Swiss Bank of Domains doesn’t pay its Masterbucks debt in dollars
Epik, the self-proclaimed “Swiss bank of Domains,” doesn’t seem to be able to pay investors holding onto its Masterbucks tokens. One could say that the “bank” is facing an existential crisis, much like that of the real banking system. Months after the new CEO promised to make whole an escrowed transaction involving the domain Candida.com, […]
Copyright © 2023 DomainGang.com · All Rights Reserved.Candida.com seller talked to the FBI about Epik
Kathleen Kalaf, sold the domain Candida.com expecting to receive $91,000 dollars out of a $100k sale conducted using Epik. Soon, she found out that the balance had been turned into useless “masterbucks” that could not be converted into real currency. By locking the balance in her account, Epik essentially kept the full $100,000 dollars it […]
Copyright © 2023 DomainGang.com · All Rights Reserved.Epik: Domainers are not our core customer
If you’re a domain investor, take notice: Epik does not consider you a “core customer.” Facing challenges and a blown up Masterbucks economy, Epik CEO Brian Royce made this statement on Twitter, in response to a comment that demonstrated the fall of Epik as a domainer-centric registrar: “Domainers are not our core customer. They represent […]
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