There was no IPO. We started an exchange. Investors could buy / sell MSK for Bitcoin. All investment have been returned. We have announced then that we will need to redesign everything and it will take some time to come back with a viable solution. And we came back...

Do you have proof of the public adress refunded ? Indeed no information regarding any returned investment are available in your original copy/pasta from 2014...
http://bitcointalk.org/index.php?topic=641891.220thank you for information
I agree. I think this is very important for the validity and trust in this community for this project going forward.
There was no "refund". Step by step :
1. In May, 2014 we have started an MSK exchange and investors could buy / sell MSK for Bitcoin. BTC Deposits / withdrawals were automated.
2. In July 2014 we have released the desktop client and i have quickly understood that regular users are reluctant to download anything unless they really need that piece of software.
3. In august 2014 we have announced the MSK owners that we will switch to a web based model and we need to redesign everything. Some 90% of investors sold their MSK for BTC and that's it. No "refunds".
4. In December 2015 we came back with what we have promised.
What would Bitcoin be without web wallets

Who will download the QT client, wait a week for sync just to send some coins from left to right. A new coin has to be much easier to use than Bitcoin to have a chance to succeed (a small chance).
Bitshares, Ethereum, NXT....and 1000 other coins have 0 chances of adoption if they don't switch to a web based model.
Regular joe will not download anything. Period.