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RE: HashRush Is In Alpha Phase But Getting Sketchier By The Day.

in #gaming6 years ago (edited)

I did have faith in the project... I was even ok with the changes that they rotated to after giving a specific plan of events in the initial whitepaper for the first ICO.

But at this point they did a huge Crypto NO NO... you don't say that a certain amount of funds are going to be locked up to your investors then turn around and sell again... shady companies do that...

Your right I was on board with HashRush since the beginning... invested my hard earned crypto into the project, for them to turn around and have zero respect for my support.

Fact is they lied about one of the most important factors in their project.. their token.. so tell me why should someone have faith in a project that is lying straight to their face.

After getting shut down in the discord I left the channel.... I hope to unload my tokens that I have been holding for a year and be done with the project.

And your right they very well may not be exit scamming or anything... but name one other project that pulled something like this that is still legit and going.

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As I said it would be better if you discussed about it directly with devs then spreading out things which might be wrong. Also I am not saying that all your points are invalid, but you are just not up for discussion. I was in discord. No one at least shut you down. In fact they are eager to have a chat with you. I think it's just your frustration which is coming between a meaningful talk. And of course you are free to do whatever with your tokens. Those who believe in project will anyways be ready to buy them.

Maybe you are missing something or maybe Hash Rush guys are missing something. But things will clear with talk, not frustration posts. And frankly speaking you have every right to say positive or negative about Hash Rush. Maybe I would have done same but at least after doing a through discussion with team. And if then I felt dissatisfied with their answers, then probably I would have vent out my anger.

I did read their whitepage... and I did just finish re-reading it.

Take aways....
Premium player status for a monthly subscription.

The 30K is subject to change... and hashrush changes their mind quite often.

They are setting aside 5 million rush for employee bonuses..

and the have 37 million set aside to flood the market how they see fit... at least you can say they are not promising to lock it up... or anything.... but they do say that they will 100% influence the RUSH economy how they see fit... so yeah I expect token sales to happen all the time.

  1. Premium membership is totally optional and free players can still compete for reward pools. Only thing is Premium members have access to bigger reward pools and many other perks like less market fees, free items etc. none of them which really increase their winning chances.

  2. Even though they have mentioned 30K is subject to change, but it is to indicate that the prize pool may increase also or maybe less in case we see a bear run. They have been promoting the $30K pool everywhere, I am sure they wouldn't make it less for any trivial issues.

  3. All ICOs set apart some % for employees. It's not like they are increasing the total supply. Plus the tokens will be locked for a year.

  4. Well, one thing that you are doing wrong here here is that you are tying Rush token to just the Hash Rush game. The truth is that Rush token is now not limited to just the game, but other projects also. Maybe in future they will launch more projects or games and then Rush token will be used there as well. So I think if they are expanding the scope of project then it certainly increases the value of Rush token and not decreases it.

And that's if they do any other token sale. It's not something which you can do anytime you want to or need to.

I am kinda surprised that you are taking everything so negatively. Every other point makes you believe something is fishy. What's wrong dude? It doesn't seem to be something related to just the announcement of the ICO. You probably have some other issues with project.....
Plus the fact that you are not ready to talk to team and clear your issues makes it kinda weird. Craig is online on Discord right now. I am really hoping to see you debate there.

I really didn't have issues with the project. (as in the game)

I brought up the premium because you said it is not pay to win.. but it kinda... is..

I said that the 30k is subject to change because they are not even halfway there in hashrate (if I recall correctly)... according to their whitepaper.

Anyway it doesn't really matter.. the issue is they lied and it was not no small thing. I talked to many people in my circles and not only do they all agree that it was shady but I think all of them but you are jumping ship.

Not only is what they did with their token lockup wrong... but it is probably illegal to lie to your investors like that.. I will have to do more research on the SEC regulations to determine if what they did was criminal here in the US. If a non-crypto security did what they did there would be jail time.

I would debate the developers... but honestly I don't see the point.. I am sure they could justify it or spin it in such a way that puts them in a good light... but why would you believe it? obviously they are not oppose to lying or going back on their word....

I wish the best to you, and to your adventures in this crypto-gaming space.. but HashRush is bottom of the barrel now... right there with EtherCraft.. yeah they can still make it happen... but I don't believe it.

The thing about frozen tokens. I actually asked Craig for explanation regarding it and he gave me good explanation after which I have no doubts left. As I said before, you are just missing some important things. It is still a nine but you are just standing on the opposite side and seeing a six. Well anyways, I will refrain from more explanations. Let the team answer your queries. Good Day.

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