Quote from: MeridianMDN on December 17, 2017, 05:27:52 PM

Quote from: Neversettle on December 16, 2017, 04:25:25 PM

thanks for the frequent updates. Looking forward to the release of the platform. Any news how the loan will function technically?
there was the idea of eth smartcontract per loan granted right?

Hello there,

A Smart contract is one way to do it - which is being explored.

However, we are really pushing towards something slightly more traditional and secure.

Issuing a digital asset denominated loan isn't the difficult task, preventing abuse of the system is something that we are much more concerned with.

Additionally - building records of loan repayments, cherry picking which details are more significant in proving/disproving the value of a borrower.

There is a lot to consider.

Also we are big proponents of open-source development but, in order to bring a higher level of value into the equation, a portion of the framework will be proprietary.

This will enable us to have a unique spot in the P2PLending market coupled with at least some protection that will ensure that our internal methods and processes will be somewhat protected/shielded from imitation.

So while smart contracts could play an important role in our public platform, there are other methods that are slightly more interesting.

Quote from: westerncoin on December 17, 2017, 03:12:30 AM

If your not adjusting the stakes, then you need to compensate your investors accordingly.

In no way shape nor form in any situation is that fair to people who actually invested real currency.

We paid real money. and your basically telling investors that those 32 people are splitting that 1.2m bounty.

Thats fucked on so many levels.

so we paid around 500$ usdt per 300 of this token.

copy/pasters are getting thousands. and facebook likes are getting 10s of thousands.

while investors paid around 1.40$ per token.

What a fucking ripp off of a company

Thanks,

We certainly will not be adjusting stakes in our bounty campaign.

All bounties will be delivered as advertised.

It is instructive to note that bounty participants joined our campaign based on the 'specific' incentives that we advertised.

As such, we will deliver their rewards as promised - without compromise.

Despite the negative view that you have presented concerning Bounty participants, we certainly do not share those beliefs.

In fact, Bounty Participants have been very pivotal for us and they must be rewarded.

We see no difference between ICO participants and Bounty participants. Both are on the same level of importance.

The Meridian team remains impartial, and there will be no favoritism.

Bounties will be delivered, as advertised. Without change, and without compromise.

Quote from: antagonist on December 17, 2017, 02:07:27 PM

maybe i think this westerncoins person is mentally challenged guy or some brain damage learning disabled at least ,, i purchase more than 5000 thousands mdn token from ico and i happy with way team are going so far , regular post they put here to answer question

i think maybe you are not mentally correct to be investor and i no believe that you purchase any mdn coin even that small 500 hundreds dollar that you say , i have saw in profile that you create fake coin westerncoin altcoin to sell and i saw many people laugh at that one so this is what make you qualify to speak crap in this place ??
why you say bounty people are less than investor is something wrong with brain

if bounty hunter not important then how you like if i say that small investor like you no important ? what if i say here that disable person like you should no be investor here in this place
that no right this is crypto worlds for everyone to enjoy and dev should keep their promoise to honor bounty if they change this one i no longer support

It's impossible to please everyone, and we definitely will not attempt to do so.

Our time is much better spent in honoring our promises, and pushing the Meridian project forward.

There are some who are happy with the work that we have done so far, and some who are not.

Everyone is entitled to their own personal perspectives.

We are concerned now with bringing Meridian to a live trading platform, and as some people here are aware - this takes time.

As always is the case, we will be keeping everyone in the loop - and well informed as things progress.

The Meridian Team

Thank you very much for your answer. Looking foward to the release and the technical details!