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Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo - page 400. (Read 879222 times)

legendary
Activity: 1190
Merit: 1004


Nothing ever happens with Synereo. Synereo isn't even a DAO. It's just a silly old traditional company hiding behind a crypto token. Now that DAOs are more well understood, Synereo is going to have an even harder time trying to gain popularity.

Synereo had a crowdfund and raised $160,000 but what happened to it is a corporate secret. The initial devs took a massive 20% premine of all tokens. They are currently making secret corporate deals with Max Keiser and BnkToTheFuture to start some Synereo LTD company and sell those people AMPs at a set price.




I don't really see this idea taking off much in this space anymore. Especially now that this "social network + blockchain" idea is being developed by so many other projects. Synereo has to worry about competition using the Synereo code base as well as competition using other code that does similar things to Synereo.

member
Activity: 109
Merit: 10
so where is the app ? i want to use it. looks like we are in competition with the same idea.  good luck. mine is almost finished. it was fair launch no premine and no ico. we didn't raise a penny from corporations and I am beholden to no one.



Can I get in on your idea yet? Synereo is way too over priced right now. They're using a small percentage of their 100% premined token to pump up the price.




Yes sir we aelcome all who wish to participate.. we may not have the money these guys have but we did it the righ way. Also our app will be ready by the end of the month. it wont be as pretty as theirs (it they ever releas it) but it will be just as functional. pay to follow pay to retweet all money goes to users who created content

This is a Synereo Forum. Please move you discussions to your coin room!
legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
so where is the app ? i want to use it. looks like we are in competition with the same idea.  good luck. mine is almost finished. it was fair launch no premine and no ico. we didn't raise a penny from corporations and I am beholden to no one.



Can I get in on your idea yet? Synereo is way too over priced right now. They're using a small percentage of their 100% premined token to pump up the price.




Yes sir we aelcome all who wish to participate.. we may not have the money these guys have but we did it the righ way. Also our app will be ready by the end of the month. it wont be as pretty as theirs (it they ever releas it) but it will be just as functional. pay to follow pay to retweet all money goes to users who created content
legendary
Activity: 1190
Merit: 1004
so where is the app ? i want to use it. looks like we are in competition with the same idea.  good luck. mine is almost finished. it was fair launch no premine and no ico. we didn't raise a penny from corporations and I am beholden to no one.



Can I get in on your idea yet? Synereo is way too over priced right now. They're using a small percentage of their 100% premined token to pump up the price.


legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
so where is the app ? i want to use it. looks like we are in competition with the same idea.  good luck. mine is almost finished. it was fair launch no premine and no ico. we didn't raise a penny from corporations and I am beholden to no one.


 1


DID I mention no outside funding.. period... Also I am actively buying up the tiny supply. Also, its being developed by students who give a fuck about pumping dumping or the price of the coin. this is more about pure disruption and developing our skills for the world to see.

legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
A new story with some updates about where we're at on allcoinsnews:

http://allcoinsnews.com/2015/12/31/decentralized-social-platform-synereo-plans-pre-sale-on-bnktothefuture/

http://blog.synereo.com/2016/02/07/Synereo-Update/

57:26 - Crowdsale/BnkToTheFuture
Christian asked about the next crowdsale, which Greg answered by saying that the BnkToTheFuture project will be starting very soon, and there will be an interview with them soon (it was scheduled, but had to be delayed).

Scala developers are most welcome and will be rewarded in AMPs!

Please read the Open questions for pitch deck

Some links from the chatbox:
Access control
Sessions

That’s all for this week!

If you like what we’re creating, send some bitcoin to 18c1en55Cs2jBgBT2LTAiK9M81vMUmXmxw


That should be a real boost for the price of AMP.
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com

http://blog.synereo.com/2016/02/07/Synereo-Update/

Update Summary
This week, we talked about the new Taiga task management system starting to be employed by the Synereo community. Updates were given about the work on Casper, the new Proof of Stake mechanism, Synereo’s back-end development, the Synereo MVP, and many more.

image

Contents in Brief
Watch the full Hangout

00:54 - Individual updates
02:59 - Ed, LivelyGig
05:08 - Synereo MVP
12:15 - Taiga management system for Synereo
13:33 - Cohorts - MaidSafe, Safe Exchange, Ethereum
15:54 - Scalable Blockchain: Proof of Work, Sharding, Special-K
18:45 - Scala Apprenticeships
24:03 - Casper and Shards
29:25 - Proof of Stake
31:30 - Investor
32:18 - More maths: Type systems
41:00 - Active & Passive browsing, Attention Economy
53:08 - More on UI and MVP
57:26 - Crowdsale/BnkToTheFuture

Detailed Notes
00:54 - Individual updates
Jed communicated that he has been staying out of the hangouts to leave room open for newcomers. He’s been active behind the scenes, answering questions via chat and coordinating the youtube presentation. Currently, he is establishing the role of Synereo Ambassadors, a new opportunity for others to earn AMPs for helping the community grow. Dor hinted at developments with the weWOWwe network, and will fill us in more next week.

02:59 - Ed, LivelyGig
Ed talked about the North American Bitcoin Conference in Miami last week, and some inroads were made regarding LivelyGig, and Scala developers. He and Ryan are also working on the UI, and an end-to-end demo. Nirvanic is working on wiring up the diode and flux architecture. The first target market for blockchain and smart contract development has been chosen, and they are moving forward on that.

05:08 - Synereo MVP
One of Ed’s questions was about the initial target market for Synereo. Christian suggested checking into iTunes podcasters as a potential group to review. Eric said that from the UX perspective, target market is the most important question. He & Dina think the blockchain and “hacktivist” communities are good initial targets. They understand the technology, and can be easily led to finding uses for Synereo. He & Dina spoke with Noy about design, and the user’s story, leading to an MVP that will be a great demo of Synereo’s capabilities.

12:15 - Taiga management system for Synereo
HJ said that he had found 2 Scala developers, and they are thinking of having a workshop on Synereo. He also started a page on the Taiga project management site, to see how that might help our project. Synereo on Taiga

13:33 - Cohorts - MaidSafe, Safe Exchange, Ethereum
Rich says he loves what Synereo is doing, and follows & promotes it, and other similar projects like Maidsafe and Safe Exchange. He thinks they will all grow faster if we all work together. Greg agreed, adding that there is an abundance of work for all.

Rich also asked about Casper and Ethereum, and how Synereo’s work with them will benefit Synereo. Greg explained that the existing stack that Synereo had was largely a content delivery network, and that they were hoping that better blockchain technology would be produced somewhere (that would address the limitations of Bitcoin’s chain).

15:54 - Scalable Blockchain: Proof of Work, Sharding, Special-K
Bitcoin’s current algorithm, called Proof-of-work, did not appear to be what was needed. This is what led Greg to first work with the Casper group in order to meet the commitments that Synereo had with its investors. Greg reports that Casper plus Sharding should make the blockchain scalable. Adding Special-K into this tech-stack, we’ll have a metered, monetized, content delivery network.

18:45 - Scala Apprenticeships
Greg met with Gary Stevenson, an experienced functional programming dev in Sydney, about being an apprentice working on the backend of Syenero in order to learn Scala. Gary’s also very interested in freelancing through LivelyGig. Greg and Gary have been working on improving the performance of the Synereo back-end.

Greg went into some detail on the code for the LivelyGig UI.
When you deploy a node the UI-code and the Server-code are on the server. That should be the case if you have support for course. If you can separate the two, then it makes deployment easier. Also the LivelyGig importer has been improved, by upgrading Spray to a newer version. So the GlosEval code and their dependencies are now ported to the newer version of Spray. The SBT-built is now also more modular and doesn’t get mixed up with the dependencies.


24:03 - Casper and Shards
Sharding divides the data set and distributes the data over multiple servers, or shards. Each shard is an independent database, and collectively, the shards make up a single logical database. See about PoS Vlad Zamfir’s or Vitalik Buterin
image

It seems to be better to think about Casper and computational models that support Sharding at the same time. You can shard your database in different ways, for example according to: the application state, the geographic location or the name space (the address state) What Greg keeps telling them is that the namespace or your address space is the most natural sharding.

29:25 - Proof of Stake view of the blockchain, and how it can represented as a traced monoidal category.
Another thing is the betting cycle and the whole Casper view of the blockchain. This can be nicely represented as a traced monoidal category This is a category with some extra structure which gives a reasonable notion of feedback.

You can look at the convergence of the betting cycle as an iterated function system. Convergence corresponds to having attractors for the iterator function system. And then you can prove things about convergence if you set up the economics of punishments and rewards appropriately. So if you have an attractor in line then you can construct an iterated function system that has that attractor as its attractor or as its fixed point.

So you can look at the bets that come in and see how well they match against the iterated function system that has that attractor. And if they stay too far from the behavior that is dictated by that iterated function system, then you punish them. That gives you a maximum of freedom. You’re free how to place your bets as you want. But bets that don’t line out with something that at a minimum converge to a winning block at a particular type, are gonna get punished. So the only validators that are left standing, are the ones that conform in some way to something that’s going to converge to picking out blocks at a particular height. This a rough sketch of how to make the Casper betting cycle converge.

Then the other observation is that the betting cycle itself is a trace in a mathematical structure, called a trace monoidal category. See a paper by Masahito Hasegawa which make that argument crystal clear and precise. There’s a function that turns one into the the other and the other into the one.

That combined with the notion of linear types that gives you a nice way to decompose the blockchain in a scalable fashion. And there Greg present a contracting language that already has sharding semantics in it. And then the type system supports the sharding semantics. And that allows you for example to control computational power, because well typed contracts always terminate.

Linear logic provides a kind of natural programming model for reasoning about sharding the blockchain. And from Casper it’s argued that the blockchain can be viewed as a traced monoidal category. And a traced monoidal category are a natural place to interpret computations based on linear logic with its connection to the pi-calculus. And Greg has found a way to interpret the betting cycle in terms of the pi-calculus protocol. So all the pieces are fitting together. So we’re slowly piecing together a coherent view of how the blockchain is constructed out of the mathematical building blocks.

31:30 - Investor
They met with a potential investor who is supportive of the work merging Special-K and Ethereum.

32:18 - More maths: Type systems
The relationship between Type systems and Computational models that Greg has been working on for the past 7 years, and the algorithmic mechanism that takes data and generates type systems, is making progress. He and Mike Stay have been writing up results in higher Category Theory, in order to explain how this ties into other, well-known results to that community. This was a woo-hoo moment!

Finally, he shared a site that he really loves, called Hit Record, from Joseph Gordon-Levitt.

41:00 - Active & Passive browsing, Attention Economy
The conversation then touched on the difference between ‘passive’ and ‘active’ browsing experiences, and how Synereo will address both, adding more collaboration to what existing networks offer. Christian added that this addition really shifts the paradigm (away from the centralized ones of modern society). Greg topped that off by saying that this is the idea of our Attention Economy. If we start with an environment where devs can hack the platform with the platform, the platform will expand in many ways. Eric talked more about the attention economy, and how it works for people, in regards to these kinds of network projects. Artists and other content creators will come onboard organically, after the devs build creative spaces and tools for them.

53:08 - More on UI and MVP
Prompted by a question from HJ, Eric covered the ‘storylines’ idea for users again, and starting the MVP (mentioned at the top). Dina will be continuing where she left off from her presentation last week soon.

Ian has been playing around with and trying to learn Scala JS, because he wants to get started hacking stuff on Synereo and LivelyGig.

57:26 - Crowdsale/BnkToTheFuture
Christian asked about the next crowdsale, which Greg answered by saying that the BnkToTheFuture project will be starting very soon, and there will be an interview with them soon (it was scheduled, but had to be delayed).

Scala developers are most welcome and will be rewarded in AMPs!

Please read the Open questions for pitch deck

Some links from the chatbox:
Access control
Sessions

That’s all for this week!

If you like what we’re creating, send some bitcoin to 18c1en55Cs2jBgBT2LTAiK9M81vMUmXmxw
sr. member
Activity: 994
Merit: 277
sr. member
Activity: 994
Merit: 277
Anyone here?  Grin
sr. member
Activity: 994
Merit: 277

Any update on this?

Quote
Decentralized Social Platform Synereo Plans Pre-Sale on BnktotheFuture Hans Lombardo

Synereo, the blockchain-based decentralized social platform, will soon launch a public offering on crowdfunding platform BnktotheFuture.

Dor Konforty, CEO and Architect of Synereo, commented in a Google Hangout session:

Very soon, we are going to open a private pitch page there. Meaning we will already be able to start getting investments before we actually go live. The more we get before we go live, the higher the number is on day one, the more likely we are to draw further investments.

Konforty also hopes to raise the additional funds before Synereo goes live to fund development of the “docker container” that will facilitate the set up of network nodes by members of the network.

Konforty added:

Essentially when we launch the application, if we don’t have this docker, it is going to be hard for people to set up nodes. They are going to have to rely on the few nodes that are already up or the nodes hosted on Amazon. And that doesn’t seem very decentralized.

Also in the Hangout session, Synereo CSO Greg Meredith discussed valuable insights that he gained on decentralized systems from the recent Blockchain Workshos in Sydney. Meredith highlighted Lawrence Lessig’s talk at the workshops titled “Thinking Through Law and Code” that examined how decentralized systems will affect the legal landscape, and that they should be flexible and designed with compassion in mind and allow for adjudication of their processes. In addition, Meredith attended a collaborative Hackathon, where his team won a $50,000 award for the winning idea.

In the hangout, Synereo is also working on creating its next new bounty-enabled role for its community, called the Ambassador. Ambassadors will be responsible for going out into established networks and becoming a liaison for various groups interested in Synereo.

The startup is developing a social network owned by the users and controlled by no one. Users connect directly to one another, via secure cryptographic channels that prevent governments and marketing agencies from eavesdropping without your consent. If they allow sponsored content into their stream, users are compensated in the network’s proprietary digital currency, AMP.
sr. member
Activity: 306
Merit: 250



As far as I can tell, this coin took the $160,000 USD invested last year and did nothing. And the founders took a 20% premine. Looks pretty bad so far.

I think they spent the previous ICO money on partying and going to conferences to further hype this garbage as the blockchain of the future.




This dude is just a piece of human trash. Dont you worry, he will pay.
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro



As far as I can tell, this coin took the $160,000 USD invested last year and did nothing. And the founders took a 20% premine. Looks pretty bad so far.

I think they spent the previous ICO money on partying and going to conferences to further hype this garbage as the blockchain of the future.




Alright, I think we've all had about enough out of you...

legendary
Activity: 1190
Merit: 1004



As far as I can tell, this coin took the $160,000 USD invested last year and did nothing. And the founders took a 20% premine. Looks pretty bad so far.

I think they spent the previous ICO money on partying and going to conferences to further hype this garbage as the blockchain of the future.


member
Activity: 109
Merit: 10


Synereo demo:
https://youtu.be/pswRWPDzq6I?t=1m50s


Looks so bad...





Old UI from April last year!

All your posts are always negative not only here, but on several boards. You always post BS in order to drive price down. Please try your BS on other boards. Trying to drive market down so you could buy in and flip.

All we need is to check ALL your post history.
legendary
Activity: 1190
Merit: 1004
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
Weekly update (see with formatting and pictures on the blog):

This week, we talked about the latest bitcoin controversy. We discussed the claims raised by core developers on both sides of the argument, and debated potential solutions to problems of centralization of mining and governance. Governance of decentralized projects is difficult! Synereo wants to implement centerless-coordination mechanisms right from the start.

LivelyGig is progressing on its UI. Code reviews clean a lot of clutter through the magic of functional programming in Scala. weWOWwe, a social network for sport, is on board and work has begun with them to provide them with some of Synereo’s functionality.

Additional dev grants from Ethereum for the work on Casper, the new Proof of Stake protocol Greg is leading the design for, are approved.

Scala developers are most welcome to join our coding efforts and will be highly rewarded! Also, if you aren’t a Scala developer and you want to help us grow, find us on our slack channel!

image

Contents in Brief
#### Watch the full Hangout
00:58 - Mike Hearn & Bitcoin news
03:10 - Ethereum dev grant
13:01 - Dor: Bitcoin is here to stay
16:30 - Market forces in Proof of Stake
20:05 - Synereo governance and centerless collaboration
29:00 - LivelyGig update
32:00 - Code review of the UI
38:48 - Dor’s update, Backfeed protocol can be implemented on Synereo tech
42.45 - About Membranes as delineators in groups
49.00 - About AMP Wallets
52.17 - Scala developers needed!
53:28 - Bring us in contact with Bernie Sanders

Detailed Notes
### 03:10 - Ethereum dev grant
Based on conversation with Wendell Davis (Ethereum), the accorded grant of last year will be paid out and it is likely that Synereo will get another grant for the progress that has been made on Casper.

03:58 - Mike Hearn & Bitcoin news
Greg wanted to get the conversation kicked off with a little bit from the recent news flurry on the departure and out-going message by Mike Hearn, of Bitcoin. (Ref: Mike Hearn), (Ref Responses: Reddit citboins, Greg Slepak, Henry Brade, Ryan Shea)

Ed began by saying that Mike is a very bright guy, and a loss for Bitcoin momentum. He thought that Mike had sealed his fate when he implemented the hard fork in XT, and if you remove all the personalities from this, the Bitcoin ecosystem and community still has a problem with what decentralized governance means. The Bitcoin foundation has largely failed, and has a black eye. At the Scaling Bitcoin Conference, from what he saw, the biggest problem is how to make decisions.

In all of these decentralized projects, including Synereo, and LivelyGig, to the extent that those become open source from the community’s perspective, we need to address how we make group decisions. It’s a reminder that we have a governance challenge.

Greg agreed, adding that it’s a sociological problem, not a technological one. The Bitcoin story is a learning experience, and as an analogy points out that HTTP is a stupid protocol, designed by the wrong people. But it served as an entry point into larger communities of the corporate world, and if it had been better, it may not have made it - using Gopher as an example. HTTP is a “failure” too, in the sense that it has had to change & evolve along the way, in order to meet the changing needs of that market.

He also touched on the difficulty of explaining these new, advanced protocols like Casper, which are replacing the older Bitcoin protocols, and it took 5 months of explaining for him (who is not an initiate in these matters) to get it. Nonetheless, he believes that the technological problems can be solved; the sociological ones are more “interesting”. This is one reason why we are operating with transparency.

13:01 - Dor: bitcoin is here to stay
Dor thinks that each time someone claims that bitcoin is dead, it actually is becoming stronger. This claim happened now 89 times. It gets media attention and more people become interested. And they become more convinced that bitcoin is here to stay. He thinks many of the things Mike Hearn says are not really relevant to what’s going to happen with bitcoin core, but that he does bring up some valid concerns. One thing is interesting with regards to proof of work. The Chinese have the most processing power and therefore centralization is starting. They have a financial interest in keeping the block size small, because their network handles better small block sizes. And therefore they have more chances to validate blocks and earn the 25 bitcoin reward. Dor raises the question about whether Proof of Stake will be able to avoid these kind of problems.

16:30 - Market forces in Proof of Stake
image

With Proof of Stake, the block validators may come and go. The market forces within PoS are different with respect to validators. Those businesses that have invested a lot in mining gear (like in speedy ASICs) for PoW don’t have a particular advantage with PoS. That means that there is no centralization because one has the fastest mining gear. An issue with PoS is whether or not there is obfuscation of the ordering of transactions in blocks. When there is no obfuscation of the transactions that are included blocks, then there will be a market around the ordering of transactions. If you compare it to the current banking systems, then banks order transactions to maximize their fees. Possibly, having a market allows for a wider visibility of the ordering of transactions and better control on the part of other interests, not just the banks. A market may also starve out certain types of computation, however. That’s kind of troubling!

20:05 - Synereo governance and centerless collaboration
Another lesson is that is hard to have a decentralized system with centralized control especially when there’s censorship on the main channels of communication related to Bitcoin Talk amd Reddit. Dor hopes that Synereo offers a superior experience with a decentralized communication platform. A mechanism will be baked in for voicing your opinion, collaborating on proposals and measuring your reputation. This should allow for better governance.

Ed says that we have to engage with studies in this field, see He asks how release management is done, when Synereo has a lot of nodes. You could then maybe send releases out as data on the network, but it would still need a voting system with signatures.

image

Lessig, - Code is law maybe of interest as well. Lessig has been thinking about these issues since the ‘90.s. And we are building a censorship resistant public information utility that allows for essential transactions, like ownership of a house. Therefore the code has to be open and reviewed by a lot of eyeballs not only developers but also the common folks need to know what the code is doing and what the concerns are around that code. See also ZeroMQ: Our decentralized future. And Taiga for decentralized project management image

One advantage of the discussions around Mike Hearn is that all the proposals and problems have been summarized and explained.

We need a kind of side project that shapes the governance around Synereo.

29:00 - Livelygig update
Ed continues to work on the user experience and an end to end demo: How do the employer and freelancer meet each other? How do they form a contract, pay into escrow, complete the work and how is feedback provided about how that gig went. Techniques are: scala.js that updates a portion of the DOM. The connection between the client and server needs to work through the architecture stack, Diode. It’s a better way than the Model-View-Control model. See: Diode framework and Flux.

image

32:00 - Code review of the UI
Greg did a code review and emphasized the importance of type in Scala.js. It was, for example, not clear what was cast into a particular parameter. By just looking at the type, the problem could easily be solved. This you cannot do in JavaScript but in Scala.js you can.

image

The importer-code needed a lot of re-factoring. We added just the type save configuration management code and skipped hard coded resources. The importer defines in a .json file, a model data set with some users, labels and connections, that allows for a quick demo or test configuration. The resources include the data file and also the servers where it registers the users and creates labels and posts.

You can now set up the servers and ports you’re talking to and the email validation. We increased performance by splitting the import up in chunks: first make the user, then the labels, and then make the connections.

This allows for fine grained testing, wiring it up to the UI so that you get a page where you raise users for test scenarios.

38:48 - Dor’s update, Backfeed protocol can be implemented on Synereo tech
image Synereo signed an agreement with weWOWwe , a sports-related social network. Their users express their experiences about sports. Depending on how such a message is perceived, they get a kind of reputation token. These tokens can be exchanged for various rewards, like a meeting with one of the players or sports items in a market. They will use Synereo for measuring the response that is coming out of the content delivery networks. They collect the information and ship it off to Synereo, which is storing on behalf of the user, updated versions of the responses to their posts. Synereo keeps track of the cryptographic tokens and tracks the response of various users of social networks.

We also made a breakthrough in integrating BackFeed’s inter-subjective protocols for reputation, that may also later be used for a governance model. Finally, there was a kind of common language to understand each other :-) They aimed for a kind of dynamic group creation through one smart contract and that suggests some centralization.

42.45 - About Membranes as delineators in groups
So Greg also explained the sister of π-calculus, the Ambient calculus. It’s about nested membranes, and a membrane can define group membership. Those agents that are inside the membrane are part of the group and those who are outside of the membrane are not part of the group. Ambient gives you a certain programmability of groups; you can create new membranes, it allows agents to enter and leave a membrane, and you can dissolve a membrane. Luca Cardelli realized that the programmability of membranes was even more important then he thought. He found decentralized tools for programming and creating membranes. This model is much more apt to what Backfeed wants to realize.

image

49.00 - About AMP wallets
At the moment the most convenient wallet for AMPs is the OmniWallet, but for LivelyGig a wallet has probably to be developed. Within Synereo you have to be able to manage your AMPs as well.

image

52.17 - Scala developers needed!
If you know Scala developers, please bring them on board. They will be rewarded with AMPs for their work. It’s a cutting edge technology in a rapidly growing space, so this is the time to get in. Even if you want to learn this functional programming language, then you’re welcome.

image

53:28 - Bring us in contact with Bernie Sanders
The Bernie Sanders campaign needs to get up to speed with blockchain technology and how they will impact society moving forward. It’s about addressing the inequality of income and wealth.
image

That’s all for this week!
hero member
Activity: 817
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Truth is a consensus among neurons www.synereo.com
The founders said on a live hang out that Max Keiser is involved in this project.

No one from Synereo has ever uttered the name "Max Keiser".

legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
Are you the creator of this project? What does this mean on http://coinmarketcap.com/assets/synereo/ Total Supply 1,680,400,000 AMP? Do you really have that many coins?

Yes.

Why do you have 1,680,400,000 AMP but then someone says there was only like 200,000,000 AMP?

Actually the OP says there should be 1 Billion..  but in fact there are 1,680,400,000


AMP will reach 50k sats per coin when the beta comes out.

You know it's true bro.


1,680,400,000 * 0.00050000 BTC = 840,200 BTC = USD $336,080,000

It's possible AMP could be worth that much one day but the information I have found out so far is:

This is an omni token which means it is 100% premined and no coins are available from mining.

Founders = 4 (20% premine)
Employees = 0
Users = 10
Artists = 0
Supporters = minimal
Beta release = looks like an elementary student built it
3rd party support = 1

Looking at the stats above makes me think its going to be a long road or they will never make it that far.



The founders said on a live hang out that Max Keiser is involved in this project. This is probably why price went up so much to a marketcap of:
1,680,400,000 * 0.00003600 BTC = USD $24,197,760

Max likes to do corporate deals. Who knows how high the price for this token will go.



It will be interesting to see where the marketcap of this coin ends up 6 months from now once more AMPs are able to be sold on BITTREX. Right now only 0.02% of total AMPs are listed for sale on BITTREX.

The majority of the AMPs are locked up for future fundraising and development expenses.  The only AMPs currently on the market, potentially available for sale are the ones sold in the original crowdsale which amount to 184.8 million AMPs.  All of the founders AMPs are locked up in contractual agreements and are only available for sale if all four founders agree.

184.8 million AMPs @ 50000 sats = 92.4k BTC @ 374 USD = ~34.5M USD

That puts it in fifth place at a price that is a fifth of Ethereum's current marketcap and each AMP still would only be valued at ~18 cents USD.  Seeing that it is Ethereum utilizing their technology for their PoS algo, I think a price that is a fifth of Ethereum's is still a steal.  This is my opinion and I'm long AMPs, but you be your own judge.

I haven't heard anything about Max Keiser from any of the devs, but I do know that you pull a lot of your figures out of your ass.  Currently, Synereo has ZERO users not "10" because there is no beta program at this point.  It also has more than "0" employees.  It's unfortunate that you continue to lie about the situation to better your financial position.  Obviously, based on your previous interest to purchase AMPs, you believe this is a good investment which will turn a ROI for you and are now resorting to lying in an attempt to buy in.
legendary
Activity: 1190
Merit: 1004
Are you the creator of this project? What does this mean on http://coinmarketcap.com/assets/synereo/ Total Supply 1,680,400,000 AMP? Do you really have that many coins?

Yes.

Why do you have 1,680,400,000 AMP but then someone says there was only like 200,000,000 AMP?

Actually the OP says there should be 1 Billion..  but in fact there are 1,680,400,000


AMP will reach 50k sats per coin when the beta comes out.

You know it's true bro.


1,680,400,000 * 0.00050000 BTC = 840,200 BTC = USD $336,080,000

It's possible AMP could be worth that much one day but the information I have found out so far is:

This is an omni token which means it is 100% premined and no coins are available from mining.

Founders = 4 (20% premine)
Employees = 0
Users = 10
Artists = 0
Supporters = minimal
Beta release = looks like an elementary student built it
3rd party support = 1

Looking at the stats above makes me think its going to be a long road or they will never make it that far.



The founders said on a live hang out that Max Keiser is involved in this project. This is probably why price went up so much to a marketcap of:
1,680,400,000 * 0.00003600 BTC = USD $24,197,760

Max likes to do corporate deals. Who knows how high the price for this token will go.



It will be interesting to see where the marketcap of this coin ends up 6 months from now once more AMPs are able to be sold on BITTREX. Right now only 0.02% of total AMPs are listed for sale on BITTREX.


legendary
Activity: 2898
Merit: 1017
Are you the creator of this project? What does this mean on http://coinmarketcap.com/assets/synereo/ Total Supply 1,680,400,000 AMP? Do you really have that many coins?

Yes.

Why do you have 1,680,400,000 AMP but then someone says there was only like 200,000,000 AMP?

Actually the OP says there should be 1 Billion..  but in fact there are 1,680,400,000
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