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 Where are the founders? Are these false accounts lost after ico. Hey man, I believe in the truth, not lies. I can tell you that those people are real and yes, Essentia is still working on the project and releasing updates often. Nothing to worry in this regard. What you should worry about is the circulating supply 'problem'. The team have reached out to CMC to resolve the issues, numerous times, all we can do now is wait for resolution. Let's not jump to conclusion. I think you can understand that we cannot give out information that is not provided, and when the Essentia team has an update on the CMC situation we will be able to then hopefully provide you with a more info. Stop your lies please! 6 monthes same copy-paste reply about the CMC. Lots of projects that launched months after Essentia are already on CMC without such issues, so that problem is on Essentia side, not CMC. You are liers, trying to blame CMC in not updating info, but it's Essentia fault totally. Now AmaZix in telegram saying that we are fuding here, lol! This project is made of fear, uncertainty and doubt by itself, if someone is fuding here, it's the team |
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Btw, nobody saw that $20m gathered from VCs, I've asked about where are all the funds now, if they are still in ETH or have been converted, surely I've got no answer, as always with this project
I think they put 11 million USD out of those 25 into some fund from which they'll supposedly pay other people projects on their network, reward for hackatons etc Maybe, maybe, but they aren't willing to disclose any proofs and ignoring this question, so that might be just a wishful thinking  |
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Where are the founders? Are these false accounts lost after ico. Hey man, I believe in the truth, not lies. I can tell you that those people are real and yes, Essentia is still working on the project and releasing updates often. Nothing to worry in this regard. What you should worry about is the circulating supply 'problem'. Last seen 3 months ago They took $ 25 million and they got lost. suspicious project from a to z Btw, nobody saw that $20m gathered from VCs, I've asked about where are all the funds now, if they are still in ETH or have been converted, surely I've got no answer, as always with this project. And where are the comments from the founders? About mainnet postponement, about token totally lost value, about anything? Only shitty AmaZix around. Seems you are right about them vanishing. Major roadmap violation and those crooks never appeared DutchTranslator, are you from AmaZix? |
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Possible scam alert!If you are thinking about investing in this project, think twice, it could turn out to be a scam. Here are the red flags: 1. CMC isn't updated for 6 months, team says that it's problem on CMC side, but many projects that started later then Essentia, are already on CMC with all info intact. 2. Team insists that circulating supply is 614 359 618 tokens, but bloxy.info, coingecko.com and other show circulating supply as much as 909 767 005 tokens. 3. This project conducted ICO 6 months ago, but no tech has been created. They are still on an MvP stage same they had half a year ago. Mobile and desktop versions has been released, but they are just wallets which support bitcoin, ethereum and ERC-20, not more. Mainnet launch was planned on Q4 2018, yesterday they said everything's on track, but today postponed mainnet launch indefinitly, "targeting Q1 2019". 4. Problems with ICO smart contract, e-mail database leaked two times, smart contract modification after ICO, which allowed the team to buy lots of tokens from a smart contract for a couple hundred dollars. 5. Total lack of transperency, and after the mainnet postponed, all AmaZix telegram chat admins have been changed, banning people for asking questions about circulating supply issue. Here is a quote of a message from one who got banned: Pete:
Got banned from main chat for pointing out all these issues.. And I'm not even the biggest critic yet received reason from AmaZix as "team decided to ban you" instead of answering questions.
Bet this message gets deleted and another ban will be imposed.
Change of AmaZix mods to buy more time to formulate answers? LMAO
Pete:
LOL the previous mod that handled my ban query is no longer affiliated with AmaZix..
Also answers on a questions at AMA on reddit were edited next day after AMA 6. Token performance is terrible, 40 times lower then ICO price ($4500 invested in ICO for running one masternode turned into $120), they blame "market conditions", but that's not true - some projects launched later then Essentia can enjoy token price increase and ETH fell only 4 times lower (it was pegged at $465 at ICO), so Essentia did -×10 to ETH itself. Team doesn't care about that and seems they don't care that masternodes won't be profitable 7. Bounty hunters got only 1/3 of what they were promissed Segregator:
I was pissed when they gave bounty hunters only 1/3 of promised, but now I'm grateful, because that prevented me from investing 😊
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This is true that Essentia postponed mainnet release for indefinite term (probably for 1st quarter of 2019, but this is not exactly).  I read this in telegram... Seems now everyone dissappointed in this project which have only false promised. They promised top 5 exchange during ICO, now they postponed mainnet.. The team looks like very unprofessional  You read it, but who wrote it. Maybe it's just a throw. I will wait for the official announcement from the team. It is an official announcement, mate |
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This is true that Essentia postponed mainnet release for indefinite term (probably for 1st quarter of 2019, but this is not exactly). I read this in telegram... Seems now everyone dissappointed in this project which have only false promised. They promised top 5 exchange during ICO, now they postponed mainnet.. The team looks like very unprofessional This project turned into a shit show, yesterday they claimed that everything is on track and mainnet will be released this year, now it's postponed, token price already fell 40 times as of ICO, a masternode with a price about $4500 now costs $120. Team is very fishy, and the project turns out to be a scam, and AmaZix is covering scammers, lol! Old AmaZix admins disappeared from Telegram group, now there are new admins. Hope they get paid in ESS tokens at an ICO rate $0.043 per token. Many believed in this project, but now seems it's time to writedown a loss and forget about it |
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This project just sucks, won't tell it's a scam or a failed project, you decide, but $800 turned into $17 and team dosen't care about that. Updating CMC for 6 monthes, now new ESS-X token in whitepaper and nobody even bothers to explain what this new token is and what it's for
At least we finally know when will mainnet launch, and details about masternodes and supernodes, as well as rewarding system for hosting them...about time, as only a week remains in Q4 What? No announcments were made about masternodes, supernodes, mainnet or anything considering this, though only 10 days left in Q4! Actually, we know nothing at all! |
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This project just sucks, won't tell it's a scam or a failed project, you decide, but $800 turned into $17 and team dosen't care about that. Updating CMC for 6 monthes, now new ESS-X token in whitepaper and nobody even bothers to explain what this new token is and what it's for
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I think they must wait with maiinet launch some time (until market will recovery and will be in green zone again). Because in this situation even maiinet cant bring much effect to price...
I expect that after launching the network, the price will be better. But in fact, I do not have any guarantees for this. And I think that the team should start the network as soon as it is ready for it. There is no reason,for artificially to slow it down. Well, there actually IS one pretty good reason...at current price there's not much incentive to run masternode as you'll spend more electricity than you'll get reward for running node...that could actually lead to network failure and general distrust, causing even lesser price Well, if everything is so bad, then the team can take on the support of the network, at first, until the price satisfies the needs of those who planned to do it. In any case, the team will do this for insurance, until a sufficient number of nodes appear for safe work. Lol, decentralized, but ran only bu devs, you're talking nonsense |
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I think they must wait with maiinet launch some time (until market will recovery and will be in green zone again). Because in this situation even maiinet cant bring much effect to price...
One one hand yes, but on the other hand market is melting almost a year, what if it would be 2 years? Delaying mainnet will actually scare tokenholders alot, on a such market background value could go to zero I think thats it's late, but better later then never, alts should decouple from "mothercoin", stop trading in pairs with BTC, ETH, and trade for stablecoins and USD only. That way, they won't be dragged down so much when BTC tanks |
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ESS $0.00 | 0.00000055Ƀ
0.00001719Ξ
ICO Date: 2018-06-25
Launch Price
USD: $0.04
ETH: 0.00009374Ξ
BTC: 0.00000687Ƀ
Raised: $25,500,000
Supply: 1,755,313,373
ROI $: 0.08x
ROI ETH: 0.18x
ROI Ƀ: 0.08
Hello Essentia, how are you doing? The only way is up?
This project is doomed, cause they don't care about economy, and probably are too greedy. They could start a buyback at any price lower than ICO and keep a token price at some level, so masternodes could be minimally profitable, but didn't do that. Now when mainnet launches why would anybody want to run a masternode at all? |
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Also please stop lying about the coinmarketcap not updating Essentia. Projects that launched later and look weaker then Essentia, already listed on CMC with all information intact. If you need examples, look at "dietbitcoin" coin, and it just one of lots of such coins.
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The team does not plan any activities aimed at increasing the value of the token? I'm upset about the low price.
Hi Nold just to remind you that the team does not control the price of the token. I understand your frustration with current market conditions have you had a chance to look in the Telegram channel recently? The IOS and Android app for the Essentia platform is coming out in less than 7 days! https://t.me/essentia_oneActually team has various abilities not to control, but to influence the market price. For instance team could've done a buyback for some amount to shore up the price. But according to your answer, team is not going to do anything with it, they just blame the market, which is not right - there are lots of projects on the market, that have had a positive and neutral price movement since June, so "bad market" isn't really a good excuse. Team just doesn't care about token economy, and AmaZix is just a human-bots copy-pasting same answers all the time. And for saying all this I've got banned on Essentia telegram channel. I'm pretty scared of such intransparent projects, aspecially, when they actually perform worse then the whole market they are blaming for their token disasterous performance (-x15!!) I understand why you must feel this way. I would like to point that your claim about the team not caring about the price is incorrect. The team have been focusing on the tech, and recently published an overview of the consensus model for the mainnet due for release in Q4. A team dedicated to improving the protocol lays the foundation for a successful project. The team have also demonstrated ways in which they are trying to respond to community sentiment. For example, each month Essentia runs a community-wide vote to choose which project to integrate next into the platform. AmaZix has nothing to do with the market or the token price, just a Community Management Agency that works with the information given by the team to keep you updated. It's good to be focused on the tech and try to invent something new, but a project doesn't solely consist of the tech, someone should care about project economy, project marketing, investor relationships (they say they've got no investors, they've got contributors, thanks not donators or sponsors). Only tech will bring the project nowhere. There are lots of examples. Ever heard about OS/2 operating system? It's tech was really more advanced then Windows had on a start. But where is it now? Nowhere, cause Microsoft had a better marketing and a glitchy (back then) Windows became a standard. I also think marketing is quite important.Good marketing can make more people understand and use.Many investors have now left this project.Because it didn’t bring them benefits.I hope the team will work hard to expand the market. Marketing efforts from the team to promote Essentia and reach a wider audience are underway via social media, blog updates via Medium, and Google AdWords. The team have spent upwards of 600k Euro already in these efforts as well and they continue to promote Essentia across the globe through these efforts I'm not talking about marketing, I'm talking about token economy which isn't managed at all. Who oversees the token economy in Essentia project? They've got a dev team, but no marketing, no economics teams or even persons. That just doesn't work like that. I don't know who would want to support a network when expanses are bigger then a profit for running a masternode. How is the team going to solve this problem? |
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The team does not plan any activities aimed at increasing the value of the token? I'm upset about the low price.
Hi Nold just to remind you that the team does not control the price of the token. I understand your frustration with current market conditions have you had a chance to look in the Telegram channel recently? The IOS and Android app for the Essentia platform is coming out in less than 7 days! https://t.me/essentia_oneActually team has various abilities not to control, but to influence the market price. For instance team could've done a buyback for some amount to shore up the price. But according to your answer, team is not going to do anything with it, they just blame the market, which is not right - there are lots of projects on the market, that have had a positive and neutral price movement since June, so "bad market" isn't really a good excuse. Team just doesn't care about token economy, and AmaZix is just a human-bots copy-pasting same answers all the time. And for saying all this I've got banned on Essentia telegram channel. I'm pretty scared of such intransparent projects, aspecially, when they actually perform worse then the whole market they are blaming for their token disasterous performance (-x15!!) I understand why you must feel this way. I would like to point that your claim about the team not caring about the price is incorrect. The team have been focusing on the tech, and recently published an overview of the consensus model for the mainnet due for release in Q4. A team dedicated to improving the protocol lays the foundation for a successful project. The team have also demonstrated ways in which they are trying to respond to community sentiment. For example, each month Essentia runs a community-wide vote to choose which project to integrate next into the platform. AmaZix has nothing to do with the market or the token price, just a Community Management Agency that works with the information given by the team to keep you updated. It's good to be focused on the tech and try to invent something new, but a project doesn't solely consist of the tech, someone should care about project economy, project marketing, investor relationships (they say they've got no investors, they've got contributors, thanks not donators or sponsors). Only tech will bring the project nowhere. There are lots of examples. Ever heard about OS/2 operating system? It's tech was really more advanced then Windows had on a start. But where is it now? Nowhere, cause Microsoft had a better marketing and a glitchy (back then) Windows became a standard. |
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The team does not plan any activities aimed at increasing the value of the token? I'm upset about the low price.
Hi Nold just to remind you that the team does not control the price of the token. I understand your frustration with current market conditions have you had a chance to look in the Telegram channel recently? The IOS and Android app for the Essentia platform is coming out in less than 7 days! https://t.me/essentia_oneActually team has various abilities not to control, but to influence the market price. For instance team could've done a buyback for some amount to shore up the price. But according to your answer, team is not going to do anything with it, they just blame the market, which is not right - there are lots of projects on the market, that have had a positive and neutral price movement since June, so "bad market" isn't really a good excuse. Team just doesn't care about token economy, and AmaZix is just a human-bots copy-pasting same answers all the time. And for saying all this I've got banned on Essentia telegram channel and they deleted my messages. I'm pretty scared of such intransparent projects, aspecially, when they actually perform worse then the whole market they are blaming for their token disasterous performance (-x15 straight from the ICO!!) Now let's see what's with the token economy for ICO participants: at a current market price masternode would make $6 per month, it's $72 per yer, for a masternode with a price $4500 at ICO, so ICO participants will get 1.6% per annum, that's really miserable ROI and it won't even cover an electricilty price to run a masternode, I'm even not talking about expanses on VPS or VDS server to run a masternode. |
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Essentia project is baked by a well known venture companies and investors. Still didn't get how it trading so low. Mainnet is coming...
What companies you mean? Can you name them please? As I know they signed pilot project with Finland government and this must starts after maiinet launch Look for "Strategic Partners and Advisors" at https://essentia.one |
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Where are the funds collected on ICO stored? Do they still even exist? Any proofs? I couldn't get an answer for this questions in a telegram chat, so I'll post them here.
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All I can say is that I've been contacted by some people willing to buy PXC entirely for whatever reason or purpose. All code and infranstructure including the web site, block explorer, etc. and have me to step down as the developer. I have rejected.
Wow! Did they say why do they want a whole PXC? |
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I believe that the donations implementation could help the coin to start develop a lot faster. If the project is not dead, it's the right time to try to become a big cap currency
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