Disappointed in the APPICS Whitepaper. by robert-call

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appics · @robert-call · Dec 19 '17 (edited)

$21.71

Disappointed in the APPICS Whitepaper.

![appics.PNG](https://steemitimages.com/DQmWLsb5ZZfQzsm9p3rvGezLbiUV7qMamMfaWMvH8SiRrzf/appics.PNG)

http://www.appics.com/downloads/Appics_Whitepaper.pdf

A few disappointments.

1. 65/25 Author/Curators Split. Just money running out the door. I foresee _"Influencer's"_ just dumping this poor token into oblivion. 50/50 is the way to go. _"If we do it together, we split it."_

2. No incentive for Token Investors continued support of the price.

__Other Issues. Please correct me if I'm wrong. I could of overlooked the items noted below.__

1. No information on the vesting parameters for the APPICS Token. Inflation Rate?

2. What about the APPICS airdrop for STEEM Power holders?

3. Reward / Curation Curve?

5. Total Annual inflation for the XAP tokens?

5. Automated Market Maker?

6. Will the platform support STEEM and other SMT tokens?

I'm a bit surprised by the lack of hard info about this ICO.

👍 broncnutz, robert-call, nomadics, mrwalt, elyaque, brothermic, blazing, freetime

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@blazing · Dec 19 '17

$0.32

i heard that the price is too high to participate in pre token sale

👍 robert-call

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@brothermic · Dec 20 '17

$3.67

hmm, seems a poor whitepaper :(

👍 brothermic

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@darkerhorse · Dec 19 '17

$0.73

seems like a haphazard project to me.i think they should have spent more time working on the modalities of the token instead of hurrying to launch an ico on the ethereum platform then later following up on smt.

👍 robert-call

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@robert-call · Dec 19 '17

It does seems rushed. With Ned as the advisor I was really expecting more. I cringe at the thought of dealing with an ERC-20 token. Especially with Ethereum's Crypto Kitties Congestion at the moment.

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@douglasjames · Sep 19 '18

I am the founder of Current X Change, and I would love to hear what you think about our whitepaper! currentxchange.com and directly to the whitepaper is bit.ly/PRPpaper . Our platform has been designed and redesigned to be the best gift we can give to the planet.

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@faisal79 · Dec 20 '17

Fabulous one!!!
 I like your post

👍 faisal79

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@nomadics · Dec 19 '17

$1.61

HI Robert,
is it 65/25 and 10 for something else or it was a typo?
Maybe they did not decide yet about the Reward / Curation Curve...
Regards, Tim

👍 nomadics, robert-call

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@robert-call · Dec 19 '17

The other 10%  to APPICS themselves. I could understand if this was the initial announcement, but when they are expected to take hundreds of thousands or millions of dollars over the next few weeks I expect more details to be available.

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@nomadics · Dec 19 '17 (edited)

$1.16

Some time ago I checked several users in steemit. I needed info about the profitability of the curation in steemit. 
1.	So In my case (under 1000 SP) If you are active user, the curation reward is less than 1% of the total income of your account.
2.	Typical user with 10 000 SP has curation reward about 2% of the total income of his acc.
3.	“Typical”  :) user with 100 000 SP has curation reward under 5% of the total income.
This is for users that are authors and curators in the same time.

My point is that there is no big value to be only curator in steemit, because you miss 95% oportunity. If Appics make the same 25% for curation they will get the same result :)

If they expect millions of dollars investment it must be 1% not 10% for themself. Just my opinion.

👍 nomadics, robert-call

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@praful · Dec 19 '17

Yeah i am also disappointed to it

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