Topic: [ANN]🔵🔵 OYSTER 🔵🔵 Anonymous Storage Generates Revenue for Websites - page 69. (Read 73403 times)

A week ago there's an email from them, saying that they'll distribute it 15-30 business days. Guess we have to wait more for airdrop

1) instead of paying accountants, managers, programmers, office rent, and ikea furniture for centralized storage solutions, the money is spent on PoW and ethereum miners.

2) The minimum gas payment can be made for the ethereum transactions

3) IOTA proof of work will be bandwidth-bound and not CPU-bound, since CPU heavy requirements are not good for IoT application

4) Intelligent wrapper manages the handles, hence is convenient

5) Cost of execution is what prevents any DDOS, if Bill Gates cared to he could take down the half the internet with a couple billion $. Oyster meshnet has same cost hindrance, if someone paid for it it’s not spam (cough core cough)

Response From Bill Cordes (CFO)

"All, to address the insider trading accusations, this is patently false. The selling we do is consistent and is a negligible portion of daily volume. To imply that we would dump on the market in large quantities doesn't even make sense. We would be bringing down our own sale value and lowering the future trade value of any additional PRL we sold moving forward. It works in the mutual interest of all parties for us to have as little impact on the market as possible. Funny enough, the main KuCoin account I use for converting PRL funds to more liquid currencies was locked for some unknown reason from Saturday until late last evening, so broadly speaking this wasn't even possible."

"Guys, we all know this sucks. This isn't ideal. But you should also know we aren't plotting some conspiracy against all of you. Almost every person involved with the project on a professional level has a large PRL position already or is being comped in the future in additional PRL (or both). The last thing we want to see is something like this."

"In fact, 95% of the circulating currency belongs to the general public at the moment. You realize there are a lot of people holding PRL out there besides just the company."

"You think salvaging an extra couple grand here or there would be worth trying to dump price for moving forward?"

As of April 21st, 2018, Oyster Shell (SHL) has been distributed via airdrop to all non-exchange wallets that participated in the snapshot taken last week.

To view SHL in your wallet you need to add the custom contract information listed below:
Contract Address: 0x8542325b72c6d9fc0ad2ca965a78435413a915a0
Symbol: SHL
Decimals: 18

Additionally, we are actively communicating with KuCoin to determine the best route to deliver SHL to their users’ wallets.

I got PRL super early too. Patience = Win - 100% true.

Check out:

https://www.futuretechpodcast.com/podcasts/chris-garner-advertising-evangelist-oyster/

Not trying to spread FUD but at this time PRL is no more than just a simple ERC20 token with no working product. Canceling the mainnet release just a few days before the promised date also doesn't help the credibility of the devteam. Look what happened to eBTC for example, I really hope PRL won't go the same route but you never know which project you can trust in crypto-land.

Expect the unexpected and never go all-in in one single project.

Be careful guys.

You really compare a airdropped shittoken with a project like OYSTER? It will skyrocket once the Mainnet goes live. Better to reschedule the mainnet than throw an unfinished product onto the market

Not trying to spread FUD but at this time PRL is no more than just a simple ERC20 token with no working product. Canceling the mainnet release just a few days before the promised date also doesn't help the credibility of the devteam. Look what happened to eBTC for example, I really hope PRL won't go the same route but you never know which project you can trust in crypto-land.

Expect the unexpected and never go all-in in one single project.

Be careful guys.