In a current electronic mail despatched out to associates, ShareNode has admitted there is no such thing as a exterior demand for Nasgo.
The corporate additionally introduced it was suspending NSG withdrawals till at the least Q3 2019.
For all intents and functions Nasgo was lifeless within the water, till the corporate’s homeowners launched ShareNode.
ShareNode sees associates spend money on NSG and SNP tokens. It’s your typical make investments, await others to speculate after which money out MLM crypto rip-off.
Regardless of efforts to resuscitate Nasgo’s failed VAPR and AMICO usability makes an attempt after ShareNode launched, the fraudulent funding scheme has remained the only real purpose persons are investing in Nasgo.
The unhealthy information for affiliate traders is ShareNode is on the decline.
This leaves even the staunchest of believers with no choice however to promote, as NSG’s public and SNP’s inner values inevitably dump to $0.
In an effort to control NSG and SNP values, on Could third ShareNode introduced
NSG’s will now not be transferred to any private wallets till at the least Q3 of 2019.
The acknowledged purpose for the efficient withdrawal suspension is to keep away from “one-sided sell-offs”.
By that ShareNode refers back to the promoting off of NSG with out new ShareNode traders choosing up the slack.
Paradoxically the identical announcement hails a brand new usability instance from Cambodia, some dodgy on-line on line casino no person has ever heard of.
With the upcoming launch of the ShareNode Ecosystem, extra SME’s will probably be positioned on the blockchain than probably all different blockchains mixed.
One instance is the Damosaun On line casino utilizing solely NSG’s [sic] to drive the on line casino, utilization will probably be quickly and rampant.
So quickly and rampant that ShareNode and Nasgo really feel the necessity to manipulate their traders from promoting off.
Regardless of being in decline and suspending withdrawals, ShareNode claims it’s ‘coming alongside quick and livid‘.
In what might be a last-ditch try to draw new traders to the scheme, the corporate additionally introduced a number of tweaks to its compensation plan.
A lot of the tweaks seem like geared towards weaning ShareNode associates off of NSG and onto SNP.
SNP is a non-publicly tradeable Ponzi factors token ShareNode retains whole management over.
A lot simpler to cook dinner the books when your traders can’t unload by means of the one dodgy change you satisfied to record your shit token.