As for distribution, the original developer premined ~80 million as can be seen in the block explorer, he or she claimed to have spent it all in exchange bribes & as payment for trollcoin games that are no longer active. Even if he kept it all, that is still a relatively small amount considering the current price, I've given away, mined & even bought WAY more than that over the years. There are several large wallets from back when trl block rewards were 50,000, these could be lost wallets from ppl who gave up on it (i hope so) or just VERY patient dumpers. Not sure how & if further distribution is possible as I'm very reluctant to part with my hard earned stash.
I run a trollcoin distribution on TwitchTV, twitch.tv/trollcoin & have been adjusting the amount given to match block rewards, but should increase it since 2,500 trl is more of an insult than anything, right?
My main focus remains TrollcoinBOT for twitch, it has had several major updates in the past few months alone & is approaching a very stable & secure system. The moneymatch feature will be implemented once it has been deemed bug free & there is a !rain & !goldenshower feature that allows broadcasters to pay viewers manually with a simple command. an auto payout system might be re-implemented in the future. So the basic infrastructure for what you are talking about is already there, getting broadcasters use it is the next step.
I should probably outline a simple "roadmap", but it's just such a damn crypto cliche...
ive lurked here since this thread was started. I just read here most of the time, but I've noticed the steady work that's been put into it and it's funny because trollcoin is more legitimate than some of the other coins out there in terms of promised updates/features. I think if the coin cap was lower there would be pople flocking to this, but I like the high cap it allows for a more fair distribution of coins.t Ju, along with some jajor st looking at some of the alt coin distribution for random coins on bittrex shows how unstable some of these coins really are if the top holder decides to dump at any time. And if we ever see the bitcoin will reach 10k nonsense claims, coins like this one will be the first ones people flock to after missing out on bitcoin. Most alts don't offer anything new anyway so it's not like that hurts this coin. If anything the newness gimmick isn't enough to pump coins to all time highs anymore, at least not while bitcoins price is like this.
I mentioned it last time and was told that the bot was being tested and I also talked about it in arkadeum twitch chat, but a coin like this could very well dominate the twitch field. Not just utilizing the coin for money matches, but having loyal viewers earn coins for watching their favorite streamers. There are some streamers that already utilize their own special currency or point system that allows users to earn points for watching the stream when it goes live etc.... And the streamers then tie these points to giveaways and the like. A similar thing could be done with trollcoin and the great part is trollcoin actually has some monetary value even if it isn't that much. It might encourage users to actively trade or utilize the coin more. Not only that but some streamers' channels are predicated on trolling in the first place.
I know hyper is a game currency that has a twitch channel that allows people to earn for tuning in. The distribution of that coin looks good on trex but I don't buy it. I know there is a big holder somewhere. The coin total is just far too small for someone to not have tried to grab a large amount whenever it was at a low point and coins like these encourage hoarding as if it's gold rather than actually being used as a currency. I know crypto can be divided into decimal points blah blah blah, but nobody wants to spend their dollars to own .02 of a coin while an early adopter has 100k+. It works for bitcoin because it was the first so that's why people are so into it wanting to see where it goes, but I don't think it is good for the longevity of an alt coin.
There might be a similar case here where all of a couple of users hold a massive supply of trollcoin (I have a couple mill myself which really isnt much at all) but I think there's opportunity for better distribution and more encouraged usage with coins that have a higher total cap.
I mentioned it last time and was told that the bot was being tested and I also talked about it in arkadeum twitch chat, but a coin like this could very well dominate the twitch field. Not just utilizing the coin for money matches, but having loyal viewers earn coins for watching their favorite streamers. There are some streamers that already utilize their own special currency or point system that allows users to earn points for watching the stream when it goes live etc.... And the streamers then tie these points to giveaways and the like. A similar thing could be done with trollcoin and the great part is trollcoin actually has some monetary value even if it isn't that much. It might encourage users to actively trade or utilize the coin more. Not only that but some streamers' channels are predicated on trolling in the first place.
I know hyper is a game currency that has a twitch channel that allows people to earn for tuning in. The distribution of that coin looks good on trex but I don't buy it. I know there is a big holder somewhere. The coin total is just far too small for someone to not have tried to grab a large amount whenever it was at a low point and coins like these encourage hoarding as if it's gold rather than actually being used as a currency. I know crypto can be divided into decimal points blah blah blah, but nobody wants to spend their dollars to own .02 of a coin while an early adopter has 100k+. It works for bitcoin because it was the first so that's why people are so into it wanting to see where it goes, but I don't think it is good for the longevity of an alt coin.
There might be a similar case here where all of a couple of users hold a massive supply of trollcoin (I have a couple mill myself which really isnt much at all) but I think there's opportunity for better distribution and more encouraged usage with coins that have a higher total cap.
