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Author Topic: [ANN]MOOZICORE | IEO -Music Streaming Service on Blockchain | Coinbebe | LAToken  (Read 5781 times)
Zurcermozz
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July 17, 2019, 05:12:43 AM
 #321

For the beta release the app is quite good but what I don't understand is why do you need our location in order for us to continue using the app?

I think the location is important for the application to know the songs you'll prefer and build a play list for persons around such location. It's basically an artificial intelligence necessity to ensure that the right information is stored in the platform which is necessary for continuity and adaptation.

I agree with you, the app has several functionality that needs your location to be fully optimised. Remember there's the voting system on the app, where users can vote for the songs to be played in a location close to them. This opportunity can only be available when the app is updated with your location from the onset.

I really like that feature because everyone can really show more support on those singers and composers. We really helped them by watching their videos or subcribing to their channel but now they will going to have another way to get some support.

Creating an app is one thing, ensuring that users keep coming back is another thing and its all left to the team to put things in place in ensuring that such is done, the coming in of a notable individual into the brand will help give users reasons to get the community to believe in them, with that said, probably the coming weeks will be filled with some good news

I agree with you. Moozicore needs to consider getting notable brand ambassador like popular musicians since the project is about music. This ambassador are to be visible on their adverts and promotions. I have a conviction that it would be good for better promotion of the project.

Why not the Mooozicore have a connection to a publisher, artist or musician, or used some advertisement on youtube wherein they will show their project's feature and how it will turn to a modern music apps?
Ace44
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July 17, 2019, 06:14:31 AM
 #322

For the beta release the app is quite good but what I don't understand is why do you need our location in order for us to continue using the app?

I think the location is important for the application to know the songs you'll prefer and build a play list for persons around such location. It's basically an artificial intelligence necessity to ensure that the right information is stored in the platform which is necessary for continuity and adaptation.

I agree with you, the app has several functionality that needs your location to be fully optimised. Remember there's the voting system on the app, where users can vote for the songs to be played in a location close to them. This opportunity can only be available when the app is updated with your location from the onset.

I really like that feature because everyone can really show more support on those singers and composers. We really helped them by watching their videos or subcribing to their channel but now they will going to have another way to get some support.

Creating an app is one thing, ensuring that users keep coming back is another thing and its all left to the team to put things in place in ensuring that such is done, the coming in of a notable individual into the brand will help give users reasons to get the community to believe in them, with that said, probably the coming weeks will be filled with some good news

I agree with you. Moozicore needs to consider getting notable brand ambassador like popular musicians since the project is about music. This ambassador are to be visible on their adverts and promotions. I have a conviction that it would be good for better promotion of the project.

I believe they already stated something about having an ambassador on board like i stated above, so its a start and it will be nice to also get more on board and give the community something to feast on and something to leverage on for the brand, its nice to see the blockchain industry going into various niches and addressing flaws in the industry
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July 17, 2019, 06:51:18 AM
 #323

The Moozicore blog post has been listed on Krown (https://krown.io/story/vote-for-mzg-on-kucoin-moozicore-medium) Make sure to upvote your link!

Content sure looks great, definitely an upvote from me. I hope they get listed on KuCoin.

It’s not that easy getting listed on big exchanges like KuCoin. KuCoin is a US exchange, and that could mean some restrictions in projects that could be listed. I think latoken and coinbene are the best and top exchanges moozicore has.  Latoken has its flaws, but it’s a good exchange.

Moozicore IEO going on at four different exchanges and at least three are good one.  Trading expected to start from 1st of August 2019.

Oh really, thats awesome lots of users at their disposal, the IEO has a good chance at success and trading on 4 exchanges is sure a good way to approach the crypto space.


Well yeah, moozicore is one of those project that have great usecase and for that reason they will have a lot of user engagement. From the look of things I strongly believe their IEO will be successful and like you said trading on plenty exchange platform is truly a good headstart

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July 17, 2019, 06:53:26 AM
 #324

Guys, let me share you something from one of our community, Regarding the burn program and the 10% fiat burn on the token.

Thien, [16.07.19 00:16]

Quite the opposite, that is a dream comes true, not pesimitic! Let me tell you guys what needs to happen before the supply of MZG go to 0.

Imagine there is a group of people whose only goal in life is to buy MZG and burn until there's no MZG left. They would need to work their ass off superhard to make money consistently and to buy MZG from all investors on a regular basis. This group consists of highly educated people, i.e. engineers and doctors. In sum, they make about $50k / day. Everyday, $50k is spend buying MZG and burn them. Millions of MZG get burned daily by this group.

Investors slowly realize that there is this group with an undying passion to burn MZG. The investors then set their price a little higher, say ($0.5/MZG), because they know eventually this group will buy after all the cheap sellers run out of MZG.

Then, the group proceed to buy all MZG under $0.5, but they need to keep burning because that's their only goal in life, so now they are forced to buy MZG at $0.5 from the smart investors. However, the group is still making $50k / day, so the rate of MZG getting burned is lower to 100k MZG / day. If they keep up with this rate, they will be able to burn out all MZG in 30 years.

However, the smart investors then say "Hah, they seem very thirsty for MZG, let increase the price, to $1 / MZG, see if they would buy it". Still, that group keeps buying. The smart investors again say "Hah, they are still buying, let increase the price to $5 / MZG". The group has no choice, but keep buying, because their goal is to burn out all MZG.

Now at $5 / MZG, they can only burn 10k MZG / day. That takes them more than a century to burn out all MZG. "Nope, we need more money to buy MZG, let's rob banks", said the leaders of the group. They change from engineers and doctors to thiefs, highly organized ones. They now make $10m / day in sum.

After a year, they buy a total of 500m MZG all under $10k / MZG. At this point, over 70% of MZG are gone. There are around 300m MZG left in circulation. This group feels satisfied. They are doing good, keep on robbing banks and buying MZG.

One day, a smart investor, investor A, freaks out, "WTF is this mysterious group, they keep buying MZG like crazy, soon or later people who sell under $30k will lose all their MZG, I'll wait until then and sell mine at $30k".

6 months later ...

Investor A: "No way, they bought half of my MZG already, OMG, quick, cancel the order, phew, I manage to keep half of my stack, I'll sell this for $50k, soon or later they will reach it"

6 months later ...

Investor A: "TF, they reach it again, cancel, cancel, I'll sell at $100k this time, if they reach it, I will let them buy and retire".

1 year later ...

The group manage to buy off another 300m MZG, including investor A's stack, there are now only around 200m MZG left in circulation, each selling at over $100k. Making $10m / day, the group can only acquire 100 MZG daily. That isn't good, so they organize more crimes across the globe and increase their income to $1b / day.

They keep on burning. The price of MZG also keeps increasing as sellers are running out of MZG. The group keeps finding ways to increase their income as the price of MZG rises. After 5 years, MZG is now selling at $1m / each. After another 10 years, MZG sells at $10b each, and there are only 100 MZG left in the market. Investors C, the biggest whale at the time, with a HUGE stack of 10 MZG, knows the goal of the group very well, so he sells off 9 of his MZG for $90b and keep 1 MZG left. He is then ranked the second richest man in the world at that time with a networth of over $90b.

After a decade, the group manages to buy off all MZG, but 1. The 1 MZG that investor C keeps for himself. The group becomes outragous, they place a buy order at $300b / MZG but investor C doesn't sell. They push it up to $500b / MZG, investor C doesn't sell. They push it over $1,000b / MZG. Investor C sells 0.1 MZG, and become the richest man in the world, still keeping 0.9 MZG. The group then understands that they won't be able to buy it with money.

------

With group members all around the world including even economic and military leaders. The group rises up in arms, attacks, kill the President and conquer the US. After that, they proceed to figuring out the identity of investor C. They offer him the United States of America along with all of their asset acquired from crimes worth over $900trillion in exchange for his 0.9 MZG. Investor C agrees and progress on to be the richest man in the world while ruling the richest country ever in history.

Finally ... the last bit of MZG is burn. The members of the group then turn back from organized criminals to doctors and engineers, live happily onward as they have reached their ultimate goal in life, burning all available MZG, reducing its supply to absolute 0.

Lesson learned: Want to be the richest man in the world and the president of the US? All you need is 1 MZG before the supply goes to 0.


If there is no Moozicore tokens left then how people can use token for vote?  And in this case the platform willl be owned by whom?  Since there will be no stakes /token holders to receive benefits or claim ownership.

This was symbolic that it is close to impossible, to hit 0 Tokens. 1 Token would cost that much, that you actually need the decimals wiht 0.0000xxxxx

Agree it really impossible but just what if, If his opinion will really going to happened in the future? But I guess the team will really going to make sure that it will not going to happen right?

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Anilbg
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July 17, 2019, 07:32:35 AM
 #325

Guys, let me share you something from one of our community, Regarding the burn program and the 10% fiat burn on the token.

Thien, [16.07.19 00:16]

Quite the opposite, that is a dream comes true, not pesimitic! Let me tell you guys what needs to happen before the supply of MZG go to 0.

Imagine there is a group of people whose only goal in life is to buy MZG and burn until there's no MZG left. They would need to work their ass off superhard to make money consistently and to buy MZG from all investors on a regular basis. This group consists of highly educated people, i.e. engineers and doctors. In sum, they make about $50k / day. Everyday, $50k is spend buying MZG and burn them. Millions of MZG get burned daily by this group.

Investors slowly realize that there is this group with an undying passion to burn MZG. The investors then set their price a little higher, say ($0.5/MZG), because they know eventually this group will buy after all the cheap sellers run out of MZG.

Then, the group proceed to buy all MZG under $0.5, but they need to keep burning because that's their only goal in life, so now they are forced to buy MZG at $0.5 from the smart investors. However, the group is still making $50k / day, so the rate of MZG getting burned is lower to 100k MZG / day. If they keep up with this rate, they will be able to burn out all MZG in 30 years.

However, the smart investors then say "Hah, they seem very thirsty for MZG, let increase the price, to $1 / MZG, see if they would buy it". Still, that group keeps buying. The smart investors again say "Hah, they are still buying, let increase the price to $5 / MZG". The group has no choice, but keep buying, because their goal is to burn out all MZG.

Now at $5 / MZG, they can only burn 10k MZG / day. That takes them more than a century to burn out all MZG. "Nope, we need more money to buy MZG, let's rob banks", said the leaders of the group. They change from engineers and doctors to thiefs, highly organized ones. They now make $10m / day in sum.

After a year, they buy a total of 500m MZG all under $10k / MZG. At this point, over 70% of MZG are gone. There are around 300m MZG left in circulation. This group feels satisfied. They are doing good, keep on robbing banks and buying MZG.

One day, a smart investor, investor A, freaks out, "WTF is this mysterious group, they keep buying MZG like crazy, soon or later people who sell under $30k will lose all their MZG, I'll wait until then and sell mine at $30k".

6 months later ...

Investor A: "No way, they bought half of my MZG already, OMG, quick, cancel the order, phew, I manage to keep half of my stack, I'll sell this for $50k, soon or later they will reach it"

6 months later ...

Investor A: "TF, they reach it again, cancel, cancel, I'll sell at $100k this time, if they reach it, I will let them buy and retire".

1 year later ...

The group manage to buy off another 300m MZG, including investor A's stack, there are now only around 200m MZG left in circulation, each selling at over $100k. Making $10m / day, the group can only acquire 100 MZG daily. That isn't good, so they organize more crimes across the globe and increase their income to $1b / day.

They keep on burning. The price of MZG also keeps increasing as sellers are running out of MZG. The group keeps finding ways to increase their income as the price of MZG rises. After 5 years, MZG is now selling at $1m / each. After another 10 years, MZG sells at $10b each, and there are only 100 MZG left in the market. Investors C, the biggest whale at the time, with a HUGE stack of 10 MZG, knows the goal of the group very well, so he sells off 9 of his MZG for $90b and keep 1 MZG left. He is then ranked the second richest man in the world at that time with a networth of over $90b.

After a decade, the group manages to buy off all MZG, but 1. The 1 MZG that investor C keeps for himself. The group becomes outragous, they place a buy order at $300b / MZG but investor C doesn't sell. They push it up to $500b / MZG, investor C doesn't sell. They push it over $1,000b / MZG. Investor C sells 0.1 MZG, and become the richest man in the world, still keeping 0.9 MZG. The group then understands that they won't be able to buy it with money.

------

With group members all around the world including even economic and military leaders. The group rises up in arms, attacks, kill the President and conquer the US. After that, they proceed to figuring out the identity of investor C. They offer him the United States of America along with all of their asset acquired from crimes worth over $900trillion in exchange for his 0.9 MZG. Investor C agrees and progress on to be the richest man in the world while ruling the richest country ever in history.

Finally ... the last bit of MZG is burn. The members of the group then turn back from organized criminals to doctors and engineers, live happily onward as they have reached their ultimate goal in life, burning all available MZG, reducing its supply to absolute 0.

Lesson learned: Want to be the richest man in the world and the president of the US? All you need is 1 MZG before the supply goes to 0.


If there is no Moozicore tokens left then how people can use token for vote?  And in this case the platform willl be owned by whom?  Since there will be no stakes /token holders to receive benefits or claim ownership.

This was symbolic that it is close to impossible, to hit 0 Tokens. 1 Token would cost that much, that you actually need the decimals wiht 0.0000xxxxx

Agree it really impossible but just what if, If his opinion will really going to happened in the future? But I guess the team will really going to make sure that it will not going to happen right?


Here the team will be reducing the supply of the token and this will make tokens value go up and people who keep on holding the same will get more return
ning_aric
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July 17, 2019, 07:54:58 AM
 #326

As far as I know, the company is planning active marketing activities in the United States closer to September.  At the same time scheduled to receive basic licenses.  Therefore, in September, the price may well fly up

Sounds like a fair trade. You can buy moozicore tokens now and sell for much higher prices in September. I think if moozicore could get the license, it would be good for the value of the tokens. Btw I really don’t think it’s going to be easy getting a license. Libra is on fire for that rn. Lol.

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champ005
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July 17, 2019, 07:56:49 AM
 #327

There is good way of increasing the token value. But I was expecting some limit for burning tokens. But team knows what's good for their projects.
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July 17, 2019, 07:59:16 AM
 #328

I’ll like to know, for investors in your project do you have a plan to protect holders of your tokens against price fluctuations and drop in tokens price? It get scary some times.

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Pricebrianer
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July 17, 2019, 08:02:00 AM
 #329

As far as I know, the company is planning active marketing activities in the United States closer to September.  At the same time scheduled to receive basic licenses.  Therefore, in September, the price may well fly up

We have to agree that US has the biggest economy in the world. It’s also a stable economy too. But it’s very much regulated and moozicore getting in wouldn’t be so easy. I think they have a good chance in the US market, people are going to like the idea.

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Mrcharles
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July 17, 2019, 10:54:39 AM
 #330

For the beta release the app is quite good but what I don't understand is why do you need our location in order for us to continue using the app?

I think the location is important for the application to know the songs you'll prefer and build a play list for persons around such location. It's basically an artificial intelligence necessity to ensure that the right information is stored in the platform which is necessary for continuity and adaptation.

I agree with you, the app has several functionality that needs your location to be fully optimised. Remember there's the voting system on the app, where users can vote for the songs to be played in a location close to them. This opportunity can only be available when the app is updated with your location from the onset.

Of course, voting will be very good in the app but for that we need to spend moozicore coins right, as a voter how are we going to be beneficial from it. Only the person who gets the votes will be benefiting from it by getting more views to that song or videos.

That's a good question and i get your point, voters perhaps should be given some sort of incentive but on the other hand, won't such lead to inefficiencies because many will be voting because they believe they will gain something, even when its a fact that there votes are inaccurate, perhaps something should be put in place to curtail such if the need arises

In my opinion, the incentive to vote is getting your desired song played in a public place. There's a great feeling of fulfillment that comes when your desired song won the votes of several person and has been chosen to be played on air or your desired location.
jumiapaul
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July 17, 2019, 10:59:03 AM
 #331

For the beta release the app is quite good but what I don't understand is why do you need our location in order for us to continue using the app?

I think the location is important for the application to know the songs you'll prefer and build a play list for persons around such location. It's basically an artificial intelligence necessity to ensure that the right information is stored in the platform which is necessary for continuity and adaptation.

I agree with you, the app has several functionality that needs your location to be fully optimised. Remember there's the voting system on the app, where users can vote for the songs to be played in a location close to them. This opportunity can only be available when the app is updated with your location from the onset.

Of course, voting will be very good in the app but for that we need to spend moozicore coins right, as a voter how are we going to be beneficial from it. Only the person who gets the votes will be benefiting from it by getting more views to that song or videos.

That's a good question and i get your point, voters perhaps should be given some sort of incentive but on the other hand, won't such lead to inefficiencies because many will be voting because they believe they will gain something, even when its a fact that there votes are inaccurate, perhaps something should be put in place to curtail such if the need arises

In my opinion, the incentive to vote is getting your desired song played in a public place. There's a great feeling of fulfillment that comes when your desired song won the votes of several person and has been chosen to be played on air or your desired location.

I agree with you, so many persons spend a substantial amount of money over time voting for a TV personality they love to win a contest. These persons are not given any incentive, but derive their satisfaction from seeing the person they want emerge as a winner in the competition.
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July 17, 2019, 11:10:59 AM
 #332

Prices of crypto currencies and for the last time moozicore tokens are really low now. I guess it’s time to fill your wallets guys. As much as you can. Moozicore tokens would be listed in three top exchanges soon.

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July 17, 2019, 11:12:00 AM
 #333

Moozicore marketing is huge! I think they have a marketing team and they are taking on big advertising space. I like this. Shows they indeed want the project to reach a lot of people.

Seeing Moozicore on Google ads and Etherscan shows they are in for the success of the project. Cool Cool

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July 17, 2019, 11:32:53 AM
 #334

Moozicore marketing is huge! I think they have a marketing team and they are taking on big advertising space. I like this. Shows they indeed want the project to reach a lot of people.

Seeing Moozicore on Google ads and Etherscan shows they are in for the success of the project. Cool Cool

It seems that they will be successful at the end of the crowd sales, in all the stages of their IEO, they are successfully raising the money. Yes, till now they have done a very good job in terms of marketing and back end project seems to very fine that's why many community members are showing a lot of interest towards the project.
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July 17, 2019, 11:56:43 AM
 #335

Moozicore marketing is huge! I think they have a marketing team and they are taking on big advertising space. I like this. Shows they indeed want the project to reach a lot of people.

Seeing Moozicore on Google ads and Etherscan shows they are in for the success of the project. Cool Cool

Yeah. Ibam not surprised though. Moozicore has been in existence for more than a year now. I know they might havr shared their own form of failure and are thriving for success presently.
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July 17, 2019, 12:27:57 PM
 #336

Prices of crypto currencies and for the last time moozicore tokens are really low now. I guess it’s time to fill your wallets guys. As much as you can. Moozicore tokens would be listed in three top exchanges soon.

Best to take advantage of the whole deal and buy moozicore tokens. Any idea what those top exchanges would be?

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nwosuchristabe2
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July 17, 2019, 12:39:29 PM
 #337

Prices of crypto currencies and for the last time moozicore tokens are really low now. I guess it’s time to fill your wallets guys. As much as you can. Moozicore tokens would be listed in three top exchanges soon.

There's no doubt that the market is bearish at the moment, but my fear is that we don't know how much dipper it may go. I'm afraid of purchasing tokens, at the moment only for the price to experience more substantial drop. It may leave one regretting for taking the action rashly.
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July 17, 2019, 01:01:23 PM
 #338

As far as I know, the company is planning active marketing activities in the United States closer to September.  At the same time scheduled to receive basic licenses.  Therefore, in September, the price may well fly up

We have to agree that US has the biggest economy in the world. It’s also a stable economy too. But it’s very much regulated and moozicore getting in wouldn’t be so easy. I think they have a good chance in the US market, people are going to like the idea.

I agree with you and based on the current happening, I'm of the opinion that the US government is not very comfortable with cryptocurrency and that could affect Moozicore licensing. I wish the team the best as they journey to take the US market by storm. I believe the US market would be instrumental to the growth and success of the project.
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July 17, 2019, 02:27:06 PM
 #339

Guys, let me share you something from one of our community, Regarding the burn program and the 10% fiat burn on the token.

Thien, [16.07.19 00:16]

Quite the opposite, that is a dream comes true, not pesimitic! Let me tell you guys what needs to happen before the supply of MZG go to 0.

Imagine there is a group of people whose only goal in life is to buy MZG and burn until there's no MZG left. They would need to work their ass off superhard to make money consistently and to buy MZG from all investors on a regular basis. This group consists of highly educated people, i.e. engineers and doctors. In sum, they make about $50k / day. Everyday, $50k is spend buying MZG and burn them. Millions of MZG get burned daily by this group.

Investors slowly realize that there is this group with an undying passion to burn MZG. The investors then set their price a little higher, say ($0.5/MZG), because they know eventually this group will buy after all the cheap sellers run out of MZG.

Then, the group proceed to buy all MZG under $0.5, but they need to keep burning because that's their only goal in life, so now they are forced to buy MZG at $0.5 from the smart investors. However, the group is still making $50k / day, so the rate of MZG getting burned is lower to 100k MZG / day. If they keep up with this rate, they will be able to burn out all MZG in 30 years.

However, the smart investors then say "Hah, they seem very thirsty for MZG, let increase the price, to $1 / MZG, see if they would buy it". Still, that group keeps buying. The smart investors again say "Hah, they are still buying, let increase the price to $5 / MZG". The group has no choice, but keep buying, because their goal is to burn out all MZG.

Now at $5 / MZG, they can only burn 10k MZG / day. That takes them more than a century to burn out all MZG. "Nope, we need more money to buy MZG, let's rob banks", said the leaders of the group. They change from engineers and doctors to thiefs, highly organized ones. They now make $10m / day in sum.

After a year, they buy a total of 500m MZG all under $10k / MZG. At this point, over 70% of MZG are gone. There are around 300m MZG left in circulation. This group feels satisfied. They are doing good, keep on robbing banks and buying MZG.

One day, a smart investor, investor A, freaks out, "WTF is this mysterious group, they keep buying MZG like crazy, soon or later people who sell under $30k will lose all their MZG, I'll wait until then and sell mine at $30k".

6 months later ...

Investor A: "No way, they bought half of my MZG already, OMG, quick, cancel the order, phew, I manage to keep half of my stack, I'll sell this for $50k, soon or later they will reach it"

6 months later ...

Investor A: "TF, they reach it again, cancel, cancel, I'll sell at $100k this time, if they reach it, I will let them buy and retire".

1 year later ...

The group manage to buy off another 300m MZG, including investor A's stack, there are now only around 200m MZG left in circulation, each selling at over $100k. Making $10m / day, the group can only acquire 100 MZG daily. That isn't good, so they organize more crimes across the globe and increase their income to $1b / day.

They keep on burning. The price of MZG also keeps increasing as sellers are running out of MZG. The group keeps finding ways to increase their income as the price of MZG rises. After 5 years, MZG is now selling at $1m / each. After another 10 years, MZG sells at $10b each, and there are only 100 MZG left in the market. Investors C, the biggest whale at the time, with a HUGE stack of 10 MZG, knows the goal of the group very well, so he sells off 9 of his MZG for $90b and keep 1 MZG left. He is then ranked the second richest man in the world at that time with a networth of over $90b.

After a decade, the group manages to buy off all MZG, but 1. The 1 MZG that investor C keeps for himself. The group becomes outragous, they place a buy order at $300b / MZG but investor C doesn't sell. They push it up to $500b / MZG, investor C doesn't sell. They push it over $1,000b / MZG. Investor C sells 0.1 MZG, and become the richest man in the world, still keeping 0.9 MZG. The group then understands that they won't be able to buy it with money.

------

With group members all around the world including even economic and military leaders. The group rises up in arms, attacks, kill the President and conquer the US. After that, they proceed to figuring out the identity of investor C. They offer him the United States of America along with all of their asset acquired from crimes worth over $900trillion in exchange for his 0.9 MZG. Investor C agrees and progress on to be the richest man in the world while ruling the richest country ever in history.

Finally ... the last bit of MZG is burn. The members of the group then turn back from organized criminals to doctors and engineers, live happily onward as they have reached their ultimate goal in life, burning all available MZG, reducing its supply to absolute 0.

Lesson learned: Want to be the richest man in the world and the president of the US? All you need is 1 MZG before the supply goes to 0.


If there is no Moozicore tokens left then how people can use token for vote?  And in this case the platform willl be owned by whom?  Since there will be no stakes /token holders to receive benefits or claim ownership.

This was symbolic that it is close to impossible, to hit 0 Tokens. 1 Token would cost that much, that you actually need the decimals wiht 0.0000xxxxx

Agree it really impossible but just what if, If his opinion will really going to happened in the future? But I guess the team will really going to make sure that it will not going to happen right?


Here the team will be reducing the supply of the token and this will make tokens value go up and people who keep on holding the same will get more return

Well that's really a good way to make their investors or holders to keep their tokens. The more they saw how the project works and moves it will help them a lot to boost their trust on it.

At your service
justsimpleram
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July 17, 2019, 03:13:19 PM
 #340

Guys, let me share you something from one of our community, Regarding the burn program and the 10% fiat burn on the token.

Thien, [16.07.19 00:16]

Quite the opposite, that is a dream comes true, not pesimitic! Let me tell you guys what needs to happen before the supply of MZG go to 0.

Imagine there is a group of people whose only goal in life is to buy MZG and burn until there's no MZG left. They would need to work their ass off superhard to make money consistently and to buy MZG from all investors on a regular basis. This group consists of highly educated people, i.e. engineers and doctors. In sum, they make about $50k / day. Everyday, $50k is spend buying MZG and burn them. Millions of MZG get burned daily by this group.

Investors slowly realize that there is this group with an undying passion to burn MZG. The investors then set their price a little higher, say ($0.5/MZG), because they know eventually this group will buy after all the cheap sellers run out of MZG.

Then, the group proceed to buy all MZG under $0.5, but they need to keep burning because that's their only goal in life, so now they are forced to buy MZG at $0.5 from the smart investors. However, the group is still making $50k / day, so the rate of MZG getting burned is lower to 100k MZG / day. If they keep up with this rate, they will be able to burn out all MZG in 30 years.

However, the smart investors then say "Hah, they seem very thirsty for MZG, let increase the price, to $1 / MZG, see if they would buy it". Still, that group keeps buying. The smart investors again say "Hah, they are still buying, let increase the price to $5 / MZG". The group has no choice, but keep buying, because their goal is to burn out all MZG.

Now at $5 / MZG, they can only burn 10k MZG / day. That takes them more than a century to burn out all MZG. "Nope, we need more money to buy MZG, let's rob banks", said the leaders of the group. They change from engineers and doctors to thiefs, highly organized ones. They now make $10m / day in sum.

After a year, they buy a total of 500m MZG all under $10k / MZG. At this point, over 70% of MZG are gone. There are around 300m MZG left in circulation. This group feels satisfied. They are doing good, keep on robbing banks and buying MZG.

One day, a smart investor, investor A, freaks out, "WTF is this mysterious group, they keep buying MZG like crazy, soon or later people who sell under $30k will lose all their MZG, I'll wait until then and sell mine at $30k".

6 months later ...

Investor A: "No way, they bought half of my MZG already, OMG, quick, cancel the order, phew, I manage to keep half of my stack, I'll sell this for $50k, soon or later they will reach it"

6 months later ...

Investor A: "TF, they reach it again, cancel, cancel, I'll sell at $100k this time, if they reach it, I will let them buy and retire".

1 year later ...

The group manage to buy off another 300m MZG, including investor A's stack, there are now only around 200m MZG left in circulation, each selling at over $100k. Making $10m / day, the group can only acquire 100 MZG daily. That isn't good, so they organize more crimes across the globe and increase their income to $1b / day.

They keep on burning. The price of MZG also keeps increasing as sellers are running out of MZG. The group keeps finding ways to increase their income as the price of MZG rises. After 5 years, MZG is now selling at $1m / each. After another 10 years, MZG sells at $10b each, and there are only 100 MZG left in the market. Investors C, the biggest whale at the time, with a HUGE stack of 10 MZG, knows the goal of the group very well, so he sells off 9 of his MZG for $90b and keep 1 MZG left. He is then ranked the second richest man in the world at that time with a networth of over $90b.

After a decade, the group manages to buy off all MZG, but 1. The 1 MZG that investor C keeps for himself. The group becomes outragous, they place a buy order at $300b / MZG but investor C doesn't sell. They push it up to $500b / MZG, investor C doesn't sell. They push it over $1,000b / MZG. Investor C sells 0.1 MZG, and become the richest man in the world, still keeping 0.9 MZG. The group then understands that they won't be able to buy it with money.

------

With group members all around the world including even economic and military leaders. The group rises up in arms, attacks, kill the President and conquer the US. After that, they proceed to figuring out the identity of investor C. They offer him the United States of America along with all of their asset acquired from crimes worth over $900trillion in exchange for his 0.9 MZG. Investor C agrees and progress on to be the richest man in the world while ruling the richest country ever in history.

Finally ... the last bit of MZG is burn. The members of the group then turn back from organized criminals to doctors and engineers, live happily onward as they have reached their ultimate goal in life, burning all available MZG, reducing its supply to absolute 0.

Lesson learned: Want to be the richest man in the world and the president of the US? All you need is 1 MZG before the supply goes to 0.


If there is no Moozicore tokens left then how people can use token for vote?  And in this case the platform willl be owned by whom?  Since there will be no stakes /token holders to receive benefits or claim ownership.

This was symbolic that it is close to impossible, to hit 0 Tokens. 1 Token would cost that much, that you actually need the decimals wiht 0.0000xxxxx

Agree it really impossible but just what if, If his opinion will really going to happened in the future? But I guess the team will really going to make sure that it will not going to happen right?


Here the team will be reducing the supply of the token and this will make tokens value go up and people who keep on holding the same will get more return

Well that's really a good way to make their investors or holders to keep their tokens. The more they saw how the project works and moves it will help them a lot to boost their trust on it.

That's kind of strategies make another project succeed or gonna fall down. But I saw many projects that's making burning their tokens make their project succeed and it makes their token or coin price go up because of that strats.
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