Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICOKE] Coca-Cola Coin
by
NILIcoin
on 01/10/2015, 00:07:36 UTC
I've been discussing with Nilli on the zennet IRC channel and there's been a couple points I thought could use some elaboration. I was a bit confused myself as to how a reaction from Coke and Disney would lead to a rise in value of the coins. Most of my confusion was due to me thinking of these coins as if they were any other crypto-currency, rather than as the artwork / collector's items that they really are (see the previous posts by HunterMinerCrafter and Nilli discussing the similarity to WotC/Wizards of the Coast and MtG/Magic the Gathering).  


 < stoopkid> nilli: you've said that in the event that coke/disney react to the coins (which i think is probably very likely to happen depending on how this goes), that the value of the coke/disney coins would rise; could you elaborate on how coke/disney's reaction would cause a rise in value?
< stoopkid> HMC_Alph: maybe you have some thoughts to that as well? Smiley
< HMC_Alph> https://en.wikipedia.org/wiki/Succ%C3%A8s_de_scandale



< nilli> As art controversy is the best thing for it
< nilli> as coins having the buzz  all that matter


And it's really just as simple as that! If the remainder of the coins are burned after distribution is finished, the coins will be collector's items simply due to their scarcity, but in the event that Coke and Disney decide to react against the coins, then the coins will have far more desirability for collectors: from those just looking for more Coke/Disney memorabilia to those looking to have their hands on a piece of one of the great controversies of our time (not to mention that in the event that the coins do rise in value, people would seek to collect them just for that reason).

Btw Nilli thanks for mentioning Tau! Smiley  

stoopkid you just earned 2  Disney coin. been sent too you.

I will paste here my answer in the conversation we had on the tau channel

  nilli: ever since HMC's comment i've been thinking it would be cool if there were actually coins for each card from Magic the Gathering, with # of coins the same as the number of cards in distribution for each different Magic card, and then with Tau we could actually encode the game-play of each card Cheesy

[19:12] first as far as number of coins. it cant be too small since we need to create a community that have vested interest in it
[19:13] if we have too little  we will need very strong players right from the start
[19:14] i'd agree with that
[19:15] If I was a world known artist that sell for millions it could work since the community was there already
[19:15] but I have to built it from scratch  
[19:15] and for that we need more mass
[19:16] we need enough people that will want to invest time and effort in making it work
[19:16] even if the effort is just opening a wallet
[19:17] and making a comment on the thread
[19:18] it looks like not much. but it is for people to actualy go and do it
[19:19] on the other hand that small action will have an effect on this relatively small market
[19:19] absolutely, i've been trying to think of how to get more people to start going on there and participating
[19:21] if we get 8 people to post and make conversation about it, it will be all we need to kick start it
[19:22] I know for fact that altcoin investors look at the hip on the thread more then anything else.
[19:22] i see
[19:22] well, i think 8 should be no problem, the number i had in mind had a few more 0's at the end haha
[19:23] now having so few coins is something they dont know how to handle
[19:23] it is a different game for them
[19:24] so if they see how this game evolve they will give it a try at some point. after all you dont need to buy anything