Topic: Launching a new coin - page 2. (Read 1500 times)
Why not just create a new algorithm and create or have someone create an optimized cuda and AMD miner. Then you can sell the rights to download the miners to raise funds prior to launch.
Thinking of launching a new coin that will have usage first before coming out on exchanges but need funds so, is ICO still a way to go to get things going? A nice plan for the coin is already in place, just need to make ICO as smooth as possible as funds are needed for the development of the services that the coin will provide.
I was thinking about launching a new coin too,but well, i think im just too lazy to do this 
Anyway i would like to try it anyway,seems like an interesting thing for me!
I will ask my friend's about it,they want to do it too as i heard from them.
I like the idea of an ICO, combined with a dev fund that is liquidated at fixed intervalls.
If you have a coin with a fixed supply, you could give a part of those coins away via ICO and keep a relatively large portion to the devs, but those funds are bound in a smart contract hard-coded into the coins code and are sold at fixed points in time. This would give the devs an incentive to stay involved and active.
How the coins are sold exactly, I don't know. The easiest way would be to dump them on exchanges. The other way would be to have not one but continuous de-facto ICOs, every time one portion of those funds gets available.
If you have a coin with a fixed supply, you could give a part of those coins away via ICO and keep a relatively large portion to the devs, but those funds are bound in a smart contract hard-coded into the coins code and are sold at fixed points in time. This would give the devs an incentive to stay involved and active.
How the coins are sold exactly, I don't know. The easiest way would be to dump them on exchanges. The other way would be to have not one but continuous de-facto ICOs, every time one portion of those funds gets available.
ICO or premine. but premine will still need some real work before you can sell a few and pay your debits.
Why not?
ICO seems tarnished lately and some are already fed up due to some ICOs that failed to provide the usage the community needs.
Why not?
Thinking of launching a new coin that will have usage first before coming out on exchanges but need funds so, is ICO still a way to go to get things going? A nice plan for the coin is already in place, just need to make ICO as smooth as possible as funds are needed for the development of the services that the coin will provide.
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