Quote from: IDrankThePotion on August 08, 2017, 02:01:25 AM

Quote from: vegasguy on August 06, 2017, 11:06:14 PM

Guys I want to structure XDEII more towards our "Massive marketing machine", while still keeping the coin very rare. I had a thpough I would like some feedback on....

I want most of the money earned from XDEII to come from the rewards for promotions. I think what Im saying is this...

Lower the POS rate to 10%, then create rewards at higher % rates for "Loyal XDEII" promoters. So for example, its the same names that have been promoting XDEII every week. They keep the same wallet address every week. Their wallet address will stake at say 30% while everyone else stakes at 10%, until they have promoted for 6 months non stop. Its a way of rewarding the most loyal XDEII supporters, and encourage others to follow this pattern. This keeps the coin VERY rare, while rewarding those who support it the most. PLease give feedback on this.

Vegas

Its a tricky one. One one hand you want to reward the promoters but at the same time you may very well inadvertently restrict new blood from investing with confidence. The coin supply is low and inflation is in check but we can all see there is little interest in buying in right now.
I myself hold a nice chunk but I do not have time (or interest if I am completely honest) in spamming the internet to increase my holdings. I would dare say that my thoughts are not mine alone on this.
Most people are immune to a wave of advertising, its like seeing a commercial on TV that does nothing but annoy you with its constant airtime. It can be self defeating if the same message is broadcast to the same audience ad nauseam.

Having said all that, I do respect this coin for having some purpose. Most others simply do not. I just think we should consider that the system in place to reward promoters as well as the golden eagles wallet may actually be doing more harm than good if it goes even further to ensure that only a select few wallets will actually become productive in this coin.
The rewards are generous if one wishes to spend time promoting heavily but at the same time, if it discourages entry into the coin unless you do so, it may need a rethink.
Just my two cents.

Thanks for taking the time for some good feedback. The norm in crypto is to reward all users equally. If we want to grow, we MUST stand out. If we want buy pressure, we must create a reason to buy and hold XDE2. I believe crypto needs an "elite exclusive coin" , that is multi faceted. XDE2 has everything it takes and more. Its rare, its gorgeous, its exotic. I believe to add value to a coin, is not just the technology, but the creative minds behind the coin. The idea that I have structured will strongly favor those that support XDE2 the most, while not barring others to join or hurt those that do not join the promotions. Its all choice. Other than XDE2, Crypto does not have a true rare and exotic coin that everyone is proud to hold. As fas as the massive marketing machine, it does work. I am in talks with another dev to hire us already next month. The great thing with this model is it rewards by participation. So the way to REALLY get XDE2 coins is by getting involved with the coin. I think once we find our price in the market, XDE2 will start to generate volume. We need to continue to slowly lower the price until it starts to move, that is the real price of XDE2, what people actually pay for it.

Vegas