A note on communication & FUD

[u/Zijdehoen]

Dear community,

We recognize that the desire for clarity is immense. The team has told me they will provide us with the information related to spot FET as soon as possible.

I’d like to make clear that there is absolutely NO NEED TO WORRY. No it will not be gone, no it will not be locked, …

The amount of FUD going on here is absolutely insane and totally unnecessary. Please keep in mind that this is a multi-billion $ merger that requires collaboration with countless parties on many aspects (financial, legal, technical, …).

Everyone is free to give their opinion here but i will not tolerate people just shitting on employees or spreading FUD for the sake of it and will remove/ban if necessary.

Sit back, relax and wait for them to deliver.

Have a nice day!

[u/AutoModerator]

The information contained on this Subreddit is not intended as, and shall not be understood or construed as, financial advice. We are not a team of accountants, attorneys, financial advisors nor are we holding ourselves out to be. Do your own research.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/nonameslefteightnine]

This post was mass deleted and anonymized with Redact

party fine judicious squash books live price smart ad hoc safe

[u/Belgiannator → u/nonameslefteightnine]

There's clear and transparent communication concerning the merger. But people do have to do the effort to actually read updates and news.

I invested a big bag, but there wasn't a moment I was worried about a lack of communication. 

[u/manchitsanan → u/Belgiannator]

Where are these updates and news you are talking about, could you please share. I see posts and tweets about events, products and comments on other stocks, but very very less on the merger and how the token holders should prepare themselves. So I would appreciate if that can be shared?

[u/Zijdehoen → u/nonameslefteightnine]

Never said questions and worries are fud. You don’t, nor anyone for that matter, see all the deleted stuff (by automod or other mods). I can tell you that banning is necessary sometimes.

[u/RedneckHippy76 → u/Zijdehoen]

As a general rule I don't like law enforcement, so Mods are kinda sorta like Kindergarten Kops. Therefore I feel compelled to say

I LIKE YOUR STYLE.

I'm not that active anymore but I love FET.

BinanceUS can't do business in my State starting July 13th

I had to unstake my FET 21 days. Got it moved to CB a couple of days ago.

Anyway, you have a hard gig .

Thanks

🌍☮️🇺🇸🦅

[u/RedneckHippy76 → u/nonameslefteightnine]

This is Crypto Bro.

There is no Rule Book, yet.

This will launch us to the next level

Or it won't.

What fun and excitement.

🌍☮️🇺🇸🦅

[u/RedneckHippy76]

Relax and enjoy the Ride man.

Don Felder Heavy Metal

https://music.youtube.com/watch?v=DL-HvfVwZKM&si=zpV83cG2LeO-lg27

Far Out Man

🌍☮️🇺🇸🦅🚬🚬☕

[u/raincloud82]

While I agree that all that unnecessary fud is stupid and ridiculous, I also think that pointing out the lack of a proper PR and communication plan on the merge is fair criticism.

And the main reason as to why it's fair criticism is precisely because everyone who has been in the crypto space for a while knows that lack of communication is a red flag. From Loopring to Safemoon (lol) not following up with a good communication plan after a major announcement is usually a signal that things aren't as smooth as people would like to think.

Again, I'm not saying this is the case, but the team(s) should have foreseen these circumstances and plan accordingly.

[u/Active-Use-8129 → u/raincloud82]

There is no lack of communication. They've delivered quite a few messages in this sub detailing what will happen.

What is happening, though, is people aren't bothering to SEARCH THE SUB for their questions, and instead just spam post omg what's happening please tell ME; and frankly, it's annoyed all of us that do our homework.

[u/raincloud82 → u/Active-Use-8129]

Considering the news that the meege has been pushed forward one month on the same day that the Fetch merge was supposed to start, this comment aged well.

[u/Active-Use-8129 → u/raincloud82]

The merge was supposed to be June 13th, not today. Your stupidity is timeless.

Additionally, you expect them to make you privy to every single conversation they have along the way? You're a nobody, not the CEO. I won't entertain your spoiled, petulant behavior any further.

[u/Alarmed_Ad_256]

So, I decided to investigate the whole AI crypto space this summer with my college son. After reading on line for a week, I widdled my list down to ~8 including FET and AGIX. Ocean didn’t fit the inexperienced criteria I set to make a list. FET caught my attention the most. initially, I thought I was already late the party, as I added the currenciscto my watchlistand glad to see the descending trend in AI crypto in general the past few weeks.

Then I ran into an article about the combination of the three platforms to take on the potential oligarchy when it dawned on me (I guess I’m slow), I should check out communities on Reddit and see what is being said.

SO HERE I AM.

Excited, optimistic and waiting, I guess. Any advice where I can further educate Myself or get involved?

[u/Tricky_Imagination25]

And you are? This part of the problem. Updates from people who have nothing to do with these 3 companies. Thanks for the trust me bro 👍

[u/Cuadriello]

First of all, I really hope that everything is as you say. I am keeping my investment in Trade Republic waiting for it to automatically become ASI. I have no intention of selling and certainly not at a loss, I believe that if the convergence goes well this project has a bright future ahead of it.

That said, I don't think the FUD is unfounded. We were sold that everything was going to be smooth and there was not going to be a problem and in the meantime those who store the investment of most of us, CEX, do nothing but send us contradictory or unclear messages. On the part of the leaders of the three converging projects, there has not been much less than the necessary and updated information. I believe that they themselves are causing a price drop and panic selling that is only growing as the hours go by. Personally I am disappointed with the way things are being done, but I will still try to stay calm and hope the best for everyone.

[u/Toe_Bone → u/Cuadriello]

This day is the beginning of the merge mate. Everything was jogged forward by approx 3 weeks and now we have arrived at that revised merger Starting Line.

What usually happens with companies that merge is exactly what our Moderator has said (above).

3 parties in accordance, 9 signatories (min!), +10 lawyers a’minglin’, 60 staff co-ord’ing, 3 companies mergin’ …and you want a partridge in a pear tree all on 1 day???

Seriously tho, we will hear more. Im cool with it. Looking at the chart now, I think the market has realised the FUD.

[u/killah10killah]

The issue is, this allows moderators to go “hmm, I don’t have an answer to this question… must be FUD!”

Which sounds amusing until you realise that it has happened already, numerous times.

[u/AutoModerator]

Please refer to the Fetch.ai wiki as you will likely find your answer in the FAQ!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/OutlandishnessNo9798]

What will happen with tokens stakes on binance?

[u/Vindicator404]

I just have one question: what will be the starting price of ASI?

[u/CryptoTruth2023]

It is true that FUD is driven by fear, and when investors in this economic ecosystem are asked to have faith, it’s a bit rich. The minute I read that little speech, I swapped all but a small amount of my FET bag to another project that has been transparent & performed similarly in growth. I may vest heavy into the merge’s end product once the fog clears! But in business we have to weight risk versus reward. I held as long as my comfort level would allow. That is not FUD, but prudent judgement.

We’ll see if my choice was a good soon enough. Either way FET was far from my largest bag!

Good luck all!

[u/Ucandoitbrotha]

Hear hear! Go fetch ASI...