A response to Rumor


  • administrators

    The Asch project began in early 2016 and has been operating successfully in China. For the last year, we’ve focused our attention on product development and the Chinese market. Before the China Supervisory Policy, we had over 8 exchanges trading the ASCH token (XAS), and we had more than 200 million CNY volume per day on jubi exchange (more than NEO). Unfortunately, because of policy changes, all the Chinese exchanges closed. This reminded us of the importance of the global market. So we decided to focus attention to promote Asch to the west.

    We really appreciate our community members. We thank them for their tireless work. As you can see, the overseas channels have been established in the shortest time (slack, btt, telegram, twitter. facebook, kaokaotalk, reddit etc). We have established a community foundation to promote Asch worldwide.

    As for the western exchanges, trading is available on the bit-z/chaoex/coinegg/coolcoin/asdbi. More exchanges will hopefully be coming soon.

    Someone made a post under the username niceguyanon331 on reddit. It was very positive of Asch and was well received from the community. Afterwards, he was very aggressive towards our community leaders in demanding an award. When we offered him a reward, he rejected it and responded with profanity and threats. We don’t expect our leaders to put up with abuse so we discontinued contact with him. We are still willing to give the him the award and another Asch community leader has reached out to him.

    The guy followed through on his threats to try to destroy the reputation of Asch with a vague post on reddit in an attempt to scare Asch token holders. We removed the post, banned him from reddit, and have responded to others who were wondering about his comments. We appreciate dialogue, but we will not allow our members to be disrespected and threatened. We want a community everyone can enjoy.

    Asch values its words. Please check our reward history on our forum:bbs.asch.so. to see rewards given out to the community. It is important to us that people are rewarded for their hard work.

    Asch is delegated POS. Please read the whitepaper and other official documents for more information.

    Asch is pegged to have a small amount of inflation each year. This is consistent with many other coins and government backed currencies.

    Here is the block reward chart:
    0_1509033236976_浮躁.png
    The total amount of xas will reach 200 million between the forty-sixth and forty-seventh year.
    In the 100th year, the total amount of xas will be up to 278 million.

    Asch has a solid team of developers. Please check the active github. We will be providing detailed information on the team in our upcoming website relaunch.

    We appreciate you wanting to get the truth. We hope our official response speaks to your concerns. We are excited at the recent growth in the Asch community, and hope you will continue to be a part of the community going forward.



  • @guibotong said in A response to Rumor:

    Asch has a solid team of developers. Please check the active github. We will be providing detailed information on the team in our upcoming website relaunch.

    tnx for this great piece! I also suggest to re-write the white paper slightly (add the info above for example on the economics, aslo is there some staking reward?), also pls add a road map to your website and links to succesfull developed dApps. Keep up the good work, cheers!



  • good!!!!!



  • Guys just let me know why aren't we on YOBIT? https://yobit.net/en/addcoin/



  • very good!!!!!!



  • @nial said in A response to Rumor:

    If they were only talking in a common way about how great their project is, what they are aiming through it and what are the milestones to achieve their goals, it will speak far more loud than trying to scream at the exchanges gates.

    :clap_tone2:



  • When vitalik speaks everyone listen because he knows what he is talking about. He doesn't pretend. I know Asch technology is very good so they don't have to pretend being a good project and acting like they really want to know everyone about them. The fact is they don't know how to communicate about their project so it doesn't reflect how good their technology and project are. If they were only talking in a common way about how great their project is, what they are aiming through it and what are the milestones to achieve their goals, it will speak far more loud than trying to scream at the exchanges gates.
    Vitalik can put really flashy or vintage tshirt and don't take a bath for weeks, that will never matter if everyone around wan to listen what he is speaking as what he is saying is interesting everyone.



  • @nial Agree 100%, but I believe sometimes the value of something isn't just on how bad they are on something while trying to do all by theirselves, I mean, your point is very valid, but I believe what should make XAS special is its tech. Remember, the two most important crypto are led by an unknown guy and vitalik. Have you seen him? I don't know if it screams professionalism.



  • gorazeal got a point. You should not beg other exchanges like you made in this tweet : https://twitter.com/AschPlatform/status/923525574529654785
    It seems like you are not taking yourself in a serious way, trying to get in touch with other exchanges via their twitter like this. Even putting kucoin account in the same way than all others exchanges despite the fact you are already accepted in Kucoin. Seems like a children who didn't expect to be accepted by Kucoin and is now so happy that he can knock at everyone door without any manners.

    When i contacted Kucoin few days ago to promote Asch token it was with a very professional way. I find it harsh to see you acting like this when i put much effort to present yourself as a very serious project and that the only thing you replied to my topic about Kucoin was complaining about their price being too high. You better take care of the image you are showing to the world, exchanges but also your community and investors. Asch legacy is just at his beginning and now you have to behave in a professional way and be careful with your communication. Everyone is looking at you so don't lose the trust and the good image all have about you now that you got your momentum in the west.



  • I don't care about rumors and kids who cry for reward but let's be honest about Asch marketing. IT REALLY SUCKS. Show me one youtube video which Asch created(not community) and show me really good graphics. Why we are not listed in worldcoinindex.com? Why we are not even in yobit when it's so easy to go there and many people use yobit exchange? You can make great blockchain project with great devs but come on if we won't sell this project we will be out of game. Why can't you hire real people to marketing, to run social media? I appreciate work of community for rewards but come on people, come on, it should be pro.. You don't promote sunday school for kids but big project and rivals are big. I hope Asch will be great and I don't give up but I hope also some things will change soon for better. I hope you won't get me wrong. It's just my point of view.



  • Perfect reply that was needed after all this mess by this angry person. For my part, if you want to give me a reward for bringing Kucoin on the table few days ago (http://bbs.asch.so/topic/1255/just-submitted-asch-in-kucoin-exchange) , be sure i will not refuse it ;)



  • An honest team brings confidence to investors. I hope you guys keep going with the good work! Don't let negative users affect our community.



  • 有心了,,,一如既往的亲民,,,支持一下


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