I have some money to invest and it looks like DAG is the candidate:
Pros: >Ultra-low market cap, 6 million USD >Will make IOTA, NANO, and partly ETH obsolete with better technology >DAG founders decided to burn ALL their tokens, 7.2% of total supply! >Deflationary token model >MainNet in Q3 >Staking >Dynamic Partitioning >DAG has smart contracts >Horizontal scaling >DAG is a platform >CEO actually ran a business with 45 million in annual revenue >Advisor: Rehito (Ray) Hatoyama former Managing Director of Hello Kitty (Sanrio) >Partnership negotiations with NASA, General Motors and Denso >US, San Francisco based
Just as Nano, DAG is: >Free >Instant >Green However, they are superior to Nano in virtually every way. >Part of a large ecosystem, with real use cases that will provide security for the network and world-wide market. Same as IOTA, but better >This large ecosystem and not solely a currency will provide protection from Central Bank regulators, like ETH & IOTA, but unlike Nano. >All zero-fee systems are open to spam attacks. Constellation has a much more advanced and elegant solution than Nano with their reputation system. >Nano has an insane business model where Nano node operators have to do it for free. This will either lead to a crash, where no one bothers to run nodes for fun and take all the costs, or an insane centralization where Amazon controls nearly everything. Constellation has a very elegant solution where micropayments are free for everyone, while large consumers of bandwidth will have to either pay for it in DAG tokens, or run their own nod Plus >Whitelisted for all major exchanges. Didn’t have ICO. No US pre-sale investors >Good time to buy, coins on sale: archive.is/nIcDE >Partnered with the University of Illinois >CTO Wyatt writes in academic papers
Cons: >Constant FUD from psychotic pre-sale investor that lost money when the market crashed in 2018. Spamming biz with debunked accusations, lies and fabrications; e.g. exit scamming, doing cocaine, lost all funds through daytrading, vaporware etc.
If you have a better crypto then please list and explain why.
Gavin Martin
Good choice user, token burning was impressive, pic.
I hold a bunch of DAG but what is impressive about a token burn from non-circ supply? Market cap doesn't go down at all. It's just a stupid gesture imo
I really hate this Ben guy too. Wyatt seems alright, but he's no Vitalik. We need 5 more of him. Ben Diggles and Matias are solid. COO is some metro black retard
Grayson Baker
>hold a bunch of DAG but what is impressive about a token burn from non-circ supply? Market cap doesn't go down at all. It's just a stupid gesture imo They will burn it 4th of July, market cap will go down accordingly. He is great Whole team is great, including black gay guy.
Christopher Wood
Mention Kucoin, light-nodes on phone, Salesforce distributed system on team, Oracle product development, automotive, GM, Honda, Mobi, Hyperledger, state channels
>They will burn it 4th of July, market cap will go down accordingly. no it won´t you retard. They burn it from the locked supply. Also that means nothing. They couldn´t sell their token anyway without crashing it even further. Nobody would even buy that shit. Just fucking lol. This whole thing is worthless and they fucked up 2018.
>Wyatt seems alright, but he's no Vitalik. We need 5 more of him Also have to aggree here. Nobody will buy that. Never stick with coins from the last cycle.
Carson Ortiz
How is it better than Fantom? (I hold neither but love dag speed)
Camden Hughes
>market cap won't go down. do you know how CMC works? Non-circ supply doesn't count >no it won´t you retard. They burn it from the locked supply. Also that means nothing Circulating supply went up when they announced it. Don't spread misinformation.
James Taylor
>team has a shady history including a failed ICO called Rakugo that they tried to scrub from the internet >CEO daytraded (and lost) funds >Rest of the C-Levels refused to address allegations and pleaded the fifth by trying to sweep it under the rug >team still refuses to address what happened and won't disclose their funding status >now begging the government for grant money >announcing proposals and PoCs as some sort of partnership >toxic community consists of maybe two dozen street shitters >Orion community portal absolutely dead and inactive >same 5 anons autistically spam this board trying to find redditors to dump their bags on >community members respond with hostility to any skepticism of the integrity of Constellation >even doxxed a teenager and harassed his family just for talking shit about the project >still no clear direction of where this project is going >every update is riddled with Silicon Valley buzzwords to obfuscate the reality which is that this is pure vaporware Anything I'm missing?
Zachary Barnes
>Circulating supply went up when they announced it. okay, didn´t know that. Some guy from their telegram group told me otherwise, that´s why I said it
Thomas Bell
>>Orion community portal absolutely dead and inactive >>same 5 anons autistically spam this board trying to find redditors to dump their bags on >>community members respond with hostility to any skepticism of the integrity of Constellation >>even doxxed a teenager and harassed his family just for talking shit about the project That should be enough already for everybody with half a brain to stay the fuck away
Carson Moore
It's not clear because some supply went up when they reorganized wallets. Economically speaking, token burn will only have an effect in the long term.
Xavier Morris
from what I've seen the community is pretty fun and lots of banter, I don't quite get that point
Landon Bennett
>It's not clear because some supply went up when they reorganized wallets You believe reorganizing wallets will change the circulating supply? A few hours after DAG announced token burn on telegram, CMC added those tokens to circulating supply >Economically speaking, token burn will only have an effect in the long term. No. It will have an immediate effect on market cap, lower, on 4th of July.
Isaiah Martin
>to stay the fuck away You mean from your lies and dodgy comments? Sure, of course we will.
Nicholas Evans
That's my understanding, but I have not seen anything official from Constellation or CMC. If I remember correctly, the amount of added tokens just hours after token burn announcement were approx or same as the token burn on 4th of july
Sebastian Scott
The only thing I posted that could conceivably be untrue is that Brendan daytraded the funds, but from the team's response to the allegations (or lackthereof) we are forced to assume the worst.
Eli Howard
in my experience cmc doesn't actually respond fast at all, that's why I doubt it, but let's see
Connor Watson
Maybe they informed CMC before the announcement?
Ayden James
Bought 2 mil Unironically
Zachary Hughes
Just buy Banano. Nano already has the userbase and Banano is a 1M market cap. Shit is gonna explode
Brayden Edwards
>now begging the government for grant money Oh, here is something new FUD that hasn't been debunked and proven wrong months ago. What grant money are you talking about and how is getting grant money a bad thing?
Kayden Jenkins
The NASA proposal reeks of desperation and only furthers the narrative that they are close to insolvency.
Wyatt Gutierrez
>The NASA proposal reeks of desperation and only furthers the narrative that they are close to insolvency. OK, let's say you are not the fudder in full psychosis? How did you reach that conclusion? Partnership negotiations with NASA equals a sure sign of being close to insolvency?? And you lied about government grant money. Like the rest of your psychotic fud. Tragic.
the "team is going to exit scam to Nigeria" fud from a few months ago. that was my favorite because who who wouldnt jump at the chance to exit scam to Nigeria
Wyatt Cox
>citing the former chink scam shilling faggot who gets any good gems (aka Chainlink) from lurking here. Also they paid him to make that video
Cooper Johnson
>merely submitting a proposal for a grant is a sure sign of partnership negotiations and not a desperste plea for additional funding Weird flex but ok
Ethan Moore
Old CEO wanted to save muh Africa with blockchain, new CEO is business chad interested in getting actual use.
Benjamin Lopez
how about the 750 million tokens in the hands of 12 advisors who are just aching to dump this on reddit's heads.
Blake Adams
how much you need to stake?
Ryan Mitchell
No thanks. Look at their website.
Leo Williams
They’re announcing that in the next week with the tokenomics info
Jonathan Rogers
any chance for small anons me i will be able to stake?
What the fuck are you talking about their website is awesome
Kayden Ross
Unironically bought another 1m DAG
Joshua Baker
>>Nano has an insane business model where Nano node operators have to do it for free. This will either lead to a crash, where no one bothers to run nodes for fun and take all the costs, or an insane centralization where Amazon controls nearly everything. Constellation has a very elegant solution where micropayments are free for everyone, while large consumers of bandwidth will have to either pay for it in DAG tokens, or run their own nod
If transactions are free for micropayments, whats stopping somebody from sending large amounts of micropayments through multiple accounts?
Julian Cooper
I traded all my bitcoins for dag
Jack Turner
good find user!!
Dylan Ross
low cap coins moon on controversy. some people may not like the coin and some people may be attracted to it. atleast it markets to some people. don't take fundamentals too seriously. the fundamentals in crypto is if people are going to buy it for a higher price lol. could very well be the case with constellation
Cooper Sanders
Banano is best coin
Jace Hall
just watched vid with one of their chads. project seems legit. thx user :)
Joseph Wilson
>black gay guy you lost me there. going all in on LIT
Zachary Nguyen
And just like that the influx of redditors looking for the next LINK become next gen bagholders
Aaron Martin
650m circulating out of a 4Bill supply
how does this work?
Lincoln Williams
Okay I'm not a fan of this coin but let's be rational about the supply. The circulating supply is twice that at roughly 1.3 Billion. Most of the locked supply will be allocated to validator rewards and hefty chunk of the remainder will be burned tomorrow.
Jason Collins
weird. I got 650m number from coingecko, but coinmarketcap has that doubled. Not sure if I should buy in or not
Ayden Carter
Coingecko must not have updated since bonus tokens unlocked.
Nathan Jones
Wyatt has been leveraging distributed systems on the search for extraterrestrial intelligence for NASA before Constellation so I think that's the one reason why they are co-operating now.
Logan Kelly
this coin is so slammed down it's temping to buy an unironic million. give me one more good shill
James Ortiz
>this coin is so slammed down it's temping to buy an unironic million. give me one more good shill
One out of two members of MOBI that is a DAG. That's where the GM PoC came from. They delivered big time on that PoC too.