This page is going to be about any new updates that are done to Coin Generation:
DG – Right Time, Right Place
Firstly, we would like to mention the success of Bitcoin, which has actually positively affected our situation as well
DG remains true to it’s leadership plan in the market and we’re proud to support Bitcoin develop it’s perfect and bright future along with us. Pleasant surprises do happen sometimes and we are all set now the get the system to work as initially designed. Hooray!
The process of negotiations with Payza regarding our daily payout volume requirements is in the final & pre-approved phase so we expect to have our limitations increased within the next few days. To minimize our current costs associated with EgoPay funding we’ve increased the transaction fee for EgoPay up to $1,50 per withdrawal request.
As for the rest, 3D secure payments are being added to our credit card funding gateway, besides that there are additional payment methods coming up in 2014. So far we believe the success is on our side again and we’re pleased to share our great emotions with all DG members and wish a profitable and exciting experience!
We look towards productive performance of our network and hope to see our beloved affiliates to spread the word of success around the world.All Founder members may expect an excellent performance of their stocks in the nearest future as we get our tanks fueled up to take you up in the sky.
Leadership isn’t just important – it makes all the difference.
We have great news for all – DG is getting bigger and better again! Yes, you’ve heard it right, the past times of uncertainty are over and we’ve kicked off again to deliver the best earnings on the web.
Today, DG is not only the largest project of it’s kind but is truly unique because of it’s humongous income potential. We are expecting to have the stock trading platform fully operational starting December 1st and look towards future success and enthusiasm of all members during this HOT winter! Our invention fund capital has been recently backed up with additional fund injections to secure stable & non-stop payouts to all founders for at least the next upcoming season.
We encourage the remaining part of members that have not yet decided to take advantage of the founder position to proceed today as the conversion rate for the stock purchase will be set according to the actual rate of over $14 shortly instead of the current $10/stock price.
It’s time for a better change now and we’re confident you’ll see all the benefits of being a founder in the nearest future.
DG – from good to best is just one step.
Stocks and current situation
By Joao on Fri, 11/15/2013 – 18:10
Good news to everyone who has stick with Digital Generation.
The period where funds were a problem is past.
We have funding available and extra funds secured for the next 3 months so we can work non-stop.
We would like to apologize for the delay of the situation, but there was and is a lot of work to do.
We have been getting a lot of questions regarding stocks and founders, and we decided to inform all the users on what’s going on.
What is a Founder?
Founder is a user that has been with Digital Generation from the beginning and its benefit is getting payouts from our full wallets.
Founders have daily dividends relating to ownership of stocks, you can see the Daily dividends per stock in Thread Manager and when you decide it’s time to sell/buy some stocks you can do it in stock market future ( will be added shortly ).
This means that you will get the chance to profit from the sell of your stocks and after you can request an withdraw or you can buy threads and profit from them also.
There’s no limit for the founders when requesting withdraws to an E-wallet, if you prefer Bank transfer it will take 2-3 bussiness days.
How do I become a Founder?
To become a founder you should be one of the roughly 500000 starting users. You will be able to see the Stocks page after loging in to your Digital Generation account.
What happens when I become a Founder?
When you login to your account, you will see a new option called Stocks with the explanation that your balances will be converted to stocks. You will either have the option to accept or decline.
If you accept, you will receive stocks converted at $10 each ( the actual valure per stock is $12,94 in 15-11-2013 ).
If you decline, you will go back to the current mode and will be only able to earn from threads.
Once again, Founders will never be locked, and they will always be able to payout its earnings.
What about our Founder referral earnings?
Founders will still receive their Non-Founders referrals earnings from those who have purchased threads starting November 1st.
As for the Founders/Thread users relation and Referral comissions, we think that Founders should encourage their downline to become Founders aswell since this is a way we need to go to workout the situation.
So, as you can see, great news for everyone, and we hope that this clarifies most of the questions that have been asked this week.
Digital Generation Staff
By Joao on Wed, 11/13/2013 – 09:10
We are finally ready to share the exciting news with all members regarding adjustments of earnings and changes in DG!
Being a bona-fide company we’re dedicated to run business honestly at all times, that’s why we are not going to leave any of the members aside. At the same time we understand that we develop a project mission of which is to create the most powerful PC network in the world. The DG project has already started and can’t be folded or suspended, dynamics of continuous growth of our network performance allows us to successfully develop the global projects we’re into and that require humongous processing powers and speeds.
We have no doubts that “Pattern Recognition” project backed by DG will be successfully realized and put into real life. You are welcome to check the details of the project published on our blog to have some better understanding of what we’re actually up to.
Our present situation doesn’t leave us with much options than to divide part of the DG “Stocks” between members in order to secure their current earnings and to receive an attractive profit within the future development of the project. We’re talking about different figures and profits here than those that are earned by a current way of providing your actual processing powers to DG.
User’s current balances (including available balance and threads/license keys) have been transferred to DG Stocks, this action can be reverted back within your account with all previous changes to replace the “stocks” feature, however, should you decide to switch back to the regular account status again you will be unable to take advantage of the “Founder” position again.
We have taken these measures to prevent the debacle of DG and to allow the system life-cycle to continue, we expect you to understand that current turnaround is a better alternative to a possible suspension of the project and we request you to bear in mind that DG will take all required actions to deliver all the obligations to it’s users and we’ll do our best to bring the Pattern Recognition project to life and make
the dream of all DG users come true.
Welcome aboard to the New DG – it’s still the beginning of a long journey!
For Immediate Release
We are preparing an update to be published tomorrow that will explain our current situation and upcoming changes that will take effect this week to resolve the situation with the payment gateway issues. Getting
ahead of things we can assure you that DG management has a solution to bring in the required funding as of now to keep up the operation and continue further development and company growth. Tomorrow will be the
day and we kindly ask you to avoid any panic or doubts until you see our official press release for November – we’re switching over to a new course and we’re open for a productive and reliable business in the future.
Standby for update,
New Features, Trials, Bank Payments
By Joao on Mon, 10/28/2013 – 18:11
We have updated our script and would like to inform about latest changes that were applied. Firstly we would like to address the Payment Gateway tab which displays current status of payment system along with list of recent withdrawal transactions. We hope it will help you to have some better understanding how payouts are actually processed. The gateway is being configured at the moment to resume payouts to trial members as well Hooray!
We understand your anxiety for DG to raise the withdrawal limits and this time we would ask you to help us in some way too! Our network performance has not been increasing in growth that much within the last month as a drawback of side effects but nowadays we’re all set to move forward and need your help promoting DG across the world again. We need to catch up with 500k members within the next 3 months to enter into our most important round of investor funding and we seek your support and help getting DG to the required level by that time. Affiliates – it’s show time for you in the first place as we will raise the daily limits for most active users on a priority basis!
Our offshore unit has received a list of 1,172 pending bank transfers which would go into processing shortly, our staff will be informed about the status of the payments to keep you updated at all times. We have also received a lots of inquiries for personal visit to our office in Porto – yes, it will be possible to arrange a meeting upon request, however please note we don’t allow walk-in visits due to conditions of the business centre. DG will hold a conference in Lisbon in January 2014 and we look towards seeing you there at our global digital gathering.
September Press Release
29 August 2013 – Nicosia, Cyprus, General Meeting of the Digital Generation Board of Directors
Mini-report on the Board of Directors’ Meeting
The meeting heard a report by the Executive Manager Mr. Martin Coufal which revealed the positive trends in the development of the project, presenting key marketing and financial data and revealing the results of a multifaceted analysis of the project. Particular note has been made of the development of strategic directions to reduce and optimize the impact of risks on the final result of the project for all groups: financial, technical and human factor. As a result of the difficulties that emerged at the beginning of the summer, the leadership of the project decided to plug in the work of a specially crafted team for resolution of the situation – DG Risk Management Division. The most important and memorable moment for the audience was a bright and positive performance by the leading specialist of the unit Larry Queens.
In his report Larry Queens fully accounted for the latest efforts towards the resolution of the situation, describing in detail the methods applied, and presenting a plan to evaluate the marketing strategy for 2014, which will be most effective precisely for Digital Generation, given the unique specifics of the project, its originality and unique position in the world market. “To date, we have completely eliminated all the consequences of the crisis situation which arose in July due to the project’s connection to several volatile eastern regions where the level of risk and fraud had not been adequately evaluated. As a result, our partners in several countries observed a minor glitch in payments and consequently were marked by panic which was fueled by some users’ individual pessimism. Fortunately, this panic was not very significant. The vast majority of members trust in the project “- according to the report. “On August 25 the stability of the market position of the Digital Generation project was solidified”- the report of Larry Queens concluded.
The report on Risk Management Division results as of 25 August 2013, which included both the report and the consolidated audit, was approved and adopted by the General Meeting of the Board of Directors.
Key Decisions of the Board of Directors
All profits obtained in 2013 will be directed towards the maintenance of Project reserves with the goal of restoration of financial stability in the shortest time. It was also decided to start an active advertising campaign in Europe, including the media and the Internet and in the long run to launch an advertising company in North America and Australia. In addition, new methods were approved for the organization of the creative process to the search for new technical and marketing solutions.
Message from the Board of Directors to Affiliates and Users
The Digital Generation management consider it necessary to express a special thanks to all our partners and users who have been with the project through thick and thin from day one, without fear of the unknown or possible difficulties, and who have become partners to a grand plan, which has no analogues in the world’s history. Friends, our project successfully passed all the tests that are the lot of true pioneers. We have passed the basic stage. We were able to resolve all the technical problems without losing any time, and in a relatively short period have arrived at a stable operational mode in all divisions. Thanks to your support, we can already say with confidence that our project is much more productive than we could have predicted! We should however take into account the fact that everything is new and it is impossible to accurately analyze and predict the path of development; there may be only rough estimates at the level of fantasy. What we are seeing now has exceeded all expectations! We are happy to have you with us, we are happy to share our achievements with you and believe that it is thanks to the support of each project participant that we are obliged to ensure that Digital Generation moves on to the next stage of development ahead of schedule.
“Those who don’t believe in victory never win”
Payza: Congratulations to all !
Situation with Payza is almost resolved, we are setting up a new business account to resume payments for all countries. All limitations will be waived as soon as our balance is transferred to the new account. We expect Payza to finish their background and due diligence checks of Digital Generation to complete our business account verification by August 23rd.
Negotiations with Payza
We have received a list of opened disputes against DG and are seeking a way how to expedite these requests. To reduce the workload for Payza staff we have approached them with a proposal to let us perform payouts via API as before. So far Payza has one condition: they ask us to resolve the situation with members on our side first to minimize the number of opened disputes.
Above said, to speed up the process resuming payments for high risk countries members are kindly requested to void their dispute unless intentions to abandon the project still remains. We have assured Payza that all funds in our account will be used for payouts to members and seek their professionalism resolving the present status with pending payments.
As soon as we receive positive feedback from Payza all payouts will be fully instant again. We see no obvious reasons for this turnaround to take a negative scenario and will update all members within the next 24 hours.
Thank you for your continued patience and understanding.
Cordially, DG Management
Good news ahead!
Dear DG users,
We have some good news ahead which we’ll update you about within the next couple of days.
First of all we’re happy to announce that Payza contacted us today, we’ve started our negotiations and look towards resolving the status with all payments shortly.
Most likely we’ll be able to work out a scenario where Payza may be still used for withdrawals, we’ll notify all members when we come up to a certain point of negotiations to accomplish this.
We will resume all payments and continue stronger than ever once we settle everything down. There are some issues which may not be noticed at the first glance but we feel it’s important to explain what goes on behind the scenes right now.
We experience very high daily traffic load (approx. 1 million visitors/day) to our servers and are required to upgrade our server infrastructure urgently. We are tweaking up the responsiveness to avoid delays in data communication shared in real time via ThreadManager as well as improving the stability of the web platform to avoid current glitches such as “error 503″. The transfer from the old servers to the new data center is in process as of now therefore please don’t worry if you experience some downtime accessing the website during the weekend.
Right now we are taking final procedures to fund our EgoPay account in order to start processing pending withdrawals that may still remain for some of the users. This issue should be rectified by Friday or the next week for sure. There are some backlogs processing payments on time due to increased volume of requests that have occurred because of members worries and concerns, we want to point out once again that all earnings will be paid in full *as always* since we respect our clients and therefore will deliver all obligations accordingly.
Concerning all of the above, we would like to apologize for any inconvenience we have caused to our highly valued members. We regret the situation with Payza has impacted our reputation and have caused some lack of confidence to arise however we would like to point out that there are things that are impossible to keep perfect at all times. Just try to keep this in mind.
We love challenges and will prove once and for all that we are trully here to show everybody the capabilities and the power we have!
Standby for the next update,
Digital Generation Team
Getting back on track!
Credit Card Payments
We have settled our first facility with an Asian bank and will continue to expand network or partner banks to settle payments in different currencies and once we have all accounts with different banks setup, we will be able to process payments in different currencies.
Important Notice: for now, all users will be able to use credit cards for thread purchases, but they will see their card billed NOT is $USD, but in Chinese Yuan¥.
Payment form is being setup on our server right now, you will be able to see changes shortly.
New Accounts and Verification Process
From now on, new accounts will have a 2 week period after the purchase of the first thread, during which withdrawals will be unavailable due to verification purposes.
After this verification period, users will be able to withdraw funds on a normal basis.
This verification phase is a ONE TIME process and may be reduced to 5 days in the future.
Trial thread earnings will not be affected by this.
As of now, we are funding our accounts, and resuming pending payments requests for Paxum to make sure every user is paid. Several restrictions still apply to “high risk” countires which will be waived within the next 10 days or less.
Payza, Withdrawals and Recent Events
We have set a date for today, the 31th of July, for implementation of our own gateway for deposits and withdrawals without using a 3rd party, but due to negotiations with banks, we may have to extend this period until further notice.
22:51:34 Lambelho: IMPORTANT NOTICE FROM THE ADMINISTRATION!
22:51:42 Lambelho: TO EVERYONE WHO ASKED FOR A REFUND OF MONEY ALREADY SPENT ON THREADS!
22:51:46 Lambelho: IF YOU ASKED PAYZA FOR A REFUND OF THE MONEY THAT YOU SPENT ALREADY ON THREADS, YOUR ACCOUNT WILL BE TERMINATED WITHOUT PRIOR NOTICE!
22:51:51 Lambelho: REFUNDS MUST ONLY IF YOU HAVE MONEY PENDING AND ONLY IF MONEY NEVER ARRIVED TO DG! ONLY IN THIS CASES A REFUND WILL BE ACCEPTED BY DIGITAL GENERATION!
22:51:55 Lambelho: IF YOU ASKED FOR A REFUND OF MONEY ALREADY SPENT ON THREADS, YOUR ACCOUNT WILL BE TERMINATED IN DIGITAL GENERATION WITHOUT PRIOR NOTICE AFTER THE DISPUTE IS DONE!
22:51:59 Lambelho: IF YOU WANT TO CONTINUE USING OUR PROGRAM AND CONTINUE TO RECEIVE YOUR EARNINGS FROM THREAD MANAGER AND AVOID BEING PERMANENTLY BANNED FROM OUR SYSTEM PLEASE CANCEL ANY DISPUTE …
22:52:04 Lambelho: THIS WILL BE APPLICABLE ONLY TO PEOPLE WHO SPENT MONEY ON THREADS AND ASKED FOR THE REFUNDS OF IT DIGITAL GENERATION ADMINISTRATION!
Credit Card Funding & Payza Payments
We are currently switching to another credit card processing solution and will provide direct credit card funding within the next week. Taking into account recent restrictions that Payza has applied to our account
we see no possibility to use them as a payment processor for our future needs. We shall advise members how to proceed with their recent Payza deposits shortly, as an alternative payment solution we suggest to use Paxum or EgoPay for now.
Present circumstances may cause some temporarily limitations on payouts that were processed via Payza before, we have already taken all actions to provide bank transfer withdrawals at the lowest fees
and will do our best to complete the integration by Wednesday, July 24th.
We would like to remind all members that management of Digital Generation has no intentions to suspend the operation of the company and therefore all members who are concerned about safety of their earnings are kindly requested to proceed with a refund claim directly with Payza. We have no intentions to keep any funds and would like to avoid any attempts to damage the reputation of the company.
Direct Credit Card payments will allow us to develop an internal secure environment for all processing needs, this is an important step towards future growth of the company which is required to be taken now. We would like to thank all members for their patience in advance as we undergo required changes in our payment method changes.
Have a pleasant weekend,
Digital Generation Staff
Please note that versions older than 2.3 are not supported any longer, make sure to update to the latest version of ThreadManager. New MacOS release 2.5 are available on your download page.
Please note that versions older than 2.3 will not be supported soon, make sure to update to the latest version within the next several days.
MAC OS version released
Digital Generation is the world\’s 15th most powerful performance computing system, and with nearly 300 thousand PC\’s joining the network in just two months, it may become the largest project in history. MAC version brings DG to new markets around the world so even more members can enjoy digital earnings today. Mac version will be available on your download page shortly, some features may not be supported on all of our products as the developer community is still busy applying latest fixes and patches to the previous versions. Please note that versions older than 2.3 will not be supported soon, make sure to update to the latest version within the next several days.
Due to important changes in our security system we are upgrading to EV SSL certificate. This process doesn\’t affect your account in any way, once the certificate is issued a green address bar will appear in your browser, please make sure you access your DG account by using the valid and secure link. PerfectMoney payments will be fully resumed on Monday (July 1st) – we are making required changes to our business profile in order to comply with PM requirements towards US companies. PayPal, Neteller & Skrill payments are coming along the way, we apologize for the delay implementing these payment methods but require all security checks to be completed first. Development of our project is going according to plan and all things are under firm control. Portugal office will start working next week along with our international phone support center. DG management are taking required actions to improve the customer service and we look towards your comments and suggestions. Last but not least, version 2.4 is using less resources right now than after the deployment just took place. We were running several tests to see how the system will perform in an \”overload\” scenario and can admit we are on our way to success becoming the largest network of such kind ever, congratulations to all!
Fishing attack! Do not open any links to prevent compromise of your account. Make sure URL and certificate are correct in browser address bar – https://coingeneration.com
Payza payouts resumed
Dear members, We are pleased to announce that Payza withdrawals are back to work, you are welcome to request your payouts anytime. Kind regards, Digital Generation Team
Our message system is now working, all notices and updates will be published here
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