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Status ICO and the implosion of mEth (self.Buttcoin)

arretadodapeste が 投稿

90 million dollars raised so far to build a mobile app. mEthereum is raising the bar on ponzi schemes, prepare your wallets, because comedy gold will be raining anytime soon.

https://slacknation.github.io/medium/018/

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[–]Bitcoin_Chief 6 ポイント7 ポイント  (6子コメント)

I have no idea what i am looking at.

[–]DesolateShrubbery 6 ポイント7 ポイント  (3子コメント)

An intentionally "2deep4u" status display of a needlessly convoluted token sale. If you don't have to redefine at least 3 terms, you haven't made the token allocation complicated enough.

[–]Bitcoin_Chief 2 ポイント3 ポイント  (2子コメント)

Whats the name of the app?

[–]DesolateShrubbery 6 ポイント7 ポイント  (1子コメント)

Who cares? Invest now before it's too late! For every character I type, you've lost 10x in future profits!

[–]Bitcoin_Chief 2 ポイント3 ポイント  (0子コメント)

It amuses me to know the dumb shit mEth heads are throwing their money at these days.

[–]arretadodapeste[S] 2 ポイント3 ポイント  (0子コメント)

No one have, that's why they keep throwing money at it.

[–]GAW_CEO 1 ポイント2 ポイント  (0子コメント)

thisx5

[–]DesolateShrubbery 5 ポイント6 ポイント  (0子コメント)

My favorite part is the max funding per transaction:

current max funding per tx: 8.26 ETH = (limit - raised) / slope

Apparently this is designed to require the maximum number of transactions possible, in order to thicken the Ethereum mempool so that the comedy gold can be scraped off the top.

[–]disignore 4 ポイント5 ポイント  (0子コメント)

A "super"app that is going to be mainly used as a platform for "brokers", right?

[–]briatx 5 ポイント6 ポイント  (0子コメント)

Found this in the term sheet... where do I sign up?

Risk of abandonment / lack of success ​: The User understands and accepts that the creation of the SNT and the development of the Status Project may be abandoned for a number of reasons, including lack of interest from the public, lack of funding, lack of commercial success or prospects (e.g. caused by competing projects). The User therefore understands that there is no assurance that, even if the Status Project is partially or fully developed and launched, the User will receive any benefits through the SNT held by him.

[–]RaginglikeaBoss 1 ポイント2 ポイント  (0子コメント)

The worst part about this mETH wallet ICO ponzi is I finally got my damn hopes up.

But, no. I still have to drag my tweaker cousin Dale with his whole DAMN DESKTOP PC for his hookup. (His license is suspended, but he doesn't own a car anyway.)

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