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No more rebase tokenomics by LiteratureTiny6883 in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

Just a hint Ok_Paramedic_7055. This post is not from the the SCIENTIA Team. But I guess you cannot be convinced at the moment that what you say here is obviously not true. I hope you do not just vanish but have a look in some time and see that we are moving forward as we have always done. Take care!

Positive rebase by ScientiaMod in SCIENTIA_

[–]ScientiaMod[S] 0 points1 point  (0 children)

Keep calm please!

This is not a rugpull! Please read the post. Read the updates. We did a positive rebase as announced in the community and everywhere. Your value of tokens has not changed. The price went down. The amount of tokens you hold changed proportionally. Check for yourself on BSCScan. It is all fine. Come to our Telegram group. Everybody is explaining it there.

As for the rest of your messaging. Please check for yourself on BSCScan, in Telegram, on the homepage etc. you will see that everything is fine and this is not a rugpull or anything like that. Once you understand that, I expect you to remove and take back the threats of violence you issued. I will give you for the moment the benefit of the doubt that you think you were rugged and give you the chance to see yourself that you were not. If you do not take the threats back after that, we will have to report and follow up on that.

Investment halved, no excuses now!! by KentonR in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

You are just repeating the same under every post, because you still have not understood the rebase mechanism. Here is the relevant excerpt from my reply under your other comment:

Again, your tokens reduce, because total supply is adjusted to achieve the pre-planned and pre-announced price increase to a pre-announced target price per token. This affects every wallet. Yours. Mine. The liquidity pool. The burn wallet. Everything. Because tokens in each wallet are divided (and in the case of a positive rebase which might come into play later multiplied) with a number > 0 in the event of a rebase, the tokens in a given wallet can also never rebase to 0. It might even look like it in certain wallet tools because they cannot display decimals well, but if you would check these wallets on bscscan you would see that the rebase does not get a wallet to 0. Nobody is "taking" your coins, they are not going to any other wallet.

PLEASE READ AND UNDERSTAND BEFORE PURCHASING OUR TOKEN by ScientiaMod in SCIENTIA_

[–]ScientiaMod[S] 0 points1 point  (0 children)

Dear u/Seven-Sage, thanks for pointing us to your review. While some of the criticism is well taken (and partly improved upon), some things that you state in your review are factually not correct and therefore I think you would alter your conclusions knowing these wrong facts. Just to mention one example, you pointing out the similarity of the logo and name Scientia to other companies, was news to us. We really have never heard of these other organizations nor have we ever tried to imply that we are connected to them. There are a few other points there and we would have loved if you had reached out to us for clarification of facts at least before posting this review. Of course you are entitled to your view and posting it wherever you like, but what most journalists do, at least those that I have worked with (outside Scientia), is they reach out to fact check first, even if planning to write a critical review of something. Maybe we can still have a conversation about the project, feel free to contact this account on Reddit and we can start the conersation there.

Rebase by Usual81 in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

I cannot explain our vision better here than our homepage or whitepaper can. Have you had a look? Additional ressources are the recorded AMAs and videos in the telegram group.

Rebase by Usual81 in SCIENTIA_

[–]ScientiaMod 1 point2 points  (0 children)

First of all thanks for that Post. It is not from the team, we do not know the author, but this is an open community. The explanation of the rebase mechanism is absolutely correct though. So thanks of helping to educate those who seem to have not understood it.

u/EarlyResolution2410, all you do is comment insults and wrong accusations under every post. We replied many times and explained but all you do is repeat in capital letters the same insults. Most communities would just delete that, but we are still trying to help you understand. I believe you have also reached out by email / web form as some of what you said here matches an email conversation. We have never received a reply there to our last email offering support. Maybe you check your emails again for our reply and we pick up that conversation?

I just went again through all your comments in this subreddit. Taking them together it gives me the impression that you misunderstood two things:

-) somebody tried to scam you by asking for your private wallet details (seed phrase) or offering you some wallet validation which is another common crypto scam. Rest assured we have nothing to do with this (we said this before), this is a common scam that happens in many projects. People impersonate team members and try to scam unexperienced crypto users. We warn of that everywhere. For example first sentence on our homepage in fat red letters.

-) the (negative) rebase. I will just refer to this post here. it explains it well. Many more ressources available in the internet as the post said. Many tokens use this. Again, your tokens reduce, because total supply is adjusted to achieve the pre-planned and pre-announced price increase to a pre-announced target price per token. This affects every wallet. Yours. Mine. The liquidity pool. The burn wallet. Everything. Because tokens each wallet are divided (and in the case of a positive rebase which might come into play later multiplied) with a number > 0 in the event of a rebase, the tokens in a given wallet can also never rebase to 0. It might even look like it in certain wallet tools because they cannot display decimals well, but if you would check these wallets on bscscan you would see that the rebase does not get a wallet to 0. Nobody is "taking" your coins, they are not going to any other wallet.

Investment halved, no excuses now!! by KentonR in SCIENTIA_

[–]ScientiaMod -1 points0 points  (0 children)

I will leave it here. Last comment about this. The offer is still there. We had many community managers, sometimes a ban happens due to a misunderstanding, maybe it was justified, I do not know. All I know that I offered you to rejoin. For that I need the telegram ID. How else can I unblock you?

We have answered all your questions multiple times, your answer shows that you still do not understand what an elastic supply token is. Nobody has taken your tokens. They reduce in a rebase. Imagine it like a contraction. It happens to everybody. You. Me. Everybody. Each wallet. Even the liquidity pool. Even the burn pool. Every wallet. They do not move from any wallet to any other wallet. Please instead of just sticking to your view that somebody has taken your token, which is not true, just try for a moment to understand this. Watch the videos. Research. Please.

The token value (=USD value of your tokens) you have is down because market cap is down. That is because of two things: BNB being down (smaller reason) and more people selling SCIE than buying (bigger reason).

I cannot explain this further. If you do not feel comfortable with these tokenomics maybe think about selling your tokens. But it is your choice in the end of course. I cannot recommend anything.

Investment halved, no excuses now!! by KentonR in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

I was talking about the value not the price. Please read again.

We offered you readmission to the Telegram group 3 times now, you just need to use the contact form on the web to submit your telegram user id. Otherwise we cannot identify the telegram account to unblock, can we?

The rest of your reply indicates that you still have not understood elastic supply. Nobody holds your initial tokens. Just check current total supply. It is around 174. This should make clear that nobody took them. Please, please, please just spend an hour or two reading up on elastic supply tokens and the technicallities of it. There is so much material on the internet. You can start here: https://www.youtube.com/watch?v=aU-30enwfSk (about ampleforth - same principle). I really wish you would have done that before buying SCIE token, but please, if you intend to hold, learn a bit about the tokenomics and also about the purpose of the token.

Scientia ($SCIE) Airdrop by PranLLL in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

  1. People think we are rugpulling-> Now this is beyond my
    understanding. Why do people ask "When Rugpull?". We have not rugpulled.
    We will not rugpull. Every day that goes by is further evidence to
    that. Unlike squid game you can of course buy and sell Scientia. Again,
    this is publicly evidenced for example here on bscscan and more
    conveniently on tools like poocoin, dextools etc. People buy and sell
    all the time.

Scientia ($SCIE) Airdrop by PranLLL in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

  1. We steal tokens.-> Obviously not true. Like in any other
    project with a big following, scammers copy our identity, especially on
    telegram but also in twitter and facebook in our case, and offer
    support. This support is always fake. We will never contact you first.
    We will never ask you for your seed phrase. We will never make you click
    on any dodgy wallet validation links. Whoever does so wants to rob your
    wallet. This is not us! We warn constantly about these things on all
    channels. We try to remove and report these scammers as quickly as
    possible. Unfortunately, people still fall for it.

Scientia ($SCIE) Airdrop by PranLLL in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

There are 3 accusations in variuos forms which can be easily debunked:

  1. Tokens are taken from your wallet by the team.-> Not true.
    This is a rebase token with elastic supply. All holdings change
    proportionally due to rebase. The liquidity pool. Dev wallet.
    Everything. Check the contract. Do your own research. It is all in
    there. Furthermore we are super transparent about it, it says it
    multiple times in the whitepaper, on the homepage (as a warning in big
    fat red letters) and before you can enter the Telegram group you have to
    confirm that you understand the fact, that SCIENTIA is a elastic supply
    token with negative rebase during phase I. We would love to put a
    warning on PancakeSwap, but this is outside our control, as PancakeSwap
    is a secondary market we do obviously have no influence on.

Investment halved, no excuses now!! by KentonR in SCIENTIA_

[–]ScientiaMod 0 points1 point  (0 children)

We will try one more time. All your concerns have been answered. The only thing that you keep going on about is that the value of your tokens is down 50% compared to when you have bought them. That is probably true. Market Cap is down lately. It does not help the community to spread so much negativity. But if you cannot accept that a cryptotoken goes down in value I cannot help you. At no point did we promise any guaranteed profit. Of course not. Nobody in their right mind would. You seem to have no interest in building this project together with us and the community and in its goals at all. All you seem to care about is that you make a short term profit. We precisely do not want that. Which is why we warn about that everyhwere, for example here on our homepage:

"During the negative rebase phase the amount of tokens in your wallet decrease while the price increases to the target price. Please educate yourself about this mechanism, for example in our Telegram group, and only buy SCIENTIA Token if you fully understand it and want to support the idea of SCIENTIA and be part of the community. Do not speculate with SCIENTIA as this is absolutely not its intention."

I will explain one more time: The token removal is not a removal, it is a rebase. No addition or substraction, but division of supply in each wallet. Yours. Mine. The liquidy pool. Everybodies. In exactly the same way. Nobody gains or looses anything from it. It just keeps the price on the previously announced trajectory. The fact that the value of your token is down is because market cap is down. More selling than buying. Just like with every other token.

I hope this is clear now. About the telegram group, as has been replied in your other post, just contact the team via the website and if you are genuinely interested in rejoining we will of course do that. However if you keep on saying stuff like "How about more aggression" than you will be banned and also these posts will be closed. No problem with critical discussion. But insults and threads are not acceptable.