[irregularities] Mass Network

[drays]

Lastest ICO news ?

The ICO is ended.

TOTAL FUNDS RAISED: 332.148 BTC (250,333 USD)

Congratulation to all investor~

On Nov 25 there was about 260 BTC invested. So reputation of project is sold for 332.148 - 260 = 72.148 BTC. I would tell - even less, as many people were waiting towards end of ICO to make their last investment, so they would have invested anyway, regardless of bonus.

So the reputation was sold for about half of that: ~30-35 BTC! Pretty cheap, Mr. Oshchepkov (or Mr. Malley?, not sure which one of you is the author of the great marketing idea), pretty cheap. Well, girls on the street are selling themselves even cheaper, so... why not  

[1714033415]

1714033415

[1714033415]

1714033415

[robelneo]

Lastest ICO news ?

The ICO is ended.

TOTAL FUNDS RAISED: 332.148 BTC (250,333 USD)

Congratulation to all investor~

I hope it is a successful ICO for both parties,the dev should have posted an update here since this is where they get the most numbers of investors and reactions,this is my opinion people are looking for a news either here or by using google search and  bitcointalk always show results

[DaddyH]

So has the ICO ended? Will anyone from the project bother to update this thread with an official response? What's the best line of comms to reach the team (no slack I noticed)?

[Geekphazm]

So has the ICO ended? Will anyone from the project bother to update this thread with an official response? What's the best line of comms to reach the team (no slack I noticed)?

Get news here, no slack is not good, slack helps communication a lot.

[coin-investor]

So has the ICO ended? Will anyone from the project bother to update this thread with an official response? What's the best line of comms to reach the team (no slack I noticed)?

This is really bothering,Ico is finished,yet no update about the recent ICO here,we are interesting to know how the projects will go or is it a successful ICO or not and what willl be next update this,will you release the wallet and when.

[jimbobway]

So has the ICO ended? Will anyone from the project bother to update this thread with an official response? What's the best line of comms to reach the team (no slack I noticed)?

This is really bothering,Ico is finished,yet no update about the recent ICO here,we are interesting to know how the projects will go or is it a successful ICO or not and what willl be next update this,will you release the wallet and when.

Investor relations is sleeping probably. ICO completion is a big deal.  Even though there is a small number of investors you have to make an effort as a company to say something.

[OlegS]

I wish the project success, but now it will be much harder.
On any mention in the media, there may be a very bad comments from the early investors, enemies or competitors (for example: browser Brave or other).
Spot on forever?
There is still time to resolve this issue!

[Colba2016]

I am an early investor that has kept quite.

I thought I was getting a 45% "bonus" over other investors for investing early. I then waited almost 2.5 months and was shocked to see that late investors would get a 55% bonus. Apparently the word "bonus" means nothing and the rules were made up along the way.

As disappointing as that was, the proposed solution is even worse for me and other early investors. By equally increasing by 15% the amount the 45, 25 and 10% investors receive, they decreased the relative amount the earlier investors would receive.

For example:

45% is 4.5 times larger than 10%

But when you add the same 15% to each (45% becomes 60% and 10% becomes 25%)

60% is only 2.4 time larger than 25%

You get the picture. The 'cure' made things actually worse.

Now that the ICO is over the only solution that I can think of that would be fair is as follows:

1.) Mass Networks honors the original bonus scheme of 45/25/10/0% according to the specified dates.

2.) Mass Networks honors the revised bonus scheme of 55% (plus 10% more for early investors) as set out in the recent blog title "Final Bonus".

3.) All bonuses ONLY for 2.) are paid out of the Mass Networks 30% share and NOT out of the investors 70% share; all non bonus portions of the BTC invested after the revised bonus structure was announced are credited with a share of the investors' 70% share at a 1.0 ratio.

I.E.: 1 BTC invested after the revised bonus structure is credited as 1 with no bonus out of the investors 70% share; .55 or .65 bonus is  paid out of developers share.

This would not be that costly for Mass Network as there was only about 60 BTC invested after the revised bonus structure was 'announced.'

By adopting this scheme Mass Networks would go a long way to restoring the investors confidence and I believe a lot of us were actually willing to help this project succeed in any way we could. I for one would have invested more at the end if this stunt had not occured. I wanted to promote the project and donate my time. I might still but...

Whatever is decided increasing the % equally by 15% is acutually worse than just giving the 55% bonus as it effectively makes the most earlier adopters share much lower, and I know about 150 to 160 BTCs were invested at the 1.45 bonus level which affects almost half the investors.  

[jimbobway]

 You got 45%? Imagine someone who invested at 0% only to see late investors get 55%.

[gold969]

Receiving your Mass Coins

In order to receive Mass Coins, you have to make sure that:

Go to https://dashboard.colu.co and create an account (thanks to our partner - Colu.co!). Write down the password and keep it in a safe place - it is not possible to restore your password if you lose it!
Go to Manage Assets, then select Receive Assets
Copy the receiving address
Paste this address in the field below - this is where your Mass Coins are stored.
Colu Address
Use this Colu Address to receive Mass Coins
OK
If you need to send your Mass Coins to another address, make sure that the receiving address is generated in here https://dashboard.colu.co

If you have any questions or if something goes wrong, feel free to ask us.

Mass Network Team

[gold969]

Receiving your Mass Coins

In order to receive Mass Coins, you have to make sure that:

Go to https://dashboard.colu.co and create an account (thanks to our partner - Colu.co!). Write down the password and keep it in a safe place - it is not possible to restore your password if you lose it!
Go to Manage Assets, then select Receive Assets
Copy the receiving address
Paste this address in the field below - this is where your Mass Coins are stored.
Colu Address
Use this Colu Address to receive Mass Coins
OK
If you need to send your Mass Coins to another address, make sure that the receiving address is generated in here https://dashboard.colu.co

If you have any questions or if something goes wrong, feel free to ask us.

Mass Network Team

Address of mon for mass of coin ?, or general and for other chinks ?

[Alohaboy?!]

Receiving your Mass Coins

In order to receive Mass Coins, you have to make sure that:

Go to https://dashboard.colu.co and create an account (thanks to our partner - Colu.co!). Write down the password and keep it in a safe place - it is not possible to restore your password if you lose it!
Go to Manage Assets, then select Receive Assets
Copy the receiving address
Paste this address in the field below - this is where your Mass Coins are stored.
Colu Address
Use this Colu Address to receive Mass Coins
OK
If you need to send your Mass Coins to another address, make sure that the receiving address is generated in here https://dashboard.colu.co

If you have any questions or if something goes wrong, feel free to ask us.

Mass Network Team

Address of mon for mass of coin ?, or general and for other chinks ?

Dear Mass Network investors,
The initial offering of Mass Coin is closed as of yesterday.
We would like to thank you for your support and inform that we have issued one trillion of Mass Coins.
In the course of the next two weeks, you will be able to receive your coins.
Please access your ICO Dashboard (https://ico.mass.network) and follow the steps described in “Receiving your Mass Coins».
Mass Network team

[gold969]

I invested (minimum 1 bts, it was not 2 days back, am now ) little, want to buy in addition chinks on an exchange . When and what exchanges will a coin go out on ?

[jimbobway]

When Mass coins become available in two weeks maybe I will buy them from you -65% of ICO (pre-bonus) if you need the money.

[aioc]

I'm part of the signature campaign and have been promoting Mass Network for almost a month now I understand that the ICO is over,would like to know how and when we will receive our stakes,the campaign manager hasn't update the thread and we don't know when he will update it.

[bspus]

I'm part of the signature campaign and have been promoting Mass Network for almost a month now I understand that the ICO is over,would like to know how and when we will receive our stakes,the campaign manager hasn't update the thread and we don't know when he will update it.

Yeah, me too.
The silence is deafening

[drays]

Looks like the project owners are ashamed to return to this thread, after all the well-deserved blame they have received here

I would expect them to return soon anyway. Maybe they will clean up the thread and delete all the angry investor messages. Remember - this is self-moderated topic. That self-moderation ability was never abused here yet, but well, after what they did, I tend to expect anything from them.

[fortunecrypto]

I'm part of the signature campaign and have been promoting Mass Network for almost a month now I understand that the ICO is over,would like to know how and when we will receive our stakes,the campaign manager hasn't update the thread and we don't know when he will update it.

Yeah, me too.
The silence is deafening

Almost got into this campaign,but when I saw that it will take a month before they give you your rewards and it's not in BITCOIN I ignore it,feel sorry for those who participated seeing their no news about the campaign,if this turns out a very good project then those invested their time will benefit here ..

[_ChucK_]

I would expect them to return soon anyway. Maybe they will clean up the thread and delete all the angry investor messages. Remember - this is self-moderated topic. That self-moderation ability was never abused here yet, but well, after what they did, I tend to expect anything from them.

They will not clean here ... I hope.
In any case, here is my message under the number 581. I think if the numbers change, the messages in the thread will be less )

[MostlyGhostly]

I would expect them to return soon anyway. Maybe they will clean up the thread and delete all the angry investor messages. Remember - this is self-moderated topic. That self-moderation ability was never abused here yet, but well, after what they did, I tend to expect anything from them.

They will not clean here ... I hope.
In any case, here is my message under the number 581. I think if the numbers change, the messages in the thread will be less )

Then keep posting. Anyway what is the incentive on spending time on self-mod threads.