T WWe don't doubt that the tech is great and commercial rollout is coming, but the question is how low will we go before we make a reversal? We have been making a new ATL every single week. Yes, the team said that commercial rollout is going to be in Autumn, but we have to take into account delays that
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noneuclideanI understand your argument, and I certainly don't dispute the importance of broader market conditions, especially when it comes to small-cap altcoins. But I think attributing virtually all of NetX's disappointing price action to market sentiment risks becoming an explanation that is impossible to ch
Totally agree with you here.
How are we supposed to relate to general alt coin market if we’re only listed on 2 tier z exchanges, of which one will likely become inaccessible soon?
T WWe don't doubt that the tech is great and commercial rollout is coming, but the question is how low will we go before we make a reversal? We have been making a new ATL every single week. Yes, the team said that commercial rollout is going to be in Autumn, but we have to take into account delays that
I think the most likely scenario is WEA does buy backs. We would need a boatload of transactions to affect price, assuming all of those transactions need NetX to begin with.
I wrote a question that I was going to ask in the October AMA/Q&A, but it was postponed/canceled. I am not sure that the recent coral event was what was supposed to happen in October. First, I want to make clear that this is meant only to clear up some questions and possibly create more conviction or improve the situation within the community. I believe the answers to these questions will serve the community by creating a more grounded understanding. I would appreciate if the questions are answered and if by any chance @AlexQuantTrader , @NetXAlan or any other admins here don't know the answer, it could be send to the team for review. I wrote it on September 11th, and I will leave it as it was saved; it is a long one, so bear with me.
First I want to say thank you for everything the team has built and for taking the time to answer community questions. I'm a strong believer in this project and these questions come from wanting to understand it better so I can explain it to others with confidence.
My question is about the relationship between NetX and WEA Japan.
Can you help us understand what role WEA Japan plays within the NetX ecosystem and what role NetX plays within WEA's operations? Are they two separate entities working together or is one dependent on the other to function?
On decentralization — if NetX is designed as a fully decentralized protocol, does WEA Japan's involvement as a centralized legal entity affect that decentralization in any way? And if NetX were to expand beyond Japan into countries with less strict regulatory requirements, would WEA still be needed or would NetX operate more independently there?
Finally on value transparency — if a merchant pays WEA Japan for a service and WEA then settles with NetX, how can token holders track that value flow on chain? Is there a way for the community to verify that real world transaction volume is actually generating on-chain activity on NetX mainnet rather than being handled entirely off-chain by WEA?
I ask because the community wants to be confident that real world usage translates into real on-chain value for $NETX and being able to show that proof would go a long way in answering a lot of the questions circulating right now. Thank you.
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