Last week, ICON announced a major change to IISS (ICON Incentive Scoring System), and provided details about the upcoming P-Rep pre-voting period. In this post, we’ll discuss the changes to IISS, as well as what kind of ICX rewards ICONists can expect to see during the pre-voting period in August.
Substratum is not in a good place right now, and investors of the SUB token are arguably in an even worse place. The SubstratumNode V1 is slated to be released in ~8 weeks – at least according to the projection from the company’s most recent “show and tell”. The community sentiment is that the release of V1 will somehow usher in a new era of prosperity for both the Substratum team and investors’ -99.9% ROI bags of SUB tokens. This unreasonably optimistic thought process is flawed, and outright dumb.
Let’s look at the facts.
Following up on a post from last week, it appears Substratum has completely removed the team page from its website – it now resolves to a 404 error. Substratum has also removed its whitepaper from the website, leaving only the technical paper available for download. In response to questions surrounding this sudden development, Substratum CIO Abram Cookson posted the following explanation on Telegram.
Brad Edward Wolfe (707bwolf):
Btw the original reddit post is by William McKenzie who is a known white nationalist neo-nazi based out of an Aryan nation chapter in Kentucky and he actually got this article from Brian Li who is a known pedophile that had a baby with an underage girl in Japan but apparently 13 year old girls are legal in Japan.
In this Reddit comment, Brad Edward Wolfe, a California-based bagholder of SUB and former Substratum Telegram admin, once again demonstrates why the Substratum community is often thought of as one of the worst in the industry. In response to factual information about Substratum removing the team page from its website (an exceedingly stupid decision from CIO Abram Cookson), Wolfe resorted to personal attacks against me and William.
Let’s debunk Wolfe’s claims.
ICONLOOP has appointed James Kim, the Chairman and CEO of AMCHAM Korea (The American Chamber of Commerce in Korea), as its first company advisor. ICONLOOP has found many ways of incorporating its technology into various industries in Korea and has grown rapidly to encompass approximately 160 employees within three years since its establishment in May 2016. ICONLOOP is making an all-out effort to become a more mature IT company this year as it marks the start of the blockchain’s full-fledged market entry.
Historically, ICONLOOP and ICON have maintained a conservative strategy when it comes to onboarding advisors. When advisory appointments do happen, it’s always significant in nature, and this case is no exception.