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Offline onceuponatime

Caveat crypto-emptor
« on: June 04, 2014, 07:16:18 PM »

The First 'Bitcoin 2.0' Crowd Sale Was A Wildly Successful $7 Million Disaster:

http://www.forbes.com/sites/kashmirhill/2014/06/03/mastercoin-maidsafe-crowdsale/

Offline xeroc

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Re: Caveat crypto-emptor
« Reply #1 on: June 04, 2014, 07:46:59 PM »
First? They were second! PTS+AGS have been first ...
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Offline onceuponatime

Re: Caveat crypto-emptor
« Reply #2 on: June 04, 2014, 07:51:18 PM »
First? They were second! PTS+AGS have been first ...

Did you hear that Kashmir Hill/Forbes Staff?

Offline Stan

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Re: Caveat crypto-emptor
« Reply #3 on: June 04, 2014, 08:54:29 PM »
First? They were second! PTS+AGS have been first ...

No, they are doing a crowd-sale.  We are not selling anything.

PTS is just an altcoin you can mine or buy from others (not us)
to try to get targeted by developers
who see promotional advantages in a free airdrop of their new product samples
to a demographic of people who understand DACs.

AGS is just a public ledger of donors you can get on by donating to a development trust, 
to try to get targeted by developers
who see promotional advantages in a free airdrop of their new product samples
to a demographic of people who donate to developers!

We think these are two demographic "mailing lists" that every savvy developer will want to honor as airdrops replace mining as the preferred way to get a fair (but targeted) distribution of new give-away samples.  Targeted airdrops to finely-tuned demographics are far better than tossing your samples into a few zip codes or to all the uncaring masses of a typical currency.  Companies pay big money for focused mailing lists.  We have generated two outstanding lists - and make them available for free.
« Last Edit: June 04, 2014, 09:00:19 PM by Stan »
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline luckybit

Re: Caveat crypto-emptor
« Reply #4 on: June 05, 2014, 05:00:29 AM »
The First 'Bitcoin 2.0' Crowd Sale Was A Wildly Successful $7 Million Disaster:

http://www.forbes.com/sites/kashmirhill/2014/06/03/mastercoin-maidsafe-crowdsale/

This is actually accurate. But more importantly is the behavior of the SEC which has been obscene lately. They fined Erik Vorhees.

And they had no legitimate reason for doing so other than it's the law. Out of every other case they chose this?

Fortunately the fine was a reasonable $50,000, it could have been worse.
« Last Edit: June 05, 2014, 05:02:29 AM by luckybit »
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Offline xeroc

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Re: Caveat crypto-emptor
« Reply #5 on: June 05, 2014, 06:39:17 AM »
First? They were second! PTS+AGS have been first ...
No, they are doing a crowd-sale.  We are not selling anything.
Good point :-)
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