Currently I’m trying to build up a little crypto project limited to my local university in Germany. I’ve launched it just a few days ago and will have a look if there is any demand and if it’s possible to manage it the way I’ve planned it. Increasing the number of people using Crypto is always a good goal and I’m willing to put some effort into it to arouse interest of Newbies for crypto.
The project will not be that big and managed in a decentralized way by several members of the project. I’m planning to pick some valuable members to be admins there and help me managing the group when they have gained my trust. The number of admins will depend on the total number of users, if there is not enough demand, I would be able to manage it with another user which I trust and know from another site.
How will it work? Everyone will be able to join or leave the project whenever he/she wants and spend time how much is available. During examination phases time can be very limited and there will also be a point when my time gets limited due to study work. Everyone how it’s comfortable for them, it’s a voluntary and decentralized project.
The main part will be exactly the thing why many people are scared to take a try for crypto: making mistakes because they don’t know the tech, the details and how to use it. I will present some known topics which are important for Newbies before they start:
- general facts about BTC and crypto like history, what is BTC, how is it working (mining) and which other cryptocurrencies are existing
- list of known beginner mistakes
- possibilities to store crypto safe like sorts of wallets and best exchanges
- risks and opportunities of other crypto investments (ICOs) or better how to avoid getting scammed by them
- additional things like privacy and a short overview of different altcoins
An important point will be to present not much technical stuff at the beginning to avoid confusing new users but some tech for those who are willing to look at it. A short conclusion of how Bitcoin is working (mining should be enough for example). If someone is interested to have more knowledge about tech there will be also interesting things.
Joining the project will be completely without risk, no need to invest existing money, that’s another point to make it beginner-friendly. There are quite a few ways to earn a few BTC without risk and I will list popular opportunities. I’m sure many people are scared of losing money because of the picture drawn of Bitcoin in the media which I deem as an important factor why people don’t trust BTC because they don’t know it.
I’ll also encourage new users in our group to suggest new topics to discuss if they found interesting ones.
The target group is huge – over 40,000 students are member of the university here and I’m very confident to attract some of them joining the project. It will offer a great opportunity to gain knowledge about crypto and as well as owning the first Satoshis. I hope that many of them will be thankful that they get to know about the crypto space and joined – back in 2019
When it’s going fine, it’s also possible to expand our project to other universities but first, I have to see if it works.
Of course, it will be possible to participate anonymous, only requirement will be an e-mail address and a Telegram account because the majority of the project will be managed in our German Telegram group (which is not built yet).
I’m curious how many participants are willing to join, if there is no demand, I’ll discard the project but I don’t hope so. I’ve distributed a few posters and will distribute some more during the following days. Yet, I haven’t received any request, but there are holidays right now.
I think it’s worth a try to encourage other people to do a bit research about BTC and try it. The main reason to stay away is just fear of doing something wrong because they don’t know how to use it yet.
Feel free to post good suggestions or improvements. I'll look how the project is proceeding and make adjustments if necessary.