Post
Topic
Board Altcoin Discussion
Re: I'm Tech-Impaired But in Charge of Spearheading Development of an Altcoin
by
ignitiondefect
on 08/01/2016, 21:15:13 UTC
You don't have enough scale to drive a crypto currency.


That is true at the moment because the app has not been released or promoted yet, so we have 0 scale. However, in the event that the app takes off, I think our concept could be a great way to introduce people to the world of cryptocurrency.

Currency or other units of value can be used to purchase things as you say. But they can also be held as an investment, particularly if you have reason to believe they could increase in value (as might be the case where coins are indirectly linked to rapid stock appreciation foristance).

If we are sucessful in aquiring the millions of downloads we envision, and we incorporate the coin into our app in a compelling way, I think community interest with spring out of that, particulary if the value of the coin is linked to the success of the app.

Thank you for responding:)