When does Elon Musk buy this up because of AI privacy/freedom, or whatever he is into?
Whatās the incentive ? What can you earn from āowningā Autonomi ācorpā ?
After all this time we get to 0.07 lol and people are excited, man, many of us bought at 1 dollar as well as under, so are rooted deeply deeply under water and many of us will never seen any return on this investment. The project is so many years late in delivering that the market is now well and truly saturated. It would be miraculous to see even 2 dollars in the next 10 years and given the massive devaluing of currency, 2 dollars probably wonāt equal a real return on investment either. For those who can continously buy they will say ājust dollar cost averageā but not everyone is fortunate.
The future is not yet told.
A? B C D. E F G? H I J K L M N O P! Q R S; T U V. W, X, YāZ!
See you.
I kind of started this in the update thread but it is more fitting here.
I suspect that there is concern that not having native will impact token value negatively.
I would like to hear perspectives on that if anyone has any.
Does AP2 and agentic payments perhaps increase adoption faster which then increases demand and value regardless.
I think it is valid for anyone who holds ant to be concerned but am not sure anyone needs to be.
There are 2 things here. People who hold ANT can influence the price and with such little liquidity even 1 person who is not happy can crush it. For future people holding ANT, the new path is very bullish.
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Can you elaborate? Why moon.
People who pursue privacy as a value are a very small percentage of the population. Most people have no interest in it because they feel they have nothing to hide and donāt realize that when evil rises, the right to privacy allows good to fight it.
So for the mass of people there is no problem and the path chosen by MaidSafe for the network is good for the price long term.
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But what is the appeal for them?
No appeal. It is a fantasy that ordinary people will use the network directly in the next 20 years.
My prediction is that they will use it through portals without knowing i.e. businesses will pay for the network and monetize all the advantages of the technology.
But the story of how with the new AP2 and x402 innovations it will be easy to use it the token will sell like hotcakes to crypto speculators.
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Iāve not been keeping up to date lately.
I thought we were getting an on network coin,
Even though itās not finished.
Is that incorrect?
Yesterday David announced that they are choosing a different path. A native token will be in one of the future Autonomi copies, so we can compare this path to mass adoption as well.
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To be fair, what David prefers is not necessarily where the team will go. Bux, Jim, Nick, and the rest of the devs have a big steer on this too.
Iāve been researching full time for the last couple weeks about how to build a full stack distributed application platform. Autonomi by itself isnāt enough: we need distributed compute, stupid simple on/off ramps, real time comms, easier connectivity. My plan was to build this framework from a collection of existing libraries so that app developers could hop in only knowing JavaScript and a straight forward API and build on this stack.
And then David drops this bomb where heās doing all that and much MUCH more. Now I need to recalibrate the solutions Iāve found and compare with what is being done with saorsa. If it is half as good as he mentioned, it is way ahead of any of the one off solutions out there Iāve been looking at. From what I understand, the AUTONOMI token, in whatever form it takes, will underpin this expanded network on a node work perspective, whether that is storing data like Autonomi today, or performing traditional/AI computation.
Heās saying why hold specific tokens at all, theyāll be swapped around on the fly by agentic AI. The markets will still be there, at the end of the day you still have to get to an AUTONOMI token to pay for the work done on the nodes themselves, but users wonāt see it, it ājust worksā under the hood, and thatās a great thing. It is the next step in crypto markets and is the key to this whole GENIUS act stuff that just passed in the US. It enables these companies to build this system of swapping things out automatically and for minimal cost, all based in stable coins.
If YOU want to hold AUTONOMI, you can, why not? Its just one less thing any agent needs to swap, its like paying in cash instead of a credit card at the super market. There are still 1 billion of these tokens. The more work done using the token and the more external money coming in to pay for said work, the higher the value of the token. Most people wonāt care and wonāt see it, it gets transferred like magic under the hood, they just pay for what they want in whatever token they have or donāt have.
The crypto markets as we know them today are about to be destroyed. David is positioning this technology to ride the tsunami as it comes crashing down on the crypto fun house that is about to be made irrelevant using the technology they helped pioneer. And after every mass extinction event comes opportunity for those that were ready and adapted to the new landscape.
So this token, native token, who cares, as long as the intent of the AUTONOMI token to pay nodes for service and existing holder allocations is preserved, Iām not worried about it. Could we be left in the dust? Possibly, but while the underlying tech has shifted around, MAID ā> EMAID ā> AUTONOMI, the allocation is still the same, I still hold the same number of tokens I have for years and havenāt lost a one. If they went away from that, the foundationās allocation would also go to nothing as would the employeeās of MaidSafe itself. I donāt think theyāre going to screw us as it would hurt them worse.
Iām bullish and buying.
I would say however that these stable coin solutions will continue to inflate as governments canāt help but spend & expand. Bitcoin etc have a limited supply for a reason.
Ethereum has trusted computation, there is demand for that.
Privacy coins exists too.. what I am getting at is that where there is a demand, there will be a solution.
Having the Autonomi token be limited too will increase price as demand increases. Letās just see what solution comes for the Arbitrum issue so that Autonomi can reap the rewards from this wave of demand when it comes.
Why no native token?
Itās not an issue for me and Iām not sure thatās the issue for those whoāve been around a long time.
My view on this is the same as the last ābombā (dirty?) dropped on the community - the switch to blockchain: good for investors. In fact that was one of the main criticisms I made a year ago, that Autonomi prioritised investors over the fundamentals.
I see this the same way. Opening up to credit cards is questionable wrt to the fundamentals. David says not, but Iāve no understanding of the basis for that (ie that payments cannot be connected to uploads - if so, good, so far). What it would unquestionably do is increase the potential demand, which has to be good for token price.
But as always, my question is about the impact on privacy and security as well as access for the masses. If that gateway is trad finance, it is a centralisation risk. Access controlled by those we know cannot be trusted and routinely use that power against individuals and populations. So Iām concerned to learn more about the plan and the pros and cons, but I donāt expect we will get that from Autonomi, and David just keeps calling this place toxic (while being the one throwing the toxicity as far as I see on Discord).
The other question though is if and when these things will actually happen. The lack of reliability on delivery (what and when), vagueness in the plans and unwillingness to lay things out or engage here just leave uncertainties which undermine token value and anything we can surmise about the fundamentals from what they do say.
As usual, I will do what I can but see little point trying to answer these questions in advance. They will create what they create and bugger the community. ![]()
Letās just live with that reality now. It has been nearly two years and has only got worse.
It will only be a option though.
Those who want to run nodes to earn token to pay for uploads can still do so.
Yeah I donāt see this toxicity here. Quite the contrary, folks have been very supportive and constructive with each other - and often times despite stark differences in political opinions for example.