Topic: ** CLOSED ** (Read 35340 times)

I asked this question and he disappeared from the board, not part of the anymore, weird

He will run another ICO campaign for another project as a team member?

Not sure what you mean sir.

Also, holders of MNY will receive payouts from future ICOs also. So if you hold MNY tokens, and in 1 year time they do ANOTHER ICO, you would receive some of those tokens for free, AND payouts from any profit sharing.

It really is a good deal, IMO. And you have to understand, they are a hedgefund, so they will be able to leverage their capital in ways that you and I wouldn't.

he did, see the announcement ODINN posted.

also, lots of events unfolding.  another takeover of a company.  MNY portfolio is expanding quickly even before the MNY ICO has ended.

Not really worried as they need to buy it back for 0.2btc

Anyway

https://monkeycapital.slack.com/files/dmhco/F6FU0J98D/upddate.pdf

What's going on? There were more than 1,300 peeps on their slack!

Can you post the text? You need to be a Slack member to see it

 *OFFICIAL ANNOUNCEMENT* The idea of how to value MNY pre ICO has been a topic of internal discussion ever since we decided to offer the Private Placement Offering. In this line several ideas were floated including doing a pre ICO release of MNY in order to get a qualified valuation of MNY and also to get an idea of how MNY would effect COEVAL and it's traded price. An ultimate executive decision was made by @dmhco (without consensus, which is what led to Peerchemist resigning from the project) last night to go forward with a pre-ICO release of MNY. I do acknowledge that this may have taken many people off guard and may be perceived as being executed in somewhat rash fashion. However, we felt that a hard technical analysis was necessary in order to valuate MNY relative to the Private Offering. We took this approach as a result of the fact that we are seeing serious registration from accredited investors since we posted the Private Offering. These high net worth investors largely, are not previously affiliated with the crypto space. I agree that we should have notified the crypto community before taking this decision.  We have a relatively small team that have been working literally around the clock and don't always have time to answer direct questions and post updates. And I do apologize for that as well. It is our core mission at Monkey to identify how we can effectively bring value to ALL our investors and stakeholders. And the primary model for that is dividends being paid from our underlying businesses to COEVAL holders and holders of MNY which is immediately detailed in the Update Paper posted by @dmhco today (posted above). The first dividends at minimum will be paid in September from DDF. We are fully committed to the ICO being done on a timely schedule. The ICO is still on schedule for 8/8. However the ICO offering will be extended 'open' beyond the one month period. We are also actively identifying an effective technical strategy for MNY distributions to COEVAL in a staggered distribution model on the Waves Platform, and are open to your helpful suggestions. We have identified a technical partner who may be able to assist us with the technical distribution of MNY to COEVAL holders in an automated fashion. We all sincerely appreciate the continued support and value that has continued to pour in from the Monkey Community. And we do want YOU to know that we are: steadily, and with re-dedicated focus and effort, absolutely committed, to seeing the realization of value to COEVAL, MNY and future ICO token holders through our dividend payment method to early, present and future investors in the Monkey Capital CoEval. This is and always will be our top priority. We are also finalizing our White Paper and Private Offering edits and many more questions will be answered therein. I understand that their may be some impatience associated with our questions and answers and that is why we are taking steps to do a weekly podcast and update our blog and otherwise with relevant content as quickly as possible. Please understand that we are sincerely working as hard as we possibly can with the core group that we have here, and that their may be delays in communication. We are employing a strategy to deal with that as effectively as possible for example setting up a shared office where the executive team and advisors as well as staff can better be directed to deal with specifics that arise such as this. I was hired as COO not communications director, so their is an obvious need for that position to be filled, as well as quickly identifying a new CTO, and filling those roles with qualified individuals. Thank you all for your kind support and consideration.

. Gusmys I think it is easy:

COE will still give 10k MNY

Childrentokens will ONLY be distributed to MNY which are sold, NOT given for COE

Ultimately, posession of MNY (given or bought) will give dividends payed in COE.

COE will become more valueble since COE needs to be bought from market to pay the divs.

Childtokens will give extra divs (look at model Dan)

Easy? 

Not really worried as they need to buy it back for 0.2btc

Anyway

https://monkeycapital.slack.com/files/dmhco/F6FU0J98D/upddate.pdf