Hi REAL Community,

Question for whoever knows the answer: Where does coinmarketcap get their data feeds to know 24 hour volume and total market cap? I would assume they have an API with each respective exchange to know the numbers. The reason I am asking is due to the fact that I have noticed a massive discrepancy with REAL's market cap vs their 24 hour volume on any given day. Go look up 'REAL' on coinmarketcap and then look at the 'Historical Data' tab. Check out all of those numbers -- they are way off. I started getting confused when I was looking at the price jump significantly -- seeing that millions supposedly went into it at that time, but then the 24 hour volume on the exchanges just didn't add up to that kind of a jump -- not even close.

Does anyone know why this happens? How are we supposed to know real valuation of a company's token without trustworthy data? It falsely inflates the token value. Thanks in advance.

Thanks! Also, does anyone happen to have a link to their whitepaper? When I go to their website - it just links you to their FB, Telegram, Twitter, and Medium accounts.

Is the REAL token is considered a security?

Thanks!

Hi LIFE Staff,

Question: I noticed that coin market cap says you are listed on EtherDelta. However, in the youtube interview, Jonathan said that it was only coinexchange and HitBTC. Is it safe to purchase LIFE tokens from the etherdelta exchange? I'm kind of in a pickle here as that is my only option currently. Long story short, there was a problem with confirming my account on HitBTC and now they have to look into it. Its already been over a week and the price seems to be climbing.

Just in case I have dropped some money on LIFE in EtherDelta -- but before I were to drop more, I would like your opinion. Are you able to check the token address on etherdelta and compare it to your own?

Thanks,
CJ

Thanks for the clarification BlockMason! This makes me even more excited to be a part of what you all are developing!

Here is the link to the MasterCard patent filed in May of 2016: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=1&p=1&f=G&l=50&d=PG01&S1=20170323294.PGNR.&OS=dn/20170323294&RS=DN/20170323294

As it stands Blockmason has gone beyond the concept stage of this transactional recording idea with a successful ICO and release of the first App in that direction and should rightly get the patent right since we are yet to see any such project from MasterCard. Could it be that MasterCard sees potentials in the BCPT concept in the financial sector? I can only imagine how my BCPT tokens will soar assuming MC decides to adopt BCPT instead of embarking on a similar project.
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The CP is definitely promising and I am holding long-term. I just hope there is some sort of nuance that I do not yet understand about the Credit Protocol that separates it from what MasterCard is doing. If its the same concept, and MasterCard happened to file the patent first - what does that mean for the Block Mason Credit Protocol? I hope they come on here and answer relatively soon.

BlockMason,

Does that mean that the price of the token will be manipulated to stay low? What about fractional tokens? Let's assume for discussion sake that the token will be market driven and ends up being $150.00 per token eventually. Could someone develop using a Credit Protocol token by only purchasing half that amount - hypothetically having .5 CP token? If not, how is it possible to not eventually control the price of the token in order to keep the price low? Sorry if I am misunderstanding something or you have answered something similar elsewhere.

BlockMason,

Here is an article I found online that speaks of, what seems to be, MasterCard filing a patent to do the same thing the Credit Protocol seeks to do: https://earlyinvesting.com/big-banks-join-blockchain-revolution/

Excerpt:

Mastercard: Daily transactions are mounting, as are the challenges to capture, store and protect all the transactional data that credit card companies collect.

Mastercard is turning to the blockchain for a possible solution. It recently filed a patent for the creation of a blockchain-based “uniform settlement system.” Basically, Mastercard wants to create a ledger to store a verifiable and immutable record of data, such as purchase orders, invoices and transaction data.

Among other things, doing so would vastly enhance the security of the data it collects. This is no small thing in light of the massive Equifax breach.

[end excerpt]

A couple of questions:

1) Is what MasterCard doing essentially the same as what the Credit Protocol is doing in that they "...want to create a ledger to store a verifiable and immutable record of datas, such as purchase orders, invoices and transaction data"?

2) Were you aware that MasterCard filed such a patent?

Thanks for your time!

Hi BlockMason Team,

Quick question: how would investors make money off of the token given that it is a utility token? Like - naturally as an investor, I would want to invest in something that is going to be the best bang for the buck. That said, if these tokens are just essentially entries to the "highway" of the blockchain credit infrastructure, wouldn't the tokens have to always stay at a relatively low price point to encourage people to use said highway? Will the market for the tokens govern the future price? If so, could this theoretically price people out of the credit highway if it became extremely popular? That would then defeat the purpose of BlockMason Credit Protocol, no?

I would like to invest more, however, if there will be a theoretical cap on how much this utility token held will go for, I am not sure how much money I really want to put into it. Sorry if I have a misunderstanding of how it works.

To sum up: how exactly will token holders make money in the future as BlockMason Credit Protocol becomes successful? Will the token price be manipulated to never go past a certain point - or could their be significant profits reaped in the future provided Block Mason's success goes as planned?

Thanks in advance,

CJ