It's all about the impression you want to create. What is a 'good impression' for a crypto to make? What is your idea of a good impression? My idea is that of creating a first impression of a solid coin, with a solid Dev team, with a solid community, with a very solid plan for the future, which has an extremely solid track record of never letting anyone down and always getting things right, that is going to generate very handsome returns for both miners and investors . . .
I think giveaways imply the opposite, and create a bad first impression. They're 10 times more popular with the children who aren't mature enough to appreciate the value of money yet.
And yes, at the end of the day, we're talking about money, real money, or at least that's what DigiByte is supposed to be anyway . . . of course, it'll never reach that status if it's treated like internet tipping tokens.
Think about it. Everyone. Long and hard. What is your idea of a good first impression for DGB?
Ok, now I see your point. And I disagree, but let me clarify first
I'll answer what my ideal good impression is after I made my points.
1)
Any impression is better than no impression. I gather none inside the digibyte comunity has the resources to do a massive advertising campaign. Also most said campaigns turn into flops, right after the company advertising a coin stops doing so. A giveaway is the only cheap way I see to actually bring digibyte some spotlight.
2) As per point one, the illusion that some big players will come and back digibyte just because of the tech is ridiculous. They
may be interested in a 24/7 customer service for people doing buisness with digibyte, but that implies (again) that people are willing to put enough resources to back a serious company. Trust is a major concern too, the company must be accountable and stuff, can't be done in a day.
3) Dogecoin is becoming more and more money-ish by the day. Merchants accept dogecoins because they know they'll get a lot of extra revenues by doing so, and this in turn gives a reason for more people to change their reserves from BTC (or even fiat) to doge, which is much faster. Now doge has a much too strung "meme" and it may very well hurt its prospectives to become a "buisness" coin, however, noone's that piky about coins so long as they're worth money. The fact it's used for tipping does not tamage its reputation in the least IMO.
3.1) let me remark this: BTC community's "grumpyness" (few and too cheap giveaways) is per se a reason why one would switch to dogecoins. A "nice" coin is better to wor with and also gets more supporters.
4) Every day a new coin is born, what oes digibyte give more than the others? The "multi algorithm" is only interesting for miners, the fact it's safer from 51% attaks and has dedicated devs is important for anybody else, but DGB is not that special in this sense. On the other hand digibyte is ne of the "friendly" coins, with a nice (tough small) comunity, and people may join it for that.
5) You said, in the other post, that big companies don't do giveaways,
at best they give samples. A "sample" of DGB is indeed a giveaway, one may want to try out the wallet or the tipbot. Although there's plenty of peope participating in giveaways, they're not there for the money but for the fun. It's annoying going to an exchange to get 1$ of coins, getting tipped instead is much more fun.
6) Buisnessfolk are humans like everyone else, they may as well start playing with a few coins worth millicents and ten put some milions in it (if an opportunity arises). One thing is a bank giving, or worse, getting a few millicents giveaways, that'd be ridiculous indeed, another thing is people doing so. We are privates, we are not "digibyte", the network per se does not hand out tips randomly.
7) tips are
another thing. if you walk on the street and some stranger gives you 50 cents you'd be seriously perplex, at best. A kid may be happy but an adult will probably be offended, they're treating you like a beggar! Tips are however another thing, if some random fellow tips you 0.001 cents you'll take it as a token of appreciation. Even if it's a more hefty sum the concept is the same, it's not charity, it's approval. In the case of my giveaway the tips are a welcome, like you'd hand out flyers and/or samples and welcome people with a smile.
ok for the tl;dr: giveaway is nice cheap and does not imply any silliness. Anybody from a kid to a hedge fund CEO can enjoy trading a few millicents for fun.
now about your "think big" idea, I guess you threw it ther as an exapmle, but the probe is it
can't work. You're offering a discount on the acquisition of the coin, people would just come buy the coin sell it at market value and buy new coins. The actual value would drop and you'd run out of coins fast. Changing the price in such a blunt way (cause you are changing the price when you give an extra or a discount) simply does not work.
During the cold war Russia kept the ruble at 1$ as an honor point, but the ruble was worth more or less 20 cents, and this caused problems to no end, even in a strict totalitarian superpowr like it was the money black market was impossible to fend off. (ofc DGB can do no monetary police like the soviet union could!)
Now let's go back to the "first impression" I want to give, and also that I got so far, digibyte is a serious coin, with a good dev and a nice community behind. A
nice community, not an elitarian group (we're not, end of the story), not a group of people here just for the buisness (it's simply not so). An all-around coin that can be used for tipping as much as e-commerce, and a safe coin that can be used for hedging agains other coins fluctuations. On this past point: many coins just die, thst's usually cause the dev left and the network stopped working, putting money in coins with no history and nobody behind, I want to make it clear that "we" are here and not going away, the current status of the subreddit screams "dead coin", we need some more activity.
If I may add this, I have a "plan", it's a private initiative to which a few other people have adhered, and it's starting Saturday, it does not represent all the community for sure, but it's a serious effort, I only chose to advertise this much cause I think first time events should be kept small, raching 10 people and involving 1-200 shibes during the giveaway would be ideal. It's frst of all aimed at the digibyte people, to shake things up, nothing is worse than apathy. It also aims at giving others the nice and welcoming feel from digibyte comunity that'd give them a reason to support us.
And here's my roadmap in short: the first event is Saturday, if @24hralttrade wishes he can schedue another one on twitter net week, and it'll be advertised on the first giveaway. It's going to become a periodic event and get more people around in the digibyte comunity, and give a rendezvous point to the comunity itself, something to work for, not a one time fast forgotten thing.
It'll "impose" DGB as the one
most organized and generous community in the crypto world, sort of a dogecoin more mature big brother.
I don't see how tipping could ruin a coin's reputation, and ofc I'm not taliking about "spam tipping" but about a serious initiative that requires work, shows commitment, and attracts attention.
I don't really see how "we" as community could get any more
professional than this, in any case if you change your mind you're most welcome!
.
