Developers said in telegram that they going to burn up to 50 mln tokens per year. And it depends of course of their profit from comissions fees. This is impossible of course for such big fees in first year. But who knows, may be in next years when Utrust will have a lot of customers across the world this will be real amount. And if circularing will be decreased with 50 mln per year, than rest tokens will be very expensive  Okay, so you have the confirmation that it's going to be up to 50 million tokens, and not the 25 million we assumed? Well, 25 million sounded logically to me but if's confirmed from official site I believe them. Developers said in telegram that up to 50 mln. I don't know why 50, if they burned half of tokens, but they said so. In anyway way even 25 mln is too much in first year and I don't expect for this numbers. Im interesting wch which merchants they have collaboration and going to work?  |
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Developers said in telegram that they going to burn up to 50 mln tokens per year. And it depends of course of their profit from comissions fees. This is impossible of course for such big fees in first year. But who knows, may be in next years when Utrust will have a lot of customers across the world this will be real amount. And if circularing will be decreased with 50 mln per year, than rest tokens will be very expensive |
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They choosed unsuccesfull exchange for IEO. This exchange almost don't have real volume. All their volume making just bots... I know this by PAL token, which was listed there, but there are was not any volume...
Better to make deal with some real exchanges, where real people trading.
Really, a long time ago around more than 3-5 months ago, I have some project who listed at Dobi Trade, It's on top 10 exchange by coinmarketcap. Iam already not using that exchange more than 3 months. Well when I came back to that exchange, just really weird the coin who I been trading at there have more than 200-300 ETH Volume now under 1 ETH Because they creating fake volume by bots for attract people to their exchange. But after some time they stopped doing this and no volume. As I said I noticed this when they listed PAL coin. The team must add some other liquid exchanges withreal people and real volume. Kucoin exchange would be nice. |
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This is a huge numbers, while marketcap of all crypto in almost ~70x much less right now. Hope they will not postponed launch like Bakkt and we will see huge grow of crypto. This looks like more promising than Bakkt.As they will have not only custody service but trading execution as well May be we will hit 1 trillion cap at last with such big players on the market  Let's see what happens next because it's still too early but for now I keeping myself updated about fidelity digital from their twitter and medium handle. As they announced early, they must had only solution for custody service. But as i read from this article they going to make service for trading cryptocurrencies? This is true? As this is a big difference i think. If they will make trading service, we can see a lot of huge money from institutional investors... |
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This is a huge numbers, while marketcap of all crypto in almost ~70x much less right now. Hope they will not postponed launch like Bakkt and we will see huge grow of crypto. This looks like more promising than Bakkt.As they will have not only custody service but trading execution as well May be we will hit 1 trillion cap at last with such big players on the market |
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The price was above ICO price and in last days it fallen a lot (around in 6x) and now much more below ICO price What was the private sale and pre-sale bonuses? If price fallen in 500-600% just after distribution this tokens, than does this means that private sale investors had such big bonuses? |
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You need to realise that any collaboration with any governement is going to take time and will move at a slower pace as everything needs to be checked, double checked and checked again. Rest assured that there is a dedicated team within Essentia working on this and any updates will of course be shared as soon as that is possible, we really do appreciate your patience on this.
Yes, I understand this. But you must update community as well. At which stage your collaboration with Finnish government? What you are doing for this now etc. ? And as for team, you had 26 people in your team. Right? Are all of this people working right now? How many people in your team right now? Why you don't have any video conferences, any Ama, videos from your office last time? There is a weekly update on progress shared, you can find that here - https://medium.com/essentia_one/weekly-updates-699f84fcc847The team can be viewed over her eon the website - https://essentia.one/the team were also at a conference in Davos in recent days. Development is ongoing, for all the news and updates, i would suggest following here - https://t.me/essentiaoneWell, this is not what about i asked. I asked about details of collaboration with Finnish government, and there are no any news about this. About the team - I asked how many people working right now on the project. And not abput photos on the site. i seen this. I asked about some video evidence with team, where we can see that they really working on the project. Not just photo since ICO time. |
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sadly there aren't any decent card service providers, i just hope every business start accepting crypto directly, we won't require these card services then. the only way i can spend crypto is by buying gift cards.
You mean accepting crypto from mobile wallets directly? This would be really usefull. But how many such compamies, shops right now? This can takes years... And may be in big cities only. But how about small? Crypto-cards are needed too. Because this can helps people to cash-out easely their crypto and pay by cash. But the reality is such as no one of projects which promised cards don't have them now ( |
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You need to realise that any collaboration with any governement is going to take time and will move at a slower pace as everything needs to be checked, double checked and checked again. Rest assured that there is a dedicated team within Essentia working on this and any updates will of course be shared as soon as that is possible, we really do appreciate your patience on this.
Yes, I understand this. But you must update community as well. At which stage your collaboration with Finnish government? What you are doing for this now etc. ? And as for team, you had 26 people in your team. Right? Are all of this people working right now? How many people in your team right now? Why you don't have any video conferences, any Ama, videos from your office last time? |
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I also think this selling is because of fork delay the people who bought get anxious and sell panic. Some day it will rise again but not today. Maybe in 2025.
This is just a big whales games. They trying to dump price, than buy and sell higher again, like this was in December. And seems developers may be in same game, as they postrponed twice fork and don't give us exact new date... why? May be they also playing in this game and manipupating the price? I see date as a positive thing 26th Feb is a good date for them to test gives a better timeframe also this makes the team to test and come out with a better version for ETH by the way this is very important upgrade this actually changes the eth protocol to a better one this is not 1 protocol but bunch of other protocols to imply and work on its future. Vitalik has good visions for this i could see his name being in books in near future for a good invention. We have to think positive the crypto community is very small compared to the market outside manipulation from whales would be much smaller in near future. 26th February is a new date of hardfork? This is exact date? I think they can postpone again (as they postponed twice already). But if they will launched really hardfork this will be a good news. May be we will see crpto-spring, if Bakkt launched platform as well in near time. As I know Fidelity was going to launch platform in 1st quarter this year. Nothing changed in their plans? |
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Well, you were optimistic saying $5 per month, I was pesimist there with $5 per year, lol
Well, this is bitter truth as for nowdays. But I hope they will doing something for price increase and value of tokens. I lost a lot of money here already  I just invested in this project because they said about collaboration with Finnish govenment... but since September there is any news about this collaboration anymore This question came up in Telegram as well, and although there isn't an update yet, stay tuned! Latest updates from the team will be posted right here! (or telegram, if you prefer) The most important thing is that we have to be patient and wait for the update because what is certain is that all that takes time is I'm sure the team will always work hard and we must continue to support the team Thank you Midaktai! You are right, team is working hard and there is a lot of development at the moment. Team is transparent and updates community constantly, here is mosr recent monthly update which has an overview for what the team are working on this month, and the weekly review is a great source for what the team have completed each week. And finally check out Oleksandr's report for future plans But I asked about collaboration with Finnish govenment. Last news about this was in September last year (whoch they published). And after around half of year any mentions about this. Why? If they really working, they must share with us some details, plans and progress in this cooperation |
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I also think this selling is because of fork delay the people who bought get anxious and sell panic. Some day it will rise again but not today. Maybe in 2025.
This is just a big whales games. They trying to dump price, than buy and sell higher again, like this was in December. And seems developers may be in same game, as they postrponed twice fork and don't give us exact new date... why? May be they also playing in this game and manipupating the price? |
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We are know that Bluenote its using an exchange Dobitrade for their ICO Program, after the ended of ICO will be bluenote also listing on Dobitrader exchange or not ? I hope we can get listed at there after the ico
They choosed unsuccesfull exchange for IEO. This exchange almost don't have real volume. All their volume making just bots... I know this by PAL token, which was listed there, but there are was not any volume... Better to make deal with some real exchanges, where real people trading. |
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As far as I remember this is up to 25 mln per year (but not more). True, 25 mln from fees is too much... Does anyone know how much fees they will charged per transactions?
If they will have millions of users, than price will be 100xor more from today price... But hard to believe than they will have millions users in first yers at last... Right now they have only 18004 token holders... But of course tokens only speculative now and any using...
Where did you read if they will burn up to 25 millions token every year? When their total supply only 500 millions tokens, it's mean their token will be burned all in next 20 year? lol. AFAIK, they never burn any token (except when their ICO ended, they've burned 500 million tokens) It's in their whitepaper (page 18): "Each time a buyer pays with any cryptocurrency via the UTRUST payment platform, a small percentage of the transactional fee is removed from the market and burned in the form of a UTK. [...] The amount of UTK was projected to be reduced from the initial 1 billion to a minimum cap of 100 million, at a rate no faster than 50 million a year"And because they burned half of their tokens after the ICO, I guess they will only burn up to 25 million tokens every year now (to a minimum of 50 million?). Yes, this seems so. They burned half of tokens (from 1 billion to 500 mln), because they didn't sell all tokens on ICO and they burned half of their own tokens as well. So max amount will be only 25 mln per year. But this is a lot too for first year I think. I just don't know how they will be working on Ethereum blockchain, if there will be really millions active users? They should to create own hugh scalability blockchain.... |
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I am really looking forward and at the same time excited about all the companies that Stratis will integrate in the blockchain world this year. We already have around 5-6 of them organising their ICOs on this amazing tech and I'm sure plenty more are standing in the queue.  Which ICOs you mean? This is some ongoing ICOs or passed ICOs? As i know 2 projects must had ICO on Stratis in summer last year, but seems no news from this ICOs... may be I missed something? IS there some Daaps built on Stratis? And what about some companies which interesting in Stratis? |
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What advantages Seele have before all other blockchain projects? As I understand they dont have sharding (which have Tomochain, Zil, Pchain, QuarkChain etc.) And this projects just called Blockchain 3.0 while Seele called himself 4.0. Why? What unique functions you have?
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Still no exact date of platform launch?
What they will do with profit from platform? Are they going to burn some % of tokens or share between token holders? As far as I remember they were going to burn around (or up to) 25 mln tokens every year. As I understand this burning will be from platform fees profit?
If I recall corectly they will burn fees, don't remember if this has a cap of 25 million tokens per year or not, which is a lot by the way, it needs million of people to use it As far as I remember this is up to 25 mln per year (but not more). True, 25 mln from fees is too much... Does anyone know how much fees they will charged per transactions? If they will have millions of users, than price will be 100xor more from today price... But hard to believe than they will have millions users in first yers at last... Right now they have only 18004 token holders... But of course tokens only speculative now and any using... |
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Sure.
It seems that we have another chance to buy ETH.
People tend to fall into panic sells again.
Some day this year, ETH will hit $200 as your dream.
The general market will turn better over time as well as Ethereum
When ETH was around 1300 usd one year ago people dreaming about 5-10k per ETH. But when market in deep depression people even don't believe in 200 usd per ETH  I think when new huge good news coming and new bullrun happens people will believe again in new AHT (may be more than 1000 usd). Just matter of time when big whales will decide to pump market again |
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Well, you were optimistic saying $5 per month, I was pesimist there with $5 per year, lol
Well, this is bitter truth as for nowdays. But I hope they will doing something for price increase and value of tokens. I lost a lot of money here already I just invested in this project because they said about collaboration with Finnish govenment... but since September there is any news about this collaboration anymore |
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Official exchange is live from last few months and it working great and trading volume is also growing fast. I think they are working nice and it will bring more adoption for this.
How much volume per day they have right now? Does they have a statistic? Because I can't find this... Coinmarketcap also don't showing their exchange. As far as I know they (CMC) requied some volume for this? Or exchanges must apply the form for getting listed on CMC? Trading volume 24H: $6,097,816 1,674 BTC; 51,902 ETH. CMC listing requirements: https://coinmarketcap.com/methodology/#listings-criteriaThere you can find a link to their form also. I can't find there how much trading volume they needed for listing. But in anyway 6 mln is a very good volume (and a lot of exchanges in CMC list have much less volume). So why they still not listed there? I hope this is real volume? Not fake volume by bots like in Bitforex, Hotbut etc.? |
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