Topic: [MTC] [Docademic] [Free Basic Healthcare] Doc Speculation - page 2. (Read 1126 times)

This means that the only way that the actual supply of tokens could have changed is that they released tokens which were locked for the team or partners.
The icobench page states that there was 350'000 tokens initially for sale. According to your math, it would mean that currently there is 2,23 times more tokens than initially. Thus the market cap at constant price now and then should be also 2,23 bigger.

But when I take a look at coinmarketcap data, i get this:
May 12 2018
Marketcap:3,235 million
price: 0.0174

Jue 27 2019
Marketcap 12 million
Price 0.01737

Market cap has increases 3,7 times. So it does not fit the supply calculation increase.

The Telegeram is useless, I tried to bring this matter to attention several times. Only answer I get is from people who are calling for 10$ price and does not care about anything.

Maybe i should try to tweet them.

The Lockup Period for team tokens is one year with a “Cliff” during the year.

Any Strategic partner that receives tokens must hold long term by contract agreement.

In the beginning, MTC's total supply was 1 billion and the current total supply is 783,285,021 MTC according to CMC.

This is the contract address for the burned MTC 0x34afa7ff9a8eb4d8e61145ca81e2d0dab7b03662, the amount is 216,714,979 MTC

1,000,000,000 MTC - 216,714,979 MTC = 783,285,021 MTC

So it is for sure that there is no hunky punky with the supply because everything is transparent. However, I'm not sure yet about the marketcap what you've mentioned. I hope you will get an answer from their TG.

In this case , it is even more weird. The only rational explanation for marketcap increase at the same price level is that supply could have rised significantly. Reduced supply would mean the complete opposite.

I have yet to recive an answer in their telegram channel as well.

@hotforblockchain
I'm not sure about the prices and marketcap thing so I won't talk about it now, what I know that the total supply has been reduced.

I am from Europe but far from Spain and have not information about them in Europe so far.

Compared to most projects out there DOC definitely are one of the top ones in quality and idea wise.

I am wondering about other possible problem they may encounter- as far as I remember they raised like 1,2 million USD. This is not much , most of us know how fast project can burn through their budget if they are developing actively and marketing as well.

IDK , maybe they sold some of their coins when the price was high.

I'm not sure about the technical part exactly how they are building the blockchain, but the last msg from CTO says that they have found an already running and stabilized code instead of keep working on their own code. I'm not surely saying, but I believe they know what they are doing.

DOC will expand to all over the world one by one you already may know that, so for Europe issue, they will do everything according to the law I guess.
If I am not wrong then DOC is already active in Spain... please correct me if I'm wrong.

According to them, they are working for a perfect end product before they start the marketing campaign -- and that's the thing is missing right now imo.

This worries me, I remember asking this question on telegram at the time when MTC was at ~0,2 USD price and he replied that they are going to build their own bloc-chain , it will hold all the data of patients. It is not possible, block chain can not exclusively hold those amounts of data + there would be  problems with data protection in Europe.

Unfortunately Jhon Mcafee had a lot of to do with the token price.

any news about mainnet launch?

Hello everybody, good day, evening and night.
As some of you are aware from last Charles AMA, we are moving our Lifechain development efforts to use already running and stabilized code instead of keep working on our own code. This was a hard decision and a lot of discussion took place before choosing to go on this path. We have been gathering information and facts that pushed us to move that way. Yes, I know we are dropping a lot of work and I’m not glad of it, this work was on a good track and pride aside, it was one of my personal goals, I was never unsure of that and I know it is still reachable. My personal expectations were always positive and until last week I was sure we were getting close to Test net. Some discoveries made thru the testing stages and some needs around smart contracts and third party integrations made us shift to our plan B. Beside some security issues found over the test kits we released to public, they were also other factors that were causing trouble and were basically related to the support from third parties over a totally new blockchain. We have conversations with different exchanges and hard wallet builders and the panorama to integrate a totally new blockchain was unclear. The shift we are doing will allow Lifechain to be supported on exchanges and hard wallet makers faster and easier. As some of you could recall, we have been working on an Ethereum based alternative since some time ago. We haven’t choose to go that way earlier because Lifechain has some needs that Ethereum doesn’t tackle well, but we have found alternatives to keep our original objectives working with a "combination" of already running blockchains (Ethereum and Hyperledger), and we believe this is a better approach to achieve the results we are looking for. It is too early to bring up "timings", we are organizing and gathering all the information needed to come out with an ETD as soon as possible, we will let everybody know about it when ready.
As always, I appreciate all your support for this more than a year ride.

Hello community, good day, afternoon, night to everyone. I believe there are some confusion around lifechain delivery dates. Mitch do a direct inquiry about mainnet EDT. Our community team has been given the instructions to be conservative on their answers, this to try to stop the constant inquiries we get, the expectations that are built and the impatient atmosphere that it creates. Don't be rude over them, they are doing their best to keep a good environment. Around the answer that mainnet could be a minimum 4 months away, what can I answer in that same conservative way is that we are currently on a testing phase, it jas been very helpful and we have receive good support from the tech guys on the community, we have a small delay on this test phase, some caused by external agents but I believe it is nothing to worry about. We are about to release another testkit that could be the last one before testnet. Once we have testnet up, it will run for some weeks allowing us to verify functionality leading the path to mainnet release. We are just staring June so we have a month to go for this things to occur. Im positive about the results we have got so far so I expect to things still go on close as planned, with their usual problems but like I said, nothing to get worried about. As usual, I appreciate all the support that we have received from everyone on the community, it has been a great trip so far and we are close to our first great stop. Hold on, we will get there!

Our CEO Charles Nader was interviewed by Forbes Mexico to talk about data security, blockchain technology and doc.com participation in Foro Forbes Salud 2019, where private and public sectors join forces to find new strategies to improve public health.

I am looking forward to this coin, with its feature of getting a lifechain with free basic healthcare, it seems like it is really promising. I will get updated to this.

2:50 sandro salsano
4:42 canada & doc emotions
6:50 Gemini accounts
10:03 Swap & tech updates
11:21 Tokens & supply
11:56 us expansion
12:36 hitch & harrison
15:57 doc UK
18:40 masternodes & lifechain
21:17 users & marketing
26:53 growth process
30:41 New Executives
33:46 Leo Messi & other celebrities
38:21 US expansion
39:03 Competition
40:37 Chinese funds
41:35 False information on lifechain
43:15 Doc Pets
44:17 McAffee
46:23 China
47:42 CZ
49:27 Other projects on the blockchain
50:40 doc & Military
51:17 Kucoin drops
54:20 Holders & users
56:51 Hard Wallets
58:49 Paper wallets
59:00 Fernando CEO
59:30 Marketing
1.0.27 Whitepaper
1.2.20 Tech WP
1.2.25 swap KYC
1.2.59 Moon
1.4.30 lighting round
1.7.34 BitSo

Can someone tell me if there was a token swap?