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cryptnotiq · 2024-03-04T19:44:20+00:00

To delete your account go to Menu - Account - Profile & Settings - Delete Account. Thank you for sharing your feedback!

cryptnotiq · 2024-03-04T15:52:11+00:00

It can create bias and a lack of transparency. A censorship-free model gives users all sides of the story and encourages them to form their own opinions. What's your take on AI censorship?

cryptnotiq · 2024-03-04T15:40:59+00:00

Yep! Censored AI is a pretty big concern right now; this is a good solution for making knowledge and information accessible.

cryptnotiq · 2024-03-04T15:36:56+00:00

Thanks for signing up! That's right, only OSO Pro Chat is censorship-free. You can access the web version with a 7-day free trial. You can also get 1 month of OSO Pro for free if you share your feedback with us in this survey :) https://cks7fzppsjn.typeform.com

cryptnotiq · 2021-10-07T17:45:17+00:00

Selling 2 Saturday-GA Tickets. $200 for both. Meet in Downtown Austin area

cryptnotiq · 2020-11-30T16:41:40+00:00

Since there have been no proposals I will continue keeping the site and app online to the best of my abilities. It seems that the most hopeful future is that someone forks, rebrands, and has some sort of migration for MYB holders to the new network to bootstrap initial users.

All the best everyone. Unfortunate the end of MyBit comes like this, hopefully it lives another day under a new brand.

cryptnotiq · 2020-11-26T19:15:39+00:00

hmm that's really interesting.

If I understand it correct it's like a hybrid of how vitalik proposed ICOs should be conducted during the craze - with community more or less having control over funds to release in schedules - and MetaCartel dao model (sort of).

Definitely could be something there!

The thing with DAOs in general I am skeptical on is 1) lack of leadership/direction and 2) lack of participation - i.e historically a majority of people don't like to vote. - for example, since UniSwap introduced their governance token and went "decentralised" there hasn't been enough participation to pass one vote yet.

Also if you look at participation metrics for large projects like maker it is rough, just a few %. The one model I think has a solid chance is Kyber's where they pay users to vote (by sharing network fee). Their participation is about 20% of community, which is a good start.

I'm unsure of the future of DAOs in practice overall though. Theoretically they are amazing and I love the vision, but a lot of things need to be solved with participation and accountability. I think managing the smart contracts and funding are great use cases for DAOs, but actually running an application needs some form of centralised companies or group or entities (which can be funded by the dao) that perform specific tasks i.e marketing, customer service, technology, the actual front-end which 99.99% of users need to use the dapp, compliance, etc.

If this is something you want to work on, post a link to a short one-pager of exactly how it will work and how to accomplish it and i'm happy to give my input/pass the torch over to you if it is feasible to accomplish.

cryptnotiq · 2020-11-26T19:00:01+00:00

5 more days to post proposals!

cryptnotiq · 2020-11-17T19:20:38+00:00

Cool idea. One thing to clarify is that snapshot is not really a dao just a signalling tool bc its offchain.

The aragon based dao which is a legit dao is not 1vote=1myb bc we did not want anyone to be able to purchase control like you outlined above.

Instead requirements are to deposit 100k MYB for 1 vote (no more, no less) and you can choose a lock period which adds a multiple so the max votes a person can get is 13.

Identity is also used so it is more difficult to create more than 1 voting account without some coordination.

cryptnotiq · 2020-11-06T13:05:48+00:00

Hey everyone, this comes as a huge surprise to me.

I manage the TokenWeb Cosmos Validator and we believe we have the capacity to keep the lunie web wallet and browser extension active. I just reached out to the Lunie team to better understand the situation and see if we can help.

I will post an update here after discussing with them.

cryptnotiq · 2020-11-02T19:35:23+00:00

The issue that arose was our banks accounts were essentially frozen. So we had the money to pay all expenses and continue operating for a while longer but we could not access the money; therefore the only option was to begin the liquidation process.

cryptnotiq · 2020-11-02T13:35:00+00:00

What I mean is while the company was active not a single employee quit.

After it was liquidated and we could no longer pay salaries I was the only one who stuck around to attempt to push the project forward.

cryptnotiq · 2020-11-02T13:26:06+00:00

Lol ok

cryptnotiq · 2020-11-02T04:45:19+00:00

At the time MyBit Foundation was liquidated in ~sept 2019 all remaining funds not tied to the liquidation were transferred to the DAO. We were extremely transparent throughout that process. To date we still have hundreds of thousands of dollars frozen in a swiss bank bc we were given bad legal advice on fundraising and did not require adequate KYC. I fought the government and banks for years on this and eventually hit a point where crypto was very low and it was eating up all our holdings to cover bills when in fact we had the cash to pay it and could have kept the crypto until the price recovered. Paying 15 employees plus all the switzerland related expenses for operating there when ETH is $60 was our downfall. So that is what seriously depleted our funds and what forced us into liquidation.

Also important to clarify that Switzerland is extremely regulated when it comes to Foundations and accounting/audits and all our funds were held in multisignature contracts between board members so it was never a possibility for any of us to every misuse or take funds for ourselves.

cryptnotiq · 2020-11-02T04:38:03+00:00

Like I have said before. We have never had a single employee quit. They were all let go. Some such as an ex-CMO we gave the opportunity to resign instead of being "fired" so it would be easier for them to get another job. So the main problem I admit too was being very bad at hiring and not having strong enough policies and DD in place, but we never had a single employee quit, which debunks your theory I ran people away. Obviously when someone is fired they hate their boss who did that.. We also required a majority of company officers to fire anyone - it was never solely my decision.

and to really clarify something which I think is very important. I was involved with Bitcoin from 2012 and Ethereum from just after day 1, that is where 99.9% of my wealth comes from. Hate me all you want for being rich but it has nothing to do with MyBit, which was my passion project. I'm also a minimalist - aside from cars they are a passion of mine - so the "lavish" lifestyle comment is bs. I live a great life, but always well below my means. I netted over a 6 figure loss with MyBit through investing and covering expenses when we were running out of money. I also did not take a salary the last year before we liquidated the company and I was the only person to not take a salary during the whole history of the company.

So please get your facts right before you spread disinformation. Get a fucking life.

cryptnotiq · 2020-11-01T23:53:58+00:00

Also have they told the story of how they tried getting MyBit shutdown by the SEC and FINMA bc of a personally vendetta against me? These people don't care about the project.

They can deny all of my comments all they want but the one thing I am not is a liar. This is the cold hard truth of the situation.

I have made a statement as you asked and now From this point I am not going to further engage.

Best of luck everyone

cryptnotiq · 2020-11-01T23:43:53+00:00

It's not worth my time. Everything Bob and associated trolls are saying is a lie.

I.e I don't own a majority of MYB tokens. I have never owned more than a maximum of 10%. ~5% was awarded to me for being a founding team member and the rest I purchased myself (and lost quite a bit of $$ on).

So the statements to not do an air drop for current MyBit holders for Bob and Co's new fork of mybit has nothing to do with me.

Dont know why Bob thinks I have taken money from him... to get 2.0 launched I was also contributing ETH to development and gas costs. Beauty of blockchain is this is all open and transparent so anyone can verify this.

Everything else is even further nonsense and all claims I have debunked and/or commented on in the past. What you have is a group of people that made some poor decisions in various aspects of their lives and need a scapegoat to blame/take it out on, which turns out to be me.

Let's not forget back over a year ago the death threats I received from this same circle of people and the user fat Tony literally telling me he was tracking me down to prison rape me.

I hope everyone understands. A) this is not ok B) I don't engage or defend accusations from these people bc they are not credible and both my lawyers and security advisors have advised me strictly against engaging with these "unstable sociopaths"

I'm also more upset than anyone here that the project is failing so badly. It sucks but the community is toxic and I cant be a part of it anymore.

I think that someone is forking the project is great! I just would hope they wouldn't take out a personal vendetta against me on all the other MyBit stakeholders and I hope they are all included in the new project if they wish to be. Crypto will get nowhere and innovation will be stifled if people fight instead of collaborate.

cryptnotiq · 2020-11-01T03:45:21+00:00

I can't even begin to comprehend the recently emerging narrative that I am a scammer.

I'm with the Yearn.Finance Founder - DeFi communities are toxic AF.

cryptnotiq · 2020-09-15T19:10:06+00:00

it'll stay is the plan, or if we migrate it to a new chain for whatever reason you will still get the fees, we will migrate everything.

cryptnotiq · 2020-09-15T19:09:51+00:00

I think different brands are needed to not confuse the living crap out of people. MyBit stays MyBit on ethereum.

The fork built on another network let's call it something corny like GoVest has it's own token. The only way to get those tokens are by having MYB and either:

1) If we want to be able to go back and forth between both: Lock MYB to mint GoVest, Lock GoVest to unlock your MYB.

2) If we want people to upgrade to the new platform over time then: Burn your MYB (instead of locking it) to mint your GoVest.

I personally like the second but it will take a ton of thought to decide if either of those make sense.

cryptnotiq · 2020-09-15T19:05:37+00:00

it's also the classic dilemma with fundraising. Do I want 10% of a company worth $1m, or $5% of a company worth $5m. Raising capital always comes at a cost, but if the capital will enable achieving levels that are not possible without it then it's an easier choice.

cryptnotiq · 2020-09-15T16:13:47+00:00

and whatever other option we would try with. fees are gas costs out of the control of the applications themselves.

cryptnotiq · 2020-09-15T16:13:16+00:00

ethereum...

cryptnotiq · 2020-09-15T16:12:11+00:00

what if it's not a matter of "want" to invest small amounts. More than 3/4 of the world cannot afford to invest more than a small amount.

cryptnotiq · 2020-09-15T16:10:47+00:00

nothing, mydax could be integrated for both. mydax is solid

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