Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SFR] SaffronCoin | SFRDirect | Orion: Decentralized Cross-Crypto Mail
by
IMJim
on 14/08/2014, 00:04:40 UTC
As I said before Saffroncoin needs a hook. With the amount of coins on the market most will be failures including many good coins. Having a good coin does not ensure success. Saffroncoin has a very good development team so far and a great wallet, but it will take more.

Many people who buy altcoins are looking for an investment. People are not going to spend their money on features unless they bring a return on investment. There is a differnce between gambling and investing.

Saffroncoin needs to take a leap of faith and go for broke with the intention to make the coin a DAC of some sort. This way the coin will be seen as an investment instrument. I think immediate emphasis should be on development sidechain assets that can be purchased and traded as shares and currencies. Each being convertable and divisible with Saffroncoin.

There are many coins and most will fail including some very good ones. I think that the natural evolution will be DAC's with the coin holders also being shareholders in something of value.

All this is being said not withstanding the roadmap which is good in my opinion. This in no way meant to slight talent of the dev team. This is business.




I don't think anyone including the devs will take what you said negative at all.  Sounds like you are offering some sound and thoughtful suggestions to help, not hurt.

Feel kinda ignorant asking this but can you explain more of what you mean in "making the coin a DAC of some sort"?  I am curious and just interested to better understand what you are suggesting.