how many live applications are there running on the Ethereum protocol?
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Gnosis or gNOsis, that is the question.
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so at this level of investment there would be approx. 5,000,000 tokens issued in total? anyone?
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why not organise a day trip to Bratislava? What do you want in Bratislava? Vacation? I'm very confident by telling you that you most likely won't find any team member in Bratislava! where is this project incorporated? The team is from SLOVENIA, not SLOVAKIA. As for the incorporation, nobody knows. Jani does not want to say. ¯\_(ツ)_/¯ Slovenia? i've been there. Triglav, Bledska, Koper, Piran. Nice place. So the founders are on the secretive side are they?
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why not organise a day trip to Bratislava? What do you want in Bratislava? Vacation? I'm very confident by telling you that you most likely won't find any team member in Bratislava! where is this project incorporated?
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$ 5 000 000 ... Soon i don't know too much about this project, so cut me some slack please. so if the ICO raises $5,000,000 96,000,000 tokens will be burned and there will then only ever be 5,000,000 tokens total supply. is that correct?
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This was just posted from Jani in slack. Edit: Quarterly report will come 100% this month. Sorry but didn't they promise they would be communicating better before and then just completely ignored their investors. All I'm saying is that just because they say they will do it doesn't mean they will keep their promise. They do have a track record of stone walling their "long term investors" Also there's another thing that pisses me off: NO ONE EXPECTS HOURLY COMMUNICATIONFor Jani to even be saying this shows how out of touch he is with reality. Who the F**K demands HOURLY Communications? why not organise a day trip to Bratislava?
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i have no ICN. i have no tokens of any competitor either.
on the announcement of the burning initiative, is it correct to say that if the market price of ICN is lower the cost to the project of burning is reduced? is this true or a misconception?
To clarify. The cost of the act of burning is the same. The quantity able to be purchased to burn will be higher if: 1) ICN is cheap 2) ETH is worth more Essentially the more that can be destroyed before any real rise in price, the better for the long term holders. thanks. so is that why we are seeing sluggish ICN price action at present?
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i have no ICN. i have no tokens of any competitor either.
on the announcement of the burning initiative, is it correct to say that if the market price of ICN is lower the cost to the project of burning is reduced? is this true or a misconception?
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i've no doubt that there will be many blockchain protocols, but i'm doubting that more than a handful of them will be at all important economically. economic market theory and the power law of distribution seem to hold true even in a decentralised world. 99% of protocols will accrue insignificant value at the application layer. would the handful of major protocols choose a Cosmos solution?
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getting very ahead of itself now. entering the danger zone for new investors.
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how many tokens are being Offered?
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by negotiating with VC funds in advance, getting the partners to agree the deals, postponing the ICO date until they are all ready, and then hiding the hard cap from the 'open' market to snap shut this pseudo 'ICO' instantly (this was no ICO). this was a publicity stunt masquerading as an ICO.
Anyone with a belief that the next web should be truly open and decentralised should shun this project. it's a trap.
The lead 5% and pre-contributor deals were the only ones negotiated. USD $1,329,472, for 16,856,718 ATOMs from 14 distinct individuals/entities. There were crypto-focused hedge funds in that list, but no VCs. We refused to sign or agree to anything else, and we had no other buyers "lined up". Going into the fundraiser open, we didn't know whether it would sell out as quickly as it did, or whether we'd even hit the $10M cap. We were prepared for all scenarios, and were all surprised by the outcome. If it weren't for the hidden-cap, it probably would have sold out even sooner. Good thing we had it! The only two people who knew the cap figure was me and Ethan. But hey, good for you for being skeptical. I wish we could have taken more funds and let more people in, but we really don't need any more funds to make this happen, and everyone including the team and our lawyers, wanted us to set a reasonable cap. I'm not sure what we could have done better in retrospect. Thanks for the support, everyone! - Jae Thanks for the communique. Skepticism works. you posted Why the *hidden* cap?
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cap has gone from $55 million to $34 million in two weeks. why?
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Only smart investors should invest in this
meaning you're dumb if you don't?
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Dash the Sequel?
Is this for real?
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I was not expecting to see all this happening so fast. It let absolute no time for people to get them prepared with some money in hands to buy. I think in future tokens will be traded on some platforms and till then many things will be clear about the direction of the project.
the cartel will coordinate the throttling of supply at the exchanges to drive up the price to create hysteria, fomo,...et.c. blood.
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