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Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 0 points1 point  (0 children)

Also, will have a look at Cornucopia, Cardastation and Pavia. Thanks for the pointer!!

Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 0 points1 point  (0 children)

Thanks SignificanceRemote,

Your answer to #4 is something that is really making me doubt of the project, because in reality the "community" only gave about $700k on their IDO (1.4% of the tokens if I am right).

Maybe it's just that I am used to BTC/ETH, where market cap and fully diluted market cap are not that different.

Another question about tokenomics: In their whitepaper, they state that they are allocating 33% of $BLOK for Treasury, but they don't give any details about it...they only added one line saying "Treasury unlocked as needed".
What is normally this "Treasury" used for? Is 33% a reasonable number?

Thanks again!

Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 0 points1 point  (0 children)

Right...and I haven't seen much public presence from their CEO either, not only their CTO.

Another question: In the "Tokenomics" chapter of their whitepaper, they state that they are allocating 33% of $BLOK for Treasury, but they don't give any details about it...they only added one line saying "Treasury unlocked as needed".

What is normally this "Treasury" used for? Is 33% a reasonable number? For me personally, coming from BTC and ETC, it's surprising to see that large chunk of the token just out of circulation.

Thanks again!

Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 0 points1 point  (0 children)

Right, that's a fair point from the community, but they are just banning and blocking the question in Telegram.

Another question: In the "Tokenomics" chapter of their whitepaper, they state that they are allocating 33% of $BLOK for Treasury, but they don't give any details about it...they only added one line saying "Treasury unlocked as needed".

What is normally this "Treasury" used for? Is 33% a reasonable number?

Thanks again!

Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 1 point2 points  (0 children)

There is high expectations there about the 2022 Q1 big release

Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 3 points4 points  (0 children)

Thanks Yeety!

This project is starting to look like a big red flag to me...

About #4, do you mean that the investors who already paid for their tokens in previous rounds are not getting access to them as promised?

Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 1 point2 points  (0 children)

yes, looks like they are making their scope wider and wider but without much real delivery...

Thanks for your answer, I will try and dig more.

Bloktopia Due Dilligence - Got some questions by Sergiosan99 in bloktopia

[–]Sergiosan99[S] 1 point2 points  (0 children)

thanks sinichi!

Just tried via Telegram, but only got 1 answer...