How long u think to take exchanges accept final token?

how long u think to take exchanges accept final token? After january “eth network” will be launched. So how long after that, and how look will be this process?

In UniSwap it can be done immediately, as long as you find a good person to create a pool.

Of course, the perfect option is to wait for a while so that as many people as possible can exchange MAID for the new token before it has a price. This will avoid paying taxes (because you are exchanging something of value for something of zero value).

At the moment when it is traded on an exchange and is at a higher price than MAID, the tax authorities could argue that you owe tax on the difference…


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Ideally you want same value or you could be taxed on disposal total value, since the initial value was near zero. Unless you do that in the same tax year and can offset the loss on exchange.

Dose the air drop method get us out of that problem ?

I know but I rather thought CEX then DEX…

for my estimate, it could be something at one year at least to get volume on temporary token

The biggest issue I have seen in the space is clarity. It feels like logic does not prevail and the rules are open to interpretation. Here in the UK that means solely how HMRC or the individual agent interprets it means it’s above the law.

I see the same in the USA.

So all logic aside, it’s a pure mud pool of masses of moving regulations and this is really where we get issues for sure.

I do feel this will clear up though, it really has to and then when thee are solid rules we can follow then we should be able to move quickly and ensure compliance, but right now and in the last 5 years in particular it’s worse than a lottery. It seems if a project gets noticed, it gets closed or at least pushed to the edge.

I would love for these regulations to be made clear, no matter what we end up with, just make them clear.

There can be many arguments made, but even massive multi billion $ companies struggle like mad here. Even with erc20 or similar there is no clear route.

However, my strong feeling is that we also need and with absolute certainty, I feel we need a massively concurrent digital currency with no centralised data structure at all. i.e. I feel tying it to a data/knowldge network makes perfect sense. Utility that backs the currency etc.

I would love to see us try a few experiments here and when launched I would love to see the ideas come to the fore and maybe even have digitally secure transactions of zero value first then move on. I am not sure, it seems without solid rules though, anything is a lottery with hidden rules.

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I’m not sure. I’m taking about disposal so it depends how that is treated, plus how they value the air drop.

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That is a good point. It may do. I’ll ask my accountant.

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part of the problem for the part time node operator part time Daily Internet Driver is keeping solid records for what it costs to actually operate a fleet of nodes on a system. It would be good to have a calculator tool build into something like

node launchpad

which in theory might be the right tool to also keeps track of node runtime hours ,

because the cost to operate the node,

plus the power used are also part of the write down against any earnings,

not to mention the time spent upgrading/tune the system running the fleet of nodes, especially during waves of beta and the replacement cost of media over the years,

which is going to happen,

so keeping track of media wear/life would also be a good thing to be doing with launchpad, in theory

so that media can be pre-emptively replaced (msg notification), especially for those running NAS systems with removable media.

All of these accumulated operating costs and capital costs overtime if tracked,

help reduce the tax burden in most places and

also helps sharpen the buying acumen of the node fleet operator to acquire the expansion and replacement systems to run future safenode fleets more efficiently.

That said I also think a P2P market will develop on Autonomi where I send some tokens locally (from my smartphone wallet to their smartphone wallet via Bluetooth) and receive a chicken or a basket of eggs in return, when I am at the farmer’s market, and they will do same to buy an oil change for the pickup, and on and on it will go. :wink:

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I figured better question maybe…

do you know some specific requirements (like volume) by solid cex, to implement specific coin (final autonomi token)?

It really does vary per exchange and per project. Any details project specific are always under NDA from the triple A exchanges. I think in general it’s just using your common sense though, think from the exchange perspective, if it makes business sense to add, they probably will.

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As long as we can get a good community DEX pool for ANT/ETH up and running, it will save people having to use CEX with KYC and the associated privacy violations through the Crypto CARF framework for “some” country’s.

The issue will be how the community can fund a DEX on day one of TGE with potential undefined lock-in periods for the tokens ? There will need to be some unlocked tokens on TGE to provide liquidity, but we won’t know until the white paper is published on who or where that is coming from :thinking:

The exchanges will come, if they can smell :money_with_wings:

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P2P token <> compute resources/real world goods (asset1value==asset2value) is the only exchange mechanism I see where autonomi can survive. Cypto tax accounting is excessively complex , when added to strict regulatory compliance required by fiat currency exchanges such a mechanism becomes neither feasible or desirable for this kind of network . IMO it will be wasted effort for anyone trying, while also discouraging the former.

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