Topic: [irregularities] Mass Network - page 36. (Read 91877 times)

I invested (minimum 1 bts, it was not 2 days back, am now ) little, want to buy in addition chinks on an exchange . When and what exchanges will a coin go out on ?

Dear Mass Network investors,
The initial offering of Mass Coin is closed as of yesterday.
We would like to thank you for your support and inform that we have issued one trillion of Mass Coins.
In the course of the next two weeks, you will be able to receive your coins.
Please access your ICO Dashboard (https://ico.mass.network) and follow the steps described in “Receiving your Mass Coins».
Mass Network team

Address of mon for mass of coin ?, or general and for other chinks ?

Receiving your Mass Coins

In order to receive Mass Coins, you have to make sure that:

Go to https://dashboard.colu.co and create an account (thanks to our partner - Colu.co!). Write down the password and keep it in a safe place - it is not possible to restore your password if you lose it!
Go to Manage Assets, then select Receive Assets
Copy the receiving address
Paste this address in the field below - this is where your Mass Coins are stored.
Colu Address
Use this Colu Address to receive Mass Coins
OK
If you need to send your Mass Coins to another address, make sure that the receiving address is generated in here https://dashboard.colu.co

If you have any questions or if something goes wrong, feel free to ask us.

Mass Network Team

 You got 45%? Imagine someone who invested at 0% only to see late investors get 55%.

I am an early investor that has kept quite.

I thought I was getting a 45% "bonus" over other investors for investing early. I then waited almost 2.5 months and was shocked to see that late investors would get a 55% bonus. Apparently the word "bonus" means nothing and the rules were made up along the way.

As disappointing as that was, the proposed solution is even worse for me and other early investors. By equally increasing by 15% the amount the 45, 25 and 10% investors receive, they decreased the relative amount the earlier investors would receive.

For example:

45% is 4.5 times larger than 10%

But when you add the same 15% to each (45% becomes 60% and 10% becomes 25%)

60% is only 2.4 time larger than 25%

You get the picture. The 'cure' made things actually worse.

Now that the ICO is over the only solution that I can think of that would be fair is as follows:

1.) Mass Networks honors the original bonus scheme of 45/25/10/0% according to the specified dates.

2.) Mass Networks honors the revised bonus scheme of 55% (plus 10% more for early investors) as set out in the recent blog title "Final Bonus".

3.) All bonuses ONLY for 2.) are paid out of the Mass Networks 30% share and NOT out of the investors 70% share; all non bonus portions of the BTC invested after the revised bonus structure was announced are credited with a share of the investors' 70% share at a 1.0 ratio.

I.E.: 1 BTC invested after the revised bonus structure is credited as 1 with no bonus out of the investors 70% share; .55 or .65 bonus is  paid out of developers share.

This would not be that costly for Mass Network as there was only about 60 BTC invested after the revised bonus structure was 'announced.'

By adopting this scheme Mass Networks would go a long way to restoring the investors confidence and I believe a lot of us were actually willing to help this project succeed in any way we could. I for one would have invested more at the end if this stunt had not occured. I wanted to promote the project and donate my time. I might still but...

Whatever is decided increasing the % equally by 15% is acutually worse than just giving the 55% bonus as it effectively makes the most earlier adopters share much lower, and I know about 150 to 160 BTCs were invested at the 1.45 bonus level which affects almost half the investors.  

I wish the project success, but now it will be much harder.
On any mention in the media, there may be a very bad comments from the early investors, enemies or competitors (for example: browser Brave or other).
Spot on forever?
There is still time to resolve this issue!

Investor relations is sleeping probably. ICO completion is a big deal.  Even though there is a small number of investors you have to make an effort as a company to say something.

This is really bothering,Ico is finished,yet no update about the recent ICO here,we are interesting to know how the projects will go or is it a successful ICO or not and what willl be next update this,will you release the wallet and when.

Get news here, no slack is not good, slack helps communication a lot.

So has the ICO ended? Will anyone from the project bother to update this thread with an official response? What's the best line of comms to reach the team (no slack I noticed)?

I hope it is a successful ICO for both parties,the dev should have posted an update here since this is where they get the most numbers of investors and reactions,this is my opinion people are looking for a news either here or by using google search and  bitcointalk always show results

On Nov 25 there was about 260 BTC invested. So reputation of project is sold for 332.148 - 260 = 72.148 BTC. I would tell - even less, as many people were waiting towards end of ICO to make their last investment, so they would have invested anyway, regardless of bonus.

So the reputation was sold for about half of that: ~30-35 BTC! Pretty cheap, Mr. Oshchepkov (or Mr. Malley?, not sure which one of you is the author of the great marketing idea), pretty cheap. Well, girls on the street are selling themselves even cheaper, so... why not  

I think they will do good if everything goes as per their bluepaper/road map.mass browser plugin is out so everyone can test it out.lets wait for further announcement.

Congrats with completion of the impressive ICO!  
Let's wait which other surprises will present to us by devs, or what rules they will change now.
But I hope that in the future will only be good news.

The ICO is ended.

TOTAL FUNDS RAISED: 332.148 BTC (250,333 USD)

Congratulation to all investor~

Lastest ICO news ?

Thanks. You don't seem to understand what I am writing about. Its more about free will and willingness to do something, than just emotions.
BTW, did you invest and took the benefit of this 55% bonus?   You have 50 minutes to do so, and be the smartest ass guy in the town!  

Emotions are lying. Take a breath and count to 10.

Ehm... in fact I don't like my current signature... I really liked this project and wanted the best for it... I would love to change my sig and recommend this project again.. but alas... I'm really disappointed by greediness, unfair play and by short-term thinking of the management of this project.

They don't seem to understand that people here are/were their first supporters and first adopters of the technology they offer. I personally wanted to download the plugin and browser and play with them, find some bugs, report issues, then recommend it to my friends. Wanted is the keyword here. Now I don't want anymore. Those greedy bastards fail to understand a simple thing: people are driven by emotions - they support what they like and they destroy what they dislike. A smart management team need to take care to assure people actually like the project.

In this case a stupid management team did such a damage to the project, which 1000s of trolls wouldn't be able to do...