Topic: [ANN] A New Coin! First Coin on Bitcoin Core v0.19+Dash MN(PoW/PoS hybrid) - page 4. (Read 2817 times)

I’m sorry but no you absolutely are making a huge issue out of nothing and doing everything you can to undermine the project.

Red flag 1 and 2 are essentially the same thing, newbie accounts or inactive ones suddenly becoming active and posting here. They already said we made a big deal about the ANN thread launching, I even wrote an article about it for our Medium and shared it in all our socials to let everyone know so of course it will direct some traffic here as that was the intention to give visibility to this thread.

https://link.medium.com/HpEsA6iXj1

As for actually posting here my 2 posts I made in this thread prior to today have been dealt with here as I got called out as a “professional shillers”

https://bitcointalk.org/index.php?topic=5198234.new#new

Red Flag 3 being the T&C as said it will be dealt with but as it’s the weekend they just did a quick change until the proper fix can be put in place.

So can you please explain what exactly further needs to be done here to address these 3 concerns of yours.

Edit:

Oh and for the record you are making some big assumptions about my feelings on this thread. I am genuinely pissed off, I am not doing anything to “impress my employers” in fact they warned me against venting my frustrations. Also for the record the only things I had to do with this thread was do the Medium article and get it posted on the socials. I had no input in its creation/design/release and just had the 2 posts I had made on it prior to today.

In regards to inflation/total supply:

Hello,

We have 2,500,000 coins being pre-mined. 700,000 of those coins are being distributed to Zentoshi's operating capital which is used to pay our team members and fund our budget. The other 1,800,000 coins are being locked to be unlocked through community governance voting. We have a system being implemented which will enable cold interest on our chain and lock coins for a determined period. This will lock the coins and make them unavailable during that period. We plan to lock these coins in 12 month periods and will carry voting across our community should we find use or need for those coins to be utilized. Otherwise they will be perpetually locked.

At launch we will have a total of 700,000 coins circulating, 50,000 coins being sold as utility for our platforms.

We have an article on our medium that can be found here: https://medium.com/zentoshi/the-zentoshi-budget-e2208693f61e

In which explains this in more detail pertaining to our budget.

Yankee is also a senior level member in our organization with a C-level title as our Chief Marketing Officer. He is not paid to shill, he is here to lead our marketing strategies and give guidance to our team members for marketing activities. His word is as good as mine. He is actively integrated in our leadership and is a crucial member of our team and we are very happy to have him on board!

Cheers,
Zentoshi Team

My time with Zentoshi has mostly been spent organising their Medium page and team members on socials as well as connecting them to other outlets like CMC, Blockfolio, Messari, etc. I do have figures but as I am not 100% on them I wouldn’t like to say incase they are inaccurate hence why I would like a dev to answer you that knows the correct answer so there is no confusion.

So you are a team member and you do not know what is the total supply? That information is the most important thing for any project. 2.500 000 is a huge premine, but let us discuss that after the information about the amount of TS will be published. Anyway, we are waiting for requested corrections regarding your website, ANN and the information about TS and premine. I hope that next week we will have some updates.
Regards
Alex

They stuck them at the bottom as a quick fix, a proper sheet is being created as is the team page on the website so will be updated once they are ready.

Getting the devs to answer you about the supply questions as I wouldn't want to give an incorrect answer so someone should be along shortly to answer your query.

I am not a dev just a team member helping them out with some things and answering questions where I can.

@jollygood

I'm sorry but you come in here all high and mighty making a huge post about all these huge "RED FLAGS" and claims. Most of them have now been resolved and those that haven't are being worked on.

They have said the T&C issue will be sorted and it will but it is the weekend (Sunday) and not everyone is readily available on call 24/7 for a matter that while you may find as hugely important, in the grand scheme of things it is not exactly priority number one and can wait until Monday.

As for my "condescending manner" and "misdirection" maybe it's because you came in here making a huge post with big "RED FLAGS" based on your professional assessment of the project, just stopping short of calling the entire project a scam. I personally have taken offence to that knowing the work that people have put into Zentoshi by actually talking to the team and working with them despite me only joining them 2 weeks ago.

So yeah I fully admit I am a bit pissed off with this thread turning into a shitshow as it undermines all the work that has been done to get Zentoshi ready for launch.

I see. OP saved some money and time. He did not changed anything in ANN. He just added all links at the end of the topic as a post. Ok. We have 2 500 000 coins as a premine.... Could I ask what is the total supply? because it is not mentioned in "Economic Specification" And one more question. Are you a developer or a team member? Because you are answering all questions instead of OP.

Adding social media links of all or most team members is not essential but it brings about more confidence for their user base or potential user base. What is key here is the manner in which they are dealing with anything they deem as criticism.

They claim they did not pay for shills but shills have been posting here.

They expect users from this forum to go their Discord but their own team is asking questions here.

They post in a condescending manner or trivialise concerns just to cause misdirection. They think by either burying their inept reply to specific questions under a largely worded paragraph or by counter-questioning they somehow are helping their cause.

The links for team members are all in the OP (at the bottom) as requested. I believe they are also being added to the website too once some other tasks are completed.

Coin Specs are in the OP and also in the post directly above yours.

I advised OP to update the thread with links to team members social media profiles provided by him.

https://bitcointalksearch.org/topic/m.52959117

But nothing was done. And one more question. What is the total supply of coins and how big is the premine? Nobody is accusing your project of being a scam. We are just trying to help you with a proper presentation of it. Advises are not scam accusations. But unfortunately you are ignoring all our efforts.

Yes team members not having social media links in not mandatory but it helps in the decision making progress when contemplating if the project is bonafide or not. It was not myself or Rikafip that raised that point, it was another forum member.



Yet you ask the genuine question here in this forum so you and others could receive the genuine reply but their team expect others to join the Discord to ask genuine questions that concern them?



The fact that you have trivialised such an essential aspect of the trust building exercise by mentioning 'T&C’s in the footer of the website, like seriously scraping the barrel with that one' in the condescending manner you opted shows attempt at part misdirection and part ignorance on your part. It took around 36 hours from me informing them that the two essential policies links in the footer of their website were being diverted to a boiler plate PDF document.

I completely reject the notion that 'They have said they will resolve it, it’s the weekend not everyone is at work as people will be spending time with their families and loved ones' because that is the last thing any serious project would push out.

The links now point to zentoshi.com rather than https://www.cips.org/Documents/Resources/Downloadable documents/CoreClausesBoilerPlate.pdf and it took them around 36 hours just to do that.



There is no witch-hunt but there is a common misconception on part of those promoting this project just like others have promoted other projects in the past and that is they believe they are due some sort of respect or acknowledgement for the work and efforts they have allegedly put in to their project along with the alleged financial funds they have spent to get to the stage they are at.

In respect to this project, if things ever take off and this project ever goes live there are funds that are pre-mined. In any case this team has not exactly done this community or the wider crypto-world any favours by intending to release their project so they should not be expecting any congratulations, thanks or acknowledgement.







The bumping or posting by a member that has some history in this forum is not an issue but when newbies flood any thread it raises questions.

Instead of answering these very important question it raises more questions when the team behind the project decide claim some of their loyal Discord users who are not familiar with this forum decided to visit here to ask questions when users from this forum are being told to join their Discord to ask questions so things can be cleared up in 5 minutes.

It is the lack of transparency that the team are providing that fuels the questions and might give the impression of making mountains out of molehills for those that do not want to clearly and definitively answer questions.



There is nothing funny about this situation and why on earth would people from this forum feel the need to join the Discord of a project just to ask questions when it was the project team that decided to use this forum to make announcements about there up and coming project? That is not how things work.

And as for calling it a scam, I explicitly made a post stating I cannot call it a scam and that view remains until I see something that makes me change my mind. What I do see is a team of dreamers that are way out of their depth and their incompetence will contribute to the failure of any achievable goals they might have.



I find your take on this situation extremely disturbing, you have followed the same defensive attitude that their official user account has used but on your part that is simply because you have a vested interest in this project and you are part of the team.

To be honest I think it’s very simple:

1 - Team page having mandatory social links is not something I have ever been aware of. I have worked for Stakenet for 2 years and I’m not even on the team page there as I have no desire to be in the spotlight and would prefer to be anon, which to be fair is one the the hallmarks of crypto. Certain team members don’t mind however and that’s there choice.

2 - As already stated that the BTT Ann thread was announced on all Zentoshi social channels as going live so of course community members will come and post to show support. I made 2 posts myself, 1 of which was a genuine question at the time however but still I could have easily asked on Discord I suppose.

3 - We are talking about T&C’s in the footer of the website, like seriously scraping the barrel with that one. They have said they will resolve it, it’s the weekend not everyone is at work as people will be spending time with their families and loved ones.

Frankly I find this entire “witch-hunt” for lack of a better term disgusting. I have only been with the team for 2 weeks but there are people that have been working on Zentoshi for well over a year to get it ready for launch. All funded by their own personal finances, there is no ICO or anything like that with which they have raised funds and you come in here with these accusations making huge posts to discredit everything they have worked on.

Sure I guess some mistakes where made with the ANN thread in regards to thread “bumping” rules but that’s like literally it and you are making this molehill into a mountain. They have stated the issues raised will be resolved so no problem.

It’s funny but all of this could have easily been resolved in 5 mins just by joining the Discord or something and talking with the team directly but guess it was “quicker” to make a huge post to try and discredit everything as a giant scam I guess.....

If you'd like I can explain how I arrived here personally. I have also explained about two lines up where I went when accusations began to fly.

Thank you for your reply. Good afternoon to you too.

I find it hard to believe your reasons for effectively launching your website with so many issues regardless of when your project is supposed to go live.

I also find it hard to believe that you cannot explain or justify why sock-puppets accounts (controlled by a paid shills service or otherwise) have miraculously found this thread to ask questions and prompt answers from you followed by another miracle that they stopped posting here as soon as questions of integrity were raised.

When a project has so many issues long before their launch date, it really cannot be taken seriously.

Keep posting updates and stuff, don't leave the entire thread to one guy's issues.

I am still here, I have been monitoring this thread to see how the team handled and resolved it. You all have pointed out many concerns and criticisms that seem to hold some validity. I felt that I should withdraw myself for a while until things resolved themselves.

Please see my reply here:

https://bitcointalk.org/index.php?topic=5198234.new#new

Hello Jolly, good afternoon,

Our legal team had until November 7th, that was the deadline we gave them to finish these documents among others for our LLC. I appreciate your patience as if you are a business owner and have created these documents before you might be aware that they aren't just procured in a single day and our team works Monday-Friday. We've turned this into a priority to get fulfilled as soon as possible within next week (Monday-Tuesday). Thank you for your concerns


Hello Rikafip,
Cameron who is indeed yankee posted his formal response at your thread:
https://bitcointalksearch.org/topic/zentoshi-shilling-their-own-ann-thread-5198234


Neither him nor our developer who we just recently brought on the team are shilling services but team members. They posted genuine questions about the project, our dev posted a question that he thought most people wouldn't know about balloon algo and that he thought we should expand upon. Neither were paid for this and did this out of their own free will,
Hope this clears up some confusion, as I'd like to restate what we previously stated:
We did not pay a cent for any kind of bump or shilling services
There is nothing to hide, as you can tell by their usernames they had no intention to hide the fact that they are team members, nor did we.
Please let us know if you have more questions,
Yours in service,
Zentoshi