Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo - page 357. (Read 879222 times)

and who said it will be cheaper?...

Sorry for mistake, ofc should be "M" not "K". But whats the diferent if now there is only 60M buyable tokens. Where is rest? Waiting for next ICO's? If yes its still not so bad.

You can buy AMP directly from Synereo. https://blog.synereo.com/purchase-amps/
You can email [email protected] and he will provide details.

Sure but not for people that are buying now at all time high prices I mean if there is possibility that AMP will be sold at lower price that in this moment at exchange, you should wait. I personally have account on Banktothefuture and invested there in factom already.

Synereo Announces Alpha Phase As World’s First Decentralized Social Network


Synereo, a Tel-Aviv based company developing a blockchain-based, decentralized social network and a platform allowing web applications to exist without centralized servers, will move into alpha phase this September.

Synereo image

The open source social network has been two years in the making and aspires to be the first fully decentralized network based on principles of what it calls the “attention economy.”

Synereo’s alpha is built on top of the company’s unique distributed “tech stack,” which utilizes blockchain technology to enable a peer-to-peer Internet. A software stack is a set of software components or subsystems to create a complete platform that does not require additional software to support applications.

Revolutionizing Social Media

The blockchain-based social network revolutionizes the concept of social media by placing control over content, personal information and monetization in its users’ hands.

Unlike incumbent social media providers like Facebook and Twitter, Synereo’s social network cannot record or store personal information, and does not sell it to third parties. The network also claims it will not target users with marketing messages.

All network transactions and relations are encrypted on a distributed ledger and accessible to permitted parties.

The ‘Attention Economy’

The Synereo network compensates users for contributions of storage and computation power when they support the distributed network with their personal devices. Additionally, the social network adheres to principles of the “attention economy,” providing users with monetary rewards for creating and curating content that people pay attention to.

Synereo’s alpha will include the following features:

● Text posting with featured images: Test users will be able to post simple text posts and images.
● Content labels (#hashtags): Posts will be taggable and searchable via hashtags.
● Decentralized search capability: Content, users and other items will be searchable on the network.

Users will be able to promote content by charging their posts with the test network’s native currency, AMPs. Accordingly, users will be compensated with AMPs when viewing amplified content. AMPs are currently traded on the Bittrex and Poloniex exchanges.

A Decentralized ‘Tech Stack’

Synereo is the top layer of a complete decentralized “tech” stack – the Synereo platform – that its partners are using to create fully decentralized applications (dApps). The Synereo team plans to create and support more “dApps,” as well as partner with other teams, to bring the best applications of the old web into a new, decentralized paradigm.

CEO Dor Konforty refers to the Synereo platform as “Android for the decentralized web.” “When wanting to develop an app for mobile devices, most people choose Android. We aim to be the same for dApps,” Konforty told CCN.

Development Revenue

Synereo plans to assess fees of less than 1% from certain transactions on the social platform and on apps on the network to maintain and further develop the platform and network. The platform will not take profit from social interactions on the social platform. “We believe basic human communication should be as free and unrestricted as possible online,” Konforty said.

Synereo will offer the following features in its new version:
• Deployment of decentralized nodes on local machines
• Creation of private connections among users
• Text posting with featured image hosted on the decentralized cloud
• Content labels (#hashtags)
• Decentralized search capability by user and label
• Content amplification with test-net AMPs
• 3-tier content viewing: browse, expand, and full view
• AMP rewards for completing certain actions on the application, as well as reporting usage statistics relating to the attention economy

Two Years In Development

The original plan was to build the social network on an existing blockchain, Konforty noted. However, in researching the options for a blockchain that would meet the requirements needed, it became apparent that no such platform was available.

CTO Greg Meredith, an ex senior-level architect at Microsoft, decided that Synereo needed to build its own blockchain based on the mathematical approach that he has cultivated.

Second Crowdsale Planned

Synereo raised $126,023 from its first crowdsale, which CCN reported last July, selling 22,719,689 AMPs and distributing 45,439,378 AMPs.

The platform is planning a second crowdsale on bnktothefuture.com in September to fund its operations. There will be another public sale of AMP’s as well as an equity offering.

“We expect these funds to allow us to further develop the social layer, finalize development of our new sharded, composable scalable blockchain, make fully operational our Rholang smart contracting language, and create the tools allowing developers to easily and modularly interface with any of the layers of our platform to create fully decentralized and distributed applications that have an easy time interfacing with one another and creating network effects between them,” Konforty said.

https://www.cryptocoinsnews.com/synereo-announces-alpha-phase-as-worlds-first-decentralized-social-network/

The ico price higher than now, the price will be pumping, otherwise will be dumping, am i right?

I thought the purpose of another AMP sale was to bring in new investors. So the lower the price the better?

yes there is whale playing its game I ve seen it. I stopped trading, cant have strategy when there is one guy able to move whole market as it fits him, whae is making money off traders, by forcing dumps anytime she wants.

Well, the price jumped and now is falling   Someone placed 200+ BTC sell wall.

the fact we dont know the price of AMP at sale in Septmeber is brutal, market will jump or crash, it is like betting in box, you may favour one guy, but he still might be KOed anytime.

We are still working out details on the upcoming equity investment opportunity for qualified investors on https://bnktothefuture.com/ and the AMP sale that will also be coming during the same time. Thank you for your patience.

Well actual supply of buyable tokens is only 60M.
And NO, Steem is not only 140k but 140M with actual supply of 120M.
So, technically AMP is 2x more scarce as STEEM at the moment.

Next time check your math before posting such garbage man.

Why would someone buy right now at record highs instead of the next AMP sale in September at a much lower rate? 

I wouldnt be so sure, guys have still a lot of tokens to sell, total suply AMP is 1,6B and STEEM only 140M

It means BTC and Synereo both have great potential.

I am long on Synereo, but not sure why the market is so aggressive. I will wait until the AMP sale details come out officially before I buy in more.  Things I am assuming. The company needs to raise more money. This is why another round of funding is here. Any thoughts?

yeah, alpha launch will reduce this gap 

STEEM market cap $ 129,348,844
AMP market cap $10,759,220
There is good potential

Interesting perspective:

FB marketcap 350B
BTC marketcap 9B
Synereo marketcap 11M

I feel like there is no enough specific information about the project developent. No dates, timelines, no roadmap. It is less attractive for investors when they cant know when and how will things happen. Sure with development of innovative tech it is hard to predict it and deadlines are meaningless, but there must be some expectatiions of time horizons.
Will there be roadmap ?