Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CosmosCR [$CYBR] 🌌Virtual reality world, NFT's, Data solution#blockchain
by
king_of_alts
on 11/02/2019, 12:21:57 UTC
What exactly has the Team prepared so far to start the development of a chain? I hope it is a wise decision and brings a lot of fruit to the project and we, investors

Well creating a simple POW chain can take less than a week, but we are now talking about all options with our lawyers. We might even have a different approach.

But one thing is for sure, we wont do an ICO or STO.

I don't see many options if you're not going for the ICO/STO route. An airdrop? It's really bad and I don't like it, mainly because people just want to sell their free coins, making them useless

Yes, an airdrop isn't really ideal either. People should have to do something for their tokens. Otherwise, they will just dump and move on. So either mining or maybe something like the Deep Onion signature campaign? However, I'd prefer a distribution over POW mining.

Deeponion is a case that worked before. And as far as i know, no project tried to copy that method which is interesting i must say.

Yeah that airdrop method of DeepOnion was surprisingly effective  but they have to think also of other ways to attract supporters / people into the project. By the way, Bitsend also did that kind of airdrop before DeepOnion did which is also an effective one. Smiley

It was effective becaue the airdrops were worth something during the bull run. that caused more and more people to join the airdrop and it was good marketing. These days it is more difficult imo.