Re: [ANN][TAO] Tao & AltMarket - Real Solutions for the Music Industry!
Are you having an ICO or IEO
There was an ICO for Tao (originally XTO) back in 2016. It was done before the major ICO hype set it and it was done in a legally compliant way that did not count as a security, making it a rarity.
However, the FanMix.com platform will include "IAOs" (aka Initial Artist Offerings) for musicians - they have a large number of artists already onboard ranging from no-name up-and-coming artists to established big names. Each artist token will only be tradable against Tao and so each one adds to Tao's value.
Make sure to read my posts upthread for more details, and feel free to ask any questions you may have.
That was 7 months ago. Were you bluffing?
Just passing on the info as I have heard it. I do not have insider information as I don't have equity in any of the registered companies being built around Tao like AltMarket and Fanmix.
Fanmix did a soft launch late last year with their first artist, SMANTX (pronounced like "Semantics")
http://fanmix.biz/first-fanmix-band-revealed-smantx/
(note this link is to fanmix.biz my own site where I've compiled some info about the Tao related projects, fanmix.com is the official site).
I haven't checked in a while to see if they've raised more, but the band raised about $3,800 in the first 12 hours on the site despite zero promotion or marketing. I believe their crowdsale finishes up in May, and once they hit $10,000 raised that's when they are eligible to be issued their artist token.
There are other unsigned artists waiting in the wings with others in discussion or in process. Any big name artists will naturally not be using the platform yet until they've seen smaller artists have success with it.
I personally know of one band which is in the process of preparing for a crowdsale on Fanmix, and others are coming later this year, but I don't personally have specific info about them. I will share info here once I have it and permission to share it.
Currently there are new APIs being finished up for AltMarket, which is part of how the whole ecosystem operates so that as money is spent on Fanmix, Tao can be bought off the market automatically for the FM affiliate program. The APIs will also be used for an arb bot with a simple interface, with the intention of including the bot on the stakeboxes I've mentioned upthread. There's also a fund rase (I think a series A) in process, which I understand will be followed by an ICO for the AltMarket BNB-style token which is in development. I don't have any further details about this, but will share them when I do.
My understanding is we'll start seeing more news after the APIs are ready. Bryce isn't interested in rushing, something which seems to confuse the usual crypto crowd who are conditioned to respond to pump and dump schedules.
Slow and steady wins the race. Happy to answer any more specific questions to the best of my ability. Hope this helps.