Today I have been thinking about Diamondcoins success and I have came up with a thing or two. First of all Diamondcoin needs to feel like a real treasure and it's name and the graphics in use are already doing a good job, but there is more to be done, like two factor auth. Furthermore it needs an instant use for it's supporters.
Now we have some Diamondcoins sitting in our wallets and they generate a few coins within an uncertain amount of time and that is totally fine, but actually I can not buy many real things and the need to trade them with others is really low. In my opinion this should change, because a relativly small number of people stacking up their wallets will not help Diamondcoin to succeed and it is boring.
My idea is quite simple, we should create subsets of diamond coins, let's call them "fancy diamond coins" and each of them still has a value of 1 DMD. Let's say there are 256 different fancy diamond coins. All DMDs created by PoW are normal, but as soon as they beginn to mint, they become a fancy diamond coin with a certain color and shape. Now we would need some kind of trade channel in the Diamond Wallet, where people could trade their randomly generated fancy DMDs with the goal to collect all different kinds of them, to form a "full set of diamonds" which could lead to all kinds of benefits, like slightly higher gains in PoS, lower fees in PoW pools and of course, great reputation in the community.
Thanks stillontop for your suggestions.
We have actually debated this already, to create an in wallet trading platform for special coloured diamonds, but this idea was quickly defeated. As shveicar put it, quite emotionally I must admit, that would feel gimmicky.
As to your first idea, I agree that we need more services accepting Diamond. Problem is, this won’t happen any time soon. Part of the solution it is to be included in payment processors or create our own VeriBit like DMD BTC pairing that would allow for direct purchases in ever shop that accepts Bitcoin. This would put sell pressure on Diamond but at the same time create usability.
Keep thinking