Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
Elokane
on 23/03/2015, 02:57:39 UTC
How did you come up with such a high valuation? Have you released a proof on concept?  With most projects with such high initial marketcaps they are priced as a development project should be.. Room for 10x to 100x growth from ipo.. You think the risk reward competes by pricing it at 154amp per usd while releasing 1 billion coins? So after release you think the cap would be $0.154 billion? If not then why ask the ipo holders to foot the initial bill of development (thousands of btc)?

If you ask me there is innovation yes, hence my private pm to you which you seemed to have missed... But based on the specs id say as of right now it shouldnt be priced more 1540amps per usd.. 10x less then ehat you are asking and even that is stretching it. Maybe best to find angel investors outside of this community if you want 154 per since there is no mining on ipo.. Btw how does the network secure itself?

I'm sorry if I've missed your PM. I've been swamped! Let me take a look.

Check out the numbers in our whitepaper and let us know if you think there's room for X100-X1000 growth.
http://www.synereo.com/whitepapers/synereo.pdf#section.1.2


Keep in mind that this is a technology that's been in development for over 4 years, with millions of dollars invested.
We'll release a tech demo showcasing it soon.