Topic: Relevance of Bitcointalk ANN for Altcoins in 2024 (Read 201 times)

Not sure about your "because" there...

Might it not, rather, be argued that it is "because" the community runs around chasing such crap rather than seriously building up the "community" coins they already have?

If you are concerned about "community" I commend again to your attention the upcoming DMDv4, the fourth generation version of DMD Diamond, not to be confused with the various tokens etc scammers keep launching to scam folk who go looking for it.

But hey that is still the future, there are plenty of decent things we already have, I have yet to find any reason other than the fact DMD is heading for EVM compatibility to migrate to any of the "ethereum killers" and other hypes, though SYScoin from time to time has looked like it could maybe be a reasonable way to go.

ICO though? That seems so anti community to me...


-MarkM-

This is true. In the past, those ICO projects needed to have the best ANN designs and a super strong presence on the forum to be able to raise a decent amount. Now, the bar is now super low.

But compared to the status quo, I still prefer the ICO days because they were much more inclusive. Now, no such opportunities because most of the deals/tokens are snagged up by the big boys (angels) and big VCs at a discount while community has to buy at billions worth of FDV.

The forum doesn't have the old charm when it comes to promotion. In the past, when even Bitcoin was little known, this was an essential place for altcoins to debut. Everyone in the cryptocurrency world had a membership here. Now, even the ordinary person on the street knows what Bitcoin is and how altcoins work. It's easier to promote on social media.
Another thing is that projects don't have as much difficulty in raising money as they used to. There are many funds, to those with a good project, even those with nothing to put new on the table can be funded this way. There are many high fundraising projects that are not even have a thread and discussed here.

Definitely they have a function. It allows us to get an idea if what is the project capable of (not only limited to mining) but some projects are not mineable. We still can be able to buy them, or farm them (you know airdrop, for instance).

Apart from ANNs, a project do also have a website, a group, social media, etc... that we can check and we might still find the same, or even more info there. It is possible for the OP of the ANN thread to moderate the posts there, if he allow such function before he created the ANN thread. We also have Mods here that can do the job if the posts gets a lot of reports, of they find it themselves foul.

Back when I joined the forum newly, Bitcointalk ANNs used to be the gold standard for any new project. If was the starting point to start creating a community for any new or existing projects in the space.

But right now, the space have moved from that. We grew bigger than the bands of the forum abd now much more extensive discussions and announcements happen on other platforms like X or the project's own forum.

So, I'd say ANN threads on Bitcointalk are still important since there's still an active community here with plenty OGs but definitely not the most important thing for any project to do.

If in 2024, I don't think having announcements thread in this forum will increase the traffic to whatever they are panning to do. Most projects I have seen now get any announcement they want to get through X platform. Just launch a project and you will see how people flud into this project and if it happens that they project plans to do airdrop, people are going to rush into the project, I'm not sure the forum can produce that number since they are altcoins airdrop.

The moderators can allow altcoins announcement and allow people that want to leave their project in the Forum. I went through the first coins that were launch in the altcoins announcement, more than 80% of the thread are no longer feasible and active, they should let them be and allow some people to make use of the opportunity, you know they say where there is opportunity for one person, there will be for another person if he check properly.

Maybe so. I just noticed a new project mentioned in this discussion section whose selling point seems to be one can use it to launch tokens without smart contracts.

I had the impression that has been something available since the ancient days, with Ripple and Stellar and NXT and the clones thereof and more and more constantly so much that I long ago lost count, so having glanced at the new thread and seen it is just yet another yet another not sure its a thread I will ever feel a need to have another look at.

I look over the thread titles in ANNounce and even Tokens from time to time but hardly ever see anything to bother actually clicking to read its content.

I am fairly confident others posting provide me the best clues as to any few other threads anywhere that might be worth a glimpse, but really there doesn't seem much true innovation for them to mention, seems mostly they are talking about which scams to momentarily take advantage of...

There are plenty of solid projects but seems like for most of them just ignoring anything that has only lasted a few years so far filters out most of the crap?

There was one project I stumbled upon a few years back that might be worth another look by now, it talked about the efficiency of tokens built right into the base layer as primitives, which as I mentioned seems actually to be an ancient idea already readily available, but I forgot its name and now even forget what might possibly have made it any better than those I already have long known of.


-MarkM-

You’ve got it. Mods here will not spend time grading what is good and shit project in able for them to categorized it.

It’s much better to delete proven scam and shitcoins. Nevertheless I’m really skeptical if there will be a good solution on flooded shitcoins thread here in able for this board to become useful.

It’s like searching in a grain of sand here in able to find solid project.

That sounds like an indexing / search problem not a volume of archive problem.

For good projects to be hard to find maybe requires only that those who know better do nothing, so to speak.

It ought to be relatively trivial really to follow the wise to the nuggets worth learning...

Albeit figuring out who are the wise could be a challenge for some...

-MarkM-

It’s very hard to browse on quality project due to this junk project that resulted to altcoin boards being full of spam ANN thread instead of quality projects only. Even quality project already avoiding the altcoin boards due to the saturation of spam/scam project that sharing the majority of exposure in the forum.

I understand what you are trying to emphasize here but this will not work in the long run if we want a useful board not a collection board for altcoin.

I vote NO to that last part.

Scam or shit or crap or not, history is history.

Erasure doesn't seem to me to fit.

Centuries from now these forums should be part of the archaeology of the first few centuries of crypto development and history.


-MarkM-

You just cherry-picked a few projects. How about the hundreds or thousands of projects that have been announced here and haven't seen the day of light or that much popularity?
I think what matters most is the community or popularity behind the project. That hype is what keeps the altcoin growing in price and surviving for many more years.

The reality is that bitcointalk is a marketing place, just like twitter, obviously it is not as big as twitter, nothing is, but at the same time it is still big and that's the most important part. I realize that we could see this situation changing soon, because bitcointalk can't keep up with other places forever, but so far it is still a great marketing place.

This is why we still have some relevance, and I believe that's why we keep seeing those bounties and campaigns as well, because projects know that if they can make people here work for them, they can get a lot of attention. They do ask for other stuff too by the way, like follow them on twitter, retweet them and all that, but they ask it here, so it really works well for them.

Too many projects do end up getting their fair share of marketing here, it could be directly from the team, could be directly from the founder, or could be just some shiller, nobody really knows what the difference is, but I am pretty sure if the founder started an announcement page, that would be better by far, not sure how much better but definitely better.

We may have not seen too many new projects that have it, because to be fair there weren't that many great new projects in 2023 and in 2024, think of all the big ones that started in those years, there are a few, not more than 5, and most of them were outside of top 100 aside from those few ones, and even those had plenty of topics, just not from the team itself, so it still exists a lot.

You dont miss any project in 23/24 if you talk in bitcointalk why? because I just saw that bitcointalk is not like it used too. Back in the day bitcointalk is number one crypto forum tho I believe till this date but there are ton of people just dont use forum anymore.

Nowadays so many project just dont put their ANN here in bitcointalk and just put their project in social media like X Instagram and TikTok heck some project didnt really announce it but somehow people already know it. I just missed the good old days when almost all the project have their ANN here

Bitcointalk ANN for altcoins is helpful for startup project that wants to attract public viewing to their project without the need to invite users to check unlike social which requires an invitation to users just to let them see your project.

The only disadvantage of ANN in altcoin board is the board is already too crowded by lots of shitcoin that come and go after they announced.

I think mods should start cleaning this board and remove ANN thread from shitcoins that doesn’t have real utility like garbage meme coin.

Its better that the developers or the owners instead of just mere supporters open an official announcement here so he can properly address queries and issues about their project. The more active the developers, the better, as they can gain the trust of the community.
During the heyday of altcoins 7 to 10 years ago, the developers of the projects are the ones  opening an announcement here, Vitalik Buterin created the Ethereum announcement here ten years ago.
[ANN] Ethereum: Welcome to the Beginning

Beautifully put.

I have also come across community members making an ANN on behalf of projects to raise awareness.

It's probably also one of the highest chances to attract contributors rather than just speculators.

ANNs used to have a better function as this was the first place to find something to mine. People announced when mining starts beforehand, so it was fair game to everyone. And since comments were open and unmoderated, there was no way for DEV to hide the criticism (or trolling) unlike in chatrooms.

Reddit wasn't as active at that point and bitcointalk was the first place to find if someone found some hidden premine in the code etc. Later on twitter was the place to share those, and i am guessing that's changing at some point because it's botted out.

These days having an ANN in bitcointalk mainly represent that devs are aware of the roots and respect them. To me ANN in here is a sign of professionality and respect.

The last sentence definitely resonates with me.

It's a skeptical crowd here for the right reasons and there are other less critical communities that can be engaged.

Of course you have a lot of scammer ANN threads just playing the numbers game of sheer volume.