Topic: [ANN][Exchange] Latest Cryptsy Additions, News and announcements. - page 120. (Read 199385 times)

PHS and SXC

Thanks for your support, SXC is presently rated 16th most popular coin out of about 123 in this poll, https://bitcointalksearch.org/topic/m.2984683 so you aren't alone.

It's been around since the 28th of May and is stronger than a lot of coins already on exchanges. It's not shrinking as some coins who are listed on exchanges, but experiencing steady growth. It is being accepted by a couple of sites that aren't run of the mill like altcoin casinos, and has sites that have undertaken to use it as soon as it hits an exchange. It even out-lasted "porncoin" which competed directly with it... Why ?

I'll be the first to admit the client is nothing special.. yet. The single most valuable atribute of the coin is the industry it targets.

The gameing industry experienced difficulties, particularly with piracy. Anybody could copy a CD. The industry moved towards a subscription model, where the game itself was relatively cheap, but a monthly subscription would be required to play online, and finally there was an explosion of microtransactional business models, where the game was free to play, but the income stream depended on the sale of many small additional items within the game. "Farmville" is an example of the success of the microtransactional business model.

The music industry is an example of an industry which has struggled with piracy, and again if you pay to download a single song, you are participating in a microtransactional business model.

The Adult entertainment industry, unlike othe entertainment industries is struggling to introduce microtransactional business models. Many sites are already using a "in house" currency, but a cohesive payment system that can be used across the entire industry didn't exist. Until SXC.. and the industry is estimated to turn over between 10 and 14 billion dollars annually.. SXC has potential.

At this point there may be those considering churning out a client and competeing with us. I welcome you..

This is because the other thing SXC has that other cryptocurrencies don't is ... people. We have one developer who isn't too familar with coding clients.. But he does have an intimate knowledge of the industry, the special requirements that should be coded into the client, and how the currency must be intergated into sites for adoption, as well as contacts within the industry.

And yes, we've had exchanges voice concern over our branding and demand that it be changed before it was accepted. But SXC isn't branded to appeal to an exchange. It isn't branded to appeal to anybody in the cryptocurrency community at all .. It's branded to appeal to the users and owners of sites involved in the Adult Entertainment Industry because it's end goal is to be used in online commerce rather than speculation. We haved been approached by people in this industry that want to develop a SXC only site.

I'll admit we have a small development team, though it is much larger than most and growing, and we work hard. But once again we have something some other alts don't ...a real community. We have talented people who are passionate about the coin and want to contribute to it's success, so we have our "graphics guys" and "fedora guy" and a wealth of skills and knowledge to assist us in development.

Finally we have an attitude that other developers don't. We are geniune and passionate about what we do and reflect that in our dealings with our miners, pool operators and supporters. We are inclusive and try to consider the input of our community members, and honestly convey our progress even if it's "bad news". We actively engage and support them as much as they support us.

And if progress seems slow, it's because we are willing to take the time to do it right, because we don't want to do it over, and we are willing to make long term investments in our project.

We have been approached by exchanges, but if you check our officail thread, you'll find that we are working on fixing the desync issue so many alts have had, and coding features that will be particularly useful to those in the industry we have targeted, as well as changeing our logo, and we aren't officailly approaching exchanges until we have finished those tasks.

Even although we are operating in a heavily saturated market space, we aren't in a hurry because being listed on the exchanges doesn't mean we've made it. We can build exchanges if we need them. Creating a great client and a buzz in the industry leading to real world adoption means we've made it.

We wouldn't expect Crypsty or any other exchange to list us at the moment, and we don't want them to, until we make it apparent that this isn't just another altcoin, it's a great altcoin.

We need neocoin!

Cryptsy has a new logo trend. 

why thank you sir

Thanks 

Pls answer me John.

Can I have one for Redcoin please?

And for you sir

Hope PHS will be on cryptsy soon 

Just for you

i want one thats for Zeta so when you add it ill
wear that badge

Should be pretty soon

Shouldn't be to far down the road.

I put cryptsy logo when i see copper bars there! 

For you gold lovers a new avatar:

woot!

Coming soon

+2 (cents)

PENNIES???