i dont think thats a good idea... i mean you are thinking in western standards...but what about the the people that dont hawe this standarts ?? 100 dollar in some countrys is like a lifetime to earn wile in others you can earn it in 1 hour ..so dont think its a good plan to go this way... i mean what kind of people should use kore ?? all or just some ??
btw... can anybody explain me the diverence kore to vpncoin ?? if there is no diverence kore should start to get some development because vnpcoin is 4 real ahead
Yes $100 seems like a lot and that is in USD so may have a different ability for other countries who are impoverished. But these impoverished people do not get to use the service for free just because they can't afford it. So the market will determine who has $100/$50/$25 to buy coin with and who doesn't just won't use the service. The fee isn't set $100 is a good starting point though.
The $100 is a lifetime of use. It also Stakes to make calls so you make money when calling, 25% or (X%) goes to Kore to pay for the service. If no one can afford the $100 then no one buys the coin and it stagnates, but at least it is there for those who can afford to use it. If you just make it free then it may go away by default if anyone could download the wallet and call for free. The coin has no real meaning at that point.
To combine the best of both worlds though charge a fee for those who do not want to buy the $100 worth of coin and then allow the people who bought the $100 worth of coin to Stake and make those Fees. That way you can casually use the service for a fee that goes to the entire network.
I like the idea and suggested it myself, of pegging the amount of Kore coins relative to BTC in some way. IF KORE/BTC goes up substantially they can sell some of that Kore for a profit.
IF KORE/BTC goes down they may have to add Kore to keep the VoIP Functional.
We can always change that amount as time goes on or do away with it when Kore is more stable.
The Gateway calls can be paid for in BTC and used to fund it and the Kore Team Projects.
This seems to be one way it could work well for the Coin and Community.
Yep, but I don't think it should change later. I think if you implement the minimum Coin Value Stake to Make calls and a Call per minute type scenario for a fee it drives buying and that also supports the selling of the Staking which Kore gets 25% and makes that more lucrative rather than just have money funneled through to BTC and pay the developers. Support in Market Cap is more important in the long run. Essentially the buying of the coin to make calls with shows Investor class adoption. This also allows investors to be paid for their investment even if the coin doesn't go up in price, they get their money back over time. People who don't want to invest and just use the coin pay the Fee and the investors get a portion if Staking.
It really grows exponentially from there since at that point the coin could be worth more than the fee and fractions can be used to pay with. Now the Staking percentages can also be set up as a Cost Structure instead of an Inflationary view. If you consider that Market Cap may exceed the base of cost for a lower level of service, you will need to then scale to meet the demand. This would have to be setup intrinsically within the Staking percentage. Everyone would agree to a higher percentage since they know it must grow at a higher rate than most coins who just value based on trade. Kore has services and must meet any financial aspects as any normal corporation would be required to. Yet still be decentralized. It is a very tight rope to walk.