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kushti (OP)
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April 27, 2019, 11:40:54 AM |
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Ergo Platform core dev. Previously IOHK Research / Nxt core dev / SmartContract.com cofounder.
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mxxxxxx
Legendary
 Offline
Activity: 2310
Merit: 1000
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May 02, 2019, 10:10:04 PM |
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kushti (OP)
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May 17, 2019, 04:10:39 PM |
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Ergo Platform core dev. Previously IOHK Research / Nxt core dev / SmartContract.com cofounder.
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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May 17, 2019, 04:32:58 PM |
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mxxxxxx
Legendary
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Activity: 2310
Merit: 1000
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May 20, 2019, 02:02:14 PM |
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cryptoperkele
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Activity: 889
Merit: 60
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May 25, 2019, 08:41:02 PM |
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Hi, i am thinking i should buy some. Is there token swap from the waves to your own chain and when? I don't want to miss it.
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mxxxxxx
Legendary
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Activity: 2310
Merit: 1000
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May 30, 2019, 08:51:54 AM |
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EleanorZ
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May 30, 2019, 09:03:09 PM |
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I've read your teaser PDF, Justin's emission schedule post, and various other posts. I can see that, if the project develops as intended, there could be interesting applications.
I have two questions for you.
First, I am curious how you expect token price to interact with inflation. Considering that inflation will be ~100% for the first couple of years and still quite high for another 5 years after that, demand will need to increase very fast to prevent token depreciation. Do you consider that realistic? Currently, EFYT tokens are selling for more than $1.50, which is high for an unproven project if we consider that the final supply will be nearly 100M. What incentive is there to purchase EFYT now, instead of waiting for the supply to increase and the price to drop as impatient investors wait for adoption? (To be clear, I'm not suggesting that the project won't succeed, but you know how impatient crypto people are.)
Second, is there anywhere where I can learn about the token economics for Ergs in detail? I understand that users can lock Ergs temporarily, but what about fees, etc.?
Thanks and good luck.
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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June 03, 2019, 04:28:37 PM |
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I've read your teaser PDF, Justin's emission schedule post, and various other posts. I can see that, if the project develops as intended, there could be interesting applications.
I have two questions for you.
First, I am curious how you expect token price to interact with inflation. Considering that inflation will be ~100% for the first couple of years and still quite high for another 5 years after that, demand will need to increase very fast to prevent token depreciation. Do you consider that realistic? Currently, EFYT tokens are selling for more than $1.50, which is high for an unproven project if we consider that the final supply will be nearly 100M. What incentive is there to purchase EFYT now, instead of waiting for the supply to increase and the price to drop as impatient investors wait for adoption? (To be clear, I'm not suggesting that the project won't succeed, but you know how impatient crypto people are.)
Second, is there anywhere where I can learn about the token economics for Ergs in detail? I understand that users can lock Ergs temporarily, but what about fees, etc.?
Thanks and good luck.
You can learn more here https://docs.ergoplatform.com/whitepaper.pdf and through this paper - "A Systematic Approach To Cryptocurrency Fees" https://fc18.ifca.ai/bitcoin/papers/bitcoin18-final18.pdfDocuments can be found here https://ergoplatform.org/documents/ |
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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June 05, 2019, 10:44:26 AM |
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GaPR
Member
Offline
Activity: 356
Merit: 13
coinBusiness / Gapur Ozdoev
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January 30, 2020, 08:54:02 AM |
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This project does not inspire confidence in me.
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{Dev coinBusiness - 🔹0x7bbd8533A9096d490B378f4c8fB226Fc0e05FdEb🔹 , }
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