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RE: Closing statement regarding the current SPL proposal (and all others for the future)

in #hive • 5 months ago (edited)

For sure the DHF should NOT be used to prop up failing ventures (like the banks were) but that didn’t appear to be what was proposed.

It's excatly that. The old management created a hole in their books, and they struggle to attract new users. Now they're asking for funds to resolve that situation.
Besides that, all they want to do with the money is some obscure marketing. I'm 90% sure that the issues the game faces go way beyond onboarding of new users. They didn't lose droves of old players (including me) due to onboarding issues. It's also not the cause for the value of their tokens tanking. Except if they're a pyramid scheme.

5 months ago in #hive by
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     5 months ago  

    There are many people who invested a small fortune, and they’d love to get some money back. Which basically means the not so early adopters need newbies to dump their assets, and that’s what generates the onboarding pressure.

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       5 months ago  

      Pyramid scheme confirmed

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       5 months ago  

      Well, it is my impression based on conversation with several investors. There's a Czech guy who invested spent like 40k euro on cards, and I am quite sure he haven't got most of it back yet. Nobody buys cards in a mass scale now.

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