its so painful to be all in LISK now watching XRP and ADA getting new ATH everyday after selling it to buy LISK.. i hope re-branding will be as succesful as it was with NEO..
The bitcoin and XRP runs have really drawn a lot of attention to the crypto community. The entire crypto market cap is up about 200 billion since New Years. Lots of new money coming in and they see all these cheap coins towards the top... So they eat them up not really considering the coin supply or where a team is with the product. The ADA roadmap shows they are still a long ways out. I think their wallet was still 20%. So I can't imagine in their current state with the # of coins that the price will climb much higher. I think XRP is an exception to the market cap rules as they've been focused for years and are hitting some major milestones this year. I personally wouldn't bet money that every crypto with billions of coins will have the success they are. If you wanted to use this to your advantage you could toss $100 into any top coin under 20-30 cents and probably come up with a quick profit to buy more LSK.
I think Lisk Core 1.0 being released before the re-branding will cause a lot of excitement to LSK in the next few weeks. Also on their twitter feed they have a survey and the last section of the survey is a feedback portion. I'd recommend everyone fill that out and give feedback on the voting. I've never voted as I don't believe in the current voting system. This is what I suggested...
- Make it a membership. 1 LSK allows you to vote for a year. 101 delegates each time none of this 101 divided by 4 crap.
- You can change your votes up at anytime for free. The votes are locked in at a certain date of the month.
- See if they can eliminate fees for money sent from delegate accounts. This would allow them to pay monthly, even small amounts to low LSK holders.
Even more stuff I would discuss. There are definitely flaws with ideas below as delegates could create multiple accounts.
- Don't auto-assume last months votes. After the month picks end, users need to re-vote for next month. It can be as simple as clicking a single button "choose last months votes" but at least this keeps everyone involved and allows them to see new candidates who may have better offers.
- I'd set voting terms to get more people involved. This would keep delegates from accumulating massive amounts of LSK and flooding the market on all time highs. Something like you can only be a delegate x months of the year.
- People who are a delegate or have been a delegate in the last 12 months can't vote
Yeah they owe us report for June and quarterly reports for Q3 and Q4.