Hello devs; as I said on
portuguese thread, the main obstacle of criptocurrencys/tokens is the bubble of users. Imagine how hard will be for a user buy some WiC, first they will have to buy BTC on some exchange(and in some countries it requires docs), after that the user will have to move the BTC to some exchange that trade WiC and after that he will have to his wallet, this is something
HARD for mainstream people and will transform this great idea in a big fail.
My
solution: Some years ago we could add credits on our cell phones with an
code from an card, so you guys can do the same, instead of an code,
you make an paper wallet that user buy on any place(shops, markets, gas station, etc), scan the QR with the wallet or type the private key and, voalá, they got WiC on the wallet without know nothing about criptos.
The main problem now will be the rate, WiC will change his value so an paper wallet of $10 could worth $1, $10 or $100, so
you will need an stable coin instead of another volatile cripto to make it work and for sure a bigger pre-mine to put this paper wallets on the streets. I know that an stable coin will not attract the attention of investors however you can take a look at
MinexCoin project that will have low volatility and a stable growth, maybe you can talk with this devs or found another solution and re-write part of your project.
This project can be giant if you catch mainstream people or it can be just another altcoin that will be dead in a year because you got stuck on the bubble.
The question is: do you want make few bucks with the pre-mine+pump or do you want change the world?
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