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

[Bemerand]

I wonder how much the scAMP team is making money on our head with byteball ?

Is there evidence they linked their BTC wallet for BB?

Where is the full ledger for this coin?

Makes me slightly nervous when I hear the person running paid their sister to do the design? who bid for it before it was awarded to her? Where did I read that was around 100k or greater at ICO 2 price? I appreciate synerio was worth magnitudes less perhaps when she was paid out in synerio and that story may have been exagerated as negative press? what is the real story about that?

I have before seen this kind of thing. It could be innocent enough and she was awarded it as the best value for synerio if so that is fine.

All funds should be spent for maximum results and a full ledger for it all.

I can not see how these projects raise funds for development and then do not have to give a detailed breakdown of how those funds are being spent.

I have grabbed a little bit cheap now so Im hoping this can recover to a reasonable level.

I cant see them double dipping like that. Where is the proof because without any its just fud.

[1715192932]

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[1715192932]

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[1715192932]

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[ilog]

Hello,

Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that "The time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.

Sincerely,
iLog

[jvper]

Hello,

Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that "The time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.

Sincerely,
iLog

Baron Rothschild was famous for the Waterloo battle, where he had information beforehand. The news was good (Napoleon had lost). A victory by Napoleon would have devastated Britain's financial system, so Rothschild stationed himself in his usual place next to an ancient pillar in the stock market. Knowing he would be observed, Rothschild hung his head and began a huge sell of British Government Bonds and stocks. Believing this to mean that Napoleon must have won, everyone started to sell their British Bonds as well. The bottom fell out of the market. Rothschild had his agents buying up all the hugely devalued bonds and stocks. Therefore, the blood in the streets was a product of manipulation. This Synereo case is similar to a scam, where BTC was raised for the development of a project that is no longer the objective.

[jvper]

Spearheading into the next stage of the Synereo project, we are en route towards an additional fundraising campaign. The official sale will start September 19th, and run for 30 days, until October 18th.

This call will be the second round of Synereo’s multi-phase fundraising strategy, which was detailed during our original sale, in 2015. This strategy was designed to maximize investment impact and to protect investors and AMP holders from capital erosion. Best practices in the startup industry suggest to couple investment rounds to the achievement of development goals - this is why we’ve scheduled this fundraising campaign with the release of Synereo’s alpha social layer, and the major milestones achieved with the development of Synereo’s 2.0 tech stack.

Funds raised during this campaign will be used to significantly scale up Synereo’s operations, expand our team, and optimize the development effort of Synereo’s next-gen tech stack – on which a diverse ecosystem of decentralized applications will be deployed; developed by Synereo and by our associates around the globe.

..

All AMPs to be sold during this campaign are pre-existing AMPs, created in advance and held by Synereo for this purpose. No new AMPs will be created for this sale. As Synereo is committed to utter and complete transparency in all its dealings, all AMP transactions carried out by the company can be viewed here. Minimum participation amount is 0.01 BTC.

..

Development Timetable 2017-2018

Synereo’s alpha social layer is available for public testing. See instructions on how to set up your own node here.

Synereo’s RChain based tech stack will be up and running towards the end of 2017.

In the meantime, we are cooperating with a vast community of developers, entrepreneurs, and decentralization enthusiasts from around the world, supporting them with AMPs to create an ecosystem of decentralized applications on the Synereo platform. We are investing a considerable amount of time and resources in this communal effort and regard it as an essential part of our mission.

Each new dApp on the Synereo ecosystem means more functionality and more users in the decentralized economy, creating value for all participants; it takes an entire community to make this happen.  

..

Finances

All AMP transactions carried out by Synereo can always be tracked in the exhaustive Synereo Finances doc.
AMPs are bound in multi-sig wallets, with their use having to be authorized by an external trustee. Should any anomaly in their use surface, our diligent community will quickly be aware of it.

 
Each single AMP in Synereo’s possession has a purpose.
Each and every AMP going out is meant to contribute to the network effect of the Synereo ecosystem and benefit all participants in it.

 
Think of the unreleased coins as simply not having been mined yet.
Coins waiting for more people joining the network, for more nodes to be set up, for more functionality to be spun up on the Synereo platform. That these coins have already been issued does not mean they will come into play sooner than those of many other projects with large pools of outstanding coins that aren’t placed in immediate view, like AMPs are.

RChain, Special K, rholang, lots of valuable ideas they sold for 29k to 40k satoshi. This is nothing but a scam.

[fartbags]

I have been calling Dor a moron for the past year. Finally you guys realize this. I wanted Dor out so long ago. Finally I get my dream come true! Dor is out. All his AMPs are out. A new birth with RChain!

[Elokane]

No.

[bitmaster1x]

Seems like the AMP slide continues. The churning contnues...

[rakip21]

You're a cheater, you're selling ...   

[Sourgummies]

I have been calling Dor a moron for the past year. Finally you guys realize this. I wanted Dor out so long ago. Finally I get my dream come true! Dor is out. All his AMPs are out. A new birth with RChain!

Dor is not a moron. He's extremely talented and his only mistake was hiring that loser Greg. But now Greg is gone and Dor will continue to do good by us.

[MarkBM]

Too many blind believers on this thread. You guys are all going to be crying together for a very long time.

[damnMscollec]

I have been calling Dor a moron for the past year. Finally you guys realize this. I wanted Dor out so long ago. Finally I get my dream come true! Dor is out. All his AMPs are out. A new birth with RChain!

Dor is resigned too? He fired Greg, which shows Dor is an incompetent CEO, he can't handle the operation. Let AMP die, R.I.P.

[Bemerand]

I have been calling Dor a moron for the past year. Finally you guys realize this. I wanted Dor out so long ago. Finally I get my dream come true! Dor is out. All his AMPs are out. A new birth with RChain!

Dor is resigned too? He fired Greg, which shows Dor is an incompetent CEO, he can't handle the operation. Let AMP die, R.I.P.

Please no. Let's not let it die. I have too much money locked into it now.

[dranster]

AMP FUD losers will GET REKT SOON  


AMP IS GOING TO THE MOON, GET READY  

[Bemerand]

AMP FUD losers will GET REKT SOON  


AMP IS GOING TO THE MOON, GET READY  

Yes man! That's the spirit.

[MarkBM]

Take off the eye patches and see the real world. Amps is dead. All trust is lost and without trust you have nothing.

[Bemerand]

Take off the eye patches and see the real world. Amps is dead. All trust is lost and without trust you have nothing.

F U Turd.

[MarkBM]

Take off the eye patches and see the real world. Amps is dead. All trust is lost and without trust you have nothing.

F U Turd.

Your the one in turds man because you are acting like a horse wearing blinders who cant see anything. Everything is falling apart. There is no genius dev, there is fighting within the team and the community has fallen apart.
How can you not see this?

[Bemerand]

Take off the eye patches and see the real world. Amps is dead. All trust is lost and without trust you have nothing.

F U Turd.

Your the one in turds man because you are acting like a horse wearing blinders who cant see anything. Everything is falling apart. There is no genius dev, there is fighting within the team and the community has fallen apart.
How can you not see this?

Welcome to my ignore list fudster.

[MarkBM]

Take off the eye patches and see the real world. Amps is dead. All trust is lost and without trust you have nothing.

F U Turd.

Your the one in turds man because you are acting like a horse wearing blinders who cant see anything. Everything is falling apart. There is no genius dev, there is fighting within the team and the community has fallen apart.
How can you not see this?

Welcome to my ignore list fudster.

Whatever makes you sleep at night.

[xtyling]

There are 2 types of people believing in this project

1. Those that invested a lot (because they got nothing to hold onto, I would too but they might fall on earth soon because of such quality Team)
2. Those that think a proof of concept or paper based information is a feasible product

I can bet all money I have in crypto that even the Synereo Team doesn't believe in a finish product any time soon. They will just take the 4.7M for "fees" and big salaries till it is depleted, why don't they refund then ?

Don't ever invest in a crypto that have already mined all coins. Lesson learned!