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Topic: 🚀 |ANN| MYSTERIUM NETWORK - Decentralized VPN built on blockchain |MYST| - page 10. (Read 127389 times)

jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
Remember to follow us on Medium as we should have a post this week recapping our progress for Q3 2018.

https://medium.com/mysterium-network
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
I have found spreadsheet of signature bounty on slack in bounty channel, , is it finished or when will it be updated?

Hi, the bounties where during the ICO period last year. We may have some incentives to run your own Mysterium node on TestNet. When the MYST payments system has been implemented you will be able to earn tokens for helping provide a secure connection to those in need.

https://mysterium.network/node-runners/run-test-node/
newbie
Activity: 28
Merit: 0
I have found spreadsheet of signature bounty on slack in bounty channel, , is it finished or when will it be updated?
hero member
Activity: 994
Merit: 513

(…)

Hi, thank you for your feedback. I have shared it with the team. Also keep in mind that there are economic incentives in the network. As for some of the new team members they include a Chief Financial Officer and a Business Analyst. More details will be provided in a Medium post. https://medium.com/mysterium-network

We are exploring various possibilities for our community to make use of the MYST token until Mysterium VPN app goes to market. We are also exploring options for nodes to onboard on various platforms to start receiving MYST tokens. More news on this in the coming weeks, stay tuned.

Honestly, if I were in your shoes, I'd think about a good strategy to phase out the MYST token completely and replace it with another, more general currency (i.e. BTC/ETH) without completely screwing over current holders. I'm not sure if such a solution exists, and it will probably give a lot of grief in the short term in any case, but in the long run, I really don't see a way around it.

Otherwise, you are coupling the future of your project to a number of unknowns of which you simply don't have any influence and, even worse, which are not directly related to your base project. I mean, even if your token was the best solution (whch I still highly doubt), looking at the overall Ethereum token craze aftermath would lead me to the solution that we'll see a huge drop in interest in that particular field. And then you have to explain to a completely disillusioned and fed up public "yeah, we know most tokens suck, but we are legit, trust us!". They won't listen.

And this "exploring various possibilities", come on. You are a VPN project, that's where your focus should lay. Are you seriously trying to shoehorn your token into your system, even if it is a bad fit? What if all the evidence would tell you that it was a bad idea, and commiting to it, no matter what, won't make it a good idea?

Also, in addition to hiring economy people, it might be a good idea to get some outside people to take a look at what you're doing. People who don't have to toot the companies horn in order to not lose their job, you know…
newbie
Activity: 56
Merit: 0
i  remembered, You should not look if you want get profit
The price can rise 20 times Comparison ico
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
Join our Telegram group for Testing of MysteriumVPN app for Windows. Use and test our VPN app for FREE & help us by providing your feedback.

https://t.me/joinchat/Fcbq80z_3SCRZR8j-QLAGw
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager

(…)

In regards to what payment method is the most suitable for Mysterium platform, we strongly believe that our crafted promise based payment approach using MYST token will solve the problem(P2P value transfer without 3rd party involvement). There are other approaches on the market and every approach has it’s technical challenges and limitations which restricts projects from easily switching between them.

Ok, so it looks like as if the token is a pure means of payment. This is a problem, because the extra friction that buying selling first BTC/ETH, then the token, will drive users off the project. Plus, due to the weird intricacies of token economics, the value of the token is almost completely decoupled from its utility.

Our project has received funding, has a clear whitepaper with milestones and a team of security and privacy experts that has grown strong from 4 to 30 and growing.

I think it's time to add some economy experts.


Hi, thank you for your feedback. I have shared it with the team. Also keep in mind that there are economic incentives in the network. As for some of the new team members they include a Chief Financial Officer and a Business Analyst. More details will be provided in a Medium post. https://medium.com/mysterium-network

We are exploring various possibilities for our community to make use of the MYST token until Mysterium VPN app goes to market. We are also exploring options for nodes to onboard on various platforms to start receiving MYST tokens. More news on this in the coming weeks, stay tuned.
hero member
Activity: 994
Merit: 513

(…)

In regards to what payment method is the most suitable for Mysterium platform, we strongly believe that our crafted promise based payment approach using MYST token will solve the problem(P2P value transfer without 3rd party involvement). There are other approaches on the market and every approach has it’s technical challenges and limitations which restricts projects from easily switching between them.

Ok, so it looks like as if the token is a pure means of payment. This is a problem, because the extra friction that buying selling first BTC/ETH, then the token, will drive users off the project. Plus, due to the weird intricacies of token economics, the value of the token is almost completely decoupled from its utility.

Our project has received funding, has a clear whitepaper with milestones and a team of security and privacy experts that has grown strong from 4 to 30 and growing.

I think it's time to add some economy experts.
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
Hey Mysterium team,

could you give me a short "explain it like I'm five (ELI5)" answer to the following question:

Say, you succeed in getting the VPN system to work and say, you opensource the code (which you'd need to do anyway, I guess). What stops someone else from taking your code, changing the payment and bond methods to ETH instead of MYST and then republishes it? Or, to phrase it a bit differently, what technical advantage does a token approach have over a general currency approach?

Thanks in advance


Hi, nothing stops from forking the code and building their own project. We believe by collaborating together and working on the same privacy issue in open source environment we can reach much more than doing this individually alone, please join our movement and you’ll see by yourself. Our project has received funding, has a clear whitepaper with milestones and a team of security and privacy experts that has grown strong from 4 to 30 and growing.

In regards to what payment method is the most suitable for Mysterium platform, we strongly believe that our crafted promise based payment approach using MYST token will solve the problem(P2P value transfer without 3rd party involvement). There are other approaches on the market and every approach has it’s technical challenges and limitations which restricts projects from easily switching between them.
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
Mysterium COO - We are looking for a seasoned Chief Operating Officer to oversee and optimize our organization’s ongoing operations

https://mysterium.network/about/careers/chief-operations-officer/
hero member
Activity: 994
Merit: 513
@ttookk there is currently a large community of active testers, people hosting nodes etc., a hypothetical copycat wouldn't have the same community, so there is that to consider for starters


Bad argument. Since a fork could be pretty much interchangable, it would get traction in no time. All the extra hoops a user would have to jump through to use a token instead of ETH/BTC would drive first new users, then the old ones to the new alternative. With them, the node providers follow.

Unless you have good, technical reasons to use a token, a token approach is always inferior to a general money approach and will eventually be outrun by general money approaches. That's why we don't have Banana-Dollars to only buy bananas with, and Bread-Dollars to only buy bread with and so on.
The only thing a token might still provide at that point is the utility of a discount method. And that'll only work if you find node providers who are willing to play the game that way.

So, are there technical reasons?
newbie
Activity: 8
Merit: 0
@ttookk there is currently a large community of active testers, people hosting nodes etc., a hypothetical copycat wouldn't have the same community, so there is that to consider for starters

Is there anywhere I can buy more MYST? - perhaps some sort of ETH token escrow
hero member
Activity: 994
Merit: 513
Hey Mysterium team,

could you give me a short "explain it like I'm five (ELI5)" answer to the following question:

Say, you succeed in getting the VPN system to work and say, you opensource the code (which you'd need to do anyway, I guess). What stops someone else from taking your code, changing the payment and bond methods to ETH instead of MYST and then republishes it? Or, to phrase it a bit differently, what technical advantage does a token approach have over a general currency approach?

Thanks in advance
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
Is there any potential for development in the MYSTERIUM NETWORK project? Myst coins lack the necessary market value management, and prices drop too much.


Hi, to our understanding recently it is because Liqui has delisted a number of tokens due to current illiquid market conditions. The Mysterium Team is singularly focused on activities that drive long term benefits for the project such as our macOS and Windows alphas - milestones that will drive adoption. We urge you to download our alpha and give us feedback.

macOS MysteriumVPN Testing https://t.me/joinchat/Fcbq80ps5iZZ7dTE4nXsIw
Windows MysteriumVPN Testing https://t.me/joinchat/Fcbq80z_3SCRZR8j-QLAGw
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
The MYST team needs to further strengthen its marketing efforts so as to attract more investors. The price of MYST has been pretty good in recent days.

I think so aggressive marketing could make this attractive for big investors while there is big room to grow. I also have strong faith in this project it is worth to buy more and support this it will rock.
I am also very positive about this project. The news is constantly published on Twitter (https://twitter.com/MysteriumNet) - the team really works. And this is the most important condition for success.


Thank you! Correct, we are very active on all of our media with news and development updates. We also have one of the most active GitHub repositories in all of crypto.

Please be sure to follow and subscribe to the following:

Telegram:
 Rules & FAQ - https://t.me/MysteriumRulesAndFAQ
 Announcements - https://t.me/MysteriumOfficialAnnouncements
 Node Testing - https://t.me/mysterium_network_nodes
 English - https://t.me/Mysterium_Network
 中文 / Chinese 🇨🇳  - https://t.me/MysteriumChineseChat
 在WeChat上添加Esaellee以进行邀请
 pyccкий / Russian https://t.me/mystRU
 Español / Spanish - https://t.me/mysterium_network_espanol

Website - https://mysterium.network
Twitter - https://twitter.com/MysteriumNet
Medium - https://medium.com/mysterium-network
Reddit - https://www.reddit.com/r/MysteriumNetwork
Facebook - https://www.facebook.com/MysteriumNet
Slack - https://mysterium-network.slack.com
Bitcointalk - https://bitcointalksearch.org/topic/ann-mysterium-network-decentralized-vpn-built-on-blockchain-myst-1895626
Steemit - https://steemit.com/@mysteriumnetwork
YouTube - https://www.youtube.com/channel/UCBxzWnZEHvuj-nfP00YImHQ
GitHub - https://github.com/MysteriumNetwork
Newsletter - http://www.subscribepage.com/MysteriumNetwork
Whitepaper - https://mysterium.network/whitepaper.pdf
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
The MYST team needs to further strengthen its marketing efforts so as to attract more investors. The price of MYST has been pretty good in recent days.
I think the MYST team needs to do it because the price of this coin is very decreasing now $ 0.079910 USD. MYST price is not yet good because you can see MYST coinmarketcap still decreasing (red).

It showing lack of interest of new investors majority of the people are afraid due to current market situation very long bear phase killing very badly to all promising market. I already picked a lot on cheap price I hope soon it will start rising this idea is still very big.


We are working very hard towards our goal of reinventing privacy, security and freedom on the internet. Thank you again for being part of our community.
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
The MYST team needs to further strengthen its marketing efforts so as to attract more investors. The price of MYST has been pretty good in recent days.
I think the MYST team needs to do it because the price of this coin is very decreasing now $ 0.079910 USD. MYST price is not yet good because you can see MYST coinmarketcap still decreasing (red).


Hi, please see comments to answers above for our upcoming marketing developments. Current situation is because of Liqui delisting and market conditions. We are focusing on the product and ways to grow adoption like partnerships and business relationships.
jr. member
Activity: 406
Merit: 2
Mysterium Network Community Manager
The MYST team needs to further strengthen its marketing efforts so as to attract more investors. The price of MYST has been pretty good in recent days.

I think so aggressive marketing could make this attractive for big investors while there is big room to grow. I also have strong faith in this project it is worth to buy more and support this it will rock.


Hi, thank your for your support and faith in the project, we really appreciate it. Please see the comments above regarding our upcoming marketing developments.
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