No assumptions, but facts. You can oppose to bitter reality as much as you wish,but fact is that Minex has no issuing contract and sending non-branded cards which is strictly forbidden. There is no question that cards will be cancelled. Put all yours money on Boris illegal cards and wait.  

Simple, there were just few cards in testing phase.  When few thousands cards go into, no way you can conceal them from being spotted by Mastercard - you can conceal small mouse,but not the elephant.

Iam only afraid that poor people who took a bait will lose theirs precious money due to Minex irresponsible gamble with Mastercard.

I dont know what were people from Minex thinking when started issuing these non-branded Mastercards.Obviously,they didnt think about consequences of such act. Now ,in constant fear of cancelling cards they are doing things in deep secrecy, thinking how dealing in such way will save them from Mastercard retribution.

Of course,such behaviour would make everybody to think that it is something really wrong behind it. Cant blame anyone who thinks like that. Every single company which issued branded crypto related cards didnt hide anything. On the contrary they were so happy to present theirs customers how they made issuing contracts, features of cards, how cards look.Everybody except Minex.

It is obvious now ,that people from Minex didnt have a clue how these rules and regulations are complicated before they jumped in payment card program.Finally, they admitted in theirs late November article on Medium. It would be better for Minex they then abandoned card program and start more focusing on whitelist.Especially if they made exchange this year, which could create longterm source of income for Minex and prevent such disastruos fall of MNX.


Instead they put all efforts in chasing payment card program they had not enough knowledge to realise it. Minex lost reputation,money,precious time.Now they are facing 2 not so good choices:

- first, to continue sending non-branded Mastercards which is gamble they cant win.The moment Mastercard cancels cards it would be end of Minex

- second, to stop sending non-branded Mastercards,take a bitter pill, make sincere apology to theirs customers and open a new page in a way how they are dealing business and behave to theirs clients.More focus on making exchange as probably the best way to make longeterm source of income and stop offending and attacking non-satisfied clients - make decent and professional support service.Minex forgot old rule that client is always right.


 

Minex Troll Comannder in chief spoke to me!!!!!   Sorry man,but I have to dissapoint you,but mine only interest is to prevent you for scamming more people. Exposing your lies,misleadings and misinformations is not attack,but defense. You guys are so professionally deformed from constant trolling that you dont know to speak truth any more. I know you had a rough day ,but dont blame me for that.

Yours wrongdoings,attackings,insults,lies... made Minex much more damage than anybody else could. So,if you start blaming ,begin from yourselves. Change the way how are you doing things. Be much more honest,dont lie ,dont promise impossible, dont attack clients....

Minex is now just not one step ,but few milimetres from falling into abyss. The best Boris can do for Minex is to resign and let others ,more honest and more capable people run Minex. Of course,second thing is to fire you and your trolling motley crew as a people which made Minex more damage than everything else.But,Boris is very stubborn man with a long history of avoiding laws and regulations and there is 99% chance that he will choose to push Minex in the deeper mud until to the bitter end.


Finally, I will give you one very useful advice - instead you are giving people non-branded Mastercards which can be cancelled any time , it would be better that you thought about some alternatives. Maybe to look and see how Paycent ,today only true worlwide crypto card related issuer does things. Instead to take VISA or Mastercard,they choosed Chinese Union pay card provider which has contracts with hundreds of banks in more than 171 country about accepting theirs cards and providing ATM services:

http://www.unionpayintl.com/en/serviceCenter/cardUsingInstructions/821.shtml


It is much easier to get worldwide license from them than from VISA or Mastercard.Union pay also made a contract with yours Privat bank in July this year:

https://www.unionpayintl.com/en/mediaCenter/newsCenter/companyNews/4016.shtml


Any real troll would not give you such good advice.

Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.