Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PRE-SALE 30% BONUS] MASS Token - Masternode And Staking Service
by
twoturtles
on 18/08/2017, 19:39:18 UTC
Hello,
doesnt follow contract protocol

Which contract?

project hasnt even gotten off the ground yet.

Rushing things sounds like a bad plan.

Want a sneak peak at how this project will go, spend 12 hours in their telegram

You mean the team being available 24/7, how about you try asking a question about MASS in the telegram and see how fast you get a response as well. By a question about MASS I mean an actual question about MASS itself, and not anything redundant such as "WHATS THE NEWS???" Try sending an email asking something see how fast of a response you get as well.

time lines, or how they are unaware of deadlines

What timeline, and what deadline? We wish we could be sorry about trying to be as careful as we can to protect the projects future, no amount of whining will change that. Certain things are out of our hands, you can understand that, right? If there are things that are out of our hands, any 'timeline' you reference or any non existent deadline you speak of gets changed. Right?

holding peoples money hostage.

By having a week long full no questions asked refund period. Which I have never seen before in any ICO ever.

If you are unhappy about the project, try offering to sell your pre-sale MASS in telegram.

Im sure more people wouldve requested a refund during that one werk period had you been honest and said: "we will not be resuming pre ico for another month, actual ico will not resume until mid to late september, project will not roll around until early october, and we will be spending a bunch of time preparing for this project from a legal perspective after we started the preico, which we shouldve done before preico. "
If all this is a preview of how actual product will go im glad i only tossed a few dimes your way.

Even as it stands, we don't have a decision or date on resuming the pre-sale due to the fact we're awaiting details from counsel.  If he were to quote a time frame as you're suggesting he should have, it would have been a complete fabrication and guess.  Instead of doing that, we've been transparent about the situation throughout.  As far as "should have done before preico" as you state, these new guidelines were released by the SEC in the middle of the pre-sale, which in turn was promptly paused in light of.  Unfortunately, we're not able to see the future - so preparing for said guidelines ahead of time wasn't a possibility.  As far as the amount you have put in, please allow us to offer you a fair exit - post your address and we'll have you sign and verify that it is yours and we will allow a transfer of MASS in our back end system to another user and send you back your ETH.  We're incredibly fair people and transparent and we've been working hard to ensure that this surprise of regulatory suggestions are complied with.  Other projects in our position who value not just an instant profit but a long-term sustainable model have been exercising the same level of caution, and rightly so.  Some others have chosen just to simply assume they've interpreted these guidelines properly and proceed.  We can assure you after seeing some of those choosing the latter, it's looking to be a house of cards forming for them.  That's not what we want for folks working with us and participating in this project.