Post
Topic
Board Announcements (Altcoins)
Re: Tau-Chain and Agoras Official Thread: Generalized P2P Network
by
medstudent
on 01/07/2017, 16:23:23 UTC
Hi Ohad,

New poster here, though I have been a follower of the project and an Agoras token holder for several months.

I want to clarify the discount factors that will apply to bulk 'tentative' token sales, and ask you to reconsider the final price.

In your post in this forum on June 29 about solving the crisis, you made it clear that any purchases at the tentative address may be refunded if the tentative tokens sold out. But you did not make it clear that you might increase the price. Indeed you mentioned in previous posts that bulk purchase at the prices shown on the Google spreadsheet would be available until the end of June.

It appears that the tokens reserved for 'tentative' purchases did not sell out. So I think that you should honor the June price of 37.6c for any purchases who sent tokens to the tentative purchase address before July 1 at midnight.

Now, maybe we have no right to complain or make demands. We are being sold tokens for below market price, so that's great!

However, those of us who believed in this project enough to purchase early deserve the full benefit of that. It's unfair that those of us who bought tokens in late June instead of early June are subject to an arbitrary price increase.

Refunding purchases to honor your commitment limiting the tokens sold is fair. Raising prices beyond what you previously offered in June is not.

I sent a lot of bitcoin to that purchase address based on my trust in you, and observing that you had always kept your commitments in the past. I think not honoring the prices offered for June is a bit of a disappointment to the community.

So I'd ask that you reconsider your decision from earlier today, and honor the prices in the below spreadsheet for all tentative purchases made in June.

https://docs.google.com/spreadsheets/d/1EjW1s66T75vnWh7WSzuP0vxcx1vdwlqCm2JOmlVlPOg/edit#gid=0





Posts like this is why we need SET rules (that can't be changed) and a set website that shares all those rules (through blog posts). You guys might think a new and active website isn't a priority, but it greatly is.

I'm very disappointed in the fact that after three years the website isn't being used and all the talk is on this forum. So unprofessional it's not even funny. There should be a team to manage all these requests, not Ohad doing everything himself. You should be coming once in a while to update on the progress of your project while letting someone on your team should do most of the talking here. This will also ensure that you can solely work on the project without worrying about what is going on here.

You have enough money now but what are you doing with it? Where are these funds going to? Have you shown us a plan on how these funds will be allocated?

Ohad, you seriously need to update your website if you want some more support for your project. You need to update a new white paper ASAP with a timeline of what is to come... and you HAVE to try to meet the goals at the time you have stated... YOU CANNOT meet your goals without having a date set to reach them. Without a set out plan, your goals will NEVER be reached.

THIS is why you NEED to update your white paper and update on how you are going to use the funds. The more pressure you have to complete a project, the harder you will work on it. And the best way to get that pressure is having a set date on when you are going to complete the project.

I saw a post from Apr 2016 saying how you were going to update the UI for your website, it doesn't look like anything has been done on that end. The website is a crucial part of success too. Of course, the product is the main thing, but theres nothing wrong with hiring a web developer.

Others might disagree, but I have been researching AGRS in several different websites. The main problem people have before investing is the website. They think it looks like a scam and that it hasn't been updated in so long that the project looks like it was abandoned months ago. If you look online, this is the only place to get any news for AGRS. That's not good man.

You HAVE enough money now to get this done, you have enough money now to work solely on getting alpha tau platform running. I expect no more excuses from you. I don't mind waiting another year for your project to be done, but you have to update us on what the fuck you are doing and what your plans are for the rest of the year.

And FFS stop changing your rules all the time. Stick to one thing and stop taking advice from everyone on this board. You can read public opinion, but in the end the decision is yours. The more you flip flop on stuff the less confidence we have in you.

The more I'm reading about this project, the more and more potential I see. But you need to update us, the people who have supported you thus far, on what the fuck you are doing. WE NEED MOTHER FUCKIN TIMELINES and a white paper ASAP. And for the love of god, update your website to modern times. Not something a middle schooler made in his computer science class.