[irregularities] Mass Network - page 42.

kaicrypzen

hero member

Activity: 1344

Merit: 656

Quote from: massnetwork on November 16, 2016, 11:57:39 AM

Having it wouldn't be downgrading, of course. Trying to get one - will. Asking for such stuff certainly downgrades you in the eyes of your colleagues in a broader industry sense.

You know what, offer someone who is good enough. And who's ok with that. We'll consider that person as an escrow holder. Seriously.

You can find a list of known escrows in this thread https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778.

Quote from: coin-investor on November 16, 2016, 01:11:20 PM

Wow makes sense,I think you are an exception to the rules,why would you need an escrow,when you have been transparent and people are reputable in their field,escrow are only for newbie sponsored Ico..

Generally, any project that is looking for a crowdfunding has some kind of escrow. For instance, the crowdfunding platforms (like kickstarter or indiegogo) only charge the participants once the goal is reached, no matter how advanced the project is or how qualified the people involved in it are.

massnetwork

member

Activity: 84

Merit: 10

Quote from: robelneo on November 17, 2016, 02:02:34 PM

Very interesting,you can make money just by browsing the net,I have been to two of this kind of program before but not on a crypto currency,this is could be the first in the crypto currency industry,we are looking forward to it's launching.

"Mass" is not the first project that intends to make users paid in one way or another. Neither it is unique in this sense within the crypto industry segment.

The power of Mass Network lies elsewhere:

(1) Most money in the Internet are in ads business. Maybe 80%, maybe even 90%.
(2) The online ad industry is extremely complex and almost impossible to enter (on any serious scale).
(3) Mass Network found a roundabout; it will join the lucrative business segment without having to pay all sorts of entry barrier tolls.

KyLins

sr. member

Activity: 438

Merit: 250

Looks very beautiful

robelneo

legendary

Activity: 3346

Merit: 1214

Very interesting,you can make money just by browsing the net,I have been to two of this kind of program before but not on a crypto currency,this is could be the first in the crypto currency industry,we are looking forward to it's launching.

_ChucK_

full member

Activity: 130

Merit: 100

Quote from: massnetwork on November 17, 2016, 01:49:45 PM

what do you think of the new logo? Here are the ideas for the first welcome screens:

Looks good! Very brightly)

massnetwork

member

Activity: 84

Merit: 10

Quote from: massnetwork on November 17, 2016, 01:47:51 PM

what do you think of the new logo? Here are the ideas for the first welcome screens:

massnetwork

member

Activity: 84

Merit: 10

massnetwork

member

Activity: 84

Merit: 10

Quote from: KyLins on November 16, 2016, 07:46:40 PM

Quote from: massnetwork on November 16, 2016, 05:25:17 PM

Quote from: drays on November 16, 2016, 03:11:55 PM

Thanks a lot for this answer-storming!

It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves

), but I have one important question / concern related to this part of the "Terms" you cited below:

Quote from: massnetwork on November 16, 2016, 08:03:38 AM

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

We will make the addition/update to the Terms describing the entire discount/bonus schedule. There were at least four different periods. Yeah, it's kind of hard to keep the track for an outside observer now.

Are there rewards now?

Not at the moment.

KyLins

sr. member

Activity: 438

Merit: 250

Quote from: massnetwork on November 16, 2016, 05:25:17 PM

Quote from: drays on November 16, 2016, 03:11:55 PM

Thanks a lot for this answer-storming!

It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves

), but I have one important question / concern related to this part of the "Terms" you cited below:

Quote from: massnetwork on November 16, 2016, 08:03:38 AM

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

We will make the addition/update to the Terms describing the entire discount/bonus schedule. There were at least four different periods. Yeah, it's kind of hard to keep the track for an outside observer now.

Are there rewards now?

massnetwork

member

Activity: 84

Merit: 10

Quote from: drays on November 16, 2016, 03:11:55 PM

Thanks a lot for this answer-storming!

It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves

), but I have one important question / concern related to this part of the "Terms" you cited below:

Quote from: massnetwork on November 16, 2016, 08:03:38 AM

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

We will make the addition/update to the Terms describing the entire discount/bonus schedule. There were at least four different periods. Yeah, it's kind of hard to keep the track for an outside observer now.

drays

legendary

Activity: 2576

Merit: 1073

Thanks a lot for this answer-storming!

It was good to have people reassured here.
You know I am one of your oldest believers (as my non-official and not-for-money signature proves

), but I have one important question / concern related to this part of the "Terms" you cited below:

Quote from: massnetwork on November 16, 2016, 08:03:38 AM

Every ICO Participant will receive [1,000,000,000,000 × (i ÷ I) × 0.7] coins; Mass will receive [1,000,000,000,000 × 0.3] coins altogether.
In this formula, “i” is the total amount of all deposits made to one individual account, “I” is the total amount of deposits made by all ICO participants, “[ ]” means the integer part function, “×” means arithmetical product, “÷” means arithmetical division.

The current value of "I" can be found here: https://ico.mass.network/#/

What about the early bird bonuses, being offered at the beginning? There is nothing said about them above, I hope they will be honored, but why they are not mentioned in "Terms"?

coin-investor

hero member

Activity: 2982

Merit: 597

Leading Crypto Sports Betting & Casino Platform

Quote from: massnetwork on November 16, 2016, 11:15:22 AM

Quote from: kaicrypzen on November 16, 2016, 10:58:16 AM

Quote from: massnetwork on November 16, 2016, 08:27:54 AM

There's no need for an escrow. Highly prominent people lead the project.

As far as I am concerned, prominent or not, a reputable escrow should be a no-brainer for anyone asking people for money. Not only this shows the good faith of the asker but also establishes some level of trust. Of course risk is always present and having an escrow doesn't mean risk-free, yet, I think having one is better than not having one.

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?

Wow makes sense,I think you are an exception to the rules,why would you need an escrow,when you have been transparent and people are reputable in their field,escrow are only for newbie sponsored Ico..

massnetwork

member

Activity: 84

Merit: 10

Quote from: kaicrypzen on November 16, 2016, 11:35:06 AM

Quote from: massnetwork on November 16, 2016, 11:15:22 AM

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?

I do not question the validity of the project nor the fact that you are good enough or not. You are holding an ICO, there has been so many scams (even with escrows) that some people are now afraid to invest in anything. An independent reputable escrow might offer some kind of safety to some investors, why would you consider it downgrading?

Having it wouldn't be downgrading, of course. Trying to get one - will. Asking for such stuff certainly downgrades you in the eyes of your colleagues in a broader industry sense.

You know what, offer someone who is good enough. And who's ok with that. We'll consider that person as an escrow holder. Seriously.

kaicrypzen

hero member

Activity: 1344

Merit: 656

Quote from: massnetwork on November 16, 2016, 11:15:22 AM

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?

I do not question the validity of the project nor the fact that you are good enough or not. You are holding an ICO, there has been so many scams (even with escrows) that some people are now afraid to invest in anything. An independent reputable escrow might offer some kind of safety to some investors, why would you consider it downgrading?

massnetwork

member

Activity: 84

Merit: 10

Quote from: kaicrypzen on November 16, 2016, 10:58:16 AM

Quote from: massnetwork on November 16, 2016, 08:27:54 AM

There's no need for an escrow. Highly prominent people lead the project.

As far as I am concerned, prominent or not, a reputable escrow should be a no-brainer for anyone asking people for money. Not only this shows the good faith of the asker but also establishes some level of trust. Of course risk is always present and having an escrow doesn't mean risk-free, yet, I think having one is better than not having one.

Agree. In a general case. That' be true for a project in an infant stage. But for us, approaching new any respectable person with the request to hold funds and make sure we're not thieves would look ridiculous. That alone would downgrade us. We do have the product (well, part of it); we are represented by people with certain history; our project does make sense (becomes obvious for whoever takes the job of reading the blue paper). Why would we need anyone to tell we're good enough instead of ourselves?

kaicrypzen

hero member

Activity: 1344

Merit: 656

Quote from: massnetwork on November 16, 2016, 08:27:54 AM

There's no need for an escrow. Highly prominent people lead the project.

As far as I am concerned, prominent or not, a reputable escrow should be a no-brainer for anyone asking people for money. Not only this shows the good faith of the asker but also establishes some level of trust. Of course risk is always present and having an escrow doesn't mean risk-free, yet, I think having one is better than not having one.

aioc

hero member

Activity: 2926

Merit: 567

I'm proud to wear the signature I knew I am in a good ICO I was skeptical because the thread is not that noisy compare to the other Ico,but I still trust Massnetwork because of the names on their website..

I hope the dev will drop by from time to time just to update us on the development of Massnetwork.

massnetwork

member

Activity: 84

Merit: 10

Quote from: _ChucK_ on November 16, 2016, 09:56:25 AM

Quote from: massnetwork on November 16, 2016, 07:59:58 AM

Please come down, gentlemen.

That information vacuum created anxiety and uncertainty.
And now I'm glad that you came here and answer all those questions. Now I am calm

. Thank you.

Sure. Thank you.

_ChucK_

full member

Activity: 130

Merit: 100

Quote from: massnetwork on November 16, 2016, 07:59:58 AM

Please come down, gentlemen.

That information vacuum created anxiety and uncertainty.
And now I'm glad that you came here and answer all those questions. Now I am calm

. Thank you.

robelneo

legendary

Activity: 3346

Merit: 1214

Thanks for giving us updates and answering all the investors and would be investors questions,all doubts will now disappear because of the transparency that the dev has shown.
Mass will be one of the top crypto currency after their ICO and this is the right time to invest.

Topic: [irregularities] Mass Network - page 42. (Read 91862 times)