Would I like to list on Binance?
- Of course, yes!
Manipulations and airdrops.
Honest answer from Alexander Sokolovsky.
Questions from the community
1. Why did the drop not go to everyone?
In 3.5 months we reached an audience of 52 million people for our application, we did not expect so many people. We had to make a difficult decision.
If we had taken and distributed to everyone minus the bots, then everyone would have received 1-2 thousand tokens.
But then, it would have been an unfair distribution. After all, there were people who contributed more to the project. They invited friends, helped with promotion, and so on.
We took a different path - we chose those people who contributed the most to the project and rewarded them. There were 6 million of them. There were also those who received a little and those who received tens of millions of coins.
2. What are the criteria for drop distribution?
The first and main criterion - if you give to the community, then we reward you.
We distributed 56% of tokens to those who invited active friends. This was a key criterion. (Referrals are everything for us 😊)
Another criterion is income per hour. If a person has an income of 20 trillion or 5 trillion, it means he has done a lot, played, brought friends, etc.
We did not distribute to those who paid more. But to those who brought more friends. Did we consider donation factors?
Yes - but the weight was much less. (Hello to the guys who are now pushing for donations in NotPixel.)
3. Claiming period.
Why were people waiting to claim their drop?
Earlier, when coins were distributed - it crashed the network. We chose a different technology, which queued the distributions, but at the same time #TON continued to work quietly and process transactions.
The queue was several hours long, then everything went smoothly and everyone received coins.
4. Why is the capitalization low?
Because it could have been better or worse. But it turned out to be an average option. At the peak, the cap was 97 million. But then it started to decrease. If there had been Binance, it would have been more.
The market has changed, Binance did not tell us directly why they did not want to list - but judging by the token charts, Hamster, #DOGS and others do not need another failure.
Would I like to list on Binance? Of course, yes!
From all sides - Ton Foundation and the guys from #NOT🔥🔥🔥 from Telegram asked them, but it did not work out.
5. We had to do something with the price.
Firstly, these are manipulations and we do not participate in such. You know what problems market makers are facing now, and this is not our way.
Secondly, on the first day - the trading volume was 350 million. And that's a lot. You need phenomenal money to buy all this back.
The market maker does not influence the price or trading volume. Its task is to make the price the same on all exchanges. So that there is no skew to one side. And the second task is to fill the order book with orders so that counter orders can be placed and sold.
Investors and holders decided, why buy back or hold if the price will be 4 times lower in 5 days, and decided to wait and then re-enter or buy back. This is the current market situation.
I regret posting a photo the day before with the new Aston Martin. Then it spread in public that Sokolovsky bought a new car with our money!
It's not my car, it's my friend's, but that's not the point. I have a large collection of cars that I bought long before the listing. I've been collecting cars since 2011.
Aston Martin costs 300k. And in any case, it would not be enough to buy back 350 million coins.
6. About future plans.
We are actively working with the TON team on 2 vectors.
1. X-Holders.
Programs for X token holders. We have 5 projects that allocated tokens. We will do more activities only for X holders.
2. The second direction - Feed, sleep tracker, language learning applications, and I do not want to name the fourth application.
Feed in Telegram does not have a news feed. If you are subscribed to groups, you have to run around and open each group. We want to do this in the app, which will also display channels that your friends, celebrities, etc. are subscribed to.
There will also be a block for those who want to advertise in the app. Payment will be possible with token X. This will give it an additional utility function.
The hype of Telegram airdrops has passed. Now new studios and big guys are coming. And we want to take our niche. For me, listing changed nothing. I will continue to build with the team.
Token X will be integrated and actively participate in projects. So, all the most interesting is ahead.
