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RE: Choon: NOTES Unlock And Valuation

in #crypto6 years ago

You are absolutely right about that. That's why I don't get why people suddenly feel Choon has to pay them, make trading easy or possible, or why people desperately try to measure a value on NOTES. Choon has plans in place to create liquidity, but they are not developed yet, but that was known from the first roadmap already.

Without liquidity or use, NOTES have no value. That's why I say, NOTES don't have any monetary value at all right now. Even if traded at $1 or $0.000001 it's all speculation. All the NOTES circulating now, are mined via streaming for mining. Choon didn't make any money from that. Complaining should be justified if users would pay for subscriptions now, Choon would get a lot of ad revenue, and we only got scraps through a dubious crypto exchange. But right now, we don't have anything to justify complaints about the token value, or not getting paid and stuff like that.

I honestly believe in the team and what they try to achieve, and this unlock didn't change any of that. Actualy, it didn't change anything, except NOTES are free to move now, and you can trade on speculation if you wish. But That's not something Choon has to support or explain, as they are building a music platform, not a cryptocoin.

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ads ftw ... (who would have thought heh ...) so basicallyl since its an SMT in ethereum i need to pay fiat for ETH in order to shovel my notes around who are worth zit ?

a bit like that minds thing lol ...

guess its all hoard until its worth something and then first come first serve on the first exchange to sell it, dumping the price to dante's frozen waste-level

what's new :D

clean and easy platform, thought (alleycat)