@korvas and @wildshark
http://coremedia.info/blockchain-news/item/881-the-sec-crashed-the-ico-party-how-will-the-fun-continue

why is ionomy this time calling it a crowdfund and not ico? are they scared that term affects them? does this mean their past ico was naughty? do they think a name changes it? also incorporating in another country does nothing to avoid selling to usa residents you cant just pretend to be elsewhere.

lets run the howey test in that link which sec uses shall we? this is to see if its a security and should be registered.



There is an investment of money
--> yes. btc is money unless i guess you mined 100% of your stash.

It is in a common enterprise
--> profits shared multiple parties on buy backs on market etc

There is an expectation of profits
--> sure is. wildshark always goeson about earn money with ion. it'll rise. you yourself korvas keep calling it an investment that will rise

Profits are derived from the efforts of others
--> like atoms dark matter yes. its auctioned so profits come from others selling.

what are your thoughts? looking very unregistered security like to me.

There is an investment of money
--> yes. btc is money unless i guess you mined 100% of your stash.

It is in a common enterprise
--> profits shared multiple parties on buy backs on market etc

There is an expectation of profits
--> sure is. wildshark always goeson about earn money with ion. it'll rise. you yourself korvas keep calling it an investment that will rise

Profits are derived from the efforts of others
--> like atoms dark matter yes. its auctioned so profits come from others selling.

what are your thoughts? looking very unregistered security like to me.

The contest is over and I don't think there is any doubt that Rick_James won it fair and square so I'm not going to bother with math here.

Congrats Mr. James! Post your BTC address whenever you're ready.


https://bitcointalk.org/index.php?topic=1443633.msg17999804#msg17999804

I think it's just Rick_James spending 40 BTC to win my 0.05 BTC 

Again, thanks for the reply. I agree with most of what suchmoon said in response. I am, however, interested to hear more about Huey's gaming industry background. I've heard talk of it but I've never actually seen any evidence for it -- even his linkedin account doesn't list any experience beyond running a game server a while ago. I'm not looking to bash here, I'm genuinely interested because every time I've asked before no one has been able to answer.

I'm sure I won't change you're opinion either way, but as I've said before, I'd be concerned if I was a whale by now. There simply isn't much interest in this project; the very fact that they've had to manage on a smaller budget is a function of the fact that the concept doesn't appear to be appealing enough for many investors (even alt coin investors, who generally aren't exactly picky) to put money in to, surely? Now the game is out, we can see that there is still almost no 'buzz' around it despite there now being a tangible product that people can try. I think that speaks volumes, particularly when the game took so long to perfect behind the scenes and was so delayed. Add to this the fact that the team seems to continually over estimate both their ability to deliver (how many target release dates came and went for Gravity?) and the potential of their products, and I think this is only headed in one direction, sadly.

Thank you once again for bothering to engage in a conversation. I also note with interest that Korvas is conspicuous by his absence.
 

Again, thanks for the reply. I agree with most of what suchmoon said in response. I am, however, interested to hear more about Huey's gaming industry background. I've heard talk of it but I've never actually seen any evidence for it -- even his linkedin account doesn't list any experience beyond running a game server a while ago. I'm not looking to bash here, I'm genuinely interested because every time I've asked before no one has been able to answer.

I'm sure I won't change you're opinion either way, but as I've said before, I'd be concerned if I was a whale by now. There simply isn't much interest in this project; the very fact that they've had to manage on a smaller budget is a function of the fact that the concept doesn't appear to be appealing enough for many investors (even alt coin investors, who generally aren't exactly picky) to put money in to, surely? Now the game is out, we can see that there is still almost no 'buzz' around it despite there now being a tangible product that people can try. I think that speaks volumes, particularly when the game took so long to perfect behind the scenes and was so delayed. Add to this the fact that the team seems to continually over estimate both their ability to deliver (how many target release dates came and went for Gravity?) and the potential of their products, and I think this is only headed in one direction, sadly.

False equivalency. BTC for all its faults and looming forks is nowhere near the catastrophe that is this 100%-premined centralized coin. I get that your argument seems to lean towards "high risk high reward" but at some point you have to realize there is no reward. The flagship game 1 year in the making is being propped up by fake reviews. There isn't a horde of new bagholders willing to take your bags.

It's the same basic argument that we had 1 year ago and 2 years ago. If the "team" was capable of a miraculous resurrection of a dead coin (XPY) why not start a new one without the baggage? Ok, it turned out they're not capable but it took them a year to realize that AND they did start a new one when the plan collapsed. If the "team" is now all about gaming why invent a bicycle and not use one of the existing coins? Or if the "team" is all about crypto integration why not partner with existing games?

I have a feeling we'll see another "oops" and a pivot to something else. Ability - or lack thereof - to recognize their own limitations is the killer here. I'm sure given enough time a monkey could produce Hamlet but the rest of the world is not going to wait. If whatever the "team" is trying to do is worth doing - someone more capable will do it sooner.

Most likely though it's a solution in search of a problem. Last 2-3 years have shown an overwhelming lack of demand for the convoluted PNG schemes, except for a brief moment when it ran in full ponzi mode. Not sure what makes you and some others think that a fresh coat of paint can make it viable.

The "on the chain" thing isn't happening, they don't have crypto developers other than an occasional freelancing kid. They seem to have a web (PNG) dev and looks like half a game dev. No QA or PM though. If lack of size/resources is a problem then it's not going to fix itself. Gravity doesn't seem to be bringing cash in. Another round of crowdfunding?

This whole thing is probably some kinky S&M shit, maybe that's why I don't get it.

This whole thing is probably some kinky S&M shit, maybe that's why I don't get it.

Thank you for giving an honest reply. Simple follow up because I don't have time right now to write much else: given Team XPY/XPY.io/Team Ionomy's track record of delivering stable but small scale niche products, but lack of success to date in scaling up ventures at pace with appropriate feature sets to appeal to wider audiences, what makes you believe they can turn gravity (or indeed any other game) into a wide reaching success? What about this team demonstrates to you that they can cut it in what is an extremely competitive arena?

Modcom can't figure it out is not shocking either.
He and others thought Carmello (Bitlend) were legit.

Mr-Coins lying to the room as well. Not new.
They have a couple pumping twitter accounts that could point to whom might be putting in 5 star reviews up for them.
https://twitter.com/CryptoMental
https://twitter.com/Pharaoh848

When you pay for that type of service. You get this type of behavior.
Multiple reviews but nothing of substance, from accounts clearly designed to lend fake credibility to projects or people.
Don't blame BCT for your problems or stupidity IONteam and whales.

Mate, look. Harping on about this screenshot nonsense isn't getting you anywhere. Such arguably wasn't trying to deceive -- it doesn't say anywhere on the original post 'here's a screenshot from my phone', and besides, Such has subsequently posted a picture of the exact same problem occurring on a phone anyway. Could it have been clearer initially that the screenshots were from an emulator? Sure. I'm sure even Suchmoon would concede that. But it's not some grand conspiracy.

I can understand you trying to shift the focus of the discussion away from criticism of something you're invested heavily in -- I'm sure it's uncomfortable for you, especially when it seems that even by the teams own target it's underperforming. However, constantly trying to reframe the discussion in the way you are does nothing for your position. If you can defend your investment and address the criticisms, for example the obvious use of what would appear to be fake reviews (whether purchased by the team or by someone else within the ionomy community), with something other than hand waving, I'd be more than willing to listen.

Perhaps you could share with us your honest opinion of the first two weeks of the game being released. Is the number of downloads and general reception in line with what you would expect to see from a game that you have obviously enjoyed playing? Are you surprised that there doesn't appear to be many taking part in the leaderboard competition so far, despite this being one of the ionomy project's unique features? Does the level of marketing match your expectations for something that forms the bedrock of the ionomy?

I look forward to a response that hopefully doesn't contain the words 'deception', 'photos' or 'phone'.

And what are those privileges? To be a shameless shill? I'm sure you can do that without any atoms. Not to mention it's a complete non sequitur to your earlier claims about atom profitability and other assorted bullshit.


Another one

Is it Fallacy Friday at ionomy world headquarters today? You might wanna park your high horse until you're ready to admit being wrong in any of your own bullshit or put yourself "under a microscope". Ionomists being shady about their business structures is at least somewhat relevant since they're the ones taking OPM. Your fetish for ionomy critics to be doxed has no bearing on the success or failure of ionomy, other than to make ionomists look like utter fools.

You might wanna park your high horse until you're ready to admit being wrong in any of your own bullshit or put yourself "under a microscope".

Ya, my bad. I meant Jordan Smith (Billingserv)
Adam, Colin, and Richard are in 3RE.
I talked to Allen about Adam still working for him and he's still with Prestige.


Ya, my bad. The team enjoys obscuring so much of their past and creating so much misinformation through multiple accounts its hard to track.
Why hasn't the team added Ionomy Limited to their Linkdn pages?

The team enjoys obscuring so much of their past and creating so much misinformation through multiple accounts its hard to track.

See we're helpful at BCT to show what shit-coins look like

How's shilling ION over at Hashclub? - https://hashclub.org/topic/1286/any-ionomy-news/
You even have Pharaoh848 helping there - https://twitter.com/Pharaoh848 - Pharaoh sure loves two things ION and BillingServ (the company Adam and others work at).

 

ah thats something i guess. none of the official documentation says what you are saying. they can remove that feature at any time

http://ionomy.wiki/index.php?title=Atoms
http://ionomy.wiki/index.php?title=Electrons
https://ionomy.zendesk.com/hc/en-us/articles/219048627-What-Are-Electrons-and-what-are-their-uses-
https://ionomy.zendesk.com/hc/en-us/articles/218551058-What-Are-Atoms-


ps:
buying ingame: 150 electrons 9.99$
selling ionomy.com: 150 electrons for 7.21091850 ions or 1.51$
1500 atoms required, only costing 0.3btc

meh 

i believe your ad network only gives out 1 ad per user every week in most parts of the africa   that would mean you cant compete for even the 1$ prize. of course your question is a veiled marketing ad since you could check your self that the only winners so far have been the alpha testers (whales with x atoms). i dont see that changing any time soon. these guys have to spend their horde of (extra)useless electrons somehow

too bad your atoms dont poop out ions you could change for btc

So I cant directly use ION in the app. Thanks for the runaround answer.

How does google and Apple get their cut? This is essentially side stepping in app purchases.

So I cant directly use ION in the app. Thanks for the runaround answer.

How does google and Apple get their cut? This is essentially side stepping in app purchases.

And what place did you come in? Fill us in. how many people made transactions and had a higher score than -250.

If you bought 100 and withdrew them your score in the competition would be 0. that would put you in a higher position than me in january, where my score was -2 and I came in 27th place.

Thanks Bige...I guess I will just keep trying to see what is the best - 816,403 seems way far out of reach. This game will be tough to master, some tough competition.

Personally I withdraw hundreds a week and stake them.  It puts me in a negative as far as the competition goes each week.

I'm sure there were thousands of you buying coins and putting them into non-working wallets during the rebase and all those shenanigans instead of keeping them on ionomy.com or in stakers there.

It makes much more sense to do that instead of letting wildshark win the free investor competition.