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Hey I offered this exact service with: www.dotcomco.in Some of the in-house community cryptocoins I made as a portfolio of examples include: www.ycco.in - di
by will_brown 9y ago
Hey I offered this exact service with:
www.dotcomco.in
Some of the in-house community cryptocoins I made as a portfolio of examples include:
www.ycco.in - distributed karma for HN community (still up)
www.instagramco.in and www.facebookco.in - distributed likes
Of course I didn’t make it to front page of HN and got no traction. As I have more than a few cryptocoin/blockchain themed domains I began tozenizing the domain ownership rights to try to sell with the pre-made community cryptocoin, my experience is there seems to be more interest in these domains than the community coins.
- it_learnses 9y agoYou charge 10 bitcoin as your fee which is around 80,000 usd in today's value!
- will_brown 9y agoThat does sound outrageous, then again from the perspective of the cryptocoin world the first purchase with bitcoin was two Papa Johns Pizzas for 10,000 bitcoin which is around $80,000,000 today. When I launched bitcoin wasn’t worth what it is today...that said what would you pay for your own community cryptocoin anyway?
- kerkeslager 9y ago$0
- hyprCoin 9y agoThen you are not the target audience. Every small business or community can be tokenized, just like every small business can have a website. Tokenization could encourage repeat visits, community virility and vested interest, not to mention investment.
- jasongill 9y ago"Every small business can be tokenized" My parents own a gift shop (like a Hallmark). Can you give me an idea of how their business could be "tokenized"?
- hyprCoin 9y agoOff the top of my head: * Distribute tokens to partners (product / gift manufacturers). Partners with vested interest in the success of a company could be much less likely to sever relations as it will hurt their investment. * Distribute tokens to customers as a type of rebate. Like a loyalty program that encourages patronship. * Use tokens to vote on what products should be sold. Many gift shops sell pipes and other drug related items. This decision would sink other family oriented shops. What would your customers like? * Distribute tokens to the locals as an attempt to build virility and community around your shop. * Distribute tokens to employees as a way to recognize accomplishments. Ever get a few bonus stock from your company for doing good work over the week? Me neither. * Sell tokens to raise funds. * Set budgets based on community votes. The list is endless and these are rough ideas. Look for ways to align business interests and customer interests.
- unclebucknasty 9y agoMost of these (e.g. rewards, distributing to locals/employees, sell to raise funds, etc.) rest on the idea that the token has value, which begs the question. Many also have existing solutions that are well-understood (e.g. loyalty programs tied to phone numbers). And, what happens when every business has its own tokens? Who wants to track/manage all of that? Seems like a recipe for token fatigue. >Look for ways to align business interests and customer interests. In general, seems like token advocates look for ways to wedge a token into an interaction. Not saying there are no use cases, but there's a lot of "solution looking for a problem" happening.
- hyprCoin 9y agoThe token will have value based on there being value in the company or asset being tokenized. You can't start a coffee shop but can own some of the coffee shop down the street. What are we here for if not to share in the risk and success of the endeavours we support?
- philipodonnell 9y agoJacksonville, FL shout-out!
- woah 9y agoSounds like these guys have users, which is probably what makes the big difference.