BitShares Forum

Other => Graveyard => MemoryCoin => Topic started by: itsik78 on January 07, 2014, 10:38:58 pm

Title: What to Focus on?
Post by: itsik78 on January 07, 2014, 10:38:58 pm
Hi guys and gals,
Please answer this poll to help the new CMO (hopefully myself) understand where the community wants the most focus in the next few days.

Thanks
Title: Re: Where to Focus?
Post by: earntodie on January 07, 2014, 10:43:43 pm
- Adding MMC2 to as many exchanges as possible
and
- Media - Contact Bloggers and Bitcoin related sites with some press releases
Title: Re: Where to Focus?
Post by: badbonez on January 07, 2014, 11:21:33 pm
I guess the ultimate goal is to get the coin to be used, through a retailer or charity site.  But to get there the coin needs exposure.  So I voted for the exchange because it seems if it gets on the exchange, people will notice it more, miners will mine it more and then you can use blogs and social media to reinforce that exposure and get the word out what's unique about this coin. 
Title: Re: Where to Focus?
Post by: isaacgoldbourne on January 07, 2014, 11:54:24 pm
Graphics are already very good, we need to get onto the exchanges and then get bloggers in on it. That will create the interest needed.
Title: Re: Where to Focus?
Post by: stalemate on January 08, 2014, 12:24:54 am
Adding MMC2 to other exchanges is beyond our control. Besides, it is not rational at this stage. If you check bter volume daily and compare this data with daily minted coins, you'll understand what I mean. In a market with low circulation, it is hard to name a price. According to my valuation, MMC is now worth 0,85 usd. Well, you may call me a dreamer but this is how trade works in real world. My valuation is inversely proportional to the general market price now and will always be until I see a significant circulation. This would take a day, a month or a year. I'll still be working for this community at that time.

In conclusion, adding value for MMC is the officers' duty, not the markets, especially with no fiat options.
Title: Re: Where to Focus?
Post by: isaacgoldbourne on January 08, 2014, 12:32:31 am
Adding MMC2 to other exchanges is beyond our control. Besides, it is not rational at this stage. If you check bter volume daily and compare this data with daily minted coins, you'll understand what I mean. In a market with low circulation, it is hard to name a price. According to my valuation, MMC is now worth 0,85 usd. Well, you may call me a dreamer but this is how trade works in real world. My valuation is inversely proportional to the general market price now and will always be until I see a significant circulation. This would take a day, a month or a year. I'll still be working for this community at that time.

In conclusion, adding value for MMC is the officers' duty, not the markets, especially with no fiat options.
[/quote
Value is everyones job, we all need to create services etc to make this attractive.
Title: Re: Where to Focus?
Post by: FreeTrade on January 08, 2014, 04:42:34 am
Yes, while I think many shareholders would like to see MMC listed on more exchanges, I don't think a direct approach works. They respond to demand from their customers. Thus you need to focus on creating demand for investment (so users want to buy the coin), create supply from a wide range of sellers (so users want to sell the coin).

I think that's best done by clearly explaining what makes our coin a unique and compelling proposition for investors, and a profitable proposition for miners.

Title: Re: Where to Focus?
Post by: Delinquency on January 08, 2014, 05:59:06 am
#1: Encourage Miners to Adopt the coin (Mine and HOLD)
#2: Promote Demand (stimulate buying and possibility of profit by presenting calculations)
#3: Create an Application that can be utilized by the economically marginalized. (Present the normal individual with reasons why to mine MMC with a less-than-three minute video) [Possibly multiple jobs on fiverr?]
#4: Promote the exchange of services and goods by transfer of Memorycoin.
#5: Create a marketplace to sell MMC for other things rather than Bitcoins.
#6 Create an EASY tutorial with big and colorful letters and little steps. Make it easier to mine than bitcoins.

MAKE THE WEBSITE AND APPLICATION APPEALING TO THE GENERAL PC USER SO THEY WILL ADOPT.

Any individual who runs for CMO and makes these ideas happen will get my vote.
Title: Re: Where to Focus?
Post by: itsik78 on January 08, 2014, 07:38:30 am
#1: Encourage Miners to Adopt the coin (Mine and HOLD)
#2: Promote Demand (stimulate buying and possibility of profit by presenting calculations)
#3: Create an Application that can be utilized by the economically marginalized. (Present the normal individual with reasons why to mine MMC with a less-than-three minute video) [Possibly multiple jobs on fiverr?]
#4: Promote the exchange of services and goods by transfer of Memorycoin.
#5: Create a marketplace to sell MMC for other things rather than Bitcoins.
#6 Create an EASY tutorial with big and colorful letters and little steps. Make it easier to mine than bitcoins.

MAKE THE WEBSITE AND APPLICATION APPEALING TO THE GENERAL PC USER SO THEY WILL ADOPT.

Any individual who runs for CMO and makes these ideas happen will get my vote.
These are great points.
Thank you
Title: Re: Where to Focus?
Post by: itsik78 on January 08, 2014, 08:06:16 am
Started a giveaway thread on BitCoinTalk:
https://bitcointalk.org/index.php?topic=404762.0

For new users only, to try and get more people downloading our client.
I believe the easy mining option there will do a great job in getting people to start mining it and slowly get them to be involved with the coin.
Title: Re: Where to Focus?
Post by: FreeTrade on January 08, 2014, 08:13:45 am
Generally I'm not in favour of giveaways/faucets because I think it sends the wrong message about the coin and doesn't require much participation (users can just grab an address from their exchange) so I haven't been funding this.

However if we could kickstart people's mining by matching with a small amount - that would reward participation and help to encourage people to get started - we've got a lot of funds in the defunct MCF that I need to distribute.
Title: Re: Where to Focus?
Post by: itsik78 on January 08, 2014, 08:36:45 am
The idea was to get people to download the wallet and hopefully the easy mining option will increase chances they will start mining and get involved.
How do you suggest we "kickstart people's mining by mathing with small amount"?. Open to any idea.
Title: Re: Where to Focus?
Post by: FreeTrade on January 08, 2014, 08:38:44 am
The idea was to get people to download the wallet and hopefully the easy mining option will increase chances they will start mining and get involved.
How do you suggest we "kickstart people's mining by mathing with small amount"?. Open to any idea.

Not sure, just thinking out loud too.
Title: Re: Where to Focus?
Post by: Delinquency on January 08, 2014, 08:50:09 am
The objective is to increase demand.

Offer a Lottery for all MMC users.

105% of the coins are paid out.

Make the payout split between 3 contestants from 65%, 25%, 10%

This should offer users incentive to start mining MMC.

I may work on this little idea :)
Title: Re: Where to Focus?
Post by: itsik78 on January 08, 2014, 09:22:31 am
The objective is to increase demand.

Offer a Lottery for all MMC users.

105% of the coins are paid out.

Make the payout split between 3 contestants from 65%, 25%, 10%

This should offer users incentive to start mining MMC.

I may work on this little idea :)
Cool!
Let me know when it's ready :)
Title: Re: Where to Focus?
Post by: reorder on January 08, 2014, 09:31:55 am
Quark story makes it obvious what is crucial for short-term altcoin success. Media coverage and precise timing.
Title: Re: Where to Focus?
Post by: andhar on January 08, 2014, 09:43:09 am
The CMO should make a announcement to IT/TECH blogs, online newspapers  and such medias.
After making this announcement with some information on what MMC is and what has been accomplished so far and what the next step is, send that to the support team leader for translations. Then we spread it to all the tech/it blog owners we know, all the papers that seems relevant for the topic and other medias you can think of. This way we get exposure, fast and easy. Also continuing to make posts and threads in relevant forums is also a good idea, also updating those posts already created as soon as updates are released. 
Title: Re: Where to Focus?
Post by: FreeTrade on January 08, 2014, 09:45:18 am
Started a giveaway thread on BitCoinTalk:
https://bitcointalk.org/index.php?topic=404762.0

For new users only, to try and get more people downloading our client.
I believe the easy mining option there will do a great job in getting people to start mining it and slowly get them to be involved with the coin.

I stand corrected - you're doing a great job on that giveaway - where can I send funds to support it?
Title: Re: Where to Focus?
Post by: itsik78 on January 08, 2014, 09:53:47 am
The CMO should make a announcement to IT/TECH blogs, online newspapers  and such medias.
After making this announcement with some information on what MMC is and what has been accomplished so far and what the next step is, send that to the support team leader for translations. Then we spread it to all the tech/it blog owners we know, all the papers that seems relevant for the topic and other medias you can think of. This way we get exposure, fast and easy. Also continuing to make posts and threads in relevant forums is also a good idea, also updating those posts already created as soon as updates are released.
Good idea.
I will start writing a press release emphasizing the unique and innovative points
Title: Re: Where to Focus?
Post by: itsik78 on January 08, 2014, 09:54:46 am
I stand corrected - you're doing a great job on that giveaway - where can I send funds to support it?

Thanks! :)
I'm funding it from my CMO address, so you can send it there:
MVTEcmodH7do4V47ht1U9AXQKMouqYNAYM
Title: Re: Where to Focus?
Post by: andhar on January 08, 2014, 10:06:44 am
The CMO should make a announcement to IT/TECH blogs, online newspapers  and such medias.
After making this announcement with some information on what MMC is and what has been accomplished so far and what the next step is, send that to the support team leader for translations. Then we spread it to all the tech/it blog owners we know, all the papers that seems relevant for the topic and other medias you can think of. This way we get exposure, fast and easy. Also continuing to make posts and threads in relevant forums is also a good idea, also updating those posts already created as soon as updates are released.
Good idea.
I will start writing a press release emphasizing the unique and innovative points

If you need translations for different countries later contact Seraphim. We got a great support group with many different nationalities.
Languages we currently handle

Banch: Finnish, English, little Swedish

Seraphim: English, German

Andhar: Norwegian, Danish, Swedish, English.

testz: Russian, English

IsaacGoldbourne: English

tomorrow: Chinese, English

pvaladares: Portugese, English
Title: Re: Where to Focus?
Post by: 5chdn on January 08, 2014, 10:25:52 am
As I stated in my proposal - Media is most important. Mainstream bitcoin blogs and podcasts should get a chance to understand why MMC is different.
Title: Re: What to Focus on?
Post by: smokim11 on January 08, 2014, 07:41:30 pm
voted for more exposure and marketing of MMC.

Getting more people to offer services for MMC would be a great benefit. Finding a hosting company possibly that accepts MMC for VPS, website hosting.

Finding digital product sellers to accept MMC, for example MMC for xbox live, software, itune gift cards...etc

Possible "get paid to" site that offers MMC as a payment for completing offers, surveys, watching videos...etc

Getting Paid to click sites to accept MMC for advertising and allowing earnings to be withdrawn as MMC.

These type of sites usually have average people like most of us trying to earn a few bucks, some investors. They might see MMC as a great investment seeing that you could make a few hundred dollars pretty quick trading MMC.