Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
Matt Y
on 19/06/2014, 22:46:28 UTC
Everyone that wants the price of XCP to go up is just waiting for the betting feature of Counterparty to be more widely adopted. That will be the main price driver for XCP.

The adoption of the Counterparty protocol and adoption of betting related businesses which use the Counterparty protocol are two different things and while they both affect the price of XCP, one is clearly more focused and directly related to a rapid increase in the price of XCP.

While Counterparty does do marketing and business development (quite a bit actually...), businesses like xbet.io, my soon-to-come site, and other sites that come later, are all going to market their businesses and Counterparty will benefit from that exposure. In return, those new businesses will benefit from Counterparty's previous marketing efforts and the earlier success of the pioneers in this space like Digital Tangible Trust, Swarm, and so on.

This time period is a very early slice of what will become a full and active Counterparty ecosystem where the promotion of various businesses and the promotion of the Counterparty Protocol has a synergistic effect for both the protocol and new businesses that enter the Counterparty ecosystem.

It's important that as a community, we support various businesses on Counterparty that add value to the ecosystem as well as Counterparty The Protocol. The success of Counterparty based businesses is an important step to the ultimate success of Counterparty, however, the success of Counterparty based businesses cannot be lumped in with the promotion and success of Counterparty The Protocol. Buy some gold, bet on some football, support an artist coin, get in there and mix it up.





Announcement:

I no longer volunteer full-time with Counterparty, although I will still help out informally whenever I can.

My experience at Counterparty was fantastic. I learned a lot and was able to have a positive impact on a project that created the future of finance. Very cool.

My shift in focus will allow me to spend more time on my Counterparty-powered startup which will have an official announcement shortly.