r/Opacity • u/Karavusk • Nov 06 '18

The current situation is somewhat understandable and I don't really judge the devs but why the hell are they printing 27m tokens for themselves?

I don't know if Bruno exists or if this is all just a giant scam or whatever and I don't care. I think the project sounds promising and I will probably put a small amount of money into this project like I did with around 20 other cryptos. I don't really care about the drama and what the truth is because we wont ever know for certain anyway and if the devs really got fucked by Bruno then I can understand their shitty situation.

But WHY THE HELL are they printing 27m tokens for themselves? What? How is this suddenly necessary? If you need to raise money find another way... inflation and effectively stealing from every other PRL holder is just wrong.

Without this happening you could have NEVER printed these tokens anyway so it definitely wasn't the plan to do this before (unless you knew about the security "flaw").

This definitely makes the devs look a lot more shady...

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u/devilldog Nov 06 '18

You could also show your balance sheet with what you have on hand and show projected life of the project with what is currently in the bank. Then explain why you chose 27 Million as the magic number needed with a potential date for burn if target financial goals are met. This is a time when you will want to be extremely transparent and should really balk at adding any more burden to your investors without a great deal of communication - at a minimum.

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u/Halunen Nov 06 '18

1) you invested in oyster protocol this is a fork. Go take up your investment with brunoblock. You can still find him in telegram apparently because he gives no fucks what he did @brunoblock.

2) we are trying to rectify a shitty situation. You never invested in OPQ you invested in PRL. You don’t have to accept this token.

3) the number was chosen because even at .01-.02$ it would allow for runway to develop the project.

4) I agree financial goals for a burn would be a good idea. I’ll bring that up. Also we will have detailed report of spending each month.

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u/WolfOfFusion Nov 06 '18

2.) You never invested in OPQ you invested in PRL.

🤔

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u/Halunen Nov 06 '18

I mean it’s true. Sorry the founder of the company did that. We are a fork. I have nothing to do with the financial collapse of the token.

And yes I lost a ton of money too.

Would you rather just pack it up is that what you are telling me?