Re: [ANN][TAO/XTO] Tao - Real Solutions for the Music Industry!
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I think that's a somewhat apples to oranges comparison because they work a bit differently,
Differently how? Specifically, what additional benefits does the artist get that would motivate them to give up a siginificant portion of money to Bryce et. al.? Cause as far as I can tell, they get neverending additional obligations ("proof of fan") to anyone who has ever held a certain amount of their cryptocurrency, for no actual gain apart from the money from the initial sale (which, as mentioned, they can do cheaper and easier as a kickstarter or similar).
In other news, I see some fancy graphic that is posted in Slack and Discord, and, again it's just full of inaccurate or misleading statements.
The launch was not "capped at $100 000".
AltMarket, Inc was not founded in 2017, but 2014
And only by a very generous reading could you claim that Tao has a "market price" of 5099 sat (or, for that matter, that it started trading at 151 sat). A more realistic reading gives you around 1000 sat on release, and around 3-4000 currently.
Seriously.
And then there's the other stuff...
Dude, you are clearly living in an alternate reality of your own imagination. What is wrong with you? 😂
The market price was the actual effing last trade price on the active market at the time he made the image: https://qtrade.io/market/TAO_BTC
Do you not even know how to use Blockfolio or check the order books?? 🤣
Bryce is probably calculating from the ATL which I think was around 140-150 sats. From memory, the sale brought in about $100,000 there were what 30,000,000 Tao disbursed which gives you about $0.0033 per coin. Pretty sure the price of BTC was somewhere around $580 or so at the time. Where are you getting your numbers from?
Watch the livestream on Friday, you confused silly person.
