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September 11, 2017, 09:36:32 PM
Last edit: September 11, 2017, 09:49:05 PM by Dogedigital |
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We make no disputes that overall investors had accumulated a loss. While the risk was above 1x kelly, it can not be attributed directly to the losses. Several sites have operated at a much higher kelly level and have done just fine (with some even praising and expecting such returns as a result).
Throughout our control, we took steps to adjust to each investor shortcoming, often taking potential and actual losses from our own side to make up for this. We made our BCC and other policies known. We never hid the risks involved and we did not go out of our way to publicly invite users to invest or take part of the bankroll. We have agreed to compensate and credit our investors directly from earnings from different streams of revenue and we intend to keep this promise. No Moneypot team member has received a single dividend nor has been paid for work performed.
We stick by our past statements and policies. The plan is and always has remained the same. Moneypot is going to upgrade to V2, migrate away from gambling being the main focus, and work towards becoming a more complete web wallet solution.
We have advised this same plan to focus on long term growth, stability, and security. After this upcoming phase, the next steps will be instilling the help of the most trusted escrows to carry forward with funds in a very consumer protected manner. Many have divested or left, many have stayed throughout, and others have returned and welcome the coming of V2 and beyond. We want to make every customer happy, including that of old and that of new.
All of our efforts are going towards the next phase and step to make Moneypot and everyone involved content. We are committed to this and we will stand by it. This thread will be locked as we are closing the chapter on V1 and moving towards the V2 one. We thank all those that support this same notion and welcome you to join us in our next transition.
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