Why would people use your service instead of the good old twitter? There's already a crypto accounts and followers tweeting and retweeting things crypto-related (which means it already has its own crypto-environment", and more importantly, they're free.
Hi Mike,
Well first of all, we are not building just another social network, as people are lazy and as you said there is already Cryptotwitter. The ultimate goal is to implement a framework, which embeds twitter, discord, telegram and all the other crypto related networks, not only twitter. So you will still have access to all your beloved centralized and censored networks (although they won´t be happy and certainly will try to limit access of our framework to their centralized networks as we become more popular), but you will also be able to cross communicate and use other forms of communications to stay in touch with your friends. I won´t go much into detail here, as all the details and features will be released, when we launch the crowdfunding after the prototype is finished.
As of now, we are in very early stages, building a userbase (and team), which will help us with adoption of the final product. We are adding parts of the framework step by step, as the community grows. First, we will release a basic login system, which will verify Domocoin ownership (you don´t pay a membership fee, it´s a proof of ownership system) and store those informations in a database, which will later be imported on the blockchain. Those credentials will enable you to access certain parts of the DOMO network (we will lock-up certain discord and telegram channels for example). This will give us the opportunity to advertise for the DOMO network as a whole, while keeping the diversity of the Community. The DOMO Community will act as some kind of autonomous consulting entity, offering services from Community members, but in order to get in touch with the specific person, you need to get yourself some Domocoins to be able to join those restricted areas, because at the end of the day it´s the Community which will generate the value, not some nice features, roadmaps or speculations. Restricting access with Domocoin will ultimately result in the shareholders contributing to the project and not just consuming it (we swapped blockchains twice already, in order to get back those lost and inactive coins and redistribute them).
And last but not least, having a restricted network makes running bots significantly more difficult as it´s much more expensive to run multiple accounts at once (we could even implement verification restrictions on the blockchain level, making automation even less viable, depending on the situation and community), we got much more options to handle a Bot attack than Twitter.
I hope this gave you a brief insight into what we are trying to build here. I am not very active on Bitcointalk so you can reach me faster directly via discord, telegram or twitter.
