Hey not to change the subject (I would totally hook my laptop up to a pool but everyone tells me I will burn it up. Also I don't know how so it's fine I will just buy them) but really see the importance of promotion/exposure with coins in general. VTC has a lot of advantages where most of what is out there is relying on hype or marketing. I know multiple translations are in progress, and also the fork is ~this weekend and exchange announcements etc.
So have you guys thought of using PR Newswire?
http://www.prnewswire.com/I don't know how much effect it would have outside the existing community but it is fairly inexpensive. $200-250 a year and I think a small fee per press release. I have used them in the past to promote businesses in the mainstream financial industry and their reach is impressive.
If Vertcoin wants to open an account, I would be able to put out fairly frequent press releases, same as any company does announcing new products or developments with the market (new exchange listings etc).
This is in my experience the best way to get information out to where it can be picked up beyond the existing community without full time PR people. If the idea is to get to bitcoin/litecoin scale it may be advantageous to position outside altcoin forumland fairly early on.
just putting it out there and if there's any interest I'll draft up some releases.
jballs thanks for the offer to draft some releases - I think that is an excellent idea.
I agree with you entirely. I also perhaps have some understanding of the flip side of this equation - technical people tend to be a bit blinkered to the realities of the wider world, they tend to think if they build good things, people will understand they are good and want them. The real world doesn't work like that - you have to shout as loudly as you can to anyone who will listen _why_ these things are better, there just aren't enough hours in the day for people to find your superior widget/cryptocurrency unless you help them notice it.
The problem with paying anything out of the developers pocket is, he didn't premine this at all, and I don't actually think he holds a great deal of it. I have put up a lot of VTC in the first week or so when it was still permitted to do giveaways and the like here to help get it noticed - I'm not saying I won't be putting up some more, but I've had to reduce the size and frequency of my bountying things otherwise I too won't have much VTC!
I think this is a good idea though. If we're thinking the cost will be about $250/year that is about 600VTC at current prices. I will put up 30VTC towards that bounty if other people here will match enough to cover the total cost. I don't know who will escrow/convert to USD to do that. I don't want to be preumptuous and assume you are volunteering your own time to do that, but if you are, I would be very grateful and I'm sure others here would too - you seem to have a sound business mind and seem like you know how to get things done. I'm trying to spend a bit of time each day banging the drum for Vertcoin in the forum and behind the scenes to get more attention to it, but what with the technical side of what I'm doing for the project, my time for that is somewhat limited. Someone else doing a bit of PR would be great.
Going to keep this short as I am on my phone (any devs want to build a smarter autocorrect in your off hours?) but yes to all of the above.
1- i will collect and pimp for bounty (thanks all above for throwing in we are half way already)
2- we will have the prnewswire account for a full year at that price (their only option)
3- i will handle the distribution and promotion, upon draft approval from vertcoin
4- any excess bounty above prnewswire fees will put to other venues (to be discussed and determined)
First press release should cover the upgrades to the coin taking place in the days ahead so i will work on that first thing in the morning and if you all can wrangle up a couple hundred more vtc in pledges we will post it tomorrow night for release. Will do something in depth as a follow up.
Also any altcoin bloggers or sites you have knowledge of, pm me or post and i will push updates that direction as well.
I am pro bono until further notice, if we can collectively cover overhead i will handle the rest.
Also not sure how the pools network or get paid but if they want to kick in... Would serve their interests for sure.
More in the morning, any questions let me know.