[ANN][XAM] ⚡⚡⚡⚡ Amulet ⚡⚡⚡⚡

[CucakRowo]

Finally... Advisor.

Reserve place for further update.

[thandar808]

when will the testnet be live?

[OfficialAmulet]

when will the testnet be live?

We are targeting next week.

[zinkcity]

Would love to get into the pre sale on Amulet. Expect the UI and UX to be as awesome as the website

[wheezybaby]

 Very good web site. Design is clean and simple. I signed up and I am waiting for further info about XAM.

[Bitcollector22]

Looks like they are answering questions about the bounty on telegram

[Terraform]

Went to site. What you have in the animation is free? The UI is kind of klugey I could give tips if you want. But damn can't believe this is free, is that temporary???

[pgmr26]

  What are benefits of signing up to Amulet?

[OfficialAmulet]

  What are benefits of signing up to Amulet?

Sign up to find out how to get Amulet tokens [XAM] and to get notified when we launch our bounty program.

To sign up, go to https://www.amuletplatform.com/learnmore

[Meregeld]

Cool project. Expert ratings is something we could all use.

[OfficialAmulet]

Went to site. What you have in the animation is free? The UI is kind of klugey I could give tips if you want. But damn can't believe this is free, is that temporary???

All the functionality shown in the animation will be available for free on the testnet (coming next week). This will let people use the technology we're developing and provide us feedback. After the mainnet launch, users will need to have Amulet tokens [XAM] to use all the functionality shown in the animation.

[pgmr26]

 
  What is the point for an expert to join your expert community?
  It may hurt his reputation.

[OfficialAmulet]

  
  What is the point for an expert to join your expert community?
  It may hurt his reputation.

Great question. There are simple answers:

1. This plaform is low risk to get started with: Experts can establish their proof of accuracy anonymously, and link this anonymous identity to their puplic identity if they are satisfied.

2. Experts will earn XAM everytime their predictions come true.

3. If experts can prove they are right a lot, they will have a compelling reason to charge more for their services (no need for thousands of non-paying followers anymore). This history of accuracy will also serve as an argument to steal business away from other experts who have no 'proof of accuracy' they are willing to stand behind.

4. Over time, we expect that newbie and veteran investors will start to see this platform as the go-to place to safely find expertise. Not having a presence here will severely limit an expert's ability to earn a following.

[bloodeverywhere]

I signed up! Feel like I'm finally getting in on something big early

[am_i_smart]

How much (in $) does it cost for investors to use your Amulet platform?

[OfficialAmulet]

I thought about this more over night, I was wondering is there a way to stop anyone from gaming the system? like if someone creates there own ico and manipulates the exchange price after making predictions the system will give them free amulet even tho they are not really smart just cheating

Hey there, great question. The amount of Amulet an Expert is able to win depends on how many investors are interested in knowing the answer to this question. So in your example of a fake ICO, there will be no interest from other Investors to offer XAM, so this Expert will lose money in this manipulation attempt.

[OfficialAmulet]

How much (in $) does it cost for investors to use your Amulet platform?

Investors will be able to check the reputation of any expert for free (this information will be stored publicly on the blockchain and easily accessible with the Amulet open source SDK).

If an investor wants to post a question to the analyst community, a bidding process will take place with other investors. If the question is popular, the price of the answer will go up (incentivizing experts to participate).

[Meregeld]

Ahh interesting so you have experts put some skin in the game. Smart, probably will help reduce manipulation attempts. Just don't make it too expensive. You want the benefits to out weigh the costs for experts because without them you won't attract investors to the platform.

[pgmr26]

How do you split a reward between experts whose predictions were accurate for a particular question?
Do you take into account their previous reputation record?

 

[Vazan25]

I join, I'm interested.Although nothing has understood your goal of the project.
But, judging by the command and white paper, the project deserves respect.
We will observe, I hope for success and profit.