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

[SynereoCommunity]

why to release more AMPS? there are already 184,800,000 AMP  in circulation.  This will reduce the value of AMP of the people who currently hold AMPS, I dont understand, this will damage the value of AMPS and give more money to the devs?  is not enough 184 millioms AMPS?

Steem has  only 88 millions Steem and look how good they are doing, please explain

The business plan calls for investment crowdfunding approximately every 1 to 1.5 years, until the final product release.  There are a set amount of AMPs set aside just for this.

Part of the reasoning behind this, is that small tech start-ups that get many millions of dollars thrown at them too soon actually have a harder time making it than a more sustainable, long term approach.  We know we have to work over a period of time, growing the whole way.  This makes early spending decisions more responsible, less wasteful, and result in better flexibility.

Only a small fraction of the total AMPs are in circulation now, and these tokens will not gain their full value until they are being used on the network.  Many more AMPs will need to enter the Attention Economy of Synereo. 

There is no "damage" to the value in AMPs - see the growth chart in an earlier post.

No comparison to Steem - that is a very different project from Synereo.

[dranster]

every 1 to 1.5 years?
So do you mean this project might take like 10 years before the final release?

[Transpotime21Bus]

why to release more AMPS? there are already 184,800,000 AMP  in circulation.  This will reduce the value of AMP of the people who currently hold AMPS, I dont understand, this will damage the value of AMPS and give more money to the devs?  is not enough 184 millioms AMPS?

Steem has  only 88 millions Steem and look how good they are doing, please explain

The business plan calls for investment crowdfunding approximately every 1 to 1.5 years, until the final product release.  There are a set amount of AMPs set aside just for this.

Part of the reasoning behind this, is that small tech start-ups that get many millions of dollars thrown at them too soon actually have a harder time making it than a more sustainable, long term approach.  We know we have to work over a period of time, growing the whole way.  This makes early spending decisions more responsible, less wasteful, and result in better flexibility.

Only a small fraction of the total AMPs are in circulation now, and these tokens will not gain their full value until they are being used on the network.  Many more AMPs will need to enter the Attention Economy of Synereo. 

There is no "damage" to the value in AMPs - see the growth chart in an earlier post.

No comparison to Steem - that is a very different project from Synereo.

Steem are blogs...what will be Synereo?

[SynereoCommunity]

when will this platform go live to the open market?

We're planning to go live in early September.

http://blog.synereo.com/2016/07/14/synereo-weekly-update-july-10th/

[SynereoCommunity]

every 1 to 1.5 years?
So do you mean this project might take like 10 years before the final release?

No.  There was one a year & a half ago, there's one next month, and one more in about a year & a half when the Final version is released.

[Porte]

now there is double coins than steem 184,800,000 AMP * you said you are going to put more on circulation so you get more money, you dont have enough from the first ICO? If every ICO do the same we will all end up with no money to eat. Please you did one ICO if you dont have more money its not our fault, now you want to increase the suppy to make more money, I think this is not right

[DecentralizeEconomics]

Steem are blogs...what will be Synereo?

"Steem" is a centralized scam perpetrated by the chronic lying, cheating father and son team known as Stan and Dan Larimer with assistance from their Chinese Communist backers who have ZERO interest in free speech.

Synereo is a decentralized technology stack which will host a multitude of applications one of them being an open-source social network platform which will enable people to free themselves from the corporate social media giants (aka Facebook, Twitter, etc).  The entire model is based on the attention economy which utilizes AMPs.

There is no comparison between these two projects.  The former will rob you blind and leave you shackled.  The latter will liberate you and ensure your free speech rights.

now there is double coins than steem 184,800,000 AMP * you said you are going to put more on circulation so you get more money, you dont have enough from the first ICO? If every ICO do the same we will all end up with no money to eat. Please you did one ICO if you dont have more money its not our fault, now you want to increase the suppy to make more money, I think this is not right

There aren't 184.8 million AMPs in circulation.  Coinmarketcap is wrong.  A lot of those AMPs were burned after the first crowdsale.  I believe the current amount is around 45 million or so.  Nobody knows how many AMPs are going to be sold this round.  It all depends on the market price at the time of the sale.  Imo, the potential of Synereo is huge.  You have to consider the fact that right now there is no network or users.  After the network is launched in Sept and users start to congregate, there will actually be a market demand / use for AMPs.  For the network to flourish and get adoption there has to be an additional disbursement of AMPs to new users, because there are a significant amount of AMPs out of the original crowdsale which are not being moved from their original addresses (aka They are not for sale).  Who knows when and if these people will sell them.  It depends on every holders opinion of the potential for this technology.  There is around a total of 1.8 billion or so AMPs.  The burn off of AMPs during the original crowdsale was a reduction in supply.  The mass majority of the other AMPs are locked up for future funding rounds (not necessarily crowdsales).  There has never been a dilution of AMPs.  Imo, these funding rounds will only accelerate the value of AMPs.

[Elokane]

every 1 to 1.5 years?
So do you mean this project might take like 10 years before the final release?

When is the final version of Facebook being released?

[SynereoCommunity]

now there is double coins than steem 184,800,000 AMP * you said you are going to put more on circulation so you get more money, you dont have enough from the first ICO? If every ICO do the same we will all end up with no money to eat. Please you did one ICO if you dont have more money its not our fault, now you want to increase the suppy to make more money, I think this is not right

There are no AMPs being created for fundraising.

The future funding wallets are to be paid out in increments.  We are right on schedule.

AMP value is not harmed by this at all; they grow in value with use.

[dimonarka]

Price seem to be falling a lot? Is this because more amp will be added in the market come September, will the price of the second crowd funding be based on market price or will it be cheaper.

Price will be based on market price and increase throughout the sale.
There will be bonuses for larger purchases.

If you're interested in purchasing now in anticipation of the sale, mail me at dor@synereo.com.

Are you serious? After this message coin price may fall to ...

[bitbitch]

Steem are blogs...what will be Synereo?

"Steem" is a centralized scam perpetrated by the chronic lying, cheating father and son team known as Stan and Dan Larimer with assistance from their Chinese Communist backers who have ZERO interest in free speech.

Synereo is a decentralized technology stack which will host a multitude of applications one of them being an open-source social network platform which will enable people to free themselves from the corporate social media giants (aka Facebook, Twitter, etc).  The entire model is based on the attention economy which utilizes AMPs.

There is no comparison between these two projects.  The former will rob you blind and leave you shackled.  The latter will liberate you and ensure your free speech rights.

now there is double coins than steem 184,800,000 AMP * you said you are going to put more on circulation so you get more money, you dont have enough from the first ICO? If every ICO do the same we will all end up with no money to eat. Please you did one ICO if you dont have more money its not our fault, now you want to increase the suppy to make more money, I think this is not right

There aren't 184.8 million AMPs in circulation.  Coinmarketcap is wrong.  A lot of those AMPs were burned after the first crowdsale.  I believe the current amount is around 45 million or so.  Nobody knows how many AMPs are going to be sold this round.  It all depends on the market price at the time of the sale.  Imo, the potential of Synereo is huge.  You have to consider the fact that right now there is no network or users.  After the network is launched in Sept and users start to congregate, there will actually be a market demand / use for AMPs.  For the network to flourish and get adoption there has to be an additional disbursement of AMPs to new users, because there are a significant amount of AMPs out of the original crowdsale which are not being moved from their original addresses (aka They are not for sale).  Who knows when and if these people will sell them.  It depends on every holders opinion of the potential for this technology.  There is around a total of 1.8 billion or so AMPs.  The burn off of AMPs during the original crowdsale was a reduction in supply.  The mass majority of the other AMPs are locked up for future funding rounds (not necessarily crowdsales).  There has never been a dilution of AMPs.  Imo, these funding rounds will only accelerate the value of AMPs.

https://www.worldcoinindex.com/

world coin index is not quoting the number of amps in circulation or a market cap. is there something unusual about Synereo that makes calculating the total number of coins in circulation difficult?

"After the network is launched in Sept and users start to congregate, there will actually be a market demand / use for AMPs." what actual user activity are we going to see come September? will users be creating content in the wild?

thanks.

[bitbitch]

why to release more AMPS? there are already 184,800,000 AMP  in circulation.  This will reduce the value of AMP of the people who currently hold AMPS, I dont understand, this will damage the value of AMPS and give more money to the devs?  is not enough 184 millioms AMPS?

Steem has  only 88 millions Steem and look how good they are doing, please explain

The business plan calls for investment crowdfunding approximately every 1 to 1.5 years, until the final product release.  There are a set amount of AMPs set aside just for this.

Part of the reasoning behind this, is that small tech start-ups that get many millions of dollars thrown at them too soon actually have a harder time making it than a more sustainable, long term approach.  We know we have to work over a period of time, growing the whole way.  This makes early spending decisions more responsible, less wasteful, and result in better flexibility.

Only a small fraction of the total AMPs are in circulation now, and these tokens will not gain their full value until they are being used on the network.  Many more AMPs will need to enter the Attention Economy of Synereo.  

There is no "damage" to the value in AMPs - see the growth chart in an earlier post.

No comparison to Steem - that is a very different project from Synereo.

when will amps first be usable on the network, and to enable what sort of things on the network?

thanks.

[kjadB]

If STEEM is MySpace, does that mean Synereo is ....

[Haunebu81]

If STEEM is MySpace, does that mean Synereo is ....

Friendster?

[SynereoCommunity]

when will this platform go live to the open market?

We're planning to go live in early September.

http://blog.synereo.com/2016/07/14/synereo-weekly-update-july-10th/

Will this version offer incentives for user generated content and activities like Steem?  If not, how will Synereo attract users outside of the digital currency community?  Are there any plans to market Synereo and/or this launch?  Subsequent launches?

Yes, there will be incentives, and bounties for many things!  However, they are quite different in nature to centralized systems, which have a very difficult time making a fair system, that can't be gamed easily, or taken advantage of by a small % of members.

A decentralized & distributed attention economy gives the power to the people at the end points.  The main incentive is just to use the network in a normal, responsible manner.  Your attention is owned by you, not by the "free" network you connect with.

These advantages will attract users from many different walks of life.  Privacy, decentralized governance, musicians, authors, films, citizen journalism, blogging, dApp creators, entrepreneurs, etc.

The marketing to these different audiences is an ongoing process, and is growing like everything else in Synereo!

[SynereoCommunity]

Join our Weekly Update Hangout LIVE now!



Use this link: https://zoom.us/j/2522161381 to participate.

Watch on https://www.youtube.com/watch?v=aTEjj3vgNKU

[Piston Honda]

k got in on this, let's see where this party goes over the next few months (or more)  

seems you guys do have more going on behind the scenes than first though....please continue to be transparent and show us all the good stuff to come (keep that price going up too lol)


cheers.

[statdude]

is there a slack?

[SynereoCommunity]

is there a slack?

Yes!  Come on in!
slack.synereo.com


 

[Joerii]

AMP uptrend is still intact.

  ( sorry for the ugly chart, to busy to make something nice looking )


Note that not even are we still in an uptrend that more then 5 weeks ago, it looks like we keep making higher lows, not even touching the bottom ascending channel. That comes with more volatility. I expect a jump up to .00026 in the next few days, followed again by a drop to around .00020. This will keep happening until something changes drastically, because trends tend to just keep going.

Of course there's a strong inverse relation with BTC. BTC makes a little rally, we dip. BTC dips a bit, and we shoot up to .00026

Let's see if my little forecast comes true. I've been making trades like this for a while and so far they have paid off very well.