Post
Topic
Board Announcements (Altcoins)
Re: Monster Byte - Established Gaming Operator and B2B Reseller
by
TuckTuck00
on 09/12/2017, 20:50:40 UTC
Are you still spending funds or did you allocate all the funds from the ICO? Can we see a balance sheet with expenses laid out from the 1 million raised? Also with some of the profit why can't you pay to be on a legit exchange like cryptopia? I think they ask for like 5000 which is only .5% of what u raised.

Good questions.

We will show balance sheet in the next report, it was a miss this go around.

We have tried Cryptopia, they never got back to us but we'll try again. We've also tried hitbtc, liqui, and novaexchange without success.

There is an ability to trade MonsterByte on the Waves dex with limited liquidity right now. The only exchange would take us were going to charge us $40,000 US for 6 months.  Definitely didn't seem in anyone's best interest to pursue that any further.


So let me get this straight-

1) In your faulty white paper, you said you would be adding MB to exchanges (I'm guessing you knew that would cost $40k since it is your white paper and surely you did you due diligence).

2) Now that you raised all this money, you're saying $40k is too expensive to list your coin, so you're not doing it (even though it's in your white paper).  So you either lied to your investors to entice them into giving you money OR you're just plain too stupid to understand how coins get listed.  I'm guessing it's a combination of both.

3) As a result, you're going to build your own exchange?   LOL did I read that correctly?   A company that didn't even know that exchanges charge $40k to list their coin is going to start from the ground up and create their own exchange?