/biz/ - Business & Finance

Here is Patrick Byrne, CEO of Overstock talking about FLO (by mentioning OIP)

https://www.youtube.com/watch?v=d7UlM0CpMQo&feature=youtu.be&t=59m10s

Open Index Protocol (OIP) is a specification for a worldwide database for decentralized publishing, distribution and payments and it will make dApp creation on the FLO blockchain a breeze

>>10641395
If you're the same dude, I bought when you shilled after I read up about it.

So thanks OP.

Here's a screenshot straight from the presentation video of the tZERO platform.

This blockchain will be worth in the hundreds of millions in the future, especially when OIP finishes their development on the protocol and make dApp creation a breeze for the FLO developers

At 300 satoshi, this was 50% discounted by the incompetent imbeciles from Poloniex who, in the biggest delisting brainfart, they decided to delist FLO along with Pinkcoin and Riecoin LMFAO

>>10641428
He is also involved in POLY I believe and has coinbase connections

This is the only Blockchain with a metadata field (OP_RETURN) that's worth mentioning besides Factom.

But notice how not many people are using the Factom chain for building dapps. Oh, and there's also Bitcoin Cash, but that will forever be known as a scammy shitcoin

Also, if you still don't understand the role of OIP in here, think of OIP as with any Software Development Kits. It will be used for creating FLO dapps easier

You can check the development in here
https://github.com/oipwg/
https://oip.wiki/Main_Page

They are also building a media sharing platform on FLO at:

https://oip.io/

There is a ton of development that has been done since early 2013, but the marketing team has just started working on brining that to the surface and let people know what you can do with this chain

Nobody is selling

>>10641395
Thanks op

>>10641727

Because they were all busy selling at the all-time low following the Polo delist

By the way, unlike with the scammy erc-20 shit tokens that raised millions and developed nothing, there was no ICO or Premine with this blockchain.

Back in 2013-2015, if you were launching an altcoin with a premine or instamine, you were being considered the scum of the earth.

All the development has been done by people who had to work on full-time jobs on the side. They've spent money from their own pockets for making FLO what it is today

Oh, and by the way, If you think that the next bull run will pump your alt coins that are sitting in the hundreds of millions or billions in market capitalizations, prepare to be FUBAR'd

There are a ton of blockchain with high potential that are sitting under 10M in market cap because of the recent bitcoin bear run. Those will be the ones who will replace most of the shit you see in the top 200

>>10641395
good post, OP

What's your background?

>>10643215

Developer, Marketer, Blockchain Investor/Trader
Found about Bitcoin in 2012. Invested in FLO a ton of money at $800k in market cap. Didn't sell at all, not even when it got to $40M :)

I'm waiting for the hundreds of millions in market cap once OIP is finalized and people start building the next twitter, paste-bin, chat apps and all kinds of text-based dapps on top of $FLO. You can say that FLO is Factom on steroids, since it's more oriented to helping the community build dapps instead of relying solely on partnerships like what Factom does

Overstock with tZERO, Medici Ventures and Caltech have legitimized this blockchain even more.

tZERO, who raised 500 million, and who is using FLO for storing their DLR records, is worth now over 1 Billion.
------"Chinese private equity firm GSR Capital has confirmed to Forbes that it signed a letter of intent to invest as much as $270 million in blockchain startup tZero, a subsidiary of e-commerce giant Overstock.com."

Medici Ventures, another subsidiary, who's also using the $FLO blockchain for storing land registry data, has signed a partnership with the World Bank.
------"Overstock.com Blockchain Subsidiary Medici Land Governance Signs Agreement with World Bank to Enhance Access to Secure Land Rights in Developing Countries"

FLO, a blockchain valued at $5M is powering companies that are worth Billions of $. Let that sink in for a minute

I never paid any attention to it. Maybe because of the name and previous logo ?

I see that it went through a rebrand and a new marketing strategy.

I might buy some in the near future

>>10641395
>the next Youtube
fucking lol
you'd buy shit if they told you so. fucking sheeplets

>>10644573

The fact that you focused on that part alone shows how fucking insane you really are.

Yes, they are building the next Youtube in a decentralized way.

By the way, this is Tim Berners Lee (the father of the internet) showing his appreciation for Alexandria.io, which was built on top of the FLO Blockchain and IPFS

https://youtu.be/D5owZMsVRX0?t=498

>>10641395
those bags must be heavy OP

>>10644994

I'm still 6x in profit, don't worry about my bags.

In a sea of overvalued shitcoins (mostly erc-20 tokens generated in minutes) that have delivered nothing, it's good to post and show to the idiots that are buying only because a coin was listed to X exchanges, that projects with fundamentals still exist.

That you don't need tens of millions in ICO + premining the shit out of your token to develop a product, something of value.

If you can't respect even these types of projects whose teams have used their own funds to continue with the development, then there's no hope for you, cretin!