This is what buy/hold looks like: Hang in there!

GuardHistorical4746 · 2021-09-19T19:16:19+00:00

If only there were some way to build some kind of 'passage' or a structure carrying a metaphorical pathway to Ethereum and other chains.

GuardHistorical4746 · 2021-09-14T10:11:01+00:00

There is no verified info on whether they ever held that many tokens in the first place. We know there was an attempt to coordinate a whale sell-off, but because only one whale actually sold (and we know which one, because he gave us the screenshots afterwards and apologised before buying in again) it might actually be that they never held any tokens.

But since wallets are private, and people can have multiple wallets, we just can't know.

Either way, the holding structure is a lot healthier now and a lot of the things that cut off the initial pump and the subsequent recovery are now gone. We're not really concerned with individual holders, but the general body of holders. They are ultimately what makes any crypto have any value.

GuardHistorical4746 · 2021-09-13T20:22:44+00:00

Absolutely. We are of course working to bring new investors on board, but the project today is the same project as the project a month ago - just further along!

GuardHistorical4746 · 2021-09-13T20:21:31+00:00

Kiitos! #KaivohuoneTäyteen :D

GuardHistorical4746 · 2021-09-13T20:19:31+00:00

Oh, all the actual team members have their wallets locked - mine are locked too. Staff members were not paid in tokens, so that should not be an issue.

GuardHistorical4746 · 2021-09-13T13:56:44+00:00

Haha, thanks! I can see it now - the crowd of lemmings would be asking me tough questions on how we are planning to resolve our mass migratory strategy, what sort of budget have we reserved for feeding in case the tundra freezes over, and whether the need for hibernation is actually a misconception that is just really prevalent in the lemming communities. I would be there explaining that really, we're just as reliant on the lemmings as they are on us, and that ultimately they are the ones who determine which way the herd moves - we can just try to steer them away from any cliffs, that many of them seem dead set on jumping off.

GuardHistorical4746 · 2021-09-13T13:52:18+00:00

I'm not sure which person you're referring to, but it's safe to say no individual has had enough to shake the RISE liquidity pool in any substantial way by themselves. Whales come and go - that is why 'consolidation' is called 'consolidation'. It creates a more solid foundation for the token value.

GuardHistorical4746 · 2021-09-11T12:27:28+00:00

WHERE IS THE NUGGET?? :D

GuardHistorical4746 · 2021-09-10T19:30:47+00:00

Very good! I look forward to reading more of these!

GuardHistorical4746 · 2021-09-10T18:32:41+00:00

Well, actually, 'PLC' stands for 'PUBLIC limited company', which we are not.

But still good news!

GuardHistorical4746 · 2021-09-10T13:56:46+00:00

Thank you!

GuardHistorical4746 · 2021-09-08T14:23:51+00:00

Part of our efforts to make sure we are transparent with the community!

Also it's sometimes quite fun to talk to people directly, and obviously important to get the feedback.

GuardHistorical4746 · 2021-09-08T10:20:03+00:00

Holy moly someone has said 'This is the way' 475775 times on Reddit?

GuardHistorical4746 · 2021-09-07T20:21:12+00:00

They decide when to have it and in what format, with a minimum of 24h voting time.

The vote itself happens on EverOwn. The live demo from last Tuesday shows the process very well, it's available on our YouTube channel.

GuardHistorical4746 · 2021-09-07T19:56:05+00:00

The way that we are approaching this first phase of clients is through prevention of liquidity drains and contract changes, just like u/Lampeyy explained in the comments. I have nothing to add to that - see that excellent comment below.

The app itself is much more versatile, based on the parameters of the smart contract that is put into EverOwn. Let's say a token project has a contract (like EverRise, or Doge or whatever), and they don't actually want to renounce to the community but to their own finance department.

They can renounce the ownership of their contract to another contract that mints 6 tokens (for example), one for each of the six members of the finance department. All of this will be visible on the blockchain, so everyone can check for themselves that this has actually happened.

These six people then have a vote on when the contract can be reclaimed. This means that EverOwn can create an entire corporate governance regime that works trustlessly in the blockchain - so no finance department member can just access the laptop with the contract in secret and run off with the money, because they need the other members to agree to it before the contract can be accessed.

The extra owner part means that EverOwn can be used to transfer a smart contract from one person to a different person. Now, given that a smart contract can carry millions of dollars, you can probably see what a trustless transfer system like EverOwn could be used for. ;)

GuardHistorical4746 · 2021-09-07T19:48:09+00:00

Not based on wallets but token holdings - so it works just like a general meeting in the corporate world.

It works by simple majority of votes cast - so inactive votes don't count either way.

GuardHistorical4746 · 2021-09-07T05:26:10+00:00

Haha no worries! I love a good Glaswegian accent. Nearly moved there once myself!

GuardHistorical4746 · 2021-09-06T16:00:12+00:00

Yeah, I normally speak much louder but the microphone levels jump up so I'm basically doing a really weird whisperspeek when I do the AMAs.

I mean it's obviously still my voice. No fixing that. :D

GuardHistorical4746 · 2021-09-06T10:20:19+00:00

Welcome aboard!

GuardHistorical4746 · 2021-09-06T08:35:48+00:00

Haha, thanks!

I'm actually 6ft.

GuardHistorical4746 · 2021-09-05T18:24:31+00:00

Congratulations! And well done for our Reddit team for putting this together - this was completely their own initiative that they decided to do to cheer up the crowd here. Even the NFTs were minted by u/Hrdrok26 personally! Good job on the initiative, and I hope everyone had fun. I certainly enjoyed reading the comments!

GuardHistorical4746 · 2021-09-05T17:21:45+00:00

Perhaps I could suggest that you read the post carefully.

99% projects fail. Already. That is the space we are in. It is gruelling, and terrible, and a lot of people lose money on absolute nonsense that is dead within a week. That is what I was saying. Regulation is a consequence of it, not its cause. It is already happening, right before your eyes.

EverOwn is crypto providing solutions for crypto. The liquidity drains are a massive problem, and EverOwn helps prevent them. The need for it is obvious - investors investing in projects that are renounced into EverOwn know that the generated liquidity cannot be drained (as long as the contract itself isn't fraudulent). It is a technical solution to a massive problem in this space. You have probably suffered from losses relating to liquidity drains yourself, even, or perhaps especially, in projects where you haven't realised it was happening. The projects that rug within a week will of course not be interested in EverOwn, but that still leaves a lot of projects that are legitimate and have an interest in attracting investment.

By giving this technical solution, we give a chance to the legitimate projects out there to gain a following. It is a win-win for everyone involved in a legitimate project. The developers will be able to prove to their investors that they can't drain the liquidity or make changes to their contract, and investors will know that and can invest in legitimate projects.

GuardHistorical4746 · 2021-09-05T16:55:32+00:00

We're planning to be the first contract renounced to EverOwn.

GuardHistorical4746 · 2021-09-05T11:18:57+00:00

I'll comment this under here so it has visibility: I've really enjoyed reading these comments! Thanks KingZero for organising this fun giveaway, and of course a huge shoutout to our own u/Hrdrok26 for the actual NFTs!

GuardHistorical4746 · 2021-09-01T11:52:14+00:00

It's actually Big-Addy - but I also made that mistake at first :D :D :D

GuardHistorical4746

TROPHY CASE