Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
ematt
on 02/09/2018, 06:15:06 UTC
Has the team stopped selling their AMPs? By the way, I don't understand why they have to sell AMPs before their BTC depleted. Maybe they don't trust AMP price will soar.

I would like a clear answer to this question as well. I think their funds are held in btc. It sounds like they don't need any fund raising according to this video just past the one minute mark.

https://www.youtube.com/watch?v=5Wf48k1TyXA

There's a doc that shows all their spending and AMPs on Synereo.com. Quite transparent. And it is the blockchain after all...nothing can hide.

What is still hidden is why they started selling AMPs before selling all their BTC. They had so many BTCs, around $100 million dollar.

really, $100 million dollar in BTC Huh?
I doubt about the amount you are writing a bit ;-)

Yup, still not sure where they are getting this number is coming from...A quick online search shows that during the fundraising campaign, $4.8 million was raised. And all financial info can be found in the doc publicly available on the Synereo website: https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mo/edit#gid=1394495455