Topic: mass.network looks like a mass.scam? (Read 558 times)
For those that arent aware:
1. mass.network ICO has completed but failed miserably to hit its target yet someone has retained all 320 BTC of investment.
2. the official site lists a team of people who are not working on the project. Some are mycelium staff unaware of mass.network. Some have never been involved with mass.network or mycelium (check social media profiles). https://mass.network/team.html
3. Original developers refused to publish escrow address, and escrow was controlled by CEO of mass.network.
4. There are no lines of communications with the project. No slack, facebook, twitter, or bitcointalk activity. The only email address provided isn't even a manned account as there is no reply to any emails.
5. A prototype was released in October but nothing has happened since. There is no updated roadmap, only the original now out-of-date whitepaper plan based on ico hitting 1000BTC.
6. The ICO rewards and bounties were never honored.
7. It would seem all the ico funds have been taken and are clearly not used for any development or marketing activities. Check github -Prototype done in October, minor comments added a few weeks ago.No other development. No marketing or social media presence. What are the funds being used for?
8. Nobody from mycelium or the original mass.network team will respond to any requests for information.
This looks like a scam, in which $200k of BTC has not been returned to investors and there is no clear intention to develop this project in any meaningful manner. Likely the project will be allowed to die slowly with the bulk of the ICO funds unspent. These projects are bad for crypto and are almost fraudulent in their behaviour.
I ask anyone who disagrees or represents the project to challenge me on any of these statements and explain their actions.
...how could i forget mass.network changed the bonus % policy mid ico. Deciding to award a 50% bonus in the last week for buyers after the ico had been running for nearly 3 months.
For those that arent aware:
1. mass.network ICO has completed but failed miserably to hit its target yet someone has retained all 320 BTC of investment.
2. the official site lists a team of people who are not working on the project. Some are mycelium staff unaware of mass.network. Some have never been involved with mass.network or mycelium (check social media profiles). https://mass.network/team.html
3. Original developers refused to publish escrow address, and escrow was controlled by CEO of mass.network.
4. There are no lines of communications with the project. No slack, facebook, twitter, or bitcointalk activity. The only email address provided isn't even a manned account as there is no reply to any emails.
5. A prototype was released in October but nothing has happened since. There is no updated roadmap, only the original now out-of-date whitepaper plan based on ico hitting 1000BTC.
6. The ICO rewards and bounties were never honored.
7. It would seem all the ico funds have been taken and are clearly not used for any development or marketing activities. Check github -Prototype done in October, minor comments added a few weeks ago.No other development. No marketing or social media presence. What are the funds being used for?
8. Nobody from mycelium or the original mass.network team will respond to any requests for information.
This looks like a scam, in which $200k of BTC has not been returned to investors and there is no clear intention to develop this project in any meaningful manner. Likely the project will be allowed to die slowly with the bulk of the ICO funds unspent. These projects are bad for crypto and are almost fraudulent in their behaviour.
I ask anyone who disagrees or represents the project to challenge me on any of these statements and explain their actions.
1. mass.network ICO has completed but failed miserably to hit its target yet someone has retained all 320 BTC of investment.
2. the official site lists a team of people who are not working on the project. Some are mycelium staff unaware of mass.network. Some have never been involved with mass.network or mycelium (check social media profiles). https://mass.network/team.html
3. Original developers refused to publish escrow address, and escrow was controlled by CEO of mass.network.
4. There are no lines of communications with the project. No slack, facebook, twitter, or bitcointalk activity. The only email address provided isn't even a manned account as there is no reply to any emails.
5. A prototype was released in October but nothing has happened since. There is no updated roadmap, only the original now out-of-date whitepaper plan based on ico hitting 1000BTC.
6. The ICO rewards and bounties were never honored.
7. It would seem all the ico funds have been taken and are clearly not used for any development or marketing activities. Check github -Prototype done in October, minor comments added a few weeks ago.No other development. No marketing or social media presence. What are the funds being used for?
8. Nobody from mycelium or the original mass.network team will respond to any requests for information.
This looks like a scam, in which $200k of BTC has not been returned to investors and there is no clear intention to develop this project in any meaningful manner. Likely the project will be allowed to die slowly with the bulk of the ICO funds unspent. These projects are bad for crypto and are almost fraudulent in their behaviour.
I ask anyone who disagrees or represents the project to challenge me on any of these statements and explain their actions.
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