Big M

#bullish

[PLRL by Verasity @verasitytech]

#Verasity $VRA community roll call!

Make some noise 🗣️ ⬇️

[Wit @WitFinance]

Latest @verasitytech update tried to gave us some answers but the main question remains unanswered, why do we need tradable POV marker tokens?

Their answer: "we are required to make POV tradable".

But are they required? Spoiler: NO.

Here is my breakdown ⏬⏬

▪ It is not true that in order for tokens to have on chain transactions they need to be tradable.

- The claim here is that a new tradable PoV token is necessary for "transactional transparency" and recording data on-chain.

- Whoever wrote this has no business being a blockchain dev.

This is simply not true.

- A token does not need to be tradable in order for data to be accessible on an open ledger database and for these Proof of View transactions to occur there.

▪ Technical details
- Using the base token of other L2/L1 chains as gas, is entirely possible. In this case it would be $TRX, and fees are minimal (one of the main USPs of TRON chan).
- Writing data to the blockchain requires the native token of the chain as payment for gas fees, not necessarily a specific token to be traded.

- For example, on the Ethereum chain, the gas fee (msg.value) is paid in ETH, however, the actual transaction data can involve anything, such as the transfer of ERC-20 tokens or staking of ETH.
- The transactional nature of recording data on-chain does not mandate the creation of a new tradable token.

The native token ($TRX) of the chosen blockchain can fund these transactions without the need for another tradable token. Plenty of juice in $VRA ecosystem to provide funds for these fees.

▪ I already explained that “a tradable token” is not a mandatory requirement, especially not for transactional reasons, as you can have an open ledger without tokens being tradable.

▪ POV AIRDROP for $VRA holders
I really didn't think they will do an POV airdrop campaign, the supply-demand ratio for the newly tradable token seems weird.
- Who will buy the new POV token, and for what reasons if you can get it for free from staking $VRA or running nodes later?
- Who will buy all these tokens once airdroppers start to sell it?
As long as the revenue from Verasity is not used to provide buy pressure this is not our concern but still a valid question, but I wonder.

▪ What revenue, the Verasity VeraViews revenue + rewarded video revenue + ads revenue or just POV ecosystem revenue?

- IF it is Verasity entire revenue than it was a lie when it was said that tradable POV tokens will not take away anything from the $VRA.
- In this case $VRA holders no longer have the full benefits of the quarterly buybacks.

▪ I am pretty sure this first sentence constitutes market manipulation.
- What this means is that the team will release or burn tokens in order for POV to have a stablecoin like behavior, which means they will control/manipulate the price without being officially pegged or considered a stablecoin.

- I hope I am reading this wrong and that this is not the case here but the problem here is artificial price control and lack of transparency.

▪ When it comes to stablecoins they are pegged and its done through legitimate mechanisms, like algorithmic adjustments to supply based on demand, and are not inherently manipulative if done transparently and according to predetermined rules.
- If this is the case here, can we please get more info ASAP as this is regulatory problem in nature.
- I just hope it was the case of clumsy writer and they didn't mean that.

▪In the end the whole point of POV marker token migration was to finally fix the $VRA supply number on CMC/CG, but this update shows that POV tokens on ETH network will remain there even after the migration (?!?).

- They will be slowly burned, which means that at one point in time we will still have 100b $VRA supply and new tradable POV tokens with its own market cap.

Funny how POV migration went from EOY 2023 to EOFY 2023, to EOY 2024.

Never a dull moment with @verasitytech.

It is sad that we have to talk about these things instead of many other bullish updates from this article like the cloud computing.

And before you ask, no, I am not selling.

[Crypto Fund Trader @CFTradercom]

NEW CRYPTO PAIR LISTED!

VRA/USDT is now available for trading on any of our platforms, CFT Platform and MetaTrader5! ✅

[Wit @WitFinance]

Daily reminder to @verasitytech that it is still not too late to make POV tokens untradable, complete the separation of the $VRA tokens from marker tokens, fix the supply issue, order a 2 new audits for both $VRA and untradable POV tokens and start building trust again.

1. The expansion to DePin, cloud computing and decentralized storage is welcomed as long as it does not dilute the $VRA community with another token that directly represents the value proposition of that new ecosystem.
• With the introduction of a new token all you do is use $VRA community as initial token buyers of newly minted token.

• The expansion is still viable with just one tradable $VRA token, it takes a bit more work and ingenuity but it is the right thing to do.

2. It has been over 30 days since the announcement, and we still haven't received an explanation as to why two tradable tokens were necessary, nor why the Verasity community was led to believe for more than two years that POV tokens would never be tradable.

3. Previously, to emphasize that POV tokens were not tradable, the team stated that POV tokens were solely for data circulation and that making them tradable could compromise data safety.

‣ They also argued that tradable tokens would not appeal to potential clients because marketing data is extremely sensitive. How has this issue been addressed now?

4. @realvradan you need just one good article to explain all the pros and cons of adding another tradable token to the ecosystem versus keeping only $VRA tradable.

‣ This article should provide an in depth consideration, demonstrating a logical flow as to why a tradable POV was necessary.
‣ This would eliminate the FUD and reassure the community that @verasitytech rigorously challenged their own decisions and still arrived at the same solution.

It just makes no sense to announce anything else before this is settled, large part of the Verasity community has lost their trust and are standing idle, from large KOLs to everyday normal guys.

P.S
I always advocated for burning of the warchest, separation of the POV marker tokens and labeling of the wallets.

Even then, community moon boys and yes men were attacking me like it was something bad to tweet and making up reasons as to why this was a bad idea.

Now when the team burned the warchest tokens (they would never have done it without the community action) they are celebrating that as a big win.

Big part of a success is the ability to recognize constructive criticism as an opportunity to do better and grow from it.

[Big M @matze_trm]

@cryptocom $SOLBULL

[BitMart @BitMartExchange]

#BitMart is thrilled to announce the exclusive primary listing of SOLBULL (SOLBULL) @SolbullSOLANA 🎉

💰Trading pair: $SOLBULL/USDT
💎Deposit: 4/25/2024 10:00 AM UTC
💎Trading: 4/26/2024 10:00 AM UTC

Learn more: https://t.co/oS33E5QQgG

[SOLBULL | $SOLBULL @SolbullSOLANA]

🌟 Major SOLBULL Announcement This Monday!🌟

Exciting times ahead! We're thrilled to reveal a brand-new exchange listing on Toobit - our latest and significant partner. This marks our fifth exchange, joining major players like Bitmart and P2B, as well as Dextrade and Bitstorage. All listings will go live simultaneously on April 26th at 12:00 UTC!

In addition to this fantastic news, we are also launching our new website today! While some exciting features like 3D character rendering and a swap function are still under development, the updated site is almost ready for you to check out.

And that's not all - we've invested $5,000 for a priority listing on CoinMarketCap to ensure SOLBULL gets the recognition it deserves as swiftly as possible.

Thank you for your continued support and enthusiasm. There's more to come - stay engaged and bullish! 🔥

#SOLBULL

https://t.co/sYq7oZbXs5

[Big M @matze_trm]

@BSCGemsAlert $VRA 💎

[SOLBULL | $SOLBULL @SolbullSOLANA]

🚀 SOLBULL is Going Big - We're Landing on BitMart & 3 More Exchanges! 🚀

Exciting times ahead, SOLBULL family! We're thrilled to announce our upcoming listing on BitMart! Dive into their announcement here:

https://t.co/jAt9dbuh4M

But there's more! Alongside BitMart, THREE additional exchanges are gearing up to list us, making it FOUR major platforms amplifying our presence in the crypto universe on the same day. And guess what? Another surprise listing is just around the corner!

Mark your calendars and stay alert for the listing date reveal this week. This is not just progress; it's a quantum leap for SOLBULL. Together, we're not just moving; we're soaring!

Fasten your seatbelts, SOLBULL family. Our journey to the stars is just beginning! ⭐️

#SOLBULL #solana #listing #BitMart

[BitMart @BitMartExchange]

🌟 Upcoming New Listing 🌟

🤩 #BitMart will list #SOLBULL @SolbullSOLANA soon!

👀 Keep an eye on our socials for further announcements.

Share in the comments what you like about this project 👇

[PLRL by Verasity @verasitytech]

#Verasity are official partners of @conf3rence - one of the most important #Web3 events for business and enterprise in Europe! 🔥

This May, we'll be heading to Dortmund, Germany, to showcase #VeraAds at our booth and take part in speaking opportunities - with product demos and the full #VeraViews commercial team in attendance! 🇩🇪

We'll also have some exciting ways for the $VRA community to get involved in the coming weeks! 👀

[[email protected] @rjmark_verasity]

This language in the token disclaimer has been there on the advice of Verasity's legal counsel. It does not affect the status of PoV migration, although PoV tokens on their new contract will have new functionality including reward mechanisms for running clients and value distribution systems. There will be new tokenomics incentives models for both PoV and VRA. This legal disclaimer will be updated in due course once PoV is on a new contract. $VRA

[Bundesrat @bundesrat]

#Bundesrat billigt #Cannabisgesetz. Anträge auf Anrufung des #Vermittlungsausschusses finden keine Mehrheit. Mehr auf #BundesratKOMPAKT https://t.co/rjsJaVxmnP

[Jugendrichter Müller i.R. @Richter_Mueller]

Hurra Hurra Hurra , danke an alle die das möglich gemacht haben! Ich bin so übermäßig glücklich.
Der 1.4. steht! #CanG0104

[[email protected] @rjmark_verasity]

AI plays a very big part in @verasitytech's ad tech platform. $VRA

[Not Jerome Powell @alifarhat79]

Bitcoin just broke $66,000. This means it’s going to $1 million. See chart below

[AltsDaddy @AltsDaddycom]

💎 Monday's Top Tweeted #Altcoins 💎

1️⃣ $VRA
2️⃣ $PEPE
3️⃣ $TRIAS
4���⃣ $DOGE
5️⃣ $SHIB
6️⃣ $NAKA
7️⃣ $MYRO
8️⃣ $PROPS
9️⃣ $INJ
🔟 $BRN

#Altseason2024 #Bullrun2024

[TelcoinKOL @TelcoinKOL]

REPOST IF YOU WANT @binance & @verasitytech TO MAKE $VRA LISTING HAPPEN !! LETS GO 🚀

[[email protected] @rjmark_verasity]

Great to be working with @trycarbonfi, we're celebrating #PoV integration with this campaign! $VRA