[ANN] CosmosCR [$CYBR] 🌌Virtual reality world, NFT's, Data solution#blockchain

[matjas]

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Of course not, especially now that the ICO market is in bad condition and prices dont go up once tokens are on exchange but its still the better option for what to do with unsold tokens.

[Margary]

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Of course not, especially now that the ICO market is in bad condition and prices dont go up once tokens are on exchange but its still the better option for what to do with unsold tokens.

I consider the burning of tokens to be a good solution, which can positively affect the result of the value of coins. However, the fashion team send these tokens also to the reserve.

[Mrboot]

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Of course not, especially now that the ICO market is in bad condition and prices dont go up once tokens are on exchange but its still the better option for what to do with unsold tokens.

I consider the burning of tokens to be a good solution, which can positively affect the result of the value of coins. However, the fashion team send these tokens also to the reserve.

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Of course not, especially now that the ICO market is in bad condition and prices dont go up once tokens are on exchange but its still the better option for what to do with unsold tokens.

Just for clarification all unsold tokens from the ICO will be burned! Thats 100% sure and that wont change.

There is a difference between burning unsold tokens and burning tokens on a daily/weekly/monthly basis.

[Makkara]

Like others said, people are going to want to buy in to make a profit regardless of the assets being called utility tokens. But I think you also gave the answer to my question on this page, that is, with non-fungibles, in the same way collectibles are not securities but can become valuable.

If the land is limited or some is located in a more favorable location to attract people than it will surely grow on value.

[Frank37]

Like others said, people are going to want to buy in to make a profit regardless of the assets being called utility tokens. But I think you also gave the answer to my question on this page, that is, with non-fungibles, in the same way collectibles are not securities but can become valuable.

If the land is limited or some is located in a more favorable location to attract people than it will surely grow on value.

It depends on the amount of players, if many 3D worlds will be existing in some years, it also can be, that only a few players live in every world and the price remains stable.

[pynetx]

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Of course not, especially now that the ICO market is in bad condition and prices dont go up once tokens are on exchange but its still the better option for what to do with unsold tokens.

This question has been answered recently. They will burn the unsold tokens which I think is fair to investors.

[Mrboot]

Like others said, people are going to want to buy in to make a profit regardless of the assets being called utility tokens. But I think you also gave the answer to my question on this page, that is, with non-fungibles, in the same way collectibles are not securities but can become valuable.

If the land is limited or some is located in a more favorable location to attract people than it will surely grow on value.

Like others said, people are going to want to buy in to make a profit regardless of the assets being called utility tokens. But I think you also gave the answer to my question on this page, that is, with non-fungibles, in the same way collectibles are not securities but can become valuable.

If the land is limited or some is located in a more favorable location to attract people than it will surely grow on value.

It depends on the amount of players, if many 3D worlds will be existing in some years, it also can be, that only a few players live in every world and the price remains stable.

Location will probably play a big part in the virtual metaverse, thats also the reason why we give first the ico participants their land. This way they get rewarded for their support.

Well yea but not many 3D worlds will exist with support of the blockchain this will give us a big advantage if you ask us. There is always competition if there is not than probably its not
that great idea or you are really the first one creating it.

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Of course not, especially now that the ICO market is in bad condition and prices dont go up once tokens are on exchange but its still the better option for what to do with unsold tokens.

This question has been answered recently. They will burn the unsold tokens which I think is fair to investors.

Yea this is the most fair solution and also the most common one.

[magisterr]

Are you going to have a VR elearning courses or concerts like this have VibeHub? In this way people will be able to pay for such courses in CYBR tokens... 

[bitcoin-shark]

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

[Frank37]

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

Burning at the end of a sale not, but on a regularily base ... it can be a problem.

[Rigorous]

Location will probably play a big part in the virtual metaverse, thats also the reason why we give first the ico participants their land. This way they get rewarded for their support.

Well yea but not many 3D worlds will exist with support of the blockchain this will give us a big advantage if you ask us. There is always competition if there is not than probably its not
that great idea or you are really the first one creating it.

If location is that important, then is there a danger that regulators could consider that as profit created by efforts of your company because you created a virtual landscape that favors one plot of virtual land over another?

[belechau]

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

The completion of the burn would guarantee growth of the market value with this already in the market, but the most important for me is that it becomes more attractive as it reduces its circulating supply

[omwibya]

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

The completion of the burn would guarantee growth of the market value with this already in the market, but the most important for me is that it becomes more attractive as it reduces its circulating supply

^this. the lower the total quantity the more valuable the token.

[Frank37]

Location will probably play a big part in the virtual metaverse, thats also the reason why we give first the ico participants their land. This way they get rewarded for their support.

Well yea but not many 3D worlds will exist with support of the blockchain this will give us a big advantage if you ask us. There is always competition if there is not than probably its not
that great idea or you are really the first one creating it.

If location is that important, then is there a danger that regulators could consider that as profit created by efforts of your company because you created a virtual landscape that favors one plot of virtual land over another?

If the regulators would see it that way, it would be pretty crazy. Then everything would be a problem in the digital world, because nothing is totally equal.

[Mrboot]

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

Burning at the end of a sale not, but on a regularily base ... it can be a problem.

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

The completion of the burn would guarantee growth of the market value with this already in the market, but the most important for me is that it becomes more attractive as it reduces its circulating supply

burning off any unsold tokens seems like a good thing for investors every time team will burn tokens their value in the market probably will grows, burning tokens does not automatically make them security token...

The completion of the burn would guarantee growth of the market value with this already in the market, but the most important for me is that it becomes more attractive as it reduces its circulating supply

^this. the lower the total quantity the more valuable the token.

Burning unsold token is allowed and smart to do, if you distribute them later its good for the money but not really interresting for people. Can you imagine how annoying it would be for sites like coinmarketcap.
We want to be clear and simple, while smart and the best for the community. Burning is the way to go for unsold tokens.

Burning after based on profits would be a security.

[beeelzebub]

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Yes of course it doesn't guarantee anything. If project is bad you can burn %99.99 of the tokens but rest won't worth anything.

But if a project good burning can help a lot. But i can understand the worry causing with the securities.

[Mrboot]

Are you going to have a VR elearning courses or concerts like this have VibeHub? In this way people will be able to pay for such courses in CYBR tokens... 

Are you going to have a VR elearning courses or concerts like this have VibeHub? In this way people will be able to pay for such courses in CYBR tokens...  

If I'm not mistaken, I dont think they will implement that kind of feature in their platform as it would broaden up the concept of the project and will be an additional development work but who knows, they could decide to do it sometime in the future.

We actually are gonna make VR guides and courses, and when the platform is done, we can easly import it into the platform.

We have so many ideas its insane really, cause the options are endless. But we need to focus 100% on making the product as perfect as possible and dont get too much distracted by side activities!

Every wendnesday we have a weekly scrum meeting and after we drink mostly some special draft beers and VR with the team to get the real team feeling, and you cant imagine how much cool things we come up with
after a few drinks (dont judge we're human). We should make a fun ideas list that we and the community can fill in.

[Mrboot]

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Yes of course it doesn't guarantee anything. If project is bad you can burn %99.99 of the tokens but rest won't worth anything.

But if a project good burning can help a lot. But i can understand the worry causing with the securities.

Yea there are other ways to reward holders, and that are much more fun and legal. But the fact is the community can't expect a reward without doing something. Doesn't mean you can't reward your community ever.
Burning tokens isn't the way to go eventually we also need the tokens  Try running many use-cases with 1m tokens, can be done but micro transactions will be like bitcoin at this stage 0,0001342 token for a normal transaction.

Location will probably play a big part in the virtual metaverse, thats also the reason why we give first the ico participants their land. This way they get rewarded for their support.

Well yea but not many 3D worlds will exist with support of the blockchain this will give us a big advantage if you ask us. There is always competition if there is not than probably its not
that great idea or you are really the first one creating it.

If location is that important, then is there a danger that regulators could consider that as profit created by efforts of your company because you created a virtual landscape that favors one plot of virtual land over another?

No this is 100% a utility token that you can sell without beeing a security. eventually when something is on the market it will always set a own value but that value is in $CYBR that is also not a security token.
The virtual land is only valuable to be used on the platform, its part of the platform that will create the virtual land.

Article about Virtual land in the cosmos with added information is done and is now for the final checks hope to release it tomorrow!

 

[Makkara]

Article about Virtual land in the cosmos with added information is done and is now for the final checks hope to release it tomorrow!

 

Quite eager to read it then. 
It will surely help to understand a bit more how it works. Hopefully there will be some section which compare this project to otjer similar projects. Anyway please shout here when the article is released.

[pynetx]

Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)

Yes of course it doesn't guarantee anything. If project is bad you can burn %99.99 of the tokens but rest won't worth anything.

But if a project good burning can help a lot. But i can understand the worry causing with the securities.

you are spot on there. Because burning is the best possible solution available otherwise it would be an injustice to the investors.