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

[DecentralizeEconomics]

Not yet. this project is far from the beginning to set up its real community,I think.  

Do you mean the user community of the social app, when it's up?

Or something else?

Yes , I mean the first one. and we also need accumulate more attetion on BTT site from now on before the apps up.

48 pages is something 0ne-day vol of other hotter projects.

But in another perspective, personally I consider this kind of situation as a good sign for early investors because of the great potential.

It's always like this with the good ones.

[1713523438]

1713523438

[fartbags]

This project is so slow but price is still so high. Why is this? This is because this is a 100% premined coin created by a company called Synereo LTD. Synereo LTD chooses what price they sell the coins at. Only 0.05% of total coins are being actively traded. This makes it impossible to market buy a large number of coins at this moment.

This is an extremely hard coin to obtain and get involved with. The CEO Dor Konforty favors his own friends, family and country men. If you do not fit in that category then you can not buy coins other than the small amount on the market. His sister was paid over 1 million $AMP for some graphic design, his inexperienced friend was hired as the lead PR manager and his fellow country man was selected as the first big whale investor.

They are very abuse to community members who want to help out. They deny most community efforts and for the people they accept they force members to do tons of paper work describing how they want to help. You must then do the work to their satisfaction before receiving the tiny bit of compensation.

The only good thing about this project is the CTO Greg Meredith. Unfortunately Greg is the CTO of a dozen other projects and his contract with this project finishes in about 1 year.




This project has paid for many connections in the blockchain industry to help them promote a different message to the public. Don't get fooled. All the bitcointalk accounts talking positively on this thread are from Synereo LTD employees who get paid $300 a month.

[fartbags]

I still cannot understand what is total number of AMP´s in circulation???

1.8 billion $AMP are in circulation. At any time Synereo LTD can sell those to people, get hacked or give them to users once the app is created. Right now there is about 0.05% of all $AMP actively traded. This is not really a small time players coin. It is 100% premined coin allowing big investors to play around with it. Unfortunately this doesn't leave much ability for the small people to come up.

[DecentralizeEconomics]

This project is so slow but price is still so high. Why is this? This is because this is a 100% premined coin created by a company called Synereo LTD. Synereo LTD chooses what price they sell the coins at. Only 0.05% of total coins are being actively traded. This makes it impossible to market buy a large number of coins at this moment.

I don't think this project is moving at a "slow" pace at all.  The price is high, because nobody is selling.  With the potential this project has, you'd have to be crazy to sell or desperately need the money.  This is a PoS coin, just like NXT was, and there has to be an initial distribution mechanism.  The coin, AMPs, and the distributed social network is one-hundred percent open-source.  Synereo LTD is only going to utilize this open-source network; they aren't going to monetize it.  It's only "impossible to market buy a large number of coins", because you lack the capital necessary to do so.  You've been trying to drive the price down for over a year now.  I remember when you were trying to purchase AMPs for 100 sats a piece, and I out bid you at 101 sats a piece.  Nobody took either of our bids, because they were both ridiculous.  The only reason I made my 101 sat bid was to prove that point.  Sorry, you can't afford "a large number" (whatever that is) of coins.  If you want in, purchase what you can like the rest of us and be quiet.  Stop attempting to manipulate the price to take advantage of the fearful.

This is an extremely hard coin to obtain and get involved with. The CEO Dor Konforty favors his own friends, family and country men. If you do not fit in that category then you can not buy coins other than the small amount on the market. His sister was paid over 1 million $AMP for some graphic design, his inexperienced friend was hired as the lead PR manager and his fellow country man was selected as the first big whale investor.

They are very abuse to community members who want to help out. They deny most community efforts and for the people they accept they force members to do tons of paper work describing how they want to help. You must then do the work to their satisfaction before receiving the tiny bit of compensation.

It's "an extremely hard coin to get involved with"?  Really?  All you have to do is join the Slack channel or one of the many community hangouts.  I've watched all the videos on their Youtube channel, and I've never seen them be "abusive" to anyone.  Actually, it is quite the contrary.  They allow a plethora of individuals to earn AMPs by doing work for the community and are very open to many different ideas and proposals.  Of course, they require people to fill out forms and describe how they want to help.  What do you think this is?  If they weren't doing their due diligence in funding community proposals, it would be a reason to be concerned.

The only good thing about this project is the CTO Greg Meredith. Unfortunately Greg is the CTO of a dozen other projects and his contract with this project finishes in about 1 year.

Greg's received 50 million AMPs and seems very committed to creating a decentralized, open-source social network.  He's not going anywhere.

This project has paid for many connections in the blockchain industry to help them promote a different message to the public. Don't get fooled. All the bitcointalk accounts talking positively on this thread are from Synereo LTD employees who get paid $300 a month.

You'll say anything to buy into this project won't you?  Nobody has paid me one red cent to talk about Synereo.  You're a liar and a greedy one at that.

[overthetop2011]

This project has paid for many connections in the blockchain industry to help them promote a different message to the public. Don't get fooled. All the bitcointalk accounts talking positively on this thread are from Synereo LTD employees who get paid $300 a month.

You'll say anything to buy into this project won't you?  Nobody has paid me one red cent to talk about Synereo.  You're a liar and a greedy one at that.

 Nobody pays me.

 Someone is playing and showing around to buy-in cheaper.

[SynereoCommunity]

We're LIVE - come and join us ( https://zoom.us/j/2522161381 ) in the weekly hangout!




 or watch on https://www.youtube.com/watch?v=iooRoqJCPYI

[fartbags]

This project has paid for many connections in the blockchain industry to help them promote a different message to the public. Don't get fooled. All the bitcointalk accounts talking positively on this thread are from Synereo LTD employees who get paid $300 a month.

You'll say anything to buy into this project won't you?  Nobody has paid me one red cent to talk about Synereo.  You're a liar and a greedy one at that.

 Nobody pays me.

 Someone is playing and showing around to buy-in cheaper.

Ok. Maybe not everyone here is paid by Synereo. However, they do have a team of trolls who they refer as "community leaders" or "ambassadors". These people get paid $300 a month to promote Synereo online.

[fartbags]

Synereo LTD has asked community members to take videos of themselves giving testimonials. We will see how many they get that aren't from paid community members or paid actors.

[SynereoCommunity]

Fartbags, your recent comments are still not getting to the "factual" level.

No one has started in the Ambassador bounty, and 'community leaders' also has not officially started - no one is getting paid for that role.  There has been talk of this, but it's still on the drawing board.

There's only one person getting some AMPs here for posting, and that's me.  And it is by no means, enough to make me change my opinion or intentionally misrepresent things to the public.

You've set up a convenient situation where you get to complain no matter what happens.

Why do you always show up just before more AMPs will be entering the market, talking Synereo down in any way you can invent?  When you openly disregard the truth, no one is going to listen to you.

[Haunebu81]

Synereo LTD has asked community members to take videos of themselves giving testimonials. We will see how many they get that aren't from paid community members or paid actors.

Such shameful behavior from a "Legendary" member...

[SynereoCommunity]

Please take a few seconds to tell us what you think!

Click through and make your selections here > https://goo.gl/80J1bU

- and thanks for supporting Synereo!

[kame]

Please take a few seconds to tell us what you think!

Click through and make your selections here > https://goo.gl/80J1bU

- and thanks for supporting Synereo!

done. Go Synereo!!

[overthetop2011]

http://blog.synereo.com/2016/06/16/grabbing-attention-in-silicon-valley/

Good news and info from the blog

[Simss]

This project has paid for many connections in the blockchain industry to help them promote a different message to the public. Don't get fooled. All the bitcointalk accounts talking positively on this thread are from Synereo LTD employees who get paid $300 a month.

You'll say anything to buy into this project won't you?  Nobody has paid me one red cent to talk about Synereo.  You're a liar and a greedy one at that.

 Nobody pays me.

 Someone is playing and showing around to buy-in cheaper.

Ok. Maybe not everyone here is paid by Synereo. However, they do have a team of trolls who they refer as "community leaders" or "ambassadors". These people get paid $300 a month to promote Synereo online.

before you speak you should first think about what the purpose of it all , AMP does not like what you think

[kennyP]

http://blog.synereo.com/2016/06/16/grabbing-attention-in-silicon-valley/

Good news and info from the blog

What we’re up to:

Knee deep in code, very close to ALPHA. We now have 8 developers, 6 working full-time.

The Bay team is nailing our product design and communication strategy in Silicon Valley’s invite only NFX accelerator.

Simple Synereo Node installation is available.

We’re building our own, AMP-based scalable blockchain. Synereo’s newProof-of-Stake Blockchain is already specified.

Synereo’s community is making sure its culture is as decentralized as the platform it will support. Our slack channel is far from slack.

We’ve secured over $500,000 in recent months. NFX, iAngels and other leading investors are now backing us financially.

What is the purpose of the PoS blockchain? Will those tokens be used on the social networking site?

[ju8589365shoufuan@163.com]

looks cool, I want join in.

[Ethertrader1]

How come we do not hear much about Synereo? Looks like a cool project, but very little noise out of their camp.

[Ethertrader1]

I just saw this pop up on my timeline.

http://fintechist.com/dao-loses-ethereum-funds-smart-contract-vulnerability/

Can someone from Synereo explain more in detail how they are a better DAO than the DAO. Well The DAO is screwed but still some explaination from the team would be awesome.

[SynereoCommunity]

What is the purpose of the PoS blockchain? Will those tokens be used on the social networking site?

PoS is an improvement, by alternate composition/methods, on the (bitcoin) PoW blockchain technology.  For Synereo, it's a stepping stone on the way to a sophisticated "smart blockchain" that will scale with growth, and allow a new type of rich semantic organizing, and more.

Yes, these token will be used on the Synereo Social DApp, and many other DApps, smart contracts, distributed databases, etc.

[SynereoCommunity]

How come we do not hear much about Synereo? Looks like a cool project, but very little noise out of their camp.

What noise should we be making?  (and where?)

If the same signal is repeated over and over, it becomes spam for those already in the community.

In general, this is a decentralized movement, which is fueled by grass-roots, and bottom-up sustainable growth.

We are near to introducing an Alpha release, which will lead to improvements, and then a Beta.  Consider that the Beta is still not the "whole enchilada".  So in this sense, we do not want to create unrealistic expectations, and "hype" for hype's sake.

We will try to make appropriate levels of noise when we have actual things to report!

Also, we're working quite transparently, with weekly live, public hangouts giving all the latest info.  This removes some of the traditional spikes of interest, and has been producing consistent growth in attention being paid to us.