A top tier exchange listing costs $500k-5million USD and doesnt solve anything. You are off by about 10-100x in that claim.
Magi solves all our CEX dependence problems and generates Hive and HBD demand. Its as simple that. The market is moving to DEXes.
Magi is 1 of only 4 crosschain liquidity layers that exist.
We got there before almost everyone else. You should be excited for whats coming. I know you wont be Marky 😅... but you should be.
I started reading up top with the view I just need more information but maybe could support. The more I read lower through comments It’s the replies that turned me totally off to ever supporting this. This give me red flags with the avoiding questions and ignoring the critical points being made.
A used car salesman is someone trying to trick you into buying low grade products.
How am I trying to do that? I do not make claims without having something to back it up.
You picked the comment above to reply to. Obviously all said above can be verified. If I am a used car salesman type what I said above will be false. Easy to verify.
Feel free to bring up any points you have,I feel I covered all the critical points. But if you have any questions let me know.
I removed the car salesman part. I should have been very specific and I wasn’t. I typed “you” when I should have said project or proposal. That was a mistake and I’ve removed it.
You intuition is correct not to trust blindly especialy when someone makes claims like these. Start with AI. Run this post through it. Grok, Chatgpt Run my comment. Always verify.
I appreciate the response. I will dig into the info sent 👍.
We cannot undersell how humongous this feat is regardless how it might look to some people. Yes, there is marketing talk here but we made sure no lie was said.
Validate it. You have AI, run this post through it, ask it what kind of budget equivalent protocols had to work with. How difficult this is to build. Where it would place TSS custody of external assets in terms of cryptographic complexity.
How many hundreds of times more complex building this is compared to everything else being built on Hive right now.
All I ask is people to verify and check. Research it yourself. The great thing is that you do not have to believe me.
Hardly, that's only if you brute force your way in.
Yup, super excited.
We have been “asking nicely” for years. Thats not how it works, especially since we are a low volume chain. Its 500k-5million. And then you can get delisted at a whim.
Thats no solution to anything.
This is the solution. Its not only the best chance we have, its probably the only chance we have. Other proposals are opensource, maintenance, wallet, etc.
You know this.
This is the kind of stuff we should be funding with most of the DHF. Projects that create opportunity for Hive. That have a chance of being competitive in the market.
Im sure you wont support it with your vote, but you can for sure support it in other ways. We need Hive bonded in validator nodes. We need liquidity.
Read what it is we do, you will understand why it helps and how it helps.
We should have had native smart contracts years ago.
Smart contracts are just a part of what Magi provides. Sure, ages ago, but thats just a feature, isnt it, it doesnt generate demand for Hive on its own. Theres hundreds of smart contract platforms. None of them offer wallet interop. None of them have trustless crosschain liquidity layers. We do. Those are the killer features. A feature that doesnt only serve Hive but can serve every other chain and by doing so by design requires HBD and Hive being bought. Thats what this is. We are in the business of selling HBd and Hive.
i see this is a problem too, focus on the dapp ( that should not be funded by DAO) and the chain itself is more or less useless ( at least nobody builds on it or knows how to build on it + witnesses burn money).
The dapps should work by market not by DAO. Funding chain infrastructure makes sense. And IMO there should be crosschain pool connections ( So magi pool not big? no problem, outsource trading to third party pools to clear it since fees already skyhigh).