Re: [ANN][TAO] Tao, AltMarket & FanMix - Real Solutions for the Music Industry!
"Alt Market ecoystem token"?
That's not what TAO is?
Sounds like Bryce is gearing up his hapless band of child investors for yet another fleecing.
When signing up, you have to check this box:
13 or have obtained my parents' permission?
Why doesn't Alt Market publish its trading data publicly? Why do you have to be a member of the exchange in order to view it?
The whole thing is sleazy AF.
That's not what TAO is?
Sounds like Bryce is gearing up his hapless band of child investors for yet another fleecing.
When signing up, you have to check this box:
Quote
I am 13 years of age or older or have obtained my parents permission
13 or have obtained my parents' permission?
Why doesn't Alt Market publish its trading data publicly? Why do you have to be a member of the exchange in order to view it?
The whole thing is sleazy AF.
Just because you lack clarity about things doesn't make it sleazy, silly.
I'm assuming from your familiar writing style and the established pattern of using throwaway and alt accounts that you're one of the trolls who have hovered around this thread for years. I will walk you through part of it, but I am tired of holding your hand when you're so determinedly obtuse about everything. You can get it or not; really makes no difference to me at this point.
As I've explained previously, the entire ecosystem Bryce has been building is designed to be a safe and legal place for people to support bands on Fanmix and to trade coins on AltMarket. A big target demographic for the Fanmix side is teens 13 and up, since they are a huge demographic, very into music, but underserved by the market.
Some of them will take artist coins they will earn by supporting bands and trade them on AM; others will want to buy an artist coin that they missed out on getting or didn't get enough of.
So they need to be old enough or have their parent's permission for legal compliance reasons. Hence the checkbox. Maybe AM's legal compliance officer Kamal Hubbard can explain it better to you if you ask him nicely on Twitter and if he feels like answering.
AM is issuing a stablecoin. Tao is not a stablecoin by itself since it stakes and has its own independent economics determined by the emission schedule in the code. But it will form part of a basket of currencies as explained in the screenshots in this tweet:
https://twitter.com/ACG_Crypto/status/1210678524761260032
You'll find additional info if you browse the #WhyBuyTAO hashtag.
This is in addition to the already established use cases. Tao will continue to be the base for certain trading pairs including the -- legally enforceable -- exclusive base for all artist coins. It will continue to be the coin paid out for the Fanmix referral system. It will continue to be used for the Diamond Program as that starts to come online later this year, like at the Infiniti Festival this summer.
So nothing has been lost; this is in addition to the already established use cases.
The trading data will, perforce, become available when the new trading APIs come online in the next few weeks. The APIs are the last piece and will be in place soon. Bryce is rolling things out at the pace that he sees fit. You'll see it when you see it.
