Penny for your Thoughts:
An already hot topic but want to see if anyone has any out-of-the-box thoughts on what will take Focus and DESO viral.
No wrong answers, just idea sharing.
1 Diamond to all productive non-AI replies and as usual $1 to $5 in tipping for those replies that rock my world.
Need to repost and reply to this original post to be eligible.
Focus goes to the moon when: The AB! token launch/issues get resolved, Focus tech is completed, Nader lawsuit is dropped by SEC, DeSo gets relisted on Coinbase, current administrator sparks a crypto boom. This could all happen within 12 months.
Waiting for a whale to swim in and buy a million dollars worth of Focus. $$$$$$. Lock it in!!
What happens to the AMM Pre-Sale Funds?
The AMM of $AB has 128M focus tokens. See here
My Math tells me that this is worth at least $70K at the current price of $focus.
Part of this is used to bid for tokens on the Buy Side by the AMM. But it's a small fraction of it. Less than 20% of it (around $13K).
So what happens to the remaining 80% of the Funds raised by the Pre-Sale. It is not just about this $50K. With just 20 more launches, this will be more than a million $. And the only ones who have control to these AMM accounts is the Core Team.
We need to get clarity on this as stakeholders of the protocol.
PS: I am not trying to question the intent of the core team. But, this is one where anyone getting into any pre-sale or anyone launching a token needs to know before they launch their token. If everything extra invested by my supporters is going to sit in the core team's kitty, I may not launch a token, but may do a Pre-Sale. We just need to know how this extra money will be used. e.g. It might just be used to beef up the buy-side which will give more confidence to holders to stick on.
Tagging a few big stakeholders who I assume have more influence than I so that they can help get some answers. Repost if you agree and ask for clarity as a stakeholder even if you hold 1 DESO or 1 Focus.
Edit - Additional Information:
$AMurloc pointed this out to me in the group that @nader had replied to this question earlier. I do remember reading this comment from Nader and also replying there that the only right answer here is to give the money to the Creator or even better to his Holders either via BuyNBurn, Fatter Buy-Orders or Airdrops. I was surprised by the extent of the Delta Amount here. e.g. The $AB AMM has nearly 0.1% of all Focus Holdings ($70K) and the $0xWallStreetBets AMM has nearly 0.05% of all AMM Focus Holdings (around $30K)
@WhaleDShark @0xBenE @brootle @darian_parrish @RobertGraham @HighKey @0xAustin @NFTz @Krassenstein
Buy some Focus token using my link and I'll be your friend forever: focus.xyz/?password=KVCFNP6L
All-In Podcast covering a number of interesting topics: youtu.be/RBoGJlpSdpY?si=N_g5I6IJDzlvj2Zj
Big fight tonight
A short list of fun facts:
* Animal Oddities:
* A shrimp's heart is located in its head.
* Cows have best friends, and they experience stress when they're separated.
* Polar bears have black skin underneath their white fur.
* Hummingbirds are the only birds that can fly backwards.
* Body and Biology:
* It's nearly impossible for most people to lick their own elbow.
* Identical twins don't have the same fingerprints.
* Earth and Space:
* The number of possible unique chess games is greater than the number of atoms in the observable universe.
* Earths rotation is slowing down.
* General Knowledge:
* The longest word in the English language is the chemical name for the protein titin, and it's incredibly long.
It's not hard to be kind!
Focus is key.