Member Info for GEN10

Have any of the firms in the Web ever made a profit and done well? Or do they all just report losses due to "consulting fees"

Be interesting to see lol

They make revenue now yes but not fiat 🤣 so they are kind of fully exposed on the crypto market (or actually just Bittensor)

If that does well then yes they absolutely stand to make good returns.

Agree, thus far it's been rinsed by directors since day 1. Giving eachother free shares, paying eachother "consultancy fees" etc but hoping that's all done now and over.

Edwards selling perhaps 🤔 or the seaweed guy? We gave him loads for nothing

I think it's time to stop handing out shares like sweets. It ruined CG, Cel, now could be similar here.

OE has left the building

Yep I'm fully invested in Mark and Siam. But those fees and the lack of clarity around them take the p*ss. Felt like CG and kingtide all over again.

Consulting themselves for what exactly? Winding up seaweed and buying bitcoin?

Over 1.5mil blown on "consulting fees" to their other companies. It really does need to stop.

Yep hopefully we can move forward now and put that seaweed nonsense and all those "consultation fees" in the rear view mirror.

It should be a line in the sand but seems to be Same old story here. No one has made money here yet and it seems that some may be close to break even at best. Meanwhile Matthew Lodge continues to do very well indeed from investors cash. Trying to ignore it and remain invested in the new team but there are some bad eggs at board level still raiding the cookie jar. I'm sure will all come good in the end but this BS needs to stop.

Yep will be interested to know how decisions like this will work in future in light of that news. Assuming this will be like a DAO and holders or subnet owners getting a vote?

I agree I can't stand continuous rounds of dilution. Personally think price bouncing around at this level or anything above 0.14 to 0.16 is last chance to be in below placing

I'm in @ same as placing level just looking to piggy back off bigger investors

18.5m and very confident

How much are you in for now TLB? Are you still stacking?

I get you. But we can only go up, down and sideways. Moves that don't even cover spread I see as the latter. I think when this is rising we will see significant moves. I'm hoping at least into penny's before a significant raise. (And I don't want the higher prices by way of share consolidation) This is undervalued it just doesn't have the eyeballs

I guess my point is that when this Share "rises" expect 50% 100% 150% etc

At the minute it's just breathing. A lot of obsession around orders and tiny moves that don't even cover spread.

SP at these levels that goes up 7% when there is a 10% spread is not a share price rising. It's consolidating. Same goes for when it goes down. That's the phase we're in. Where is the news directors are raising £100mil to buy TAO?

Will be further downside for TAO. Bitcoin weekly lows are gone so now fear is driving crypto. As long as Astrid can keep accumulating then these levels are a gift. Was bad timing for all those treasury companies though. All blew their funds right at the top. Ouch

Timing is always a risk for a treasury company. Just remember if they bought Bitcoin back at 10k they still would've been holding at a massive loss shortly after and look what happened next... 👀

Not keen on another raise yet though personally. Would like to see at least another 5X from here first

Goes up, goes down. Hold you'll make money.