New Bitcoin is minted for miners, but the success of a crypto-currency is mainly contributed by its developers. However, bitcoin does not award this achievement, and hence I think it cannot create new values in the long term.
I am planning to start a new coin that can award its developers. It is open source and starts from scratch. The idea is that, when a developer successfully commit the code, he is automatically get awarded.
This idea can also be extended to the new DAO concept. Imaging one day, all the software developers do not work for a software company, but work on open source and get awarded, e.g open source web project, open source search engine, and all the open source apps.
To successfully run a web project, it only needs domain registration and web hosting, which is connected to the smart contact. The web app can be charged by crypto-currency, and the income can then be automatically redistributed to all the stakeholders.
If you are interested in this concept, please contact me and we can discuss how to implement the idea.
We are not competing with Ethereum, since they are still minting the coin by PoW or PoS, but the main difference of the new coin is that, most of the coin is minted for the developers for long term success.
Topic: New coin minted for its developers (Read 254 times)
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