Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Dmarket - the worlds first decentralized, cross-game marketplace.
by
D_market
on 19/08/2017, 14:08:02 UTC
Interesting. Sale policy has been changed today, a day after start of ico sale. The mentioned paragraph has been changed now. Wow, changing the rules of the game when the game has already been started.

D_market, how would you explain this?
Changing the terms of the contract after investors have given you their money.

I only invested 10ETH, but I am completely disappointing by the lack of transparency and integrity this project is showing.

It's getting even worse. Now they state, that tokens are distributed 30-60 day AFTER second distribution phase ended (https://dmarketio.slack.com/archives/C65BE4X1T/p1503077355000541). The updated sale policy (https://dmarket.io/assets/documents/DMarket_tokens_sale_policy_EN.pdf) 3.7 reads now "3.7. The amount of DMarket Tokens to be provided to a User shall be specified in User’s Account on the Website upon completion of DMarket Tokens purchase by the User. The DMarket Tokens shall be sent to the User’s personal respective cryptocurrency wallet by the end of DMarket Tokens Sale phase #2 as defined in the Whitepaper and on the Website."

So they didn't only change the sale policy AFTER the sale already started but now they are stating again something different than written in the updated policy.

We haven’t changed the terms of the sale after it has started, and we are not going to do that.
As we have faced incorrect interpretation of 3.7, we have added it with the information to make it more clear and transparent.     
 
According to the short version of 3.7.
“DMarket Tokens shall be sent to the User’s personal respective cryptocurrency wallet immediately upon DMarket Tokens payment”.
 
It means that: “The DMarket Tokens are added to your personal respective cryptocurrency wallet after we start processing payments of DMarket Tokens.”

Investors can see the exact amount of DMarket Tokens in the personal DMarket account right after the purchase.
To make it more clear and transparent we added information to 3.7.

The amount of DMarket Tokens to be provided to a User shall be specified in User’s Account on the Website upon completion of DMarket Tokens purchase by the User. The DMarket Tokens shall be sent to the User’s personal respective cryptocurrency wallet by the end of DMarket Tokens Sale phase #2 as defined in the White Paper and on the Website.

Our approach is based on security and transparency, and equal and clear conditions for all investors.