Constellation (DAG)

This is going to at least 50x. There's plenty of time they haven't even released the new materials, source code or test net.

My point is that there is no reason to shill there. It will blow up regardless.

Most of the scum on biz is gone. We are bros and we need to help each other. If only 5 people buy cheap dag because of this thread we've done a good deed. we're all gonna make it. Dag will be in the top 60 eoy

iota - 3 billion
hashgraph - 2 billion
dfinity - 800 mill
byteball - 600 mill
nano - 500 mill
rchain - 300 mill
taraxa - 100 mill
holochain - 65 mill
fantom - 40 mill
constellation - 16 mill

while I should mention that iota doesnt even support smart contracts yet. dag is literally a better hashgraph at 16 mil mcap, while hashgraph is raising a fortune.

I forgot the best review by spec. He also recommended icon wan and block collider early. amazing read
>spec-rationality.com/constellation/

You're right user I found this coin on Biz back in April been following ever since. Hope anyone lucky enough to be reading this thread at least reads into this project

50x incoming boizzz buyy

yeah anons i definitely see this project moving forward

any refutation to these anons, or should I be worried about this?
>
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Bro the team couldn't be more transparent about this:
medium.com/constellationlabs/constellation-token-distribution-internal-audit-july-2018-6e853fa117e4

docs.google.com/spreadsheets/d/1WKcl6z3APqP-VT7uBIKB7NtWI2pUaJBbBBrnV5e7lZU/edit?usp=drivesdk

1. the top 100 holders hold a vast majority of tokens in almost every project in crypto. just take link as comparison. the top 100 wallets also hold more than 90% of all link. its the same in every project. thats just how wealth is distributed on our fine prison planet.
2. thats pure fud and nothing else. the devs of dag give FULL transparency, which is awesome. (source: cdn2.hubspot.net/hubfs/4221910/Constellation-Token-Model-1.pdf) the foundation holds 26% of the tokens.

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Ahhh shit, haven't accumulated enough yet.. delete pls user I need another 500k

because i bought another kuckoin shitcoin/blockchain that doesnt airdrop 500 mill tokens to pajeets in august and sold in ico 70% of the total tokens not 10%

how could they not be transparent about it? You can see it easily on etherscan anyway, it's not like the devs are doing you a huge favor by admitting they own the vast majority of the supply. And how does them admitting to it make any less likely for them to dump on your ass? Is it because you TRUST them? Because that's with crypto is all about, right? TRUSTING people?

didn't the airdrop happen july 24, with a 6 month lockup?

you cant see the tokenmetrics on etherscan. a project has to announce them, and that isnt self-understanding. many project hide the real token metrics and bonuses for as long as possible. a transparency on the level of what the constellation team is delivering is rare a/f

also 26% with a 4 year vesting period isnt the "vast majority of the supply" fren

Living in SF and all they talk about is this fucking thing. Ridiculously big names are backing this project. It will explode once those people make themselves known, lol.

Okay, I was just sending that user materials to answer his question. Like I said up above I am not trying to shill this and don't care if you buy or not. 20% is reserved for validator rewards. Supply will increase to around 1 Billion in December due to bonus and advisor token unlock. Everything else is vested.

the top 10 wallets own 83% of the total supply, which is several orders of magnitude larger than the current circulating supply. Who owns those wallets if not the devs?

Read the fucking google spreadsheet I posted.

good question user

It's a retarded question because anyone who looks at the spreadsheet I posted can see all 9 Foundation wallet addresses.
See

Yes, it's all very nice that they have promised to use these tokens in their control for various purposes and you probably trust that they will, but it doesn't change the fact that 10 people (at most, probably less) have access to wallets that contain 83% of the tokens. Or can you post a smart contract that actually proves they have to use the tokens for the promised purposes?

Now you're moving goalposts. I sent the answer to your asinine question before you even asked it and I'm done helping you. Bye Felicia.

Holy shit excellent read ty

How am I moving the goalposts? I merely stated that the devs own the top 10 wallets containing 83% of the total supply in
You did in no way prove that the devs do not control those wallets. In fact, you reassured my belief that they do, indeed, control those wallets, but they have promised to use those funds for various purposes. Nice to see people like you still have some TRUST in crypto, where would we be without it?

>Who owns those wallets if not the devs?

You can find the answer to that yourself retard. I'm not going to deny that they are being Jews with the token distribution.

most retarded FUD Ive read in a while. If you were to question tokenmetrics of mid/small cap projects you wouldnt be able to invest in a single one of them. not a single one. go buy ltc then

"proof of meme"?
whitepaper is a literal joke

>Or can you post a smart contract that actually proves they have to use the tokens for the promised purposes?

still waiting

I don't think you realize the extent to which this team is adhering to regulatory compliance. They are legally bound to abide by this model and defrauding tokenholders would be grounds for legal recourse.

Wow, no need to get all aggro on me, fren, just trying to stress test things before investing in them. DAG doesn't seem to be doing too well at the moment, desu. Are you implying someone other than the devs control those top wallets then? It appears you know who that might be, why would you not just tell us?

I'm just trying to find out whether or not DAG is a good investment. If you think my statements are wrong, then feel free to debunk them. Also, many mid/small cap projects have decent distribution, most of them just aren't ICO'd tokens created solely by the devs out of thin air. And I admit that if the devs are honest and deliver on their promises, then this project might have a bright future, but I would prefer if they simply didn't even have the option to exit scam.

shut up

Test net, new whitepaper and source code all getting released this week. I also don't see how they could feasibly exit scam with that supply at $1M daily volume.

The CEO Brendan is primarily in control of the token metrics and has been the one publishing all of that information.

This, I bought bags of Holo and Constellation because they have actual teams and are 10x-5x under their matured market cap

Also the second those team tokens move the price would tank. The team has no reason to do this.

I'm not saying they will necessarily exit scam right now, but what if they do it at $5M daily volume? $5M will have almost anyone set for life, and the temptation to do it can easily set in if you have the means to pull it off at your fingertips. I guess I'll just wait until they release the source code and go from there.

>...what if they do it at $5M daily volume? $5M will have almost anyone set for life
that's not really how volume works lol

>what if they do it at $5M daily volume? $5M will have almost anyone set for life
Cringe

>Proof of Meme

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Okay, let me write it out then, since it's apparently too hard to put 1 and 1 together:
When the daily volume is higher, then it is also likely that there will be more buy orders on the book. Since the devs received all of the tokens for nothing, then they don't have to wait until they can sell all of them for the market price, they can simply clear out the order books on all exchanges. If they can net $5M doing this, then that would be very lucrative.

They raised $33.7M they could have exit scammed months ago.

daily volume != the amount of buy orders, and as said, they've already raised like 30+MM.

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Do you guys think it will dump after the release on the 1st? I need more REEEEEEE

If they have so much money, why, then, did they feel it necessary to keep the absolute majority of the tokens to themselves?

I know there isn't a direct and constant relation between the two, but stop acting like a brainlet by implying there isn't a correlation between higher volume and more buy orders.

>If they have so much money, why, then, did they feel it necessary to keep the absolute majority of the tokens to themselves?
why did hashgraph raise 100m for 5% of the tokens? see fren I just know you are a noob. but the token metrics of dag are actually GOOD. not perfect. but actually and definitely /good/. so just profit from this nice opportunity or proceed to other threads my fine sir.

yeaj a lot of dumb fud itt. the supply owned by devs is bonuses lockes till like december for presale buyers plus node benefits going forward for years plus bonus for seed investors locked for.like 2 years. they have been the most thorough and transparent project ive bought this year

DFINITY is the worst at this. Anyone who buys their into their crowdsale is going to get dumped on HARD

The no ICO situation is fucked, but I'm really looking forward to the Scala and even the meme cohomology stuff

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