Post
Topic
Board Announcements (Altcoins)
Re: [ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI
by
geekeh
on 08/10/2014, 09:33:14 UTC
So couple of thoughts and ideas, first of all why has still no one made a faucet, do they just not work for raising awareness any more? I've said I'd be glad to do it myself if someone can point me at some plug and play code, the closest I fund still required editing source code to change the coin and compiling and that's a bit beyond my technical skill unfortunately. At least not without a lot of reading. The referral program could be a good idea, but I think a faucet makes sense too. the referral program is intended to get people interested in investing and holding (of course we really need to be showing steady growth for that to happen) but from the other like of attack if we gave a million people half a root each then most of them would just want to turn it into something spendable, but that would boost trade volume and more importantly we'd have a million people all sending messages to bitstamp, kraken, cryptsy, btc-e etc all asking them why they can't sell their rootcoin.

launching on a new exchange is just the pickup we need to get the coin unstuck from the mud, to bring in new people who haven't gotten jaded from the waiting and delays.

Another thought I had is why not release an option (not mandatory) or an ad-supported wallet which pays a higher interest rate, the 3% for staking would still be the same, but say 80% of the ad revenue is paid in root to people using the wallet, the rest towards fund for bounties and marketing and the like. I realise ads won't mean much if there's no reason to look at the wallet but if you throw in a couple of other generic useful functions like an exchange ticker, and I don't know, other people can probably come up with suggestions. Not that I think Bitsta should be taking his attention off BitKey to do this but if we have someone else on the team who could make basic modifications to the wallet.

We all need to pull together and work together to make this coin the revolution we all know it can be.