I explained to many people the way the minex bank works and this entire project
almost everyone decided to invest in it, but I noticed one unique thing that influenced
their decision and which created suspicion in the project
It's the yearly Park reward 70%
in the same moment they saw those 70 percent
Their reaction was... this is a scam and a pyramidal ponzi scheme
After a detailed explanation usually 1-2 hours long, they decided to invest
I do not know what your statistics are saying
but I think it's a completely unnecessary item that will psychologically reject investors
with option for weekly and monthly parking, I do not see any need to park coins for a year
when monthly parking for a shorter period brings a much higher percentage of coins
Please consider this suggestion seriously
Understand this as a a survey/poll that I conducted a sample of is 20+ people
To each of them, those 70 percent caused great suspicion and distrust of the project
I wanted to intervene in your very recent post and clear any doubts regarding what the MNX project is and who it is destined for.
- MNX is a low volatility project based on the Minexecosystem, featuring a number of functionalities that are currently being built (Minexplarform, Minexmarket, Minexexchange and so on).
- The low volatility feature is controlled by the Minexbank, an algorithm that, based on set decision parameters, regulates the market volatility.
- Currently, the project being in an early phase, the interest rates are quite high, rewarding early adopters for their trust in the project and not dumping the price.
Also, it has attracted different types of investors, many of whom had very little understanding of the project and its vision. There was a period of massive FUD during which the word "scam" has been pronounced a lot. Obviously, the team and the project demonstrated robustness regarding FUD and of course, that it is totally legit.
Any investor that doesn't try to understand what the project is is not the right type of investors that MNX would want to attract as of now. They would only be highly emotional and eager to dump/FUD at the first signs of trouble.
The MNX telegram and the community in general is one of the rare place where you see no one bitching about the price, the market or unecessary shit. Plus, nobody is willing to sell its holdings, other than trading a few to increase capital.
If that 70% is enough to scare the short sighted, highly emotional and "not quality" investors, that may even be a good thing for now
. The team's marketing and PR will clear all doubts in the future, and these people will only understand late what they missed.