Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Dmarket - the worlds first decentralized, cross-game marketplace.
by
CYPER
on 22/08/2017, 03:17:36 UTC
1 - Your current sale is no different to what you are describing. You currently use 2 currencies (ETH + BTC) and 2 blockchains. If you used a Smart Contract you would still use 2 currencies (ETH + BTC) and 2 blockchains. There is no difference, apart from more security for you investors when using a Smart Contract, because then the token release is automatic. Now every investor has to trust you, that you will do as promised. This is the exact opposite of what the Smart contracts was designed for. And your point about fraud is equally relevant with or without Smart contracts. Actually it is more likely without a Smart Contract.
2 - I am not arguing over the existence of all investors' ether transactions. My point is that no tokens has been created. Please explain to me what Your token balance: XXXX means exactly. What tokens are these?
3 - You will be using ERC-20 tokens, but you won't be using a Smart Contract?


1) In our previous posts, we have already explained you the technical details and our approach, and how it will protect our investor. There is no need to repeat it twice or even three times. It is based on the many-years-successful expertise of our team, that we totally trust and believe in. The investor trusts the project and the team behind it. And we have it all.
 
We do appreciate your opinion and respect it. We are also kindly asking you to respect bitcointalk participants and do an effort not using red colors while expressing your opinion. Thank you in advance.

2) The token balance on the account is a number of tokens that the investor will receive on his personal respective cryptocurrency wallet by the end of DMarket Tokens Sale phase #2
Everything is clear, transparent and equal for all DMarket investors.

3) . It is based on smart-contract technology as every token on ETH network.
Once again: the combination of our service and smart contract technology of token sale will guarantee simplicity, reliability, clarity, and safety of the contributions and token accrual to the personal wallets of contributors.



1 - I appreciate you trying to explain it, but what you are saying still makes no sense and the reasons behind are invalid. You again failed to provide a valid reason why your method is better than a Smart Contract.
2 - That is the reason I said the number is cosmetic. There is no such token created yet = there are no transactions associated with it.
3 - You are absolutely contradicting yourself. First you say "As the Ethereum smart contract won’t be driving the marketplace, we’ve chosen the simplest and the safest way for token distribution during the token sale." and then you say "We will use a smart contact to distribute our tokens after the Token Sale phase#2"

I see that a lot of people trust you, but when you fail to provide clear answers then for me that's a sign to be vigilant and I urge all your investors to so the same.

The facts are:
1 - There is no valid reason not to have used a smart contract during the sale.
2 - I asked twice if akhavr was part of your team and you chose to be silent about it and neither confirm it, nor deny it. This clearly shows a lack of transparency.