Adam has incredible marketing pull. Whether or not you like his methods is another debate in itself. His road to where he is today is littered with negativity, but lets not forget those were in his days of youth, and as such you should look at some of the very positive aspects of his life that he has brought to crypto.
A-lot of Adam's marketing techniques are based on 'self-fulfilling prophecies'. A claim is made, usually some what unrealistic, causes some hype and speculation and in turn, causes the community to buy into this claim, resulting in the claim actually becoming true.
Not particularly hard to see or understand, and definitely not the only person to do this. Infact, every coin that has made any hot air claims have all hoped to reach the same effect. re ETHEREUM for a big example.
In VIRAL's case, they're hoping to stimulate an eco-system through viral marketing ad's. Companies buy ad space in the viral 'network' which as it stands is the wallet. If enough people buy VIRAL, there stand's a good enough reason for companies to buy these ad's. Then, through buying coins with -some- of the advertising sales, and burning them, the effect should be more value to the coin and residual buy support.
The issue of course lies in it's based on the first step happening which is the wider market and crypto community as a whole buying into it, and giving a reason for the advertisements to be run. A circular argument, and in a way very clever eco-system. Any eco-system really is a similar setup with money exchanging hands, and circular dependency.
Hi and thanks for your thoughtful comment.
The only thing i would take issue with it the statement that the network is "the wallet". Actually there are three progressively larger circles in the Viral network. Only the core network - the innermost circle, if you will - is required to have a wallet. This for staking, building Verified status, etc.
Moving outwards, the next largest set of nodes is the subnodes organized by Verified members. They will not be required to have Viral wallets, but they will function as nodes in the network. Finally there are the satellite nodes - browser based nodes that can be established with no connection to Verified nodes, and with no requirement to have a Viral wallet. The barrier to entry for being a satellite node will be the lowest of all, so these will eventually make up the largest percentage of nodes in the Viral network.
Of course subnode participants and satellite nodes are welcome - and incentivized - to download a Viral wallet and begin staking and cashing in on the value appreciation of Viral. But this is not a requirement.
thanks
ViralDev