Topic: [ANN] Growers International $GRWI - Membership Platform & Cultivation Utility - page 6. (Read 153694 times)

I am not really sure who you are providing advice to but I appreciate the input haha

 In my personal advice is Become bounty hunter. you can collect a very big amount of tokens than airdrops. and these tokens will definitely come to the exchanges. so all of them has a market price. good luck mate

They just release the new white paper a few days ago, here: https://grwi.io/wp/

The whole purpose of a utility token is to "use" it for something (like our platform) and not for an investment vehicle. Investment vehicles in most cases are securities with some exceptions like property and things like that. There should be no inherit expectation of returns just for holding GRWI although due to supply/demand the price may go up... at the same time it may go down. There is no promise of anything.

I cross my stock and crypto lingo sometimes, and I actually have more respect for you for catching it and saying something. When I use stock terminology such as shareholder in crypto, I don't mean it as a security. The meaning behind my statement is that I am a holder of a portion / share of the valuation of GRWI by holding, purchasing, and or utilizing GRWI tokens. Because I hodl, purchase, or utilize GRWI tokens I have a stake / investment in which I still have an expectation of some sort of neutral or positive return on my utilization. Just as is the case with the US dollar, as fiat is similar to a utility token.

Someone took some notice of GRWI today Finally have a little pick up in volume haha

This project smells like a winner  Cheesy. I'm in, just in time as it seems. Cryptopia here I come!  Grin

 if you spend all your money in one coin and if that coin price fall down then all your money will go in vain. On the other hand if you buy different types of coin, some of coin price will low in market and some of them will high in market. Thus it will not give you loss.

We are well beyond the DPOS stage and there has been a hard cap set. Please read our current white paper. If you have any additional questions please dont hesitate to let me know.

So I would like to clear something up really quick based on some of your comments...

Being a GRWI token holder does not mean you are a shareholder in GRWI. The GRWI token is a utility token to be used on the platforms we are building and because of that, there is no single promise of any returns, performance or dividends. This is not the stock market and our tokens are not securities. Holders are not shareholders.

If you truly want to help build value and a community then the way to do it would be to be active in the community, ask questions and provide support.

Thanks for being with us!

There is a difference between successful growth and development and maintenance of shareholder value. Let's take HEMP Inc for example. This is a budding company with huge growth potential that has only seen the occasional pump and dump. Although they are staged to be a leader in the hemp and CBD industries, they are lagging behind in shareholder value. This is because of widespread dilution in the shares of the company. Now I've personally met with Bruce Perlowin CEO of Hemp Inc, and I do believe that one day the dilution will end, but it will likely be because of a 100:1 reverse split or something of that nature unfortunately. Which in all honesty doesn't help the common shareholder.

Let's get real for a moment though, has GRWI maintained value in any way? yes the fiat value of GRWI has rarely dipped below ICO price. but the ICO was in BTC at 20k satoshis, fluctuating during ICO from about $.85-1.05. This from a minimalist understanding of the market is appealing, but when I say maintaining shareholder value I mean the currency that the ICO was in, in this case BTC which has seen substantial falls (at times when the rest the market faired ok) of 60-70% or more of the satoshi price. By my calculation and current market value, GRWI is sitting about $1 USD below what it should be if shareholder value had been maintained rather than diluted. with a current price of about $.84 on cryptopia or 9139 satoshi. This equates to over 50% loss in shareholder value GRWI - BTC. That's not a very promising outlook from my stock and crypto knowledge.

I've noticed that GRWI isn't big into marketing and hyped up claims, and I respect that, what I don't respect is the blind look at value. Dr Charles I reiterate that I want the GRWI to prove my evaluation to be too early and make me wrong in what I see. But I also want investors to assess the risk vs reward with proper information.

I appreciate that you are willing to discuss this without moderation. As we are both very passionate about Crypto, and I will continue to HODL my GRWI bags as  I know even if the project fails and the team exit scams, that I am good enough at what I do that I will recoup my investment. I mean i watched myself take $1k turn it into $12k and deplete it back down to 900$ when I was first learning. I won't mention what I sit on now, but I am playing on house money these days, and I am much more educated now than I was when I started. Once you're making the money it's easier to continue making it. My investments have become wiser over time, and my success ratio has greatly increased. My latest take was on Bitcoin Services Inc. Oh how I love being able to arbitrage stocks that's charts correlate to crypto Saw BTC falling in the late evening hours and placed my sell order prior to market open.

Honestly I do wish the team the best of luck, I just would like to see satoshi value maintained better than it has been.

Once DPOS matures when we reach soft cap. I believe it was actually one more 0 at 177,000 additional coins putting a soft cap of 1,597,000. After DPOS ends we move into a 5% annual stake with no hard cap currently set.  This allows for adequate inflation for market growth, although I believe that 5% is under what the cannabis industry will grow annually

Hey Legion, I mean if you agree that we have hit all of our roadmap targets and you give us credit for our progress... how is that not caring about token holder value?

The price of the coin reflects a no hype approach to development. Under promise and over deliver. We just released the updated whitepaper/roadmap and are going through a process of a swap to being able to utilize all of the smart contracts required for the upcoming platform.. When the market sees the amount of time, effort and development we have put into the project, the price of the token will correlate correctly.

Additionally, we are developing a "grow sim" type game to test different growth strategies which was never part of our initial sales pitch during the ICO... and yet additionally again we developed the first ever "eStakes" mechanism that functions similarly to traditional Proof-of-stake systems without inflating outstanding coin supply.

Instead of marketing some of these developments and hyping up the coin price just for the short term, we are waiting until we have a functional and tested product to roll out to you guys. We want to actually deliver something to token holders as opposed to vaporware promises like the majority of this crypto-space has become.

Please feel free to always voice your opinions here. They will not be moderated regardless of how negative they are, if they are negative. I am passionate about crypto and the things we are doing, so if I come off as defensive thats the only reason haha but I will be happy to break down additional developments and our strategies if you want. Please just always reach out and ask and I will be happy to answer the best I can.

I'm not upset, I'm well within the right direction on my widening investments. But I am concerned that shareholder value is of no concern to the team at GRWI. Not once did I put the roadmap and reaching those targets into question for GRWI, and yes I will give the team credit for their progress their, however a company that doesn't concern themselves with hodler value will fail in the end. I come from a background of trading penny stocks, and I caught the green rush in 2012 and 2014. Due to my educated picks, I have had holdings in many of the more profitable pot stocks at some of their lowest prices including MCIG, MJNA (how many remember it at $.02), ACBFF, THCBF , TWMJF (less than $2 familiar?), CBIS, and more. I was watching GWPH when it was $1.40 a share. Cryptocurrency is a huge opportunity for the budding industry, and as an advocate, I guess I just expected better from GRWI. I'm not here to bash you guys or spread FUD, I'm just pointing out some facts that are concerning to me and which I feel other investors should be aware of prior to making a decision. I would rather someone choose to buy on an educated decision than a whim. I'd like the team to prove my latest assessment wrong.

Simply put, markets cant always go up... and the intention to swap to ERC-20 has been there from the start so its nothing new. We need the smart contract functionality for our platform which is not available on the current dedicated blockchain. I understand where you are coming from when your money is involved and you see the price going down and I do not mean to come off harsh or rude but it is a risk we all take when investing in a nascent industry with an even more nascent project. To compare GRWI to the other cannabis coins you mentioned doesnt really make sense as we are attempting to do something entirely differently and with much less time under our belts... (example... Dopecoin was launched in 2014 and re-launched in 2017). By participating in any ICO you are taking an inherent and long term risk for the success of a start up business. We have met just about every road map goal through our first year of operation and we will continue to do so. How many other ICO projects from last year can make that claim? I cant confirm this number but I was reading that more than 80% of ICO's last year have already failed or gone quite... and here we are.

If you are not happy with the progress of a legitimate project and you are looking for much shorter term gains on price spikes and dips driven by no real coin development and just speculation, then maybe GRWI is not the project for you to hold.

It was announced here that GRWI was partnering with Paragon. Of course I'm aware that the whole market has been in a downtrend for the last few months, but GRWI has rarely seen it's ICO price in Satoshi since the ICO, It would qualify as a lesser performer in the group of successful ICOs . In fact GRWI is closing in on historical lows since ICO in both Satoshi and USD. DopeCoin, PotCoin, CannabisCoin, HempCoin (THC), and CannaCoin have all outperformed GRWI, since inception both in growth and maintenance of value. It doesn't take a genius to look at a chart and see this. GRWI had the better framework, but is giving all of that up to swap to an ERC20 token, and in the span of my first comment to now, GRWI is down another 1489 satoshi dropping to 7204.
DPOS was a nice concept, but the coin is dying since harvest, the buds never flourished, and daily trading volume has been decreasing since inception. If you don't like me calling you out then let's see the true potential of the team.

Oh and if my facts aren't enough to show how far off the path GRWI currently is...I hold enough coins that I could drop the price of GRWI another 20% in a single sell, and I'm no whale.

Have you not noticed that the entire crypto market has been in a downtrend for months or do you just have selective blindness?

btw... Paragon mentioned they wanted to partner with us but we have heard nothing for their team since then.

I had so much hope for GRWI, but the move from their own chain to an ERC20 token is a disaster at the end of the day, and the constant trend under ICO price is utterly disappointing, I should have jumped ship the moment you got on board with Paragon, but I blindly waited in hopes that it wouldn't be all bad. Guess I've been wrong as the price continues to dip further below ICO. 8693 Satoshi at the time of posting on Cryptopia, ICO on Cryptopia 20,000 Satoshi. Great job losing value team...

We have the finalized White paper completed and Ryan will be releasing it soon which will provide greater detail for you but just from an intuitive standpoint, seed-to-sale tracking allows you to literally track a cannabis seed from the time it is planted to the time it is retail sold and every step inbetween.

Strain chain is essentially a system/function to register new strains and all of their details on the blockchain. My thought is that it is similar to like filing a patent.

Grow contracts are just that. Smart contracts directed at the grow cycle side of things and everything it entails.

Again, more detail will be provided in the whitepaper.


Please take a look at http://www.grwi.io and do some reading. If you still have some questions, please let me know.



The benefit of our platform and utilizing any blockchain is that all functionality is transparent. Criminal tend to not like transparent. Short answer is yes, there will be checks and balances to make sure people dont use the platform for anything other than its intended purpose.