/biz/ - Business & Finance

Going to throw some money at this..

>>19964468
whast that

>>19965076
Ava Labs fren

>>19964468
redpill me

>>19964468
What are the KYC specifications and the minimum amount to buy?

>>19964468
Don't tell Nu-/biz/ about it. they deserve to suffer.

>>19964468
Going for sale option B

Where the fuck do I buy? Since I saw the interview with Sergey I've been pretty hyped.

Love the project but distribution is extreme shit.

>>19965360
https://info.avax.network/

>>19965394
C.R.I.N.G.E
I hope this shit tanks

>>19965379
Yea it sucks but it will pump till first token release imo, hence option B

>>19965412
lockup for how long?

>>19966555
1 year.

>>19966588
does that mean that they are not expecting appreciation of avax 80% or so in value over the next 365 days? we are talking about crypto here; one year is a long time

>>19966783
I know, it's almost impossible to justify a year to lock in less than a 2x

>>19965379
Totally. When you consider total supply is 720m, that puts it over a 600m cap at launch, so even a x2 is 1.2B cap territory. Not the best buy in history but probably a good combination of safe bet + small-medium upside.

>>19964468
I tried asking what the circulating supply would be on launch, but they're too fucking retarded to come up with a valid answer. Does anybody actually know?

>>19964468
Scam. If you wanna make money off a shitcoin, get Suterusu BEFORE it moons, not after.

>>19965394
wait for a golden sale opportunity like DXD / DMG. it will absolutely happen again

>>19967970
^ or go all in SUTER and wait.

>>19965412
Wait, so they're only offering 2% of the entire supply to the public? What the fuck is this shit?

>>19968000
Yeah not the best distribution in history by any means.

it is shilled by retarded africans don't buy this shit.

pretends to be ultra decentralized yet offers 2% of the supply and has made a private sale which is instant red flag.

360M tokens for foundation, devs, community, partners
12M tokens for sale to public
Lol

>>19967997
Is this all you do all day you useless faggot?

>>19964468
almost got into the private sale before they revealed their evaluation and lockups

lmao at one who is b uying this shit

>>19968312
Larp. The private sale was invite only

>>19964468
NEWFAGS AND POORFAGS ATTENTION
>Im in this shit since 2015
>Big fan of Emin Gün Sirer and evertything hes done for btc and eth since 2012
>every next eth and next btc is shit because its same shit wraped in new narrative but with 0 organic community only vcs ready to dump bags on you for next 10 years
>was really interested in ava because its new consensus protocol and Emin is legend
BUT
>vc preseed rounds
>only 0,97% sold to public

So if you want to know what happens to vc chains after this kind of launch jst open hedera or algo charts
Even in case this shit gets any traction you will have years to buy in at lower price

DO NOT FUCKING BUY THIS SHIT AND LOCK YOUR ETH 1 YEAR DURING PHASE 0 HYPE

>>19968447
Same here, I like Emin but this distribution is ridiculous.

>>19964468
why the fuck are you sharing this coin? just out of curiousity. you do realize how hard it is to get into the ICO right

how low of an IQ do you have u retard i hope you die i dont care if this bumps up the post

>>19964468
who the fuck is still buying this shitty coin offerings

50 centsss for 750m supply lol
at 0.0001 I would buy some

bomp

85cent? And then after X0 days team starts dumping on you, what the fuck are they thinking?
The only risky way to make some money is buy the 85c and dump it within a couple of days for a quick profit since it will be the price floor, but this shit will definitely crash to 10 cents later on
I was thinking they were doing a Dutch auction, fixing the price is scammy as fuck

>>19968447
>BUYeFT ID
Based financial ID
But yeah, I think Hedera is the perfect analogy. Good, promising project with absolutely fucked token distribution. People bought HH for TWELVE cents in the final round of ICO.

>>19968720
Firstly, I've been on /biz/ since 2017 and remember a time when you weren't just out for the blood of every other person on this board, and would share good projects pre-ICO.
Secondly, as has been amply covered in this thread, the token distribution is cooked so it's not a super muh hidden gem anyway.

>>19968364
no it wasn't

also: if you don't have connections that could've gotten you in, what are you even doing in crypto faggot?

>>19969589
At this point its just retarded there was 8 new vc chains and 8 more incomming q3/q4 2020 and everyone doing this despite fact last 20 tryes played out same.
Thing is they dont care vc load up in pre phase, dumb retail buys, vcs dump and they are in 2-3x proffit and can ride it free forever with rest of stacks
Ava (now avax?) rides on Emin name alone same as algo on Silvio, fucking avalanche consesus is whitepaper form rocketpool anyway (so they acually not doing anything original anyone can try to build on this protocol)

Fuck jews

>>19969674
you have no one but yourself to blame for not taking advantage of free loans at the moment and sticking them into shitcoins

>>19965394
you should wait till it hits exchanges and drop 50% like all ICOs

Immensely disappointed, Another great coin that won't see any green because of scammy token metric, This is worse than algorand.

Fucking terrible because I actually thought AVA was fantastic. Why did they fuck everybody like this?

>>19964468
another cunt trying to be someone instead of just using Bitcoin. I miss Satoshi bros

>>19965595
unfortunately all the locked tokens get 10% of the batch unlocked on day 1 too.

>>19968231
no private sale is the least of the problems here, private sale had basically the same price as public so its irrelevant

>>19969606
the ICO is tiny it will sell out in 30 seconds. the more you share, the less of a chance u have

delete this thread bro so you can make yourself some money and shill it when its out

>>19971015
They're releasing 1% of the supply to the public, I'm not sure this is an ICO you want to be racing into anyway.

>>19971015
>>19968720
Are You retarded?
Acting like you found secret gem in one of most hyped and worst r/r icos of the year

0.97% LMFAO

>>19968447
>>19968580
>>19968776
>>19968967
>>19969589
>>19969890
>>19970002
>>19970996
What's the problem with the distribution? Private sale buyers paid the same as public will, and the absolute easliest seed A round was more than half the price, almost no difference as these things go.

>>19971709
less
than
1%
sold
to
retail

Whats the problem in that?

no uniswap yet?

>>19971752
The majority of the tokens will be distributed to the people who are building the product and the community

>>19971869
Dude.....

I ran 5 validators using my relatives' IDs so I already have 10k of these, kek.
Cost me $100 for the VMs