Launch Planning: Community Update šŸš€

Of course it can survive like that.

Crypto market cap is $2trn currently, and has grown from nothing to where it is today with the on & off ramps that exist, and Autonomi will have access to those, plus the ability for many people to earn with a node.

What’s the actual problem you see with Autonomi’s token vs any other crypto regarding fiat on/off ramps?

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I like this idea a lot. First app for autonomi?!

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Im volunteering to test it.

Just as soon as @JimCollinson arranges the delivery of a couple of test kegs.

Premium Czech or German beers, please Jim, or nearly anything from Williams bros or Fyne Ales.

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Here capital gains tax replaces the other possible taxes and means I cut taxes in half. But can only claim it if you have the asset for over a year before realising it

Do we know yet what L2 system we are using. That feeds into the real question if you know yet what gas coin will be used for the L2 chosen.

no need to walk, just put the phone on a rocker and register steps :wink:

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I’ve tested it, their algorithm is quite aggressive in filtering, say only real walks count towards token generation:


Privacy. Security. Freedom

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I really don’t understand this… Where do the coin come from and what gives it its value?

  1. Why would someone give me those coin for me doing sports?
  2. Why would another someone think those coin are worth something?
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Why would anyone pay you to do math on your computer and burn electricity? What is the likelihood that BlackRock are pouring billions into crypto because they need censorship resistance?

Everything created by humans is a matter of social consensus, since it is not a physical law.

A group of people believe in something and that gives it value.

If they stop believing, the value disappears.

14 million people use Sweat and believe that sweat generated crypto has value, yes the value is speculative but like any crypto you can do anything with it from sending it without third party permission to selling/buying it without third party permission.

The idea here is not that Sweat is something unique, but it proves the concept that getting into crypto is more and more accessible, that’s why I brought it up.

Sweat is not unique, there are other similar ā€œexperimentsā€, I drew your attention to it to show you that you lack information and therefore your statements are wrong.

In general I have noticed that few people here on the forum are open to the wider crypto world and are stuck in 2014 not understanding how much things have changed as @JimCollinson pointed out:


Privacy. Security. Freedom

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Stuff can just be fun as well, not everything has to be about profit. The gamification of exercise does have quite a long history :laughing:

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okay … it’s like collecting coins that can be spent at partners of the project

more or less some form of advertising/marketing … per 1000 steps ~0.95 sweat coin with a value of ~0.007$ each - max earnings is capped at 10 coin per day if I read that correctly - so max earnings is 2.56$ per year - now that I can believe :slight_smile:

but in the case of sweat coin we’re back again at profit - those coin have monetary value because you only can ā€œsaveā€ when you spend them in partner stores …

thank you very much @Dimitar for educating :slight_smile:

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I see I didn’t do well. What you reviewed that can be spent with partners is Sweatcoin, a separate in app coin. The crypto app and coin is just Sweat. It is related to Sweatcoin in that the steps are verified by it. But Sweat is a normal crypto, you can spend it anywhere - the main token is on the Near protocol, but there is also an ERC20 token, both versions are traded on decentralized exchanges too:

So you really can literally with your steps earn enough crypto without KYC to transact on L2 with the future erc20 autonomi token - for free.


Privacy. Security. Freedom

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aaaaaaaaaaaaand i’m lost again - thank you very much @dimitar … I guess I need to install the app to see what’s going on there …

obviously there’s much stuff I don’t understand in this world …

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It’s a conditioning exercise, so that ultimately you will be a dancing monkey and will do whatever the app says for crypto, then trade that in for real world services. If you don’t, you don’t eat, that I assume is the longer term goal, that is, once the means of doing so is a nano chip inside you to record that you are being a good dancing monkey.

Also note that not every single thing can be done from the app directly. But the app is not a custodial, you have access to the private key and you can import the private key into an external wallet from which you can trade on Near decentralized exchange without a fee and use a bridge to Ethereum (I have not checked if there is one to L2 directly).


Privacy. Security. Freedom

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This is the Sweat Wallet app you are talking about right?

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Yes, but currently there is only 1 validator in the ecosystem - Sweatcoin, so you need to download it first:

And after a day of walking it will allow you to generate a sweat wallet in the Sweat Wallet app.

By the way Jim they have a Learn section where partners present their projects and at the end there are a few questions and you get a prize for completing the quiz. I don’t know how much money they want, but it might be a good idea to check to introduce Autonomi there as well…






Privacy. Security. Freedom

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I see ALL crypto as the problem. Autonomi requires a 3rd party centralized exchange to survive. How can a a platform that advertises itself as an anonymous, decentralized, uncensorable network that requires a centralised entity that requires every node operator to present a passport photo to the centralised authority in order for the network to function long term. I am not saying I have a solution* but pretending this IS a solution is stupid.

(* Except to keep it as a voluntary p2p network - the more resources you contribute the more you can use the network - which would be fine for many)

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Bisq does. As I’ve pointed out over and over again. Integration would give us everything we need. But aside from all the likes I’ve gotten on my posts above on this, the team ignores and waves hands.

False. You can trade Bitcoin for fiat through Bisq right now.

Remember also that Bitcoin had no on or off ramps when it started. People traded locally and some still do. There are still websites for trading peer to peer as well.

There are gray areas now, but seems they aren’t motivated to engage in developing them.

False.

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Bisq still requires your bank/visa to transfer funds to a seller. Its not anonymous and its not decentralised. Its just LESS centralised. And regulators can stop banks from processing funds for crypto at the stroke of the pen if they wish. I am actually surprised they haven’t already, its coming soon , for sure.

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Depends how you use it. It is decentralized as it’s peer to peer. It runs through Tor, so it’s as anonymous as the particular token allows it to be.

The only way to trade with fiat and not use a bank account is to do so locally and that’s always an option for people to do.

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