Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: epidemia on December 10, 2018, 07:49:40 PM

Title: ALTS token - a brief overview
Post by: epidemia on December 10, 2018, 07:49:40 PM
[edited by dragononcrypto to include info link]

ALTS & ALTT: Full information about our tokens (https://www.altcoinstalks.com/index.php?topic=124991.0)



Hi friends!

Probably all forum members altcoinstalks have heard, and some even have tokens ALTS in their wallets.
Previously created topic  - https://www.altcoinstalks.com/index.php?topic=833.0 - Withdraw ALTS.

"What it is?" - the beginners will ask..


ALTS is a token created on the Ethereum blockchain and supports the ERC20 standard.
If you go through the link https://etherscan.io/token/0x638ac149ea8ef9a1286c41b977017aa7359e6cfa , you can see that the emission of the token is only  10,000,000 ALTS. Believe me - it's a very small sum! As can be seen from the figure (below), the owners of the token are only 555 people.


(https://i.imgur.com/0NDPddP.jpg)

Why did I generally create this topic??
I answer - the majority of new (and not so) users only heard about forum tokens, nobody got them (including me). Many people get stuck in their thoughts: “Is there an ALTS token at all? Is this just a scam? ”
Not! This is not a hoax! There were really payments, but the last time was in the summer (I didn’t receive it either - I was registered quite late).


And what did I do? :)

I asked one of the pioneers of the forum - Flodner - https://www.altcoinstalks.com/index.php?action=profile;u=3065 to conduct a transaction using the ALTS token, to which he kindly gave a positive answer.
;)

After some time I went through the link https://etherscan.io/, I entered my wallet address and saw the transaction:

(https://i.imgur.com/INnHfqv.jpg)


(https://i.imgur.com/K5uHuWL.jpg)

I switched to myetherwallet.com/, loaded the token and got the result:

(https://i.imgur.com/8Fy8jnb.jpg)

So develop a forum - in the future it can bring a tangible effect 8)
Title: Re: ALTS token - a brief overview
Post by: Flodner on December 10, 2018, 10:53:01 PM
Congrats Epidemia!

I was happy to spend my ALTS
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 11, 2018, 08:58:54 AM
Yes the tokens are real! It's also true there hasn't been widespread distribution since summer, apart from Sparta Supporters receiving their 1 SPARTA for supporting the project at the end of October this year. As admin has previously stated, there is more importance of growing the forum by popularity, usage and interest, as well as SPARTA and associated projects, in order to provide real value to ALTS tokens, as opposed to merely further distributing. As distribution on it's own doesn't add value.

Don't forget that your points are 10:1 ratio of ALTS, so you don't need to to have it in your MEW to be holding ALTS on the platform. No doubt over time with growth of the forum thanks to growth of the crypto & altcoin space, these tokens will begin to find real value, with further distribution of tokens expected.

Title: Re: ALTS token - a brief overview
Post by: epidemia on December 11, 2018, 09:16:22 AM
Thank you all for your comments!

I believe that the ALTS token is extremely promising, because the forum is developing, and the value of the coin will only increase.
I will try to create a similar topic for the SPARTA coin if, of course, I will be helped by a respected Flodner :)

Title: Re: ALTS token - a brief overview
Post by: Flodner on December 11, 2018, 11:49:30 PM
Don't forget that your points are 10:1 ratio of ALTS, so you don't need to to have it in your MEW to be holding ALTS on the platform. No doubt over time with growth of the forum thanks to growth of the crypto & altcoin space, these tokens will begin to find real value, with further distribution of tokens expected.

Yes, so Epidemia has 500+ ALTS - not bad!
By the way, may be it would be good idea to start ALTS as EOS-based tokens? (ALTS holders can receive appropriate token conversion)
what do you think about it?
Title: Re: ALTS token - a brief overview
Post by: epidemia on December 12, 2018, 07:08:16 AM
Yes, so Epidemia has 500+ ALTS - not bad!
By the way, may be it would be good idea to start ALTS as EOS-based tokens? (ALTS holders can receive appropriate token conversion)
what do you think about it?

I look forward to the next ALTS token payout. :)

Create a token based on EOS? I think this is a good idea!
But, of course, all these questions need to be resolved through the administrator, because his opinion will be key.
Title: Re: ALTS token - a brief overview
Post by: Flodner on December 12, 2018, 12:19:11 PM

I look forward to the next ALTS token payout. :)

Create a token based on EOS? I think this is a good idea!
But, of course, all these questions need to be resolved through the administrator, because his opinion will be key.

Did you submit already your request for ALTs or are you waiting for your balance to grow even bigger?

Yes, with EOS there would be several benefits, on of which - no transaction fees, so technically people would be able to transfer even 1 ALT or even smaller balance
Title: Re: ALTS token - a brief overview
Post by: epidemia on December 12, 2018, 12:33:51 PM
Did you submit already your request for ALTs or are you waiting for your balance to grow even bigger?

Yes, I applied for the withdrawal of tokens more than a month ago, but I still expect.
Probably, all payments for all participants will be made in one day.

Yes, with EOS there would be several benefits, on of which - no transaction fees, so technically people would be able to transfer even 1 ALT or even smaller balance

It would be very convenient! Good idea!
Title: Re: ALTS token - a brief overview
Post by: Bigpat on December 12, 2018, 12:40:39 PM
I sent a request for ALTS on October 6th. More than two months have passed, but there is no result.
As I understand, tokens are not sent strictly on schedule, but when it is convenient for admin to do this.
Or when a large number of such requests are typed.
Title: Re: ALTS token - a brief overview
Post by: epidemia on December 12, 2018, 02:48:45 PM
After a brief study of this issue I came to the conclusion that EOS exceeds Ethereum in almost everything!
One of the main differences between the EOS and Ethereum networks is the decision-making mechanism. Ethereum uses a work-proof mechanism (and will soon switch to a hybrid work-proof), and EOS will use Graphene technology, which uses a delegated consensus mechanism (DPOS).
One of the potential benefits of the EOS platform is improved scalability, which leads to faster and cheaper processing of large transaction volumes.

That is, it is more profitable to use the EOS blockchain ... but perhaps the admin has his own point of view :)

I sent a request for ALTS on October 6th. More than two months have passed, but there is no result.
As I understand, tokens are not sent strictly on schedule, but when it is convenient for admin to do this.
Or when a large number of such requests are typed.

But of course I would like to hear the version of the administrator himself, because only he knows the truth ;)



Title: Re: ALTS token - a brief overview
Post by: Bigpat on December 12, 2018, 02:57:37 PM
One of dignities of EOS are free transactions into a network. This is a very nice virtue.
Especially when do translation tokens plenty of addressees.
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 12, 2018, 04:24:32 PM
Don't forget that your points are 10:1 ratio of ALTS, so you don't need to to have it in your MEW to be holding ALTS on the platform. No doubt over time with growth of the forum thanks to growth of the crypto & altcoin space, these tokens will begin to find real value, with further distribution of tokens expected.

Yes, so Epidemia has 500+ ALTS - not bad!
By the way, may be it would be good idea to start ALTS as EOS-based tokens? (ALTS holders can receive appropriate token conversion)
what do you think about it?

I don't think that ALTS should be on the EOS platform personally, I'm quite happy with the ERC20 model and backing Ethereum. While EOS tokens may well be better in many ways, the platform still has a lot to prove in my opinion. The centralized aspects of it are still a concern to me.
Title: Re: ALTS token - a brief overview
Post by: hair on July 01, 2020, 06:19:36 PM
I believe that the ALTS token is extremely promising, because the forum is developing, and the value of the coin will only increase.
I also think so because there are many new users in this forum. The best choice right now is to hold ALTS tokens for long-term investment.
Title: Re: ALTS token - a brief overview
Post by: bigcash2011 on July 01, 2020, 11:40:10 PM
With small supply ALTS token can really do well in the future, i will suggest team to come up with more use cases, something like reddit is offering with their coins, like premium forum membership for alts tokens or banner or pay per click ads on the forum for alts token.
Title: Re: ALTS token - a brief overview
Post by: admin on July 02, 2020, 12:50:04 AM
With small supply ALTS token can really do well in the future, i will suggest team to come up with more use cases, something like reddit is offering with their coins, like premium forum membership for alts tokens or banner or pay per click ads on the forum for alts token.
heard loud and clear
Title: Re: ALTS token - a brief overview
Post by: KryptoBull on July 08, 2020, 06:30:03 PM
I just checked the information about ALTS on etherscan:
https://etherscan.io/token/0x638ac149ea8ef9a1286c41b977017aa7359e6cfa

Currently, there are only 565 holders of ALTS, hope we have more wallet addresses soon, because the number of wallets is also one of the criteria to evaluate the success of a token. The number of members of AltcoinsTalks is about to reach 75000, there is no reason for us not to reach 7500 ALTS wallet addresses in 2020 :)
Title: Re: ALTS token - a brief overview
Post by: Augusta on August 11, 2020, 05:33:10 PM
ALTS is a token created on the Ethereum blockchain and supports the ERC20 standard, so it is fully functional as other cryptocurrency tokens.
Title: Re: ALTS token - a brief overview
Post by: Gostudio on December 06, 2020, 05:21:04 PM
Thank you all for your comments!

I believe that the ALTS token is extremely promising.

Yes it is. I was so amazed, this is my first time saw your post sir Epidemia and it is amazing to me. I was thrilled and excited because I saw your Rank sir, padawan! I believe I can reach thay rank also. Shalom, shalom.
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 07, 2020, 12:53:17 AM
With small supply ALTS token can really do well in the future, i will suggest team to come up with more use cases, something like reddit is offering with their coins, like premium forum membership for alts tokens or banner or pay per click ads on the forum for alts token.
heard loud and clear

Nice to see you've been paying attention  8) Once banner advertising comes through in ALTS, or ETH that is transferred into ALTS, we'll be sorted for the future I think. The rest, such as certain membership groups only accepting ALTS, will merely follow suit.
Title: Re: ALTS token - a brief overview
Post by: hair on December 07, 2020, 05:11:27 AM
Nice to see you've been paying attention  8) Once banner advertising comes through in ALTS, or ETH that is transferred into ALTS, we'll be sorted for the future I think. The rest, such as certain membership groups only accepting ALTS, will merely follow suit.
ALTS has the opportunity to become a coin that the project will use for promotion here. I am sure that the few years will increase the volume of ALTS. Keep watch  8)
Title: Re: ALTS token - a brief overview
Post by: dragonvslinux on December 07, 2020, 07:32:42 PM
Nice to see you've been paying attention  8) Once banner advertising comes through in ALTS, or ETH that is transferred into ALTS, we'll be sorted for the future I think. The rest, such as certain membership groups only accepting ALTS, will merely follow suit.
ALTS has the opportunity to become a coin that the project will use for promotion here. I am sure that the few years will increase the volume of ALTS. Keep watch  8)

Yeh I'm thinking of the next few years too, not the near future, not with current gas prices either. Patience is a virtue. Until my 4.1 gwei transaction clears, it's still worth a lot less than 1m basicslly  :P
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 08, 2020, 04:10:42 PM
With small supply ALTS token can really do well in the future, i will suggest team to come up with more use cases, something like reddit is offering with their coins, like premium forum membership for alts tokens or banner or pay per click ads on the forum for alts token.

I guess this is a start to having use cases:

- Removing plagia strike: You lose half your points and you need to send 10 ALTS to the address above.
- Removing plagia penalty: You lose all your points and you need to send 50 ALTS to the address above.
- Removing negative karma: You lose some of your points and you need to send 3 ALTS/per negative karma to the address above.

Sounds like a fair deal to me. Edit: According to my math, this is now the new value of -karma to alts:

  • The negative karma score goes up by a factor of 4 as follows:
    • 1 negative karma: - 100 to 400 points ~ equivalent to 1-4 ALTS
    • 2 negative karma: - 400 to 1,000 points ~ equivalent to 4-10 ALTS
    • 3 negative karma: - 1,600 to 4,000 points ~ equivalent to 16-40 ALTS
    • 4 negative karma - 6,400 to 16,000 points ~ equivalent to 64-160 ALTS
    • 5 negative karma - 25,600 to 64,000 points ~ equivalent to 256-640 ALTS
Title: Re: ALTS token - a brief overview
Post by: TomPluz on December 09, 2020, 04:38:48 AM
It would be more exciting if there are ongoing developmental plans for the ALTS token which can really push this forum to the top and compete well with the other forum out there. Of course, that can entail some needed resources and time for those who are going to focus on the project, but we can do it as a community am sure many of the members here can volunteer to their part...and that can be the beauty of it we can make it as a cooperative type of venture. Okay, I am just suggesting.
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 09, 2020, 12:46:50 PM
It would be more exciting if there are ongoing developmental plans for the ALTS token which can really push this forum to the top and compete well with the other forum out there. Of course, that can entail some needed resources and time for those who are going to focus on the project, but we can do it as a community am sure many of the members here can volunteer to their part...and that can be the beauty of it we can make it as a cooperative type of venture. Okay, I am just suggesting.

It's a good suggestion, based on the idea of as community raising the utility and value of ALTS. After all, there are over 500 hodlers at present, the aim of this forum is to be a decentralized revenue sharing platform, therefore the responsibility of giving use to our token is also shared.

As I've referenced before, hopefully this comes from advertising revenue from forum banners in different sections, which is also part of the decentralized revenue sharing model for moderators. Hopefully this will inspire our team of 30+ to start bringing in revenue in ALTS, but we'll see.

I also calculated the equivalent cost of removing karma by appeal up to -10K for anyone half-interested: https://www.altcoinstalks.com/index.php?topic=183045.0
Title: Re: ALTS token - a brief overview
Post by: Power on December 09, 2020, 07:38:05 PM
Congrats Epidemia!

I was happy to spend my ALTS

Me too I am so thankful to be part of this forum. ALTT has its own token it is called the ALTS
Title: Re: ALTS token - a brief overview
Post by: dragonvslinux on December 10, 2020, 09:56:55 PM
Congrats Epidemia!

I was happy to spend my ALTS

Me too I am so thankful to be part of this forum. ALTT has its own token it is called the ALTS

Indeed, it's also slightly confusing though as this forum has two tokens, both ALTS and ALTT. ALTS is distributed for activity (100 points to 1 ALTS) whereas ALTT is distributed for contests, giveaways & prom9tion and has much larger token supply. The value of the forum however is determined by ALTS, not ALTT, for now at least.
Title: Re: ALTS token - a brief overview
Post by: tinakoya on December 10, 2020, 10:59:15 PM
I think we should be having way more addresses by now, what can we do to increase the holder addresses of ALTS and it's value?
I noticed we do have even more forum users now recently, this is something we could do if we come together i suppose!
Title: Re: ALTS token - a brief overview
Post by: Seerge on December 11, 2020, 03:42:05 PM
For now, I don't have this ALTS token myself, but I hope that in the future I can have it. Very lucky to be able to join Altcoinstalks Forum, because we have a great opportunity to get ALTS. If one day the ALTS Token can enter the big market, it is not impossible that it will increase the popularity of this Altcoinstalks forum. Stay excited and do your best for the development of the forum!
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 11, 2020, 04:06:01 PM
Altcoinstalks Forum Banner for January 2021 bidding has started for anyone interested:
https://www.altcoinstalks.com/index.php?topic=183276.0

Royalty are swooping in with bids I see  8)
Nice to see the token being used in the main thing, even if it'll likely be hodlers that will be paying rather than new buyers, it's the utility that counts.
Title: Re: ALTS token - a brief overview
Post by: dragonvslinux on December 12, 2020, 02:05:56 PM
Just had first DEX trade in 22 months, took a while huh? New scheme seems to be working out alright then.

Tx: https://etherscan.io/tx/0xbab5afe7c2a40812118adc3b6c50c9dd42416ebfabc536de86fee367b8680228
Ref: https://www.altcoinstalks.com/index.php?topic=183463.0
Ann: https://www.altcoinstalks.com/index.php?topic=182908.0

New price (https://etherscan.io/token/0x638ac149ea8ef9a1286c41b977017aa7359e6cfa#tokenTrade): 0.0002 ETH / $0.11.
Current market cap (10m tokens): 2,000 ETH / $1,114,360
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 12, 2020, 07:06:27 PM
Just found an ALTS/USD price chart for the first time ever  8)

ALTS/USD

(https://i.imgur.com/Bs6Q6Nt.png)

Source: https://blockfolio.com/coin/ALTS

Looking god hugging Ether's price with 3.5x in past two years?
Title: Re: ALTS token - a brief overview
Post by: tsakf on December 12, 2020, 08:22:05 PM
One of dignities of EOS are free transactions into a network. This is a very nice virtue.
Especially when do translation tokens plenty of addressees.

I think, that this is very interesting. EOS, is a known blockchain. I started looking at Tezos, because, it started offering ERC-20 wrapped tokens.
Title: Re: ALTS token - a brief overview
Post by: Master107 on December 12, 2020, 08:29:19 PM
NO DOUBT ALTS WILL CATCH THE ATTENTIONS OF BIG INVESTORS.

I'm optimistic that ALTS will become popular in the future. What is my basis? Well, Altcoins Talks forum is progressing which is really good to reach the world and call the attention of investors. Maybe not now but in the future.

Just found an ALTS/USD price chart for the first time ever  8)

ALTS/USD

(https://i.imgur.com/Bs6Q6Nt.png)

Source: https://blockfolio.com/coin/ALTS

Looking god hugging Ether's price with 3.5x in past two years?

Another proof of ALTS success. This is huge achievement.
Title: Re: ALTS token - a brief overview
Post by: Riya143 on December 12, 2020, 08:51:27 PM
Since ALTS is the forum's own token. So we should give importance. I think the forum owner Token expects something better. It will be much more popular in the future. I hope this will be listed in the good exchanges.
Title: Re: ALTS token - a brief overview
Post by: MRM on December 12, 2020, 09:06:29 PM
Much more fun, EOS is important. Our forum has its own token, which will improve a lot in the future. Will gain popularity like different tokens. Will be listed on any good exchange. So many good wishes remained.
Title: Re: ALTS token - a brief overview
Post by: kulkhan on December 13, 2020, 07:48:17 AM
I believe that the ALTS token is extremely promising, because the forum is developing, and the value of the coin will only increase.
I also think so because there are many new users in this forum. The best choice right now is to hold ALTS tokens for long-term investment.
I also think that ALTS will Very Profitable for us. I also want to hold ALTS token. Altcoin Forum Developing day by day so i think ALTS token will very popular day by day. If anyone hold it he will be big profitable must. I aslo want to hold it. If any way to buy ALTS i will by it for long time hold.
Title: Re: ALTS token - a brief overview
Post by: tsakf on December 13, 2020, 08:49:19 AM
Much more fun, EOS is important. Our forum has its own token, which will improve a lot in the future. Will gain popularity like different tokens. Will be listed on any good exchange. So many good wishes remained.

We need lot of time and work, but this is how things are getting done!
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 13, 2020, 11:46:15 AM
NO DOUBT ALTS WILL CATCH THE ATTENTIONS OF BIG INVESTORS.

I'm optimistic that ALTS will become popular in the future. What is my basis? Well, Altcoins Talks forum is progressing which is really good to reach the world and call the attention of investors. Maybe not now but in the future.

Just found an ALTS/USD price chart for the first time ever  8)

ALTS/USD

(https://i.imgur.com/Bs6Q6Nt.png)

Source: https://blockfolio.com/coin/ALTS

Looking god hugging Ether's price with 3.5x in past two years?

Another proof of ALTS success. This is huge achievement.

Banner bidding for January is getting quite expensive so had to pump the price a little  :P

1000 Alts

1100 ALTS

New price:  0.000394949 ALTS/ETH ($0.23). Current bid value: 0.4344439 ETH / $253.48. Now we're talking  8)

(https://i.imgur.com/FhmhsWa.png)

Source: https://blockfolio.com/coin/ALTS?timeFrame=2Y

Also wanted to increase the price for plagiarism strike/penalty and negative karma removal for transparency sake:

I was left slightly unsatisfied yesterday that some of the most expensive accounts were only only valued at $15-25 to recover.

Hence I decided to increase this cost by 100% by buying more ALTS tokens. New costs are as follows:

  • -55 karma + PS + PP = 215 ALTS ~ current cost ~ 0.084914035 ETH / $49.58
  • -52 karma + PS          = 166 ALTS ~ current cost ~ 0.065561534 ETH / $38.28
  • -51 karma + PS          = 163 ALTS ~ current cost ~ 0.064376687 ETH / $37.59

Cost based on most recent DEX trade (https://etherscan.io/token/0x638ac149ea8ef9a1286c41b977017aa7359e6cfa#tokenTrade) of 0.000394949 ETH per ALTS ($0.23).

I'm such a nice guy I know  ;D
Title: Re: ALTS token - a brief overview
Post by: hair on December 13, 2020, 12:01:24 PM
Also wanted to increase the price for plagiarism strike/penalty and negative karma removal for transparency sake:
This is great for increasing the price of our token. Very useful for enlarging the community and usability of ALTS :)
Title: Re: ALTS token - a brief overview
Post by: epidemia on December 13, 2020, 12:14:19 PM
Everything is cool, I agree  :)
But a token need at least one adequate trading platform. Delta is practically dead. And young cryptans do not know about this exchange.
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 13, 2020, 05:35:41 PM
Everything is cool, I agree  :)
But a token need at least one adequate trading platform. Delta is practically dead. And young cryptans do not know about this exchange.

True story. Delta is dead but it's a reflection of the lack of ALTS trading volume more than anything. It did feel like I wrecked my account trying to use FD though, somethings never change I guess.

For uniswap we need coingecko listing, to integrate into their system. I applied via github but they only integrate tokens themselves rarely, no doubt based on volume too.

Where's an ambassador when you need one basically. Gecko listing required for upgrade.
Title: Re: ALTS token - a brief overview
Post by: tsakf on December 13, 2020, 08:31:55 PM
[snip]

For uniswap we need coingecko listing, to integrate into their system. I applied via github but they only integrate tokens themselves rarely, no doubt based on volume too.

Where's an ambassador when you need one basically. Gecko listing required for upgrade.

I agree, that  coingecko listing, will increase popularity, of the coin, and the forum. This will make us get one step closer, to success.
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 13, 2020, 09:17:09 PM
Latest incentive: https://www.altcoinstalks.com/index.php?board=382.0
Worth a go I guess  :)
Title: Re: ALTS token - a brief overview
Post by: Lenipiw on December 14, 2020, 01:08:25 AM
I think the list on Uniswap is great. It will be much more popular all over the world. I think exchanges charge a lot more. So I believe it would be great if at Uniswap. Some investors, some new people will be added to the forum. This will improve the forum.
Title: Re: ALTS token - a brief overview
Post by: Master107 on December 14, 2020, 03:23:19 AM
Latest incentive: https://www.altcoinstalks.com/index.php?board=382.0
Worth a go I guess  :)

Agree. Exciting to join. Will participate this very wonderful idea.
Also this will help ALTS popularity and the people will know how potential is it.

I hope many will participate.
Title: Re: ALTS token - a brief overview
Post by: hair on December 14, 2020, 09:21:10 AM
Agree. Exciting to join. Will participate this very wonderful idea.
Also this will help ALTS popularity and the people will know how potential is it.
I support ALTS go to the moon. I believe that ALTS will be very valuable in the future. I will be collecting ALTS for the long term :)
Title: Re: ALTS token - a brief overview
Post by: Istiak on December 14, 2020, 10:09:49 AM
What will be the use case of these tokens? its been many years since that token has been issued but there is not no real use case nor the community is attracted to it. Let's create a topic where we can discuss how we can use that token what how we can create some real value for that token. Many people may have different ideas.
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 14, 2020, 02:42:54 PM
What will be the use case of these tokens? its been many years since that token has been issued but there is not no real use case nor the community is attracted to it.

It's interesting you ask this, as I've just updated the info page about ALTS with the utility and therefore use case  :)
I agree with you here, there were "theoretical" use cases for 3 years that never came to fruition. Now the situation appears very different.

Utility:
  • Removing strikes, penalties & negative karma (https://www.altcoinstalks.com/index.php?topic=182908.0) ✅
  • Voting for new coins to be added to the forum (https://www.altcoinstalks.com/index.php?topic=182697.0) ✅
  • Forum banner advertising bidding auction (https://www.altcoinstalks.com/index.php?topic=179936.0) ✅
  • Integrated in our classified marketplace (https://www.altcoinstalks.com/index.php?action=classifieds)

So far, in the past month we have had; forum advertising banner bidding in ALTS (currently at 1,100 ALTS, worth 0.4344439 ETH), voting for Ton forum section with 200 ALTS (as votes), as well as one plagiarism strike removed for 13 ALTS. This is why I invested my own money recently (https://www.altcoinstalks.com/index.php?topic=183276.msg1017603#msg1017603) to buy tokens: new-found utility + transaction (https://etherscan.io/token/0x638ac149ea8ef9a1286c41b977017aa7359e6cfa) activity (https://etherscan.io/token/0x638ac149ea8ef9a1286c41b977017aa7359e6cfa#tokenTrade).

How long will it be before ALTS hodlers run out of tokens for banner bidding @ 1,000 a month? Not very long, clearly, only 40 accounts have 1K+ (https://etherscan.io/token/0x638ac149ea8ef9a1286c41b977017aa7359e6cfa#balances). This will be the main demand for tokens, now that banner advertising exclusively in ALTS. While other use cases (for smaller quantities) of ALTS helps to create utility.

We are finally starting to build our own micro-economy here, slowly but surely.



Let's create a topic where we can discuss how we can use that token what how we can create some real value for that token. Many people may have different ideas.

For years as a community we have theorized how the token would be used, but collectively we failed to either make any good suggestions to make the token useful in a way in which we wanted to see. Now we have use cases that are actually being used. I encourage anyone to make a topic on the subject, but with the update to the info page (including links/references), I think it should be clear to anyone now what ALTS is actually used for. I've been thinking about documenting the development of ALTS, particularly based on recent weeks, but there isn't much to say apart from "it's now being used".

Only took us 3 years but we got there eventually :)
Title: Re: ALTS token - a brief overview
Post by: iloveyobit on December 14, 2020, 02:48:30 PM
Agree. Exciting to join. Will participate this very wonderful idea.
Also this will help ALTS popularity and the people will know how potential is it.
I support ALTS go to the moon. I believe that ALTS will be very valuable in the future. I will be collecting ALTS for the long term :)

but i believe that if you want your token to go to the moon , you should relate it with big projects and uses , adding the token to uniswap without  clear projects or collaboration will effect it negatively , lets hope the members will hold it
Title: Re: ALTS token - a brief overview
Post by: dragononcrypto on December 14, 2020, 02:56:46 PM
Agree. Exciting to join. Will participate this very wonderful idea.
Also this will help ALTS popularity and the people will know how potential is it.
I support ALTS go to the moon. I believe that ALTS will be very valuable in the future. I will be collecting ALTS for the long term :)

but i believe that if you want your token to go to the moon , you should relate it with big projects and uses , adding the token to uniswap without  clear projects or collaboration will effect it negatively , lets hope the members will hold it

I somewhat disagree, I'm not interested in ALTS being connected/related with larger projects at present. If big projects want to get involved then they are more than welcome, but it's a waste of our time trying to make these connections. We will focus on the use cases that I referenced above for now, and keep adding to them, to continue generating demand. It's better to build up our use cases and utility before trying to partner with any other major projects imo. I also agree Uniswap isn't what we need right now, even if some users think this (page 3). As referenced before, for those who want that exchange ability, it's a coingecko listing that's required for Uniswap integration (native UNI listing not required and is incredibly unlikely).

Members here have otherwise hodled their tokens for 2.5 years without a single dex sell, so I have no concerns about this right now. It's time tested.
Title: Re: ALTS token - a brief overview
Post by: Master107 on December 14, 2020, 03:33:06 PM
Agree. Exciting to join. Will participate this very wonderful idea.
Also this will help ALTS popularity and the people will know how potential is it.
I support ALTS go to the moon. I believe that ALTS will be very valuable in the future. I will be collecting ALTS for the long term :)

but i believe that if you want your token to go to the moon , you should relate it with big projects and uses , adding the token to uniswap without  clear projects or collaboration will effect it negatively , lets hope the members will hold it

For me, it is better to focus on internal aspect before going to external dimensions. I believe all things are possible and there is a right time for everything. My description to ALTS is "the sleeping giant that can gather altcoins together.." Maybe you will not believe but that's my own futuristic vision. For three years I've seen the forum is developing from one stage to another it seems "METAMORPHOSIS."
Title: Re: ALTS token - a brief overview
Post by: Paglamon on December 14, 2020, 04:57:21 PM
I've been on the forum for a long time. The forum has gained a lot of popularity. So I think our forum will have its own token listed on any dex or exchange. Hopefully will create a better position.
Title: Re: ALTS token - a brief overview
Post by: disconnectme on December 14, 2020, 05:22:38 PM
I believe there are ways to add value to this token one that comes to mind is to make any transaction on this forum to be paid for using the Alt token just. If I want to place advert, pay for it with Alt tokens, this would help drive up the price and when people realise there is demand for it the price action would follow.
Title: Re: ALTS token - a brief overview
Post by: tsakf on December 14, 2020, 05:36:56 PM
I believe there are ways to add value to this token one that comes to mind is to make any transaction on this forum to be paid for using the Alt token just. If I want to place advert, pay for it with Alt tokens, this would help drive up the price and when people realise there is demand for it the price action would follow.

I agree with this. In forum payments, with ALTS, will increase the usability, and will drive up demand. It is a very good proposal.
Title: Re: ALTS token - a brief overview
Post by: dragonvslinux on December 14, 2020, 11:29:16 PM
I believe there are ways to add value to this token one that comes to mind is to make any transaction on this forum to be paid for using the Alt token just. If I want to place advert, pay for it with Alt tokens, this would help drive up the price and when people realise there is demand for it the price action would follow.

I agree with this. In forum payments, with ALTS, will increase the usability, and will drive up demand. It is a very good proposal.

True, if your scroll up its one of the utilities I listed (unticked) as users here simply don't use the built in shop but instead advertise in the marketplace and prefer to engage directly with each other.

Maybe this will change in the future, but for now main utility appears to be bidding, voting and account recovery.
Title: Re: ALTS token - a brief overview
Post by: Power on December 15, 2020, 01:38:43 AM
One of dignities of EOS are free transactions into a network. This is a very nice virtue.
Especially when do translation tokens plenty of addressees.


I hope this Idea will come to pass, it will help a lots of member here if it will be approved by our adminidtration. Now I know why Epidemia has a lot of Alts, it is through actively participating in our forum not only that, he holds the the highest title when it comes to ranking activity "padawan". Well, this information about alts, altt and how to withdraw is so helpful. Keep it up.
Title: Re: ALTS token - a brief overview
Post by: Nostoman on December 15, 2020, 07:50:59 AM
~
I somewhat disagree, I'm not interested in ALTS being connected/related with larger projects at present. If big projects want to get involved then they are more than welcome, but it's a waste of our time trying to make these connections. We will focus on the use cases that I referenced above for now, and keep adding to them, to continue generating demand. It's better to build up our use cases and utility before trying to partner with any other major projects imo. I also agree Uniswap isn't what we need right now, even if some users think this (page 3). As referenced before, for those who want that exchange ability, it's a coingecko listing that's required for Uniswap integration (native UNI listing not required and is incredibly unlikely).

Members here have otherwise hodled their tokens for 2.5 years without a single dex sell, so I have no concerns about this right now. It's time tested.
We should not go with any big project or exchange at this moment. If projects want to partner with our forum, they are welcome here. But the project must be good. I agree with you here.

I don't think we need Uniswap at the moment. We should wait a little longer. Our forum is improving. So I think in the future the forum's own token will get a better place. Will remain at the top of popularity and demand.
Title: Re: ALTS token - a brief overview
Post by: tor on December 15, 2020, 08:25:21 AM
It is very wonderful that altcoinstalks gives users an additional opportunity to earn money and rewards them with ALTS tokens, I like this forum more and more  ;)
Title: Re: ALTS token - a brief overview
Post by: tsakf on December 15, 2020, 08:10:33 PM

[snip]
We are finally starting to build our own micro-economy here, slowly but surely.

[snip]

This is, the best thing, we can do here. We can use them, for forum related stuff, and this will be great.
Title: Re: ALTS token - a brief overview
Post by: Maynul96 on December 16, 2020, 04:44:19 PM
I see that the ALT token supply is really limited and not have mor holder. But i can't  predict any tokens future Through their total supply. Becouse i see some project,  their total supply was not more, but token price is very bad. But we know the ALT token is totally different, becouse this is no other CT Forums token.
Title: Re: ALTS token - a brief overview
Post by: dragonvslinux on December 20, 2020, 10:53:07 AM
Token price doubled again after more tokens bought  8)

Now up to 0.000394949 ALTS/ETH after 10 tokens purchased (https://etherscan.io/tx/0x33cd68a21b783e2b8d77249dcb562f2ffa5c8ac563fb4049265936ea3e93f0e7) for $0.26*  8)

(https://i.imgur.com/ULpN5z9.png)

As referenced in the quote, this is the highest price since June 1st 2018 when Ethereum was $590, meaning we are keeping up with the no.1 altcoin 💪

Not to mention the highest price is over two and half years. We still have a long way to go, but we're getting there I think.
Title: Re: ALTS token - a brief overview
Post by: Hasnain khan on December 20, 2020, 02:19:50 PM
I don't imagine that ALTS should be on the EOS stage by and by, I'm very content with the ERC20 model and support Ethereum. While EOS tokens likely could be better from multiple points of view, the stage actually has a great deal to demonstrate as I would see it. The brought together parts of it are as yet a worry to me.
Title: Re: ALTS token - a brief overview
Post by: tsakf on December 21, 2020, 07:29:47 AM
I don't imagine that ALTS should be on the EOS stage by and by, I'm very content with the ERC20 model and support Ethereum. While EOS tokens likely could be better from multiple points of view, the stage actually has a great deal to demonstrate as I would see it. The brought together parts of it are as yet a worry to me.

I would prefer, the EOS stage, because ETH gas is skyrocketing. Most of the tokens are ERC20, but this is like putting "all the eggs in one basket".
Title: Re: ALTS token - a brief overview
Post by: EthereumDev_ on December 21, 2020, 09:32:49 AM
I don't imagine that ALTS should be on the EOS stage by and by, I'm very content with the ERC20 model and support Ethereum. While EOS tokens likely could be better from multiple points of view, the stage actually has a great deal to demonstrate as I would see it. The brought together parts of it are as yet a worry to me.

I would prefer, the EOS stage, because ETH gas is skyrocketing. Most of the tokens are ERC20, but this is like putting "all the eggs in one basket".
altcoins will have good price movements. Of course, EOS still has that potential and it could be very expensive someday, so we should all be able to take advantage of it as much as possible to get a lot of profit.