jeffthebaker (OP)
Legendary
 Offline
Activity: 1526
Merit: 1034
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July 29, 2018, 12:00:14 AM |
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Hey all, wanted to highlight a serious issue that I have recently been exposed to.
Over past weeks, there has been massive discontent from community members as it has become increasingly apparent that the executive in charge of GNation have done a lackluster job, to put it lightly- traveling and living lavishly without doing anything in terms of actual development.
Days ago, it was exposed that a faction of long-time GameCredits supporters employed by GNation unhappy with management have split to create GameCredits Foundation. This is massively unsettling because we now have a situation where the subset of employees responsible for what development has taken place over the past year+ are disconnected from the $200 million + ICO funds. Investors in ICO that have stuck around are in a position where their money sits with what amounts to little more than conmen.
I wanted to share this all with you because it represents an unsettling nature of ICOs which suggests that there is really no accountability by teams to deliver what they plan to do. This is coming from one of the oldest projects in cryptocurrency.
What do you guys think this will mean for the future of both currencies? Which have both absolutely tanked in the past weeks regarding the atmosphere of surrounding communities. Are there other currencies that could see similar fates?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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VanDeinsberg12
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July 29, 2018, 12:18:25 AM |
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Hey all, wanted to highlight a serious issue that I have recently been exposed to.
Over past weeks, there has been massive discontent from community members as it has become increasingly apparent that the executive in charge of GNation have done a lackluster job, to put it lightly- traveling and living lavishly without doing anything in terms of actual development.
Days ago, it was exposed that a faction of long-time GameCredits supporters employed by GNation unhappy with management have split to create GameCredits Foundation. This is massively unsettling because we now have a situation where the subset of employees responsible for what development has taken place over the past year+ are disconnected from the $200 million + ICO funds. Investors in ICO that have stuck around are in a position where their money sits with what amounts to little more than conmen.
I wanted to share this all with you because it represents an unsettling nature of ICOs which suggests that there is really no accountability by teams to deliver what they plan to do. This is coming from one of the oldest projects in cryptocurrency.
What do you guys think this will mean for the future of both currencies? Which have both absolutely tanked in the past weeks regarding the atmosphere of surrounding communities. Are there other currencies that could see similar fates?
both are crap projects. those dumb investors have been betting their luck on shitty icos called mobilecrap and gamecreshit. Look at how shitty both of projects. They have no product or even a good development. |
| .......[url]CHOOSE LIFE ♦ CHOOSE SPACE ♦ CHOOSE FRIENDS...........[URL].....► C O M I N G S O O N..... |
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jeffthebaker (OP)
Legendary
Offline
Activity: 1526
Merit: 1034
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July 29, 2018, 12:25:03 AM |
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Hey all, wanted to highlight a serious issue that I have recently been exposed to.
Over past weeks, there has been massive discontent from community members as it has become increasingly apparent that the executive in charge of GNation have done a lackluster job, to put it lightly- traveling and living lavishly without doing anything in terms of actual development.
Days ago, it was exposed that a faction of long-time GameCredits supporters employed by GNation unhappy with management have split to create GameCredits Foundation. This is massively unsettling because we now have a situation where the subset of employees responsible for what development has taken place over the past year+ are disconnected from the $200 million + ICO funds. Investors in ICO that have stuck around are in a position where their money sits with what amounts to little more than conmen.
I wanted to share this all with you because it represents an unsettling nature of ICOs which suggests that there is really no accountability by teams to deliver what they plan to do. This is coming from one of the oldest projects in cryptocurrency.
What do you guys think this will mean for the future of both currencies? Which have both absolutely tanked in the past weeks regarding the atmosphere of surrounding communities. Are there other currencies that could see similar fates?
both are crap projects. those dumb investors have been betting their luck on shitty icos called mobilecrap and gamecreshit. Look at how shitty both of projects. They have no product or even a good development. GameCredits is one of the first ICOs (precedes ETH) and at one point last year was the highest ROI of any ICO in the entire world. MobileGO was the second largest ICO at time of execution. So clearly the projects were not at one point "crap" and "shit". Investors have paid heavily for shitty executives but the framework for success still exist. Unfortunately MGO development remains in the hands of the aforementioned conmen but perhaps GAME could see a change of heart with a strong network of supporters and longtime holders. |
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Greenwinter
Member
Offline
Activity: 207
Merit: 10
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September 25, 2018, 09:59:55 AM |
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Hey all, wanted to highlight a serious issue that I have recently been exposed to.
Over past weeks, there has been massive discontent from community members as it has become increasingly apparent that the executive in charge of GNation have done a lackluster job, to put it lightly- traveling and living lavishly without doing anything in terms of actual development.
Days ago, it was exposed that a faction of long-time GameCredits supporters employed by GNation unhappy with management have split to create GameCredits Foundation. This is massively unsettling because we now have a situation where the subset of employees responsible for what development has taken place over the past year+ are disconnected from the $200 million + ICO funds. Investors in ICO that have stuck around are in a position where their money sits with what amounts to little more than conmen.
I wanted to share this all with you because it represents an unsettling nature of ICOs which suggests that there is really no accountability by teams to deliver what they plan to do. This is coming from one of the oldest projects in cryptocurrency.
What do you guys think this will mean for the future of both currencies? Which have both absolutely tanked in the past weeks regarding the atmosphere of surrounding communities. Are there other currencies that could see similar fates?
both are crap projects. those dumb investors have been betting their luck on shitty icos called mobilecrap and gamecreshit. Look at how shitty both of projects. They have no product or even a good development. GameCredits is one of the first ICOs (precedes ETH) and at one point last year was the highest ROI of any ICO in the entire world. MobileGO was the second largest ICO at time of execution. So clearly the projects were not at one point "crap" and "shit". Investors have paid heavily for shitty executives but the framework for success still exist. Unfortunately MGO development remains in the hands of the aforementioned conmen but perhaps GAME could see a change of heart with a strong network of supporters and longtime holders. btw, MGO isn't stand still too. they've updated their website + released a new roadmap, also listed on Digifinex and Bitforex. |
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jerry0
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September 27, 2018, 08:11:41 PM |
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is that why gamecredit price went down so much?
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frchowe214
Member
Offline
Activity: 402
Merit: 10
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September 27, 2018, 08:15:52 PM |
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Basically all the money form the ICO is for MGO and Game Credits has been a drain on those resources. Now they are doing the right thing by dumping GAME and switching their full attention to MGO. This is why it has just been listed on major exchanges and will announce major partnerships soon
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segotiwul
Member
Offline
Activity: 322
Merit: 10
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September 28, 2018, 01:41:34 AM |
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even though the team separated but they included successful games and many enthusiasts. this will usually open another game with 2 teams from the GameCredits and MobileGO mobile
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jerry0
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October 13, 2018, 12:36:12 AM |
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Is it worth buying any of these? Is mobilego probably the better option?
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HellDiverUK
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October 13, 2018, 02:31:01 AM |
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if the money is already in hand, then greed and lust for domination will arise, many ICO success with hardcap then between the dev team arises disputes for example envion, is this intentional? manipulation?
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jeffthebaker (OP)
Legendary
Offline
Activity: 1526
Merit: 1034
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October 13, 2018, 02:42:46 AM |
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Is it worth buying any of these? Is mobilego probably the better option?
MGO seems to be spending their massive warchest on exchange listings and hype material to pump the price. It's worked so far but who knows how long it will continue. There will be a token swap as well in which all Waves MGO tokens will be swapped for Ethereum MGO. This will increase the eMGO supply by 15%~. Many who are looking to buy in are waiting for this swap to take place as it could lead to a significant price decrease. GAME is hit or miss. If you support the devs and the mission and believe in them it's a great price to buy at but there isn't much infrastructure to support it's current value. I personally hold some of each. |
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