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Author Topic: [irregularities] Mass Network  (Read 73873 times)
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November 29, 2016, 04:36:28 PM
 #521

I'm guessing Mass has been desperate to raise more money to pay the developers.  This was a bad way to do it.  I would suggest they give everyone equal bonuses at this point, and the 1st two groups get a little more.
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November 29, 2016, 04:56:26 PM
 #522

I'm guessing Mass has been desperate to raise more money to pay the developers.  This was a bad way to do it.  I would suggest they give everyone equal bonuses at this point, and the 1st two groups get a little more.

So raise more money - a scam.
Correct would be: contributions from 25 November to consider without the bonus, who do not agree - do return.
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November 29, 2016, 05:10:28 PM
 #523

I'm guessing Mass has been desperate to raise more money to pay the developers.  This was a bad way to do it.  I would suggest they give everyone equal bonuses at this point, and the 1st two groups get a little more.

I think we all understand that they hope to generate more money. The way was definitely not the best I totally agree here.
However the product and the idea is still great and i just hope it will turn out to the best

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November 29, 2016, 06:18:37 PM
 #524

Hello!

I have a lot of private messages about bonuses and other campaigns. I'm CTO and I'm not responsible for bonus rules. I only announced signature campaign, nothing more.

All questions about bonuses to Alexey Oshchepkov (massnetwork account).




Anybody know how to contact the CEO of Mycelium?  We need to take this up to the top.
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November 29, 2016, 08:45:43 PM
 #525

Why would mass.network fail?  I think they have a chicken and egg problem.  Mass users have to go to a Mass enabled website to get paid.  Who adopts firsts?  The users or the websites?  How hard is it to get websites to on board the mass network?  Right now there is no plan I see.

That in combination with bad bonus decisions which reflects on leadership.

They have a good website though.
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November 30, 2016, 06:18:28 AM
 #526

I'm guessing Mass has been desperate to raise more money to pay the developers.  This was a bad way to do it.  I would suggest they give everyone equal bonuses at this point, and the 1st two groups get a little more.

I think we all understand that they hope to generate more money. The way was definitely not the best I totally agree here.
However the product and the idea is still great and i just hope it will turn out to the best

I understand that if the rotten step is taken, the next to do so it will be easier!
Where will after a while, even if a good product?
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November 30, 2016, 02:56:13 PM
 #527

Haha! They set a minimum amount for replenishment! For them all that is less than 1 BTC not money anymore. They want a lot and at once. Greedy .....rds
"Minimum purchase: 1BTC"
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November 30, 2016, 03:58:37 PM
 #528

Ugh i was thinking in invest some btc in the coin but that last change stopped me. 1 btc is too much for now. I'll try to buy in an exchange. Good luck to all those who participated in the ico. The idea is still good.

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November 30, 2016, 04:10:37 PM
 #529

Ugh i was thinking in invest some btc in the coin but that last change stopped me. 1 btc is too much for now. I'll try to buy in an exchange. Good luck to all those who participated in the ico. The idea is still good.

I'll also going to buy on exchange I know that it's more profitable investing in ICO but I would like to see first if they are indeed going to implement what's on their roadmap,I'm sure there will be some people who will get disapointed here and dump it.

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November 30, 2016, 04:36:12 PM
 #530

Why would mass.network fail?  I think they have a chicken and egg problem.  Mass users have to go to a Mass enabled website to get paid.  Who adopts firsts?  The users or the websites?  How hard is it to get websites to on board the mass network?  Right now there is no plan I see.

Actually this chicken and egg problem was discussed briefly before, and the answer is the following: it is supposed the regular internet users will be the first to use the product (plugin and browser), because they have their value regardless of the MASS payment features. They have ad blocking and data harvesting protection, so if they are implemented the right way, they can be used by many internet users just because of those features. Then, when/if a critical mass of internet users uses the plugin, website could be interested in providing the payments. This will make more users use the product, and in its turn, more webmasters will integrate the payment options, and so on.

The idea is pretty good. It is a pity some unwise people are trying to spoil it by these idiotic bonus scheme changes...

... this space is not for rent ...
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November 30, 2016, 04:43:28 PM
 #531

Ugh i was thinking in invest some btc in the coin but that last change stopped me. 1 btc is too much for now. I'll try to buy in an exchange. Good luck to all those who participated in the ico. The idea is still good.

I'll also going to buy on exchange I know that it's more profitable investing in ICO but I would like to see first if they are indeed going to implement what's on their roadmap,I'm sure there will be some people who will get disapointed here and dump it.
I was planning to invest more at the end of ICO (with zero bonus), just because the idea is very solid, and people involved looked to be very solid too.
But after this scam-like 55% bonus introduced, I am very hesitant to invest anything, as now I have very big doubts in competence and legitimacy of the business behind this project. It raises big uncertainty in this project's future. technically they are very good, but the management team definitely sucks.

Hello!

I have a lot of private messages about bonuses and other campaigns. I'm CTO and I'm not responsible for bonus rules. I only announced signature campaign, nothing more.

All questions about bonuses to Alexey Oshchepkov (massnetwork account).


Anybody know how to contact the CEO of Mycelium?  We need to take this up to the top.

You are right, it looks like this is the decision of just part of the team. And we have absolutely no information on whether the CEO suports this.
Kuzmin is on Twitter: https://twitter.com/shurakuzmin, if you have twitter account, maybe you can try to contact him an ask whether he supports this craziness. Maybe he will be able to provide a sane answer, to calm down angry investors, and save the project from getting bad image.

P.S. Truly saying, I think I know the reason of this, and probably it means Kuzmin is well aware and he might be an initiator of this "bonus". Probably some big potential investor (a company, which could be useful for moving this project forward) has shown an interest in investing, but requested to give them bigger advantage so they actually invest. So ICO holders put this bonus specially for that big investor. Or alternatively, this could be Mr.Kuzmin himself - just wanted to get his piece of cake on special terms). One of these two: first guess is good, the second is dirty... That's just а wild guess though, but if I see a really big last moment investment, I will consider this guess to be proved...

... this space is not for rent ...
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November 30, 2016, 07:40:44 PM
 #532

The project has funding issues so they got desperate with the bonus.  What they should have done instead was ask for money from the elite to invest.  They way they will keep the grass roots support instead of making enemies.  You need people to create a network effect.  How many devs can you sustain with $235k and for how long?  It went from a good idea to a potential bonus bait-and-take.
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November 30, 2016, 08:39:54 PM
 #533

The project has funding issues so they got desperate with the bonus.  What they should have done instead was ask for money from the elite to invest.  They way they will keep the grass roots support instead of making enemies.  You need people to create a network effect.  How many devs can you sustain with $235k and for how long?  It went from a good idea to a potential bonus bait-and-take.

What they should have done is communicate more from the very start and be more transparent. This funding round (for a great project) failed because of a serious lack of communication maybe arrogance or G*d forbid ignorance. It sure looks and feels like they do not have their shit together. 
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December 01, 2016, 04:43:20 AM
 #534

When to launch?

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December 01, 2016, 07:54:15 AM
 #535

When to launch?

Launching what? Extension already done, the browser also announced.
It will be good if devs will make some instructions to extension, btw.

P.S. Truly saying, I think I know the reason of this, and probably it means Kuzmin is well aware and he might be an initiator of this "bonus". Probably some big potential investor (a company, which could be useful for moving this project forward) has shown an interest in investing, but requested to give them bigger advantage so they actually invest. So ICO holders put this bonus specially for that big investor. Or alternatively, this could be Mr.Kuzmin himself - just wanted to get his piece of cake on special terms). One of these two: first guess is good, the second is dirty... That's just а wild guess though, but if I see a really big last moment investment, I will consider this guess to be proved...

I completely agree. And no need to communicate with CEO, 'cause he is certainly informed.

P.S. Drays, you wear cool signature! Smiley it would be great to start a such signature campaign massively  Wink
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December 01, 2016, 01:52:48 PM
 #536

only 322 BTC available till now, it seem not too much money for CEO who own mycelium company.
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December 01, 2016, 01:59:34 PM
 #537

Will Mass be returning the ICO funds to investors should the target amount not be met OR are they committing to deliver the roadmap on the crumbs they've raised?

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December 01, 2016, 02:30:27 PM
 #538

Will Mass be returning the ICO funds to investors should the target amount not be met OR are they committing to deliver the roadmap on the crumbs they've raised?

5 hours to go as of this writing before the end of the ICO,I believe they will deliver the road map and all the projects,this is very profitable for them in the long run ,I believe they have enough funds to carry on this project
Investors better hurry up a 55% bonus is waiting for you with only 5 hours to go..

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_ChucK_
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December 01, 2016, 03:36:44 PM
 #539

Investors better hurry up a 55% bonus is waiting for you with only 5 hours to go..

With a minimum of 1 BTC? Yep, already ran.  Grin
If developers have not lied again, the token will be on some exchange. After previous deceptions, token certainly will be cheaper than with your bonus today.

Will Mass be returning the ICO funds to investors ...

Of course not! Their pathetic mendacious last attempt to collect as much as possible, says that the money will remain with them, IMHO.
Alohaboy?!
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December 01, 2016, 04:23:14 PM
 #540

I think they will wait quite a long time with the exchange listing.
That´s what I would do and I also think this would be better for every investor
Now it would be some kind of frustrating dump. but in the long run with some steady success it is a whole different story

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