Quote from: buybitcoinscanada on January 28, 2014, 12:31:32 AM

Quote from: msin on January 28, 2014, 12:24:18 AM

Quote from: jl777 on January 28, 2014, 12:13:06 AM

To the whales out there, I have a question.
If the community voted to spend 10 million NXT in community fund on marketing, how would that affect you:

A) Positively, would buy more
B) Neutrally, no change
C) Negatively, would sell part of all of NXT

Any other comments from the "whale" perspective about NXT marketing spending would be appreciated. If you are thinking this way, then odds are that other potential whales are thinking the same way too.

James

I would be absolutely appalled if we spend 10Mil Nxt on marketing, that is utterly ridiculous.

We have a lot to talk about and present to the world right now as MUCH work has been done and there hasn't been a major advertising effort yet. Okay, so doing some big things now is good. Show all the hard work that's been done. But then, just have enough to keep the stream of information flowing so people who want it can follow on developments. When another or several major milestones are reached, we can have another big marketing effort. The point now is really to build community, meaning dev's and others who can actually help continue to build the foundation and the structure upon it. People with skills and ideas. Price rise is going to be an effect of the advertising, but with out the community building its just a temporary and superficial effect. Blasting away a bunch of money to get all up in peoples face just isn't the right way to do it.

This is EXACTLY why I recommended we try to recruit people with our LTB spots. Marketing is indirect. Get the high quality people on board the NXT team. How many more jean-luc's are out there who will go into the etherium or other projects because they didn't know enough about NXT.

My guess is that a lot of people only know the anti-NXT propaganda. So they wouldn't even consider researching NXT, let along joining the NXT team.

We need to market this community. That is what sold me on NXT's future.

How can we get more and more quality people without a continual effort (money) spent in marketing. Trade shows cost money. Free rasberrys to influential people costs money. Marketing costs money.

WE are in a competitive situation

James