Quote from: KryptKoin on December 10, 2014, 08:28:52 PM

Moving Forward

I have 2 options with regards to further development, adding new coins and Kryptly owned products:

1.) Using an asset exchange to offer an IPO/ITO to help fund further development, marketing and Kryptly owned products by hiring help to create the products. Plus the costs for hosting for any coins that need an API, in which case we setup a online wallet/API to allow Kryptly integration.

2.) Or offering a voting system to allow altcoins to make donations (in their own currency) to get their coin added as a payment option. Part of donations would cover hosting for online wallet/API.

I'd like KTK holders and anyone else to give their input before making a final decision. The ITO option is currently my preferred choice to speed up development and hiring would be a big help moving the service forward.

In the event of an ITO, an asset would be setup and 39.6% profit share offered. It also allows for easy pay of dividends and also trading of the asset. Plus Kryptly/share holders decide which coins get added. If coins do not already have an API available, a online wallet can be setup that includes an API to integrate with Kryptly.

I would say why not running both option 1 and 2 at the same time? they seem to be orthogonal issues, as long as I can get what you mean with option 1 from the details you provided. the goal is to be more flexible in terms of accepted donations than www.coinpayments.net/ and I believe option 2 fits that perfectly. On the other hand, we need a quality marketing for KTK for yesterday, if we don't want all your development efforts to go in vane. That is why we need to have a solid amount of funds to get quality marketing. And that is option 1.