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File: 36 KB, 261x307, Screen Shot 2020-11-03 at 9.54.35 AM.png [View same] [iqdb] [saucenao] [google]
23703368 No.23703368 [Reply] [Original]

After reading the Tomochain FAQ (https://forum.tomochain.com/t/faq-tomochain-lition-acquisition/740)) they published today on the Lition acquisition, I noticed a peculiar answer towards the bottom of the page:

Question: "Richard had a clear plan for Lition tokens burn reducing the supply to 100.5 Million over the next years. Will the schedule stay the same or it will change?"

Answer: "Regarding all the ongoing token-related plans (such as liquidity program/ token burning schedule/bridge) started by Lition Technology AG, TomoChain Pte. Ltd. wasn’t involved in designing/developing any of those and don’t control the security and movements of any wallets in 6 months since the Closing Date of the Acquisition according to the Acquisition Agreement. Therefore, whether and how all these token-related plans will continue are up to Lition Technology AG."

This was a concerning update, so here are the questions I have officially asked the team for clarification on:

1. In February, 2020 (this year) it was communicated to the community by the Lition team that 70% of ecosystem token unlocks would be burned until the last vest (April 15, 2021). Are all ecosystem 70% token burns going to continue after the Tomochain purchase (this includes the October unlock)?
2. When is the official "closing date of the acquisition"?
3. What is going to happen to the ~7 million "community" tokens that vest between October 2020 (already vested) to July 2021 (unlocks are October, January, April, and July)? How will they be used and does Tomochain have ownership of them?
4. What is going to happen to the ~3 million "team" tokens that vest in April 1, 2021? How will they be used and does Tomochain have ownership of them?
5. Could Tomochain provide clarification on how many tokens were involved in the "treasury" purchase for Tomo if the token unlocks for the next 6 months were not included?

>> No.23704269

>>23703368
shut the fuck up FTP suck my ass tripfag

>> No.23704307

>>23704269
At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul

>> No.23704310

>>23703368
Do you have answers, or why does this need a own thread now?

>> No.23704321

>>23704307

Can't expect this place to have any sense. The only place with any intelligence is the Unofficial Chat-group, and even that is borderline.

>> No.23704326
File: 516 KB, 821x730, atomochaincompany.png [View same] [iqdb] [saucenao] [google]
23704326

>> No.23704351

>>23704310
I do not have answers to my questions yet. this needs it's own thread so that others in the community can be aware of these concerning developments.

>> No.23704387

>>23704310
This.
Fuck off spamming threads newfag

>> No.23704415

>>23703368
It's good you posted this so fast and without smilex ready to spam you back into oblivion

>> No.23704450

You typed them up in a thoughtful manner, so I'm certain you'll get a response. They're definitely legitimate questions. I'm still bullish even after the dump, mostly because the new team seems to really enjoy reaching out to the community (at least Ahn is very outgoing). We couldn't get much of anything from Richard, probably as a result that he designed something in the cryptosphere that eventually became more than he could handle.

>> No.23704469
File: 666 KB, 640x640, 1604430374306.png [View same] [iqdb] [saucenao] [google]
23704469

>>23704450

>> No.23704474

>>23704450
The problem is that these answer can only come from Richyung

>> No.23704507

What's the point of this thread if you don't have answers you retard? It's literally in the middle of the night in Singapore/Vietnam. You won't get any answers from TOMO until tomorrow.

>> No.23704532

Again, the questions make sense only for Richard and "never ever seen before" Kyung

>> No.23704735

>>23704507
You're asking me the point of a Lition thread that brings up incredibly important questions from an FAQ that was released the same day by Tomochain?

Richard and Kyung could easily provide answers to the community since it was only 7pm in Germany when I posted on Telegram and tagged them.

>> No.23704769

>>23704735
How do you know they're not busy tromboning each other?

>> No.23704776

>>23704450
I appreciate you being one of the few people in the community who seems to be rational

>> No.23704844

>>23704735
>Richard and Kyung could easily provide answers to the community since it was only 7pm in Germany when I posted on Telegram and tagged them.
ftp I like you and I appreciate what you have been doing for the community but this is just unrealistic. They have to be very careful about how to answer on this.

>> No.23704873

Anyway we need to keep pressure, not every hour but every 2-3 days it should be reasonable.

>> No.23704891

>>23704844
Kyung literally posted in the Telegram channel a few hours prior.

Richard also was posting in the Telegram channel after the joint AMA.

I understand you have to be careful about how to answer my questions, which is why I did not expect an immediate response.

But in no way does that mean that I should not make sure the community isn't informed about my questions.

>> No.23704937

>>23704891
Don't post outside of the generals again

>> No.23704971

>>23704891
Sure. Thanks again for finding this early

>> No.23705064

>>23704937
Don't ever tell me what to do

>> No.23705552
File: 227 KB, 1868x1602, 1603809425014.png [View same] [iqdb] [saucenao] [google]
23705552

They're definitely reconsidering how many tokens to burn, there's no question. If they weren't they wouldn't have danced around the question. It's not a guarantee that they won't go through with the burn, though. Anybody care to remind me how much LINK Sergey holds?

In some ways refusing to do burns is negative, in some ways it is positive because it is incentive for Tomo to increase the value of LIT.

>> No.23705553
File: 229 KB, 413x395, 1516615546932.png [View same] [iqdb] [saucenao] [google]
23705553

>>23704326
kek

>> No.23705650

>>23705552
>They're definitely reconsidering how many tokens to burn, there's no question. If they weren't they wouldn't have danced around the question. It's not a guarantee that they won't go through with the burn, though. Anybody care to remind me how much LINK Sergey holds?
>In some ways refusing to do burns is negative, in some ways it is positive because it is incentive for Tomo to increase the value of LIT.
Tomochain is not in control of the wallets related to the burns. Richard is.

>> No.23705696

>>23705650
Only for the next 6 months faggot

>> No.23705704

>>23705650
God fucking dammit. Anybody but Richard.

>> No.23705755

>>23705696
Which is when it matters. Please read about the next unlocks schedule.

>> No.23706859
File: 107 KB, 974x768, https___blogs-images.forbes.com_alisoncoleman_files_2019_06_Founders.jpg [View same] [iqdb] [saucenao] [google]
23706859

Richard is feeling cocky as fuck

>> No.23707201

"People in the community should see this". Well people in the community should als read ftp's tg once in a while. Ftp wrote about how he wants to purchase more lition, but hasn't done so yet. Please watch out anons, ftp wants to buy your bags and is here trying to fud once again. Also ftp has a personal vendetta against the team for not getting a trustnode. He really doesn't see why the team would dislike him for making screenshots of personal dm's with the team and putting those in public chats for the whole world to see. Ftp might have a high iq, his eq is lacking.

>> No.23707270

>>23707201
OH NONONONOOOO FTP EXPOSED

>> No.23707294

>>23707201
Patricio's voice message out of context used for his personal crusade was the moment he crossed the line. Stalking Dragos to know if he was paid was another gem.

>> No.23707309

>>23707294
Kek, autists are always funny.

>> No.23707401
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23707401

Will this pump before May, thats all i care about i'll be honest

>> No.23707519

>>23707201
1. I do want to purchase more Lition... but only as long as I know that Lition energy and Richard don't control 10% of the circulating supply.

2. I absolutely was annoyed that I didn't get a trustnode, but in no way do I have a personal vendetta against the team lol (I just happen to think they are incompetent)

3. Patricio said that I could share his voice recording of the consensus update with the community... but I still only shared it with community members who DM'd me asking about it. Then months later I shared to a wider audience (as any good community member should have).

>> No.23707542

>>23707294
Out of context? Me giving my opinion about what Patricio told me would have been out of context.

The whole point of sharing the voice recording was so I didn't put my own spin on it lol.

In terms of Dragos, I asked him if he was a full-time paid employee and he wouldn't tell me. The only other thing I did was look at his LinkedIn.

If you noticed, the Tomochain team directly said they have over 30 full-time developer employees. That's how you communicate as a professional company.

>> No.23707580

>>23707519
3. No, that's just wrong. You shouldn't share dm's with the public. That information is supposed to be private. If you don't understand that, you've got serious issues.

>> No.23707612

>>23707580
Patricio said I could share to the community. I explicitly asked him.

>> No.23707618

>>23707580

What about "Patricio said I could share his voice recording" do you not understand?

>> No.23707635

>>23707618
Patricio was super pissed and claims he didn't give the permission

>> No.23707651

ftp is ok but his fan following is just sad

>> No.23707695

>>23707612
That's what you first said, yet he said it wasn't meant to be shared in later dm's. I saw the dm's, ftp. He wasn't really sure about it and if you used your head you would've known it was the wrong thing to do. The fact that we're having this convo says a lot. You really believe you didn't do anything wrong, do you? You lack empathy, it's just not there.

>> No.23707697
File: 71 KB, 354x485, Screen Shot 2020-11-03 at 2.26.45 PM.png [View same] [iqdb] [saucenao] [google]
23707697

>>23707635

>> No.23707723
File: 42 KB, 351x288, Screen Shot 2020-11-03 at 2.30.04 PM.png [View same] [iqdb] [saucenao] [google]
23707723

>>23707697

>> No.23707748

>>23707695
What exactly did he say in the recording that was private information? It was a general update talking about some of the developer issues they were tackling.

>> No.23707797

>>23707748
Once again, that's not your choice to make. He shared it with you in a dm (also known as pm or private message). And why only post these dm's? In the other dm's he said you shouldn't have shared it. Context is also important of course, there was an update in the making but you chose to present the info yourself.

>> No.23707816

>>23707651
Maybe you should become a fanboy

>> No.23707832
File: 65 KB, 353x483, Screen Shot 2020-11-03 at 2.38.02 PM.png [View same] [iqdb] [saucenao] [google]
23707832

>>23707797

>> No.23707854

>>23707797
I just shared the DM's you are referencing about him not being happy. I'll share whatever messages I need to, it's just hard to share entire conversations lol.

And yes, it was Patricio's decision whether or not I could share (which he said I could)

>> No.23707902

>>23707797
No way anyone could be THIS DUMB. It has to be Smilex right?

>> No.23707915
File: 30 KB, 220x304, 220px-Hal_Finney_(computer_scientist).jpg [View same] [iqdb] [saucenao] [google]
23707915

>>23707816
I won't. But as I said, you're OK. You completely lack empathy but fine. I don't believe you fud to buy lower, you do it because you thrive in the spotlight and you like to feel as a pillar for the community

>> No.23707934

>>23707902
Smilex can't articulate his sentences that much, he has a very different writing style.

>> No.23707971

>>23707915
I am praying that Tomochain has a good answer to my questions. Otherwise I'll be stuck with my 150,000 tokens until April.

And yes, if I find something out about an investment or have questions I like to share to the general community because otherwise it doesn't feel fair

>> No.23707979

>>23707854
I can't explain this to someone who lacks awareness. Your screens prove my point. You take everything literally. He said an update in the making, he wasn't sure. He's also a teammember, but also a dev who isn't experienced in communication and pr stuff. You should've known this and decided not to share that info to the public. But you don't see it, do you?

>> No.23708016

>>23707971
>I am praying that Tomochain has a good answer to my questions
If they understand we want answers they might have more leverage to ask Richard to make an official statement

>> No.23708036

>>23707979
It's not my job to look out for Patricio or understand that he isn't experienced with communication/PR.

Also, there was no private information shared in the message so I don't see what you are still crying about.

Thirdly, why are you trying to distract everyone from my VALID questions I have regarding the owners of millions of tokens.

>> No.23708089

>>23708036
>Thirdly, why are you trying to distract everyone from my VALID questions I have regarding the owners of millions of tokens.
OK this was based

>> No.23708141

>>23708036
In your words "the community should know". Your questions are valid, but I'm suspicious about your motivations. The way this is presented in the chat causes fud. Like you said, you want to buy more tokens.

>> No.23708244

>>23708141
And I am also suspicious about your motivations.

This is an anonymous message board... everyone is suspicious of everyone lol.

The way I presented it in chat was in no way incorrect or misleading FUD. I generally want to know the answers to these questions.

I am scared shitless that Richard may end up controlling a large portion of the token supply because of this 6 month loophole.

>> No.23708360
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23708360

>fud bad

Price goes down, the more money I am willing to spend acquiring more lition. Common sense says the partnership+the GBR in 2021-2022 will push lition to 7 dollaridoos, it's just a matter of when and whether it exceeds that level for a brief time (until the inevitable crash causes it to lose 90% of its value and stabilize).

>> No.23708440

>>23708244
>I am scared shitless that Richard may end up controlling a large portion of the token supply because of this 6 month loophole
That would be that "skin in the game" he mentioned.
One question: can we all agree there is no way tomochain doesn't know if this is going to happen?

>> No.23708638

>>23707580
This dude is a little bitch. Ftp is the only reason I'm still here.

>> No.23708743

how much is worth staking

>> No.23708914

>+20% in 30 mins
did I miss an announcement? wtf is going on?

>> No.23708964

>>23708914
>low liqudity
>any sell or buy over 50k, combined or separate, moves the price 25%
>people are still worried about the dip and think it will last for longer than a month

>> No.23709025

>>23708964
ftps fud might be very effective, we might see lower prices

>> No.23710084

>>23708638

Lil bitch indeed. FTP is doing the work the rest of us cant be bothered to do. The least we can do is cheer him on.

>> No.23710121
File: 425 KB, 1126x1600, 1588635378866.jpg [View same] [iqdb] [saucenao] [google]
23710121

>>23710084
And on top of that, he doesn't give up. He will keep asking and won't accept bullshit answers.