Quote from: blackfan73 on November 19, 2016, 02:39:23 PM

Quote from: Vibag on November 19, 2016, 01:09:55 PM

Hey guys,

I joined the slack today because I was surprised dev team sells shift while the price is going down.
This is what I found on slack... Can someone explain what's going on?

And what was their response?

Transcript from Slack:

Quote

there are two sides to this, i agree with joey that we have to fund our operation in some way, i agree with the concerns voiced by wibag

when we sell it's because we have running costs that we cannot finance in other ways

so far we paid the majority of all costs like hosting, nodes, bittrex fees and similar from our own pocket

this amounts to a lot of money over time, while the big majority of the work we do is not paid for in any way

i know i have spent more than a week fulltime on the new site and will never see a single bit of compensation for that

i know others from our team are doing the same, we are even neglecting real life jobs to keep working on shift and progress in a very fast pace

all of this does not address the fact that the self funding through premine model is not viable in a low liquidity market

but i hope it shows you that we are dedicated to this project and do not intend to use your investment as a way to enrich ourselves

however, going forward we acknowledge the issue and are (as always) very open to constructive feedback from you!

how would you like to see us handle this? what can we do better?

feel free to give us your input