intristin,
Just a coincidence?
No problem. Peace. I am not particularly interested in the names Yobit and Credits. But if someone tries to rip off my marketing insights, I will make it clear they don't have the original talent to follow through on all aspects.
Now on to the currency unit names...
Yoonit ... I don't think there is necessarily any benefit to it sounding like 'unit', so we could use Yoobit instead. In that case, in means "your bit" or "personal money". We want something slightly childish or cartoonish for the social media market. The Asians in particular endear cuteness and youth. If Ƀits is the main serious currency unit, then ¥ꙭbits is the personal ("you"), social context currency unit. Seems to work well conceptually, is one letter shorter than Coolbits, and has a more apropos meaning of "you" (personal, private, autonomous) than "cool" which applies more to the social acceptability and utility of the money (where it is useful in cool settings and applications).
yobits...
Disadvantages are lose the connection to Bitcoin, Younits can be pronounced "Yo", units and nits are less meaningful to normal people than bits.
...
Maybe we should entirely get away from the concept of bits? Yoonits is more brandable (defensible) than yoobits.
Yoobits, man that is good. Really like that name.
You (
and I) liked this
so much because we are Bitcoin aficionados and it adds pizzazz (and personal property) to bits (what ever in the hell bits are
). Go back to 2008 and try on "yobutts" and it will mean about the same as "
yobits" did. And "
yo" was more likely interpretation than "yoo" given the popularity of rap culture...
I think we need to realize that microtransactions will end up being just credits of appreciation that are traded around. Users won't be counting these in terms of exchange value but rather in terms of the powers it enables.
Step away from your mindset as an investor and think about the person who is actually using sub-penny transactions. Are they thinking about the $0.00001? Hell no. Get a clue!
When you play a game, you earn credits to enable new powers and buy extra capabilities. Microtransactions are like that...
to get a "fun" name that people can use in social networking, e.g. 'vibes', 'zings', 'oomphs', 'pluses', 'options', 'tradables', 'swaps', 'merits', or 'credits'.
Perhaps "links"? "Credits"? "Points"?
In fact, even making this post makes me wonder if we should start calling our sub-units '
credits' as well.
I associate "
credits" with debt creation, it does not appeal to me
Btw, I also don't like credits because I associate it with debt.
"chain credits", 'clicodes', 'cliqodes', 'klicodes', 'qliqode'.