/biz/ - Business & Finance

Yea looks too complicated, no one is going to decipher this. Low quality shills unironically better

Why you do dis?

>>9283765

No these low-quality shills make it look like a scam for people who don't understand the math or the parameters.

>>9283777
Checked.
Because I have autism and it's really not that complicated.

99% of crypto has an IQ too low to see real value. They buy the shitbags that are shilled with great marketing techniques. AMB doesn't do that because their partners still have to accumulate their stakes and they know their partners are there to eventually make it moon.

thanks dude it really helped clarify alot.
I think AMB has a great tokenomic actually industry oriented compared to most of the other masternodes cashgrab but i guess most of the ppl didnt get it kek.

>>9283081
>he didn’t know amb is planning an exit scam

>>9283829
Hey Ross guess who OP is? It’s one of your favorite peanut gallery cast

>>9283829

Because they took down an easter-egg that they left for people who people who looked into the QR codes? Ya, *totally* indicative of an exit scam.

>>9283711
remember to SAGE EVERY SINGLE AMBJEET POST.

>0 fucking adoption
>shAMBlets speculate on fee redistribution among MN holders
>MFW

>>9283845
> he didn’t know blockchain is supposed to be immutable

for brainlet poorfags whst kind of ROI can one expect for long term holding the lowest tier pajeet node? is it even worth holding AMB that long if you dont have like at least a second tier node? pls be honest no shill talk.

>>9283866
Reveal yourselves you two faggots. One is MrBearWolf one is the autistic al that bear wolf keeps mentioning

>>9283866

It's just a testnet where they have full control of all data on their blockchain because they control 100% of the validators right now. If you actually understood anything about blockchains you'd understand why it would be easy for them to remove an entry.

You're embarrassing yourself.

>>9283881

The lowest estimates (100x below CEO's speculation) give a return around $7k/yr with the smallest tier.

That's an enormous RoI

>>9283881

At this spot-price for AMB, ROI appears to be insanely high even with low network adoption.

Long term is impossible to say with certainty, because it depends on the number of nodes at each level, and network adoption.

However, even a conservative assumption of 1000 Zeta Nodes and 50,000 packets of data produced daily, it's a 540% ROI at this price point.

>>9283966
better return rates than bitconnect, and I get free popcorn shrimp from seafood commons? sign me up senpai.

>>9283711
delete this
>saged

Isn't it like Bitconnect when the return is so high? Reddit will not like AMB

>>9283966
where the fuck is all the money coming from? this looks like a fucking scam

>>9284044

Only at the current price point. ROI will rapidly drop once token price increases. This is the difference between an actual scam like BCC and AMB.

>>9284068
>ROI will rapidly drop once token price increases
how the fuck does that work

>>9284079
Costs more money to buy in. Same returns. Less roi. Not too complicated anon.

>>9284067
>>ROI will rapidly drop once token price

Its amazing how dense the average 4chan user is

For every bundle created, there is a $10 storage fee

50% of every storage fee is used to initiate five challenges

Therefore, for every bundle created $5 is earned by Atlas Masternodes

The companies storing their data on AMB-NET are the ones paying the storage fees (obviously)

>>9284067

You retard the RoI is high because the token is massively undervalued, it will be a smaller RoI in terms of % once the mainnet is launched and the token goes up in price.

The money is coming from real world revenue, companies have to pay for data bundles which cost AMB

>>9284068
Oh, and where did you get the $5 challenge fee from? Was it in the blog post? I just kinda skimmed through it.

>>9284067

Companies paying for AMB's supply chain services. It's not coming out of thin-air.

Consider that supply chain costs comprise about 6-7% of revenues for your average company. If you look at the US consumer electronics sector, that's about $13B/yr. If we assume that the entire sector produces 100,000 bundles on the network per day, that's still only ~$350 million in fees per year, less than **3%** of ONLY supply chain costs. It's really a very reasonable assumption on its face.

>>9284109
what the fuck is a bundle
what the fuck is a challenge

>>9283711
if anyone would actually spend time reading their cryptonomics update, they would see it's a model that makes perfect industrial sense. Biz does not deserve AMB. Go buy Tron or Cardano

>>9284124

Wish I could post brainlet pics from my phone. Go read their tokenomics blog post my nigga

>>9284124

A bundle is a collection of sensor data that is stored on the network

A challenge is the way that the network replicates data on multiple nodes, and verifies that data's integrity. For every one bundle produced, the producer pays $10. 50% of that ($5), is paid to start 5 Challenges, which pays fees to the master nodes.

>>9284121
love all the retards here discussing a mathematical formula they "skimmed thru"

Sage

What does sage do

>>9284114
Also this should come with a disclaimer, Angel mentioned in the youtube thing it would take a few years for it to come into widespread adoption.
>>9284152
I was just making sure he wasn't pulling numbers out of his ass. ur a fgt.

>>9283711
Sitting on 25k

Guess I'll increase to 30k by picking up the dips.

>>9284194

Ya, it's important to realize that projected earnings are ENTIRELY based on network adoption. This isn't a scam-coin promising you guaranteed $$ no matter what real-world conditions are.

However, that means that earnings have no cap beyond what companies are willing to pay for them. As the network is adopted, earning increase.

I have 10k amb what do I need to do to have a node?
>100% low iq brainket here

>>9284259

Unclear. Probably KYC and a PC that will meet the minimum storage space requirements.

sorry brainlet

>>9284269
Ok thanks. Where do I go for more info? I'm in the amb telegram but never read it

Jeez, some people really keep surprising me with their stupidity. Doesn't matter, got my nodes ready, will wave at ya when I soar in to exo orbit leaving you bitching at how shit the ROI is once AMB is a multi-billion dollar mc.

>>9284123
Brainlet here, why would a company use a public chain like AMB and not a private one they have total control over?
Also, how much AMB should I buy for a pajeet-tier node (I'm a poorfag)

Staking only happens with node? not with lower amounts?

>>9284348
because a private chain isn't immutable and defies the fucking purpose
This is why IBMs DLTs will fail.
Fucking plebs.

>>9284331
come back home, dog. come back home. don’t be going space-cadet, man, because there’s nothing out there. we gonna lose niggas. space is a vacuum and AMB is a shitcoin.

>>9284348
Read about what AMB wants to achieve and why, before you ask. Nobody is going to spoonfeed you common sense.

>>9284297

https://blog.ambrosus.com/ambernomics-a-cryptoeconomy-for-supply-chains-db6ee2467741

Here's their blog post on tokenomics.

>>9284348
I have a hint for you. Decentralized immutable trust.

>>9284396
>>9284440
Thnks it makes sense.

>>9284348

AMB's value proposition to big food/pharma is about trust in food and medicine from farm to fork.

The value of AMB stems from the fact that it's trustless and governed by a decentralized network of peers, and no single participant can commit fraud or modify data. The day that the network is compromised by a single private corporation is the day that the network loses value, and the big pharma companies participating know that.

A private "blockchain" might as well be an old school database, and a mutable private database can have food/medical traceability information modified fraudulently. >>9284348

>>9284471
what keeps someone from inserting incorrect data in the first place?

>>9284348
Read the 'AMBERnomics' blog post

There will be three different kinds of data processed on AMB-NET: private, shared, and public.

>Private: Material non-public information or other protected data that is created and stored by a client for internal use only. Outside of the data producer, no entity can view these records, as they are securely siloed within the producer’s internal databases. Example: The price a company paid for a delivery of tomatoes.

>>9284348

I want to add on to this.

AMB is actually doing something really interesting that allows companies to keep particular bits of data private, while still storing them on the blockchain. Essentially, they can choose to reveal particular details about a product, and not others, BUT all of that data is stored on the blockchain, you just need decryption to access some of it.

For example, I, as a farmer, might like to hide how much I sold my bag of apples to Migros for, but *would* like to show what their variety is, what temperature they were stored at, how long, etc.

This is very attractive to companies, because that hidden data can still be retrieved from the blockchain and decrypted in the event of a dispute.

>>9283711
When will you kys after NO partnerships NO adoption NO revenue NO ROI
NEVER EVER
KYS WHEN NEVER EVER
>mfw AMB is biz SOON coin
>MFW
>MY FUCKING FEELINGS WHEN

>>9284716

Thanks for bumping the thread buddy :)

>>9283865
>mfw when the legion GROWS

>>9284730
Stop samefagging bear

>>9284716
kek this faggot went from
>i'll create muh tg channel
to
>kys
topkek bearfag you're losing it

>>9284716

>>9284798
You are not receiving invite to my TG. STOP ASKING
>my feels when

I wish that they pegged the price of the fees to amb instead of the dollar. With it being based on the dollar, the higher the price of amb gets, the lower the roi is so it's its like a downward pressure that kind of prevents insane moon missions.

>>9284150

>so for every block you need confirmations

sounds like someone went I CAN DESIGN MY OWN! and changed the names to make it "seeeewwwww euniiiiiiiique"

>>9284957
THIS. AMB is an ERC token, that got moved to its own "blockchain", which is just an Ethereum knockoff. They just replaced Ethereum with Ambrosus and Gas with Nectar
THAT IS IT. NOTHING SPECIAL ABOUT AMB
No partnerships, no adoption, NEVER EVER
>mfw

>>9284730
>lesion

>>9284957

The PoS node design actual functions quite differently from ETH if you'd bothered to read the tokenomics article. You're right of course that the ETH/Gas model is basically the same.

>>9285043
what's wrong wit your face recruit? You must TIDY UP before admission to the legion.
>myFEELSwhen

AMB is a stupid coin with no adoption. It's a solution in search of a problem (hackers hacking into a database to modify sensor data) and no one is buying into this shit.

In addition, it's also a security so be prepared to get fucked up the wazoo by government regulations when they get around to it.

>>9284730
Can I join your TG club, bearwolf-san

>>9285073
>>9284816

>>9285186
? That is a coping image, everybody knows you got manipulated AMBlet. Learned something new? You are WELCOME.
>mfw

>>9285266
>up 200% in one month
>already recovering from post news dump
>"you got manipulated"

really makes you think

>>9285297
>mfw
>my fucking FEELINGS when BTFO

How do you get around the fact that no one will use Ambrosus?

>>9285348
who told you that your granny. mr bearfag or one of his minions(You)?

>>9285297
price propped by whales slowly dumping their stack to not scare krill
>up 200% in one month
And so you locked that profit in? Or you still bagholding and pretending the green numbers are yours?
REALLY MADE ME THINK ABOUT MY FEELINGS WHEN
OMEGAKEK

>>9285406

Thanks for continuing to bump this thread and give AMB positive exposure.

How many tokens for each tier of masternode?

>>9284887
yeah ok so if the price of AMB jumps 20% in a day you think companies are just going to happily pay 20% more to track their shit on this bullshit platform?

>>9285526

10k/30k/75k for the Atlas nodes

>>9285406
yes, actually I have sold 75% of my amb holdings. Had I listened to your autistic screeching for the last month I wouldn't have made the gains that I did. stop while you're ahead

>>9285548
Too expensive for me now. Oh well.

If I had discovered this a couple months ago when price was about half, then maybe. Too bad. Good luck to everyone who got in early! Still not sure if this is a legit project or a shitcoin but I hope you all make it! :)

>>9283711
For what i understand this has some speculations based on data not yet disclosed, how close to reality do you think this model is? It looks great

>>9285571
>stop while you're ahead
Were you trying to say 'behind'? TOP OMEGAKEK. The absolute STATE of brainlets I know I am ahead of you AMBlet and will ALWAYS get last laugh.
>mfw
>MY FEELINGS WHEN
>>9285487
Stop trying to get my attention. You are NOT going to be in my TG, let alone an admin. TOP FUCKING KEK

>>9285665

It's all based on adoption, so like I said, it's hard to say. You can look at my answer here: >>9284123


>>9285678

Oh it's flattering that you want me as an admin in your TG friend, but I'm afraid that I'm not interested in shitposting regularly. We all bring attention to AMB in our own ways, your's is just a little too ham-fisted for me.

>100.000 packages
lol
0 is the correct variable here, as traditional centralized databases are both cheaper and more flexible than any blockchain-based system.

>>9285735
I already said you will NEVER get to be in my TG, so stop asking AMBlet.
>mfw decemberfag buying AMB bags ATH and sucking swisscock pretends to understand crypto tech
Just leave that to the experts.
OMEGAKEK

>>9285735
Where's the info about encryption? If that part is true AMB has something the others don't and have made Blockchain a lot more attractive for certain companies.

>>9285934

Please friend, stop offering entry into your TG, it's really becoming embarrassing for you to keep getting rejected like this in public.

>>9285996

https://blog.ambrosus.com/ambernomics-a-cryptoeconomy-for-supply-chains-db6ee2467741

It's talked about a bit here, and in Vlad's presentation at EDCON

>>9286028
It pains to deny you in public, but NO ENTRY for decemberfags who fall for swissLARPs. I will crosscheck to make sure. No, stop messaging me to accept AMB as bribe. NEVER EVER
>mfw
>MY FEELINGS WHEN

>>9285678
no, i meant ahead, as in quit while some deluded brainlets on this board still give a shit about your opinion lmao. sorry i had to spell it out for you, though I suppose that reinforces my point

>>9286147
>damaging controlling this hard
It's ok AMBlet, just quit while you're only SLIGHTLY behind
MEGAKEK

>>9286028
>>9286067
Reddit spacing really puts it in perspective who is the pajeet shill and who is genuine interessted in helping people.
Bearwolf make sure to apply as janitor next time around and prune this board from shills.

>>9286067

The bear continues to bump threads filled with positive info about a coin he apparently "hates." Thanks buddy :)

I'm still answering questions about the model.

>>9286172
How certain are you that all your math is right and you haven't missed reductions anywhere?

>>9286197

The basic math I'm very confident on because it's very easy to determine the total pool of fees that MUST be paid to the Atlas Nodes. Multiple people have looked over the model at my request, and also some have come to the same numbers independently.

I'm less confident about the variance between the nodes, because there are lots of different ways that you can ensure that there are proper incentives for higher-nodes (e.g. Fixed # of nodes at each tier, versus Fixed percent challenge distribution per tier). Which model will exist depends on how they've structured their network, since Atlas nodes actually have to store data.

>>9286172
>implying this thread isn't perfect example of another AMBlet who thinks he is some high IQ autist
You excel file doesn't mean shit. Your projections are shit. You remind me of some kids that brought me a "business plan" for an online business startup and wanted funding. Put in nonsensical projections like 3% increase in customer base per month leading to X amount gross revenue per year. TOP FUCKING KEK. Go back to TG where the brainlets might be impressed. This won't fool the chans.
>MFW

>>9286271

Thanks for another bump.

Do you have anything substantive and specific to criticize the model on, (other than nobody will use AMB, lel)? I'm happy to talk about it, I don't mind being shown where I'm wrong, though clearly you have a hard time with it.

>>9286326
>bump
Glad you at least admit you are a newfag. I'll give you some time to figure it out.
REMINDER: NO PARTNERSHIPS, NO ADOPTION FOR SHAMBROSUS
ONLY "SOON" FOR AMBLETS
>M F W

>>9286271
>You remind me of some kids that brought me a "business plan"...
>"OMEGAKEK"
>MFW
>MFW

Who's the larper now?

My sides

>>9286368
lol you haven't actually been using sage if that's what you're trying to imply. I've paid attention because I thought you might be.

>>9286380
>kids brought me a "business plan"
>for a lemonade stand
He also admitted he lives in his parent's attic in another thread a while back.

S A G E D
A
G
E
D

>>9286368
>calls others newfriends
>doesn't know that sage gets overridden by posting images
lol

>>9286394
First look through FAQ? I remember those times. TOP KEK
>>9286380
Idk. Maybe you?
>>9286414
welcome back legionary recruit, or is it the legionary poet, or the "bot master". TOP KEK stay BTFO you will never beat me.

>>9286427
>mfw didn't read
Looks like it's about me. Thanks for immortalizing the BearWolf
>mfw

>>9286443

Ugh, is there anything obvious than a newfag pretending to be an oldfag. How long have you been on here? 1-2 years? You'll learn in time how to be subtle about what you're trying to do here, keep trying, I believe in you!

>>9286368
>you will never beat me
true i'll never be as pathetic or idiot as you.
I wish i had all your free time tho...

>>9286487
>>9286488
>being this NEW
MFW
MY FUCKING FEELINGS WHEN

>>9286443
wtf you on about mate?
S A G E D
A
G
E
D
stay salty...
and poor

>>9286499
>being this new you actually think "mfw" stands for "my feelings when"
Damn, he's going all out

>>9286550
and what is real definiton? share crumbs of your wisdom, oldfag

>>9283992
wtf? so if AMB increases in value like x5 i can expect $35k payout annually? or am i missing something? sorry im dumb

>>9286580
>the absolute state of /biz

>>9286550
>tfw newfags pretending to be oldfags
this fucking FACE when

>>9286580
You could just google it and avoid the embarrassment of asking. But since you asked so nicely, I'll help you out new friend. Stands for "my face when". I've seen it used ever since I got on here back in like '08 or '09, it's been around for ever.

>>9286613
You're trying way too hard. Just drop the act already, it's really not that funny.

>>9283765
Complicated? It's simple multiplication and division, are you retarded?

>>9285934
When MrBearWolf gets frustrated and forgets to use the right images.

So this assumes that AMB-NET earns half a million dollars in pure network transaction fees per day? That seems a lot. How long is it expected to take to reach this level of adoption?

>>9287328
2050

Hello flyingderp

>>9286632
>implying I'm here for your entertainment
How's it feel to be this new?
>>9287200
Thought I'd mix it up a bit.

>>9284079
It'll cost more for a node, therefore less node operators. This isn't promising exponential return as the token value increases.

are you able to stake and earn returns without a master node?

>>9287907
no, you should but MONK if thats what you want

>>9284497
They would need to have a certain amount of control over the network of nodes. It's akin to the 51% attack hypothesis on Bitcoin (correct me if i'm wrong). This is obviously an extremely difficult task to accomplish as there would be thousands of different node operators located in different parts of the world. You're on /biz/ but you don't even know why decentralisation is so important...go read up on basic shit my man.

>>9284348

It's a great question. AMB's take on this is that you can provide value to the consumer by displaying transparency from a decentralized service.

Companies are more welcome (and likely) to use their own inhouse solution as it would likely be cheaper and they could still reduce supply chain costs. That being said, AMB's value proposition is that consumers would find value in a transparent company as they are trying to instill trust with their brand. Obviously, there will be a lot of competition in this space and it will be interesting to see how many people really value the decentralized transparency.

>>9285934

Mr BearFudChow, how do I order sewer oil from your store?

>>9288241
Delet. Don't call me that

>>9288580
Got you a new image to use.

>>9288651
You have my permission to post.