Topic: [ANN][TAO] Tao, AltMarket & FanMix - Real Solutions for the Music Industry! - page 21. (Read 93042 times)

The CEO gets to park in front 

The HQ:

http://i66.tinypic.com/13ykoib.jpg

Uh huh. So you can't currently even use TAO for it's ostensible main purpose, is that right?

But "in the future", altmarket won't be offering icon token sales with anything but TAO, but obviously there's no way to stop other platforms from doing so, or from OTC sales to happen? Or, if this isn't possible, what's the difference from said tokens just being stored in a centralised database at altmarket? Just the blockchain buzzword?

It just seems weird to me that if the point of TAO is to be the single point of entry for icon tokens, that it, well, isn't. Instead TAO/OBD is, at launch, not even an option.

It also seems weird to me how often and how many times the ostensible plan, deadlines, goals etc. have changed since the original launch of TAO. And I mean they haven't been small changes, but pretty radical differences.

Let me restate in full to clarify. Hopefully this will make sense to you.

Currently ODBcoin can be purchased during the sale by anyone with an account on AltMarket. Deposits are currently limited to ETH, BTC, and USD, with TAO coming shortly. This is just for the purpose of purchasing ODBcoin for the duration of the sale which ends in February. I believe Tao gives you a 5% discount, the same as what you get if you signed up to the pre-sale notification email opt-in that was up on the site before Dec 1st when the sale began.

After the sale is over, there will be the audit which will be concluded sometime between mid February and March 1st to my understanding. I'm not sure if trading will become available to the public before or after the end of the audit, but at the latest it sounds like it should be very soon after the end of the audit.

Once full trading is open to everyone, Tao will be the base for trading pairs for either most or for all alts on the market, and definitely will be the exclusive base for ODBcoin and all future icon token trading pairs.  

I believe BTC will be a base for some alts, but it will not be for any of the icon tokens, and would also not be a base for Tao in the proposed scenario. I'm not sure if BTC would be traded with TAO as the base, but I'm assuming most likely not in this scenario.  ETH will be the base for some alts but none of the icon tokens. I'm not sure if Bryce is considering decoupling from ETH, so possibly you might have it as the base for TAO.

So if you want to buy Tao on the market once it's open you'll be able to hook up your bank account, deposit USD and buy Tao directly, or you'll be able to deposit BTC and trade to an alt and buy with the alt, possibly including ETH. If you want to buy ODBcoin you will have to buy Tao first, no other option once the sale ends. Same with future initial artist token offerings.  

Should be interesting to see it.  In the mean time, I'm hearing electrum servers are up and running and one of the community members is working on an android wallet to be released soon.

Just to clarify, also BTC/USD and BTC/alts? And ETH/USD and ETC/alts?

Because that's how it's been now? Crowdsale of ODB for ETH/BTC, _not_ for TAO or fiat?

USD/TAO
TAO/alts

Makes sense to me.

BTC being the base for trading pairs only makes sense because it's familiar, not because it's the only way to do things. He's already said that it's an experiment and he can always add a TAO/BTC pair later if he sees fit to.

OK, so you're supposed to be able to trade BTC/alt and alt/TAO, but not BTC/TAO? How does that make sense?

No. He was talking about not having the option of trading BTC directly for TAO so that you could only trade it against USD or alts, which should have the effect of decoupling it from the BTC price. This has nothing to do with being able to deposit BTC or ETH to purchase ODB, which is what I was talking about above.

Hang on, didn't Bryce disable all kinds of BTC/ETH trading on alt.market to make sure that TAO would be "decoupled" from the rest of crypto?

Just because you don't have access to trading on AltMarket doesn't mean it's not there.






Just because you haven't created an account and used it to participate in the ongoing ODBcoin sale doesn't mean they don't have a product.

You've been able to deposit BTC or ETH since the beginning of December to buy ODB, and you've been able to link your bank account to deposit USD for ODBcoin for at least a couple of weeks now too. So what are you even talking about? 

Wow! Those green dots must mean that Tao is truly the superior tech. Now if only I could buy it without using a discord moderator to be an escrow... now if only alt market launched an actual product. If only. If only

I think a lot of people miss the fact that Tao is a full blockchain with mature Bitcoin-derived technology, not just some ERC-20 token. Here's a handy reference guide to how the Tao features stack up compared to some of the most popular cryptos:

Oh coooool, am I a russian bot too? 

First of all, you're responding to a copy/paste bot, congratulations:


Second of all the reason why TAO got delisted from its final exchange is it have very little volume. Like less than a thousand dollars a day. No reason to support it when there's literally a thousand other more active coins to choose from.

Also, its pretty funny to hear Bryce unironically complaining about corruption in the market. He's one of the most well-known swindlers in the crypto space, and y'all just got swindled. You put your head in the mouth of a fat, middle-aged hyena, what did you think was going to happen?

You can open a ticket on those exchanges and request Tao, but I don't think those exchanges will list new coins unless they can extort a listing fee. And they may also rightly see the AltMarket as competition and not want to support it. The rumor I'm hearing is the regulatory bodies get their new funding Jan 3rd and they will begin really cracking down on the bad actors in the crypto industry, which may mean the end of Bittrex and Poloniex since they are/were definitely trading securities illegally.  

The AltMarket opened December 1st without fiat access due to a last minute regulatory hurdle, but it's now possible for US citizens to connect their bank accounts to deposit funds with I think Canada and the EU next. The platform is currently limited to just the ODBcoin sale, but the sale ends February 1st and my understanding is that full trading will come once the sale is over and the public audit is concluded. The info on the site says that the audit will end sometime between mid February and March 1st at the very latest.  

So that should mean you'll be able to trade Tao and the other coins on the platform in February or March. Could maybe happen sooner, but I'm assuming Feb or March.

what is the next milestone to look forward to?

Many want to invest, but they want to invest on Bittrex & Poloniex, anything you can do about that?

Graham

Intro video about Tao and the AltMarket

https://www.youtube.com/watch?v=KaVslrBp1VA

Looking forward to 2019.

"I own less TAO than most people that can read this."

Yeah, because he sold it all to his zombie bagholder "friends" when it actually had a value.

You can't buy it anymore because its not listed on any exchange. It's essentially worthless.

This project is dead. No need to continue warning people about getting suckered into a con when there's no route by which they can do so.