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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6285. (Read 9724017 times)

legendary
Activity: 966
Merit: 1000
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 have no interest in funding marketing zombies, thanks.
legendary
Activity: 1176
Merit: 1036
Dash Developer
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?

sr. member
Activity: 291
Merit: 250
 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.
sr. member
Activity: 1204
Merit: 272
1xbit.com
Just wanted to say: I'm confident in Darkcoin's future. It's still a new coin (3 months old!), and it takes time to build a team and get over the learning curve. I'm sure the other big coins struggled with similar things early on. Keep in mind that marketing isn't everything. The stability of DRK's price says a lot -- it's kicking ass, maybe too much! Rapid growth is its own challenge. The darkcoin team will need to scale quickly to accommodate this growth. I trust Evan & co will be on top of things, and I am of course holding on to my stash of DRK. Smiley
hero member
Activity: 784
Merit: 1005
Quote
He's already seen these thought-out response from AlexGR and others. But he never responds, disappears, repeat.

1. there is not 1 logical answer to decreasing the number of coins.

2. I always respond quoting.

3. when I respond I am a troll if I dont respond you say I dissappear.

4. I am not a troll, I am one of the top darkcoin miners and highly worried about darkcoins unfair distribution.


1. There is, and you would know about it if you read the whole thread:

At some point we saw that the coin was going to drive a lot of miners and that GPU miners would move diff way up, and reward quickly down to something around 5. Evan then found a solution, for diff higher than 75 (I think it was 75, I might be wrong here) use a different formula, a formula that would allow a higher reward (that would also decrease slowly with the increase of hash in the network), so that later miners would still find the coin attractive and profitable (see? this dev is trying his best to make the coin as fair as possible). Once that formula was added soon GPU miners started to join, and at some point there was no way for diff to be low enough to use the previous formula, so it was removed.

Then some people did the calculations with the newer formula, it looked like with the high difficulty (and the halving every year or so), the original 88M wasn't going to be reached ever, but instead something around 22M. In fact, I guess if diff is as high as it's now, or higher we will never see the 22M, not even after 100 years (I haven't done the calculations, just a guess).



So to make it simple, the cutting to 22M was because the original 88M was not going to happen. Different way to put it, if you don't like reading 22M as a cap, replace it by 88M in your mind, it won't matter, we will all be dead before there are 22M DRKs mined, put it in your mind, this coin is rare, 88M or 22M total cap, you won't see more than 7M by the end of the year (if that many), and then it will halve, what means less than 11M by the end of 2015, halve again ... so expect less than 15M total coins by the end of 2020, and that's being optimistic, if diff goes a bit up expect much less. THIS COIN IS RARE.



Next time you say something about the coin, please, read the whole thread first.
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
the amount of times it has been traced back that the US government is slipping money to people they shouldn't be, Muslim brotherhood for example, it wouldn't surprise me if they found completely anonymous money useful, you never know.
hero member
Activity: 756
Merit: 500
Also you are fighting against governments and centralbanks with cryptos, especially with anonymos transactions.
It´s the same thing like it is with precious metal. Price of gold is surpressed over years.

You think governments and politicians (let's face it, the largest criminal group by several orders of magnitude) wouldn't also like to keep their finances private? Think about it.

They don´t need it because the have things we don´t have. Insider informations.
Thats worth more in FIAT money than anything else.
legendary
Activity: 966
Merit: 1000
Also you are fighting against governments and centralbanks with cryptos, especially with anonymos transactions.
It´s the same thing like it is with precious metal. Price of gold is surpressed over years.

You think governments and politicians (let's face it, the largest criminal group by several orders of magnitude) wouldn't also like to keep their finances private? Think about it.
full member
Activity: 219
Merit: 100
We absolutely need someone or a small group to handle public relations/ marketing. We are in a highly competitive domain and will be going open source soon. Cryptocurrencies are a very new field which in many people's minds are a joke. We should have these things prepared while we are waiting.

Evan please delegate some of these aspects out. PR. Design. Marketing.
hero member
Activity: 756
Merit: 500
Maybe people are concerernd if Darksend will work in the end.
That could also be a reason of low DRK price.

Also you are fighting against governments and centralbanks with cryptos, especially with anonymos transactions.
It´s the same thing like it is with precious metal. Price of gold is surpressed over years.
legendary
Activity: 966
Merit: 1000
I've got an investor that wants to buy about £5k - £10k GBP of DRK.

He has never done crypto before, but I know him from consumer financial services. I'm having lunch with him today.

PM please anyone that is interested.

This is the kind of thing we need - investors care about the fundamentals, they don't give a shit about "super secure X11 hashing algo!" or what colour the logo is.

Is it secure? Yes
Is it private? Yes
Is it useful, in demand, and thus likely to rise in price? Yes.

Sold.

Hopefully your investor friend will get talking to his investor buddies.
legendary
Activity: 966
Merit: 1000
I'm uneasy about this "marketing" stuff. I just equate the word "marketing" with "bullshit."

Here's all the marketing you need:

DarkCoin - Security - Privacy - For EVERYONE

Paint it a fancy colour if you like, but those 5 words are all you need.
legendary
Activity: 1456
Merit: 1000
I've got an investor that wants to buy about £5k - £10k GBP of DRK.

He has never done crypto before, but I know him from consumer financial services. I'm having lunch with him today.

PM please anyone that is interested.
hero member
Activity: 560
Merit: 500
Quote
Perhaps stating what you would like to see happen or how to resolve the issue may be best served.

There is a very easy way to solve the problem.

undo the last huge mistake.

change the total number of coins back to original value.

It was voted for. I never participated in that vote, but I would've voted against it for the principle that supply parameters should remain unaltered from launch. For the same reason, I'd leave it as it is now: it needs to be finalized and permanent. Duffield agreed to this when this controversy was going on. It isn't going to change ever again.

If your issue is with large holders flooding the market with coins, then the protocol itself flooding the market with coins isn't exactly a solution, is it? Honestly, all I see here is petty envy masquerading as egalitarianism. "Some people have more". Boohoo. Here we are paying $500 for our BTC when there some plenty of forum members who bought it at $2. And there are some that bought hundreds of BTC for $1 at even earlier points in time.

It's not constrained to crypto. There are people that bought AAPL stock at $1. There are investment bankers who make more in a week than you will in your entire life. Plenty of "unfair" things to whine about: why latch on to DRK?

Anyway, real investors asses risk and put in the amount that suits their own risk profile. I was aware of the first 24 hours back in mid-March, before I bought most of my DRK. I took the information into account and that was that. I've yet to see any actual empirical evidence of these mystery large DRK holders and I'm satisfied with that. If you can't get over your personal paranoia, go find another asset to invest in.
legendary
Activity: 1456
Merit: 1000
[This post is not related to discussion above!]

I'm stepping down from my role in the Darkcoin team, which means I'll be passing on this marketing/branding effort to the community & the devs. I wish you the best of luck with it!

I'd planned that next steps would involve selecting a colour palette, then writing a branding guide, then getting a new wordpress template crowdsourced. You may wish to take a different approach.

I volunteered myself for this role not because the work interested me, but because there was an obvious & dire gap to be filled, and the devs either didn't seem aware of this, or had other priorities. Now the gap is there again, and somebody else will need to fill this role. My suggestion to the devs is that Darkcoin needs a marketing team headed by someone with training & experience (i.e. someone with a professional portfolio). I hope they take the marketing side of things seriously and find someone with qualifications. Again, I must stress the importance of not watering down this criteria to something like, "well, I hired a marketer once", or "I can write HTML and operate Wordpress".

Taking on a branding / marketing role was a learning experience for me, and I took some wrong steps. In retrospect, polling the community for every decision was the wrong approach. Lacking a marketing professional on the team, I felt obliged to pass decisions on to the community, but I'd do it differently next time. Far better if the marketing team be given a degree of autonomy so they can progress with work unhindered. Community input IS important. It should be used judiciously, when feedback or focus groups are required -- the community should not be dictating the design / branding / marketing direction.

Choosing a marketing team is somewhat analogous to choosing a psychologist: If you take your time and find someone who "gets" you (and perhaps only then), you'll see progress & improvement that was simply not possible before. And there will always bee a large percent of doubters who think the whole idea is bogus and you can do just as good a job yourself. But at the end of the day, these are not skills you can learn on the fly; they require years of training, experience, and (perhaps most importantly), talent.

Put the initial effort into recruiting the right people, and things will fall into place from there.

You are the right people!

Commentators and opinionated observers just expect things to happen. Every successful business has people working hard out of sight. When things happen, everyone just thinks it was easy and it was preordained to be a success. This is not the case.

From what I've seen, you understand this more than anyone and are better suited to it than anyone. You just need the confidence to ignore the constant whining before, during and after marketing and branding decisions are made. The trick of engaging everyone, while making tough decisions that you and the leadership think are on balance the right ones, is just that - a balancing act.

The project is just about to move into a new phase and the world is about to take notice. Darkcoin needs you more than ever to be part of the leadership.
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
22 million is a perfect number in my opinion, with the small amount of coins and innovative features it has a real chance of matching BTC $ for $ a better chance then anything out there right now, and from what i can see, the Devs work and speed will keep us ahead of the pack for a long time to come, very excited about this one.
legendary
Activity: 1708
Merit: 1049
Quote
He's already seen these thought-out response from AlexGR and others. But he never responds, disappears, repeat.

1. there is not 1 logical answer to decreasing the number of coins.

Scarcer coin, less inflation, better store of value. People liked it, they voted for it and here we are.
legendary
Activity: 1708
Merit: 1049
Quote
Perhaps stating what you would like to see happen or how to resolve the issue may be best served.

There is a very easy way to solve the problem.

undo the last huge mistake.

change the total number of coins back to original value.

One can still troll and say "50% of current coins were instamined", so it won't solve anything really. I can show you time stamped posts where trolls said just that, even prior to the reduction of the max number of coins.
sr. member
Activity: 447
Merit: 250
I personally think the blue/white scheme looks great.  Helps put peoples mind at ease about the word "dark," allowing them to see darkcoin mainly as a coin which offers anonymous transactions - a highly desired and uniquely innovative feature.

I agree. I think a final colour scheme needs to be decided on though and perhaps some contrasting colours from the colour scheme can be used in the logos for DarkSend and DarkGravityWave.

In my opinion gold is great, but golden digital images try to be classy but are usually tacky. This is not just directed at LawBC, I have seen a few people mention black and gold.
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
well that's not up 2 you that's up to everyone and i vote no, don't see why it would help anyway
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