Astar, Startale Labs, Soneium and the state of our ecosystem

Astar
45

I understand your sentiment, but I think the only way to boost ASTR at present is to use Soneium as a springboard. in the context of Polkadot, Wasm, and dApp Staking, it was difficult to create a trend even if the strategy was focused only on Astar, which is what we have now.

I think the current better strategy is to establish ASTR’s position on Soneium like ACS and then lead to Astar Evolution 2.

However, everyone is concerned because we do not know what Astar Evolution 2 will be. This is understandable, but it is out of our control as far as confidentiality is concerned, with the Astar Foundation and Startale taking the lead.

If this is the case, then just as Etherealize was set up separately from the Ethereum Foundation in Ethereum, a separate organization should be set up in Astar to create a DAO that can take a strategy focused on the Astar Network. The question is what to do with personnel and funds…

In any case, I don’t think the current strategy itself is wrong.

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46

My opinion is slightly different.
I believe it has already been concluded that ASTR cannot survive on its own as a public chain.

Despite independently conducting marketing and business development in DOT/L1 and ETH/ZK L2, ASTR failed to attract promising DApps or accumulate sufficient TVL, ultimately lacking competitiveness as a public chain. As a result, ZK was migrated to SONY’s L2, with user acquisition entrusted to SONY, while ASTR took a supporting role.

Because of this, the core team seems to be advocating for aligning ASTR with SONIUM.
However, to be more precise, isn’t the key to ask SONY to absorb ASTR into SONIUM, rather than just aligning with it?

Unfortunately, there is no competitive reason to maintain ASTR as a public chain. If SONY requires an L1, then ASTR should proactively abandon its public nature and transition into SONY’s private L1. Even if it does not become a private L1, it is crucial to explore ways for $ASTR to be rebranded or exchanged for $SONY and integrated into SONIUM.

I strongly support the model proposed by SOTA, where SONIUM tokens and ASTR tokens would be exchanged at a 1:1 ratio.

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47

Thanks for the reply, only you and @pitcoin777 are active here lately. It is very frustrating to see that a year ago this place was populated by people who intended to create a serious community, and today everyone is silent, starting from members of the core team.
It is something I feel like saying and expressing, with this attitude you can only depress the community.

Having said that I agree exactly with everything written by @TAKUMAYU
Once again, no one can think that the price is the only fundamental thing of a highly technological project. But you cannot totally abandon every little discussion on this, abandon the idea of ​​creating a real governance and leave tokenomic as it is.

Astar and Soneium were born from great sacrifices both of the people who invested and of the foundation that did a huge job. The current state of things however is not good, we need to reward the people who believed in Sota, not with stupid airdrops, which have no real value, or that bring value only to those who have done certain actions on soneium. These people need to be rewarded.
Being in all time low after having produced so much means that people have lost faith in the value of $astr as an asset. If you don’t define it and use it only and exclusively to provide liquidity, I’m sorry but we have already seen that it does not bring benefits on the price side.
Honestly after the release of soneium we all expected astar to be recognized and to be stable in the top 100 with a capitalization of at least 4-5 times the current one, you can’t predict the market of course, but the team must also work from that point of view.

Sony speech, it is clear that Soneium is Astar, the final product is the result of all the work and sacrifices described before.
I have always welcomed the association with Sony, who wouldn’t? It would be stupid otherwise, but now we have given everything, both the technology and the liquidity with ACS. It’s time for sony to guarantee us value, they have received a lot with a ridiculous investment to date, so Takumayu speech is absolutely valid.

It’s one of the possibilities, for me it could also be possible to continue as it is, but giving the possibility of being used as a single asset, starting from the gas used on soneium. If eth is used it is because astr is not recognized, so something must be done. Furthermore, we must use Layer 1 at its best, starting from governance, there is nothing better than polkadot. Merging sony and Polkadot could bring people who have DEFINITIVELY abandoned us to date, and who are still part of polkadot as OG, to return to being interested in our project. I can’t say how, but something must be done.

I confidently await the responses of others and especially of those who have more power and information here, we deserve to be convinced to invest in this project, and not ignored as is happening now.

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48

Sorry but I also add that ASTAR EVOLUTION 2 must absolutely be announced as soon as possible and all points must be explained correctly, without personal interpretations. I have seen things said several times that then did not happen, for example Sota in 2023-24 made several announcements of announcements, remaining cryptic, but people understood something completely different from what happened.
I hope that there are important news speculatively speaking on the token side, burn, buy back or things like that and that all the points disputed above are clarified.
I also hope that there is a balance between technology and economic interest in supporting the project, marketing campaigns should be based on both things and not just on web3 for millions of people, that is the final goal, which requires time BUT ALSO A COMMUNITY NOT DEPRESSED AND SUPPORTIVE.

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49

Well… Last week, the Astar team and StartaleGroup gathered in Fukuoka for an in-depth strategy session on Astar’s future. Key topics included the utility of the ASTR token, strategies and milestones for 2025, and Astar Value Management. A standout focus was the Astar Contribution Score (ACS), which introduces strategic incentives to strengthen community participation. With Soneium on the rise and the upcoming transition to Astar 2.0, I am totally confident the team is aligning to define the ecosystem’s future, laying a solid foundation for the continued growth of ASTR.

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50

great info, nice mate

51

Is that all?
is the answer to our questions the sharing of a private event that we are not allowed to know anything about? Astar has been in a downtrend for 1 year, with a very high loss of investors, is there anyone who takes responsibility for this? Is it possible to know what was said in the meeting? Will there be a serious marketing action and will the investors be rewarded? or did Sota and the foundation ask to be funded by issuing a token and then forget about us all? I still don’t see serious answers here, and especially from those who really have to answer.
Why didn’t the same people who are at that event think about safeguarding the value of the token first and for 2 years they just speculated on the name of sony, then after 2 years they only gave liquidity to soneium and a technology almost for free? How is it possible to remind yourself of this problem only now?
We all have ideas, some are paid to share these ideas, for example with all due respect but the positivity expressed by some people is something not credible for this very reason. Only those who have been burned by this project can understand what I and a few others have been writing for weeks, some people for months…maybe others can answer about it? Someone from the core team? Personally, after years I expected a capitalization of at least 4-5 times the current one to at least have the courage to continue to believe in a profit, but currently what can I base my confidence on if the price of the token is 3 cents of a dollar?
Now it is not possible to give negative answers to people like me, even saying that my thinking is wrong.
With this trend, serious answers must be given and trust must be regained. Nothing else. So, when will this information be shared?

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52

GM, You search for news online and you don’t find it, you go to x and you see nothing but disapproval, you gather the courage to write on the forum, and no one answers you, let me understand one thing: Is there a team that takes care of the community and communication? Is it possible that the only interaction I need to receive is the sharing of an event?

Is there anyone here besides @pitcoin777 and @you425 ?

I’m getting really annoyed, with all good intentions I’m trying to understand and ask for information, where is the main team? why doesn’t it answer? Is it possible that after weeks I and others have not received answers yet? Are there other people who share my thoughts here? make your voice heard!

I’m going back to work, I’ve already realized that no one cares about my investment in this project anymore. I’ll have to explain to my wife why I went to trust Sota and other people who have no respect rather than holding my bitcoins. It will be difficult to do so.

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53

But there are many who think like you, every day I wait for answers that don’t arrive, except in a vague way, or with unfounded enthusiasm… I think we deserve answers on what the future holds for us, I’ve seen that many important figures have been hired… there are two reasons: - or these figures were missing before, that’s bad, because they are important figures who cannot be missing -or the ones that were there before were removed to make room for the new ones, because the previous ones worked badly…, this is also serious but at least we have 1 reason for the performance of astr in the last 14 months… you have asked so many questions, each of these needs to receive answers, the right as an investor to be aware of the intentions regarding astar… the partnership with Sony cannot and must NOT be a justification for not informing investors on what the next developments will be to get out of this stalemate.

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54

this. or price was not 0.03 cent after 4 years of development and big partnership. So they fail, and actually all that remains is to pay people to have minimal interactions. Look at X for example, sota was much more appreciated years ago than today, there were many more interactions, look at the Astar Network page. Before there were hundreds of likes and shares, today it is not like that.
Before arriving at this consideration I wrote several times, and you too, but as you can see they have not responded.

Astar has been falling for months, and they have vaguely told us three possibilities for the token and an event we know nothing about.
In the meantime for them if you astar holder lose confidence you are a person who has no intuition for investments.
If instead you have confidence and wait for good news, when you ask for it, you are simply ignored.
They have squandered money in an incredible way with dappstaking.
They have granted the best technology for free to Sony without receiving practically anything in return, indeed they have granted further liquidity (which is clearly discounted on the price of the token, the data speaks clearly) and in the meantime we also have to suffer the scoldings and lessons of those who have nothing to lose and who write positive things only because they are paid to do so. Like @EMANUCT96 who bans me, @FedeC87 and others long time holders in the Italian group or who continues to write nonsense sentences about mass adoption adding the usual emoji of the :dvd: under every post of Sota on x.
Go back to being serious people please, we are tired of all this.

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55

again, I’m sure I didn’t ban you since I didn’t ban anyone from the Italian community. if i had banned you, rest assured that i would have also told you the reason

56

the reason why someone was banned from a Telegram group is completely irrelevant… there are other questions, and many, that deserve clear answers.. we have the official forum to express our opinions, ask questions… but above all, hopefully, receive comprehensive and well-founded answers from those who make decisions, or from those who think they know the answers… the telegram group is a limited place, with many users but only a few who actively write, it is clear that if the policy is to ban those who ask questions like those mentioned, it remains a superficial container, made up of yes Man without the slightest contradiction… but it doesn’t matter, the forum is where the real owners reside, those who have the project… of course, we must in no way guarantee that doubts and uncertainties are ignored here too…

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59

All of our decisions and strategies are for maximizing our benefits to win in 2-3 years. If you don’t get it, simply make your proposals and do your activities. I am happy to properly fund you if necessary. Simply complaining like this and against all that we do doesn’t help me at all or even demotivate people here. We need executors and we don’t need haters. Also, when you point out pinpoint prices in the last 4 years, pointing only to the current price is unfair and doesn’t make sense at all. I am 120% confident that our direction is correct and this is the way for us to survive post Astar Evolution 2. Again, if you don’t get it, do and execute and show me your outcome.

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62

@Forstar based on your recent replies, I would like you to understand the code of engagement of this forum: Astar Collective - Rules of Engagement

You can see this reply as first warning.
Thanks for understanding

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63

Sorry @Maarten , I didn’t understand what rules I broke. I feel like I was compliant and above all I didn’t say things that weren’t true. I’m sorry to see this way of doing things. I see that lately it is being adopted more and more often. I think I have the right to express my opinion. I also think that your personal opinion on the matter is due, I would like to read it. The fact that Sota is confident in what he does doesn’t mean that I can’t ask as a holder and investor to do something about the price. It seems logical to me that people are here asking for transparency and more action on the tokenomic side since we are in all time low. Saying sell, or that the price, or that the only thing you have to do is keep your tokens because one day they will go up, as Sota says, is not unfair and incorrect.
I expect a different action, you think I’m here to do FUD or who knows what, I have a lot of astars and my only interest is not to see the project die.

Having a great partner behind you is a plus that the foundation has not exploited to date. Do we agree on this? The holders have not benefited from this on an economic level and I am very sorry that this aspect is not taken into consideration at all, I think it is an aspect that contributes at least 50% to a project. I consider everything done on a technical level to be of a high level and I think that astar has unique characteristics.
Only today it is not attractive to the market. The trading volumes speak for themselves.
Furthermore, after months since this post was opened, we all still have not understood what the relationship between astar and sony is. The market has not appreciated it, what can we base our hope on instead? on the current state or is there something else? The Astr token to date has no real utility other than that of lending liquidity to the soneium ecosystem, can you please share something about astar evolution 2?

Thinking about the speculative state of the project, which is not everything, but is equally important, I think 2 things, either this project will not be profitable or a few people, who have information that the masses do not have today will benefit from this.
In my opinion, defining this as rewarding for those who believed in it is not correct, because the current state and the information in our possession are not enough to put the blame on us holders.

I understand that you have to work, but what does it cost you to share something and give greater hope to those who have supported your work financially for years? Thank you.

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64

We have been actively shared updates related to what we are working on and our upcoming plans. We have more in the pipeline that will be coming out in the next weeks/months after everything is finalized.

Just as side note, Astar Foundation has never sold any token/asset to retail investors to financially support our work. Runway used by Astar Foundation is coming from our VC rounds and other sources, not from retail investors.

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65

I would like to express my full agreement with what Mr. Forstar has said. I do not understand what wrongdoing he could have committed, and I believe it is unjust to criticize him solely based on the closed-minded opinions of the this team stakeholders.

Quite frankly, when I look at the official team’s Twitter, It appears they only praise one another among themselves.. It almost feels as though we are witnessing events that might occur in a heavily censored environment. From an objective standpoint, it seems clear that most holders are not pleased with the current situation.

Therefore, in order to safeguard and enhance ASTA’s value, I respectfully request the team to consider the following actions:

  1. Offer a clearer explanation to the market regarding ASTA’s relationship with Sony.
  2. Publicly announce a specific schedule for Phase 2.0. (Sharing a detailed roadmap is highly important.)
  3. Evaluate market reactions more objectively. Please distance yourselves from the praise of those around you and maintain a clear perspective.
  4. Alongside ACS, please prepare and plan other initiatives. ACS appears to be moving forward well on its own, so creating additional projects can help generate excitement.
  5. Make greater use of SONY’s IP to expand the utility of ASTR. While the team refers to ASTR as the core asset of Soneium, the market does not currently share that view.
  6. Clarifying the Long-Term Vision and Goals
    Rather than focusing solely on short-term price fluctuations, please continually emphasize what kind of ecosystem you intend to build and the value you aim to create through ASTA’s collaboration with Sony.
    The clearer and more detailed your vision and roadmap, the more the market will trust in the project’s true value.
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66

Thanks, I hope that what I wrote is taken positively, I would be very disappointed to see a closed attitude, we all want the best for Astar here.

Then I hope that other people take an interest in the project and post their ideas and opinions as you did. When only one person writes, unfortunately, I understand that many times it is seen badly.
We have become a collective after all, haven’t we?

I had the same feeling as you about interactions, and in fact that’s what I wrote above. Investors are not stupid, this thing is damaging the reputation of the project in my opinion. You can’t trust an investor when a small group of people is the only one to interact, I hope this thing changes both at a marketing level and also for governance.

I understand that many things take time, but now we have to act, the fact of creating these discussions when the price reaches its lowest point is a mistake that we should all take charge of. As someone said above, I cannot compare astar as an altcoin to any other altcoin in terms of performance just because the market is negative, otherwise I would not have chosen astar. If I chose astar there are fundamentals that have not been emphasized to date.
I agree with everything else and the points raised by @heung

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67

After 6 days this discussion continues to be ignored. The answers to many questions like what @heung write, have not been given, and they are all generic. The price is not considered, we are in all time low and no action has been taken. 0.0317 $ today.
I’m sorry but words must be followed by actions, the attitudes continue to be wrong, the interactions on the posts that the new intern is creating are all terrible.
I wonder why all this. Respect is lacking from the top unfortunately.
I accept the loss of 90% of my capital and wait, I can’t do anything else, I started writing to move something but apparently this doesn’t matter to anyone. Those who knew easily speculated on this project, and now maybe they’re also scolding those who have held on to their investment with confidence until now.

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68

Good Morning Maarten , can you give an answer? I invest in astar and my wallet it’s going to 0.
it’s been exactly 2 months since there have been any official communications from the token management side.
Everyone is seeing how you are behaving with us holders and what your answers are. You answered me by saying that you have never sold tokens, I never wrote it.
All you have to answer is this? It is not a correct way to conduct a business that initially starts with the investment of us small holders, the market may be negative but astar has lost market capitalization in a year to be worth nothing today!
You and Sota cannot only talk about development.. If there had been a minimum effort to carry forward the utility of this token and increase the market interest in it, I would have understood. But you do not answer, you do not accept discussions, you do not work for a fair tokenomic, and above all the market has now understood that ASTR has nothing to do with SONEIUM.
This post will be labeled by you as fud, as breaking the rules of behavior and you will ban me. By now we understand how you act, but I am really disheartened by your behavior.
Everyone has read your answers here and everyone is reading what you are currently doing on Astar. You cannot think that this project can have a value in 2-3 years just because you hope that the market will rise, I invested in Astar for other fundamentals and in a situation where the team was actively working on it. Today there is no intention of working on the tokenomic side, and there is no intention of creating a community, there is only Soneium for you, which has not had a positive impact, indeed, since it exists the price of Astar has collapsed miserably.
I wonder if it is your management’s fault, or if everyone is so ignorant that they do not understand the great plan behind it.
The market is never “bad” as you say, the market is meritocratic.
What do you intend to do besides ignore all of us? you still have not answered. If you don’t want to do anything, let us holders know. Thanks.

@Marroz @heung @TAKUMAYU @AstarBull @FedeC87

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