Question from the DNotes board on InvestorHub:
"How does one go about making an investment? I have a friend that says a very small group of individuals around the world are getting involved and recently had quite a pow wow."
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NOTE: This is getting to be a very popular question - Do we have an easy to understand, standardized answer anywhere that I have forgotten about?
Thanks Chase! That is a good point as well. We should have an end to end article outlining the process to make it very clear.
I know my first suggestion regarding teaching people how to buy DNotes was focused on a future where you had an exchange, but I think the solution is even more important currently because more steps are involved.
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With this in mind I would suggest a highly structured introduction with a focus on not wasting the customer's time. We've seen software 'wizards' used for more than a decade to step people through a complex process. This wizard should not stop at the investment point, but go all the way through to a withdrawal.
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Then, once this has been developed, set up in a public space, hire a stall in the shopping centre, and pay some people $5 to invest $5 in DNotes. Watch over their shoulder and note down all of their question and complaints. Re-build your wizard based on what you learn and do it all again.
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I would recommend that this wizard include hyperlinks not just to the exchanges, but to elements with in them, so that the user could click on '
create account with Coinbase' and then once they have done that while referring to the marked-up screenshots in the wizard, go back to their wizard and click on the next link, '
buy $5 worth of Bitcoin on Coinbase'. So they never feel like you've left them in the woods in some other website.
I like the wizard idea. Thinking through a little more, perhaps a document linear list of tasks, with a link to individual walkthroughs (or expanded). The walkthroughs could be wizards or videos or just instructions and screen shots. This will allow them to see the whole process while getting more details only about the ones they need help with.