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Topic: [ANN] ESSENTIA - The Decentralised User Becomes a Reality - page 23. (Read 40970 times)

sr. member
Activity: 616
Merit: 252
ICO Date: 2018-06-25
Launch Price
USD: $0.04
ETH:  0.00009374Ξ
BTC:  0.00000687Ƀ
Raised: $25,500,000
Supply: 1,755,313,373

ROI $: 0.03x
ROI Ξ: 0.15x
ROI Ƀ: 0.06x

Is this project still running?
jr. member
Activity: 280
Merit: 1
To help spread blockchain and Web 3.0 awareness around the globe, Essentia has partnered with the Internet of Blockchain foundation to launch courses for developers who want to explore blockchain - Blockchain for Developers! The team believes that the more skilled developers join the industry, the faster it grows! Along with the very first group of students, Essentia team also participated in the course in Kyiv!

The next one is already in the works so stay tuned - the details will be announced soon!

full member
Activity: 826
Merit: 103

Essence can be taken in any case. Look at the price chart. For a long time, the price of the token has been kept at the same level, despite the terrible market. So the chance that the price goes to them is very, very low.

Did you see their daily volume? Real volume is just 124 usd on Idex and 41 usd at ETHFinex. Other exchanges trading by bots abnd have fake volumes (Bilaxy, BitForex, Hotbit). And what you means by "stable"? Price is 0.04x from ICO price in usd and 0.20x in ETH. This team don't care about tokens price...

apparently the market cap is therefore not updated

Apparently nobody is trading... Seeming more reasonable.

Oh, and yeah. Not many projects actually care about the short term token price as, you may have already guessed, the team holds a horde of the tokens.
Yeah, and those are for long term where they cant sell...

So instead, the team focuses on development and hopefully token investments will drive the price.

Yes, they doing something... But they promised top 5 exchange during token sale, when ICO ended we didn't have any good exchange...
And they must launch maiinet in Q4 this year which almost ended, but still no any info about swap tokens to coins etc. Their wallets not ready yet..

I think that when there is will be a network, then we need exchanger number five. Why spend a lot of effort on listing a temporary token.
jr. member
Activity: 325
Merit: 1
The wait is over! Essentia is now available on App Store! Our iOS app is still in the Beta stages and many more updates are on the way. Check it out today and let us know what you think!

https://itunes.apple.com/ua/app/essentia/id1438535734?mt=8

hero member
Activity: 1610
Merit: 508

Essence can be taken in any case. Look at the price chart. For a long time, the price of the token has been kept at the same level, despite the terrible market. So the chance that the price goes to them is very, very low.

Did you see their daily volume? Real volume is just 124 usd on Idex and 41 usd at ETHFinex. Other exchanges trading by bots abnd have fake volumes (Bilaxy, BitForex, Hotbit). And what you means by "stable"? Price is 0.04x from ICO price in usd and 0.20x in ETH. This team don't care about tokens price...

apparently the market cap is therefore not updated

Apparently nobody is trading... Seeming more reasonable.

Oh, and yeah. Not many projects actually care about the short term token price as, you may have already guessed, the team holds a horde of the tokens.
Yeah, and those are for long term where they cant sell...

So instead, the team focuses on development and hopefully token investments will drive the price.

Yes, they doing something... But they promised top 5 exchange during token sale, when ICO ended we didn't have any good exchange...
And they must launch maiinet in Q4 this year which almost ended, but still no any info about swap tokens to coins etc. Their wallets not ready yet..
hero member
Activity: 1596
Merit: 534

Essence can be taken in any case. Look at the price chart. For a long time, the price of the token has been kept at the same level, despite the terrible market. So the chance that the price goes to them is very, very low.

Did you see their daily volume? Real volume is just 124 usd on Idex and 41 usd at ETHFinex. Other exchanges trading by bots abnd have fake volumes (Bilaxy, BitForex, Hotbit). And what you means by "stable"? Price is 0.04x from ICO price in usd and 0.20x in ETH. This team don't care about tokens price...

apparently the market cap is therefore not updated

Apparently nobody is trading... Seeming more reasonable.

Oh, and yeah. Not many projects actually care about the short term token price as, you may have already guessed, the team holds a horde of the tokens.
Yeah, and those are for long term where they cant sell...

So instead, the team focuses on development and hopefully token investments will drive the price.
member
Activity: 206
Merit: 26

Essence can be taken in any case. Look at the price chart. For a long time, the price of the token has been kept at the same level, despite the terrible market. So the chance that the price goes to them is very, very low.

Did you see their daily volume? Real volume is just 124 usd on Idex and 41 usd at ETHFinex. Other exchanges trading by bots abnd have fake volumes (Bilaxy, BitForex, Hotbit). And what you means by "stable"? Price is 0.04x from ICO price in usd and 0.20x in ETH. This team don't care about tokens price...

apparently the market cap is therefore not updated
jr. member
Activity: 280
Merit: 1
This week’s report is now available! Check out what the Essentia labs have been brewing here: https://medium.com/essentia_one/weekly-updates-699f84fcc847
hero member
Activity: 1610
Merit: 508

Essence can be taken in any case. Look at the price chart. For a long time, the price of the token has been kept at the same level, despite the terrible market. So the chance that the price goes to them is very, very low.

Did you see their daily volume? Real volume is just 124 usd on Idex and 41 usd at ETHFinex. Other exchanges trading by bots abnd have fake volumes (Bilaxy, BitForex, Hotbit). And what you means by "stable"? Price is 0.04x from ICO price in usd and 0.20x in ETH. This team don't care about tokens price...
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!

Essence can be taken in any case. Look at the price chart. For a long time, the price of the token has been kept at the same level, despite the terrible market. So the chance that the price goes to them is very, very low.
jr. member
Activity: 325
Merit: 1
hero member
Activity: 1610
Merit: 508

I think that you are not fair to tokens that do not have their own network. I think the idea and implementation is important, but not whether the project has its own network or not.  But in this project, own network, I take it as an advantage. If we are talking about this project.

As I said before, no sence in ERC tokens anymore. people dissappointed in all this thousands useless tokens which were created by scammers and childs.

But well, they published update for December and they will have maiinet as was planned before.

https://medium.com/essentia_one/essentia-december-monthly-update-2b1066f9880e

They have 1500 TPS in their testnet and 8000 TPS in one shard  Roll Eyes
jr. member
Activity: 280
Merit: 1
I think everyone left the project


Hello! Are you referring to the Telegram group?
member
Activity: 206
Merit: 26
I think everyone left the project

hero member
Activity: 1596
Merit: 534
According roadmap maiinet launch in Q4 2018 . So around one month left for maiinet but there still no instructions about token swap, why? And Essentia don't have good exhanges, as I know Bilaxy don't support swap and not all token holders will be avaliable to trade at ETHFinex as they have min limit for 10k usd for traders. So swap will be available only through their wallet which is still in beta version only?

If I'm correct, they stated that they don't guarantee there will be swap at all

I didn't realize there would be a swap... At least so soon. What's wrong with sticking with ERC-20 for awhile, even after mainnet launch.

Honestly I hate swaps, so if it is going to be necessary, please make sure that it is ready to go and doesn't need like 10 swaps in the future.

Anyways, I suppose I need to keep an eye to this project instead of blindly holding tokens.

What sense in this tokens if they will don't have own coins? We have thousands useless tokens and their price in 99% cases is 0 (zero). Only coins with own maiinet and some new technology have real value. May be this is not a good time for maiinet release, but they must have own coins as this was promised.

I hear ya. and totally agree that having it's own token on it's own blockchain is significant and more valued than ERC20..

Just saying the project should be developed and ready for the swap, so that there doesn't end up being a messy situation.

Plus, there doesn't seem like there is much of a neccessity at the moment for more than erc20. If ERC20 works for now, stick with it.
Develop the platform and then consider the swap...

Not that I'm telling the team what to do, but it already seems like this is what they are doing.
jr. member
Activity: 280
Merit: 1
The newest monthly update is out - check out which milestones were hit during the last 30 days!

https://medium.com/essentia_one/essentia-december-monthly-update-2b1066f9880e

full member
Activity: 826
Merit: 103
According roadmap maiinet launch in Q4 2018 . So around one month left for maiinet but there still no instructions about token swap, why? And Essentia don't have good exhanges, as I know Bilaxy don't support swap and not all token holders will be avaliable to trade at ETHFinex as they have min limit for 10k usd for traders. So swap will be available only through their wallet which is still in beta version only?

If I'm correct, they stated that they don't guarantee there will be swap at all

I didn't realize there would be a swap... At least so soon. What's wrong with sticking with ERC-20 for awhile, even after mainnet launch.

Honestly I hate swaps, so if it is going to be necessary, please make sure that it is ready to go and doesn't need like 10 swaps in the future.

Anyways, I suppose I need to keep an eye to this project instead of blindly holding tokens.

What sense in this tokens if they will don't have own coins? We have thousands useless tokens and their price in 99% cases is 0 (zero). Only coins with own maiinet and some new technology have real value. May be this is not a good time for maiinet release, but they must have own coins as this was promised.
I think that you are not fair to tokens that do not have their own network. I think the idea and implementation is important, but not whether the project has its own network or not.  But in this project, own network, I take it as an advantage. If we are talking about this project.


On contrary, seeing how slow and congested, and at moments expensive is ETH network, I'd say that mainnet is prerequisite for success
I agree with you. We cannot rely on the ETH network. It is not known how it will be loaded in the future.  And Buterin, does not have time, in its own framework, for the improvement of the network.  Why do we need to monitor this, uniquely own network is an advantage.
sr. member
Activity: 2604
Merit: 326
According roadmap maiinet launch in Q4 2018 . So around one month left for maiinet but there still no instructions about token swap, why? And Essentia don't have good exhanges, as I know Bilaxy don't support swap and not all token holders will be avaliable to trade at ETHFinex as they have min limit for 10k usd for traders. So swap will be available only through their wallet which is still in beta version only?

If I'm correct, they stated that they don't guarantee there will be swap at all

I didn't realize there would be a swap... At least so soon. What's wrong with sticking with ERC-20 for awhile, even after mainnet launch.

Honestly I hate swaps, so if it is going to be necessary, please make sure that it is ready to go and doesn't need like 10 swaps in the future.

Anyways, I suppose I need to keep an eye to this project instead of blindly holding tokens.

What sense in this tokens if they will don't have own coins? We have thousands useless tokens and their price in 99% cases is 0 (zero). Only coins with own maiinet and some new technology have real value. May be this is not a good time for maiinet release, but they must have own coins as this was promised.
I think that you are not fair to tokens that do not have their own network. I think the idea and implementation is important, but not whether the project has its own network or not.  But in this project, own network, I take it as an advantage. If we are talking about this project.


On contrary, seeing how slow and congested, and at moments expensive is ETH network, I'd say that mainnet is prerequisite for success
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
According roadmap maiinet launch in Q4 2018 . So around one month left for maiinet but there still no instructions about token swap, why? And Essentia don't have good exhanges, as I know Bilaxy don't support swap and not all token holders will be avaliable to trade at ETHFinex as they have min limit for 10k usd for traders. So swap will be available only through their wallet which is still in beta version only?

If I'm correct, they stated that they don't guarantee there will be swap at all

I didn't realize there would be a swap... At least so soon. What's wrong with sticking with ERC-20 for awhile, even after mainnet launch.

Honestly I hate swaps, so if it is going to be necessary, please make sure that it is ready to go and doesn't need like 10 swaps in the future.

Anyways, I suppose I need to keep an eye to this project instead of blindly holding tokens.

What sense in this tokens if they will don't have own coins? We have thousands useless tokens and their price in 99% cases is 0 (zero). Only coins with own maiinet and some new technology have real value. May be this is not a good time for maiinet release, but they must have own coins as this was promised.
I think that you are not fair to tokens that do not have their own network. I think the idea and implementation is important, but not whether the project has its own network or not.  But in this project, own network, I take it as an advantage. If we are talking about this project.
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