Quote from: Abcdefghijklmnzzz on Today at 03:31:42 PM

Quote from: paramind22 on May 31, 2021, 07:19:22 PM

Let's have an airdrop to keep this coin alive. I will give 5000 cap to anyone who has a new wallet and can show me at least 10000 coin balance.

Offer good for first five people. Others can donate more of course.

https://freiexchange.com/market/CAP/BTC

https://github.com/bottlecaps-foundation/bottlecaps

That's a generous offer, but the coins are so heavily concentrated in so few wallets, 87% of the coins in 50 wallets. that it's basically a premined coin held by a few people at this point, there isn't reason for new people to get involved unless the coin changes dramatically in a way that
a) fixes distribution and
b) provides some usefulness.

Distribution could be slightly fixed by changing emission so that the current coin supply becomes a small part of the coin supply. If a billion coins were emitted per week then it would be a little viable.

There are about 1 billion CAP now

http://cap.altcoinwarz.com/

but only 62 million of the version that was forked

https://chainz.cryptoid.info/caps/

So that would have to be explained too. A lot of smaller coins were 51% attacked in alt winter and if somebody took advantage of the slow season to mint hundreds of millions of coins under the table when it was easy to do that then it has to be identified and fixed.

A cryptoid explorer would help identify where those coins came from. I have probably less than $1 or so of CAP at this point so, not going to spring for a cryptoid which costs about usd $85.

Regarding b) usefulness.
There was a time when any useless coin could be pumped easily, but now you need a crooked celebrity like Elon Musk to herd retards for a pump. They won't jump into worthless coins unless there is a smiling celebrity with big tits or a con man who has a billion dollars.

In order to make the coin useful you have to come up with something new, or which at least appears new, and useful, but if you can think of a new and useful idea you might as well start a new coin and milk it til the big crash, like Vitalik.

The fork was a reverse split with lower emission. There hasn't been any exploit.

And there is nothing wrong the the current distribution. With minimal trading and just a few people still minting it's obvious that the coin supply get more concentrated as time passes. If someone wanted to buy 10% of the network it wouldn't cost much.

shtako

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