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  1. #1
    Stalker San's Avatar
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    DeepToken/MA Bank privacy concerns, future of withdrawals

    As promised in adjacent threads, this is the reply from support to said concerns. CEO must have remembered a good old trick from Minopolis and dragged an Araneatrox Stalker outside the office door to prevent anyone from leaving for the weekend. Hope they keep their staff fed and watered


    From: Support DeepToken <support@deeptoken.io>
    To: XXXXXXXXXXXXX
    Subject: Re: DeepToken Account Implications, Future of Withdrawals
    Date: Sat, 17 Mar 2018 21:41:58 +0000

    Hello San,


    Happy to be of service, feel free to post this conversation, we appreciate the respect of asking first, shows good character


    Best regards
    From: XXXXXXXXXX
    To: Support DeepToken <support@deeptoken.io>
    Subject: Re: DeepToken Account Implications, Future of Withdrawals
    Date: Fri, 16 Mar 2018 20:49:04 +0100
    X-Mailer: Claws Mail 3.13.1 (GTK+ 2.24.28; i686-w64-mingw32)

    Thank you very much! This was very informative.

    Would you have anything against me publishing this conversation on
    Planet Calypso Forum?

    Thanks again, kind regards
    San
    From: Support DeepToken <support@deeptoken.io>
    To: XXXXXXXXXXXX
    Subject: Re: DeepToken Account Implications, Future of Withdrawals
    Date: Fri, 16 Mar 2018 18:37:41 +0000

    Hello San!


    Thank you for your inquiry, allow me to break down your questions individually and address them:


    > Will Entropia Universe player accounts be transformed to accounts in an
    > official financial institution, with all legal implications? Or will
    > MindArk Bank or whichever entity administers DeepToken remain a
    > separate institution, and will there be a choice whether to sign up?


    The MindArk Bank will be a wholly separate entity from MindArk's EU related database and actions in regards to the Entropia Universe. It will be your choice to participate in either Entropia Universe, or the IPX which will have its own account and login information for content developers and those wishing to license content.


    > Will upcoming changes enforce revealing the connection between one's
    > avatar and real identity to any institution or authority other than
    > MindArk, the game company?


    Identification requirements to purchase DeepToken, and to choose to be part of any MindArk bank endeavors will be completely separate from the requirements of an Entropia Universe account.


    > It is most welcome that something is being done about the untenable
    > withdrawal times. If this is part of the development with DeepToken,
    > could you please explain how this is conceived to work?


    Utilizing DeepToken in deposit/withdraw transactions related to the Entropia universe will be separate from the existing methods in place, an additional option. The MindArk bank will help to facilitate this transfer once implemented, as DeepToken will not require the same holding periods that fiat currency does due to anti-money-laundering(AML) requirements and the potential for charge-backs on credit card deposits. The exact methods of deposit and withdraw with DeepToken will require various legal aspects that are being negotiated between the MindArk entities and municipalities after the sale. Our goal is to give you fast transaction options, while complying with various government standards for the security of everyone.


    As for live support, there is some crossover, however as the MindArk bank and Entropia Universe are separate legal entities, cataloging of questions, answers and responses is done separately to create a clear record of issues to address solely for the DeepToken offering.


    Please let us know if you have any additional questions.


    Best Regards
    From: XXXXXXXXXX
    To: support@deeptoken.io
    Subject: DeepToken Account Implications, Future of Withdrawals
    Date: Fri, 16 Mar 2018 08:14:56 +0100
    X-Mailer: Claws Mail 3.13.1 (GTK+ 2.24.28; i686-w64-mingw32)

    Hello!

    I've been in contact with your support chat the other day regarding
    the possible impact of MindArk becoming a proper financial institution
    on the privacy of players' accounts. I was asked my email address for
    the purpose of initiating a dialogue. Since the token sale has started
    and we haven't been in touch yet, I would appreciate very much if we
    could get this out of the way.

    The original chat transcript is attached below. Basically, what my
    question boils down to, is:

    Will Entropia Universe player accounts be transformed to accounts in an
    official financial institution, with all legal implications? Or will
    MindArk Bank or whichever entity administers DeepToken remain a
    separate institution, and will there be a choice whether to sign up?

    Will upcoming changes enforce revealing the connection between one's
    avatar and real identity to any institution or authority other than
    MindArk, the game company? (It may be welcomed by many to counter the
    longstanding problem of people creating multiple avatars for nefarious
    purposes, but we all know that this is a double-edged sword.)

    My other important question is about the planned future of withdrawals
    from Entropia Universe accounts, which is only briefly mentioned in the
    DeepToken whitepaper but i.m.o. the thing which Entropia players are
    interested in the most at this time.

    It is most welcome that something is being done about the untenable
    withdrawal times. If this is part of the development with DeepToken,
    could you please explain how this is conceived to work? What is the
    path from PED to DT (if so) to national currency going to be? The
    whitepaper focuses almost entirely on the IPX, which is a different
    application as it seems. But if I wanted to support development by
    buying DeepTokens I am much more interested in the other side at this
    time, and I'm certainly not alone among Entropia players. Since
    DeepToken is as good as unknown outside of this circle, it stands to
    reason to address their concerns first.

    As a sidenote, I sent this to Entropia Universe support first and was
    told that they are unable to answer DeepToken related questions and
    gave me this email address instead. I was confused when I seemed to
    recognize the name of Loki from the initial chat contact as a known
    in-game support staff member. Is this not going to the same office? You
    might like to issue a notice on community forums to avoid Entropia
    support getting overloaded by misadressed requests.

    Thank you very much for your kind attention.

    Best regards,
    San

    (EU avatar: Sandal San Tolk)

    Attachment: Original chat transcript

    Live Support
    How can I help?

    San
    Hello!
    I would like to know if signing up on this website, or getting in any way involved with DeepToken, creates a chance of compromising my online privacy, i.e. the connection of my Entropia avatar with my real-world identity to the public eye. I understand that with the official character of the endeavor (creating a proper bank etc.), proper identification is a must. But given how things are in Sweden -- e.g. the amount of information you can get about others just by knowing their personnummer -- I am more than just a little concerned. As a foreigner living in Sweden, I am sensitive to this issue.
    Thank you
    Chat started
    Loki joined the chat
    Loki
    Hi San welcome to Live Support.
    All the information or privacy as such are very descrite
    All information are very safe.
    MindArk company is very strict on the information that they have for users.
    San
    Thank you, I am aware of that and of course Mindark has my informatino on file. But banks are under different regulations. It may not be in Mindark's power to protect customer privacy in the same way. Authorities also may query bank accounts as they please, and do whatever with the information.
    I just mean that the transformation from being a customer of a gaming comapny to a bank account holder is something which can have implications not always foreseen. US citizens will have their special problems with that.
    Loki
    Okay so you are a US citizen?
    San
    No, I am German
    Loki
    Can I have your email address please?
    San
    The real-world one on file with Mindark or one I created for communications under my avatar name?
    Loki
    The one you are using real world.
    San
    Okay ^^ XXXXXXXXXX
    Loki
    So they can contact you and you can have answers on your questions.
    San
    Thank you very much. I understand it's a heavy question.
    Loki
    Indeed.
    San
    Have a nice day!
    Loki
    Have a nice day also.
    Loki left the chat
    Last edited by San; 03-18-2018 at 07:14. Reason: formatting
    1. I NEVER post off-topic.
    2. If you disagree, go to 1.

  2. #2
    Elite Konvicted's Avatar
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    ιη тнє ριηєคl glคηd
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    Very informative and good step done on your end San.
    Takeaway Truth:
    Forget ideology. They betray. They limit. They lead astray. Just deal with the raw data and trust yourself. Nobody is smarter than you are. And what if they are? What good is their understanding doing you? People walk around saying ‘Well, I don’t understand quantum physics but somewhere somebody understands it’. That’s not a very helpful attitude towards observing the insights of quantum physics. Inform yourself. What does inform yourself mean? It means transcend and mistrust ideology. Go for direct experience. What do YOU think when YOU face the waterfall? What do YOU think when YOU have sex? What do YOU think when YOU take psilocybin? Everything else is unconfirmable rumor, useless, probably lies. So, liberate yourself from the illusion of culture. Take responsibility for what you think and what you do.”
    – Terence McKenna

    The game is deep and the fame is brief..



  3. #3
    Dominant
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    I remain skeptical

    1. alphabet and google are already legal differents entities

    2. MindArk's Upcoming Blockchain Project

    Over the past year, MindArk has been closely following the cryptocurrency sphere and exploring synergies between the Entropia Universe platform and blockchain technology. MindArk has engaged an external team of cryptocurrency and finance experts to help formulate a unique and innovative token offering.

    This project promises to provide MindArk with a large infusion of capital which will enable accelerated and improved development of the Entropia Universe platform, including integration of virtual reality and blockchain technology, and which will ultimately benefit all Entropia Universe stakeholders -- participants, Planet Partners and shareholders.

    Exciting times are on the horizon for MindArk and Entropia Universe, and we hope we can count on your interest and support!

    More details on DeepToken, MindArk’s token offering, will be made available in the coming days and weeks.
    Born in Jason Centre in 2003
    Ghost Vagabond in 2017
    14 years of loot TT

  4. #4
    Dominant Strangelove's Avatar
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    This sounds like the "stock market" terminals that were removed years ago.

    And the "banks" which weren't actual banks.

    All of these, including ICO's are considered a "security" by the U.S. SEC.

    Basically, if it looks like a security and acts like a security, it needs to be registered IF you wish to include American residents. If you choose not to register, you need to exclude Americans or risk prosecution. See BetOnSports if you don't believe that to be the case.

    https://www.cnbc.com/2018/03/07/bitc...th-agency.html

    https://www.sec.gov/news/press-release/2017-227

  5. #5
    Mutated mastermesh's Avatar
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    Quote Originally Posted by morfoc View Post
    This quote is hidden because you are ignoring this member. Show Quote
    MindArk has engaged an external team of cryptocurrency and finance experts to help formulate a unique and innovative token offering
    It's interesting who exactly that external team consists of... as it's not as external as one might be made to believe by reading the wording of that phraseology...

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