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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23563430 No.23563430 [Reply] [Original]

mTokens + exchanges = burn. This is what we all wanted with Kyber in 2018-2019 but never happened. This is your chance.


DMG locked in NFTs are removed from the circulating supply. We're working on a scheme where users can purchase the NFTs and we'll price match them using the locked tokens to amplify the DMG backing each NFT. This does two things in tandem:

1) Reduce the current circulating supply
2) Take tokens that are currently locked and keep them locked, whereby they never touch circulation.

Why does this matter? Those bullish on the ecosystem should want to get these NFTs because they function as franchise rights for the ecosystem. The NFTs are finite and in order to become an asset introducer you need to do two things:

1) Own an NFT for your specific region
2) Have the DAO vote to allow you to draw down funds, therefore "activating" your NFT to perform its functional use.

Quori is fucking huge and it is literally like stealing down here. DCA or /Deal with it/.

>> No.23563521

Might consider throwing a few bucks in at 5-10 cent.

>> No.23563541

>>23563430
I will throw $1000 in when it hits .03c

>> No.23563558

>>23563521
Imagine thinking this isn't the bottom.

>> No.23563612

>>23563558
You said the same at 50 cent, 35 cent, and 25 cent the other days. Fact is nobody cares about this now. Deal with it.

>>23563541
Nice. Maybe I'm too impatient waiting only until 10 cent. Might as well wait for full capitulation.

>> No.23563636

>>23563612
20 cents is bottom, this is just that momentary cap wick purely due to BTC. happened with LINK at 18 cents (20 cent bottom) 2-3 days and we begin the ride back to thirties+ IMO.

>> No.23563686

>>23563541
bold statement. are you gonna DCA down or just go balls to the wall at that price point? either way DMG is pretty solid

>> No.23563884

>>23563686
18? i've been DCA'ing for a while because you can't time ALT runs in a bull run. ape on the way down, sell on the way up. it's that simple.

>> No.23563898

>>23563686
oh, you mean him. he is a larper.

>> No.23563913
File: 256 KB, 1280x777, IMG-20200904-WA0196.jpg [View same] [iqdb] [saucenao] [google]
23563913

>>23563884
>ape on the way down, sell on the way up. it's that simple.
based & monkeypilled
https://www.youtube.com/watch?v=8pLU6bUFoKY
$2 EOY

>> No.23564015

On November 15 when tokens become unlocked, won't that increase circulating supply and lower the overall price? Should we not wait until then to buy more?

>> No.23564042

>>23563913
HOO HOO HOO *armpit scratch*

>>23564015
you think this is going to stay at a $6M marketcap?

>> No.23564097

>>23563430
governance token not needed

>> No.23564749

>>23564097
No, u

>> No.23565240

>>23564097
it is tho.

>> No.23566292

Pretty grateful for this swing. I believe. I accooooomulate.

>> No.23566408
File: 26 KB, 200x226, 1591021278650.png [View same] [iqdb] [saucenao] [google]
23566408

can some repost what OP said but targeting a brainlet

>> No.23566448
File: 105 KB, 1372x606, DMGlinkers.jpg [View same] [iqdb] [saucenao] [google]
23566448

>>23566408
this is all you need to know.

>> No.23566491

>>23566448
In 2017 the top place would be REQ

>> No.23566542
File: 72 KB, 1200x675, DMGBITMAX.jpg [View same] [iqdb] [saucenao] [google]
23566542

>>23566491
Nah.

>>23566408
Go look at NFT's. Quori Capital.

>> No.23566961

>>23566542
I started laddering on Quori. Will wade in the pool a bit. 0 fucks because I know what's coming.

>> No.23566979

>>23564097
This. Team owns more than 50% of the token. Makes owning the token completely useless as your vote will never matter and devs will pass whatever proposals they want