Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo - page 427. (Read 879222 times)

So if you have 1/3 or 1/2 of the money ($1.2M) you're just going to send all money back and shut down the project?

Here are the full details of how we handle funds:
https://docs.google.com/document/d/1zLBm8OHt5-81flihJ6iSKEm0WbRa6FL0mJ5ivBN34Po

It's simple. If we don't raise enough funds - if the community doesn't care to support our decentralized, open-source project - then we will have failed, and there will be no Synereo.

Ok, let's say you're right about potential.

But still, what's gonna happen if you are not able to gather $1.2M. What if there's only $0.2? It's possible and you say nothing about it which means the crowdsale isn't planned well or you're hiding something.

Please, get me right, you're aiming for a hell of a lot of money and it means a lot of concerns for potential investors. You might be a great team with solid plan, but you still have to sell everybody your idea.

interesting...

do you have escorow service for IPO?

I've done some more serious calculations and just wanted to share them.

1. If 18.5% (185M) of the coins are sold in crowdsale, market cap will be about $1,201,000.   
2. Price (based on current BTC price) is 2492 satoshi per coin.
3. Market cap of all 1B coins should be $6,492,000 (priced at 2492 satoshi).

Mmmm... no. At least not in the crowdsale.

Disconnect yourself from the axiom of Coinmarketcap and decide whether you see value in the project.

Look into the numbers generated by existing social networks and see the potential to grow.
http://www.synereo.com/whitepapers/synereo.pdf#subsection.1.2.1

If you do want to compare to other crypto projects, take a look at where MaidSafe started - at an even higher valuation - and where they are now.
Unlike MaidSafe - who have been working on their technology for many years and have a lot in store, but aren't quite ready - our technology is already working as intended.


The crypto community, especially on BTT, is very skeptical. That's perfectly understandable. I've fallen prey to a few scams throughout the years here myself, and with the current climate being what it is, it's hard to trust anyone or feel charitable at all looking at any new project. It's easy to get lost in the standard crypto "ITO" mechanics and lose sight of what's important if you come from this community, but I know there are many here who understand the larger vision and know that the sale and the AMPs are only one aspect of our offering. Fortunately, we also have many other communities following our progress, excited about the solution we offer and seeing what we're planning beyond the crowdsale. They understand that there cannot be such a decentralized service, truly unbound by any central authority, without its users putting life into it.

As long as our social media networks continue to be moderated by central authorities, users cannot be guaranteed the privacy of their identity and personal information. Your attention can fall victim to a stranger’s misguided interpretation of who you are and what truly interests you.

Synereo is building a network owned by you and controlled by no one. Users connect directly to one another, via secure cryptographic channels that prevent governments, spooks, and marketing agencies from eavesdropping without your consent.
This decentralized network is being built to provide the absolute best social experience online, treating people as its clients rather than as products. Synereo aims to help you connect with people and things you care about in a meaningful way, putting you in the center of the experience rather than marketers.

Don't want to spoil the party, but.

You're selling 18.5% (185M) coins during IPO. The price is fixed: $0.0065. Your goal is to collect $1,200,000 which is about 5000 BTC.

Let's say you have succeeded. It'll put Synereo on 12 position by market cap. As investor I don't see much potential to grow.

Let's say you have not succeeded and raised 300 BTC. Which is way more possible scenario in my opinion. The IPO price was fixed, so you sold 1.2% instead of 18.5%. What you're gonna do with the rest?

https://blocktrust.org/

crazy!over 5millon usd market cap?

Anyone studied the white paper? Is it worth investing? What do you guys think?

Like with any other ICO/IPO, the devs are able to buy the coins themselves(money which goes back to them afterwards anyway) and sell them on the market creating double profit.

Nothing new here.. been done before, and will happen again..



Question: are the AMPs divisible  ?

I don't see any distribution for those who have invested $3.2M in the last 4-5 years?

seeing as how crypto was built by miners investing a ton ion infrastructure i see this a a smac in the face.  just give us money and we say fuck the community fuck de-centralization and a big fuck u in the end im sure.  


im sure a hero member like u didnt het here without hashing blocks

thanks for nothing

We're aiming to open an alpha version to our close community members and supporters within a few months.

Hi! Very interesting project.
When do you expect the release date of first live version?

GL

Yes. That is our old thread. Linked from this post as well.

https://bitcointalksearch.org/topic/pre-ann-synereo-a-fully-decentralized-social-network-owned-by-you-827782

You actually read the whole thing? and stayed awake? you deserve to be paid for this level of attention. Amps please, devs?

euh.. did someone actually read the whitepaper ?

Looks great until you start reading it.