This is precisely the problem, you shouldn't have released Globe until you had (1) built in a
described and preferably a
decentralized mechanism for stabilizing the price, (2) described the process for applying for & releasing developer funds, (3) Fund-raised the BTC and LTC stabilization funds
before release. Globe was likely dead at it's half-baked conception. For the stabilization process to work, Globe needs to be exchange traded at release. I suggest you think seriously about re-developing the concept. Perhaps you should integrate Globe with an escrow-backed virtual counterpart issued in colored coins or on the MasterCoin protocolthe latter option would allow for decentralized, rule-based price stabilization see
https://github.com/mastercoin-MSC/spec#escrow-backed-user-currencies.
Hi,
Its very well saying all this but convincing an exchange to accept a coin after launch is difficult enough trying to get one before is borderline impossible. To automate the price stabilization we need the API from an exchange, the APIs are not standard and commands / rules very from exchange to exchange you can see how this leads us to the exchange problem again. Finally, I do am not a coder / hacker and was going to get a bitcoin developer to help de-centralize the system using some of the dev tax. This practical way of embedding the reserves and price stabilization mechanism just came into my mind a couple days ago so for that I apologize. If it came to me before I would have done it before launch. I also don't agree with the notion of releasing a counter-part, Bitcoin is already accepted as the virtual gold why try and copy it ? Thanks for you view non-the less
