Whole crypto market: down 247742%
$AWR: Casually up 50% as if nothing happened 🤷🏻♀️
If that doesn’t show you what’s coming when this market bounces back I don’t know what will 👀
I’m reposting these questions asked earlier by @MK_The_Whale because I’d really like to know the answers before bridging to the new staking contract. Thanks! @pepecoins , @getbasedai , @drewtility
“ 1. Is based/basedai Supply in year 1 or year 2 of brain emissions supply schedule? CMC/Coingecko show a 36M supply. Whitepaper states brains (nodes)will produce 31.5MIL 1st year, 15.6MIL 2nd year etc. Does current 36M supply represent the 31.5M first year emissions + pre MAY 11th staking emissions? Or will current 36M supply be in addition to what brains will produce in yr 1?
2. When is the expected mainnet launch date? As this date will have tremendous impact on both supply and what brain owners will earn first yr post launch. EX: if 77% of pepe were to be staked in new $BASED staking contract (same % as staked in og); then 206k/day & 6.1M/month of add'l $BASED would be produced. Where is this$BASED coming from? From the kekbot brain emissions and thus subtracted from the 31.5MIL (or 15.7MIL) $BASED emitted by brains 1st yr post launch? (thus significantly reducing the amount of $BASED left to be earned by brain owners in yr 1) or will this amount be added to the total supply?
3. Will Brain emissions be in year 1 or year 2 at launch?
4. Will pepecoins bridged into the new staking contract be able to be bridged back to eth before mainnet launch (if someone chooses to unstake and forfeit their $BASED staking rewards)?
5. What is the current total circulating $BasedAI supply including rewards paid out to stakers in the current (pre may 11th) https://t.co/PoGe14jvy8 staking contract? “
Are you saying that yes there will be (perhaps high) processing costs for https://t.co/eBqd4nRTuJ prompts because they are using the BasedAI engine? As @UserHere566602 asked, will we have a cost estimator for these costs before submitting prompts? As of now, what are the approximate expected ranges of these fees?
Are you saying that “your prompts are not your prompts”, i.e. that user prompts will be used to train the network and that users will be “rewarded in $KEK” for their prompt’s uniqueness/complexity i.e. their usefulness in training the network? And that people's prompts/trade setups may potentially be sold in the marketplace? (Perhaps without their direct permission?)
*See top pinned thread on my page. Team and their influencers were directly asked about this. Team still hasn’t answered, but @0x1ee7, (who seems to speak for them), responded and directly stated that it's 13k for non-active brains, and the moment a brain becomes active, the 13k for the owner goes away and all emissions are split. @MK_The_Whale responded that this was in direct contrast to the whitepaper (and research docs) and asked if the team would be amending the whitepaper for clarity. Nobody has answered.
Given this “payment structure”, take another look at the second pinned thread on my page where @MK_The_Whale asked directly about whether there is any ceiling or a floor to the % splits, and what they see the market dictated % split being (since whitepaper/all docs suggest it would have to be lower than 25% for owners to attract mins/valis) but neither the team nor @0x1ee7 has answered these questions yet.
Even with https://t.co/eBqd4nRTuJ for example, I’ve been using bots for a long time and was excited for it, but immediately had two questions (about privacy and cost) once I realized the team hadn’t directly stated these things: But before I could even ask them someone else did, and @0x1ee7 posted responses that completely ignored the questions, leaving these vital aspects unanswered by him/ the team. (screenshots below). But if you read between the lines these “non-answers” may say a lot without directly saying it:
In screen shot 1: it sounds like what he’s saying is that unique prompts will be used to train the system (ie your prompts are not your prompts) and the more unique prompts will reward the user in more $KEK for their participation.
And in screen shot 2: it sounds like he’s saying yes there will be a cost for you because you will be using the based ai engine, however he isn't giving any estimates on how much it will cost or whether you will know before sending your prompt.