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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 879141 times)
jvper
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September 18, 2016, 04:39:37 PM
 #2101

What happens if the total demand is over 45 millipn AMP? Apportionment? Or will the crowdfund end as soon as the 45 million is demanded?

Let's say the demand is 90 million.
Will it be 100% to the first ones and 0% to the last ones?
Or will everyone receive 50% of the demanded AMP and a refund of 50% of the btc sent?
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Synereo_zh
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September 18, 2016, 04:43:06 PM
 #2102

What happens if the total demand is over 45 millipn AMP? Apportionment? Or will the crowdfund end as soon as the 45 million is demanded?

Let's say the demand is 90 million.
Will it be 100% to the first ones and 0% to the last ones?
Or will everyone receive 50% of the demanded AMP and a refund of 50% of the btc sent?

The sale will stop at 45 Million AMP sold. If we get close we will make a formal announcement at the time.

Join our slack where the conversation is happening http://slack.synereo.com/
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September 18, 2016, 04:54:06 PM
 #2103

Announcing the move, Dor Konforty, Synereo CEO, explained that since Synereo’s platform will utilize a Proof-of-Stake Blockchain, “it would not make sense” for Synereo to control more than 50% of its Blockchain’s native currency (a Proof-of-Stake Blockchain can be manipulated by the majority holder of its native currency).

“This project will not help anyone if Synereo maintains an entrenched, centralized position. That is why we want to distribute AMPs as soon as we can, to begin establishing a truly decentralized economy… It was never our intention to be the central bank for our currency. Such centralization goes against the very principles Synereo stands for, but merely standing for principles is not enough,” he added.

this was an excellent article.

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September 18, 2016, 04:56:11 PM
 #2104

What happens if the total demand is over 45 millipn AMP? Apportionment? Or will the crowdfund end as soon as the 45 million is demanded?

Let's say the demand is 90 million.
Will it be 100% to the first ones and 0% to the last ones?
Or will everyone receive 50% of the demanded AMP and a refund of 50% of the btc sent?

The sale will stop at 45 Million AMP sold. If we get close we will make a formal announcement at the time.

Are you able to make a predication about the final amount of "initial coins" that will exist?

(The amount of coins distributed via the Synereo team, ignoring any coins generated via staking)
Synereo_zh
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September 18, 2016, 05:13:16 PM
Last edit: September 18, 2016, 05:36:48 PM by Synereo_zh
 #2105

What happens if the total demand is over 45 millipn AMP? Apportionment? Or will the crowdfund end as soon as the 45 million is demanded?

Let's say the demand is 90 million.
Will it be 100% to the first ones and 0% to the last ones?
Or will everyone receive 50% of the demanded AMP and a refund of 50% of the btc sent?

The sale will stop at 45 Million AMP sold. If we get close we will make a formal announcement at the time.

Are you able to make a predication about the final amount of "initial coins" that will exist?

(The amount of coins distributed via the Synereo team, ignoring any coins generated via staking)

I am unable to predict the final amount. There is most likely additional burns of AMPs before the official move to RChain.

Join our slack where the conversation is happening http://slack.synereo.com/
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September 18, 2016, 06:13:27 PM
 #2106

For clarity reasons the AMP sale officially starts Monday September 19th 8PM PST (California) This is September 20th in other timezones.

September 19th 8:00 PM PST  (20:00)
September 19th 11:00 PM EST (23:00)
September 20th 11:00 AM China
September 20th 3:00 AM GMT

To see the official time https://www.synereo.com/

The official sale will take place at 3 locations.

https://bnktothefuture.com/ Where qualifying investors can invest in Synereo LTD and anyone can buy AMP with bank transfers, credit cards, bitcoin, and altcoins.

https://synereo.com/sale where you can buy AMP anonymously with bitcoin. You only need a bitcoin wallet where you control the keys. We would recommend OMNI as this is an OMNI asset. https://www.omniwallet.org/

https://yunbi.com/ who is hosting our AMP sale for the Chinese community.

Also join our slack where the conversation is happening http://slack.synereo.com/

If you would like to join the pre-sale now please contact us https://blog.synereo.com/purchase-amps/

OK thanks. I was thinking it was starting in a few hours.
Blazin8888
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September 18, 2016, 06:23:55 PM
 #2107

What happens if the total demand is over 45 millipn AMP? Apportionment? Or will the crowdfund end as soon as the 45 million is demanded?

Let's say the demand is 90 million.
Will it be 100% to the first ones and 0% to the last ones?
Or will everyone receive 50% of the demanded AMP and a refund of 50% of the btc sent?

The sale will stop at 45 Million AMP sold. If we get close we will make a formal announcement at the time.

Are you able to make a predication about the final amount of "initial coins" that will exist?

(The amount of coins distributed via the Synereo team, ignoring any coins generated via staking)

is this sale from the current available supply of AMP? or is it coming from the dev wallets with the rest of the billion coins?

So what this means is the current available supply could potentially have an additional 45 MILL AMP added to it after this sale?

How many more sales will you be doing?
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September 18, 2016, 06:25:25 PM
 #2108

would love to see AMP added to 1ex.

dev please sign up and apply, thanks.

https://1ex.trade/index.php

$ADK ~ watch & learn...
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September 18, 2016, 07:14:26 PM
 #2109

Great news on burning those extra AMPS!

MinerParts - 8 GPU Riserless motherboard with Intel 3855 CPU - 1600w fully modular power supply
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September 18, 2016, 07:44:27 PM
 #2110

Great news on burning those extra AMPS!

Agree 100%
https://www.youtube.com/watch?v=JynOkQD6A-A&feature=youtu.be

I like the simple explainer videos. Nice work. The blog is producing some nice clean content as well. More understandable now.
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September 18, 2016, 08:06:59 PM
 #2111

Love this!

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September 18, 2016, 09:03:18 PM
 #2112

I am hearing ETH is under attack. Perhaps a 51%. Good time to be an AMP hodlr.

https://bitcointalk.org/index.php?topic=1620716.0


Ethertrader1
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September 18, 2016, 09:21:10 PM
 #2113

For clarity reasons the AMP sale officially starts Monday September 19th 8PM PST (California) This is September 20th in other timezones.

September 19th 8:00 PM PST  (20:00)
September 19th 11:00 PM EST (23:00)
September 20th 11:00 AM China
September 20th 3:00 AM GMT

To see the official time https://www.synereo.com/

The official sale will take place at 3 locations.

https://bnktothefuture.com/ Where qualifying investors can invest in Synereo LTD and anyone can buy AMP with bank transfers, credit cards, bitcoin, and altcoins.

https://synereo.com/sale where you can buy AMP anonymously with bitcoin. You only need a bitcoin wallet where you control the keys. We would recommend OMNI as this is an OMNI asset. https://www.omniwallet.org/

https://yunbi.com/ who is hosting our AMP sale for the Chinese community.

Also join our slack where the conversation is happening http://slack.synereo.com/

If you would like to join the pre-sale now please contact us https://blog.synereo.com/purchase-amps/

OK I was all ready to buy my AMPs tomorrow. Guess I will be Tuesday here.
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September 18, 2016, 10:13:50 PM
 #2114

where can we see the AMPS richlist?

jvper
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September 19, 2016, 02:59:22 AM
 #2115

The best thing to do at the moment is sell amp at poloniex and buy in the crowdsale. The price in poloniex is 31k at the moment, but it is possible to buy for 30k (considering the bonus and the 1 million amps distribution for buyers) or even less if one buys a huge amount. Free money...
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September 19, 2016, 03:01:11 AM
 #2116

ICO starts right now. Good luck!
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September 19, 2016, 03:04:52 AM
 #2117

time is bay some AMP and holding Smiley
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September 19, 2016, 04:54:36 AM
 #2118

When crowdfunding start amp will reach 100k, when it over, 150k+

Explain how price can reach 100k during crowdsale when the price is at 33k ?

It's possible.  They had raised over $1M USD a few days ago, and the crowdsale hasn't started yet.  They're only aiming to raise around $8M USD.  My guess is that they'll hit that amount way before the thirty days is over.  That being said, if demand is high enough, it could hit 100k or more before the thirty days is up.

"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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September 19, 2016, 06:57:07 AM
 #2119

When crowdfunding start amp will reach 100k, when it over, 150k+

Explain how price can reach 100k during crowdsale when the price is at 33k ?

It's possible.  They had raised over $1M USD a few days ago, and the crowdsale hasn't started yet.  They're only aiming to raise around $8M USD.  My guess is that they'll hit that amount way before the thirty days is over.  That being said, if demand is high enough, it could hit 100k or more before the thirty days is up.

$8M is never an easy task, but I think possible considering they are over $1 Million before it starts. I think if the price was a little lower it would easily smash this. I like the idea of a second funding round like this. Too many ICO's turn out to be nothing.
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September 19, 2016, 07:03:10 AM
 #2120

Founder Reward Wallet: 100,000,000 out of 200,000,000
Future Funding Wallet: 396,901,858 out of remaining 793,803,716 AMPs*
User Reward Wallet: 100,000,000 out of 200,000,000 AMPs
Content Creator Wallet: 75,000,000 out of 150,000,000 AMPs
Bounty Wallet: 55,000,000 out of remaining 220000000 AMPs**
Intermediary Bounty Wallet: 4207079.25 AMPs***

A  I correct in saying that 841,108,937.25 AMPS remain in existence today? (In circulation and not in circulation), is my calculation correct?
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