Re: [ANN] ESSENTIA - The Decentralised User Becomes a Reality
The team does not plan any activities aimed at increasing the value of the token? I'm upset about the low price.
Hi Nold just to remind you that the team does not control the price of the token. I understand your frustration with current market conditions have you had a chance to look in the Telegram channel recently? The IOS and Android app for the Essentia platform is coming out in less than 7 days!
https://t.me/essentia_one
Actually team has various abilities not to control, but to influence the market price. For instance team could've done a buyback for some amount to shore up the price. But according to your answer, team is not going to do anything with it, they just blame the market, which is not right - there are lots of projects on the market, that have had a positive and neutral price movement since June, so "bad market" isn't really a good excuse. Team just doesn't care about token economy, and AmaZix is just a human-bots copy-pasting same answers all the time. And for saying all this I've got banned on Essentia telegram channel. I'm pretty scared of such intransparent projects, aspecially, when they actually perform worse then the whole market they are blaming for their token disasterous performance (-x15!!)
I understand why you must feel this way. I would like to point that your claim about the team not caring about the price is incorrect. The team have been focusing on the tech, and recently published an overview of the consensus model for the mainnet due for release in Q4. A team dedicated to improving the protocol lays the foundation for a successful project. The team have also demonstrated ways in which they are trying to respond to community sentiment. For example, each month Essentia runs a community-wide vote to choose which project to integrate next into the platform. AmaZix has nothing to do with the market or the token price, just a Community Management Agency that works with the information given by the team to keep you updated.
It's good to be focused on the tech and try to invent something new, but a project doesn't solely consist of the tech, someone should care about project economy, project marketing, investor relationships (they say they've got no investors, they've got contributors, thanks not donators or sponsors). Only tech will bring the project nowhere. There are lots of examples. Ever heard about OS/2 operating system? It's tech was really more advanced then Windows had on a start. But where is it now? Nowhere, cause Microsoft had a better marketing and a glitchy (back then) Windows became a standard.