Forgive me for asking this,,, but when I read the OP (and it is a good one by the way compliments to you),,, all I can see is that problems that exist are already solved by all other cryptocurrencies existing in the market. Every thing I see can simply be solved by using and accepting Bitcoin that is all.
Hi Leea-1334,
Thanks for your feedback, we really appreciate it!
So to answer your concerns - we do understand your point of view and could definitely simply accept Bitcoin and that's it.
However, we believe that is not the correct strategy for our business for various reasons :
- 1) Most of our customers are small businesses that have limited time, energy and understanding of cryptocurrencies and, as their provider, we feel we have a moral responsibility towards them when we roll out new features to our solution or when we make them any recommandation. That is why we believe it is essential for us to have full control of our technology, and in that case of our blockchain, and to reduce our dependency to third-parties.
- 2) Following that same logic, having full control over our technology will allow us to innovate greatly on the vendor/client payment system, mainly through the wallet that will be integrated to our customers' mobile apps and such.
- 3) As time goes on, it will allow us to update, improve and customize our blockchain to our needs and our customer needs and we will be able to rely on the Discoin/Discodery community to do so.
- 4) Transaction costs will be much lower than Bitcoin's and we will be able to keep control over them for our customers.
- 5) As I previously mentioned, most of our customers have limited knowledge and interest in cryptocurrencies. As you know, Bitcoin already has quite a reputation (and not always a good one), and when we surveyed a bit our community, most of our customers liked the idea of being able to use a cryptocurrency for their business but some seemed a bit frightened or reticent to using Bitcoin as a payment method due to what they might have heard on the news or elsewhere. So developing our own technology will reassure our customers who already trust us and ultimately help us improve adoption.
Additionally, and for full disclosure, launching the Discoin is also a great opportunity for us to gain a lot of visibility and popularity through an Airdrop campaign and to use the ICO/IEO to allow our community to participate in our growth and success.
In any case, I hope I was able to answer your questions and that you now understand a bit better our vision 😀
And please don't hesitate to reach out to us if you have any further inquiry!
Best Regards,
The Discoin Team