tokens but they double in value. So bottom line nothing changes. And also we could get an easy 10x extra. Am I right that the token could go to $28?
Anyone?
They don't double in value unless you plan to sell the microsecond of the merger. If you believe this a faor deal, then it woukd also have been fair when SNET had a higher MCAP with FET getting slashed, or also be fair after a no vote when SNET has a higher MCAP than FETch in the near future, and then FET woukd surely still vote 99% in favor of them merging with the higher MCAP SingularityNet and FET taking a 56% slash. That would be faor and all support because their $ value would be preserved at the femtosecond of the merge. The same argument works across all these scenarios with wildly fluctuating ratios. This paints perfectly clearly how absurd the mcap based ratios are as a permanent lock-in of ratios... because the markets are irrational and this market in particular is hyper-volatile (important) and hyper-irrational (hello meme coins).
Yes 🔥
That is a fairly restricted vision becuase it only takes the monetary value change in account. Your analysis does not compute for the utylity and governance values of the tokens and the opportunity and positioning frames lost (compare to better valuation and deal for AGIX) by the details of this agreement betwen managment of the 3 projects.
To be honest. I believe we sold our values for absolute low price. Ben is more concerned regarding realizing his own vision. The CEO of Fetch is more salesdriven. So we as AGIX holders 've lost.
it also ignores the $$ value that would be had if a more fair deal (e.g. not getting a 56% slash to tokens) were made based on the constant underlying properties of tech-stack-value-add of each project towards the AGI/ASI goal.
which is why many want the NO vote. If a deal can be renegotiated later, fine. But to take anyone's word that it's either this or no deal *forever*, that's disingenuous. The best deals are often made after one party walks away. And standard deal making is for parties to say it's either this or nothing. Nothing new here.
They should have done a better job and not this sneaky approach of pushing towards a deal to more than halving in my opinion.
Nobody wants to hear our personal opinion, but I believe that this change should be made as soon as possible.
Exactly whichnis why it is such a good deal for Fetch. The best tech stack in town at at discounted price.
agree. we're getting a market-cap based justification which mis-frames the entire deal. markets fluctuate wildly, the intrinsic value of the tech-stacks (that each project brings towards the ASI goal) remain constant across snapshots in time.
It's a decentralized product we believed in. But we've got bitten by a centralized team. And afterwards they tell us just vote and that's it. Centralized dictator approach.
Without the team this product would not exist, what are you complaining about?
The way they accelerate towards a centralized decision. (yeah ofcourse some of us have voted no but they did the math already)
Did I understand correctly that $AGIX has a higher intrinsic value than $ASI, why? 😄
First came the team -> the team created a product -> the product created a community -> now the community is crazy about the team = no product without the team.
They gave away 56% of my initial investment without discussion with the community on forehand.
And then there was light
You have not lost any value as you will be compensated by $ASI.
Theoretical. The market will tell. Not them
The loss of 56% is also theoretical, as it has not yet occurred.
Well in the beginning I had 1 AGIX at the end I only have .44. The value could differ. That's why the should use a walk away apporaoch to get a better deal for us.
Ultimately, you have not lost any value as you will be compensated by $ASI.
we loose value in terms of how the valuation is done to favour what is more settling to FETCH. We do not loose absolute $ value immediately, that will be determined by dollar price. We loose.value comparatively to Fetch since we are undervaluing our assets so that we please Humayun's team terms for the merger
You think you lose intrinsic value when you swap $AGIX for $ASI, why?
For understanding that issue you should read what you've stated before in the chat 😊 (joke)
Well, quote me on that, genius.
Ty you can call me Einstein
I have explained it various times. Sorry if I was not clear. The ratios will differentially treat AGIX vs Fetch tokens based on an inclomplete valuation. Thus we loose intrinsic value becuase our token is undervalued on its intrinsic value. That is actually a value transfer of the fundamental valuenof the project from AGIX to Fetch holders via merger. But that is my opinion, Fetchers will have theirs, that is why a proffesional external full valuation that includes a in-depth analysis of whatbeachnpart is contributing with would have been needed. They went for the easy quick and flawed valuation by only the token price. That is what I mean.
Dream on... 75billion$ is out of range. 10-15billion$ for Agix alone in the bullrun would have been more realistic.
What could be the max ATH price of $ASI in your opinion this bullrun?
I will try to keep it short: The intrinsic value is transferred from $AGIX to $ASI so that $FET can adopt $AGIX's technology. If you include $OCEAN in the equation, that's exactly the plan, because $AGIX also benefits from $OCEAN and $FET.
I agree, $AGIX can reach billions, $ASI can reach trillions!
15-20billion maybe... but that's just 2-2.5x from here
The last thing we want to do is bring in auditors from the real world! When they see the current adoption and use case (0) across all three projects we might not like their findings
Maybe with AGI from SNET Opencog Hyperon, never without SNET. That's why fetch voted 99.8%
That doesn't mean that witjin the mutual benefits each part has the same intrinsecal value. In my opinion what SNET fundamental value is contributing to the merger is far more needed than what Fetch has to offer. SNET can keep its course. Probably slower but Ben has clearly stated they would keep working. I doubt Fetch hs the fundamentls to keep.its FOMO.value much longer in the future. Thatbis why it needs AGIX more.than.AGIX needs Fetch. In any normal deal that would be enough to have a better value for AGIX, but we do not only have a bette or equal value.merger per token to Fetch we actualle have 57% less value, becuase fundamental project value is not taken in consideraton.
Stop leaving $OCEAN out of the equation, this is a merger of 3 projects, not 2, everyone benefits from this merger.
Start digging into OpenCOG Hyperon and hownit is a better approach to achoeving emergent AGI tham approachesnthat bigntech is taking... and the limitationsnto LLMs whichnis severe. Then its synergies with NuNet and Hypercycle. Hypercycle is itself very complex.
AGIX can reach trillions with just Snet + Nunet + Hypercycle. As to your question about assessing the fundamental value of SNET, you can begin here with beginning to understand the reasons OpenCog Hyperon is designed the way it is: https://youtu.be/sw8IE3MX1SY?si=4n8fjSXxho-FVSSv
Well, then $ASI can achieve even more.
...but they preferred to sell off "the single most valuable technology of all time" for 0.43. How is that possible? Loading up fetch token all they way up from 0.03$ until merger announcement. A get rich easy & quick no brainer for insiders...
Problem is... Ocean & Agix holders have to pay for this scam...
Обсуждают сегодня