Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Cryptonight][Low Supply]Introducing BOLD - Fast, Private and Connfidential
by
texasman86
on 02/07/2018, 22:12:44 UTC
Question for the developers - it looks like boldtoken launched in November and had an ambitious roadmap.

Quote
Nov 2017
Launch
Website Update
HTTPS

Dec 2017
Airdrop
Bounty Program
Stocks.exchange Listing

Jan 2018
BOLD Rewards begin
Bounty Program
Coinmarketcap Listing
Exchange Listing

Feb 2018
Exchange Listing
Begin work on potential e-commerce integration partners

Mar 2018
Quarterly Consolidation
Top Rank on Coinmarketcap

It looks like you did not get on coinmarketcap. There is no "news" on the e-commerce integration partners on the token website. There is no line of sight as to what happened between April through June.

I want to be a believer- so, what makes me think that you will continue to develop and build on Bold CN going forward? It appears that not much was really done by devs except get on exchanges and give away tokens through bounties and airdrops since November 2017. What do you plan on doing?

Indeed there was a hiatus in the period you have highlighted, and the Coinmarketcap target was missed, as was the establishment solid e-commerce partnerships.
This move away from a token to a mineable coin is part of a purposeful effort now to re-address those points. We have had to re-strategize, for example with regards to the Bold rewards program we had (and which you highlighted in your very fair question) - we realized that holders did not seem to be minded to actually trade their tokens, which hampered the growth of the brand. Additionally, the cost (in ETH) to users who were willing to move the token around seemed hamper, in some sense, the planned move towards e-comerce.

The point is - what we are doing now is a dedicated effort to re-align the brand with the original vision, while making deliberate efforts to ensure that users who get involved with the project do so from a collaborative point of view (insofar as they are involved with mining and supporting the network), as opposed to one of receiving airdrops, bounties and rewards only and holding on to them. The target end result is that this builds confidence both from miners, and from those who would rather just trade the coin.

Many thanks for your question.

Great response, thanks for replying and good luck