Topic: [ANN] ESSENTIA - The Decentralised User Becomes a Reality - page 31. (Read 40986 times)

Yes, you can use the tokens for both of the actions you mentioned above. See below for a more details list.

The possible ways to interact with the Essentia Network using ESS tokens are:

1. ESS token can be used to access and manage the industries most revered dApps and decentralized services within the Essentia framework.

2. Individual actions performed on the protocol will require a small payment of ESS. The token will grant users the ability to interact with Essentia in a variety of ways and to pay for various services.

3. ESS holders can utilize computing power to earn tokens through Masternodes.

4. ESS tokens form a critical component within the Essentia Framework. They incentivize active and positive participation, disincentivize bad behavior and create an equitable and transparent rewards system.

5. Additional use cases for ESS will be introduced including governance and reputation management.

6. The Essentia protocol brings interoperability on a scale that has never been achieved.

For a more in-depth explanation please check out the following:

https://medium.com/essentia_one/heres-why-ess-tokens-have-among-the-strongest-utility-in-the-market-ddf5e9bd53e9

But tokens will be used for other things? Like file storage, using dApps etc? They promised release mobile wallet soon. Hope price will increase soon 

The price of the token does not affect me so much now. I think that after launching the network, this will be more relevant.
But tokens will not used in deal with Finland, and I hope that all the following cooperation will use the service in full.

Not all, for example this one (also promoted by Amazix like ESS)

https://www.coingecko.com/en/coins/countinghouse-fund

is 3X in dolar value and even more in ETH value

If we evaluate the cost of essentia in Ethereum, the price of ESS fell by only 5 times, and this is the standard behavior of almost any token on the bar market.

Did all you guys show up in cryptocurrency land last year when btc was topping $20K??
All crypto has lost like 90% after they pumped up like 5000%... WTF do you expect? non-stop moon launch, free money falling from the sky?

The team doesn't control investors. Investors in Crypto love to manipulate.
So if the team were to control investors - the team would have to be very corupted and scammy to beat out the manipulation coming from investors.

Anyways, developing the project is how value is added.
Maybe I am missing something - please fill me in on how "YOU" would have the development increase value.?

Development is of course the priority i understand that, but they should also start doing something about the marketing and price as well, in fact they should've done that a while ago. As someone mentioned, tokens lost in value more than 90% since ICO. Team should start to care about price.

One group of telegrams throughout the day spamming and the news does not increase the value of ess ... The amazix team is the worst team

There are lots of announcements on the project development since the close of the public engagement for sure The Essentia team put out monthly development reports and have an Announcements-only channel where news and updates are regularly posted!

At least they are doing something about their development and inform the investors about all steps of development. They have a lot of news.

But tokens lost in value more than 90% since ICO. Seems team don't care about price. They raised a lot of money and developing product and even have partnerships, but tokens will not used in deal with Finland as I understand. They must care about provide good liquidity for tokens as they sold them to investors.

Always a technology and not interested in improving the value of ess ... Earn money from ico and leave investors .. doing very well.

Hey Essentia family! Check out a new update from the team:

"Prepare to meet a valuable member of our team whose work’s involved in every sphere of the  Essentia development! Meet, Oleksandr! Maintaining software solutions, creating technology roadmaps, developing blockchain architecture are among his many duties."

https://twitter.com/Essentia_One/status/1053285367741329409

Have you had a chance to check out the Blockchain Roadmap the Essentia team recently released?  

Oh, I never hold the team responsible for loss of token value. But since you mentioned development toward a mainnet launch... I decided to double down on my bag 

Hey Community! 

Mark your calendars, we've begun the countdown for the Essentia Mobile release! Just two weeks from now you can access the decentralized web from your pocket, anywhere. 

Please note, the Essentia app itself will be ready for release, however, Apple holds a strict policy regarding decentralized services - with a  tendency to prolongate any assessments.

We have taken all measures to ensure the review goes as smooth as possible so we can release Essentia for iOS in line with the Android version.
In the meantime, we will keep you updated about the overall procedure!

https://twitter.com/Essentia_One/status/1052614162763927553

Essentia channel is only ad nauseam repeating the same few sentences since ICO finished,
with one exception, we don't hear "3 out of 5 biggest exchanges" mantra anymore 

Like we've already clarified the team has confirmed that they will discuss future implementations of ESS down the road from the AMA https://old.reddit.com/r/essentia/comments/9khnad/technical_ama_with_the_essentia_team/
I would suggest you check out Essentia's channel regularly for updates

But maiinet launch by roadmap in Q4 this year already. And now in Q4 ongoing. So maiinet will be between today and December.

From AMA:


So, he said that tokens will not be used with Finland project. But many investors (as me) invested because of announce about partnership with Finland. And now you said that tokens will not be used here? But they sold tokens. And investor must be sure in their liquidity and using. They sold tokens and this tokens must be used in project and have good liquidity! So, native coins (after maiinet) will be used in Finland project or no?

Allow me to clarify the response  In regards to the Finland pilot, the team are first going to use Ethereum’s blockchain. After the mainnet release, the team will switch to Essentia. Regarding the tokens: in the first release, it’s a no for sure. But the team are discussing the possibility in the next releases. As fancybread recommended, you can read the AMA she linked to you to see the full Questions and Answers session to get lots of information and the full context of this conversation and information.

Don't fear: ESS have an extensive token utility on the Essentia Network:

1. ESS token can be used to access and manage the industries most revered dApps and decentralized services within the Essentia framework.

2. Individual actions performed on the protocol will require a small payment of ESS. The token will grant users the ability to interact with Essentia in a variety of ways and to pay for various services.

3. ESS holders can utilize computing power to earn tokens through Masternodes.

4. ESS tokens form a critical component within the Essentia Framework. They incentivize active and positive participation, disincentivize bad behavior and create an equitable and transparent rewards system.

5. Additional use cases for ESS will be introduced including governance and reputation management.

6. The Essentia protocol brings interoperability on a scale that has never been achieved.

For a more in-depth explanation of token utility, please check out the following article:  https://medium.com/essentia_one/heres-why-ess-tokens-have-among-the-strongest-utility-in-the-market-ddf5e9bd53e9