Ummm very little movement and/or fluctuations with EGC coin among the traders on Bittrex. They look untrusted with the coin. It's sad but we need give a new impulse to the coin in some way. Any ideas?
I already shared my idea about it. First we would need a payment gateway and then an online renewable energy shop. But hey that's only my 2 EGC ey
That sounds very interesting, could we contact with gocoin or similar payment gateways? It will be great!
Yes, very interesting indeed, the beauty of which is it grows other ideas. We had previously been in contact with coinpayments.net and had a campaign to convince them to consider adding EverGreenCoin. That effort was unfruitful. I mentioned the reasons I suspect it was so in
this post. We can and will in the near future try again. As I previously mentioned, it might be wise to let the markets recover before we do so so that marketcap gives them more reason to consider. Of course we can add gocoin to the list.
I personally like the idea of dropshipping and think it is a promising idea. When I mentioned the idea to a colleague, they were of the opinion it was not wise and only offered, "it has failed for others." as an explanation and had to end the conversation. Of course that is not a strong enough argument to not pursue the idea. I will see if they are willing to elaborate on their discontent with the idea and, if so, present that point of view to the community on their behalf if they are unwilling to. But again, I like the idea but of course I am open to arguments that might prove it a path not to continue on. I have not yet heard such arguments.
Regardless of the dropshipping debate, the next step remains a payment processing gateway. I do know crypto-friendly merchants that would be happy to accept EGC once we reach this milestone. Some of them wanting to feature EGC and perhaps offer discounts for its use. Which brings up another point and idea I would like to bounce of the community members that like this idea so far: Why use EGC for a purchase as oppose to just using BTC? Know, we know the reasons that it helps EGC, creating demand. But, why would a consumer that already sees the benefit of using crypto and does want to use crypto for the purchase add the seemingly unnecessary step of converting the BTC into EGC for the purchase? This is the sticking point that I think all 'alt' coins face. So, we need an incentive. Now, when many of the environmentally supportive ideas (solar miners, solar mining farm, ecosia.org or similar, ect.) are implemented and using EGC has tangible evidence as being a currency that its use alone helps the environment, I do feel many people would then see that once unnecessary conversion step (BTC or other to EGC) as a worthwhile step. Until then, we need more I think, an incentive. Perhaps the EGC Foundation can step in to make an incentive by ways of covering a small discount or a rebate. Often times a discount of only 2% offsets shipping, it is implementing the discount that posses a problem. Now, some like-minded merchants will offer discounts and are small/agile enough, yet serve a global consumer base, to do so on a per transaction basis. The foundation matching or even covering the discount would be attractive to consumers and therefor merchants alike. To the best of my knowledge, implementing a discount at the payment processing gateway is not an option. Unless we were able to make some arrangement with said payment processing gateway, this might not be a feasible option thus making the discount incentive idea not realistic for many merchants and merchants that simply can not handle discounts on a per transaction basis for whatever reason. For this reason the rebate idea becomes more possible and promising. The foundation could rebate purchases made with EGC, therefore making an incentive for consumers. Of course, both the discount and rebate could not be a large because the funding is limited to do so but, wise consumers know it does not take much to offset shipping or sales tax (VAT).
Just an idea I have been thinking on and wanted to, like I said, share / discuss with the community members that are being helpful with these and other ideas. Thanks to those of you that are!
I dont know how this would work code wise but about letting the community nominate and vote for green projects which would then receive a small part of the transactionfees each quarter. That way you could help the environment by spending EGC.
Its only a rough idea and transaction fees might need to be raised a bit but it would give people a reason to use EGC instead of BTC.