I am currently in the works of a software tool that will help you make more informed decisions with buying cryptocurrency with a wide range of tools.
It will also help you organize tokens much simpler.
It is centralized, it is a service in which you can for time to use it.
My question:
Should I turn it into a cryptocurrency and hold an ico?
This means people can buy and sell the token and than in exchange use that token for time
Should it be a subscription model?
Where people pay $100 a month to use.
My thoughts:
ICO:
Making it in token form the price per month would change every month if people are buying it month to month it could negatively affect them.
Large amount of funding and much more publicity could act as a catalyze for the project. Could explode in support and help with funding early on.
Not decentralized and isn't using block chain technology. Doesn't fit in with many other ico's and cryptocurrencies.
People will feel more emotionally attached if they believe it could make them money with coin price rising so support would be much higher.
Subscription:
Easier to keep track of and automatically pay each month.
Ps. I know it's vague but I'm not ready to publicize all the tools and ideas yet. Sorry about that.
Please comment down your thoughts on the pro's and cons