Post
Topic
Board Altcoin Discussion
Topic OP
Alt coin backers
by
miner2002
on 03/12/2013, 15:34:11 UTC

One of the issues I see with Alt coins is that there are no solid backers (maybe I missed them?) that are backing a coin.  IE We haven't had a major group that is well recognized step up and say "This is a coin supported by X".  I understand the whole idea of coins is that there is no central group controlling it, and people here seem to be against anything main stream, but for coin to get widespread adoption I feel like having some big players for it could propel it to success.  If a well recognized company or individual steps in and says "I see the future for this coin and I'm behind it" I think that would make a big difference.

In addition, I think there needs to be more transparency around WHO exactly is behind the coins creation.  It seems like there's a new coin created with no indication of who specifically created it and is behind it. It's hard to trust a random coin by a random unnamed group of people.  If you had a new coin created and knew exactly who those coins were created by and their background, I think that would make a big difference in the adoption of the coin.

If I'm missing it and there are some alt coins that have a great team (that I can know their name, what their background is, etc) and also some prominent backers please let me know.