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Author Topic: [irregularities] Mass Network  (Read 70676 times)
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massnetwork
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November 16, 2016, 03:15:22 PM
 #421

There's no need for an escrow. Highly prominent people lead the project.

As far as I am concerned, prominent or not, a reputable escrow should be a no-brainer for anyone asking people for money. Not only this shows the good faith of the asker but also establishes some level of trust. Of course risk is always present and having an escrow doesn't mean risk-free, yet, I think having one is better than not having one.

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?
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November 16, 2016, 03:35:06 PM
 #422

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?

I do not question the validity of the project nor the fact that you are good enough or not. You are holding an ICO, there has been so many scams (even with escrows) that some people are now afraid to invest in anything. An independent reputable escrow might offer some kind of safety to some investors, why would you consider it downgrading?

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massnetwork
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November 16, 2016, 03:57:39 PM
 #423

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?

I do not question the validity of the project nor the fact that you are good enough or not. You are holding an ICO, there has been so many scams (even with escrows) that some people are now afraid to invest in anything. An independent reputable escrow might offer some kind of safety to some investors, why would you consider it downgrading?

Having it wouldn't be downgrading, of course. Trying to get one - will. Asking for such stuff certainly downgrades you in the eyes of your colleagues in a broader industry sense.

You know what, offer someone who is good enough. And who's ok with that. We'll consider that person as an escrow holder. Seriously.
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November 16, 2016, 05:11:20 PM
 #424

There's no need for an escrow. Highly prominent people lead the project.

As far as I am concerned, prominent or not, a reputable escrow should be a no-brainer for anyone asking people for money. Not only this shows the good faith of the asker but also establishes some level of trust. Of course risk is always present and having an escrow doesn't mean risk-free, yet, I think having one is better than not having one.

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?

Wow makes sense,I think you are an exception to the rules,why would you need an escrow,when you have been transparent and people are reputable in their field,escrow are only for newbie sponsored Ico..

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November 16, 2016, 07:11:55 PM
 #425

Thanks a lot for this answer-storming! Smiley It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves Smiley ), but I have one important question / concern related to this part of the "Terms" you cited below:

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

... this space is not for rent ...
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November 16, 2016, 09:25:17 PM
 #426

Thanks a lot for this answer-storming! Smiley It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves Smiley ), but I have one important question / concern related to this part of the "Terms" you cited below:

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

We will make the addition/update to the Terms describing the entire discount/bonus schedule. There were at least four different periods. Yeah, it's kind of hard to keep the track for an outside observer now.
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November 16, 2016, 11:46:40 PM
 #427

Thanks a lot for this answer-storming! Smiley It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves Smiley ), but I have one important question / concern related to this part of the "Terms" you cited below:

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

We will make the addition/update to the Terms describing the entire discount/bonus schedule. There were at least four different periods. Yeah, it's kind of hard to keep the track for an outside observer now.
Are there rewards now?

WavesBank:www.wavesbank.com

 
 
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massnetwork
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November 17, 2016, 12:14:25 AM
 #428

Thanks a lot for this answer-storming! Smiley It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves Smiley ), but I have one important question / concern related to this part of the "Terms" you cited below:

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

We will make the addition/update to the Terms describing the entire discount/bonus schedule. There were at least four different periods. Yeah, it's kind of hard to keep the track for an outside observer now.
Are there rewards now?

Not at the moment.
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November 17, 2016, 05:47:51 PM
 #429

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November 17, 2016, 05:49:45 PM
 #430



what do you think of the new logo? Here are the ideas for the first welcome screens:




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November 17, 2016, 05:54:01 PM
 #431

what do you think of the new logo? Here are the ideas for the first welcome screens:

Looks good! Very brightly)
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November 17, 2016, 06:02:34 PM
 #432

Very interesting,you can make money just by browsing the net,I have been  to two of this kind of program before but not on a crypto currency,this is could be the first in the crypto currency industry,we are looking forward to it's launching.

.
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November 17, 2016, 11:55:25 PM
 #433

Looks very beautiful

WavesBank:www.wavesbank.com

 
 
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massnetwork
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November 18, 2016, 02:09:27 AM
 #434

Very interesting,you can make money just by browsing the net,I have been  to two of this kind of program before but not on a crypto currency,this is could be the first in the crypto currency industry,we are looking forward to it's launching.

"Mass" is not the first project that intends to make users paid in one way or another. Neither it is unique in this sense within the crypto industry segment.

The power of Mass Network lies elsewhere:

(1) Most money in the Internet are in ads business. Maybe 80%, maybe even 90%.
(2) The online ad industry is extremely complex and almost impossible to enter (on any serious scale).
(3) Mass Network found a roundabout; it will join the lucrative business segment without having to pay all sorts of entry barrier tolls.
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November 18, 2016, 03:05:10 AM
 #435

Having it wouldn't be downgrading, of course. Trying to get one - will. Asking for such stuff certainly downgrades you in the eyes of your colleagues in a broader industry sense.

You know what, offer someone who is good enough. And who's ok with that. We'll consider that person as an escrow holder. Seriously.

You can find a list of known escrows in this thread https://bitcointalk.org/index.php?topic=855778.

Wow makes sense,I think you are an exception to the rules,why would you need an escrow,when you have been transparent and people are reputable in their field,escrow are only for newbie sponsored Ico..

Generally, any project that is looking for a crowdfunding has some kind of escrow. For instance, the crowdfunding platforms (like kickstarter or indiegogo) only charge the participants once the goal is reached, no matter how advanced the project is or how qualified the people involved in it are.

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massnetwork
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November 18, 2016, 03:15:34 AM
 #436


You can find a list of known escrows in this thread https://bitcointalk.org/index.php?topic=855778.


I meant real people. A person (or a group of people, we never know) behind each one of these accounts might be cool, but this is too unconventional for us; it that case this is us, in our turn, who'd need someone to once again guarantee the safety of funds once keyed out to these legendary btt shadows.
kaicrypzen
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November 18, 2016, 03:55:19 AM
 #437

You can find a list of known escrows in this thread https://bitcointalk.org/index.php?topic=855778.

I meant real people. A person (or a group of people, we never know) behind each one of these accounts might be cool, but this is too unconventional for us; it that case this is us, in our turn, who'd need someone to once again guarantee the safety of funds once keyed out to these legendary btt shadows.

The btt shadows Smiley referred in the escrow thread seem to have earned the trust of the forum users/community, that's why I suggested to take a look at that thread. Having one of them escrow the funds may attract more investments from Bitcointalk users. Having said that, I understand your concern, I unfortunately can not suggest anyone specific.

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coin-investor
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November 18, 2016, 06:01:56 AM
 #438

You can find a list of known escrows in this thread https://bitcointalk.org/index.php?topic=855778.

I meant real people. A person (or a group of people, we never know) behind each one of these accounts might be cool, but this is too unconventional for us; it that case this is us, in our turn, who'd need someone to once again guarantee the safety of funds once keyed out to these legendary btt shadows.

The btt shadows Smiley referred in the escrow thread seem to have earned the trust of the forum users/community, that's why I suggested to take a look at that thread. Having one of them escrow the funds may attract more investments from Bitcointalk users. Having said that, I understand you concern, I unfortunately can not suggest anyone specific.

I agree one of the most important part of any ICO is having a trusted escrow,this has been the practice ever since and people will always look for one,but of course it's up to the dev if he choose not to and he is comfortable and had a confidence that they can deliver.

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November 18, 2016, 09:29:04 AM
 #439

aioc
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November 18, 2016, 03:54:28 PM
 #440

Only  a legit and with talented team can create a great concept like this,graphics are awesome and great too,the calendar for the ICO is quite long the team really prepare for it's launching we are looking forward to it.

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