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MinexCoin will come with an update Thursday
#1
The price of MinexCoin is a fraction of the ICO price and way below $1. Question is if it ever go higher again? I wrote support a few days ago but got no answer. On Telegram they are still active and I found this post from Boris (the founder).

"Dear community!

On the next Thursday, we are going to provide you with a big update about current situation of the ecosystem and future plans on its developing. I apologise for my absence and lack of communication with the community recently. This pause was necessary to make a solid and systematic analysis of the situation and to elaborate our future steps since Minexcoin project is in priority for me. I have received a lot of private messages and kindly ask you to understudy it using  Google form  (https://forms.gle/zH8MYoVt78iDkk537) so it will be easier to keep on track and work with it. Hope that the mentioned update will answer to all your questions and bring confidence in the project future. 

Boris"
Cardano is the most promising 3 gen. crypto right now.


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#2
(2019-07-06, 10:58 AM)Carsten Wrote: The price of MinexCoin is a fraction of the ICO price and way below $1. Question is if it ever go higher again? I wrote support a few days ago but got no answer. On Telegram they are still active and I found this post from Boris (the founder).

"Dear community!

On the next Thursday, we are going to provide you with a big update about current situation of the ecosystem and future plans on its developing. I apologise for my absence and lack of communication with the community recently. This pause was necessary to make a solid and systematic analysis of the situation and to elaborate our future steps since Minexcoin project is in priority for me. I have received a lot of private messages and kindly ask you to understudy it using  Google form  (https://forms.gle/zH8MYoVt78iDkk537) so it will be easier to keep on track and work with it. Hope that the mentioned update will answer to all your questions and bring confidence in the project future. 

Boris"

What are they going to conjure out of their magic hats?
What is this thing that builds our dreams, yet slips away from us?

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#3
Don't know, but MinexCoin has been the disaster I feared from the start
Cardano is the most promising 3 gen. crypto right now.


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#4
(2019-07-06, 02:36 PM)Carsten Wrote: Don't know, but MinexCoin has been the disaster I feared from the start

I still believe in that coin.
What is this thing that builds our dreams, yet slips away from us?

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#5
I wonder why you still believe in MinexCoin.
Cardano is the most promising 3 gen. crypto right now.


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#6
Carsten, keep us updated on this.
What is this thing that builds our dreams, yet slips away from us?

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#7
(2019-07-09, 06:13 AM)Hugues Wrote: Carsten, keep us updated on this.

I will
Cardano is the most promising 3 gen. crypto right now.


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#8
(2019-07-09, 08:24 AM)Carsten Wrote:
(2019-07-09, 06:13 AM)Hugues Wrote: Carsten, keep us updated on this.

I will

Still no updates?
What is this thing that builds our dreams, yet slips away from us?

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#9
No news
Cardano is the most promising 3 gen. crypto right now.


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#10
So here is the update....in Russian https://medium.com/@minecoinorg/the-end-...77636c9fe4

Google translate says. No card and no fiat integration. Card orders will be refunded. No Dex since it was a mistake. Basically MinexCoin is dead in my opinion.

"Become a member of the Mineral Code | MinexPay Follow Jul 12 · 12 min read Dear Community, for a certain period there was no news from us. This pause was needed for a cold analysis of the situation and the development of an action plan. The purpose of this post is to highlight the current situation and the future development of this project. About card project It was decided to stop the movement in this direction. Connecting the fiat world and the world of decentralized technology at a qualitative level is impossible at the moment. Due to the lack of clear and transparent mechanisms on the part of the fiat world for the world of decentralized technologies, we and other similar projects cannot provide high-quality and long-term service. As a result, in spite of the money spent, nerves and time, ours and our clients, for almost a year, we are refusing to move in this direction at the moment and decide to focus on other more effective areas for the project. We apologize for not being able to do quality service. Time, money and energy was spent a lot, we did what we could, unfortunately, for the company it was not a very profitable move, but we learned a lot of lessons and are ready to move on. Anyone who ordered the card will be refunded MNX with a bonus. Errors There were many unfavorable factors that we unfortunately could not influence, but there were also our errors. Mistakes make everyone stronger, including us. It is important to admit this to ourselves, take a lesson and move on. Due to the lack of an audit of the existing situation and risk assessment, it was decided to start a card project at the wrong time, it was a mistake, but there are others who determined the current situation of the company. MinexDex At the moment we consider it a mistake to make a decision to develop a decentralized exchange. A lot of money was spent on it, a lot of attention was paid, which could be directed to other products. MinexDex and other truly decentralized exchanges - in fact, the product is not in demand because of the speed of exchange and because of the complexity of use by the average client. Mass market to seize this product is difficult. So, when it was created, in spite of quality marketing, the product would have failed. The final trigger for making a decision to stop the development of the exchange was the developers' uncertainty about the possibility of successfully completing the product: the time frame for researching and testing the necessary functionality was not clear. New Gui Updating the wallet interface also turned out to be an erroneous action, which also spent a lot of money and nerves. The existing personnel market did not allow finding the right specialist right away. Management of development department Creating complex software in time is far from easy. If we also take into account the functionality with which no developer worked, and our employees had to study and test everything from scratch, then the timeframe stretched strongly. We gave optimistic estimates due to the lack of an objective understanding of the time to create a product, and this was also a mistake. Strangely enough, but only now we objectively began to understand how to manage the development department with high quality, taking into account all the lessons we learned for our work. Marketing, communication Good marketing, which everyone expected, did not work because of the lack of a good product made on time. Communication can be qualitatively maintained when good products are made at the right time, that is, the questions always have the necessary answers. The business component of each product separately. The business viability of each product separately is something that we have not paid attention to. Each product in the form in which it was planned, did not have the opportunity to be self-sufficient. There were many other mistakes and these lessons were learned by us. On the current position of the company Employees At the moment, the development, support, HR, marketing, system administrator departments are outsourced. The advantages of such an arrangement of employees are that you do not need to spend money on renting offices and you do not need to pay employees in times of no work load. As a result, some of the money that can be used in other directions is released. Of course, there are also disadvantages, such as personal contact, but the programs of remote communication almost completely allow you to organize work at the proper level. The transition to office mode is planned when a new project is launched. Financial position of the company From the moment of launch, more money was spent on the project than it was collected and the project was financed by its own funds. The most expensive direction was the development, which included the following departments: backend, pediment, mobile development, blockchain of the department and testing department. Our expenses at the moment cannot be the same as before, but with low expenses a company can exist for a couple of years, work and develop one direction,"
Cardano is the most promising 3 gen. crypto right now.


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