.. Devcoin the first (and only? if not only, the top one) to design a coin not motivated chiefly by investment/spending value. It has a very different value system that all of the coins, bitcoin included, which is this emphasis on valuing open source creations. Creative action for the benefit of everyone measures much better IRL than by any metric like fiat currency. This coin will be useful even no matter its USD value.
Once the overall bear market reverses, Devcoin's unique flavor makes it stick even more as we we have 150+ coins nowadays.
Once the overall bear market reverses, Devcoin's unique flavor makes it stick even more as we we have 150+ coins nowadays.
The coin may stick for the financial types, but having watched the value dip slowly downward this past month while writing my fingers off I can tell you with some assurance that a lot of the "artists" will disappear if this keeps up ...
Creative action requires a patron - when that patron turns out their pockets the artist flees. I know Devtome has been through this cycling before, fewer artists equaling more shares for the remaining ones - it just seems an odd way to run a ship.
But I guess that's high finance for ya'.
