The problem is that the team did not disclose their plans for the sale of gamma tokens in advance. For many, it was an unpleasant surprise.
Yes that's true but on the other hand if you followed the ICO sale you could notice that their prediction to sell that amount of tokens was way way too high. Crypto reserve and team portion combined had the majority over public token pool after ICO so logically there was no other way but to prolong sale period - instead they launched gamma. That might look like a slap to early investors but it actually was not that bad. If I recall correctly ICO sale started 1ETH for 100k, ended at 1ETH for 90k tokens and Gamma started with 1ETH for 75k - this way early investors still maintain better exchange rate. The fact that gamma was not announced before or even a possibility of something like that is a subject for this and every other teams to discuss and learn not to be too optimistic and overconfident. Gamma was not very bad thing for early investors IMO project itself and sales suffered more - ICO ended with something like 7k token holder - its nearly a month now with gamma and its ~8,4k holders so in my personal opinion selling is a bit slow, main reason - people dont like unannounced surprises and are a bit hesitant to buy now. Hey there, to be fair to the team, if you had been following them early on you would have known that they initially didn't structure the sale to have a cap. They were also making a rapid amount of progress on the XYO GAMMA Client (much faster than their Roadmap) and the plan was always to sell XYO directly for XYO dApp Developers through GAMMA and allocate XYO to be sold directly to the public to encourage the awareness of XYO and growth of the platform publicly sold. The team explains it here in detail: https://app.xyo.network/gammaIt is very obvious that the XYO project is one of the top 10 of this year, both through the management team and the project itself, so I do not see a problem even though the exchange price will drop for a while. Thanks. Good luck!
Precisely this is in concern whether XYO will remain in the path above or even worse. Of course we always want the best. The team know that in a volatile market such as this one, it's important to give real utility value to their token. That's why they are focussing on developing the underlying tech. The best organizations focus their priorities on the customer (end user using the token) and thus growing the ecosystem, the contributors that grow the network, and the token holders (those who stake and create value) in that order to create real value and this is what XYO is doing exactly. |
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The cryptocurrency market is different from the classic market with fast profit! Very often, long-term projects do not bring profit and die. That's why we're worried.
Its ICO high risk high reward investment if you decide to invest in this kind of projects you need to prepare yourself to loose all investment or take a chill pill and wait it out for possible profit or at least wait till normal exchange - IDEX or DDEX is stupid idea because some sellers can dump price and as there is not enough volume you just have to go with it, now dont get me wrong its a good place to buy cheap for sure, but its a stupid place to sell if you bought tokens during ICO. I'm not a cheerleader and I dont have a squad - I'm speaking from my personal experience where I invested a few hundreds in NXT and every other ICO I mentioned and got returns in hundreds of thousands you need to hold or go home with ICO there is simply no other way. The problem is that the team did not disclose their plans for the sale of gamma tokens in advance. For many, it was an unpleasant surprise. The white paper was always focused on technology. In the land of blockchain/technology the team knew that and always planned to sell XYO via our Gamma Platform. The worst thing to do for the community/token holders actually is to not conduct the XYO Gamma Sale. Have you read about the purpose of the GAMMA sale? It actually changes the percentages of the tokens and affords a better equilibrium between tokens held by the company/stakeholders and by those purchased by the public. Also, the team has stated why they are doing this GAMMA sale. The plan from the beginning has been to reach a target of $48M. Because the project involves creating a location network with the goal of displacing GPS, and even launching their own Low Earth Orbit Satellite Network, more capital means broader coverage faster. Read here https://app.xyo.network/gammaHi everybody: in which exchanges can we right now trade xyo's token? How about the price...is it dropped from ico's price?
Thank you!
Hi there, XYO are not listed on official exchanges yet. The team intend to create true value focusing on the true inputs that matter (technology) instead of the superficial inputs (wine and dining mid-tier exchanges). Please refer to this for more detail https://app.xyo.network/gamma#col-full-113-119 |
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I honestly don't get the mentality or thinking process of people who think that they will get instant profit after ICO sale end. If you want a fast profit trade current crypto - buy low, sell high. ICO is for hodlers you have to think of it more as of shares. The difference - it is more friendly to small investors. Everything else mostly the same, some amount of shares will be given to patrons, advertisers or someone else who can be described as 'product development helpers' as it is more financially acceptable for a new and developing business than paying money. Now if those individuals or companies want a fast return they wont hold the shares for sure, they will sell it for whatever price because they simply did not invest anything and for them any return equals - profit.
Now in order for share price of a company to rise you simply need some time for them to generate actual income.
Same goes with ICO's - not a pro investor I limit my investment to 500 per year and I usually pick 1 or 2 ICO's witch is a stupid idea according to professionals as you doomed to loose money if you invest in 1 place. Yet I use my simple rules to pick them - 1 team competence;2 how new the product or idea is; 3 can it be implemented and would be used by wide variety of users in everyday life;4 the stage of a project, is it just an idea on a paper, a startup or is it already in development and has something to show. I usually go with it if 2or 3 checks out did not have any loss so far. Started with NXT back in 2013 and held it - sold las year, second one was IOTA in 2015, and 3'd was XLM - what I'm trying to say is most if not all of ICO investments took at least year or 2 to be profitable.
I just simply dont get this cry marathon over prolonged XYO sale and not listing on big exchange, even if they did everything according to the schedule you still can not expect to fast profit even if price is doubled in 2-3 months you still cant buy that moon lambo you want so much.
Sorry for my English.
The cryptocurrency market is different from the classic market with fast profit! Very often, long-term projects do not bring profit and die. That's why we're worried. Hey there, that's not actually true. I can’t comment or speculate on what will happen in the future. That said, the best organizations focus their priorities on: 1. The customer (end user using the token) and thus growing the ecosystem, 2. The contributors that grow the network, 3. The token holders (those who stake and create value). If you focus on them in reverse order, it is artificial/superficial value. How will the business work when everything is completed?
Will industries, let's say Logistics, pay XYO to use their service but then have to use XYO tokens to use the location data or is it a case of industries simply only having to purchase tokens (in which case XYO won't be getting paid by them)
Would love to see the business plan. Not the whitepaper.
As a simple question, what's the business model please?
That’ll depend largely on the use-case. At least initially, XYO expect to be one of the only providers of XYO Network hardware, at least at the scale needed for enterprise-level implementation. Enterprises using the network would be paying for the hardware, but paying the network (in tokens) for the service. |
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are the pending patents already awarded or published by now? but one thing i can say, this is pretty legit. i hope you will attract more customers here from the digital community. and with the current settings, digital community is really big so you will always find consumers in that industry Hey there! We don't have any further information on the pending patents yet. Once we do, we will update the community. |
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Hope i can recieve Flip tokens on my New Astral wallet. I don;t have XLM Tokens Please.
is the bounty extended or it is Over.
Hi there! For bounty please ask over in these channels: Bounty Group BitcoinTalk: http://bit.ly/flipnpikbountyBounty Group Telegram: https://t.me/flipnpikbounty |
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That is, an exclusive service ?, only for those who demonstrate having a standard?
Hey there! Trivver is not an exclusive service. Trivver is a multi patented, comprehensive, cutting-edge advertising platform that will accelerate the growth and monetization of 3D, augmented and virtual reality technologies for all stakeholders in the digital ecosystem (content publishers, advertisers, brands, agencies and consumers). 👉🏻Watch the explainer video here: https://www.youtube.com/embed/w2F2_qzy0Yw?rel=0 |
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Hey FlipnPik community! Don't forget - there's still time for you to become a Flipnpik ambassador, don't miss this opportunity that comes with some great perks   FlipNpik Ambassadors Program |
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how long will it take the team to refund the tokens we brought at ico?
Hey there! The team are wiring back funds manually. As long as you have submitted all your buyback information, you will get your funds back. Don't worry, just be patient! |
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I feel like I want to go to a big exchange, which will bring about a rise in the price of the currency.
Hey there, XYO tokens are the lifeblood of the network. The team intend to create true value focusing on the true inputs that matter (technology) instead of the superficial inputs (wine and dining mid-tier exchanges). Please refer to the team’s message for more detail https://app.xyo.network/gamma |
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You say that XYO is the newest breakthrough in blockchain and can be bigger than bitcoin and ethereum combined.
How exactly? What do you want to accomplish?
Hey there! In 5 to 10 years in a wolrd full of smart cities, AI, robots, self-driving cars and drones, we need a location technology these things can rely on and XYO is aiming to be that technology. XYO is blockchain's first crypto-location oracle network, and their mission is to enable smart contracts to interact with the real world as if it were an API! This is the goal of XYO. The implementation time is very long and when the product isn't available, all can't be evaluated. We just hope it passes bitcoin and ethereum. isn't implementation entirely depended on adoption? since the protocol is hardware agnostic, can't something clever be done to "growth hack" the network? ---------------- Another question Let's say I want to launch an ICO, and in this ICO, there are augmented reality virtual objects scattered across the world. I guess all I'd need in the smart contract is longitude and latitude for these predefined objects Hey there, with regards to your first question, yes, in fact the team have about one million bluetooth and GPS devices sold to date, and they are using that framework to build out the XYO network. 300,000 XY4+'s can be used immediately as sentinels once firmware update goes out. For the second question, am I correct in saying that you would be attempting to locate these virtual objects? I don't think that would work with the XYO Network as built to communicate with objects in the real world. Our mission is to enable smart contracts to interact with the real world as if it were an API. You say that XYO is the newest breakthrough in blockchain and can be bigger than bitcoin and ethereum combined.
How exactly? What do you want to accomplish?
Hey there! In 5 to 10 years in a world full of smart cities, AI, robots, self-driving cars and drones, we need a location technology these things can rely on and XYO is aiming to be that technology. XYO is blockchain's first crypto-location oracle network, and their mission is to enable smart contracts to interact with the real world as if it were an API! IBM has been working on blockchain tracking technology, and they have the capitol to take on a venture of this magnitude without an ICO. So no, XYO isn't the hottest ICO of 2018, they're not the first or the only ones working on this technology, and I seriously doubt they'll be able to compete with IBM, or overtake bitcoin or ethereum, let alone the two combined. I've said it before in this very thread; good luck to all of you who've participated, I remain skeptical. The core difference between XYO and other projects lies in the Proof of Origin and Bound Witness concept. This means that it the XYO network use cases extend far beyond just tracking technology. Read more from their Medium articles. https://medium.com/xyonetwork/by-providing-authoritative-proof-of-location-the-xyo-network-will-change-the-world-e1e7a6e65685 |
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