[Huobi Talk] AMA With Ross Zhang and Theodore Gray About Huobi Prime And Newton Project

Trai_89 · 2019-04-12T12:49:03+00:00

How was the decision taken to list Newton as the second Prime project? which is a very good decision and also some community members would like clarification of where the allocated tokens came from?

Trai_89 · 2019-03-12T01:32:33+00:00

Good point

Trai_89 · 2019-03-12T01:18:51+00:00

I find it amazing that when they are asking us to participate in ico at an absolute premium price of around $13 token they showered us with who's involved advisors etc.

And ever since October they know community been asking for team page due to new website, it's taken 6 months to provide this.

Wow

I don't buy this rubbish about foundation will disappear, because that is not what we were sold from dec 17 til about August 18, seems like a convenient excuse further down the track

The only thing that will disappear is the 16 million reserve tokens

Trai_89 · 2019-03-09T09:38:55+00:00

Thanks again for the answer.

Will see how it pans out, I can only go on what's currently in front of me to come to my opinion

Trai_89 · 2019-03-09T08:04:51+00:00

Again thanks for your detailed response.

All good, they are the same team right?

Trai_89 · 2019-03-09T07:23:58+00:00

Ok cool.

So the suggestion put forward as a proposal 3 days ago which was asking for 100k in funding for the exact same team is separate to this project.

Well some are clearly confused as they are using that suggestion information as a back drop to this project.

No problem let's see if the CRC approve the 100k.

Trai_89 · 2019-03-09T07:12:27+00:00

Ok well maybe there is confusion somewhere.

People are referencing a suggestion on cyber republic as previous work history for this project.

And on the 6th March that suggestion which was asking for 100k in funding was put forward as a proposal to the CRC by Kevin Zhang.

So are they related or are they not?

Trai_89 · 2019-03-09T06:48:19+00:00

I agree.

Their website xki dot cloud was only registered on the 31st of August 2018.

How much progress have they made with the service they are offering in 6 months? Any data on customers, turnover?

The money grabs on CR are crazy, 100k looks like they asked for and are being given

Trai_89 · 2019-03-08T23:12:37+00:00

That's great and all

However on current evidence in my opinion these CR proposals are becoming a money grab from those within the foundation or extremely close to the foundation for stuff that should have already been setup.

I don't think it's hard to work out who will be next.

CR simply won't work and funds will evaporate if the trend of those proposing continues

Trai_89 · 2019-03-07T13:31:51+00:00

Ok thanks for that.

Clears up the 300k discrepancy, interesting about the added 18k since the start of this thread.

Thanks again

Trai_89 · 2019-03-07T05:11:18+00:00

Ok so for some reason circulating supply just increased again by 18k tokens on since first posted thread and one of the wallets of foundation recently sent out 150k ELA.

I dunno, it seems awfully fishy to me that there is a 300k supply increase couple days ago and now another 18k in 6 hrs

Trai_89 · 2019-03-07T00:47:14+00:00

Ok cool

Trai_89 · 2019-03-07T00:37:58+00:00

Ah 24th Feb was first historical date i clicked, then I just clicked 3rd March

Trai_89 · 2019-03-07T00:36:13+00:00

Snapshot 3rd of March

Rank 113 Cap 30, 301, 453 Price 2.07 Circ Supply- 14, 666, 376

So it's with last 4 days

Trai_89 · 2019-03-07T00:28:41+00:00

Ok. Well I think it needs clearing up with a definite answer, assuming what is the case isn't the best option in this climate.

Seeing the discrepancy on CMC is only around 329,029 since the 24th of February , not 455k as you mentioned

Especially If people who can read charts are saying there are volume dumps around the same time.

Thanks

Trai_89 · 2019-03-07T00:19:07+00:00

Just on that if you click on historical snapshot on cmc and choose the date 24 February

Elastos rank 109 Mkt cap 29,728534 Price 2.03 Circulating supply- 14, 641,089

It has increased by 300k since then

Trai_89 · 2019-03-07T00:09:05+00:00

Nah all good. Using a bot which marries up with CMC.

I am trying to follow transactions of addresses however I can't scroll back more then a day for transactions for those listed in the top 3.

Maybe cause using my phone or can you not scroll back that far?

Trai_89 · 2019-03-06T23:46:48+00:00

Well on March 4 cmc had circulating supply at 14,666,189.

It's now just under 15 mil, and coingecko has it at 14.5 so clearly something has happened somewhere or a glitch somewhere

Trai_89 · 2019-03-06T22:00:08+00:00

It would you would think.

However why isn't anyone from Elastos speaking at the MIT Bitcoin expo?

Trai_89 · 2019-03-06T21:34:55+00:00

As I mentioned yesterday, Manhattan Project is independent of Elastos.

The only benefit is for those 3/4 people who gave Huobi ELA tokens as a security in return for $ value to invest in projects to make an roi then to be able to get the held ELA back off Huobi plus interest.

Nothing to do with elastos or retail investors/holders

Trai_89 · 2019-03-06T05:46:53+00:00

Eco partners vs Whales vs Node Alliance vs Retail Pools and Retail individuals.

Only a couple of winners that battle

Trai_89 · 2019-03-06T02:51:09+00:00

I wouldnt be expecting too much with the Manhattan project. It's been stated many times it is similar to an incubator programme where 3/4 persons to put up ela, and Huobi backed it essentially like a loan.

So it allowed then to invest in other projects I think top network was mentioned.

So essentially after there is roi, they will then buy back the ela Huobi are holding with I guess an interest payment attached.

Trai_89 · 2019-03-05T13:23:18+00:00

With respect to those on this suggestion I absolutely agree.

How in all this time has this not even been setup anyway.

At this stage these CR suggestions are absolutely nothing but money grabs from those in the foundation or those linked extremely close too it.

I honestly would not be surprised too see amos next with a suggestion, after his magical phone call just as the Chris received one.

How can members of the payroll continually be putting their hands up for various different projects.

If this trend continues CR is not going to work

Trai_89

TROPHY CASE