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DeepToken Website Launched

Naverith said:
Mr. Frog was swimming to and fro in his little creek, when he heard someone holler at him.

"HEY MR. FROG - COME HERE!" Mr. Scorpion yelled from the far bank.

Staying a safe distance from the scorpion, the frog asked "What do YOU want, Mr. Scorpion?"

"Well, I've got to get home to my wife and young'uns and I can't swim. Can you give me a ride to the other side?"

The frog laughed: "You are kidding right? Your kind kill everything you come across. I'm not going to get close enough to you to get stung."

The scorpion argued with Mr. Frog "Look. If I were to sting you, we'd both die, wouldn't we? All I want is to get home, and I promise you I won't do anything to harm you or put you in danger. Plus, I'll owe you a favor in the future, for helping me."

Mr. Frog thought, that sounds reasonable "O.K. - jump on my back." and he swam close to the far bank.

Mr. Scorpion jumped on Mr. Frogs back and away they went.

Half way across the creek, Mr. Scorpion swung his deadly tail up into the air and WHAM, drove it into Mr. Frog's back, paralyzing Mr. Frog instantly.

"YOU FOOL - YOU JUST KILLED US BOTH! YOU PROMISED I'D BE SAFE!"

As they both sank under the water, Mr. Scorpion said "Sorry - couldn't help it. After all, I AM a scorpion, aren't I." and they both died.

MA says they have a "new" idea to help us and help the game. I call scorpion.
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:rofl: great!

you are sooo right!
 
matthew said:
I read the white paper and was never under the impression that "the first-round sale of DeepToken DTA was never intended to be the only round."

I'm so sure MA make things up as they go along lol.

My condolences to anyone who bought the tokens :laugh:
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it was written between the lines I had said before the end of the first round, now I think the DTB will probably be lower down to $ 0.10 or other amount diferent to 1$, but of course the buyers of DTA will receive in compensation the equivalent in DTB useless :laugh:
buy air box is exactly the same :laugh:
frankly this shot if I had seen it coming but I do not think it go dare :dunce:
 
The only issue here is that MA didn't read their own FAQ which clearly stated that
1) there is only going to be one Sale
2) there is not going to be any type of pre-sale.

FYI MA posted on Facebook that they have submitted another bank request due to the high volume of sales in the umn, first round.

FAQ: Why is MindArk Re-Applying for a real world #BankingLicense?

The original application in 2009 was voided by #MindArk due to the global financial crisis at that time. Now, with the release of the #IPX and #DeepToken, MindArk feels it is prudent to re-apply for their banking license to expedite transactions associated with the IPX and associated virtual environments.
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Again the only real issue I have with this is it's not inside EU anymore and due to this anything MA may do wrong could hurt us all.
 
statistically there is really a very small chance that MA receives a banker's title. between a dream and reality there is a huge step.

-rather continuous has developed a Game
-build a bank
-and build an IPX
all with the same budget someone believes he really has it? :rolleyes:
 
They were already approved in 2009!

morfoc said:
statistically there is really a very small chance that MA receives a banker's title. between a dream and reality there is a huge step.

-rather continuous has developed a Game
-build a bank
-and build an IPX
all with the same budget someone believes he really has it? :rolleyes:
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Clearly you have no information that is relevant. The owner of Mindark, came from the banking industry. Mindark already had their approval for their banking license back in 2009 and then suspended it due to the financial crisis.

So, don't talk smack, if you have no idea what you are talking about. The banking license is the least of their worries in proceeding with the project of Deeptoken. Haters will hate, but its moving forward, and will be successful.
 
DakinGaros said:
Clearly you have no information that is relevant. The owner of Mindark, came from the banking industry. Mindark already had their approval for their banking license back in 2009 and then suspended it due to the financial crisis.

So, don't talk smack, if you have no idea what you are talking about. The banking license is the least of their worries in proceeding with the project of Deeptoken. Haters will hate, but its moving forward, and will be successful.
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luckily I am mainly interested in game and their bank has no interest for me. on the other hand the $ 12M make me think of a beautiful money laundering from DTA to DTB :rolleyes:
and from what I could read and see it we try to have it in 2009 but no document just has their words
However, MindArk is well
positioned to do this and confident
of a successful license application
having been previously granted the
same banking license in 2008. Due
to the global financial crisis at the
time, the project was put on hold.

it's easy to turn a phrase to your advantage, but that does not mean that we've had
if he had the license he lost the same year otherwise he would not need to ask again

after they do what they want with their business but take the money from the players by promising them wonders while the money is used to something else is not correct
 
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DakinGaros said:
Clearly you have no information that is relevant. The owner of Mindark, came from the banking industry. Mindark already had their approval for their banking license back in 2009 and then suspended it due to the financial crisis.
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Is this verifiable?

Edit: Found it. The link to Finansinspektionen does no longer work, granted it's pretty old. I must have read about it earlier, but forgot. Now, what does this mean for the current plans, is this a headstart in any way?
http://terranova.blogs.com/terra_nova/2009/03/mind-bank-får-banktillstånd.html
 
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10 years later we try again the same thing, beautiful evolution. :rolleyes:
Token Sale Proceeds allocation

Development of the IPX including Entropia Universe Development - 50 % ( and how much % included EU :rolleyes:)
Marketing and PR - 25%
Business Development (B2B) - 5%
Legal and Regulatory - 5%
Token Offering Costs (Advisors and Enablers) - 10%
Contingency Fund - 5%

on the other hand in the first page they insist on Entropia Universe and IPX
MindArk, creators of the virtual reality platform Entropia Universe, created DeepToken as an extension of its vast ecosystem consisting of business developers, institutions, token holders and platform users. From the start, DeepToken holders will benefit from the connection and consumption of tokens within Entropia Universe, and through the creation of the IPX, DeepToken will have a multifaceted use.
DeepToken holders will immediately benefit from the consumption of tokens used for transactions within Entropia Universe, which has over 3 million registered accounts; as well as over 70,000 currently available assets which will be introduced into the IPX by MindArk and existing partners :dunce:
you do not see that they attract players by putting forward on EU and then IPX but in fact EU must have such a small amount
 
3mil registered accounts... pfft they should also mention that under 6k "active" accounts which means 1 global a month
 
I guess the 2nd lottery will launch when you need liquidity again, leaving you with 6 months of latency so you do not look like fat thieves :rolleyes:
 
morfoc said:
I guess the 2nd lottery will launch when you need liquidity again, leaving you with 6 months of latency so you do not look like fat thieves :rolleyes:
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I hope it will be legal in the USA by then. :rolleyes: :tongue3:
 
Anyone know how much they raised from this?
 
LuisArkadov said:
Can't believe MA is so shamelessly moving on and without any official word on this whole Conpet desaster.

Absolutely disgraceful money grab.
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Sad to see how greed can ruin a wonderfull gaming platform. The best and most succesfull have their priorities different. The gain of wealth/profit, is only but secondary with succesfull companies.

In my honest opninion and experience, the primary focus should be a genuine cherished love for the platform, the peops involved and the experiences it provides. Morover the profit gain should be considdered a suprize and secondary only to the primary.

The most prolific Casinos on the Vegas strip, set their slots to a high pay-out percentage, of aprox between the 60-75% ranges. Yet these casinos make the best turnover and highest profit. Howcome Mindark, do not understand the formula? This practice attracts more clients and foot-traffic, which results effectivelly into a higher turnover.

Ive seen many small and big companies go under due to greed-driven price jacking and general bad and dishonnest bussiness practice. Its all about the peops staffing those desk, even more so the guy who manages the staff. It aplies to all Bussinesses , even reataurants. Check out Gordon Ramseys vids and it will give you some idea, what I am talking about. He exposes all that bad crap and a good study overall.

(Someone, please send Mindark, a few copies of Dale Carnegies Book; "How to make friends & Influence people." Uhm, dont let the title fool you. this book is dangerous in the wrong hands." And a compulsory read at University level Bussiness studies. )

Mindark please, never lose the human connection and touch. Your clients and especially paying clients, are Human Beings damnit! Dont you ever forget it. It does NOT matter what you, I or anyone else here believes, you will answer to a higher power. Everyone has to.

I am not saying this with feelings of mallice or ill-intent, far from it actually. I like Mindark, I love Entropia Universe and the people that makes this experience, what it is. We have a good symbiotic thing going here and it shows promise. Nurture it. Lets make Entropia Great again! :)
 
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Looking at the promotion video it looks like this is in high demand by us :-D
Nice with an option to withdraw all the money I have made in this virtual universe! :laugh:
 
OZtwo said:
The only issue here is that
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The issue, for me, is that MA didn't provide an option to buy deeptokens through web and store it on one of MAs servers (or another trusted server). I would have liked to tried it out, but in an easier way (not having to install deeptoken storage software). And now when it's sold out I guess it's too late to get into (the original) deeptokens even if MA some day implement an interface to it.
 
What a great idea, these "Deep Tokens" are. Ah - were, er - could be, ah - might be, well, you know.

Those who don't learn from history (Mindark's, that is) are bound to repeat it .
 
Lets all remain optimists and with positive outlooks. Its not easy to run a platorm and way more harder with difficult clients. We have to be as much understanding, as we expect the game-host. to have towards us.

Land-owners understand the strong feeling of responibillity and share this responsibillity with the Host, Mindark.
 
When I was young, I worked for one of the survivors of an Auschwitz Death Camp. He had a very astute saying about the ass-kissers amongst his own people:

"The Nazi's have you on the ground, kicking your face in, and you're worried about getting blood on their boots?!"

What part of "Those who don't learn from history are bound to repeat it" don't you understand?
 
Naverith said:
When I was young, I worked for one of the survivors of an Auschwitz Death Camp. He had a very astute saying about the ass-kissers amongst his own people:

"The Nazi's have you on the ground, kicking your face in, and you're worried about getting blood on their boots?!"

What part of "Those who don't learn from history are bound to repeat it" don't you understand?
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I call it the "Gothenborg-Syndrome". It is a modern day afliction the the RCE gaming-industry. If you need therapy, seek immediate professional counceling. :lolup:
 
Spacejanitor said:
I call it the "Gothenborg-Syndrome". It is a modern day afliction the the RCE gaming-industry. If you need therapy, seek immediate professional counceling. :lolup:
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Except Naverith is correct. Your easy dismissal is disturbing considering their recent track history of selling stuff on promises and then not fulfilling it or halfassing it. It isnt about difficulty of running the platform. It is all about their betrayal of trust and a couple recent things like with statues could be borderline criminal - especially when in any other environment you would initiate a chargeback because you bought something that you never received (after years) and you would be further penalized for doing so.
 
atomicstorm said:
Except Naverith is correct. Your easy dismissal is disturbing considering their recent track history of selling stuff on promises and then not fulfilling it or halfassing it. It isnt about difficulty of running the platform. It is all about their betrayal of trust and a couple recent things like with statues could be borderline criminal - especially when in any other environment you would initiate a chargeback because you bought something that you never received (after years) and you would be further penalized for doing so.
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Never said he was incorrect. Frankly everyone has his right of way and stance sure. You may have a point there tho. Just like respect, trust must be earned. Then there is the fact that I know too little, somebody told me Mindark had a complete change over of the guard and ownership, which resulted in a serious gradual decline. Perhaps it is better for me to have not known Mindark 1.0 as opposed to only Mindark 2.0. They say it is worse having known the golden agen than never having known it and not being able to draw a propper comparison.

How can a second-hand owner, love, cherrish, build and maintain a creation, not created by him/her . the same way or even better? Is it even possible? Could you hack it?

Now....if an entire virtual community is at ods with the platform creator....how is it going to solve or correct things, other than making them just dig in more? There must be some amicable tactifull way to get to the coombyaja stage? For Christ sake this is supposed to be fun and entertainment and mindark is in the entertainment provider industry. Arent they suppose to make us happy and put some smiles on our faces? If I am going to tell you that all my game-play was terrible and bad, I would be lying to you. I am not a liar. Or try not to be.

I could choose to let my losses affect me, or I could choose not to. I dont think its fun falling into the fires of hell with a evil grin and a massive bag full of cash. Just feel sorry for them, thats all. In the end, only 4 things real and forever. Love, Memories, Experiences amd Relationships. More precious than all this materialistic and superficial fakery. Let the fools unto their own vices. They are acursed by it. And they are never satisfied or content.

That all being said....yesterday is gone forever, we have only tomorrow to look forward to. So can we all just look forwards, instead of just backwards? There is great exiting new yonder with every sunrise of every single day. Carpe Diem! And make it count. Have you touched somebody today and made a positive diff? There is always tomorrow :) :) :)
 
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NPV said:
Yup and you will see the true colors of Mindark. Bots, fake accounts etc etc, all promoting Deep Tokens as next best thing since sliced bread.
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mindark indeed shows lots of scam activity "lately". deeptoken scam, statues scam, space scam. i asked them to provide me all the details they have about me due to the new gdpr law. they said they will provide it in a timely manner. the timely manner by law is 1 months. i got the notification that the support case got closed as there was no further input from me (last thing they said was that they will provide it to me in a timely manner Oo)
i asked it on the day where the gdpr went live which was 2 months ago. wonder which will be more, 10 million euro or 4% of the annual income. cos that is the penalty for this. gotta let the authorities know i guess.
 
Me Really Never said:
mindark indeed shows lots of scam activity "lately". deeptoken scam, statues scam, space scam. i asked them to provide me all the details they have about me due to the new gdpr law. they said they will provide it in a timely manner. the timely manner by law is 1 months. i got the notification that the support case got closed as there was no further input from me (last thing they said was that they will provide it to me in a timely manner Oo)
i asked it on the day where the gdpr went live which was 2 months ago. wonder which will be more, 10 million euro or 4% of the annual income. cos that is the penalty for this. gotta let the authorities know i guess.
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Start from here?

Swedish Data Protection Authority ("Datainspektionen"), Drottninggatan 29 5th Floor, Box 8114 104 20 Stockholm
Tel. +46 8 657 6100
datainspektionen@datainspektionen.se
www.datainspektionen.se

Entropia is not a scam as long as they pay out and pay out they will, since running an unregulated online casino is great passive untaxed income. Check with your nearest accountant, what im talking about.

Can't say that about Mindark other projects. It's not that we should sue or tell on Mindark, it's their activities that should have supervision. Like casinos are bound to audits and supervison, so should Mindark products, backend, code etc. Currently there is no such thing, they get away with all the shit because Entro.. *cough* casino *cough* addicts have really poor sense of judgment and lack of any knowledge how to protect themselves. Making forum posts "I will sue Mindark", "where is my statue", "where is my this and that" is about as much as their tiny brains can conjure. They don't actually do anything about timkrans sitting on their face and wallets. You think he shed a single tear for making almost 2m$ of these addicts ?:laugh: It's almost 2m$, because making a mobile app is not completely free ;)
 
Didnt they originally try to start a bank but got denied so they thought up entropia universe? If so and they manage to get funds for this new bank scheme you bet entropia will be in the toilet quickshit as there original plan finaly went ahead and entropia will be chump change. I mean you have to be blind too still think they give a shit about the game.
 
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