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Author Topic: [ANN] 🔥Republia: Leading-Edge Ecosystem and Technology  (Read 45239 times)
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December 07, 2018, 04:28:18 PM
Last edit: December 07, 2018, 08:45:39 PM by JollyGood
 #1941

Current market conditions can indeed be a problem for ICO, delays are better provided the team continues to work and multiply partnerships. but we don't know when the market will improve.

Republia scam and Minexsystem scam are operated by the same scammer team.

The market improving or not will be a factor for both Republia or Minexsystem because both are scams.

If this were a legitimate business I have no doubt things would be different but the core idea of Republia was to scam ICO funds. As for Minexsyatem/Minexpay/Minexcoin that might have started as a genuine project with genuine aspirations to be a crypto visa card service but in the end Borys and his sidekicks pumped the thread to the point with so many lies that no investor believes  them any more.

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December 08, 2018, 02:59:02 AM
 #1942

Current market conditions can indeed be a problem for ICO, delays are better provided the team continues to work and multiply partnerships. but we don't know when the market will improve.

Republia scam and Minexsystem scam are operated by the same scammer team.

The market improving or not will be a factor for both Republia or Minexsystem because both are scams.

If this were a legitimate business I have no doubt things would be different but the core idea of Republia was to scam ICO funds. As for Minexsyatem/Minexpay/Minexcoin that might have started as a genuine project with genuine aspirations to be a crypto visa card service but in the end Borys and his sidekicks pumped the thread to the point with so many lies that no investor believes  them any more.


Major problems in Republia case are:

- people who led Minex to complete disaster now want to make another ICO and want from investors to believe them how this time will be much better.They claim how they learned on theirs mistakes.Did they? Minex failure wasnt just due to incompetence,but also due to deliberate neglecting of things they promised to investors,from whitelist projects fulfilling to keeping price in tight range. People who lead Minex/Republia had more than enough money on theirs disposal but they didnt even try to keep what they promised to investors.They published one after another misleading or completely false announcement until that house of cards fall apart.

- Republia financial part is almost exact copy of Minex - parking rate, promising currency interventions to keep price in tight range, payment card program.

Investors now have to believe that people who ruined one ICO will lead better another one,despite both ICOs share same flawed financial system.Tough and dangerous call for any investor.I made some analysis and found that Republia even with best will ,would not have enough money to effectively use currency interventions to keep price in promised range.Depend of parking rate and rate of selling premined coins,after initial hype,investors will face slower and then faster and faster investment lose.Without significant outer source of money to keep project afloat, project will sink.


 
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December 13, 2018, 08:00:13 AM
 #1943

 A distinctive feature of the Republia project is its approach to security: an innovative protocol is built into the project, ensuring that data and tools are protected in the global ecosystem.
 Republia can be considered as a platform for organizing campaigns to attract investments through ICO, while protecting all blockchain-community from the advent of fraudulent schemes.
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December 13, 2018, 08:09:24 AM
 #1944

Security is a priority for the Republia team, and all important information is stored in Cloud X. It is a decentralized data warehouse that provides guaranteed security for information and tools in the global ecosystem. Republia offers its users a unique digital analogue of Identity Card-RepubliaID.

The main feature of RepubliaID is Advanced security, which minimizes the risks of loss of funds or hacking of user accounts. Moreover, RepubliaID is used to identify users in the voting, exchange and banking system of Republia. In this way, a member with RepubliaID becomes a full member of the community of Republia and can directly influence the life of society.



Republia offers three-tier security-Veracity System:

-The first level is the password and biometric identification of users;
-Second level-confirmation by e-mail + two-factor authentication;
-The third level is RepubliaID.

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December 13, 2018, 08:53:26 AM
 #1945

Veracity System actions when committing suspicious activity of an account:




All user information is located in Cloud X, which provides transparent relationships between community members and minimizes the risks of both informational and financial losses.
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December 13, 2018, 11:56:46 AM
 #1946

Taking into account all the shortcomings of existing market solutions, Republia presents its ICO Platform.

All elements of the Republia ecosystem will be interconnected, as they will complement each other logically.

For example, the consensus will not miss ICO, if such a project already exists in the system, because there is no need to create projects on the platform several times, given the fairly narrow market.

In the personal offices of users will be shown applications of teams wishing to conduct their ICO on the platform and complement the Republia ecosystem with their project.


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December 13, 2018, 08:36:30 PM
 #1947

Republia ICO Platform will allow to expand, add and supplement one or another product of the system.

To expand the ecosystem with your project you need:

- to be a member of Republia ecosystem;
- to have a unique RepubliaID;
- to fill in an application form;
- to pass automated verification Republia Spam-Content Bot;
- to pass an independent expert evaluation, which is carried out by professionals, chosen by the community members;
- to pass successfully a voting stage, in which at least 50% of ecosystem members should take part, while 51% of them will support the hosted project.


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December 14, 2018, 10:04:24 AM
 #1948

I'm starting to worry, there is no news from the team and it is at least alarming how meetings with private investors take place, we need a positive result in order to collect the maximum amount in a matter of hours
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December 14, 2018, 10:05:25 AM
 #1949

Is this project dead?

Have the "devs" given up on this because it was exposed as being nothing more than an elaborate scam

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December 14, 2018, 10:19:26 AM
 #1950

I'm starting to worry, there is no news from the team and it is at least alarming how meetings with private investors take place, we need a positive result in order to collect the maximum amount in a matter of hours
Hello. You need not worry. The team will soon publish news and a report on the work done over the past few weeks .. You must understand that the news can not be thought out if they are not. Be patient.

ps With private investors, everything is fine .. Wait for the official publication.
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December 14, 2018, 10:36:25 AM
 #1951

Republia ICO Platform will allow to expand, add and supplement one or another product of the system.

To expand the ecosystem with your project you need:

- to be a member of Republia ecosystem;
- to have a unique RepubliaID;
- to fill in an application form;
- to pass automated verification Republia Spam-Content Bot;
- to pass an independent expert evaluation, which is carried out by professionals, chosen by the community members;
- to pass successfully a voting stage, in which at least 50% of ecosystem members should take part, while 51% of them will support the hosted project.


As Republia brand ambassador how much do they pay you and what exactly is your "role" as brand ambassador?

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December 14, 2018, 12:32:47 PM
 #1952


As Republia brand ambassador how much do they pay you and what exactly is your "role" as brand ambassador?

1. As a member of the Bounty Company my reward will be paid in coins RPB after its end and 2 months of "freezing" like other participants-April 15 2019. The remuneration will be calculated on the basis of the participation of all ambassadors.
2. My role is painted in the rules. Quote:

"The Ambassador has the right to answer any questions from the community regarding Republia project, including questions about the distribution of coins, team and other frequently asked questions.

The ambassador can also promote, answer questions, communicate with people interested in Republia project in their native language, using Telegram- channels of the crypto-currencies and thematic crypto-exchange forums as a means for communication."
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December 14, 2018, 01:41:01 PM
 #1953


As Republia brand ambassador how much do they pay you and what exactly is your "role" as brand ambassador?

1. As a member of the Bounty Company my reward will be paid in coins RPB after its end and 2 months of "freezing" like other participants-April 15 2019. The remuneration will be calculated on the basis of the participation of all ambassadors.
2. My role is painted in the rules. Quote:

"The Ambassador has the right to answer any questions from the community regarding Republia project, including questions about the distribution of coins, team and other frequently asked questions.

The ambassador can also promote, answer questions, communicate with people interested in Republia project in their native language, using Telegram- channels of the crypto-currencies and thematic crypto-exchange forums as a means for communication."


Thank you for the explanation.

I am trying to engage in a civil manner with Racquemis1 and TeMHuK, I would appreciate it if we could also engage a polite manner with both respecting any opposing views but always presenting arguments and debates in a friendly manner. Thank you.


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December 14, 2018, 02:27:01 PM
 #1954


As Republia brand ambassador how much do they pay you and what exactly is your "role" as brand ambassador?

1. As a member of the Bounty Company my reward will be paid in coins RPB after its end and 2 months of "freezing" like other participants-April 15 2019. The remuneration will be calculated on the basis of the participation of all ambassadors.
2. My role is painted in the rules. Quote:

"The Ambassador has the right to answer any questions from the community regarding Republia project, including questions about the distribution of coins, team and other frequently asked questions.

The ambassador can also promote, answer questions, communicate with people interested in Republia project in their native language, using Telegram- channels of the crypto-currencies and thematic crypto-exchange forums as a means for communication."


Thank you for the explanation.

I am trying to engage in a civil manner with Racquemis1 and TeMHuK, I would appreciate it if we could also engage a polite manner with both respecting any opposing views but always presenting arguments and debates in a friendly manner. Thank you.

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."
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December 14, 2018, 03:21:49 PM
 #1955

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

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..CASINO....SPORTS....RACING..
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yurez83
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December 14, 2018, 04:00:11 PM
 #1956

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.
thunderjet
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December 15, 2018, 05:10:36 AM
 #1957

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.



yurez83
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Activity: 420
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December 17, 2018, 08:08:52 AM
 #1958

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...
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December 17, 2018, 11:55:56 AM
 #1959

Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.



Is it possible that people will disassociate Minexsystem/Minexcoin/Minexpay from Republia if Minex actually get cards out there in public hands?

We still wait to see if there will ever be Minexpay cards but regardless people have made the connection between Republia and Minexsystem/Minexpay/Minexcoin that has nothing but negative connotations attached to it.

Both are associated as being either scams or carrying major red flags and people just are not confident investing in these two projects. I am willing to recognise the slight progress made by Minexsystem/Minexcoin with regards to Minexpay cards but we still wait to see cards issued to customers. As for Republia, no chance. They do not deserve the benefit of any doubt.

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BC.GAME
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..CASINO....SPORTS....RACING..
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thunderjet
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December 17, 2018, 07:15:17 PM
Last edit: December 17, 2018, 07:34:28 PM by thunderjet
 #1960

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid returning money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"

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