With Bitcoin the manner and the distribution scheme is known (set in stone). With GBYTE, it’s basically a number of coins forming an unknown factor and overhang on the market. I like the airdrops. Perhaps dumping can be discouraged by locking airdropped coins in a smart contract of 12 months or so?
Agreed. But I think the airdrops should just be done, no smart contract. Give it to all the holders. At this point any holders left standing are diehard about byteball. Get it over and done with, like ripping off a bandaid. Yes the price might crash more, or maybe not if it really is the diehard holders who would be more likely to hodl. But sfter that all uncertainty of the airdrop is removed. There is no more inflation of supply. The road from there is up.
Its laughable that so many are clueless, especially people involved in the project, why the byteball distribution has been a disaster.
You would give rest of the bytes to existing hodlers and what then?
We would still have small amount of users, but they would just have bigger bags.
Any examples of projects that distributed all their coins with just 2-3 years and now they are doing great?
Best way how to get people use Obyte is by giving the tools to use it, which in Obyte case is not just the software, but also the bytes.
Without distribution fund, who would pay for the real name attestation costs of new users, you think companies like Jumio do it for free?
I get it, you think real name attestation is pointless, but you are not an user either, your just hodler, you only wish to see the price to go up.
If anyone is clueless then that's you because you don't see the bigger picture. You just want that instant gratification of seeing nice number on your portfolio that you never cash out.
