Is anyone else turned off by Prove.AI coming to Hedera?

The CEO Mrinal Manohar defrauded CSPR holders, legit rugged the entire community. I suggest IBM and every other governing council member stay far away. I heard the FBI is actively investigating this scam artist.

Nope.

I have split feelings for sure. It’s Charles first major initiative though, and WAY out of the norm so I want to give this one the benefit of the doubt. It’s capturing some mind share

Same here, but I’m seeing so much bad news about cspr and it’s ceo and how he scammed investors. This is the last sort of bad publicity hedera needs after the hbar foundation stuff we went through ,the stuff coming out about the Casper ceo and team is all over twitter now and is starting to drag hedera name into it. Charles Adkins’s said he did his due diligence, with Casper I wondering how he did after all this stuff is coming out, I hope he knows what he’s doing because this doesn’t look good

Nobody scammed anyone....casper community had only eyes for prove A I ....only project that could transform their bull run

One thing that I think through is how does one of these decentralized networks wind down. A company simply goes through bankruptcy, but what happens with a crypto network. If the Casper founder realizes that the network isn’t fit for purpose, how do they move on?

Yeah I don’t know all the ins and outs that’s going on , my only concern is that I’m seeing hedera name being dragged into this now and that’s the last thing we need

Yeah no worries mate ,my main issue is I hate to see hedera name being dragged into this as it’s not what we need

Casper is a shitcoin and has nothing to do with Hedera.

That’s exactly the reason why we need regulation, we need a regulatory framework asap, SEC is only suing, but not providing a framework. But Hedera regarded my concerns are more on the economic side, we need to start to talk about HBAR price, the selling of HBARs is paying the bills, i would love to hear Charles Adkins opinion on what is his strategy to make HBAR price go up, he needs a strategy, and not talking about it is bad. We need to be honest to ourselves, hbar price matters, for the network, the ecosystem and all the people who work with it. Could you make an interview with Charles and talk about price and everything related? Or someone from the coin comittee? Someone needs to say something. Because, when i hear Rob Allen in the last interview saying that 1 TPS is already a lot, i think about the revenue and think, ok, he doesn’t see it from an economic pov, because it is nothing in terms of revenue. We need people at hedera who understand that and talk openly about it, it is a major concern of the community, the investors, the payers of the network and in the end of the success of the network. And if the strategy for example simply is to bring tps and high value transactions to the network and make it sustainable, then what numbers does Hedera expect to have till the end of this year, mid next year, end of next year and so on, we need a plan so we can measure the success of the leadership, otherwise it just feels like a playground and they are trying to catch in every water to get something and sometimes they get lucky, but it is no real plan, it seems random. We need to talk about price.

Hedera want to do everything by the book and they did not really understand web3. Now they see they made mistakes with their diversification of their business. The big investors go where liquidity and users are. To little too late.

Agreed, but i don’t think it’s too late, but it needs a tight shift

I think they going to launch HIP 904 soon? ( Frictionless Airdrops ). Can be wrong but I thought that would take multiple releases to implement it. Does someone know more about the timeline? I hope they organize something around it to incentivize people to have a look at the Hedera ecosystem.

Hasn’t this been done with the last mainnet upgrade? https://x.com/hedera/status/1849437238377013541?s=46

Has been deployed last Wednesday on the mainnet. Nice.

I kinda get the feeling that nobody has looked into Hedera's non-transaction based revenue models 🤷‍♂️

Стикер

What do you mean with other ways? The deals in the Middle East you mean?

Apparently thorough due diligence has been done by Hedera as Hedera President mentioned- so they are ALL in this game changing TECH. Who knows maybe he will get some advisory role at Hedera since they have already committed for ... 7 YEARS Funding.

It's the selling and dumping on the investors by tge foundation which is the issue for me. Ordinary punters are paying these guys' salaries, and for what?

I genuinely don't think they care what the price is and will not discuss price, citing future regulations as a barrier. But why launch a crypto token and expect investors to buy into it when there is constant selling and nothing to drive price other than hope? Big companies in the real world sell shares to pension funds and other large investors. Financial results dictate whether a stock is worthy of an investment and determine the rate of dividend. Here, there are no dividends (there is no profit anyway), APY is non existent and the very thing that drives price, being paid for transactions, are negligible. That's the problem. We are invested in a space where most projects only care about price and ROI. Hedera don't do hype and won't engage with the usual suspects that bring the hype and increase speculation, so they are amongst a smaller number of outliers. It's catch 22. It's gonna be 2035 before we see any serious traction in my opinion. I'm treating this like a retirement fund, forgetting about it now, and hoping it doesn't fall apart and go to zero in the meantime. The only way we go up before that longer time frame is if the large bag holders stop selling and bringing the price down every time there is a small increase. And we get some companies paying for big volume transactions. Can't see that happening as Enterprise is slow. Big news doesn't even move the dial now, especially after the blackrock debacle where new investors buying the top of that pump probably got rekt. Sorry, but that's the reality.

"Hedera don't do hype and won't engage with the usual suspects that bring the hype and increase speculation"- that is exactly what they are doing from day 1. Do you remember early days Hedera website had info of 500 applications being developed- removed now, you have then staircase symbol, and pitching every possible news on twitter knowing none of these will ever materialize. Atma started producing TPS just before Davos to market "adoption". Scaling -throttle is the same as it was in 2018 although back then they were mentioning 500k TPS That is what caused trust to be lost, as they promised a lot and not delivered even with $400M of foundation funds. Hence during bull run when crypto CMC is close to all time high at 2.3T, Hbar is worth not even 5 cents. Many still dream about dollars as they did 2021 and then you have all this JAM Rich and other HTS promoters with their highly adopted aps doing (few hundreds to thousands txs a day/globally. What that have to do is stop this false marketing hype and start delivering in space as they will get decimated 0.00 very quickly when markets start to turn down as in 2022-2023.