@WMTxLady stratospheric development โ is not visible. The one actionable question this raises: has anyone from the community or press directly asked Micky Watkins to publish the buyback percentage as a fixed on-chain rule? 5/N $WMTX
@WelfBrandolf@RealMrMojito@MrTelecoms@WorldMobileTeam@wmchain I want nothing more than for $WMTX to succeed. I am a Network Founder and UNO. But I think it's okay to share concerns and ask questions. I still think questions remain regarding value capture between the equity and the tokens. Hopefully, this gets explained over time.
@WelfBrandolf@RealMrMojito@MrTelecoms@WorldMobileTeam@wmchain I appreciate the need to raise money. And it may be the best way to expedite the build out of the network. But equity investors expect a return on their investment. Where does this return come from? Does it impact the $WMTX token's value capture? I am a huge supporter of $WMTX.
@WelfBrandolf@RealMrMojito@MrTelecoms@WorldMobileTeam@wmchain Its not the price. It's the shift in direction without details that could negatively impact the value captured by the $WMTX tokens compared to the equity. And the idea that this was always the plan but was never mentioned previously.
@unityworldsedge@WelfBrandolf I am tired of this type of marketing hype without substance. This may be the best move ever for $WMTX tokens holders, or not. I will wait for the details. But to assume this is the best thing ever based on what we know now shows a lack of critical thinking.
@NotoNodes I understand your point. That is possible. But your statement that "the whole ecosystem benefits" is an assumption, not necessarily the case. The equity holders could benefit at the expense of $WMTX token holders. It comes down to structure and value capture.
@Jeff_R_DELTA@MrTelecoms I am a supporter of $WMTX and @MrTelecoms but this all comes down to value capture. The equity raise can be good for World Mobile and bad for the token holder depending on the structure of the deal. But if this was always the plan, when was it ever conveyed to us before now?
@NotoNodes Your posts are interesting and pure conjecture. Unless you know something the rest of us do not. We need to understand how this will work and the impact to $WMTX tokens holders.
@MrTelecoms Without an understanding of how this works, it is impossible to tell the impact to $WMTX token holders. But I need someone from World Mobile to explain this to me like I am five years old. The announcement was rah-rah session without any substance.
@MrTelecoms I thought the value of World Mobile was going to accrue to the token holders. Could you please explain how this development is positive for $WMTX holders? Right now, it appears that will not be the case. For example, the value of Facebook goes to the shareholders, not the users.