ARK pumped. Now what?

[Anonymous No.14953111]

I have seen a lot of talk in here about token value over the past few days. There is a reason we don't talk about it openly. While it may sound great to demand we publicly declare how we will increase the value of the token for those who made a personal choice to buy it, there are a lot of reason why that is a terrible idea. The SEC has state on multiple occasions that in their investigations, whether or not a tokens value can be tied to the efforts of a single entity is a part of their determination. One major aspect they review in these situations is whether or not a company has publicly declared and conducted campaigns to increase the value of the token or in any way promised increased value to the token. They review tweets, public releases, blog posts, all kinds of promotional materials back as far as an ICO from 2016/2017 in some cases. This has resulted in exchanges being very cautious about how they handle tokens that they believe to be violating these principles the SEC has put out.

We have legal opinions stating that ARK in its current form is believed to not be a security.

Those legal opinions have been accepted by some of the exchanges we are currently on.

The lawyers who gave these opinions have strictly said, if you were to do buybacks, token burns, start directly talking about efforts you will undertake to increase token value, those determinations would no longer be valid and would be rescinded.

We have said from the beginning that ARK was a token meant to be spent within the ecosystem to interact with the functions of the network. We have laid out multiple ways in the whitepaper, in recent blog posts and AIPs, and in recent discussions some of the upcoming advancements to the network that will finally implement some of the structure necessary for the ecosystem to really start to build.

[Anonymous No.14953160]

>>14953111
I understand that everyone can't quite see yet how it all comes together at the end, but some of that is strategic on our part to maintain some form of competitive advantage.

We are laying out the components so everyone can connect the dots but it wouldn't be in our best interests to hand over a complete blueprint if you want ARK to succeed in our goals.

I promise that we aren't wingin it. I've been full time for almost exactly a year now running strategy and helping refine and push a vision. I have spent countless hours working with Chris, Brian, Francois, Rok, Lars and all of the key players on our team making sure we are synced up and aiming towards the same place. Anyone who has been here a long time and paying close attention I think can see the difference in our pace, in the design of core and how we think about the modularity, in our code, in the components starting to take shape, and hopefully in some of our communications efforts.

When I talk to people on the team, I like to use the Voltron analogy. Right now, it's like you see a couple random lions just running around. They seem kind of cool and you are like huh, robot lions, that's pretty amazing. You are just starting to realize there are 5 lions which is even more amazing, but once we bring them all together and form the head, it will all make sense.

But I get the frustrations. Price is down. Sentiment is down. Some of our competitors look like they are beating us up. It's tough.

I promise you there is a vision and a strategy and an end goal underneath all of this. If you can't ride it out through this terrible, awful crash, I get it.

You can still love ARK and participate and support us and hold BTC. We won't blame you.

But for those who hold on, I hope that when everything comes to fruition, you guys will be glad you did.

[Anonymous No.14953236]

>>14953160
I believe in what we are doing 1000% and I personally believe its the right direction. We could be wrong and that's the gamble any startup takes, but I am all in.

If I've learned anything it's that crypto communities are a tricky group.

The constant call is for hype and marketing and big results. For v2, we went down that road, we made a huge deal about it, talked about what an advancement it was for our Core, how it lined things up for us to be able to do the development we are doing now that is necessary to meet our end goals.

But then now, when we are still building, you get people who read that excitement and positivity and say, well you said 2.0 was amazing and great, why do we need to wait for 3.0 now?

What I think is that a lot of components will start to come to fruition and start working together around the launch of 3.0. I think that by next summer, ARK will be very strongly focused on user acquisition, enterprise, and an all-out marketing sprint, because the platform will be ready for major use.

People want us to market the shit out of the product right now, but look at what is happening with the updates to Core. We have hard forks for almost every release right now and we will until 3.0 (and maybe the next release after which will be focused on our consensus mechanism).

Everything we are building right now and all of the updates we have coming up are focused on the ecosystem. Focused on making it easier to be a bridgechain and exist in the ecosystem and to bring the ecosystem together.

But we bring it all together under the ARK umbrella and I think everyone will eventually see how, it's just that there is a bit of a strategic reason why we aren't quite laying out the blueprint on how. There is a competitive/market advantage and benefit to being first I think.

[Anonymous No.14953316]

Just fucking KYS already. These stupid shitcoin bagholders I swear. It's not even top 100 anymore, fucking DENT is higher

[Anonymous No.14953369]

>tfw even if it went 1000%, im still in the red
will it go back to previous high

[Anonymous No.14953385]

>>14953369
maybe when BTC.D drops back to 40% like Asuka predicted

[Anonymous No.14953422]

>pumped
>still down 96% from ath

[Anonymous No.14953846]

>>14953422
This coin isnt pumping and dumping, it never was. People hyped it during the bubble and drove up the price artificially.

I love Ark and I'm happy to be apart of a real project.

[Anonymous No.14953917]

>>14953111
T H E

[Anonymous No.14954018]

Heavy metal