[ANN][DEFI & CEFI] Psyche.Cash | The Future of DeFi | Private sale

[Roidz]

yes of course our hopes are the same, the position when selling the ICO used to be very lucky for the present I think it's about the difference in eth prices or others who receive payment at the time of sale will definitely have more benefits for the current situation, hopefully the team makes use of it useful and as well maybe

it just takes a long process if you want to reach the value or price of ICO but if their team has the right strategy it will definitely be good , especially the current market conditions the eth price is very high hopefully that it can have a good effect .

but at least the team must have information disclosure to their community both on telegram social media, because of course investors will continue to ask how much has the development of the pshyce project and as a bounty participant, of course I personally hope that this project will be able to continue to develop in accordance with the roadmap. them, oh yes, does anyone know when the payment for bounty participants will be made, because the bounty manager said that the payment was delayed due to the high gas costs, has the bounty manager issued a definite date?

[necromastery]

The thread so quiet without any developments information, as well as seen at the social media account. I'm sure behind the scenes, you guys must have something to do, but is there nothing newsworthy to this community? The site is under maintenance, has anyone noticed how long has it been?

I don't really pay attention to this project, but I think MAINTENANCE hasn't lasted long,

It might be routine maintenance, hopefully it won't take long for us to see it again. I still consider this project is alive, but somehow they don't seem enthusiastic about developing it, maybe because the funds they get are limited, so development is slow. I hope that's not forever an excuse.

[koang]

does anyone know when the payment for bounty participants will be made, because the bounty manager said that the payment was delayed due to the high gas costs, has the bounty manager issued a definite date?

There is no definite date, Bounty reward is determined by the gas fee
The distribution has been structure, the gas fee has been set to 12 Gwei.
The transaction will trigger itself when the gas price hits the set spot.

[asyakashi]

The thread so quiet without any developments information, as well as seen at the social media account. I'm sure behind the scenes, you guys must have something to do, but is there nothing newsworthy to this community? The site is under maintenance, has anyone noticed how long has it been?

I don't really pay attention to this project, but I think MAINTENANCE hasn't lasted long,

It might be routine maintenance, hopefully it won't take long for us to see it again. I still consider this project is alive, but somehow they don't seem enthusiastic about developing it, maybe because the funds they get are limited, so development is slow. I hope that's not forever an excuse.

apparently the website is still not recovering, they are running quite slowly and have a lot of delays, but they should be more active in interacting with the community so that they won't lose fans of the psycash project, we really need a team presence here

[PsycheUSD]

When one is silent and get noticed in the noise... that is not only interesting but very encouraging. Psyche is achieving, thanks to you guys.
 
The website is being changed to a completely new design to more focus on user experience, business and project development. The previous was focus on the token sale, with relevant information. Hopefully, you will see a new one very soon.

The App is almost finished and will go for internal experimentation in the coming week following with testing on a bigger level.

The App is a beautiful and comprehensive design, that has several features which none of the current wallet apps has. Developing all those features required a lot of manhours, we are working on that from months, even way before launching this thread. The App has RefleX network, ETH network, converting tokens from ETH to RefleX and vice-versa and staking. All the benefits what Psyche offers are on the RefleX network, to jump on RefleX, one needs to have the ERC20 tokens.  We prefer to post a real and experiencing update than just regular updates.

Regarding the bounty payment: The gas fees are quite crazy from the past 2 months and spending the raised fund for the gas does not make any sense. Those funds need to spend on project development which is good for everyone. If the project does not move forward, there would be no use of the coin itself. Hence, the people who are interested to receive coin then can pay for the gas and can receive it (we will NEVER contact you first for the gas fee).


But we can't say enough thanks for noticing all the small details, we are grateful for you.

[eXtremal]

I can't wait to see the latest design of the Psycash website and its applications. you are right the cost of gas is very high for now and very unreasonable as you say that spending 2 eth gas is a very large amount, it's just that a little bit of advantage is in the right strategy, we know when ico is going the eth price is quite low and very high at the moment, hope that can push psycash even further

[koang]

When one is silent and get noticed in the noise... that is not only interesting but very encouraging. Psyche is achieving, thanks to you guys.
 
The website is being changed to a completely new design to more focus on user experience, business and project development. The previous was focus on the token sale, with relevant information. Hopefully, you will see a new one very soon.

The App is almost finished and will go for internal experimentation in the coming week following with testing on a bigger level.

The App is a beautiful and comprehensive design, that has several features which none of the current wallet apps has. Developing all those features required a lot of manhours, we are working on that from months, even way before launching this thread. The App has RefleX network, ETH network, converting tokens from ETH to RefleX and vice-versa and staking. All the benefits what Psyche offers are on the RefleX network, to jump on RefleX, one needs to have the ERC20 tokens.  We prefer to post a real and experiencing update than just regular updates.

Regarding the bounty payment: The gas fees are quite crazy from the past 2 months and spending the raised fund for the gas does not make any sense. Those funds need to spend on project development which is good for everyone. If the project does not move forward, there would be no use of the coin itself. Hence, the people who are interested to receive coin then can pay for the gas and can receive it (we will NEVER contact you first for the gas fee).


But we can't say enough thanks for noticing all the small details, we are grateful for you.

Nice word and Great news
New web design and App releases

In the next few weeks, it looks like we will soon see significant developments here and I hope that everything will go smoothly and there will be no delays.

I will keep watching

[shinratensei_]

So the website is down for maintenance and there are no news lately from medium or twitter. Hope everything is ok with this project and this is just temporarery

The team is still mentioning it on its site and that means the team is still working to bring the new update to the site.
It may take one or a few days to make sure the site will be working properly. Sometimes it's really annoying but what we can do it waiting for the update to be done by the team.
I hope it will be finished asap.

[lvsca]

So the website is down for maintenance and there are no news lately from medium or twitter. Hope everything is ok with this project and this is just temporarery

The team is still mentioning it on its site and that means the team is still working to bring the new update to the site.
It may take one or a few days to make sure the site will be working properly. Sometimes it's really annoying but what we can do it waiting for the update to be done by the team.
I hope it will be finished asap.

yes we just wait for it to finish, hopefully there will be many changes that are better than before, and collaborating with other projects will be very good for the development of the psycash project network and the wider reach, besides hoping that the roadmap will also be slightly changed

[cryptoperkele]

The first red flag: If you don't get it, it does not mean it is a joke.

It seems i got it all right, i just thought that you might have real answers and i have missed something in here. It seems that wasn't the case.

The second red flag: You really did not study the project. Token holder did not invest in the space tourism neither it has been said anywhere. Psyche itself will invest in space tourism.

I never said that token holders invest into space tourism. i said your team is doing that (presumably with the private sale money) and i was pointing out between the lines that your investment doesn't benefit token holders. And if it would benefit them, it would be most likely automatically ruled as securities.

The third red flag: I am sure, you would have done your research before calling it an anonymous team. During the sale, the whole team details with their social links were on the website. Now it does not require there anymore so it has been moved. However, you can still find the team if you know how to, have you done the research?

Moved? My bad, i guess that the current potential investors shouldn't pay attention to them? I found them via linkedin and if they are real, i suppose it's good that someone can be held responsible.

The fourth red flag: If you have a serious concern with SEC and FAT or other regulatory frameworks, you wouldn't be here. The basic concept of crypto is P2P, I hope you are done googling that minimum.

You could have answered that you have researched how to fill the requirements to achieve regulatory compliant DeFi (#RegDeFi), but you chosen to admit that you are basically just hoping that you won't get caught because everyone is doing this anyway.

And it sounds like it's you who haven't figured out the concept of cryptocurrencies. Main reason for permissionless cryptocurrencies can exist is because they aren't centralized. When project has a sale/ico/ieo/ipo, SEC can rule your coins/tokens as unregistered securities. And guess what happens then? Who will keep developing this if you are in jail or your bank accounts are seized? And don't tell me that they can't seize your crypto when you have already stated that you will invest in space mining. Those companies btw are very regulatory friendly.

And before claiming that your project is decentralized. It isn't. It revolves around your company because that's what the people paid you for.



I'll leave my quote in here because you basically dismissed it and didn't answer to most of it:

I don't get this. Is this a joke? We are supposed to trust anonymous team that might have just sold unregistered securities to invest their money to space tourism and somehow this would benefit token holders? And somehow this fiat money traffic would happen under the radar of SEC, FATF and other regulatory framework?

And Anonymous balances with supposed stable coins sounds like a regulatory AML nightmare.

[the rise]

Until now, the website cannot be accessed, as promised by the team that it is approaching by launching an application that uses the Reflex network, I hope it will not be delayed anymore because so many have been postponed before, as far as I know, all private sales are sold

[necromastery]

Until now, the website cannot be accessed, as promised by the team that it is approaching by launching an application that uses the Reflex network, I hope it will not be delayed anymore because so many have been postponed before, as far as I know, all private sales are sold

We only can wait for the site to be accessed again, surely I was curious about their new design, I hope he blends in with the fresh colors. It's not certain that it won't delay any longer, the advice already given, depends on how hard he works to speed things up. Information about their private sale result is in here https://twitter.com/psycheusd/status/1339606081824202753

[sukoyomi]

Just seen at Tokpie, https://tokpie.com/dashboard/make_request/usd1-usdt/ USD1 is dumping hard until there's no buy order left, I guess apart from a lack of patience, it seems like their financial need is pressing them to do it. I wonder how psyche team will deal with price pressures after the official listing, people seem tired of waiting for appointments.

[muarip]

Just seen at Tokpie, https://tokpie.com/dashboard/make_request/usd1-usdt/ USD1 is dumping hard until there's no buy order left, I guess apart from a lack of patience, it seems like their financial need is pressing them to do it. I wonder how psyche team will deal with price pressures after the official listing, people seem tired of waiting for appointments.

I have a hunch that it will be difficult for them to keep their promises, many projects end badly and promises are not kept.

[PsycheUSD]

Hello everyone.
The new web is up and the App is already in the internal testing.

As for Tokpie, we are not dumping. We have our funds and investment and focus on project development. These are the hunters who already have their tokens.

We can understand, that people are used to for rapid update about a project, launch > bounty >  exchange >  sale  > moon or... Most of these projects wipe off in the first 6 months or a year.

We may have a slow project "update" announcements because when you have a marathon, there is no new news everyday or every week. It is a long-running process.

As always, we thank you for your support. In the next week, we are calling volunteers for App testing.

[necromastery]

Hello everyone.
The new web is up and the App is already in the internal testing.

As for Tokpie, we are not dumping. We have our funds and investment and focus on project development. These are the hunters who already have their tokens.

We can understand, that people are used to for rapid update about a project, launch > bounty >  exchange >  sale  > moon or... Most of these projects wipe off in the first 6 months or a year.

We may have a slow project "update" announcements because when you have a marathon, there is no new news everyday or every week. It is a long-running process.

As always, we thank you for your support. In the next week, we are calling volunteers for App testing.

The new web display is cool, feels like accessing a different site, being unfamiliar with how it looks. I'd love to be the volunteer, as I said before I want to stake my token at the app when it's ready to use. A week is just a short time to wait, it won't be felt.
Regarding dumping on Tokpie, I always sure it was the bounty hunter. Besides, there's no one say that the psyche team had anything to do with it.

[sukoyomi]

We can understand, that people are used to for rapid update about a project, launch > bounty >  exchange >  sale  > moon or... Most of these projects wipe off in the first 6 months or a year.

We may have a slow project "update" announcements because when you have a marathon, there is no new news everyday or every week. It is a long-running process.

So you sure your project won't end like them? you'll still right there while the people using your app grow quiet?
Ah long journey, which causes the community to gradually disappear, because it could be that in a long time there has been no update at all.

[eXtremal]

and the delay and development is quite slow I see that the talk like the beginning is not really proven because what I have ever remembered is that it will be registered in the next 2 weeks after the sale ends and until now it doesn't show anything

[eXtremal]

When I saw this project first time it looks pretty impressive and interesting to me, but what happened, no news or reports? Hope everything ok and team will show us something soon

they have updated the psyche webpage you can see it soon http://www.psyche.cash, but i don't really look there, i want to see their final application which was said before, but all mum and not on time

[PsycheUSD]

Hi everyone
Here you can find the update. https://t.me/psycheusd/62