Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
darteous
on 08/08/2015, 17:40:49 UTC
I'm sure I posted my reasons for believing in the coin at some point, but I guess it's lost in all the posts by this point so I'll reiterate as it has been awhile.

My two main points of interest in this coin are for one,

it's being started up like a business, they're not reaching out for people to work for free due to faith. Which means things are moving and will continue to do so. Many coins have slow starts or die halfway through. That won't be an issue here. The team is being compensated and are working hard on the project. And they have initial backing and the successful presale to push interest. Paying big companies to use Neucoin sounds great, right now the crypto world is sitting around waiting for people to pick up crypto of their own volition but many companies are content with their 3% ish and up fees going through banks and they see crypto is a risk. They need a bit more incentive. It will start off with games apps and the like that the money value isn't as critical. Once it's stable it can move out further. And it has the networking in place to do so.

Second is the freemium. Anyone who can get an account is going to be handed about 25 cents for free and told this will help you buy music or get rid of ads or for games. The first platform will come by the end of the year to my understanding. It's an untouched niche with so much potential. With a proven distribution style.

Another thing is how archaic our current financial system is, the conditions are ripe for a coin to take over in the next few years as countries are bubbling due to the stupidity of our systems exponentially expanding debt. BTC creator ditched, I haven't heard of too much innovation from the chairs of BTC. And with the heightening costs of mining it will become overly centralized with time.

In an ideal world anything great could start completely decentralized, but our current global system isn't advanced enough for that yet. We need to have the centralized foundation the first few years to launch it. In the grand scheme of things 5 years isn't that long, but in crypto it is pretty long and thus enough time to make sure it doesn't sink.

The other moderators and I don't have anymore information than you, so though I do agree more information would be nice, it will come with time. The beta should have most of the information people want. The launch should give us most of the rest.

@Riz The first month will be strictly presale coins and PoW coins. I reconfirmed it a bit ago.