The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

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why aren't all 12 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Opinion
Zhou: Why FirstBlood Needed a Custom Token for Witness Node Utility
“For that layer, both both digital currency can work. Yeah, and then you go a little bit further where there are function, functional specific utility that cannot be achieved by ether, such as this witness Witness program would be running these only decentraliz…”
Joe Zhou Sep 16, 2017 ▶ 13:45 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Disclosure
Zhou Admits FirstBlood's Crowdsale Token Pricing Ratio Was 'Very Arbitrary'
“That ratio is very arbitrary. We basically, you know, look at the previous projects, we did the token launch and then we came in with a number, and then we want to give early supporters the special perks, such as discounts to, you know, to join the crowdfundin…”
Joe Zhou Sep 16, 2017 ▶ 17:51 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Assertion Supported
Zhou: FirstBlood Invented the Crypto 'Power Hour' Crowdfunding Concept
“And really the September 26th, we finished in the first hour, Because we were the inventor of the Power Hour concept for the whole crowdfunding thing.”
Joe Zhou Sep 16, 2017 ▶ 9:05 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Assertion Not checkable as stated
Zhou: Most dApps in 2017 Lack Real-Money Economic Functionality
“A lot of dApps right now, they haven't launched with their real, you know, real money function yet. They probably, you know, there's some products who deployed their app, applications on top of testnet, but they don't know how the real economy is going to work…”
Joe Zhou Sep 16, 2017 ▶ 18:54 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Assertion Not publicly verifiable
Zhou: FirstBlood Caps Witness Node Selection Impact at 1% Per Wallet
“All this selection process, ah, Has like a cap rate on on how likely you're getting selected to be participating in the network or helping the networks to be around which we did we did cap at the one percent as a maximum impact. So it doesn't matter how much y…”
Joe Zhou Sep 16, 2017 ▶ 20:43 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Disclosure
Zhou: FirstBlood Founders Were Allocated About 10% of Total Tokens
“The allocation, I think we had about 10% off the total.”
Joe Zhou Sep 16, 2017 ▶ 22:27 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Disclosure
Zhou: FirstBlood Liquidated 80% of Its ICO Ether to Fund Operations
“We liquid about 80% of the ether post crowd sale. We remain about 20% ether in the smart contract for because we don't Yeah, we don't need them, the amount of cash in the bank.”
Joe Zhou Sep 16, 2017 ▶ 27:40 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Disclosure
Zhou: FirstBlood Operated as 'Project Tron' on The DAO Before Hack
“Before the name first slide really came into life, we were operating under the project Tron in the DAO community, and we were one of the Most popular projects that are being supported. We're thinking about launching it, but then the whole bug happened.”
Joe Zhou Sep 16, 2017 ▶ 7:49 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Assertion Contradicted
Zhou: FirstBlood's 2016 Token ICO Sold Out in Just Four Ethereum Blocks
“It was really fast. We finished within the first four blocks in the Ethereum time.”
Joe Zhou Sep 16, 2017 ▶ 11:33 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Assertion Supported
Zhou: FirstBlood Pays Witness Node Operators From Game Winner Fees
“In first class term these people are getting paid because the winner of the game is paying a small percentage fees to the network. Part of that fees goes to the people who are running the witness.”
Joe Zhou Sep 16, 2017 ▶ 16:05 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Disclosure
Zhou: FirstBlood Raised the Equivalent of $5 Million in Ether
“Because we raised we raised about five dollar, five million dollar equivalent ether.”
Joe Zhou Sep 16, 2017 ▶ 24:12 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
Disclosure
Zhou: FirstBlood Monetizes Through Small Fees on Tournament Winnings
“First Blood is a platform that allows gamers to play games not only for fun, but also for money. The business model behind First Blood is really just, we're trying to open it up this venue for amateur gamers to compete against each other, demonstrate their ski…”
Joe Zhou Sep 16, 2017 ▶ 3:01 784: Crypto: How ICO Companies Turn Money Raised Into Cash-In-Bank To Fund Growth
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