate to consumers for their quality data and attention. Voluntary and consciously provided user information exchanged for compensation presents a much more valuable data set than the current ill-gotten and often misinterpreted version of data as it mined at present.
Finally, Mass paves the way for the monetization of our everyday online experience. Mass makes every internet user an interested party in these relations and improves consumer attitudes towards brands, publishers, and advertisements, themselves.- Mass is making advertising much more efficient to the benefit of all parties involved. -
Why is Mass Coin Necessary?
User attention and online behavior patterns have a value. Mass establishes a trustless ecosystem where this value is established by market forces and determined by the relationship between buyer and seller. Using this foundational principle of capitalism will allow the value of user data to be established in a transparent and fair way.
Currently, most internet users think of their attention and online behavior as valueless. This ignorance of users is essential to the ad industry whose annual revenue is in the hundreds of billions of dollars. The fact is that user data is valuable and is already being bought and sold. Mass allows the source of this data, the individual, to participate in these transactions.
However, according to current conditions, even if an individual could willingly sell their data it would not yield any significant profit. The ad industry's huge profit is based on the aggregation of million of individuals' data. There is strength in numbers, but we must first change the game. Mass creates a new network and a new market which allows a unified critical mass to emerge. This, in turn, will necessitate a paradigm shift in the acquisition of user data.
To make a stand one must have a solid foundation on which to leverage a position. The Mass Economy will be this leverageable entity. It will be built and sold to willing participants who are tired of being exploited, cheated, and farmed for their valuable user data. Naturally, ad agencies will see this emerging sector of internet users and want to target them with ads. To do this, they will need to participate in the network by paying Mass Coin in exchange for data. They will do this because it will be a worthy investment for their business.- Advertising is not inherently evil, but exploitation is. Mass allows for the possibility of a mutually beneficial relationship to emerge between the ad industry and the individual. -
The Mass Economy and True Value of Mass Coin
Mass Coin is a form of digital currency needed to access the service provided by the Mass network. However, Mass Coin is very different than so-called, "app coins" such as Ether on the Ethereum Network. Advocates of such coins have characterized these as "tickets to ride" within a network. In Ethereum, for example, one needs Ether to build distributed apps on the platform. In the case of Steem or Sia (and dozens of others), you also need to own native coins to do whatever it is that each network allows doing.
The problem with the above is that these "tickets" come with an additional cost and various side-effects such as mining fees or requirements to continuously contribute to the network in some way. In summary, they try to mimic many aspects of Bitcoin.
It is not clear why any of these projects liken themselves to Bitcoin. Bitcoin is a functional monetary system, currency, and a payment network all-in-one. This complexity appears reasonable by virtue of Bitcoin's usability and sustainability. But why should any of the existing app coins be as intricate as Bitcoin? It is hard to answer this question—especially when we have yet to see anything useful come from “distributed applications” apart from Bitcoin, itself.- Mass's economic structure is comprised of a transparent, closed-loop system with tremendous growth potential. The Mass platform and the crypto-exchanges which carry Mass Coin represent a self-sufficient earning machine that will provide huge benefits to early-adopters. -
Status of Mass ICO
Do not confuse Mass with a company doing a digital IPO. Mass Coin does not represent equity nor is it a cryptographic share. Mass Coin holders are not entitled to dividends in any form or revenue sharing or transaction fees within the network.
Do not confuse Mass with distributed autonomous organization (DAO). Mass Coin does not represent shares of any organization. There is no autonomous code responsible for issuing the coins, holding the money collected from the coins' sale, and contracting third parties to develop the network.
Do not confuse Mass Coin with debt. There is no interest rate or promise to pay back the principle.
Do not confuse Mass Coin with convertible notes. There is no future equity promise, and there is no vesting period. Mass Coin is ready for free trade on crypto-exchanges immediately after the distribution without limit.
Now, there are some that find it necessary to connect Coins to the legacy world. There are several different approaches to this concept but all are mere shells for legal/tax purposes. For instance, the Ether pre-sale was executed by the Ethereum Foundation, a non-profit organization registered in Switzerland, whose sole purpose is to manage the funds raised from the Ether sale to serve the Ethereum ecosystem best. But, has is helped any of its users lately?
Mass Coin is a balanced combination of centrally organized governance (in the form of a Liechtenstein-registered company) and a decentralized entity component that is the tokenized ecosystem built on Mass Coin. In our case, the company is responsible for the infrastructure's development. Each stakeholder and employee is and always will be interested in the value-growth of Mass Coin, naturally.
Risk
By buying coins, you accept significant risk. Before purchasing coins, carefully consider the exemplary and non-exhaustive list of risks set forth below and, to the extent necessary, consult a lawyer, an accountant or a tax professional.
1. Risk of Weaknesses in the Coin Transport Software. The blockchain-based assets concept is experimental in nature, therefore yet unproven. There is a risk that, as an open source project, any contributor to the software could introduce security weaknesses or errors into the software, causing the loss of coins.
2. Regulatory Risks. Mass will operate through the decentralized coins not through a legal entity. However, there are regulatory risks. Blockchain technology represents the new form of economic interactions between individuals and companies where some methods are still to be tested, verified, and certified. It is likely that specific regulations in some jurisdictions might be set to contradict the mentioned methods. Such regulations may or may not be Mass Network friendly, and some might even forbid any relationships using coins.
3. Loss of Value. The recognized value of coins is unpredictable. Mass Network or its representatives or people associated with it will not be responsible for value loss and will not have to buy back any coins from anyone.
Taxation
No party involved in this ICO makes any promises or explanations concerning the tax implications potentially caused by the purchase, possession, and use of coins. You bear the sole responsibility to determine if the potential appreciation or depreciation in the value of coins over time has any tax implications for you in your home jurisdiction.
The company and individuals associated with the organization of this ICO are not liable for any tax liability arising from the fact of buying and owning coins.
To learn more visit https://mass.network
Whitepaper: https://mass.network//mass-whitepaper.pdf
Telegram: https://telegram.me/massnetwork
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