When will the tokens be unlocked for trading?

Does anyone remember GetGEMZ? Well, it fell flat on its face but I think they got one thing right. Their platform was primarily a mobile message app, but with crypto wallet integration. I think the right approach is the opposite, primarily a very user friendly mobile wallet, where the user can select one of their addresses as their public 'phonebook' address. Secondarily, the app identifies any of their contacts that also have the mobile wallet along with their public addresses, and allows messaging. Mobile first is going to be the strategy for mass adoption, and the app that gets people transacting with their friends, without inputting hex addresses is on to a winner.

An Android or IOS wallet would be the game changer for Okcash!

Can anyone tell if if there is any interesting Okcash protocol developments in the pipeline?

Hi, can someone verify my calculations please:

Over the course of the 1 month ICO, SONM aims to raise: ETH 283,399
Price of ETH at time of writing is USD 352.14, so ICO cap will be approx. 283,399 x 352.14 = USD 99,796,124

The exchange rate throughout the ICO will be 1 ETH = 606 SONM, so the price of 1 SONM at today's prices = 352.14/606 = USD 0.58

Max. no. of SONM tokens = 222,000,000
Estimated market cap based on today's ETH price and ICO exchange rate = 222,000,000 x 0.58 = USD 128,760,000

This certainly looks like a scam. I challenge anyone to disprove the following statements, and I'll apologise profusely if anyone can prove me wrong.

The Beth Team is listed here: https://beth.jp/

SEIJI YOSHIZAKI - Is NOT actually a a professor of Electrical Engineering and Computer Science at the University of Kyushu, as claimed. He may not even exist.

HAYATO TAKANO - The image above this name is not the businessman of the same name.

KOYAMA HIDEYUKI - Is not a computer scientist of note, and has no published papers.

HIDEMASA KUWAE - Is not a known blockchain developer with any online presence.

If you can't disprove the above statements, then why would you invest?

Hi guys, I'm a MAC user with wallet version v0.8.6.2-g55c5572-beta

I can't find any active nodes to sync with. Can anyone confirm some IP addresses of active nodes that i can add?

You're comparing an established platform with backing from leading multinational corporations and a market cap of approx 4.7B to a fledgling crypto that may or may not gain traction and establish a user base, and you're saying that MUSICOIN is cheap on the basis of that comparison. Why didn't you compare it to bitcoin or Google shares instead? It's all like for like comparisons right?

I'm not saying that MUSICOIN can't be successful in 10 years time, anything's possible in crypto. What I'm saying is that it's important that investors understand that the supply of this coin will grow massively and rapidly, no one disputes that so far. An increase in supply has a inflationary effect, i.e. it devalues the currency. Many cryptos have a deflationary halving built into the protocol and this has the effect of rewarding early investors by limiting the future supply of the coin. Unlike Musicoin, Ethereum will never exceed around 110M Ether. Musicoin does not have any mechanism to protect early investors from the inflationary effect of the protocol, on the contrary early investors will be disadvantaged because the coin will be devalued over time as new coins are perpetually created at a rate of around 1.8M per day.

Yes, you're absolutely correct, this level of inflation will of course devalue the currency massively.

You heard it here first folks, coin supply has almost no impact on price, so no reason to be concerned about >400% inflation over the next 6 months alone. Thanks for clearing that up! 

Yes, we're on track to be around 1.8 million coins up from yesterday. So in 6 months there will be around 182 days*1.8M = 327.6M more coins in existence than today, or over 400% increase in supply.

Scarcity is really important. Unfortunately without any controls in the protocol to regulate the supply I can't see this going anywhere as investments will be rapidly devalued as the supply grows.

I think one are that requires clarification is how the supply is regulated by the protocol. Can anyone provide some specifics that explain how we know that we won't wake up tomorrow and the supply has grown by 100x?

Thanks, it's great to get a simple, straight answer.
Total Supply when I checked a minute ago was 76,578,634
At roughly 1c per coin at the moment that gives a current market cap of approx. $765,786
Nice block explorer!

How can we determine what the current supply is? How many coins are in existence or in circulation today?

Hi, you state "I think" and "I believe" before 2 of the 3 points you made. Is this speculation or do you have a source for:
1. *almost* no AMPs will come onto the market before RChain is fully launched (1+ years)
2. Less than 200M on the market in the next 5 years.

If you're correct on point 2, although I doubt there is a source, then this should be a major concern for investors today; within the next 5 years there could be 4 times as many AMPs in existence as there is today. That would dramatically devalue the AMPs that are in circulation today.

There is 949,291,063 AMPs in existence today.

According to coinmarketcap there is 62,585,264 AMP in circulation, so when will the remaining 886,705,799 AMP hit the market?

I know Synereo have stated that it will be phased and based on growth of the network. So does that mean there is no fixed schedule? If the network doesn't grow, then they won't have any more funding rounds? That seems unlikely doesn't it? You'd imagine they will need to raise more funds if the network doesn't grow as they expect.

So can anyone confirm? If there any fixed distribution schedule, or is it a case of wait and see....
No speculation please, just trying to get to the bottom of what the founders have committed to, or if they have made no commitments at all concerning the distribution of the remaining AMPs.

Founder Reward Wallet: 100,000,000 out of 200,000,000
Future Funding Wallet: 396,901,858 out of remaining 793,803,716 AMPs*
User Reward Wallet: 100,000,000 out of 200,000,000 AMPs
Content Creator Wallet: 75,000,000 out of 150,000,000 AMPs
Bounty Wallet: 55,000,000 out of remaining 220000000 AMPs**
Intermediary Bounty Wallet: 4207079.25 AMPs***

A  I correct in saying that 841,108,937.25 AMPS remain in existence today? (In circulation and not in circulation), is my calculation correct?

Maybe i didn't make my point as clearly as i thought. Technically they can change it now, but they won't for the reasons I explained in the comment.

This is not a governance issue. Governance is concerned with how decisions are made, not the outcome of the decision. A chance in governance could result in a change of distribution/funding model, but there's no guarantee because you are simply changing the process through which the decision is reached.

They can't change it now, but I completely agree that they should. If they announced that they are going to destroy all, of most of their 1.6 billion premine at this stage, it would be an admission that they didn't think the distribution and funding model through very well. While many existing and potential investors would welcome the corrective action, they would also wonder what else has not been thought out very well. Flip-flopping on one important issue plants seeds of doubt concerning many other issues. This is how the house of cards starts to fall for many cryptos, and this is why comments such as this one must be labelled FUD by the founders. They must continue to project an image of confidence, professionalism and positivity, to avoid the real and justified FUD that a supply change would cause.

To reiterate, I think Synereo has real potential, but I will wait until the market has shown some adjustment for the progressive inflation that is inherent in AMPs. The founders don't have to listen to us, but they can't ignore the market, and it will explain the flaw in their model gradually, over the next couple of years.

Market cap is simply a measurement of investor sentiment, nothing more or less, and it applies equally to any investment product. Any claim that the concept of investor sentiment doesn't apply to crypto, or more specifically Synereo, is utter waffle.