streulpita

8 ms·

31.
by streulpita 9y ago
Yes, the creator could go trade them on an exchange if they wanted to. But we don’t help people do an ICO or encourage it. I do think tokens made on Hexel could gain value, but that would come from making them useful, not starting off with
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by streulpita 9y ago
Haha, well actually we could do that regardless. The purpose of the giveaway is to source more ideas for what people actually want to do with cryptocurrencies, and to make sure our product can serve those use cases.
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by streulpita 9y ago
That’s a question I have too. I don’t want to forcibly put anything on the blockchain. I’m specifically curious about use cases where the decentralization, scarcity, and smart contract pieces of this can become useful. I can’t predict exact
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by streulpita 9y ago
Oh I do think the currencies should be used for exchanging things. I mostly meant that they shouldn’t be viewed as an investment or a way to make money. More as an actual currency.
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by streulpita 9y ago
The most direct answer is that we’re providing ease of use and helpful tools. I guess you could argue that it’s easy or hard depending on the person. We plan on making money from paid features later on, like automated token distribution hoo
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by streulpita 9y ago
Perfect example of the downsides. The next thing for us is deploying the token for you automatically, so that you don't need to deal with MetaMask or worry about gas price.
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by streulpita 9y ago
Yes, that's usually about right for most exchanges. But if your coin isn't popular enough, they usually will not add it. However, there is a protocol for decentralized exchanged called 0x. Any tokens on Ethereum can be traded on t
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by streulpita 9y ago
Yes, totally valid point. The difference I see is that we're focused on functionality that goes beyond selling / trading. I know there are quite a few options for "Do your own ICO" and stuff like that, which is not that
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by streulpita 9y ago
We're going to keep developing features that make tokens easier to use, especially at a larger scale. We'll charge for premium features later down the road, but those features aren't set in stone yet. We have a few things pla
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by streulpita 9y ago
Kind of. I don't know that much about Chain, but it seems like they are building private blockchain infrastructure for payments. Our tokens can obviously be used for payments, but the angle right now is not that this is faster and easi
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by streulpita 9y ago
In total about 4 months. Before getting into YC we had a an Ethereum developer tools project. It had pretty low traction at that time (a handful of dedicated users, but now many). But we had built other Ethereum projects together before. Th
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by streulpita 9y ago
Hey, they are pretty standard ERC-20 tokens, so they technically can be traded on an exchange. However, right now all of the coins have pretty low volume, so most exchanges probably wouldn't list them. A decentralized exchange built on
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Launch HN: Hexel (YC W18) – Create a cryptocurrency for your community
191 points by streulpita 9y ago|137 comments
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by streulpita 9y ago
Yeah, I think MetaMask is definitely the smoothest way to integrate any kind of Ethereum apps at the moment. I use it as a temporary wallet just for when I need to use dapps like this. Just send in a small amount and use it for whatever you