It baffles me that they think they would attract users with 3 month - 1 year - 5 year growth accounts. If NeuCoin is trying to cater to the "instant gratification generation" how is it expected for kids to keep NeuCoin for 5 years, if they don't even want to keep a picture for more than 5 seconds.
Actually I am unbaffled... it makes complete sense to me. With the pace they are going with, you probably won't be able to use NeuCoin for anything until 3 months from now, and they'll probably just be rolling out with some promised features 5 years from now (if they are still around).
Actually I am unbaffled... it makes complete sense to me. With the pace they are going with, you probably won't be able to use NeuCoin for anything until 3 months from now, and they'll probably just be rolling out with some promised features 5 years from now (if they are still around).
I don't believe that this coin will survive the next 12 months, maybe not even 5 months. I mean, besides fundamental flaws in it's economy and obvious issues with the tech there is another problem: There are competitors with a lot more to show. The Neucoin-Team did all to let it seem big. But it's not the idea and not the development that is big in any way. All arguments are the "big names" and the money backing and big promises without any base.
And, one competitor for example - far ahead:
Maidsafe
http://maidsafe.net
The base-idea is about decentralizing content and also the profit out of the conent --> content creator. That's the opposite to big companies like Google, Facebook etc. who make profit out of the content of us all. I'm not invested in Maidsafe, but in some way there will be something like that in the future. (And Neucoin, even if it would be a really professionell project is already obsolete, because it would like to be a centralized company which is obvious in the financial structure.)
THE NEXT GENERATION SHARING ECONOMY
http://blog.maidsafe.net/2015/10/05/advertising-privacy-and-a-libre-internet/
They have high plans, and I don't know if they'll realize it or others, but tipping is also one of many possible functions:
Quote
In this context, content creators could be a: blogger, journalist, artist, film maker, musicians, application developers, even end users with a social network account and a video camera. As my colleague Paige Peterson pointed out in an earlier post, the advent of crypto currencies like safecoin, with their almost zero transaction fees, enable almost instant micro payments and donations to take place.
Bloggers could be paid or tipped by users as their posts are read and enjoyed. News websites could function in the same way, or they could charge a subscription for providing well researched and useful information. Potentially, artists and film makers (this also includes those sharing funny home clips on YouTube) could make use of the SAFE Network’s optional watermarking system to ensure that they are rewarded as the originator of content and continue to be rewarded as snippets of their song or film are built upon and used by or aggregated by others. Digitally recording the content creators (through an anonymous ID) of each piece of work will enable the network to manage and pay out rewards without human intervention and without corruption.
http://maidsafe.net/press
Bloggers could be paid or tipped by users as their posts are read and enjoyed. News websites could function in the same way, or they could charge a subscription for providing well researched and useful information. Potentially, artists and film makers (this also includes those sharing funny home clips on YouTube) could make use of the SAFE Network’s optional watermarking system to ensure that they are rewarded as the originator of content and continue to be rewarded as snippets of their song or film are built upon and used by or aggregated by others. Digitally recording the content creators (through an anonymous ID) of each piece of work will enable the network to manage and pay out rewards without human intervention and without corruption.
http://maidsafe.net/press
There are also ideas about: Games on maidsafe infrastructure
https://forum.safenetwork.io/t/games-on-maidsafe-infrastructure/209
Or... another example:
Synereo:
Quote
Who is Synereo?
Synereo has completely distributed server software running on a user’s local machine that is capable of creating an Internet network without relying on any central entity. On it, Synereo is developing a fully decentralized and distributed, next-gen social platform. Synereo’s mission is to provide a global solution for decentralized communications and content distribution, also allowing applications to tap into its decentralized social graph. Synereo’s smart contract mechanism and attention economy principles provide content creators with unparalleled benefits, facilitating content distribution and monetization devoid of middlemen. Learn more at Synereo.com.
http://blog.factom.org/post/116727809969/synereo-factom-announce-partnership
http://www.synereo.com
Synereo has completely distributed server software running on a user’s local machine that is capable of creating an Internet network without relying on any central entity. On it, Synereo is developing a fully decentralized and distributed, next-gen social platform. Synereo’s mission is to provide a global solution for decentralized communications and content distribution, also allowing applications to tap into its decentralized social graph. Synereo’s smart contract mechanism and attention economy principles provide content creators with unparalleled benefits, facilitating content distribution and monetization devoid of middlemen. Learn more at Synereo.com.
http://blog.factom.org/post/116727809969/synereo-factom-announce-partnership
http://www.synereo.com
They partnered with factom which I mentioned in an earlier post.
I don't mention those projects to make PR for it. But if we compare those projects, and there are a lot more of that kind (the biggest one is most likely Ethereum which could be anything), we see philosophy and passion and highly skilled Developers. They also have big names behind it (first of all factom) and money backing. What do we see in Neucoin? Nothing (but greed)... it's just a copy-cat-headline without anything behind it. They're talking about easy-to-use but that's just an argument to build an awful QT to bind peoples money into the growth-accounts. They talk about "non-profit" and "transparency" but with every move they show the opposite.
And I think, those who bought into it should think about it. There is nothing new in Neucoin, nothing which could be called innovative. Just some weird strategies to get peoples money. And it obviously doesn't work out, which is a very positive sign. ;-)
Yep, Neucoin was never about solving anyone's problem or creating value, its just opportunism. Kind of like Direct Revenue.
Enjoy the millions you've "earned", Dan. It doesn't look like the world wants to give you any more.
