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Author Topic: [irregularities] Mass Network  (Read 91824 times)
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November 20, 2016, 08:15:46 PM
 #461

Thanks for the feedback . Your efforts r impressive ,but.

Can you make the ICO address public or Not ?

Sure not. It was vividly answered right in the first reply.
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November 20, 2016, 09:02:55 PM
 #462

Thanks for the feedback . Your efforts r impressive ,but.

Can you make the ICO address public or Not ?

Sure not. It was vividly answered right in the first reply.
as far as I can see you never answered his questions. but who cares i am out
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November 22, 2016, 04:34:29 AM
 #463

is there any proof that the people at the team site are real? thx

It is not hard to contact each one of them. Someone has already tested. Reached even advisory members. Smiley

Seriously, of course they are real. Those who hold social activities, have links attached. Those who don't can be easily accessed too should someone has such a goal.

The extension is Good. I have installed.

#Is it possible for the you guys to do a team video explaining the technology use and marketing etc... ?
#Can you make the ICO address public ? proof is much more logical than trust/reputation.
#Have you guys been talking to any ,any exchange as of yet ? if yes , is the outcome positive ?

Thank You.

Already asked about the video a while ago; dev are not great about multitasking.

the money/wallet is being used to pay devs, quite a few of them; some are deep in crypto (and some - not exactly innocent type of it that is just about currencies and smart contracts), some — are deeply into big data and data harvesting. So, there's a doubt that an ephemeral ICO image improve is worth even a tiny probability for devs to feel uncomfortable having the relations structure exposed. Again, ICO participants are getting the PRODUCT - the coin. They are not invited in any way into the back stage, the team relation, the inner kitchen. Mass is NOT a DAO.

talking to both low grade such as hitbtc and biter and upper ones too. There will be two places to trade at least, you can be assured.

what about making the ICO address public ?

and if everyone finds an extremely childish excuse when it comes to proper presentation of the product then it will become impossible for the investors to do a risk-reward analysis. Google hangouts , conferences, coin interviews are done for a reason. Thats ok, not going to ask again.

I did not completely understand the course of your thoughts and your logic, but I sense something is not clear so I feel obligated to once again deliver my position.

1)
There's only one goal everyone who pays any attention to this thread has— Mass coin should grow in value over time.

2)
Mass coin is not a share or any other type of equity connected to any team or legal entity. Whatever happens inside those teams is nobody's business but theirs. Those teams or companies did not go public, did not sell shares.

3)
Mass coin value depends mostly on whether the idea behind it will be accepted by the advertising industry (particularly, RTB framework) players. It also depends on the general parameters of advertisement industry but no problems seem to be there: the Internet IS advertising. Coins and tokens behind social networks, incentive payments projects, taxis operators or whatsoever may worry. Mass shouldn't. There's no another advertising industry ICO out there, by the way. The factors above are prevailing as we closing to the point where software module for webmasters is close to launching. Mass has passed the point of no return and even the point of probable failure. From recently, Mass coin value—at this particular stage—much less depends on the particular performance of its team but depends more on general ad industry's response. It is kind of "we've done what we could" situation. Either the idea is picked up by ad industry players and other developers willing to contribute or not. 

4)
Mass coin will only be issued once. The act of its emission is virtually free of charge so it will take place in any case, no matter what amount of money is collected during the ICO. So there shouldn't be any worries about whether it will exist or be traded on exchanges. Sure it will. Simply because there's no reason for it not to.

5)
Mass coin will not be very liquid but I dare to argue that there's no practical need for that for you as a coin holder. First of all, there's no liquidity there except for bitcoins. For example, Waves were dropped in few days 1/3 of value by the as little attempt of sale as approx 10 thousand USD. 10k, Karl! Well, you may say that—unlike Waves that answers no particular need even if it will exist as a real blockchain—Mass may become liquid have the substantial business idea in the background. You would only be partially correct. Due to the tiny size of the entire crypto segment, all projects are "all or nothing". The risk/return aspect is extremely high. Neither Mass coin nor any other coin will be comfortable to trade in any foreseeable future. But chances are, one year from now, you would regret you didn't manage to get a bigger share of this single, one-time-ever emission. 





On which exchange to prepare

WavesBank:www.wavesbank.com

 
 
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November 22, 2016, 10:23:04 AM
 #464





[/quote]
On which exchange to prepare
[/quote]

bittrex, hitbtc, at least
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November 22, 2016, 12:00:29 PM
 #465

Third party escrow?
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November 22, 2016, 01:06:29 PM
 #466

Third party escrow?

First of all, please scroll back this thread a bit and you will see the answer. In short the answer is "please offer someone for the escrow, we will consider if that person has any more esteem as our dev do who are mostly quite well-known".

But let me add something.

"Escrow" has become a part of the genre here in alt coin section. It's a cliche similar to why the forum for cryptocurrency has to have ugly and outdated UI. For the same reasons that nerds and geeks in movies don't comb their hair, don't take shower, and wear cheap clothes that doesn't fit. For no reason. Because it is just not true. And crypto community needs a normal UI forum not this piece of shit. That's one thing.
 
Secondly, If I understand it correctly, the term "escrow" means an arbiter that guarantees:

(1) either that the money that are meant for some specific purpose should be kept unspent until the time comes;
(2) or the money has to be forwarded to a designated party under the fulfillment of specific conditions.


__

Mass Network sell an app coin, that fuels the specific [already existing] application. There's no requirement or need to have any USD or BTC to create the coin at the announced moment. So, there's no purpose to "hold" the funds as in item (1). It's like when you are offered to buy bitcoins, you just buy some bitcoins. Or course, Mass coin is far from being a bitcoin. But it is of the same nature. Technically, there's no problem to emit it because it is just a Colu.com asset. Even if CEO runs away with the corporate cash, there's just no problem to create a distribute the coin. It will be created and it will be distributed, at least because some dev own it (well, WILL own after the distribution) and because there are already quite a few people who have invested. So why waste it? Why would anyone on this planet waste a chance for a pump-and-dump, at least?

Now, to the item (2). Mass Network does not sell equity (as shares of a DAO, for example). Therefore, it does not offer any part of control over ways of product development. So, there's no specific designated party that needs to be protected.

Considering this, what might an escrow exactly do for Mass Network? What functions of it do you mean could you elaborate, please?
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November 22, 2016, 01:53:38 PM
 #467

Third party escrow?

First of all, please scroll back this thread a bit and you will see the answer. In short the answer is "please offer someone for the escrow, we will consider if that person has any more esteem as our dev do who are mostly quite well-known".

But let me add something.

"Escrow" has become a part of the genre here in alt coin section. It's a cliche similar to why the forum for cryptocurrency has to have ugly and outdated UI. For the same reasons that nerds and geeks in movies don't comb their hair, don't take shower, and wear cheap clothes that doesn't fit. For no reason. Because it is just not true. And crypto community needs a normal UI forum not this piece of shit. That's one thing.
 
Secondly, If I understand it correctly, the term "escrow" means an arbiter that guarantees:

(1) either that the money that are meant for some specific purpose should be kept unspent until the time comes;
(2) or the money has to be forwarded to a designated party under the fulfillment of specific conditions.


__

Mass Network sell an app coin, that fuels the specific [already existing] application. There's no requirement or need to have any USD or BTC to create the coin at the announced moment. So, there's no purpose to "hold" the funds as in item (1). It's like when you are offered to buy bitcoins, you just buy some bitcoins. Or course, Mass coin is far from being a bitcoin. But it is of the same nature. Technically, there's no problem to emit it because it is just a Colu.com asset. Even if CEO runs away with the corporate cash, there's just no problem to create a distribute the coin. It will be created and it will be distributed, at least because some dev own it (well, WILL own after the distribution) and because there are already quite a few people who have invested. So why waste it? Why would anyone on this planet waste a chance for a pump-and-dump, at least?

Now, to the item (2). Mass Network does not sell equity (as shares of a DAO, for example). Therefore, it does not offer any part of control over ways of product development. So, there's no specific designated party that needs to be protected.

Considering this, what might an escrow exactly do for Mass Network? What functions of it do you mean could you elaborate, please?

You have a clear and logical explanation,why you should not hire an escrow,but time can only tell if this is the right decision,I hope it is.Massnetwork could be one of the crypto currecy Ico that do not hire an escrow and had a success with it,I guess with this many will follow your leads.


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massnetwork
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November 22, 2016, 02:45:57 PM
 #468

Third party escrow?

First of all, please scroll back this thread a bit and you will see the answer. In short the answer is "please offer someone for the escrow, we will consider if that person has any more esteem as our dev do who are mostly quite well-known".

But let me add something.

"Escrow" has become a part of the genre here in alt coin section. It's a cliche similar to why the forum for cryptocurrency has to have ugly and outdated UI. For the same reasons that nerds and geeks in movies don't comb their hair, don't take shower, and wear cheap clothes that doesn't fit. For no reason. Because it is just not true. And crypto community needs a normal UI forum not this piece of shit. That's one thing.
 
Secondly, If I understand it correctly, the term "escrow" means an arbiter that guarantees:

(1) either that the money that are meant for some specific purpose should be kept unspent until the time comes;
(2) or the money has to be forwarded to a designated party under the fulfillment of specific conditions.


__

Mass Network sell an app coin, that fuels the specific [already existing] application. There's no requirement or need to have any USD or BTC to create the coin at the announced moment. So, there's no purpose to "hold" the funds as in item (1). It's like when you are offered to buy bitcoins, you just buy some bitcoins. Or course, Mass coin is far from being a bitcoin. But it is of the same nature. Technically, there's no problem to emit it because it is just a Colu.com asset. Even if CEO runs away with the corporate cash, there's just no problem to create a distribute the coin. It will be created and it will be distributed, at least because some dev own it (well, WILL own after the distribution) and because there are already quite a few people who have invested. So why waste it? Why would anyone on this planet waste a chance for a pump-and-dump, at least?

Now, to the item (2). Mass Network does not sell equity (as shares of a DAO, for example). Therefore, it does not offer any part of control over ways of product development. So, there's no specific designated party that needs to be protected.

Considering this, what might an escrow exactly do for Mass Network? What functions of it do you mean could you elaborate, please?

You have a clear and logical explanation,why you should not hire an escrow,but time can only tell if this is the right decision,I hope it is.Massnetwork could be one of the crypto currecy Ico that do not hire an escrow and had a success with it,I guess with this many will follow your leads.

We don't "hire" an escrow because we can not understand what it means. Who exactly is good enough for us just to give a spare key of the apartment and 2FA to the e-mail account? Who's that? Someone that can be "hired"? This is nonsense. Barack Obama? Would he be interested.

"Escrow" is just part of the scam genre. You don't need an escrow if you just sell an app coin. You can't have an escrow if you got something that's valuable. 
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November 22, 2016, 08:28:53 PM
Last edit: November 27, 2016, 02:26:51 PM by drays
 #469

"Escrow" has become a part of the genre here in alt coin section. It's a cliche similar to why the forum for cryptocurrency has to have ugly and outdated UI. For the same reasons that nerds and geeks in movies don't comb their hair, don't take shower, and wear cheap clothes that doesn't fit. For no reason. Because it is just not true. And crypto community needs a normal UI forum not this piece of shit. That's one thing.

You know I am with you on most topics, including escrow-related one, but please do not touch the forum UI Grin
This forum's vBulletin-style GUI is the best I have even seen in forums, as its clearly readable, is well balanced, and has no unnecessary shit distracting my attension. All others are either the same, or worse, or awful.

Out of curiosity, give me a link to good forum UI. I am intrigued...

P.S. let sleeping dogs lie...  Grin

... this space is not for rent ...
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November 22, 2016, 11:53:10 PM
 #470





On which exchange to prepare
[/quote]

bittrex, hitbtc, at least
[/quote]
That's very good

WavesBank:www.wavesbank.com

 
 
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November 23, 2016, 12:16:59 AM
 #471


bittrex, hitbtc, at least
[/quote]
That's very good
[/quote]

This project has unique innovation and well planned project,so I believe there's a big chance that it can get listed by any exchange big and small,but's better to get it listed on Yobit,Poloniex and Novaexchange..


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November 23, 2016, 10:01:52 AM
 #472

You can't have an escrow if you got something that's valuable. 

Power is the biggest & worse of all addictions . Escrow gives me the satisfaction that you wont/cant get addicted Smiley

yo
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November 23, 2016, 10:58:23 AM
 #473

We don't "hire" an escrow because we can not understand what it means. Who exactly is good enough for us just to give a spare key of the apartment and 2FA to the e-mail account? Who's that? Someone that can be "hired"? This is nonsense. Barack Obama? Would he be interested.

This is not about who is "good for you" or not, an escrow shouldn't be good enough for you, it just should be trustworthy in the community of investors. If people on this forum trust some other people on this forum as being able to provide a safe escrow in case, for whatever reason, the asker tries to run with their money, then I think you should give this option more thoughts, or do all you can to win the trust of the forum users. Anyway, as we've discussed before, the choice is yours, you might just get fewer investors on Bitcointalk, and maybe you don't need their investments, in this case that's settled.

"Escrow" is just part of the scam genre. You don't need an escrow if you just sell an app coin. You can't have an escrow if you got something that's valuable.  

If you are not holding an ICO, you surely don't need an escrow, aren't you holding an ICO?

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November 23, 2016, 11:25:21 AM
 #474

We don't "hire" an escrow because we can not understand what it means. Who exactly is good enough for us just to give a spare key of the apartment and 2FA to the e-mail account? Who's that? Someone that can be "hired"? This is nonsense. Barack Obama? Would he be interested.

This is not about who is "good for you" or not, an escrow shouldn't be good enough for you, it just should be trustworthy in the community of investors. If people on this forum trust some other people on this forum as being able to provide a safe escrow in case, for whatever reason, the asker tries to run with their money, then I think you should give this option more thoughts, or do all you can to win the trust of the forum users. Anyway, as we've discussed before, the choice is yours, you might just get fewer investors on Bitcointalk, and maybe you don't need their investments, in this case that's settled.

"Escrow" is just part of the scam genre. You don't need an escrow if you just sell an app coin. You can't have an escrow if you got something that's valuable.  

If you are not holding an ICO, you surely don't need an escrow, aren't you holding an ICO?

The dev is relying on the team reputation not to hold an escrow,so it is up to them,we;ll know if this kind of set up is good for their project or not,we;ll know after the ICO is over ,anyway goodluck to this project.

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November 26, 2016, 05:09:45 PM
 #475

Why is there a 55% bonus for late buyers?  As an early buyer of ICO I feel scammed.

they are saying they will explain.
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November 26, 2016, 09:19:36 PM
 #476

Why is there a 55% bonus for late buyers?  As an early buyer of ICO I feel scammed.

they are saying they will explain.

I hope so. Otherwise this is just massive ignorance on mass network.  You don't screw over existing shareholders.  This is equivalent to massive dilution and unheard of.

This is what was meant. It's going to be on the website soon (pls accept our apologies we might have some delays during the weekend):

1) Let us express the apology for the confusion and explain the procedures.

2) If you are eligible for any of the previous bonuses, the amounts invested before upgrades according to the following +15% schedule:
(a) 25 August 2016 (00:00:00) - 15 September 2016 (11:59:59) PST  —  45% —> 60%
(b) 15 September 2016 (12:00:00) - 30 September 2016 (23:59:59) PST    25% — 40%
(c) 1 October 2016 (00:00:00) - 1 November 2016 (23:59:59) PST — 10% —> 25%

3) For those who have already invested, any new amount invested on or after 25 November 2016 (18:00:00) is eligible for the bonus of 65%, not 55%.
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November 26, 2016, 09:21:46 PM
 #477

Why is there a 55% bonus for late buyers?  As an early buyer of ICO I feel scammed.
they are saying they will explain.
Where are they saying they will explain? I see no blog posts, no notifications, no twitter messages, no facebook message, no reply to a reddit post about this and no response from support. Where is that hot-line were we can expect an explanation?

I stand corrected. ^^
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November 26, 2016, 09:32:38 PM
 #478

Why is there a 55% bonus for late buyers?  As an early buyer of ICO I feel scammed.

they are saying they will explain.

I hope so. Otherwise this is just massive ignorance on mass network.  You don't screw over existing shareholders.  This is equivalent to massive dilution and unheard of.

This is what was meant. It's going to be on the website soon (pls accept our apologies we might have some delays during the weekend):

1) Let us express the apology for the confusion and explain the procedures.

2) If you are eligible for any of the previous bonuses, the amounts invested before upgrades according to the following +15% schedule:
(a) 25 August 2016 (00:00:00) - 15 September 2016 (11:59:59) PST  —  45% —> 60%
(b) 15 September 2016 (12:00:00) - 30 September 2016 (23:59:59) PST    25% — 40%
(c) 1 October 2016 (00:00:00) - 1 November 2016 (23:59:59) PST — 10% —> 25%

3) For those who have already invested, any new amount invested on or after 25 November 2016 (18:00:00) is eligible for the bonus of 65%, not 55%.

Still doesn't make sense to me.. (3) For those who have already invested during the bonus periods 25-08 / 01-11 get 65% on any additional investment regardless of previous commitment. NEW investors get no bonus?
  
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November 26, 2016, 09:40:29 PM
 #479

Why is there a 55% bonus for late buyers?  As an early buyer of ICO I feel scammed.

they are saying they will explain.

I hope so. Otherwise this is just massive ignorance on mass network.  You don't screw over existing shareholders.  This is equivalent to massive dilution and unheard of.

This is what was meant. It's going to be on the website soon (pls accept our apologies we might have some delays during the weekend):

1) Let us express the apology for the confusion and explain the procedures.

2) If you are eligible for any of the previous bonuses, the amounts invested before upgrades according to the following +15% schedule:
(a) 25 August 2016 (00:00:00) - 15 September 2016 (11:59:59) PST  —  45% —> 60%
(b) 15 September 2016 (12:00:00) - 30 September 2016 (23:59:59) PST    25% — 40%
(c) 1 October 2016 (00:00:00) - 1 November 2016 (23:59:59) PST — 10% —> 25%

3) For those who have already invested, any new amount invested on or after 25 November 2016 (18:00:00) is eligible for the bonus of 65%, not 55%.

Still doesn't make sense to me.. (3) For those who have already invested during the bonus periods 25-08 / 01-11 get 65% on any additional investment regardless of previous commitment. NEW investors get no bonus?
  

they get 55% not 65%
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November 26, 2016, 09:41:57 PM
 #480

Why is there a 55% bonus for late buyers?  As an early buyer of ICO I feel scammed.
they are saying they will explain.
Where are they saying they will explain? I see no blog posts, no notifications, no twitter messages, no facebook message, no reply to a reddit post about this and no response from support. Where is that hot-line were we can expect an explanation?

I stand corrected. ^^

it was supposed to be uploaded in the form of the wordpress blogpost but got f**d up due to the weekend. It will be on the main page on the next morning in SanFrancisco
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