Topic: 📢[ANN][PRESALE] Base Protocol: HOLD ONE TOKEN - HOLD ALL TOKENS | [BASE] 🚀🚀 (Read 3938 times)

BTC is growing again as we see, what do you think? Many experts predict that it will go down to 16k-17k, while others believe that it will rise to 21k

If the rebase would happen multiple times a Day random it would better to use it as a hedge token, I think it will be a good way

So what are your plans for the end of the year? Not a little left

The greater the rebase frequency, the less lag there is between what token supply is and what it should be. Rebasing
once a week would mean longer supply disruption periods than rebasing once a day or every few hours. Lower
rebase frequency means bigger expansion/contraction events, while greater rebase frequency means smaller, more
stable events.I read it in white paper

The base needs real investors, not those who sell below the pegged price and then start crying, or blame the whales!

You should look at the MC and what you paid for your Bases. At the time MC is the same as the price you paid. You are going to have the same money that you invested?

I think this is not all, there will be more amazing news

Not really if they are selling at a higher MC

Hello guys, how long has this platform existed? I understand it quickly began to develop, first place in uniswap, and they also write messages in telegrams without stopping

When people sell after rebase there selling at target base price ...so in a positive day there technically not selling high,what's your opion?

Probably benefecial to buy now if it is to go up,meaning it may not technically peg to 57 cents since people are buying

White paper to help you

Hello everyone I would like to know, what’s the benefit to buy now or after rebase?

I think DDIM, BASE and FRM

Hello,Is there a website for the tokenomics. For example how rebase is calculated?

Well if it rises it will be good for all platforms and investors

Hello,the rebase happens with an airdrop to those who own Base tokens in case of expansion?

The price is currently unstable, which means that the price may rise or fall, but what do you think about it, what is your forecast?

Hi,I heard that takes are locked for the first 3 days. It is a security feature, but they are changing this in the future, so there won't need to be a lock

It looks like the rebase factor is aiming to peg the price close to $1, and not the cypto market cap, is that to slowly bring the price back to desired pegged price?

Why is my cascade stake locked right now? Seems that I can't withdraw it freely?

You should post this site to the baseprotocol.org control panel

Nope the opposite actually! Positive if it’s above, negative if it’s below

Hello,what does base rebase against? anyone have a link to the exact underlying market cap?

Won't the rebase be negative if the token pricfe if above the target price?

Not yet, I follow the news, they are still silent about this, and they write that they will announce if this happens

It will be available on uniswap and 1inch, and in my opinion it has already passed

Hi guys,do you plan to provide listing on Probit?

Will there be base available via balancer?

Great answers buddy, I wanted to know too, thanks.

They cooperate with Link, will be used their oracle.

Guys,do you plan to provide any cooperations with other platforms?

They don’t have a referral program yet, I don’t know the reason, but you’re right, it would attract more investors, but the fact that Base entered the number 1 rating in Uniswap, it has become much more popular.

Have a nice day everyone, What about competitors? Do you have any?

With the way Base is shaping up and workable system should be a walk in the park.Its getting bullish by the moment.

Do you have a referral program? If not, why are you going to do it? This will attract many users to invite more people to this platform.

Crypto industry is good option,hope team will make well-workable system

Well in simple words, Base will mitigate your exposure to only single tokens/coins but at the same time expose you to the gains of the entire crypto market. Also, plays a huge role in hedging your trades for day traders and everyone alike.

This is a great achievement for this platform, congratulations Base

Hello everyone, do you have GitHub page?

What solutions do you use in base protocol?

They should wait, base protocol is developing fast, so it will be amazing to provide new events for community, they should have good promotion to bring new investors.

I think staking can be good for token liquidity,so team can make it for the community

What's the total supply of base?What do you think about this, do we need changes in this?

Hi,what updates are you talking about?

Hello everyone, I'm curious to know if there will be round b after listing? Do you partner with any blockchain influencers?

If crypto mcap raises and you stake your base you will have nice passive income

Base protocol has amazing options to become the top blockchain platform,so I wish team will provide several updates for passive income.

And are they planning a cex listing now or not?

I hope the team will start promoting the platform, this is necessary to attract new users to the base, and at the same time the liquidity of the token will increase.

Hello, there will be $ 320,000 in liquidity when Uniswap is launched. It's hard to say, it may rise or fall.

Hello guys,what token pairs will be available on uniswap?And how many tokens do you plan to provide for listing?What do you think about btc price? will it rise?

There will be $320k in liquidity on Uniswap at launch.

What about cooperation with payment services?Do you plan to make it?Or you are going to create your own?

Base will change the way crypto thinks about index token n hedge token, perfect index token and a hedge token.

Good afternoon everybody,what options do you plan to add to base first?And do you plan to add liquidity pools?

Hello, check this news https://t.me/baseannouncements/12

As I saw duckdao and base has good cooperations

Yea,they're fortunate to have such experienced & committed supporters to ensure that Base Protocol reaches its true potential.

That will be good if team makes ama sessions more often,we should bring more users and investors to this platform

So far, they have been covered by Boxmining and Ivan on Tech, and hope to do more with them in the future. And yes, we will be doing more multi-influencer marketing this week and next.

Do you cooperate with DuckDAO?Is it a good platform?

Platform will be almost full functional after all sales rounds ends.Next step cascade system launch.

How long will it take to provide full platformWhat are you going to do?

So rebase isn't exactly every 24h?

What about base protocol advisors?Do you have any?And what blockchain influencers do you plan to cooperate with?

You will be able to trade it on exchanges.

Hi,from beginning of 2020.You can also review their Github page.

Do you plan to provide any bridges with blockchains?It will be good for promotion.

This is a very good question.

They should think about it. They will let you guys know. These cryptocurrency markets have just gotten out of hand.

How long has your project been in existence?

Any chance of listing price increasing again to reflect the growth in crypto market cap?

You should read through their medium. Not only is there important info about base, but also about defi in general

But is there a source we can check from, or do you guys have an oracle pulling data from sources of differences?

I think it will be nice if team makes short videos about base protocol

Hello everyone, I have a question, what trading opportunities are you planning to add to the base protocol?

They took it from a 6-9 different sources.That's help to avoid any data manipulations.

Rebase doesn't bound to the Uniswap listing. It will happen at least in 24h it is bound to the cryptocurrency marketcap.

Where are you taking the data for the Market cap ? Coinmarketcap ?

How long after listing on uniswap will the first rebase happen? I know it's every 24h, would that mean rebase 24h after the uniswap listing?

I believe BASE is the future of crypto investing!

Have a nice day, everyone, how are the successes of working on the team going, are there any changes?

I was also interested in this question, I found out what was needed for myself, but when I asked this question in the group they answered that they would soon announce this.

No doubt it's cool, you're right that Base is so underrated right now

The team is pushing heavy, market will respond soon, big bags waiting for pickup

When does the base price get locked in for the rebase? at what time? is it before the rebase or at the time of rebase?

I see base is planning on reaching out to institutional investors in q1 for adoption.. Can you elaborate on what type of institutional investors are looking into Base?

I think it will moon hard soon. Is it on track for a positive rebase today ?

How can I know my cascade ammount now, I just see rewards, but can I know how much Base and ether?

What's the website to claim the tokens from first rebase that were owed?

They will make rewards much more predictable. Anyone who is staking in the Cascade, or plans to use it in the future should be sure to read

What about Base updates for this month?

For everyone who is staking BASE, whether it be in Sushi or in the Cascade. You can now see the BASE and ETH amounts that you should have staked in the liquidity pool.

Yeah if still have Eth most lose 90% their investment like meh no Eth left

What should we wait for next year?

If the online people only start buying some Base instead of winging then we see a positive rebase.

I advise you to just look and read on the website or in the telegram group, there you can find information about this

Where can I find more information about the team's plans for 2021?

Not yet, but it seems that most people from the private sale token release will not sell and expected to stake on the vault, we can expect those big buys really soon

Have the private sale tokens been release yet?

When i withdraw from cascade will i received the liquidity that i initially provided?

When is the exact time the presale tokens get released?

2020 was a good year for Base,hope the next one will be the moon year!

They say that they will fix it in the next update. It should have already been announced in the telegrams to the group.

Target's Eoy, so I'd guess more info will be released in the coming days!It's funny - when I see Eoy it still doesn't register that it refers to this week.

What kind of rewards are given for locking base in the vault? I assume similar to cascade?

We just need to hold price above MC,hope we don’t get a major selloff before rebase

This is token is good for investment if all investors hold strong

What do you plan to do first after the New Year?

Something strange with this Base tokens.

Got 49.004158262 BASE tokens 2 days ago, yesterday transferred all of them to gate.io and sold them. ERC20 wallet shows that I got 44.93816508 BASE Tokens. Strange, because that number 49.004158262 BASE I have copied from my wallet. Anyway, I have send all tokens I've got, and wallet shows that I still have 4,065993182 BASE, which is a difference between two numbers above. But when I enter BASE token on my wallet, its amount is shown as "BALANCE 3.725531768 BASE".

Totally confused...

Yesterday I have received 49.004158262 BASE tokens, but I did not participated in any airdrops (dont remember if there were any) or bounty. I remember I wanted to join twitter bounty campaign, but bounty managers negative trust made me change my decision. Now I receive ~$55 via multisender and did others. Thanks, but dont know for what activities I was rewarded...

yes maybe you have to be a little patient to get the right moment to buy BASE tokens, but don't be surprised if the tokens you have will shrink, I don't know exactly what caused it to shrink but I experienced it

Maybe it can be happing because base have been listed two more best exchange like mxc and gate. If team can improve there best development roadmap with promising then price will continue growing. If I will got cheap price then time to buy, maybe I should wait some time for it.

progress of Base Protocol has been seen at this time and now has many partners as well as base protocol prices which are slowly increasing on the other hand I also store BASE tokens in my wallet, then why do my tokens decrease without any ongoing transactions, I experience it only in BASE tokens
looks very strange and harms me

It's also already listed on cex exchange, it was https://www.mxc.com/trade/easy#BASE_USDT. But for sure, listing on a large exchange will be their primary objective. In the telegram group, I saw no plans by the team to list it on more exchanges, but it might come as a surprise.

Guys, when will the exchange be? I know that tokens can be sold on decentralized exchanges but such a large commission turns me off.

There’s multiple ways to stake right now lmao.The Cascade has a 400% APY that goes x2 after 30 days and x3 after 60

every project has risks. and every new project specially those doing presale, tokensale, IEO, ICO are even more riskier. so don't invest in them unless you are very sure about them. or you just want to invest and ready to loose your money in them.

because when you sell their token's value drop. and when you and a lot more stake (means hodl) then their token's value increases. that is as simple as that.

Damm... this useless shit going to zero...
Founders created one more scam already, which turned into zero.

Be carefull, guys!

I saw the token exchange and the token has several active exchanges that you can use. But will this happen in just a moment?

i think not only uniswap but this token already tradeable on other exchange too
you can see the lists of exchange to trade this base protocol in the link below
https://coinmarketcap.com/currencies/base-protocol/markets/

Can anyon explaine me how their "rebase" works? As I understand If price decrease than token supply is decrease twice too, and if price increase token supply is increase twice? Does it means that if I have 1000 tokens for example and price decrease than I will have only 500 tokens? Or how is it works?

I think it all depends on the current MC if you are certain that total MC today will increase then for sure price of BASE which is pegged to CM will also increase one thing I always checked before buying rebase token is the target price proper analyzing on how rebase works will make your day profitable, cheers.

Bounty manager should please allow chat on telegram group, we have complains

The rise and dump of this token is something I was envisaging, the team will try to proof they can do better with this project than the last Spectiv project where there is nothing out there to show for the funds they raised. It seems the team is trying to weather the FUD for now but it all about the next waves of FUD for me,, I was holding Spectiv tokens for long thinking the team will bring out real product until the tokens dumped to the floor, if they can show this is different long term that would be very great.

Yes they had before launched on Uniswap exchange. Actually I see on YouTube channel The crypto lifestyle where you can get 25% reward buy investing with his Link. It's for his community only as a sponsor.

It's obviously Ampleforth

It's with chainlink https://twitter.com/BaseProtocol/status/1335407800139255808?s=20.
Don’t miss the Base Protocol and @chainlink live Q&A on Youtube, December 15th.

You need to learn rebasing model system about how it works? Here is the example https://t.me/baseprotocol/130579.

Wow. is ranked 1st and has a good price if you have a large number of tokens. Does the price continue to grow? or even experience a complicated thing.

Over 5 Million in Liquidity & over 100 million in last 24 hours volume for this Rebase Gem. Ladies & Gentlemen...buy the Dip...let's get 100% Rebase today.  5 million in Liquidity should be your SIGN that this is a legit Project that is Sustainable for the Long Term.  Getting listed on Mxc & Gate.io & other Exchanges verifies this.  You will regret not buying more now in less than a week.  Your children will regret you not buying more now in three Months when you look back and realize that you have missed a Golden Opportunity to increase your wealth.  The simplicity of building wealth in a Rebase token by compounding gains is hard to grasp with our linear minds...as all we have to do is buy dips and hodl.

The total supply of base token was almost 9 million tokens and it doesn't need any change. The team is feeling good with the current total supply neither with the investors as well.
https://coinmarketcap.com/currencies/base-protocol/
More supply already added as it has been going rebase for a few times. The total supply will be changed everyday.

Here is it: https://github.com/Base-Protocol

Base Protocol has reached #1 for Uniswap volume Unicorn face. The $BASE community is amazing.

The contract has also been fully verified by HalbornSecurity!

Audit: https://github.com/HalbornSecurity/PublicReports/blob/master/Solidity%20Smart%20Contract%20Audits/Base_Protocol_halborn_report_V2.pdf

Buy BASE: https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x07150e919b4de5fd6a63de1f9384828396f25fdc

How to Stake: https://medium.com/baseprotocol/how-to-use-the-base-cascade-df96381f166c

What are you talking about? Base protocol bounty campaign is still ongoing and there is no distribution yet, stop spreading news that aren't real, the allocation for base protocol bounty is very little like 40,000+ base tokens or something, that isn't much to drag down a project that has over 6 million trading volume

at least it was affected by the spike due to the dumping by bounty hunters, but if the team had prepared everything perfectly it only had a temporary effect, and ultimately those who threw away cheaply would be at a disadvantage if things got better, but before that let's. see how it all will happen

Been following this project since from the start and its a good thing they finally launch on trading very successful project price spikes really good when you check at uniswap volume is almost $6m and I don't think bounty rewards will have high impact on the current price.

Lol the team was putting 0.5% from the total supply as allocation to be distributed to the bounty campaign. This coin has million dollars of daily trade volume and I guess if that will not give a huge impact to the price. The total token for bounty should be around 8.9 million and that means the total token for bounty was around 44k tokens

good I saw the price of BASE tokens soar to the top and soon the bounty will end, how do you deal with situations like this, when bounty participants will throw away their tokens, will this have no impact?

Come on Dev, I can see you're online, and you still didn't answer questions asked here. Hiring bumping service and abandoning the ann thread, were you giving up trying? Can I start a scam accusation thread to warn investors of the risk dealing with you now?

The dev is only actively giving response on the tele group. It seems like this thread has started to be abandoned by them all. It's quite interesting to see the developers who failed to develop a project tried to the money again. These bumpers were also flooding another thread too.
I don't know how's behind these bumpers but it's really annoying to see that.

Yeah, in their defense, it was due to the failed project they had and they've do the best responsible possible by refunding at a higher price than market, although it's still lower than ICO. I came with full intention to give them benefits of the doubt, but it seems there's nothing to be benefitted from the doubt

I don't think he will answer anymore) it's easier to launch bots and pretend that people are interested in it. I don't know who will lead to such a pitiful sight. The project's reputation after this is simply negative.

So Dev, your thread were flooded with spam from bumping service, and you were online few days ago but didn't bother to answer my question, how is this suppose to encourage investing in you?

Well, let's just say I failed to understand your WP although I've read them, and instead of us talking in circles and went further and further from your truest concept, let's just eliminate the confusion. If you'd be so kind to directly and as simple as possible to answer these questions:

1. Will you or will you not directly give more token to holders, in case of crypto total supply increment, to stabilize price?
2. In case you will, in question number 1, what will you do for the case of crypto total supply decrement? You certainly can't take tokens stored on holders personal wallet

I can confidently say that we will be converting all of the initial money received to a stable currency.

Right now there is no way to "buy" BASE. You can sign up for the presale application on our website: baseprotocol.org/presale

I held on to this tokens through out 2018 and the project was left to die, and the big question is that, how are we sure that this project won't end up the way Spectiv did. I have always said it is naive of any team to hold on to the fund raised in crypto, atleast convert part to fiat that can cover your running cost for 2 years

Rebasing only affects supply, what you're talking about now is about how arbitrage can affect price to also help stabilize. At the end of the day it's very simple:

BASE price above peg price = Supply increase

BASE price below peg price = Supply decrease

We do increase the supply. As it shows in our whitepaper, if supply is 1, and price doubles, then after a rebase supply will now be 2. That supply change affects the entire BASE ecosystem, and every single wallet accordingly.

The rebase method has been allowing the developers to did a modification to the total supply of coins to make it become stable on its initial price.
This project was taking the idea used by AMPL. Some projects have been doing the same too.
When the token price was getting dumped and the developers will be issued more tokens to make the price will be equally with the initial price before it gets dumped.
Im only sharing about my knowledge from AMPL. This project is actually wanna copying AMPL. The idea was almost the same.

How is your token can be plegged to overal crypto market? The value of tokens depend on demand. If mcap 350 bln but people dont want buy your token it will be dumped and vise-versa.

If that's your answer, then we're back to the point where I questioned your method to stabilize price, because that is where the confusion began. According to the general idea stated on this thread, as well as confirmed by you on the answer I quoted above, stability achieved by airdropping token to holders, proportional to the increment of crypto marketcap. But, at one point of your explanation on this thread, as well as what's stated on what I screenshotted from your WP below, your attempt to stabilize price only stretched to increasing and decreasing supplies, while the actualization of price correction themselves depends entirely on holders action to sell and buy. In other words, if they wanted to get (for example) from 1 BASE to 2 BASE, they need to bid 1 extra BASE at certain price. They need to BUY, because token will not be airdropped to them. And only after a transaction finalized, a stabilized price will occur.





Tell me, were the people who write WP and moderating this thread different people with different understanding of how the project works?

As we are now on the same page about how you'll "stabilize" your price, namely by airdropping token to each holder respective to the increment rate of total crypto marketcap, how will you execute this method for the case of total marketcap decrement? Just like they're subjected to increment by minting and birth of new tokens, cryptocurrency suppliws are also subjected to decrement by burning, delisting, etc. You'll take tokens from your holder, then?

An experience will make us more careful about what we want. I agree with you but we should continue to monitor this project and to what extent they will develop in the future.

I'm reading the Litepaper presently, and it's the latter.


As a non-dev I'm not sure yet how that will be achieved technically on Ethereum.

Okay I'm seeing the explanation from Base, anyway you guys started with a Blockchain project before (it failed). I don't want to make you difficult, but if it started and failed then the end is my experience. I was also curious about Base's upcoming fundraising process.

And you're missing the point of my question here. I don't give a bother about the numbers, I understand it was just a rounded up numbers for an easy to grasp example. My question is, the way you regulate the value to be pegged at certain number, will it be done by increasing the total supply or will it be done by distributing token generated from the differences of previous total supply and new total supply to each of the holders in proportion of what they own?

I think there is a little confusion here. In the original example, John would go from 1 to 2 BASE tokens, that is still very true. We are simply saying that the rebase percentage can be any percentage, it all depends on the target price and current price of BASE. We actually built out a dashboard on our website, so that people can easily understand the numbers behind the rebases.  https://dashboard.baseprotocol.org/

As for the red trust... that is simply malicious activity from users on the site, and there is nothing we can really about that.

We will not be talking about this subject very much in the future because we have already commented on it, and it is mentioned on our website directly in our team section. I am providing this, so that you can actually see some numbers that we provided a long time ago in relation to the expenses. We were always extremely transparent about our expenses in the company. Last thing, we never said that developers did not take a salary; it was the two co-founders who did not take a salary in over two years. We ensured that our developers were paid a fair wage. You can check out this article, just to get an idea on our spending previously.

https://medium.com/spectiv-vr/2019-spectiv-status-update-5412b4f409a5

Now this is rather confusing. On your first illustration with John, you regulate the price by adding more token to John (from 1 BASE to 2 BASE). By this recent illustration, it was the total supply that's affected, while the amount of BASE each member owned is not affected. Which one is correct? Because although they look the same by glance, they're actually extremely different.

Price is pegged by adjusting the total supply of BASE correspondent to the peg disruption. That could be a 100% adjustment, 20% adjustment, or even a 1% adjustment.

The team does not have control over the rebases. It is a feature built into the smart contract that affects all tokens in the ecosystem. Anyone, anywhere can call the rebase to trigger at the rebase time.

I see an open conversation. Could you give information about how and how much money you spent to develop a previous project? So far, I only see your words that the developers did not take a salary. These are words, I would like to see digits. Expanded information will give you a new reputation.

An attractive starting price in my opinion but it is true whether they are able to maintain that price or get a higher price than that. But I will see developments that continue to appear in this thread.

I'll focus on this matter first before attending to other matters. Based on your example, you peg the price by doubling and reducing the amount your user hold? And how is this achievable? Doesn't it imply that you have control of every token circulating?

The ATH of $ value in ETH is not relevant. ETH was spent on an ongoing basis as needed to support operational costs. There were times where the reserves value was high and times where the value was low. Still, even when the market hit its low in early 2018, the team persisted and did everything possible to weather the storm. Downsized the team, switched to remote working, cut out all noncritical expenses, and Nick/Dylan did not take a salary at any point from 2018–2020. As time went by and markets held low, we foresaw that reserves wouldn’t be able to support hosting/development costs much longer, and that it wasn’t prudent for us to continue expending capital to maintain a sinking ship.

Unlike many teams, we went out of our way to refund reserves to buyers as we saw an imminent downfall – and didn’t pay ourselves a penny from those reserves. We held ourselves to the highest standard of integrity throughout the lifespan of the project.

Lastly, it is important to understand the nature of startups. They can succeed and they can fail. This is the road of innovation.

I like this forum with the opportunity to scrutinize any project (unlike the telegram) without being ban from the group or messages deleted. Am really attracted to the project with the way I see it everywhere, more also with the AMA. I think the team might need to tell everyone the refund when this accusation rises and might provide evidence often

The Spectiv team worked diligently to make the project work for as long as there was a feasible future. But when failure became imminent, we provided refunds. 2018 and 2019 were terrible years for the market, but we didn't quit at the first site of a market fall. We stuck it out through those years, until it was no longer responsible to do so.

Regarding your concern as it relates to Base Protocol, we are not here for DeFi hype. This is not a money game, APY-focused project. A crypto index is a real need which does not exist in the world today, and we've built the protocol which services that need. You can see that on the Github and Dashboard on the Base Protocol website.

And if crypto markets take a bearish turn, it won't be a threat to the operation of the Base Protocol. Unlike many other projects, the Base Protocol is not a revenue reliant business which requires customers for success. It is a decentralized protocol which achieves its utility / value on its own. There won't ever be a reason to "close the project."

Lastly, BASE is not a scam. More than 96% of funds accepted are through private "smart money" strategic partners who we are in direct, regular communication with. If it was our intention to "chase profit" or "scam," it would make more sense to open the presale to the public. But less than 4% is allocated to the public, through a community lottery round.

Not to mention, all BASE team tokens are locked for one year, then vested linearly over the next year - meaning it will take two years for all team tokens to be released.

The BASE team is long-term committed to this project.

10000 ETH in 2017! In tune of $14m from the ATH in 2018 and the project doesn't exist today. its a very disturbing revelation and red flag for investors.

We'll answer these questions in this response:

1) To determine total crypto market cap, BASE feeds total crypto market cap data from 11 different popular price tracking sources through a Chainlink oracle.

This is already functional, and you can see how it works on the interactive BASE Dashboard: https://dashboard.baseprotocol.org/


2) The way BASE maintains its price peg is through an elastic supply protocol which utilizes rebasing. This means the protocol will adjust total BASE supply, changing scarcity, to influence price to reach the target peg.


Consider this example, where total crypto market cap is $400B:


t1 : Starting Equilibrium (Pegged)

John has 1 BASE worth $0.40.

t2 : Price Increases (Peg Disruption)

John has 1 BASE worth $0.80.

t3 : Ending Equilibrium (Pegged)

John has 2 BASE each worth $0.40.


In this situation, the price of BASE doubled above the peg price. In response, the protocol doubled the total supply of BASE, which brings scarcity down, and influences price to return to its equilibrium. These supply adjustments are called rebases. There can be expansion rebases or contraction rebases.

This is how the peg is achieved.

as I understand from your message, you worked exclusively only when there was a hype ICO, as soon as it subsided, and the market went to the bottom, you closed at the beginning of 2020, and at the end of the year, when the defi movement began, you immediately return to the market, defi and ico are not eternal, and soon this hype will fall even more, what can we expect in this case, that you will close the project again ,since there will not be so many funds? I see that you are only chasing profit, this is a sign of scammers.

Interesting question here.

If they will based from https://coinmarketcap.com/ today the global crypto market cap is about $397.77B, so if in case you will take into account the current rate in CMC, their Base token will have a value of about $0.397. But can they really keep this value once their token is already in exchanges? What are their protocols to keep their value in exchanges be pegged to this price?

Past failed project aside, I'd like to know how you peg your token price at total crypto marketcap. Basically this project is a stablecoin, right? So what procedure do you take to stabilize your token at the said pegged price?

Second, which platform do you use to determine the total crypto marketcap to peg this token's price?

We’ve addressed our prior experience with Spectiv and the Signal Marketplace in a Medium article, which was posted from the day we launched. We’re not trying to hide anything – we are proud of our conduct as a team in these projects. Here, we’ll respond to the concerns you guys point out:

We launched Spectiv in late 2017 and ended it in early 2020. As you might be aware, the crypto markets endured a jarring downfall over that time. Many projects — even those who followed through on developments, built functional products, and maintained positive community sentiment — didn’t survive that downfall. Spectiv was one of those projects.

We and many members of the retired Spectiv community reflect fondly on the project. We built an innovative decentralized ad platform, made major industry partnerships, and maintained a spirited community culture over its lifespan. We also set an unprecedented standard for transparency — for example, by publicizing all organization expenditures and tax documents. Although Spectiv was on the tram lines to an industry collapse, the project was conducted with grace, excellence, and honesty. No Spectiv founder ever sold any team tokens at any point in the project’s existence.

As markets took a turn for the worse, we did everything we could to weather the storm. We downsized the team, switched to remote working, cut out all noncritical expenses, and Nick/Dylan did not take a salary at any point from 2018–2020. As time went by and markets held low, we foresaw that reserves wouldn’t be able to support hosting/development costs much longer, and that it wasn’t prudent for us to continue expending capital to maintain a sinking ship. We elected to refund all remaining ETH holdings to token buyers. Without compensating ourselves, we refunded all of ~1000 ETH in January of 2020.

To sum it up for you guys, 2018 and 2019 were overwhelmingly difficult years, especially for small cap projects. Even if we were magicians, there isn’t much that we would have been able to do to come out of that successfully. The same can be said for most other small cap projects.

But you shouldn’t be focusing on the success / failure of a prior project. Entrepreneurs try things – sometimes those things work out and a lot of the time, they don’t. That is the nature of startups.

But unlike many teams, we went out of our way to refund reserves to buyers as we saw an imminent downfall – and didn’t pay ourselves a penny from those reserves. We held ourselves to the highest standard of integrity throughout the lifespan of the project.

Spectiv was a defeat – one which was heavily influenced by an overwhelmingly bearish crypto market. That defeat is not a reflection on the team. If there is any takeaway regarding the team as it pertains to Spectiv, it should be that we handled that defeat fairly and put the community first.

One last thing worth pointing out is that all BASE team tokens are locked for 12 months, then vested linearly over 12 months. We are long-term committed, because like always, we have and will conduct ourselves with the highest standards of honesty, transparency, and integrity.

The fact that we’ve had a failed project shouldn’t sully your view on Base Protocol. It should show you that, firstly, we have direct experience in launching a crypto project – we know what to do and what not to do. Secondly, it should show you that no matter the circumstances, we have always put our community first.

Make sure to refer to the team Medium article, which has been on the Base website since launch:

https://medium.com/@BaseProtocol/base-protocol-team-f64d0b62aa35

Hey, this is no longer 2017 where you can easily steal 10k ether and i think your crowdfunding isnt even registered to your government. LMAO

By just checking things from website and github, I think this is a quickly patch-up job to get money.
Also are you even trying to ride the DEFI hype? Its pretty much gone down due to tons of scam.

why resurrect an old project ? unless someone else will invest their money there after they closed even with such fees) and this is a completely new project, you can lure new investors, in the hope that after 3 years, old investors will not remember them, so according to the classic scheme, close the project again)  well we'll wait for an explanation

so, the team who created this project is same with spectiv team
then why they didn't try to rebuild their old project ? seems this is really strange
i hope baseprotocol or spectivvr team will come here to give an explanations

Why are you confident in the success of your new project?  As far as I remember, your team failed in the last SpectivVR project, you raised more than 10,000 ETH at the Spectiv ICO and after a while the project was closed.
I don't think your team inspires confidence!
Previous project of this team: https://bitcointalksearch.org/topic/annico-spectiv-virtual-reality-decentralized-ads-10000-eth-ico-2296908

Reserved