Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo - page 353. (Read 879199 times)

10% amps or 10% equity of a company?

This project is crazy, most coins are hold by the team for further ico, it has no future.

Of course! Of course! Only developers can stamp AMP MORE.
And they love it! 

Everyone should understand that there are 1.68 Billion AMP (Billion with a "B") in existence and only 62 Million AMP are tradable on the market, that’s only 3.7% of available AMPs accessible to the market, the remaining are controlled by Synereo.

Seems like, whether intentional or not, the price is going to be controlled through artificial scarcity controlled by the Synereo group. The AMP price will go up and down according to Synereo's will, not the free market.

Of course! Of course! Only developers can stamp AMP MORE.
And they love it! 

Everyone should understand that there are 1.68 Billion AMP (Billion with a "B") in existence and only 62 Million AMP are tradable on the market, that’s only 3.7% of available AMPs accessible to the market, the remaining are controlled by Synereo.

Seems like, whether intentional or not, the price is going to be controlled through artificial scarcity controlled by the Synereo group. The AMP price will go up and down according to Synereo's will, not the free market.

You're forgetting that the mass majority of these coins are locked up by the devs, and it is my understanding that they won't be released for years and years.  Who knows how long it will take for the entire sum to be distributed, but my guess is it will be a very long time.  Right now, only ~62.5M out of 1680.4M have been released.  200M of these are the founders coins, and they are locked up in a mutual agreement, which prevents selling unless they all agree.  200M are allocated for new signups, and they will be meted out slowly.  No single individual is going to get a lump sum they can dump from a new signup, and I'm guessing that the signup campaign will last for years.  Same with the 150M allocated to content creators.  Same with the 230M allocated to bounties.  So what you really have here, when you take out those wallets, is another 850.4M AMPs which are allocated to an undisclosed number of future crowdsales.  To my knowledge there will be at least two more, the one in September and another in the future, but there could be more.  During the last crowdsale, 319.6M AMPs were destroyed, because they were unsold.  My guess is there will be more AMPs destroyed during the next two crowdsales.  So the potential is there for another 850.4M to be distributed via crowdsales, but imo, it's unlikely the full distribution will occur.

FUDders aren't having much effect on the AMP price.

You can't stamp the AMP!

Got to pick them, and draw them. That's going to take perhaps a week. The we all vote to pick the winners !

How long until we see the cartoons? Some of them were really quite funny!

How many coins will be released ? And whats the price per one AMP?

thanks for the info devs.  i have been trying to find any cracks in your coin/plans but it is tough (i'll admit lol)...and you seem to be on the right path for 1. tech 2. being legit and 3. constant updates and not worried about shitty fud on this crap site.  i can't speak for the bot action on yer coin asi know you dont control that and afterall polo is a fucking free-for-all with that kinda thing.

do you guys mind giving a couple of date posts here, ie. updates for each next step soon (the shorter term stuff like in the coming weeks to say 3 months).  like when is crowdsale launch day (live) and then the things to come after that.

thanks.

same here my question was not answered, let's try again:
are AMPS just the tokens of the social network (the social layer) or also the underlying coin of the Synereo blockchain as a whole?

It seems to me that this thread is only about the price and speculation and nothing more.

I' m interested more in technology and I would like to know what does synereo solves?!
What human problems can be solved with synereo?

Now you will tell it will decentralise social media but
I would like to know compared to other projects of that kind what it could do that others
are already not doing?!

Please refer to my previous question here:
https://bitcointalksearch.org/topic/m.16006015

No answer so far as everybody in this thread are busy with price!! :-(

Synereo team, please explain the current situation. Your investors and supporters deserve transparency.

Thank you

First, there are no wallets that the "devs" control.
All AMPs have a specified use, that a 3rd party monitors for compliance.  And of course, the whole spreadsheet is publicly viewable.

Which wallet of funds are you thinking about?  The founders hold only 5%.


Second, yes, only a small % of the AMPs have been sold, because only a small % of the project has been completed!

This is exactly what you would expect from an honest, and logical business plan.

Now that we have reached another milestone, the market is given a chance to adjust to the new valuation, which is clearly higher than it was before!

Just read the link they give, and the one we give.

Draw your own conclusions.

synereo.com

Attention economy incentives, smart contracts, scalable blockchain, concurrent global transactions, etc, etc.