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Topic: [irregularities] Mass Network - page 60. (Read 91877 times)

hero member
Activity: 616
Merit: 503
@Mansa_Godson
September 01, 2016, 12:58:13 AM
#73
so are you using a new blockchain ? a new coin ?
or a new coin on Bitcoin blockchain ?
member
Activity: 84
Merit: 10
August 31, 2016, 03:32:45 AM
#72
No Bounty, No Party Cheesy

We will launch the program very soon.
member
Activity: 84
Merit: 10
August 31, 2016, 03:21:01 AM
#71
Each participant of Mass ICO will receive [1,000,000,000,000 ×  ( total amount of all deposits made to one individual account ÷ total amount
of deposits made by all ICO participants) × 0.7] Mass coins;

Mass will reserve [1,000,000,000,000 ×  0.3]coins altogether for its internal use.

Can you give a example ? Thank you...

Example:

You deposited 10BTC. Other people deposited 3,990BTC. Altogether 4,000BTC. Your share is 0.0025.
Mass takes 0.3 x 1Trillion mass coins. 0.7 T coins or 700 Billion coins are to be distributed. 700 B x 0.0025 = 1.75 Billion coins go to you.
___

PS Ordinary payment is the system could be 1/1,000 of a dollar so, in normal nominal values, 1.75 Billion Mass coins is around 2 Million tokens of a regular USD size. Of course, we have no idea what the actual rate could be. This is just to give you an explanation that we need a trillion because of the indivisibility of 1 coin.
 
member
Activity: 84
Merit: 10
August 31, 2016, 03:06:58 AM
#70
So the product you are creating has nothing to do with a blockchain? so basically this is a way to raise funds for an application, similar to seed fund/venture capital by creating a coin, but the investors who no stake in it? The application where the user get remunerated by advertisements is not tied to this coin or use of the blockchain?
So if the application is not successful, the value of the coin plummets to zero.
Most products from Ethereum to others all have and had a community involvement, but the legalese says no by the Mass Network OP.

***So if the application is not successful, the value of the coin plummets to zero.***

True for every application not only Mass.
____

***Most products from Ethereum to others all have and had a community involvement***

Community involvement is a great thing but ON TOP of an application that most people need.

Virtually everybody is involved with online ads industry. Getting back to Ethereum, few people on this planet understand what smart contract is, even fewer people needed, and none want to actually use it. Otherwise, we would see the working apps all over.
member
Activity: 84
Merit: 10
August 31, 2016, 03:01:28 AM
#68
So the product you are creating has nothing to do with a blockchain? so basically this is a way to raise funds for an application, similar to seed fund/venture capital by creating a coin, but the investors who no stake in it? The application where the user get remunerated by advertisements is not tied to this coin or use of the blockchain?
So if the application is not successful, the value of the coin plummets to zero.
Most products from Ethereum to others all have and had a community involvement, but the legalese says no by the Mass Network OP.

Mass uses the only safe blockchain in the world—Bitcoin—for asset circulation.
Mass attracts fiat money and attention to blockchain technology in general and Bitcoin in particular.
Mass does NOT offer yet another useless clone of a useless blockchain.
Mass solves the actual problem the actual functioning industry has - the growth of ad-blocking.
Mass operates in the industry that brought the biggest amount of money to internet. Ever.
sr. member
Activity: 338
Merit: 250
August 31, 2016, 01:02:51 AM
#67
smells like rotten socks in here
hero member
Activity: 1344
Merit: 656
August 31, 2016, 12:52:14 AM
#66

The links you mentioned point to masK (with a K) network. This thread is about masS (with an S) network. I hope this clears up the confusion.
sr. member
Activity: 248
Merit: 250
August 31, 2016, 12:12:21 AM
#65
So the product you are creating has nothing to do with a blockchain? so basically this is a way to raise funds for an application, similar to seed fund/venture capital by creating a coin, but the investors who no stake in it? The application where the user get remunerated by advertisements is not tied to this coin or use of the blockchain?
So if the application is not successful, the value of the coin plummets to zero.
Most products from Ethereum to others all have and had a community involvement, but the legalese says no by the Mass Network OP.
legendary
Activity: 1162
Merit: 1000
August 30, 2016, 11:17:48 PM
#64
No Bounty, No Party Cheesy
sr. member
Activity: 242
Merit: 250
sr. member
Activity: 305
Merit: 250
full member
Activity: 183
Merit: 100
August 30, 2016, 08:16:59 PM
#60
Each participant of Mass ICO will receive [1,000,000,000,000 ×  ( total amount of all deposits made to one individual account ÷ total amount
of deposits made by all ICO participants) × 0.7] Mass coins;

Mass will reserve [1,000,000,000,000 ×  0.3]coins altogether for its internal use.

Can you give a example ? Thank you...
hero member
Activity: 868
Merit: 1000
August 30, 2016, 11:09:11 AM
#59
I will watch this.
sr. member
Activity: 504
Merit: 250
askNFTY Team Account
August 30, 2016, 11:06:26 AM
#58
It looks professional but that long list of fancy names looks too long and fancy. How do we know that those are actual people that are involved with the actual names, titles and that they are above board?

Actual people. Actual names. Actual help for the project.

This seems to be a good project. It has well designed ANN post which covers most of the concerns people would raise from the team. Good luck.
member
Activity: 84
Merit: 10
August 30, 2016, 10:58:58 AM
#57
It looks professional but that long list of fancy names looks too long and fancy. How do we know that those are actual people that are involved with the actual names, titles and that they are above board?

Actual people. Actual names. Actual help for the project.
legendary
Activity: 954
Merit: 1003
August 30, 2016, 02:38:12 AM
#56
Are you going to collect the data, profile and sell it to the advertisers? if not, can third parties collect user data trough your browser? 

All our software will block third-party cookies, we are going to destroy "cookie matching" for private data exchanges.

User software will collect data and exchange it between devices encrypted. We won't collect anything on our side, even more — we won't have access to your data!

User software will have ability to sell user profile data to websites. You and only you decide which sites you give your private information.

Quote
Is there a blockchain involved?

We will use blockchain only for payments.

Quote
You develop a browser...

We are going to have at least these products: Chrome/Firefox ad-blocker extensions, our own browser and mobile browser. But I'm sure, we can make more good products, for example, Android which respects privacy (like Cyanogenmod). Smiley

But we will start with browser extension first. Smiley
full member
Activity: 232
Merit: 100
Rubic stays cubic
August 29, 2016, 04:32:25 PM
#55
It looks professional but that long list of fancy names looks too long and fancy. How do we know that those are actual people that are involved with the actual names, titles and that they are above board?
sr. member
Activity: 427
Merit: 250
August 29, 2016, 02:56:51 PM
#54
Hi, i have a few questions:

1. Is there a blockchain involved?
2. You develop a browser to block advertising if they don't pay the user. is this correct?
3. Will the users be paid in masscoins?
3. Are you going to collect the data, profile and sell it to the advertisers? if not, can third parties collect user data trough your browser? 

Cheers!
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