Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
murt9000
on 25/09/2016, 10:49:16 UTC
There is 949,291,063 AMPs in existence today.

According to coinmarketcap there is 62,585,264 AMP in circulation, so when will the remaining 886,705,799 AMP hit the market?

I know Synereo have stated that it will be phased and based on growth of the network. So does that mean there is no fixed schedule? If the network doesn't grow, then they won't have any more funding rounds? That seems unlikely doesn't it? You'd imagine they will need to raise more funds if the network doesn't grow as they expect.

So can anyone confirm? If there any fixed distribution schedule, or is it a case of wait and see....
No speculation please, just trying to get to the bottom of what the founders have committed to, or if they have made no commitments at all concerning the distribution of the remaining AMPs.

I believe almost no AMPs will come on to the market before RChain is fully launched in 1+ years. The distribution of AMPs will be slow and will take many many years. I think there will be less than 200 M on the market in the next 5 years.

Its well planned, and many more AMPs will be burnt.

Hi, you state "I think" and "I believe" before 2 of the 3 points you made. Is this speculation or do you have a source for:
1. *almost* no AMPs will come onto the market before RChain is fully launched (1+ years)
2. Less than 200M on the market in the next 5 years.

If you're correct on point 2, although I doubt there is a source, then this should be a major concern for investors today; within the next 5 years there could be 4 times as many AMPs in existence as there is today. That would dramatically devalue the AMPs that are in circulation today.