Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
instacalm
on 12/02/2014, 07:47:47 UTC
DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

Dogecoin is far more popular than Peercoin, it's been pretty much determined to climb up.

It does actually have great advantage: popularity.
Basically Peercoin has no marketing...Nxt cannot suffer the same faith...we have to adopt Dogecoin marketing best practices.




doge needs marketing because it has no substance. we dont need marketing because we do have substance. granted we need to communicate the relevant facts about nxt in a calm and orderly fashion to those who are not aware of those facts. i suppose you could call that marketing. but this is what marketing means to doge, http://www.youtube.com/watch?v=H3oiThw2RxE this we absolutely do not need.

I have to partly disagree here.  Yes, it is not innovative, BUT Doge in itself is a marketing bomb, it has the substance of a protocol that is proven to just work (Litecoin) as well as its popular meme. In fact it has a huge user base, plus attracts new users to cryptocurrencies by the minute due to its "funny" approach.

In my humble opinion, NXT on the other hand is serious, but lacks key parts that hinder its growth. First of all, there is a great barrier for new users to get into it due to the lack of a multi-platform client that can be easily used without having to worry about how to set things up. NXT can go for any marketing effort, as long as it is not straight forward to actually use NXT most of its marketing efforts will go to waste though. It is a truly 2.0 crypto but people understanding that it actually is and using it -- that's another story.