You were doing so well until you got to the blatant shilling. 3/10 for your trolling. Please return to troll school for re-takes.

Edit: your post history shows exactly what's going on! That's obvious to the point of being hilarious.

Yes, you'll need a (very) small amount of Waves to make transactions. 0.001 WAVES at this point. You can get it from an exchange or a kind person who will donate it. Hit us up on Slack and I'll send you enough to get you started.

Let's be a little careful throwing around words like 'scam'?

I'm really sorry you haven't received your Incent. The tokens are still there waiting to be distributed, so don't worry, we will get that sorted. It's not clear what has happened here. Distribution occurs in tranches (for security reasons, we haven't implemented an on-demand withdrawal - this allows us to audit pending withdrawals) so it may simply be that yours hasn't been processed yet if you added the address recently.

If you come over to Incent Slack, we can get it sorted much faster. Otherwise drop us an email (incent@bitscan.co) and let us know your login details.

I'd encourage you to come to our Slack anyway. There's a lot of cool stuff going on and you'll get a much better picture of where we're at. You can talk to the team directly.

This reply was for two of your posts. Regardless, see the response above from Rob.

Latest appears to be that ETF deadline may come and go and it will be approved by default (apparently such is often the way of things in these matters). Is that a reasonable TL;DR or are we expecting a specific statement at some point?

And a repost from Incent thread for the sake of completeness. I think this is a very reasonable response given the agreement that existed.

Incidentally, for those traders who haven't been keeping an eye on such things, the decision on the first bitcoin ETF is due by Saturday at the latest. That will inevitably have an impact on bitcoin prices, and alts by implication.
Goodness knows which way it will go, but I'd expect volatility in both BTC and alts/Incent to result whatever happens.

Hi Papa Di,
I think you may have misunderstood. We are spending money where we need to: on developing the app/tech, on business development, on compliance - basically on all the things we need to make sure happen to launch a viable product that operates within the current regulatory structure. What we cannot afford to do is spend funds where we do not need to. Everything at this point goes behind launching a successful consumer app. Everything else comes from that. Get it wrong and we're dead in the water before we start. Get it right and the sky is the limit.

You're right that bitcoin's volatility is a risk assumed by the investor. That is the case with any investment, of course - that the currency in which you invest (i.e. that you sell for the asset purchased) rises in value. If bitcoin had fallen in value, likely Incent would have risen against BTC, as is the case with just about any alt under those circumstances. This is just a given in the crypto economy. It is unavoidable and it affects every ICO and crypto project to some extent.

Bottom line, we're not launched with Merchant 1 yet. We need to be on exchanges ahead of that. The price you see there isn't realistic - it wouldn't be possible to cash out large amounts anyway, as there simply isn't the liquidity. (One of the things we discussed at length in Sydney was our marketmaking strategy, and how we will add depth to the order books. This will allow merchants and traders to buy in/cash out with lower slippage, and will benefit everyone.) We're not at go-live yet, so the sorts of criticisms you're making of us just don't stack up. We're doing what we need to and what we said we would, within the schedule laid out.

Just so we're clear:
Buying tokens back using ICO funds makes us a Ponzi. You want us to be a Ponzi?
Price has fallen in terms of BTC. BTC has risen. This is a known phenomenon in cryptoland, it impacts everything. Would you like us to take the blame for the fall in the value of the Mexican Peso, or credit for the rise in the FTSE? Same reason, a change in the value of the reference currency.

I can appreciate that the exchange price of Incent may be disheartening to investors. Equally, we never promised the magical 3x growth in a week that some ICO participants seem to believe is their entitlement. We said we would launch a loyalty system and integrate the first merchants around the end of March, beginning of April, and that returns would be based on demand from real e-commerce transactions. And that's what we're doing.

Not really. We are creating a platform and ecosystem and were quite transparent about what it involved and our timelines. Perhaps you didn't read the white paper or website?
It is necessary for us to trade on exchanges ahead of merchant integration to establish a market price before that buy pressure comes in. Besides, the community clamoured for Incent to be added to exchanges. Read back through the post history if you're in any doubt.
If you're upset that the market has treated Incent unfavourably when we're pre-launch (no merchant demand) and bitcoin is spiking, that is unfortunate but beyond our control. If you weren't prepared to wait until launch, you shouldn't have invested. We have always been crystal clear about where the return on investment would come from, and it's not burning the funds we collected. That is the very definition of a ponzi.
As for Tokes, there was an agreement there too. They didn't honour it. Take it up with them.

I'm not sure who you're talking to here, or what you're referring to - Tokes or Incent?
If Tokes, that's something to take up with their team.
If Incent, you are quite misguided.
The bit about pyramids and grandmothers was particularly arcane. Please explain?

Edit: latest major update barely a week ago: https://bitcointalk.org/index.php?topic=1610052.msg18010652#msg18010652

I've just checked. Support for Tokes has been suspended.
There was an MOA with Tokes to pay 5 BTC for the service Incent offered. They are refusing to honour this due to their raise being less than they expected.
Obviously this is not our responsibility. Until it is resolved all support is on hold.
I'd suggest that you take this up with Tokes in the meantime.

Not sure what you mean?

I will pass it on. Just to check, have you put your Waves address in the ICO area?

I have to say it's an attractive price in terms of BTC, though of course barely changed from ICO in fiat terms.
We do have a good team and I will say that I was very encouraged during our recent week together. It was the first time I'd met three of them (I'd met Rob a few months back and regularly Skyped with him for 2+ years) and I was extremely impressed by their professionalism and experience. Richard Farrelly is a huge asset to the team and is generating some great leads, for example.
Right now what matters is getting the MVP out of the gate with customer 1. I think at that point things should become a lot clearer for investors and businesses interested in coming on board.

If things were not very much different in 3-6 months, I'd be surprised.
Buy pressure from merchants should start to impact the market in a month, gradually growing as we on-board new businesses and as existing ones use the platform more.

Merchants won't care or know about exchange price. They will simply buy and customers will receive Incent.
Anything else is just playing to the crypto crowd and isn't sustainable. External demand is all that counts in the long term. That's what we're doing.

Yes! We've written about this many times, please check our blog. Merchant 1 should be integrated within a month. Plus we'll have another ico client announcing shortly.

Because, as we've said many times before, we won't spend funds collected for development on supporting price. Rather, we will develop the platform and allow merchant activity to increase prices.
Did you not read the white paper or any of our many updates?

Facepalm.