10% whale dumped on us, we:re at the beginning of the project and expected this. Time to buy into this if you haven't already. We'll recover and people are already buying the dip.
No, the dev can't delete your content!
Libertas is a decentralized audio and podcast streaming service
"We are developing a smart contract platform which seeks to provide the world's first decentralised audio and podcast streaming service.
Content cannot be removed or deplatformed. Trustless ownership provides content creators and their audience with tokenized rewards.
DeFi allows us to cut out the middle man replacing centralized payment systems with permissionless transactions."
>300k market cap - 100M fixed supply - 80% to uniswap >British developer >Registered ltd company >New awesome website launch 30th September >1.0 Launch 30th October >Podcasters keep 90% of tips - 5% is split between top 100 holders and 5% to the team
I seriously think the potential of this is huge, if the 1.0 launch is great and works fantastic as the demos we have would suggest then Libertas could become a real competitor to all the other podcasting services which are owned (most of the time) by billionaires and millionaires who want to control what people say and to push certain naratives - look at the recent Joe Rogan drama for example.
All it takes is for one big podcaster to mention Libertas and it could suddenly blast off - think of the possibilities such as BAT integration in 1-2 years times.
The 10% whale dumped because the main dev has COVID and is dying, which is kind of rational, looks like the product is getting delayed and with the team's tokens getting unlocked soon I'm kind of sketched about it. Still though, interesting project I admit, if it goes down to 2 cents I'll buy otherwise I don't think it's worth it.
Nonsense, the main dev is Kyle, where did you get this info?
He's already in the process of hiring more people and this happening now isn't so bad and won't affect the roadmap.
The drop was the effect of one guy dumping on us, probably some asian wallet taking the profit, can't blame people for wanting to make money. We knew this was going to happen sooner or later.
There's some weird misinformation going around this project.
The literal point of this project is that nothing saved in the blockchain will be able to be completely deleted, so you can upload whatever audio and don't have to worry as long as the police doesn't get involved.
Nicholas Allen
Large 10% buyer knew this project would take off sooner or later.
Kevin Torres
It was posted in the Telegram channel. Don't bullshit these people. Go into their tg channel and see for yourself. t.me/libertasproject
Landon Baker
"Libertas Devadmin LIBERTAS AnnouncementsSep 28, 2020 1:02:12 PM 64 Sadly one of our Developers Johnny has been REKT by COVID so he is unable to help us develop the Libertas platform. Timelines at the moment are un-effected but we will most likely look for another developer. - Kyle"
Right there in the Telegram channel at t.me/libertasproject.
Why are you bullshitting everyone here that that didn't happen?
>covid fucking up someone this bad Ominous, only the weak succumb to covid
Brody Evans
Did you not see what I wrote above? I am copying / pasting it word for word from the channel. If it's not true, why did the channel admin write it there in the channel then?
Landon Carter
Yes but he's not the main developer and him leaving is not the reason for the dip, as a matter of fact I don't think it will massively affect the program in the long run.
There's a pattern to these pump and dumps orchestrated by indian and chinese groups. They buy a legitimate project then put a lot of money in, once they see a spike they sell it off. Has happened with quite a few and doesn't delegitimize this.
While this is a shock to the project it was something we knew was going to happen at some point and will make the long run more stable.
Samuel Murphy
Right. I'm not saying he's the main developer; that other guy did. Nor am I saying he died.
I was just copying and pasting what was posted in the channel. That drop occurred within hours of that post having been made in that channel, along with that whale that dumped his millions. You can see it on Etherscan and correlate it to the post in the channel. Why not just mention the entire timeline and not just "a whale dumped (For seemingly no reason)"
Logan Jones
He did say "one of our developers", if you look at the website you can see that Kyle is the main guy creating Libertas.
This is a small program but the developed tech is already ahead of schedule.
Jordan Diaz
Anyway, this seems like a good project and the devs were upfront about what happened it seems.
Ayden Adams
You said main dev in your original comment, check above.
No matter, I hope stick with this.
Oliver Gonzalez
No, if you look at the IDs, that wasn't me. That was some other guy.
Angel Ward
Yea I agree, it might take some time to recover but we will get there.
Even got in before the 10% wallet but I'll ride this one out.
Luis Lewis
ah you're right, sorry pal.
Jayden Barnes
Despite what happened, it seems the devs, main admin or whoever, were upfront about it. Project seems like a good project. I understand people wanting to put it in a good light in light of what happened with that big sell off and like you said I am sure it will recover. The devs or admin being upfront with what happened will most definitely help with the recovery IMO. Best of luck to you and may you get to $1 eoy and beyond.
Cameron Hill
thanks man, $1 eoy seems a bit much but I think if uploading podcasts will be easy and cheap and that 90% distribution to creators works out at least 0.10$ is achievable by next year.
go over it again bitch or don't bring that trash up in hEre
Jonathan Reyes
It's single focus on audio podcasting is an advantage of bitchute and LBRY. The prototype is also already faster than data storage on bitcoin sv.
The demand for free speech platforms is there, even if some don't take off they remain stable in their user base with small growths here and there. I think the 90% going to the creators and 5% going to top holders will be quite the incentive to buy in and the dip is already being bought.
Austin Miller
Developer already dumped his 10% nice, when pink guys?
Ayden Cruz
I think now might be the last chance for a cheap buy, the more addresses the softer the blows to this project will be.
Bentley Cruz
That girl in the front is really trying not to stare
Ethan Reyes
Again, it was a large wallet buying in like what 8 days ago, read above for the process of a classic pump and dump schemes orchestrated by outside forces. They usually pick projects that have a decent chance of making it. Dev supply isn't even unlocked yet and he has been nothing but honest and upfront about everything.
