/biz/ - Business & Finance

Needs an exchange.

>>9514549
In China... this product is GENUINE

A pile of turd doesn't change just because you gave it a fresh coat of paint.

AKA nobody is using this garbage and never will. All their partnerships are completely useless and unrelated to their product, they just announced them to give the price some action

>>9514605
Agree with you. I think they want to release the product (the Alpha version of the app for Android) first, before listing on exchanges. Hopefully at the end of this month.

>>9514626
What?

>>9514633
>nobody is using this garbage and never will
They already signed a partnership with the United Nations' World Food Programme. Devery's tech will be utilized to verify the supply chain of food which will be delivered to more than 400,000 school students in Tunisia.

https://www.ethnews.com/un-wfp-is-leveraging-blockchain-technology-to-track-school-lunches

>All their partnerships are completely useless and unrelated to their product
I don't know how did you come to that conclusion, but their partnership with the UN and them being in JD.com's accelerator program is really related to their specialty, which is supply chain.

https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/emmasandler/2018/02/27/chinese-retailer-jd-com-launches-blockchain-accelerator/&refURL=&referrer=#3a1dd6f5516e

>>9514549

Honestly not much different from their last website. I like the idea and think it will be useful, but the tokenomics are weak and I don't think EVE will be worth that much in their system.

>>9514549
These bags are heavy as shit famalam and they still refuse to list on an exchange

>>9514690

Thanks pajeet. So they're doing a FREE pilot of their protocol for some kids in an african country. Surely this means corporations will want to buy this trash when better solutions like TRAC, AMB, and VEN (And the latter two have ACTUAL blockchains for supply chain management, not a pajeet ethereum token)

You are beyond retarded and don't have any understanding of blockchain tech if you think this pile of shit will ever get actual usage

The fact that people think a barcode scanner APP connected to ethereum will make them money is just fucking hilarious.

Seriously, congrats. Also, let us know how NULS and AXPIRE would possibly help them.

>>9514735
>the tokenomics are weak and I don't think EVE will be worth that much
Interesting. Why do you think so?

Because the EVE token is actually the core of their ecosystem. Manufacturers/brands will have to use the EVE token to mark their products on the blockchain. More manufacturers/brands using Devery's tech => more demand for the EVE token. More demand => price rises.

>>9514746
>they still refuse to list on an exchange
Actually, Chironjit just stated yesterday, that the FUD against Devery has cost them the slots in exchange listing. Well I don't know if he was being honest or not, but what I do believe is they are waiting to release their product first before working on exchange listing. I can wait.

>>9514761
Sure anon. Thanks for your valuable opinion.

>>9514781
>Because the EVE token is actually the core of their ecosystem. Manufacturers/brands will have to use the EVE token to mark their products on the blockchain. More manufacturers/brands using Devery's tech => more demand for the EVE token. More demand => price rises.

This is so fucking stupid.

This guy thinks companies are going to buy a volatile token on a crypto exchange in order to manage their supply chains

Look, I'm only being abrasive because I don't people to fall for this piece of shit. It's a terrible investment.

>>9514781
>Actually, Chironjit just stated yesterday, that the FUD against Devery has cost them the slots in exchange listing
I saw that, that has to be bullshit. What FUD against devery?

>>9514781

From what I understand when using the token the supply can recirculate ad infinitum since there is no burn mechanism. The price will be determined by the gas cost of the ETH nodes and there's a huge incentive to keep the price low for verifying products from a business perspective.

>>9514822
>What FUD against devery?
I heard there were several FUD threads on the Devery's subreddit lately. I haven't had the chance to see their subreddit. You can check it.

But to name some, there were fake news such as Antoine leaving the team, excessive complaints about lack of communication from the team (team actually had to announce the UN partnership earlier because it was leaked) etc.

>>9514868

Hint: Try asking him how millions of txs per day (a prerequisite for any serious company trying to manage supply chain) are going to be stored on the ethereum blockchain

>>9514868
Those are all concerns that were left unanswered by the team. They copy paste answers in telegram to every question and say they cannot comment on anything else. It's like you're talking to bots.

I have never heard of anyone losing spots because someone made a thread or two on reddit. What kind of garbage exchanges are they even trying to list on..

>>9514916
A product is tagged and stored on-chain as a transaction on the ethereum network. Once. For the millions of units produced.

You can then verify that the product on the shelf is indeed the same one that EVE protocol confirmed as genuine. This does not require an ethereum transaction.

You don't understand how it works. Or you're just fudding to accumulate. Either way, you're just wrong.

>>9514775
Wait until you see the next partnerships.

(Hint: theyre both top 50 MC projects with a VERY real use case)

>>9515098
You mean those someone leaked in Telegram last week?
I don't see how partnering with other crypto projects will help with price, they need actual companies. They already partnered with 2 other projects like previous anon said and it only made the price dump even more.

Also their updates are really short and lack any kind of detail, it takes them like 3 minutes to write one. We also need a centralized exchange. Look at other similar young projects, TRAC and AMB, both valued 7x higher.

>>9515167

If this doesn't concern you enough there's also the fact that they told EVE holders they can't hold an AMA for a few months. Talk about not giving a shit about the community.

>>9514781
>Actually, Chironjit just stated yesterday, that the FUD against Devery has cost them the slots in exchange listing
proof? what did he say exactly? that cant be true

>>9515167
what were the leaked partnerhsips on telegram?

my hands are pretty weak right now and I have a 300k+ stack since ICO, I need any reason to hold if you have one lol

>Hint: theyre both top 50..
:D
>MC projects
>:(
Lmao who gives a fuck about stupid crypto vaporware partnershits

>>9514549
but my rep subreddit senpai, we always buy reps, we build a whole fucking culture around it.

>>9515167
yes, yes goyem. wait until price reflects the value of use case, then buy my bags.

this shit is essentially at ICO price and you're lamenting how it hasn't jumped yet, while one of the BIGGEST online retailers in china has selected their protocol for testing. FUD more.

>>9515252
WAN and NAS are in discussions with the team. I can't say more.

>>9515410
okay, cool i guess but I dont see how partnering with several different blockchains is a good idea?

Does anyone here know if they are still going to give us the "expansion of the devery ecosystem" update this month? Does this mean partnerships?


im fucking suck of holding this, its been 5 months and ive only lost money

>>9515474
>its been 5 months and ive only lost money
But it's currently 50% up from the ICO price in gwei anon.

>>9515781
right, but im down in fiat

I hate how the team handles everything

>>9515806
>but im down in fiat
Etherscan says it's 4% up from ICO price in $. We had quite a dump in the last weeks due to the silent weeks after the UN partnership announcement.

I admit they still should work more on their communication. But I guess it's because they're not allowed to share any details before JD.com gives them the green light.

Taken from the Telegram chats:

>Hark:
In order to understand how BTTS nodes work, one need to understand how the EVE token works, and what the use case is. EVE is used to fuel the verification process. Applications will receive the EVE token as payment for hosting verification applications on the Devery protocol. EVE is used to mark on the blockchain, this EVE is then transferred to the application host as payment for hosting the applications via the protocol. Now, whenever you send an ERC-20 token (such as EVE) on the Ethereum network, you need to pay a “gas fee” in Ethereum (ETH) to fuel the transaction. This means that people need to hold both ETH and EVE. BTTS nodes are being implemented so consumers only have to hold EVE. The BTTS interface provides the ability to transfer EVE without having to pay for the Ethereum network transaction fees in Ethereum (ETH). Instead, the consumer pays for the token transfer fees in just EVE. BTTS nodes will stake ETH, and they will pay the ETH gas fee for the consumer, and will be rewarded with EVE. On the other hand, if the user chooses to, users can still transfer EVE tokens while directly paying ETH transaction fees. BTTS is an optional add-on technology only to ease the process of EVE token transfers.

>Evan:
Regarding ETH not being able to compensate transactions, the team feels confident that ETH will be fine for their needs, not to mention some of the upgrades the network will be recieving. They've already mentioned they can pivot to another block-chain or make their own if that need is required — take tomo-chain for example, it's already build to be compatible with ETH smart contracts and is written in the same solidity language.

WHICH blockchain isn't a concern. Devery handles the whole integration and interfacing with the blockchain — the customer/brand/business only has to worry about using the devery protocol and writing their own apps in traditional programming languages like java.

>Nadya:
Also verification price is set in eth/usd and charged in eve equivalent.

Answering your previous questions: POS, sharding, side chains, token bridging and plasma are all solutions to this concern as they will increase scalibility and reduce transaction cost. The team has always stated we believe in Ethereum long term and this is why we chose at the start to base our protocol on its blockchain. Adding to that we're aware of transaction costs on Ethereum and this why the team understands and has thoroughly researched/already begun taking steps for our current projects for the impact these solutions will have.

If you're interested to learn more about Devery, join the telegram chat:
>t.me/deverychat

>>9515364
That actually says a lot about the team and how they're not giving a fuck about the community or anything else for that matter.
We also don't know the extent of that "testing" with JD, it's basically just an accelerator and doesn't mean much else, everyone knows this.

But look at other projects, a healthy amount of interaction with the community, got listed on multiple exchanges while we're still dicking on IDEX 5 months after the ICO. Ability to write nice updates that are not just a "quick update" after 40 days of absolute silence.
How is that FUD? Those are cold hard facts about the project.

seriously, can anyone give me a reason to keep holding?

are there any upcoming dates that matter or is everything "in the coming months" and we will never know

>>9514916
Typical brainlet. KYS pls

>>9516110
You also need your mom to calm your autist ass every week right?

>Tg admins are answering every question in detail.

>>9516519
That's the bagholder mentality m8. When half of the community is pissed and the rest are trying to defend the team for doing a poor job, this has never ended well I've seen it happen so many times. Those projects get forgotten fast and then the price bleeds for months.
I'm selling as soon as they drop those partnership news.

Good luck.

I looked up the whitepaper unlike most of you tards and they don't even mention how their platform will track supplies, just a couple of lines of code. In fact they don't even need a cryptocurrency with what they are trying to achieve just like most of the vapourware in the cryptomarket

>>9516581
Kek. Mad cuz it didnt flip fast? You probably sold ETH at 50 cents.

>>9516609
Dumb

>>9516205
because nadya is a babe