Topic: How to alt coin devs make money? (Read 796 times)
giveaways , mining and games these places will help
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they make money and a lot of it. i seen a post once on how to make 40,000 in a week making an alt coin. maybe i will dig it up
Probably fud but if you could provide a link that would be great.
If you create a popular coin and quickly dump the coins at inflated prices then you'll be laughing all the way to the bank. Look at Maxcoin. It was selling for £20 on its first day, then quickly dropped, now they're less than a £1.
Giveaways!
A little bit of premine and exploiting giveaways.
they make money and a lot of it. i seen a post once on how to make 40,000 in a week making an alt coin. maybe i will dig it up
Probably fud but if you could provide a link that would be great.
they make money and a lot of it. i seen a post once on how to make 40,000 in a week making an alt coin. maybe i will dig it up
So they don't actually make much money they just want to get lucky and potentially make a coin better than any one else for example Bitcoin?
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Since my question got lost in the alt coin sub-forum within a few minutes I would like to ask the question again.
How do they make money without instamining and premining?
How do they make money without instamining and premining?
Well they hope to just profit from the coin in other ways. Mine and promote it then sell or trade it for other coins or maybe hold it and hope it worth something in the future. Most coins are pump and dumps but some have more longevity than others.
I would guess clever variations of pre-mining 
Donations, bug bounties, ad revenue, commercial deals, consulting and so on are all possibilities.
Donations, bug bounties, ad revenue, commercial deals, consulting and so on are all possibilities.
Since my question got lost in the alt coin sub-forum within a few minutes I would like to ask the question again.
How do they make money without instamining and premining?
How do they make money without instamining and premining?
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