Sounds great. Then again, David on Discord continues saying it’s a regulatory/political issue. It’s hard ro navigate. Anyway, as Dimitar suggests, we’re probably offtopic here.
For me, I took the promise of native token at face value - network stability first, native token after. If that is still the plan, this needs to be made crystal clear.
When communication is unclear, it leads to speculation, paranoia, fear.
Fast, easy, private, tokens for data storage is what I’m concerned about. I think/hope we all want that. No need for a sinister private currency. Just easy to use/earn/spend tokens for storage, that don’t leak private information.
I have a new plan that will support ANT token price. It will surprise a lot of people and also probably piss off some people. I am unable to go it alone though - in fact I will need a fair amount of support as my coding skills are just not adequate for the tasks.
So if any coders are interested (there will be pay if we can get it off the ground), then DM me. I will take names and organize a group DM to start next week and spill the beans.
I’m also looking for investors to fund development - will need a big pile of $$$ to get this going. So if you have some dough and are curious, also DM me.
BTW, I will keep all conversations absolutely private.
Can I ask, did MaidSafe give some kind of indication that we were deviating from that plan? Because I don’t remember doing so.
I genuinely don’t understand why people are so cynical about this. Maybe it’s because I’m not an ‘OG’ or whatever and have only been part of the project on a more limited timescale.
Edit: Btw, one thing I do recognise is, for new people coming in to the project who are not aware the intention to go native, it may not be obvious to them. If they come in and see the blockchain usage, I can see that could be problematic. Maybe it does need to be more clearly stated somewhere, for the sake of those people. But as far as I’m aware, as a company we haven’t given any indication that there is any deviation from our intention to have a native token. At least not intentionally anyway.
Yeah, part of it is that. Is there some kind of inconsistency I’m not seeing?
This is the sort of thing that worries me. I read these posts and see little enthusiasm for a native token. I largely see exasperation and a wish for the question to go away.
Maybe I’m reading too much into this, but when Davis speaks, I listen. If he isn’t excited and enthusiastic about the native token, pointing towards regulatory concerns too, then I start to wonder whether an implementation will be pushed hard enough to see the light of day.
Maybe the wider team have a different opinion? Maybe the board and CEO do too? Maybe David’s opinion is his own in this context? I just don’t know and that worries me.
Wasn’t sure how it’s gonna get done based upon a stable network (that you list as a crucial condition) if it’s a political/regulatory issue that David claims. That’s all.
I think it is that…for now. David wants to focus on other things right now. It seems like the community want the native token tomorrow, and that’s what’s exasperating for him, because he sees network stability and efficiency as much more important. You can obviously disagree with those priorities, but I think that’s how David sees it.
I think he is emphasizing the regulatory part to try and get people to see that it’s a big challenge. However, just because it’s a challenge doesn’t mean we have any less commitment to the native token. It just means it’s going to take some time.
I’d like to ask David and Bux to clarify all of this, but I fear I may be annoying and distracting them; however, I will do my best.
Oh yeah, I really want to buy something called Fartcoin. I’ll stay in that one for 20 years. I heard it has the ability to identify one’s person by them farting without the government stealing it.
Classic troll move. Hit me with your next one.
Bitcoin didn’t have a marketing team
[Just supplying some reasoning here and not my opinion/view]
They kind of do, but realise its future due to the work and the current focus being on the network functionality/stability.
The reason it is high on some people’s minds is that it is a major factor in the network becoming open to the world, blockchain is not supplying that hope of high usability and high upload use.
So in effect they see native, while a way off in the future, as very essential for network usability and high up on that scale. So when people say the network needs to be running smoothly, error free (for the most part) etc, they think but native is also essential for network usage.
And of course this is the price & trading topic so there is a lot of “when moon” & “why not moon yet” & fear of ANT going to zero & FUDDERS (what would a trading topic be without those
)
I see what you’re saying, although, in my personal opinion, it isn’t blockchain that’s held things back. We’re only really at the point now where we have the core upload/download part stable, and we’ve not even really tried that much to take it to the wider world yet, because we didn’t have that working.
I do get that the crypto part introduces a larger barrier to entry. I know a lot of people really vehemently disagree with this, but, my opinion is that even with the crypto hurdle, you could still get significant interest and users for the project, to prove what it is capable of doing. Then once we have that traction, we can get native in. However, I mean, I’m just a techie guy, I’m not a strategist or anything. I have faith in people like Jim, Gill, Bux and David to take care of that part of it, and I’ll just get on with my job in the mean time.
I agree with this. Just thought I’d mention why native is being talked about now, even if people know its a future thing to be developed after network stability.
There are many reasons for the talk, not all black/white even if it appears as such
Right, thanks.
I can also sympathise with David’s exasperation here. I personally would prefer him not to be distracted with it, because I think it’s right that we get the core parts of the network in a better place first. When you have a guy like David with a huge intellect, I want that intellectual capacity fully engaged and deployed on getting the network in better shape for us, not the payments part of it.
Not really, it’s all about marketcap and comparing that to other popular projects. There’s not phantasy of being among those other marketcaps especially if those others are memes or just don’t really do anything novel or new. We got a good network, it’s functional but can still be improved, data can be uploaded and downloaded, chunk payment work.
To me it’s clear the team has to focus on three things:
- Focus on the 20% bugs and code blocks that are responsible for 80% of the issues.
- Marketing, without an active stand people will not as easily participate in new alts especially if they are more difficult to reach like ANT on Arbitrum. It should be easy and straight foward to on-board, just 1-3 steps max with friendly UX to obtain ANT and get up and running for file uploads/download and browsing the Autonomi Network.
- I do think we need more liquidity, but it might be ideal if the price crashes tremendously right now so all bearish hands are gone and strong holders remain. CEX addition could help as it makes obtaining ANT just slightly easier.
Node runners and hodlers were incentivised to market BTC … now that the space has a ‘digital gold’, those people have no incentive to market a competitor. In fact they have incentive to push people away from competitors.
This is in part why Autonomi needs a marketing team.
- put in place an interim solution that fixes eth fees - paymaster ant doesn’t. With the current fees the value goes 99% transaction fees, and due to high costs both large-scale adoption and value capture in ANT aren’t happening
- Re-structure tokenomics (pretty sure david hates that word) that make the token capture value, a pure-play utility token that is bought and insta-sold by nodes is not attractive because of money velocity (Vitalik already pointed this out in 2017) and almost all depin projects have employed some kind of staking (e.g., dao governance, node security lockups, validators, etc.) to make increasing token usage also actually reflect in increasing locking of supply
So if we consider that points 1-5 actually have to be in place, to make the token interesting to investors, but none of them except 1 seem to be of any priority (as far as we can observe over the last 6 months), I think its clear why the price is where its at (and will go where it will go when the next 120M supply unlocks)
The key is to be able to attract people to the application, and I don’t think we need a marketing team.
That’s a bad-faith misrepresentation.
The first is a prerequisite for the others. It doesn’t mean they haven’t been worked on, prioritised, and considered internally. As has been said many times now, there is a marketing strategy, Bux just needs something more to go to market with.
Today I tested Queeni and immediately added 2% ANT to my portfolio ![]()
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