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.
Over 1 year
Did you not see the value in having people at the trade show? That costs money.
Who do you think attends trade shows? It's people and organizations that use Bitcoin, not a foundation of Bitcoin itself. If we
develop usable API's, Features, Marketplace, etc.. then Nxt will be used by more people and implemented into more technologies/companies. The only marketing we should be considering using the 10Mil Nxt is to give 100,000 people 100Nxt, that would be far more effective than spending on marketing campaigns.
Marketing is the antithesis of crypto credibility, developers will think Nxt is some cheesy marketing ploy, not a legit crypto currency. I'm sure you work in marketing, because of your enthusiasm, but as someone who has been a part of many startups to IPO's (the biggest out there), marketing is best spread through your user base.