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Topic: The EtherJack project failed to collect the prize fund and has been aborted. (Read 1434 times)

newbie
Activity: 126
Merit: 0
amazing project. i'm keep watching this project and will stalk back as well,hope to see more good things on here
newbie
Activity: 84
Merit: 0
ATTN: EtherJack.io investors

Notice about special Bounty token fund spend

Similarly to the issue we recently posted about, another investor has sent 4.045 ETH from a Kraken account:
https://etherscan.io/tx/0x6826fbb8499fd0dc7ef4f2ab8094703434c27e785b50aae0c3aeb14dcef788c9

We are addressing the issue the same way: sending them the tokens allocated for "Misc." needs of the Bounty fund.

The transaction: https://etherscan.io/tx/0x53042d851243778f9bed9097c5656d26388d77c5fd91e766171b5d500f93eb81

We will continue issuing such notices in case other unexpected spendings have to happen.

We make no guarantee that future incidents like this will be addressed in a similar manner.

EtherJack.io Team
newbie
Activity: 84
Merit: 0
How do you think, is there any legal risks for investors from USA for your tokens?

That’s pure utility token, as it’s totally based on ETH smart contract seems there’s no risks, but who really knows )

That's right.

Jammalan, there are no risks
full member
Activity: 265
Merit: 100
How do you think, is there any legal risks for investors from USA for your tokens?

That’s pure utility token, as it’s totally based on ETH smart contract seems there’s no risks, but who really knows )
sr. member
Activity: 500
Merit: 250
How do you think, is there any legal risks for investors from USA for your tokens?
full member
Activity: 336
Merit: 100
Exciting game, thanks owners for such a creative idea!
newbie
Activity: 84
Merit: 0
newbie
Activity: 58
Merit: 0
newbie
Activity: 126
Merit: 0
 amazing project. i'm keep watching this project and will stalk back as well.hope  to join Smiley
newbie
Activity: 84
Merit: 0
ATTN: EtherJack.io investors

Notice about special Bounty token fund spend

At the launch of EtherJack smart contracts, 25000 JACK tokens were allocated for the bounty campaign. When the game starts, the earned bounty tokens will be awarded to the participants, and the unspent rest will be destroyed.

Of the bounty fund, 8% (2000 JACK) are allocated for "Misc." needs. We believe it is our responsibility to notify our investors about unexpected spends from the "Misc." section, and that's what we are doing with this message.

We were contacted by an investor who by their mistake used an exchange account to buy JACK tokens. This means JACK were sent back to the exchange's Ethereum account, and are effectively lost. In this case people can't control the tokens, since they don't control the exchange's account.

The Txn in question: https://etherscan.io/tx/0x3eb2d7cc15f0c6b618d079e09777c17a8b78f85a87275c3bcd4795c80dd938a5

Notice for future investors: don't buy JACK tokens from exchanges' accounts, only send Ether to the ICO address from an account you directly control (e.g. through MyEtherWallet or MetaMask).

The total amount of tokens "lost" was 93 JACK.

We believe it is our duty to help them out. Due to the way EtherJack ICO works, we can't reverse their transaction or refund them from the Jackpot fund: we don't have access to it. We are able however to give them the tokens they expected to receive, from the Bounty fund.

Today we sent this investor the tokens to compensate for their lost tokens (although the loss is result of their action, not our mistake or bug). Txn: https://etherscan.io/tx/0x9bbb193e794ac9897f2c78211b242b694850e54f9eaa3c1ec8fcfc4ce4633db0

We believe it is the right thing to do, since:
 - It didn't happen due to our fault or system error or a bug in the game.
 - Taking these tokens from the Bounty fund doesn't hurt the interest of other investors at all: these merely replace other tokens effectively removed from circulation (exchange taking control of the tokens on their account is unlikely and illegal).
 - By resolving the issue this way we are being transparent and supportive to our investors at the same time.

We will continue issuing such notices in case other unexpected spendings have to happen.

We make no guarantee that future incidents like this will be addressed in a similar manner.

EtherJack.io Team
full member
Activity: 379
Merit: 100
I hope this project will be good finish their ICO, JOIN NOW https://t.me/EtherJack_io
#EtherJack_io

Yeah, they are steady getting founds and reaching the hard cap, the smart contract is transparent and cryptos are refunded if hard cap is not reached, so many investors are beginning to see a clear opportunity in this game!
newbie
Activity: 52
Merit: 0
This project now has a dedicated discord. Come join us: https://discord.gg/WH6XyX5
newbie
Activity: 84
Merit: 0
Steadily we are approaching our funky hard cap of 333 ETH. Join the biggest Ethereum game ICO now!
full member
Activity: 379
Merit: 100
This game need more attention, it could be very funny to play with and the earning is very attractive.
newbie
Activity: 166
Merit: 0
This is an very interesting and exciting concept using Ethereum. Count me in with participating and telling many people about it.
full member
Activity: 179
Merit: 100
It can help people even more.
https://web.telegram.org/etherjack_io
Thanks admin and bitkaboom2 i have joined this telegram.
full member
Activity: 179
Merit: 100
to what I understand the way they are raking is in the form of a game or is something other than a sale, anyway I stop very ingenious that

In my views i think they are not doing that look at their efforts as they are showing it doesn't concern to gaming or something else. Because they are showing there best ability that they having initial power to bring people and make this project a success one.
full member
Activity: 462
Merit: 100
to what I understand the way they are raking is in the form of a game or is something other than a sale, anyway I stop very ingenious that
member
Activity: 150
Merit: 12
The EtherJack.io contract has sold over 11.000 tokens so far during its ICO.

This means we’re past the first price switch, and the token price is 0.005 ETH now. This is still way less than it will be during the game (0.01 and up). The next price increase is after ~8.800 more tokens are sold!
Is it private sell there is any telegram group where can get latest updates because it's most important key for every project having slack and telegram group that we can get update. If you sold 8,800 tokens then it is really impressive.
Dear there telegram is given below in the ann thread you can see there you will get latest news from this project. Because they seems promising i would adore to buy some of tokens here.
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