[ANN] AMP - The Currency That Powers Your Attention On Synereo

[dzarmush]

Disconnect yourself from the axiom of Coinmarketcap and decide whether you see value in the project.

Ok, let's say you're right about potential.

But still, what's gonna happen if you are not able to gather $1.2M. What if there's only $0.2? It's possible and you say nothing about it which means the crowdsale isn't planned well or you're hiding something.

It's simple. If we don't raise enough funds - if the community doesn't care to support our project - then we will have failed.

So if you have 1/3 or 1/2 of the money ($1.2M) you're just going to send all money back and shut down the project?

[Elokane]

So if you have 1/3 or 1/2 of the money ($1.2M) you're just going to send all money back and shut down the project?

We can do with less than $1.2M. It just means we'll be able to hire fewer devs, invest less in the user experience, and create a lesser application before attempting to raise more funds at a higher valuation.

I appreciate your questions, dzarmush. I would not want anyone to participate in the funding of this project without having all of his questions satisfied.

[dzarmush]

So if you have 1/3 or 1/2 of the money ($1.2M) you're just going to send all money back and shut down the project?

We can do with less than $1.2M. It just means we'll be able to hire fewer devs, invest less in the user experience, and create a lesser application before attempting to raise more funds at a higher valuation.

I appreciate your questions, dzarmush. I would not want anyone to participate in the funding of this project without having all of his questions satisfied.

So what happen to the rest of the coins then? If you sell 6% instead of 18.5% what you're going to do with other 12.5%?

[Elokane]

So if you have 1/3 or 1/2 of the money ($1.2M) you're just going to send all money back and shut down the project?

We can do with less than $1.2M. It just means we'll be able to hire fewer devs, invest less in the user experience, and create a lesser application before attempting to raise more funds at a higher valuation.

I appreciate your questions, dzarmush. I would not want anyone to participate in the funding of this project without having all of his questions satisfied.

So what happen to the rest of the coins then? If you sell 6% instead of 18.5% what you're going to do with other 12.5%?

We will destroy them.

[chesthing]

Disconnect yourself from the axiom of Coinmarketcap and decide whether you see value in the project.

Ok, let's say you're right about potential.

But still, what's gonna happen if you are not able to gather $1.2M. What if there's only $0.2? It's possible and you say nothing about it which means the crowdsale isn't planned well or you're hiding something.

It's simple. If we don't raise enough funds - if the community doesn't care to support our decentralized, open-source project - then we will have failed, and there will be no Synereo.

Let me save the suspense, there is no way you are going to raise anywhere near $1m usd at this point in time. Maybe a year ago when there was lots of stupid money flying around.

[Momimaus]

You said you already receives 3.2 mill$ the last 4 years.

Who gave you the money and what are they receiving therefore?

[leithaus]

The total investment to date breaks down in terms of 2.2M in cash and 1M in in-kind contributions. The contributors (of both cash and in-kind contributions) wish to remain anonymous. They provided this because they believe that we are in a very dangerous situation: a global panopticon (the incumbent social networks funneling into Project PRISM) and a global wealth imbalance. They want to do something rather than just talk about it on Facebook. Amazingly, the success of a system that begins to redress the imbalance is what they are seeking. Therefore, they are not seeking to get anything out of Synereo, financially. To me this is very inspiring and causes me to work even harder.

[Momimaus]

The investment to date breaks down in terms of 2.2M in cash and 1M in in-kind contributions. The contributors wish to remain anonymous. They provided this because they believe that we are in a very dangerous situation: a global panopticon (the incumbent social networks funneling into Project PRISM) and a global wealth imbalance. They want to do something rather than just talk about it on Facebook. Amazingly, the success of a system that begins to redress the imbalance is what they are seeking. Therefore, they are not seeking to get anything out of Synereo, financially. To me this is very inspiring and causes me to work even harder.

Sounds really  nice.

And the 2.2m?
Will the get  apps?  Is it  venture  capital  or also a donation?

[deodecagone]

Anyone studied the white paper? Is it worth investing? What do you guys think?

Just read it. It doesn't mean anything.

It is automatically generated bullshit http://pdos.csail.mit.edu/scigen/

[leithaus]

Hey! Thanks for that feedback! i really mean it, too. We're doing our best to accommodate a wide audience. If the technical language doesn't connect with you, i'm happy to personally walk you through what it means. Come join us on a hangout (they happen Wednesdays at 21:00 GMT). In preparation, i can give you a brief summary.

The technical presentation of the network model breaks down into two portions. First, there's a detailed presentation of the model using what might be called a naive approach, modeling the network as a graph where the nodes are Synereo code + users, and edges are communication channels between the nodes. The naive model associates a certain model behaviors at the nodes. We acknowledge that this model is naive -- at least because the graph is changing as result of the behaviors of the nodes. People introduce other people to each other (creating edges), new people join (creating nodes), some people leave (deleting nodes). We present it that way, however, because the mathematical formalism that's more appropriate to modeling this kind of situation is less familiar to a lot of developers and other people who might want to understand how to build this.

In the second portion we give a brief intro to the mathematical formalism that is better suited to model these kinds of things, namely the π-calculus. This is a well established formalism, developed by a Turing award winner, Robin Milner. i have already built a very successful product using this formalism as the core computational engine. That product was MSFT's BizTalk Process Orchestration. It made MSFT a lot of money. It won most innovative product of the year in 2004, and sparked a whole industry of business process modeling lookalikes. Likewise, as the US Patent Office will show, there's a long history of people using this formalism for distributed computing in commercial products. i know because i hold a lot of those patents.

After we introduce the formalism, we show that the naive model can be translated into a variant of the π-calculus called the applied π-calculus. This is important because that allows us to address the shortcomings of the naive account with respect to the graph evolving as people engage each other in it. It's also important because we have software that turns π-calculus expressions into running code. That's right, the expressions in the paper map directly into distributed, decentralized programs. There are examples in the paper. i can also give you links to such code in github. You can stand up the nodes and run them for yourself. This happens because there's an embedded domain specific language, called SpecialK, that's written as a Scala library. That library is an implementation of a distributed version of the applied π-calculus. If you want to know more about SpecialK, you can read our blog entry as a starting point.(http://blog.synereo.com/2015/03/17/specialk-kvdb/)

Another reason for using this formalism is because there's a greatly superior notion of contracts built on top of the idea of behavioral types. We've written a lot about that too. You can read our blog entries about that (http://blog.synereo.com/2015/03/06/social-contracts-pt-ii/) or you can read my ACM paper about contracts and types (http://openstorage.gunadarma.ac.id/pub/books/Communication-ACM/Oktober-2003/p41-meredith.pdf), or you can go back the source and read Luis Caires' excellent paper about behavior types (http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.3.9964).

So, what we're saying is not quite gibberish. However, we do recognize that we could always improve our writing, and look forward to constructive criticism about how to improve it. We also recognize that we're writing to a diverse audience with a lot of different backgrounds. That's why there's chapter one, so that people without a background in formal languages or computer science can get the gist of what we're doing. Meanwhile people who do have the maths can read what we're doing and try out the ideas for themselves. Armed with the first part, anyone competent with Scala, or Clojure, or Haskell, or OCaml, or FSharp, or ... could implement a simulation. Armed with the second part, anyone competent with SpecialK/KVDB or JoCaml or a host of other libraries could implement the basics of Synereo on their own.

That's a brief summary of the "gibberish". The rest of the paper is pretty much bog standard. We lay out the business case in terms of the opportunity and the proposed solution. We talk a little bit about the user experience we envision. At the other end, after the technical presentation of the model, we compare the attention model to another model -- from biology -- that can be used to improve signal. We do this out of professional obligation. Just because we've come up with a model doesn't mean it's the only one or the best one. Identifying a potentially competitive model is just good common sense. Likewise we give people a view of our technical stack and its relationship to the existing technological ecosystem. For example, we discuss how we *don't* put everything in the blockchain. Instead, we connect a content delivery network built on top of SpecialK to the blockchain. This makes more architectural sense. It also scales better.

i really hope you'll come to the hangouts and we can talk about the parts you don't understand or would like clarification on. Who knows, maybe you can help us find better ways to express how Synereo works!

[Elokane]

^^ Ladies and gentlemen, Synereo's Chief Science Officer.

[chesthing]

I literally can't run far enough away from this bs.

[Elokane]

I literally can't run far enough away from this bs.

Yet this is your 5th post here, all full of negativity.

[chesthing]

I literally can't run far enough away from this bs.

Yet this is your 5th post here, all full of negativity.

That's because this offer is just that bad.

[stamen123]

I did read the white paper - it is so much better than Satoshi's white paper on bitcoin. So, if bitcoin made it, Synereo can make it too.

I will also invest - something I can afford to lose - not so much for personal gain as for promoting the idea. If not the team behind Synereo, someone else will sooner or later do it. The effort of those guys does bring the idea closer to completion, one way or another.

And I will invest in any serious attempt at destroying the current model.

[Momimaus]

I see a lot of newbies in this thread promoting. My alarm bells ring.
The same thing happend in Bitbay, and then they were Bobsureplus and other mother.....
And afterwards it was a scam.

We have here again an ICO without escrow or a releasplan of the funds. So it is possible the same thing can happen again.
The guys buy their own ICO to push it up, and sell their coins and keep the BTC.

So guys, maybe you think about another way of doing this fundraising. OR a way to proof you are legit.

[bb000]

The investment to date breaks down in terms of 2.2M in cash and 1M in in-kind contributions. The contributors wish to remain anonymous. They provided this because they believe that we are in a very dangerous situation: a global panopticon (the incumbent social networks funneling into Project PRISM) and a global wealth imbalance. They want to do something rather than just talk about it on Facebook. Amazingly, the success of a system that begins to redress the imbalance is what they are seeking. Therefore, they are not seeking to get anything out of Synereo, financially. To me this is very inspiring and causes me to work even harder.

What do you have to show for the 2.2m (USD?) - how was it spent? The 1.1m in kind contributions would cover 5 or 6 well paid senior devs for a year in most economies, so I presume it didn't pay for the prototypes and white paper revealed so far. How do you plan to spend the money raised in the crowdsale?

[m3110w]

I definitely will invest some play money. If I lose it, then its a small enough amount that I don't really care. At the risk of being pedantic, any good investment portfolio should have a small amount for high risk, high potential payoff. Another reason I want to invest is I want to see their system grow and flourish (hell, I may even use it). If it does flourish it will be something new and interesting. Anything new and interesting will always spark the next level of innovation. And I do luv that innovation thang. Makes this world a very interesting place to live right now.

If this Synereo thingy does work I bet it will become a platform for some cool ideas that we just can't imagine now.

Probably *lots* of people scoffed at the blockchain idea. And now look at the amazing amount of innovation and value that's being built on top of it.

[deedou]

anyway ,i dont trust any ico now,if you wanna give your money to them ,just do it , im  not ...lol

[Elokane]

anyway ,i dont trust any ico now,if you wanna give your money to them ,just do it , im  not ...lol

Those who've been burned by hot water will be wary of lukewarm water. And wary you should be, but not to the point of automatically disqualifying any offering.