think most here would agree that the technological achievements of Darkcoin are FAR AHEAD of the coin's marketing. I think most will also agree with LimLims that such activity needs a dedicated professional person.
I therefore propose the following - from the next fork, X% of the masternodes proceeds will go into a dedicated multi-sig wallet that will pay a salary to a dedicated full-time professional marketing person.
Hopefully, in time, the price of darkcoin will go up, this fund will be able to employ more than one person, and thus also pay the developers, webmaster, etc.
imho, the time has come to become less bootstrap and more professional.
I love this idea! But I'd like to expand on it, I think it would be better to go into the bounty fund and that fund would be much more generic. For example, we just needed an icon designed, now we need a website, color scheme, etc. As the price grows, the size of things we need to get done grows just as much. Next we'll need to setup a foundation, retain an attorney to help with legal matters, etc.
I propose 1/10 of the masternode payments go toward a bounty fund for generic uses.
- At current market prices this will be $184.03 per day (259 DRK)
If the price goes to $5, that will be $1296 per day, which should be enough for a full marketing budget, the foundation, a retained lawyer and maybe on office for the foundation?
I think it's a bad idea. If bitcoin had implemented something like this, siphoning off a % of mining profits and putting it into some fund to pay salaries it would have never taken off. It just comes off as super scammy to most people I suspect. I'm fine donating to a pool to get some of these things done, but I don't think it should be built into the coin. Besides sounding shady, it would create constant sell pressure and I think a lot of people would abandon ship. I'm a little worried just talking about this will tank the price (like the airdrop talk did).
Disagree. The key to a coin having the features required to respond to market innovations, facilitate easy mass consumer adoption, and most importantly protect its users and retailers with a safe platform in which to buy and sell goods is to run the coin like a non-profit corporation. You can't ask 1 or two guys to manage and maintain the payment system forever and just like any startup, there comes a time when the coin will benefit from basic paid representation, development, and marketing. The key would be to make it lean and cost efficient similar to a condo association. You don't want corruption to come into play because a person could stand to profit as the fee totals grew along with the coin. I think an amount similar to 1/50th of the the masternode fees could be enough however and you would want the fee percentage to reduce if the coin grows in value and thus becomes more established on its own. At $5, 1/50th of the fees would still amount to $3,900/mo. At $15 you could have the fee move to 1/100th of the masternode fees and that would still be $5,850/mo or $70,200/year.
One of the early important projects would be to hire or pay bounties for a BTC38 exchange listing along with a Mandarin language based road show and marketing plan. Without an organization to fund these projects then the payment burden should really be on those miners who mined this coin the first day as they are the ones who, from a fairness perspective, should be funding all the early 1st year development of this coin.
The discussion in the last pages about the foundation is very interesting.
There was a vote, deal with it.