Topic: [ANN] [ICO is complete!] Market.space - Decentralized Host Aggregator - page 10. (Read 6883 times)

So when bounty end?

They extended the ICO period because they didn't reach the soft cap ($15m). Why do you think it's a bad idea? What would be a better solution in your opinion? (Assuming that what they raised up until now ($3m+) might not be enough to launch the product.)

Increasing the period of the initial sale probably good or bad for each of his. For me personally, it seems the extension of the sale of tokens isn't a good idea. Well, everyone has their own point of view, of course.

3 out of 15? Less then half...slow dynamic
Im wondering what will they do if that extension doesn't help...?

New 30% bonus
I read in their tgm group

I suppose thats because they wont reach the soft cap till May 27
They raised only 3 246 105 so far...

Wow...unexpected...Why so? What are the reasons for this?

Greetings From Ivan Kurnavin, COO At Market.space
https://medium.com/@Market_space_/greetings-from-ivan-kurnavin-coo-at-market-space-10906ee9e637

On The Turning Point In Market.space’s Timeline And Changes On The Horizon

I am thrilled to have been appointed as Market.space COO. Not so long ago I started my work for Market.space as SMM & Community Manager and a few months later I was assigned new responsibilities as a Head of PR.

From now on, I’ll be in charge of overseeing Market.space strategy and business operations, taking some duties off of Alexander Rakhmanov, our CEO. I will concentrate on brand strategy and forging partnerships. The latter is especially crucial in the light of the new course we’ve recently set our sights on.

However idealistic or trivial it sounds, I believe the future is decentralized. That’s not the last reason why I’ve been putting all my heart into the Market.space project so far, and why I’m going to get down to it even with grittier determination, all that for bringing to life the reinvented data storage — handled by professionals, yet fully unbridled.

Four Weeks Of The ICO Passed. What Now?

Market.space Launching A New Strategy

It’s been four weeks since the start of the ICO.
We’ve raised more than $3.2M so far with your help. Well done, you may note, but trivial calculations would suffice to say that we can hardly reach $15M soft cap moving at such a pace. We’ve recently heard quite a lot of concerns voiced as to the actions course in case we don’t reach soft cap. It’s high time we threw light on the new course of action we’re offering to our Community.

What went wrong?
We believe the main error was to jump straight to the token sale, omitting the private pre-sale round which 90% of projects do, and thus a whole bunch of work with private investors. The market is generally benevolent — we see that from the website analytics, community reactions and the feedback the project meets at the premier blockchain and crypto events.

We should have allocated more time for the token sale period. As we now see from the experiences of other projects (we mean large-scale ones, not these where $1M would suffice), more time is objectively required.

What next?
We are going to make up for this oversight and concentrate on cooperation with private investors and funds. We are inspired to see the interest already expressed by some of them, but we’ll need more time than the 2 weeks left in order to go through the due diligence and seal the agreements with them.

We would like to extend the ICO period for 5 more weeks during which we’ll be constantly keeping you updated on our progress.

What about my contribution?
It would be logical to assume that the aim of it was supporting our crusade for the new, professional data storage and getting hold of our tokens. We understand that it may look to you that things have got out of hand. We also understand that waiting 5 more weeks is quite a long time.

The truth is that we are simply performing a paradigm shift to reach our common goal. We are not going to disappear in the thin air — here the reputation of Rapidgator as an established file hosting company along with the good names of our team members are at stake. Therefore we ask for your patience and loyalty.

So will I get MASP tokens?
Absolutely! But later than you (and we) initially expected. Why not give you the tokens during the two weeks after May 27th? Because we won’t be able to reward our further supporters with these tokens then. That’s because we chose a model without a fixed supply. We would need to issue tokens again, and that would be another token, not MASP. Exchanging would be rather a confusing process for quite a lot of our clients, we believe.

What about Bounty participants?
The same goes for our Bounty participants. The more funds we raise, the bigger your stakes (and thus the amount of tokens you get) will be. We leave it up to you whether to quit our Bounty program on May 27th and give us some time to increase the weight of your stakes, or keep supporting us and earn more stakes.

https://medium.com/@Market_space_/four-weeks-of-the-ico-passed-what-now-76bf17d674d5

The first time looking at this project, I am sure that Market.space is a very promising project. From how to prepare the look in the thread, can be taken conclusion that the team will try as much as possible to get satisfactory results.

Thanks for considering Market.space and voicing your concerns. Passing your feedback to the devs

Quick Thoughts On Cryptocurrency Market
https://medium.com/@Market_space_/quick-thoughts-on-cryptocurrency-market-c2ea4addc226



And The Ups And Downs It May Hold
Cryptocurrencies have never been far away from the headlines over the recent year, and the hype about them doesn’t seem to die down any time soon. So what has been happening on the market of late and what is the coming time hold in store for the cryptos?

One of the pre-dominant features of the cryptocurrencies market is its volatility — some of the highest, as compared to other finance spheres. This is mainly due to the relative novelty of the topic itself — cryptocurrencies are a different kind of financial instruments than are assets, currencies, and collectibles all at the same time. Arising from a sphere that is initially not finance, they have little connection and codependency with the good old global financial system. That is another factor that makes the market unstable.

We’ve seen Bitcoin rise and fall dramatically over the recent years. But the global value of this most established cryptocurrency is only about 43 billion dollars. If Bitcoin is to crash totally, it will have more of a social impact than financial. Sure, some people will lose money, others might go to jail, but if or when this bubble pops, nothing global like the transatlantic crisis after the fall of CDOs in 2007–2008 will take place. So far. Steps influential governments take to regulate cryptocurrencies are yet still either cautious or prohibiting. All these factors stand as reasons why the events on the crypto market are usually tumultuous and at a scale that would devastate the global economy if they were to happen to established financial structures.

Let’s look at some numbers. At the beginning of 2017, the estimated volume of the global cryptomarket was about $18B, with Bitcoin having an 87% share in this. By the beginning of 2018, this changed to almost $600B, which is more than 3000% rise. Bitcoin’s piece of the pie reduced to 37% in June 2017 and then went slightly up again in December. We could definitely say that 2017 has been a year for altcoins.

So far the pattern is, that all the major coins, such as Ether, Cardano, Litecoin, Monero and some others are following Bitcoin in their rises and falls, with Monero having a slightly more independent graph. But this demonstrates that although there’s very little interdependency between cryptocurrencies and other global financial instruments so the crash of one will have little effect on others, cryptocurrencies themselves are extremely correlated. Which is not a good sign for them.

When asked about the future of Bitcoin and other existing cryptocurrencies, most analysts are skeptical. Goldman Sachs’ Steve Strongin predicts most cryptocurrencies falling to zero, not unlike dotcom bubble of the late 90s. Nouriel Robini, the economist who predicted the 2008 crisis well ahead, calls Bitcoin ‘the mother of all bubbles’. Few analysts deny though, that even if cryptocurrency market were to collapse, there will emerge at least a few key players, like Google and Amazon were born from the dotcom crash, but fully transformed. Can we be looking at such players now? Bitcoin is the pioneer and all pioneers have technical limitations, so does BTC, with its low transaction rate and high cost, and low emission cap. Ether seems to have more potential, being a utility token at the same time and having quite a few co-dependent projects which are built upon it. Telegram’s TON has been announced and Telegram’s ICO has already beat the current ICO record by a several times, and TON’s plans sound very ambitions, this seems to be the coin that may just pose an alternative for existing exchange systems, such as Visa and Mastercard.

Many view this as exciting news but also as a potential threat. Cryptomarket is developing much faster than adjustments in government regulations are introduced. Incoming of such a player is referred by many as a potential cause for uncontrolled trade, rise of black markets and grand-scale money laundering. Some even speculate that this was the actual cause behind Telegram’s ban in Russia.

However, as we have seen of late, governments are starting to turn a more friendly face towards cryptocurrencies, with South Korea leading the way in introducing more crypto-friendly policies. And even though Bitcoin has been destined to fall and crash by all and sundry in the world of business analytics, it has fallen and crashed and climbed back up and is still standing.
Still the trend for altcoins eating away at the market cap of the veterans like BTC and ETH is outlined quite clearly.

Mine were displayed after an hour
What payment method did you use?

Hi. We justified all our expenses in White Paper, sections 7 and 8, to be precise. You-re right, the paces of fund raising is slower than we expected. We're currently reviewing our strategy and will come up with some practical solutions pretty soon

In a previous post, btcapparel said they will ask the community to vote for either extending the ICO period or getting a refund. Here it is: https://bitcointalksearch.org/topic/m.36208190:

Hi! Can you give me a link to one page?

I have the same worries actually

I also read quotes, just not when there are more than ten of them in four almost consecutive posts.

I actually read quotes...I mean its better than to read and scroll all thread