/biz/ - Business & Finance

>>52623185
why are you spamming other threads? heavy bags?

doxxed team ser?

>>52623185
This isn’t anywhere on the London stock exchange. Why lie?

>>52623317
https://www.londonstockexchange.com/securities-trading/market-connectivity/partner-platform

>>52623305
Yep.

>>52623279
I'm done accumulating at all time lows. Time for it to get awareness. This is the biggest gem in all of crypto right now.

>>52623185
Ever since the name change last week (Alliance Black) I'm having doubts about the whole project.
Will probably sell tonight.

Token utility:

● The medium of exchange - ALBT token will be the main medium of exchange for services
and assets on the platform. Users, institutions, and data providers will pay in ALBT for,
issuance of a new financial instrument, services, access to datasets, and more. In the future,
users in the ecosystem will be eligible to use ETH or other coins, however, every transaction
will require some involvement of ALBT token. In order to address problems with volatility, we
design a stabilization mechanism that involves the usage of DAI described in the Contract
Design chapter.
● Mean of reward - nodes owners, and other relevant network participants will be rewarded for
maintaining the network in the form of the token from the Reward Protocol.
● Currency reserve of ecosystem Treasury Pool - AllianceBlock Foundation will behave as a
central bank in order to maintain the healthy supply and demand of ALBT token in the
circulation supply. Foundation will provide and execute Fiscal and Monetary Policy long term
strategy in order to stimulate the healthy growth of the network deeply described in the
Fiscal and Monetary Policy Chapter.
Token Economics Paper
10
● Network fees - every transaction will require to pay a small portion of fees in the form of
ALBT token. It is required in order to avoid transaction spam of the network. Transaction fees
will be adjusted together with network Nodes and Treasury Pool needs in order to maintain a
sustainable ecosystem and user base growth.
● Mean of payment for access to data and data query - network participants will provide
access to their datasets in exchange for tokens. Gathered data will be structured and resold
by data vendors or repositories. Thanks to the availability of micropayments, ALBT tokens
are perfectly suited for transactions that involve multiple queries.

>>cont

>>52623375
● Collateral in transactions - ALBT token will be used as collateral in transactions between
network participants. Tokens will be locked in order to guarantee the financial liquidity of a
service receiver entity. Users will have to lock ALBT token in order to benefit from financial
assets issuance protocol, data repositories or service providers. Another side of the
transaction will also be obliged to lock a certain number of tokens or be a node owner in order
to execute underlying services. The collateral mechanism is deeply described in the Contract
Design chapter.
● Voting and delegating of voting power - network participants will be able to delegate tokens
to Institutional Nodes responsible for network and ACI updates increasing their voting power.
The process is deeply described in the Governance Protocol chapter.
● Staking - by setting up an Institutional, Data, or Service Node, network participants will
benefit from staking protocol. In the early stage of development of the network, staking
expenditures will be covered using Reward Protocol, after, together with the development of
the network, staking will be covered from network fees managed by Treasury Pool deeply
described in Fiscal and Monetary Policy chapter.
● Network Participant Rating - every user, will be assigned with the token index that is an
outcome of the number of tokens held, time of tokens held, and active participation of events
involving tokens such as delegation. The index will be considered in the overall rating of
relevant network participants.

Every KYC you do in the future will be through alliance block with their new TVID solution which allows users to do KYC without a 3rd party being able to steal your info. It uses zk-snarks to anonymously do KYC.

>>52623357
Whites and blacks don't belong in North or South America.

>>52623568
seethe brownoid

>>52623185
those bags must be heavy huh

>>52623669
Considering I bought at 4 cents, no, quite light actually.

whats price prediction next bull run, 5 dollars ?

>>52623677
and that is why you are spamming the board because its at all time lows and you need fools to pump your shitcoin so you can dump fuck off faggot