ANT Token - Price & Trading topic

Good question.

On one hand, funding may not be needed. If community devs work together & other community members chip in on marketing etc, if we can organise ourselves with some focus on delivering specific high-impact experiences, it may be able to happen organically. It may be that after doing a proof-of-concept torrent solution, the Webtorrent team / another torrent client team is interested in adding it without needing a new torrent client at all.

If funding is needed, one challenge with finding Autonomi based apps is that the benefit of any successful app goes to all ANT holders, not a new token where value is captured only by the investors in that project.

On the plus side of this, it means all ANT holders should be interested in finding development of anything that has a serious chance of rising the tide for demand for using Autonomi, boosting awareness, and therefore increasing demand for ANT.

If there were e.g. 3 projects outlined by the community that have clear utility and solve problems for existing audiences/markets that, if addressed well, would provide significant demand for ANT, the community could fund a 6 month sprint to deliver solutions for them along with marketing focus for each.

If this cost e.g. $250k, but yielded 3 fantastic products with real world utility for an existing audience + marketing resources for them, it could be more than worth it for ANT holders in terms of boosting token demand & awareness (network tangibility would be almost guaranteed).

I think the torrent client is 1 concept with potential; it solves a real problem for an existing audience, and BTT shows the kind of value if could have.

It’s a new value-adding feature for an existing product & market, not a new product that needs to find a market.

Hopefully we can find more ideas for Autonomi value-adding offerings that can ā€˜slip in’ to existing markets / userbases vs requiring the growth of a new userbase to find success. Then let’s try to figure out how to move them forward, with community funding if needed.

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ANT at a pathetic $0.05510 per coin and a market cap of $7.52M. At what point is mgmt going to step up and represent this project? Demand is not going to create itself and we are not going to be liquified by third tier exchanges and a dex. Who the hell is running the show here?

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Management seem to have made the decision to deliver a working network and leave the ā€˜product’ / user experience work to the community, at least for now. Without that functional base, no Autonomi app can be a success, so it seems like a fair priority to me.

It’s up to the community and non-MaidSafe developers to get product-market fit, and create experiences that lead to demand.

It’s still early, and the only way the token price will grow in a sustainable way is by creating great user experiences that lead to growing demand & interest in the project… no shortcuts.

Shouting about Autonomi while no market-ready experiences exist seems less productive to me than ensuring a few market-ready experiences exist, then start the shouting. This way newcomers will get a compelling experience & tell their friends to join… rather than a poor experience and telling friends to avoid.

I get it’s frustrating with the low price, but it seems to me the best action is to contribute in whatever way you can to help the community work towards getting decent products out there that utilise Autonomi & can start to build genuine momentum.

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David, you have been here since 2014, shouting about the project at every stage—particularly, when then was no marketable product. I would sit this one out if I were you.

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ANT is still extremely overvalued, i’m sorry to say but the current MC cannot hold unless some entity steps up and put a 5-10btc buyside minimum. Only then you could get a bottom formation, relief rally or perhaps reversal. 8 mil. MC and only 10K in buyorders doesn’t make sense, especially because of our horrific tokennomics and ā€˜unlocks’. If you buy now, expect 2 cents or lower for the foreseeable future.

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I’m pretty bearish, but 2c is kinda wild don’t you think?

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howso?

December 2023 we were at 1 cent on bittrex.
The token is in a far worse situation now with 3x the supply 2 years later. No liquidity no nothing.

Forget fundamentals, this will die and stay dead for a long time. Its a premine clusterfuck.
Add 10 btc in the pool and perhaps people become interested again (if it isn’t dumped into straight away..)

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Fully edited.

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What do you mean sit it out?

I’ve never felt marketing outside of the community should be a big priority ahead of having a compelling user expeience, so I wouldn’t say I’ve been shouting about it in that sense.

I may not have much to bring, but I’ll do what I can to encourage the community to get there… which is probably more productive than disparaging the team.

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What price level will break the network? With low token price, nodes - even with rewards, will want more tokens to stay … but I suspect very little actual uploading going on overall, so rewards are becoming primary means of support. Can they sustain the nodes to preserve the network?

I’ve heard little on the forum about the number of nodes lately - has it already been declining? At what point will this result in data loss and collapse of the network?

I’ve got questions … but I feel not much point in asking them as the management never offers any answers.

This is why marketing NOW is so important - we need to hold the line by bringing in new blood. It’s foolish to think ā€˜we’ll market when we have a robust ecosystem’ … because that day won’t come at all if the network dies.

Where is @dirvine and @bux … seemingly in hiding from folks here who ask hard questions and that does the opposite of inspiring confidence in the project.

I’ve not sold a single token yet and have eaten a lot of potential gains because of my trust in David’s leadership … now I feel very foolish. I still believe in the potential of the tech and the dev team - I would have sold what I could sell long ago otherwise, but seeing a whole lot of nothing happening in terms of leadership from the higher ups here on the forum, it really feels like we’ve been abandoned - unsure if there is any other way to see it.

Sad.

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As I have repeatedly pointed out, those who run millions of nodes do not sell tokens.

As much as some speculators may not like it, the network has the support of a one or two big players, and we the small fish who run a few thousand nodes can do it for the rest of our lives.

With 11k liquidity, everyone is locked in and the token is unsellable, which is okay - we can focus on building.


Check out the Impossible Futures!

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Not selling now just mean hopes for a higher price later … but as token price declines, how long will they hold out?

Big fish? Who? Or is the foundation or Maidsafe secretly running them? Who would run unprofitable nodes indefinitely?

No one. Don’t play the fool here.

Such a number of nodes will not allow the network with permanent data to survive. Eventually none will upload and then it’s just a collective hard drive with old data that can’t be erased.

We need growth to survive and that requires marketing.

Not to rub more dirt into the wound - but if we were a temp data network instead of a permanent data network we wouldn’t be having these concerns (about the network eventually collapsing).

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Simply untrue.

Instead of whining can you answer the following?

How many nodes are YOU running?
Which of the IF projects are you testing?

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Attacking me doesn’t give the community answers.

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Who said I was attacking?
I’m just asking…

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Okay, turnabout is fair play - how much of your life savings did you invest into the project over a decade ago?

Don’t pretend like you are the only one contributing southside - that’s BS.

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That is happening because we are not known by 1Inch. Neither I or the team has a connection with 1Inch. The message will be removed if ANT gets a higher MCAP.

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correct - your reply IS total bullshit.

I can only contribute the little I do because others have created the code for me to test.

You neither contribute code, test apps nor run nodes.

All you ever do is post tiresome didactic responses that all say ā€œGubbimnet baaadā€ as a response to anything whatsoever.

Its easy to be an ā€œanarchistā€ from rural Tasmania. Well easier now, since you white guys wiped out the natives. And you get to dissassociate yourself from that collective guilt because you are a n anarchist and hold yourself above the ā€œstateā€ā€¦

Anyway enough for now - we are away out to Paisley to celebrate the workers victory at Sma Shot Day.

How many wins for the working people have the anarchists ever delivered?

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Currently there isn’t a price that would break the network as far as I’m aware.

Nodes are very empty just now, so even if 99% of nodes left the data would probably be fine. 99% of nodes won’t leave.

We don’t need to pump the price to hold some line… we need to deliver value, and we have the building blocks needed to do it.

Deliver value and interest & price will follow.

Why not think about apps / solutions Autonomi based apps could provide rather than hoping for marketing of something with no marketable experience?

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Couldn’t agree more extremely well put

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