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Author Topic: [ANN] [ICO September 1] ALIS - Japanese Social Media Network  (Read 20418 times)
prowe
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November 18, 2017, 02:34:35 PM
 #201

ALIS seems a reliable startup and future platform.  Grin


Positive
- they give feedback of their daily activity at Twitter in Japanese and English
https://twitter.com/alis_media

- they burned a lot of Tokens the 17th of November
https://etherscan.io/token/0xea610b1153477720748dc13ed378003941d84fab
*75.2 MILLION left

Max Sunrise
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November 20, 2017, 06:40:02 AM
 #202

Can Alis team update Coinmarketcap as it still says supply is 287m coins

This needs to be updated

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November 20, 2017, 06:43:22 AM
 #203

What if the idea of using blockchain for social network? The point of social network is to tell everyone who you are, and the point of blockchain is decentralizing- I just don't see how they correspond!
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November 20, 2017, 02:07:29 PM
 #204

What if the idea of using blockchain for social network? The point of social network is to tell everyone who you are, and the point of blockchain is decentralizing- I just don't see how they correspond!
It's not a social media network in the sense of facebook. It's a social network where information will be fact-checked and verified. So information you will read through Alis is not a hidden advertisement, stealth marketing campaings or clickbait. Alis targets Japan. Apparently in Japan news and informational articles are usually collored and biased.
Checking info through blockchain is also done by Lunir and Steem. Steem is already up and running. Pos. 31 in coinmarketcap so actually doing pretty good. Scince Japan has a different language, it's an open market, Alis jumps in here.
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November 20, 2017, 03:45:22 PM
 #205

Why is everybody dumping their coins???....I thought I bought at a lower price and now it has gone even lower....This does not make sense...Why are people so stupid to sell so low?
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November 20, 2017, 07:12:18 PM
 #206

Apparently lots of people thought burning a shitload of coins would make the price skyrocket. Lot of that was floating around on twitter.
That's why it was goin up fast before the burn. Now people sell again because they figured out it didn't influence the price. Don't worry, price will go up again. End of December they already have a first sneak-peak of the actual product.
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November 21, 2017, 08:39:46 PM
 #207

Why is everybody dumping their coins???....I thought I bought at a lower price and now it has gone even lower....This does not make sense...Why are people so stupid to sell so low?

I think because of this

https://etherscan.io/token/0xEA610B1153477720748DC13ED378003941d84fAB#balances

1   0xed93fb4b30b31dd614d13e92b89aba1c6d12c9d4   36670551.9135547   48.7581%

ALIS ownes this amount, people don't know if they will sell it and when...

You are able to see this with a lot of Token Sales (ICO's), even after the TokenSales they try to enrich themselves even more...

That should have burned all the remaining tokens instead of keeping 48.75%

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November 22, 2017, 08:44:46 AM
 #208

Why is everybody dumping their coins???....I thought I bought at a lower price and now it has gone even lower....This does not make sense...Why are people so stupid to sell so low?

I think because of this

https://etherscan.io/token/0xEA610B1153477720748DC13ED378003941d84fAB#balances

1   0xed93fb4b30b31dd614d13e92b89aba1c6d12c9d4   36670551.9135547   48.7581%

ALIS ownes this amount, people don't know if they will sell it and when...

You are able to see this with a lot of Token Sales (ICO's), even after the TokenSales they try to enrich themselves even more...

That should have burned all the remaining tokens instead of keeping 48.75%

You are wrong. That should NOT have been burned. It's as agreed on in advance: it was clearly stated in the whitepaper they would own 50% of the circulating supply of the tokens. (They and their stakeholders. see page 12 of their whitepaper.) There is a  contractual limit for them to sell.
They also made clear here what the situation would be after the burn:
https://docs.google.com/spreadsheets/d/1nJUUe-BZjDfQ1pX9xk-P0xGnXShqT25ilaQxhAnbUNg/edit#gid=0

Offcourse they own a tokens, all projects have a share and own tokens. Just like any regular company has a majority in shares. Which is a good thing, because that is the biggest incentive to make the project successful and make the value of the token rise.
prowe
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November 22, 2017, 07:51:38 PM
 #209

Why is everybody dumping their coins???....I thought I bought at a lower price and now it has gone even lower....This does not make sense...Why are people so stupid to sell so low?

I think because of this

https://etherscan.io/token/0xEA610B1153477720748DC13ED378003941d84fAB#balances

1   0xed93fb4b30b31dd614d13e92b89aba1c6d12c9d4   36670551.9135547   48.7581%

ALIS ownes this amount, people don't know if they will sell it and when...

You are able to see this with a lot of Token Sales (ICO's), even after the TokenSales they try to enrich themselves even more...

That should have burned all the remaining tokens instead of keeping 48.75%

You are wrong. That should NOT have been burned. It's as agreed on in advance: it was clearly stated in the whitepaper they would own 50% of the circulating supply of the tokens. (They and their stakeholders. see page 12 of their whitepaper.) There is a  contractual limit for them to sell.
They also made clear here what the situation would be after the burn:
https://docs.google.com/spreadsheets/d/1nJUUe-BZjDfQ1pX9xk-P0xGnXShqT25ilaQxhAnbUNg/edit#gid=0

Offcourse they own a tokens, all projects have a share and own tokens. Just like any regular company has a majority in shares. Which is a good thing, because that is the biggest incentive to make the project successful and make the value of the token rise.

To my opinion it should be max. 10%/15%, that seems way more credible.

Tokens are not a share of the company ALIS so it's not comparable with the shareholder principle of participation.

If a cryptocurrency (minable coin) would have a premine of close to 50% people would say it's worhtless.

And with tokens distribution it's the same, I disagree that some people pretend it's normal.

I'm experiencing this with a shitload of tokens. The creatorsshare is way too big after ICO with a majority of the tokens.

And that is not a good prospect.

I do believe in the company ALIS, let's be straight about that.

They seem reliable and I get the idea that they are putting the funding in the company.

With a stunning end product as result.


But apart from that I would have liked to see a different token distribution.

Max Sunrise
Dezeyay
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November 24, 2017, 12:18:27 PM
 #210

I compare tokens with shares in the sense that it's an incentive for the team to make the value rise. That's a relevant comparison.

Wheter you agree with the % they hold or not, they have been open and clear about it from the start. So it's not really fair to complain about this afterwards. You knew what you bought in to.
And I wouldn't worry to much. I just saw their share is not part of the circulating supply. So they can't sell anytime soon, it's contractual limmited. It happens a lot. Check NEO, EOS, Qtum, OMG, everywhere you see total supply instead of max supply next to circulating supply at coinmarketcap.com. All successfull coins.

And I agree with you, I believe in Alis too. They will do great.
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