want this project to gain traction you cannot keep being negative. If I just came here after finding out about Kda I would do a complete 180 out of this chat. The very people that are complaining about the p word not going up are the same ones that will be sabotaging the p word in the long run. Feedback is good. Criticism without feedback is not productive.
2. While most of you will probably disagree. These people are a lot smarter than you and have a team in place. If you think you can do it better build your own blockchain and do it differently.
3. Because you bought the Kda token does not mean you are paying the teams salary. The way some of you talk to this team is inexcusable. Imagine I come to your place of employment and tell you how bad of job you’re doing. Would you tolerate that?
-thanks for coming to my TED talk and have a great day.
If people don’t buy kda, where is the team salary come from?
Say the same sentences to the team and the miners. They are constantly unloading goods. Are we stupid to abuse a project that is going well? But our money is melting day by day.
I’m a miner lol
It’s comes from the miners. Maybe you should stop because the more you talk the sillier you sound. Do you not do research first?
How much is your production cost bro?
I can agree people buying the teams emissions would technically equate to paying the teams salary. It doesn’t mean you are owed anything. My point is more about people acting like they are owed something because they bought in. “I pay your salary so I am your boss “ mentality
No this is completely incorrect. When you buy an equity there is something called "active shareholders" who, when management make questionable decisions display dissent, especially when the controlling entity is diluting the crap out of them. Some, like Carl Icahn even practice hostile takeovers. It is completely tolerated in all corners of the world and expected. It is also questionable if being "smart" is better than being "crypto savvy". for instance if you look at Aleph, no one would call them smarter than Kadena engineers, but they wildly outperform them in all metrics as well as Kaspa that does the same. Why is that?
because they are fullfilling the needs of the market and the market has rewarded them
I cannot say, I am just saying that Eric Wild maybe hasn't been a part of tradfi and held stocks where crazy majority investors go ballistic at annual general meetings. Its a crazy world out there.
Then there is a percentage of mining rewards that go to the team.
How many rigs you running?
4 ka3s
What kind of yield?
40ish Kda/day
1. What in my part 1 would you say is completely incorrect? 2. I consider myself a pretty “smart”person. (I went to college and have a doctorate degree) but I’m not going to pretend I know how to sign a partnership deal or how to program. The cool thing is we are in a free market so if you don’t like McDonald’s burgers you can go to Burger King. If you don’t like either you can go create your own. But because I bought a cheese burger doesn’t mean I get to tell the chef how to cook. I guess my point is why is your way better than the teams way? Why isn’t the team “crypto savvy”. Can you make a better cheeseburger? What are the questionable decisions?
Well any good scientist would tell you that you make a hypothesis on what to do with your blockchain thesis and then collect data to see if that thesis fits the reality of whatever process generates the data. In this case, As explained several times above, the best blockchain's have a system for using emissions to generate TVL and buy side volume. This has the effect of creating an inflation offset that drives the price of the asset which is the primary feature that grows the network size. The value of a project is proportional to the square of the size of the network this is Metcalfe's law and it holds true for the most part. Now Kadena 100% centralizes emissions and concentrates their strategy into the hands of a small handful of decision makers who have made dozens of bad decisions for 4 straight years. The counter argument is that perhaps, the market knows better. the market in this case would be a large array of project builders (like eth, inj, sol, etc etc etc) that have a wide and disparate set of skills that Kadena team simply does not have. It seems upon analysis that the data suggests that the biggest successes in blockchain follow the ethos of distributing inflation into a decentralized demand function which Kadena is highly opposed to.
⛔️NO price, marketcap or trade related talk or speculation! ❗️We are not responsible for the content shared in the following groups and channels! Please use the #price-talk channel on KadenaEcosystem's Discord ⤵️ ▪️ Discord Invite ▪️ Link to Price Talk Channel Alternatively use the following unofficial community-created Telegram groups ⤵️ ▪️ Kadenians / KadenaTraders ▪️ KDA Price ▪️ Kadena Price
exactly 100 percent, need to pivot and quickly otherwise the bleeding will continue, eco system is on life support
If you are a scientist and the experiment fails or the hypothesis doesn’t match the results you wanted do you: a. Complain about it B. Complain about it on telegram C. Try another experiment?
You complain about a team that are supposed to be scientists not trying something and continuing to do the same thing that hasn't worked for 4 years.
Then try another experiment dude.
Thats what we are asking Kadena to do
If only argument you can present for a coin you hold is "sell and buy something else" i dont think you have thought out the implications of your actions.
I wasn’t making any arguments for Kda or against it. If you read my post it basically said stop being negative it’s not helping and be respectful to the team.
Yes being negative is not helping but what's team doing throughout the 4 years taking emission paying salaries, talking more delivering less, giving grants incompetent teams, failing to deliver. They have more failure than success
A couple thoughts from a random internet stranger: 1. Holding this team accountable is absolutely more important than not... or hiding the incompetency. Price is the measurement of success. Period. 2. This is a weak argument. Not even going to expand on this cause it's just bunk and if you think this, you are not mature enough for investing. 3. We most certainly are being diluted/liquidity drained by more tokens being sold to the open market than KDA core team can generate in buy pressure. 4. Before you go talk about stuff, please do more research and stick around for longer. Then you will have a better idea of what you're talking about.
About 2. You assume that all the people who are here are not developers themself, without equal years of experience. That's wrong assumption.
Are you TGE customer?
Cool man I’ll appreciate your input. But I’ll agree to disagree. It’s funny how everyone is up in arms about the emissions that have been documented many years ago? 2021 I believe. If YOU had done your research you would have happened to see that the team and miners get emissions. It’s actually one of the first things I look at as a miner. If I buy an asic today are the mining emission going to halve every 4 years (Bitcoin) or every year (kaspa) or gradually go down over 120 years (Kda). I’ll be long gone before the last Kda is mined. Here’s an example for you. Decred looked like an interesting project so I checked on the emissions and low and behold they were changing from a majority of mining emissions 65% to 10%and then to 1%. It took a total of 15 seconds to determine that the dr5 was not going to ROI for me. Did I go to their telegram and bash the team? No. I moved on to the next project. I think I know what I’m talking about because I did my research. Are you going to complain about other projects that also are pow or have a huge stockpile of coins they can dump on you at anytime? And it also is mind boggling how people are upset that the employees are getting paid. Do you work for free? I know I don’t. So before you talk about research maybe do some yourself…
⛔️NO price, marketcap or trade related talk or speculation! ❗️We are not responsible for the content shared in the following groups and channels! Please use the #price-talk channel on KadenaEcosystem's Discord ⤵️ ▪️ Discord Invite ▪️ Link to Price Talk Channel Alternatively use the following unofficial community-created Telegram groups ⤵️ ▪️ Kadenians / KadenaTraders ▪️ KDA Price ▪️ Kadena Price
Every one knows about the Emission. The problem is how the emission are spending. Kadena say it's for ecosystem growth but no community projects gets grants. Kadena priorities new teams over well known ecosystem teams
Why is your way better than the teams way of spending them?
Do you know linx team applied for a grant for the bridge they are going to build between eth and KDA but they denied the grant because of ideasoft bridge. 6 months passed still no bridge between any chains
No this is incorrect. Its not that the team gets emissons, its that they dont deliver any value to the community by collection them and diluting the community for years and years.
Give it back to a company that has no business plan for example?
Yes I believe like Lago, Kalend and many others.
So you’re saying they should give emissions to people that have no business doing business
I believe Kadena said Lago and Kalend were top tier business men in their podcast.
More referring to kdabet that didn’t have a business plan. But sure them too. If they don’t have a solid plan that would have increased value why give them anything? Also, as an outsider you have no idea what the negotiations are like. As neither do I.
Are you sure about that? Lol. See you in 4 weeks :D
What are you talking about
let it go... you guys can talk elsewhere
will do as you ask sorry.
I don’t think people are really complaining about emissions! I think no one is complaining about employees getting paid ! It’s the slow to almost No output that pisses people off, when everyone is getting paid with not much output/results, don’t expect investors who are paying for that to be happy, plus we can’t even get bonding to put our KDAs to work!
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