Very nice idea.
The recharge card concept kinda like prepaid card recharge for phone credit.
Yeah the stabilisation of WiC value is the main problem.
Hey, thanks for your suggestion.
As for the difficulty of getting WiC, yes this is an issue with all crypto currencies and your suggestion of using some kind of a recharge card is a good one except it will require a lot of investment to actually make it available in enough stores on the street to make a difference. We will consider this but it won't be immediate. Also, you would be happy to know that
WiC will be available for purchase with USD from day 1 on Cryptodao.com.
As for the volatility, we could keep
blank recharge cards in stores which at the time of purchase, customers can add a custom value to it. This would work just like a normal gift card which does not have a fixed value and the customer can purchase any amount he/she likes. Also, it is very unlikely that code can make a coin stable since volatility is due to demand and supply but we will still look for options. To completely eliminate volatility you need something like USDT.
The
main aim of the project is mass adoption of the crypto technology and WiC in particular. There is huge potential in this idea and we are in this for the long run. Also, to answer your question, we are not keeping any premine and a major portion of it is being used to drive adoption by distributing it to the app users. Also, it might interest you to know that it will be much much more profitable for us if the app becomes popular and hence our interests are aligned.
Let me know if you have further questions. Really appreciate suggestions from the community
Thanks for the reply!
Again, I have my doubts, today user will buy 300 WiC for $10 and tomorrow it will worth $1, $10 or $100.. Mainstream users aren't buying WiC to profit(neither all cripto users), they just want to buy internet access for a day.
Yeap, I was looking for pre-mine that devs will keep and found nothing, sounds good. However I believe that there's no way to do a project like that without an stable coin, USDT is something related to USD and the value will not grow(and it will have no investors), however you have other options, like Labour Hours(LH) from ChronoBank that will be stable and have a continious grow or Minexcoin that will be stable and grow 33% a year based on Top10 marketcaps, LH are tokens and Minex are a PoW currency.
Some questions: On what country do you will start?
Since the users will not have internet access to enter on exchanges, those servers will allow the user to enter in this exchanges? They will allow you to access your (lite)wallet* in "offline" mode? It will be an web wallet(like blockchain.info for btc) that could be used without credits?
*lite wallet because they will not need to download all blockchain to do the transfers.
It has been over 8 years since Genesis block of Bitcoin. We all know what bitcoin si capable of and is not much until Bitcoin will be on mainstream.
So i don't belive that using Bitcoin to Buy WiC is dificult or it will be in future. When some1 need something, learning to do it is not hard.
WiC project is a good ideea and i belive it can be huge in next couple of years. Hard work need to be done.
Nowadays Bitcoin is nothing, some people in the world have more money
in the pocket than the BTC marketcap, daily volume is a joke compared to others markets, and a LOT of people think BTC isn't secure or is just an ponzi scheme. BTC will never become mainstream.
Blockchain will be mainstream when people don't need to know what's the tech behind the project, like the recard cards, they will buy offline for UD or other fiat and will import it to the app, they will not need to now that the app is an "wallet" or that the coins will have to be confirmed by another users or how blockchain works. Mainstream users need something chewed to swallow.
