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Topic: IOTA - page 8. (Read 1473405 times)
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Greetings to everyone, if anybody out there would like to talk about the possibility of an electric car project please reach out to me via message on here. Somewhat off topic but given the details of the Iota project it could correlate. Thanks again and I look forward in speaking with you guys.
I would really suggest you to join the Discord.
Quote
The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week.
https://cointelegraph.com/news/iota-revs-its-engines-for-mainnet-upgrade-launchwith over 1k tps and 10 second confirmation times, this upgrade will bring an entirely new experience to using the current IOTA network - i am really excited how all these updates will affect the course
Of all the projects I told my girlfriend to invest in back in 2017, why did I have to pick this one for her 
Stay cool...
https://twitter.com/iotatoken/status/1292810814123106305
There will be some good news in the near future
update on IOTA, as of early August 2020, summing up the past month, all the main and important points and events are included here https://blog.iota.org/iota-research-status-update-august-2020-d4a78fd29b7e
Greetings to everyone, if anybody out there would like to talk about the possibility of an electric car project please reach out to me via message on here. Somewhat off topic but given the details of the Iota project it could correlate. Thanks again and I look forward in speaking with you guys.
I would really suggest you to join the Discord.
Greetings to everyone, if anybody out there would like to talk about the possibility of an electric car project please reach out to me via message on here. Somewhat off topic but given the details of the Iota project it could correlate. Thanks again and I look forward in speaking with you guys.
I believe it is a relevant question because it contradicts the current narrative which deflects all responsibility for delays away from the IOTA Foundation.
After years without shipping a working decentralised Distributed Ledger Technology (DLT), the IOTA Foundation has successfully pushed the following narrative to the market:
On 14 August 2018, one day after signing the MoU, Ralf Rottmann was visibly excited:
On 29 March 2019 Ralf Rottmann left the Board and insisted at the time:
On 30 March 2019, one day later, Ralf Rottmann insisted again on the same idea:
One year after Ralf Rottmann left the IOTA Foundation, and despite their absolute lack of management experience, the members of the Board of Directors are still involved in day-to-day operations of the IOTA Foundation, from software through marketing to sales and partnerships projects.
The IOTA Foundation claims that the constant delays in shipping working decentralised DLT are due to a variety of reasons. When they were working on cutting edge concepts, they placed the blame on the unpredictability of innovative projects. When they stopped working on cutting edge concepts, they placed the blame on Sergey Ivancheglo. Now that Sergey is gone, they blame the intrinsic nature of software development.
Lack of business management experience should also be taken into account when analysing the reasons behind the dismal performance of the IOTA Foundation.
After years without shipping a working decentralised Distributed Ledger Technology (DLT), the IOTA Foundation has successfully pushed the following narrative to the market:
1.c. The BoD's primary roles and responsibilities are: [...] Setting goals for the Executive Team.
2.f. The Executive Team will run day-to-day operations of IOTA Foundation as the BoD members gradually step back from all operational tasks.
2.f. The Executive Team will run day-to-day operations of IOTA Foundation as the BoD members gradually step back from all operational tasks.
On 14 August 2018, one day after signing the MoU, Ralf Rottmann was visibly excited:
Quote
Good evening! We’ve reached a milestone and I couldn’t be more happy! — We are currently discussing to release a part of the MoU that describes in detail, how we envision the interaction between the BoD and the (new) Executive Team. I am actually working on a blog post detailing the IF organization and making it a lot more transparent. One key change: The Executive Team will be empowered to run the day-to-day operation, while the Board will focus on setting direction, strategy and budget.
On 29 March 2019 Ralf Rottmann left the Board and insisted at the time:
Quote
IOTA Foundation succeeded to build and grow a super capable Executive Leadership team and I am a huge advocate for Governing Boards to not interfere with day-to-day operations.
On 30 March 2019, one day later, Ralf Rottmann insisted again on the same idea:
Quote
As I outlined in my medium post: IF has managed to hire an awesome executive leadership team. One, that I don’t need to “govern” anymore. In fact, I haven’t added a lot of value for a longer period now, apart from representing IOTA Foundation with my name and evangelizing it to people in the industry.
One year after Ralf Rottmann left the IOTA Foundation, and despite their absolute lack of management experience, the members of the Board of Directors are still involved in day-to-day operations of the IOTA Foundation, from software through marketing to sales and partnerships projects.
The IOTA Foundation claims that the constant delays in shipping working decentralised DLT are due to a variety of reasons. When they were working on cutting edge concepts, they placed the blame on the unpredictability of innovative projects. When they stopped working on cutting edge concepts, they placed the blame on Sergey Ivancheglo. Now that Sergey is gone, they blame the intrinsic nature of software development.
Lack of business management experience should also be taken into account when analysing the reasons behind the dismal performance of the IOTA Foundation.
Does anybody know if a member of the Board of Directors of the IOTA Foundation has managed a company with real customers for more than 5 months? Who? Which company?
Does it matter?
knowledge always matter.
Relevant knowledge matters
ok, so "Board of Directors of the IOTA Foundation" has something to do with IOTA knowledge
Does anybody know if a member of the Board of Directors of the IOTA Foundation has managed a company with real customers for more than 5 months? Who? Which company?
Does it matter?
knowledge always matter.
Relevant knowledge matters
Does anybody know if a member of the Board of Directors of the IOTA Foundation has managed a company with real customers for more than 5 months? Who? Which company?
Does it matter?
knowledge always matter.
Does anybody know if a member of the Board of Directors of the IOTA Foundation has managed a company with real customers for more than 5 months? Who? Which company?
Does it matter?
sounds really like a bad joke when you´ve heard Sønstebø´s official noble statements like "I´ve sold almost nothing", "here for the tech, not for the money", (overdrawn) "frozen pizza 4ever" etc., and then see his shady "behind the scenes"-palaver/behavior.
That's true. David seems to have very different public and private discourses regarding his motivation. Here is a summary:
David Sønstebø in private: The money
On 29 March 2018 David Sønstebø said privately:
Quote
Well I see one reason: we lose total control of IOTA, all the work we've done, all the strategy I've had since day 1 will be lost in an instance [sic] as we no longer control the board. Jinn will not sell millions upon millions of chips and become a household name, it will die. I will quit instantly as I am no longer able to carry out any master plan. This has been our strategy since before we even started Jinn, but in order to carry it out the two of us MUST be on the same page and we MUST have the majority in the board.
I genuinely suggest reading up on the strategy of the roman generals both in the battlefield and in the senate
This is no game
I genuinely suggest reading up on the strategy of the roman generals both in the battlefield and in the senate
This is no game
On 13 September 2018 David Sønstebø said privately:
Quote
I will take this here rather than IF Slack
With this our entire strategy for Jinn is gone
I will be selling most of my iotas at the next bull run and then reconsider Jinn's purpose, as we no longer have a path to market
With this our entire strategy for Jinn is gone
I will be selling most of my iotas at the next bull run and then reconsider Jinn's purpose, as we no longer have a path to market
On 6 December 2019 David Sønstebø said privately:
Quote
I refuse to be fucked over by you suddenly announcing a fork and crashing all my value after you cashed out.
It will be a fork meaning 1) The market will crash
that’s a fork that affects my iotas and our Jinn iotas.
Oh, I can? So I should sell now, at 20 cents. Right that’s fair. Since you seem hellbent on not giving a fuck, the only fair road forward is then that you announce your fork post-Coordicide (and all the other major events upcoming in IOTA), when the price presumably goes high. We split Jinn funds and make a joint-announcement. I refuse to be fucked over anymore and have literally years of my life go to waste.
Nowhere close. In those 5 years I could easily have had much, much more (than $30 millions), even without IOTA; so **until the price of IOTA goes back to 60 cents fuck that**.
But don’t touch those iotas, don’t liquidate anything. Remember the goal here is to boost their value and there are some major, major things going on right now that will assist in that
It will be a fork meaning 1) The market will crash
that’s a fork that affects my iotas and our Jinn iotas.
Oh, I can? So I should sell now, at 20 cents. Right that’s fair. Since you seem hellbent on not giving a fuck, the only fair road forward is then that you announce your fork post-Coordicide (and all the other major events upcoming in IOTA), when the price presumably goes high. We split Jinn funds and make a joint-announcement. I refuse to be fucked over anymore and have literally years of my life go to waste.
Nowhere close. In those 5 years I could easily have had much, much more (than $30 millions), even without IOTA; so **until the price of IOTA goes back to 60 cents fuck that**.
But don’t touch those iotas, don’t liquidate anything. Remember the goal here is to boost their value and there are some major, major things going on right now that will assist in that
David Sønstebø in public: The vision
On 4 February 2020 David Sønstebø said publicly:
Quote
Fuck sake, me and Dom (and others in IF and the community) live this shit. We could just cash out years ago, be multimillionaires and chill in some extravagant mansion at some tropical seashore somewhere posting stupid instagram photos with lavish toys and scantily clad women. All with a clean conscience knowing we made everyone who believed in us millionaires. Instead we are exhausting ourselves in front of computers to make our vision a reality.
On 3 July 2020 David Sønstebø said publicly:
Quote
One of the things that you learn coming into this distributed crypto space is that a lot of the people are essentially just out for money. They’re not out for the technology. They’re not out for the ethos, or vision or whatever you want to call it. And if you trust those people, you will get burned.
On 16 July 2020 David Sønstebø said:
Quote
Zero regrets. I much prefer to have a clean conscience and know that everyone that believed in me got a historical payoff. You can't put a price on liberty. I keep working on my IOTA vision out of passion and conviction, not money.
I will look for the ones you mention ("I´ve sold almost nothing", "here for the tech, not for the money", "frozen pizza 4ever) to add them.
sounds really like a bad joke when you´ve heard Sønstebø´s official noble statements like "I´ve sold almost nothing", "here for the tech, not for the money", (overdrawn) "frozen pizza 4ever" etc., and then see his shady "behind the scenes"-palaver/behavior.
a friendly reminder to yourself, greedy scumbag:
HAHHAAHHAHAH a friendly reminder to yourself, greedy scumbag:
the shittyness of this coin/project nvr cease to amaze me
garbage actions.....and why the fuck do you think most ppl even "invest" money into a project...
to see some fucking returns!!!
sounds really like a bad joke when you´ve heard Sønstebø´s official noble statements like "I´ve sold almost nothing", "here for the tech, not for the money", (overdrawn) "frozen pizza 4ever" etc., and then see his shady "behind the scenes"-palaver/behavior.
a friendly reminder to yourself, greedy scumbag:
a friendly reminder to yourself, greedy scumbag:
A new IOTA leak shows that David Sønstebø planned to sell his stake of iotas if he couldn't use the Board of Directors of the IOTA Foundation to make Jinn a success
Plans to sell
On 26 May 2018 Richard Soley joined the Supervisory Board of the IOTA Foundation. Three days later, on 29 March 2018, David Sønstebø said:
https://i.ibb.co/rZFhMFk/1.png
Three months later, on 8 August 2018, Ralf Rottmann, the first member of the Board of Directors who was not a co-founder, said:
Shortly after, Ralf Rottmann resigned from his position.
On 13 September 2018 David Sønstebø said:
https://i.ibb.co/q0st6f5/2.png
On 6 December 2019 David Sønstebø asked Sergey Ivancheglo to not announce the fork before he could dump his tokens on the market at 0,60 cents:
https://i.ibb.co/c25w7Yh/6.png
On 4 February 2020, after David Sønstebø and Sergey Ivancheglo announced their breakup, David Sønstebø announced that Jinn was dead:
https://i.ibb.co/r0nzWSy/7.png
Remember what David Sønstebø said he would do if Jinn could not be a success:
Amount to sell
Apart from his personal stake, David Sønstebø owns 50% of an 86 Ti family-fund (43Ti):
https://i.ibb.co/jHw6dkQ/5.png
Through IOTA AS (aka. Jinn Labs) David Sønstebø also owns, or claims to own, non-reclaimed IOTA tokens (81 Ti):
https://i.ibb.co/wctsFd8/3.png
David Sønstebø also own payments from the IOTA Foundation to IOTA AS in exchange for IP assets (13.5 Ti).
https://i.ibb.co/0Q3sYBH/4.png
In other words, David Sønstebø owns, at least, 4,95% of the total supply of IOTA tokens. An amount much bigger than the 0.8% per founder he claimed in 2017.
Analysis
This new leak includes the first two screenshots in this post. Sergey Ivancheglo (aka. CfB, Come-from-Beyond) provided these screenshots to me in a private conversation on 24 June 2020 and gave his consent for publication.
On 16 July 2020, after I published the leak in Discord, David Sønstebø said in a poor attempt to control the damage that he remained committed to the IOTA vision (no mention to the Jinn vision):
However, it is hard to believe him. Now that everybody knows that David Sønstebø's planned to sell his iotas if he couldn't make Jinn a success, that Jinn is dead indeed and that David's planned exit price is 0,60 cents, everybody will set their ask orders below "the Sønstebø resistance".
Once David gets tired of waiting for the pump (believers buying the Coordicide rumor), he will probably dump his stake and the IOTA "Community" will become a legion of Carlos Matos.
In the light of the above information, speculators should be extremely careful regarding iota tokens and buy the rumor and sell the news at their own peril.
*** THIS IS NOT FINANCIAL ADVICE. I AM JUST DISSEMINATING SOME OF THE FINDINGS OF THE #cleanIOTA INVESTIGATION ***
Plans to sell
On 26 May 2018 Richard Soley joined the Supervisory Board of the IOTA Foundation. Three days later, on 29 March 2018, David Sønstebø said:
https://i.ibb.co/rZFhMFk/1.png
Three months later, on 8 August 2018, Ralf Rottmann, the first member of the Board of Directors who was not a co-founder, said:
Quote
We sometimes forget that the founders chose a *foundation* for a reason. That’s at least my impression. A foundation has no boss. No owner. No founder. No shareholders. All of these superiors roles deliberately cease to exist the moment you decide to do a foundation. For the simple reason to *avoid power grabs at all cost*. Because power grabs are almost always an indication for not being a charitable non-profit.
Shortly after, Ralf Rottmann resigned from his position.
On 13 September 2018 David Sønstebø said:
https://i.ibb.co/q0st6f5/2.png
On 6 December 2019 David Sønstebø asked Sergey Ivancheglo to not announce the fork before he could dump his tokens on the market at 0,60 cents:
https://i.ibb.co/c25w7Yh/6.png
On 4 February 2020, after David Sønstebø and Sergey Ivancheglo announced their breakup, David Sønstebø announced that Jinn was dead:
https://i.ibb.co/r0nzWSy/7.png
Remember what David Sønstebø said he would do if Jinn could not be a success:
Quote
Jinn will not sell millions upon millions of chips and become a household name, it will die. I will quit instantly as I am no longer able to carry out any mater plan.
With this our entire strategy for Jinn is gone. I will be selling most of my iotas at the next bull run.
With this our entire strategy for Jinn is gone. I will be selling most of my iotas at the next bull run.
Amount to sell
Apart from his personal stake, David Sønstebø owns 50% of an 86 Ti family-fund (43Ti):
https://i.ibb.co/jHw6dkQ/5.png
Through IOTA AS (aka. Jinn Labs) David Sønstebø also owns, or claims to own, non-reclaimed IOTA tokens (81 Ti):
https://i.ibb.co/wctsFd8/3.png
David Sønstebø also own payments from the IOTA Foundation to IOTA AS in exchange for IP assets (13.5 Ti).
https://i.ibb.co/0Q3sYBH/4.png
In other words, David Sønstebø owns, at least, 4,95% of the total supply of IOTA tokens. An amount much bigger than the 0.8% per founder he claimed in 2017.
Analysis
This new leak includes the first two screenshots in this post. Sergey Ivancheglo (aka. CfB, Come-from-Beyond) provided these screenshots to me in a private conversation on 24 June 2020 and gave his consent for publication.
On 16 July 2020, after I published the leak in Discord, David Sønstebø said in a poor attempt to control the damage that he remained committed to the IOTA vision (no mention to the Jinn vision):
Quote
Zero regrets. I much prefer to have a clean conscience and know that everyone that believed in me got a historical payoff. You can't put a price on liberty. I keep working on my IOTA vision out of passion and conviction, not money.
However, it is hard to believe him. Now that everybody knows that David Sønstebø's planned to sell his iotas if he couldn't make Jinn a success, that Jinn is dead indeed and that David's planned exit price is 0,60 cents, everybody will set their ask orders below "the Sønstebø resistance".
Once David gets tired of waiting for the pump (believers buying the Coordicide rumor), he will probably dump his stake and the IOTA "Community" will become a legion of Carlos Matos.
In the light of the above information, speculators should be extremely careful regarding iota tokens and buy the rumor and sell the news at their own peril.
*** THIS IS NOT FINANCIAL ADVICE. I AM JUST DISSEMINATING SOME OF THE FINDINGS OF THE #cleanIOTA INVESTIGATION ***
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