Topic: [ANN] Streamix(MIXS) - DeFi Streaming & Gaming Platform (Read 547 times)

OG. This thread was quite abandoned that I don't remember I have unfinished discussion with you. Your reply that I quote above didn't help either, because it seems you answered several questions at once in a whole paragraphs instead of addressing them one by one.

I believe my question was not answered, so allow me to quote myself to repeat the question

This proposal aims to burn 100 million MIXS tokens going into 2021. To start, we will burn 25 million MIXS tokens effective December 25, 2020.

https://snapshot.page/#/streamix.eth/proposal/QmcH6NfknGvpfEMCR7MTjPKX3PNbM3TAEJ7xwhtvpgKAoq

According to our approved governance MIXS toke burn, we've burned 25 million MIXS today. You can verify it here: https://etherscan.io/tx/0xf21215dd7e6f294ba3e466b5092330a5e86fc90dd0283588ab3efd3ffe07a303

As I read, unsold tokens from the sale will be added back to the DeFi pool allocation. But why you don't want to burn it? Maybe it is better?

I can see that, especially since the term DeFi has been used so much lately that its meaning has started to drift.  That said, every project needs to start somewhere. Usually the descriptions are likely what a project is aiming for, not what the minimum viable product is currently. Right now holding tokens are for those that believe in the project and would like to see it succeed, and to me it would seem the small amount in circulation now are for doing just that. Liquidity on Uniswap is currently locked up, and if more should be needed I suppose they could add to it. However, for average folk (apart from early supporters and pure speculators) the best way to acquire tokens would most likely be to earn them while using the platform, or performing bounty tasks.

The MVP is just that -- to make a product that the community would want to use is one that that same community can be a part of while the meat and potatoes are being cooked. If crypto has taught me anything, it's that your opinion matters, especially when supporting projects being built when you can arrive on-site while they are digging the foundation. Being able to be a part of something and help shape it while it is being built is one of the most thrilling things about this space. Projects that are built more slowly typically have stronger and better thought out first floors to get in on.  Nobody wants to jump into a $YAM ship only to realize that they forgot to seal the cracks in the baseboards because it was rushed out the door.  Let's build this right since YouTube has show us time and time again that it's not about you.  Its more like the royal "we".  ThemTube?   bah.  Let's take back the control we have let slip through our fingers.

Here is the link to our Uniswap MIXS/ETH pool with total liquidity $6,348 https://uniswap.info/pair/0xac677d7971e65aef70141634c98572e0f31380c6
This is the link for the Uniswap MIXS/USDT pool with total liquidity $1,223 https://uniswap.info/pair/0x95c8a907661d7f09083fc77c6c3d5b8f8da6425f

So can you please explain where are you getting the $1100 number from, and share a screenshot or a link may be? Your numbers are not even remotely close, and let's say if that is all a project had to start with, would that be an issue and why?

Why DeFi? we already mentioned that we have MIXSWAP on our immediate roadmap which will be interoperable across blockchains, and act as one platform primarily to swap Ethereum and Tron tokens with the help of existing liquidity pools to provide ease of access to our users.

We want to make sure that MIXS token has multiple utilities and it should be more than just a rewards token in order to bring most value to our community, and hodlers. We want to give them reasons to hodl MIXS tokens by being able to participate in community governance, have input in decision making, and introduce vaults where users can stake MIXS tokens to help provide liquidity.

Community governance, general decision-making & yield farming is just not the new hype, it's an advanced form of gamification within the sphere of monetary democracy, and we are spearheading into this with the help of our platform that will incentivize users for doing their favorite activities.

Below is the link to our first AMA where we discussed some of these points, and also addressed the concerns about marketing and team token allocations.
https://www.facebook.com/watch/?v=854602661743238&extid=ZHIPXDBzBKr8ZTIG
Thank you all for your support.

I guess they are just using the name DeFi on their platform just to tell that they are a DeFi project but when it comes to implementation, I don't think they can attract users here. There are so many social media platforms already and I don't think we need another one that will clutter our life. Anyway, let's see how the team will respond to these questions.

My exact purpose of chain of question is to know about this too; why and how? Why'd people need to integrate all of their social medias into one using a third party? How could that be beneficial? And how's defi sat on this scenario?

Dev took a long time to reply, though

Lol! Was going to ask why does a social media streaming site needs to be Defi? Will they be handling any task relating to finance, lending etc, Defi is jsut a marketing name to some project it seems, even though the project concept and ideas has no relation to Defi they prefer to tag it as one since this is the latest trend and the selling point of most projects.

In fact, I don't understand the term DeFi Media Streaming at all. Because the token is available on Uniswap with liquidity of $1100? For me that is not an argument to call the project DeFi

TBH, either answer will bring another question, I'd just like to limit the situation by knowing your mindmap. Now, as you planned to be a complementary to existing social media platforms, let's just say Instagram and Twitter, how exactly will your system be integrated to them and how will it be different than if users accessed their account through the native app?

How you know that they won't dump these token on market orders? You personally know them or part of this project. Only 3 persons are involve in this project so from my point of view they want to make quick money with this just having fun. Even they are not interested to give any reply on this concern.

Hi All, for social media we will be complimentary but we will do our best to encourage platform users to create content and share it to other channels from Streamix platform. For streaming services we will be substitutionary.

We have invested great amount of time and resources to get this project where it is right now, and we will continue to do so until we have Streamix network and MIXSWAP up and running. Also, we have locked our liquidity pool for MIXS/ETH pair using Unicrypt till 08/28/2021 so no one from the team can touch it, and anyone can check it here https://www.unicrypt.network/uniswap-browser/pair/0xAC677D7971e65aEf70141634C98572e0F31380C6

We have also added MIXS/USDT trading pair today https://uniswap.info/pair/0x95C8A907661d7F09083FC77C6C3D5B8F8DA6425F  and will update here as soon this liquidity pool is locked as well.

Thanks for your support guys  

My thought exactly when I askwd about what'll be the guarantee that they won't be an exit scam, bevause uf team didn't have any plan to lock up their token, project is not even worth investing as team could dump anytime they want

This is most certainly true, with such percentage it should have been in lock up for some period before release if the team are really concerned about the growth of the project and not another quick money grab project, the defi trend is recking  lots of investors.

Can you please answer my previous question about token allocation for the team?
It's really huge percentage based on your total allocation.

In the past, a lot of project which have big allocation for the team and then after listing they sell all token and dump the price..

I think you will not get a very honest answer on your second question. Because who will admit that they are here for quick gains only? Of course, they will give reasons on why they will stay on this project and develop their platform according to their objectives. As DeFi projects are sprouting like mushrooms, they will give reasons on why they are worth your attention and of course your funds. But let's see how they will respond to this...

Hi, i think you missed my question here. I would be glad of you can address the enquiry on your next reply


Meanwhile, for this answer of token allocation, one question that sparked in my mind was, "what'll be the guarantee that you wont leave, or exit scam?"

We're aware of the nuances of Ethereum blockchain and its security. This allocation was predetermined based upon our planned soft launch on Uniswap and impermanent loss issues on all DEXs. Our team is aware of the large distribution; however, we want our community to know that we're planning to be here for them and going into the future. With the help of Streamix network and MIXSWAP we are bringing ease of access to our users while giving them rewards to keep them engaged.

Also, we are planning to announce beta testing of network.streamix.io soon and will share the invitation code with same announcement so users can participate.

They have more questions than the problem they are solving. Project should solve something or it should be something new in market. They just come with idea of social media and rewarding which is already existing idea. There is nothing new and DeFi is used to attract users only.