/biz/ - Business & Finance

>>14359827
If you try to FUD, do it a bit better please! Like this:

The private investor has bought 7.5mil tokens in the early stages of the project. Smart move from that anon! Because the smart anon had 27.5mil tokens (the team only 5.5mil), the V-ID team decided to buy back 2 mil tokens from the private investor. 1 mil got burned, 500k went to the learn and earn program, and the other 500k went to their pockets I assume.

On December the 24th there will be a insane increase of the circulating supply. 500k learn and earn in september + 5.5 mill from the private investor. A nice round total of 6 mil fresh tokens ready to fuck up your christmas. YAAYYY. The "learn and earn" (aka free airdrop for cryptobaggers) will lead to:
1. A disgusting community with people like: "when airdrop"
2. A sell off on the exchanges because people got it for free.


By the way a increase of 6mill on the current extra circ. supply is 22% extra coins on the market. I can't stand the following guerilla hype tactics, think about this for a second:

- DGB Verittas announcement; no info yet, soon.
- VIDS token; no info yet, soon
- IoE project (with a IBM logo in a exaggerating video also very cringe)

I think V-ID is pretending to be a whole lot bigger then they are right now. It has great potential, but the give aways and the fully running hype machine shows to me that there is something missing. When a project is good (like chainlink) hype isn't needed on this scale. V-ID is a small business with a strong business model, that's it. If you ask me, this token is all speculation and BS. The gains are real though, congratz vidt holders.