Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lampix Token Launch - Bringing Blockchain Image Mining to A/R Systems
by
AlexTheGreat
on 13/01/2018, 19:40:38 UTC
Hey Phil,

Correct me if I'm wrong but  I think people do not understand the value of your token; what you did is decentralizing the value of the database you are willing to build with the community adding information & feeding it; the aim is to use all this decentralized information to open the doors of augmented reality in our economy; which make damn a lot of sense as everybody will be incentivized by adding inputs & the more the community is active, & the more devices such as Lampix or new applications are created & using it, the more the ecosystem is valuable; the more the token is damn valuable

With the lampix device offering the first applications to exploit this database;

In other words, it is a bit like if Facebook was just an application using private information protected in a blockchain-based set of rules & architecture; which is not the case as Facebook value lies directly in its database; they chose the centralized business model to protect their value (and could be destroyed by a decentralized social network as we don't like how Facebook make business thanks to us, and we don't receive any benefit).

I mean, the core value of your business is should be described in this way : "The token represent the value of the database which we have decided to decentralize to make its own contributor its beneficiaries, at the opposite of Facebook, Google & co : the most valuable part of these companies are created by you, but owned by them. We decided to give the value to the contributors and to use our device to leverage its value, in real economy; and other companies that we will exploit it will have to pay to obtain these tokens with increasing value"

Because your techno is amazing but the way you describe the value of the token, make it totally undervalued.

Do we get along with this description? If so, do not hesitate to get in touch with me if you deem it to be useful; my job as an M&A analyst is basically to help entreprenors clarify the way they describe the value creation of their projects.