Thanks groggin for the work on the promotion. The main problem I'm finding now with the FUNK coin is lack of liquidity (supply issues and due to lack of adoption) and fungibility. If there is no transaction volume, there is no currency. I have put a test sell order on AllCrypt but nobody will buy them! The idea of a decentralized band based on cryptocurrency is really good and strong, but the actual FUNK coin appears to be going the way of the Susan B. Anthony dollars to the retired currency bank in the sky.
Seeing how Simon has put about at least 100 hours into working on this thing, unless people start adopting and using the FUNK coin, it will cease to exist as a currency and Simon will be an unhappy camper. We can always switch to a stable cryptocurrency with good liquidity and fungibility like BTC/LTC if we need to.
Thanks for the concern.
Fwiw. I still firmly believe we are paving the way for how creatives can organise in a different way in the 21st century. I have spent hours and lots of money, but I don't mind if it fails (is there even such a case?). I've already met really cool people (you guys), made music I'm really proud of, and broadened my knowledge quite extensively on cryptocurrencies. I'm winning all the way. Just a bit poor now.
The end-goal is still out of reach though: we want this be something that will eventually sustain a host of musicians. So far, we are doing okay. Making music doesn't pop up instantly and we are almost 2 months old. This is ages in terms of crypto-time, but 2 months for a band, and anything creative is still a short timespan.
It shouldn't be about me. It's about us, and making epic music together. Trust me, if I had enough money lying around, I would be whaling the price up so I can inject some capital into the community.
Anyway. Still excited. Still making music. Still developing on the side (going to get round to finishing the android wallet).
