Author

Topic: Optimal launch/distribution method of new a coin (Read 419 times)

legendary
Activity: 2940
Merit: 1090
Chugging along for years with no exchange seemed to work really well for bitcoin.

BBQcoin also had a whole year or so in which anyone who wanted to could pick up coins very easily, even with a CPU.

So maybe just the opposite of al lthis pump and dump stuff... Let a coin just quietly chug along month after month year after year, slowly accumulating more and more and more people who have some.

Look at namecoin for example, everyone who wants some can have some free alongside their bitcoins, os over time anyone who was at all interested will have some by now, yet still even now newbies can mine at mmpool (bitcparking's merged mining pool) and pick some up, plus hey they also get some devcoins and ixcoins.

The longer that goes on, the more people there will be who have some ,and eventually a kind of crtical mss might be reached where enough people start saying hmm y'know maybe it would be interesting to actually do something with these...

Halving of block rewards might help too, some coins won't be giving out as many coins per block in a few more years. Maybe interest in some of them will pick up when they go through that, as those people who did bother to collect some will realise other people won't be collecting so many so easily in future...

-MarkM-
legendary
Activity: 2632
Merit: 1023
To be the opposite of a premine, and achieve optimal distribution of a coin how should this be done?

On one hnad it would be good to be able to give out coins to people in a thread, bu this is open to multiple accounts, and if date limited stops new users

Limiting a few people at the beginning, because they have high hash, seems bad, but then they are likely techically probably good, and have a vested interest in making that coin work.

Ripple having all the "coins"(yes not a crypto coin) is the extreme of the extreme, yet it still seems to be worth quite a bit, versus the give away, is this because of the committed dev?

open to suggestions,

it would be nice to have a gold standard as to what constitutes the best launch model or models!!!!
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