I have an Idea for a new coin

Discussion in 'Crypto Forum' started by holikao, Nov 27, 2017.

  1. holikao

    holikao Moderator
    Moderator Founder CoinMaster

    Nov 10, 2017
    but unfortunately, thats basically it...

    i have almost no knowledge of software development (i understand the basics, but no coding)...
    as this is a quite good idea in my opinion, i would not want to disclose any details of the idea in public though.

    the basic target area would be electronic music business, maybe all music business.

    so, i have a few questions to continue dreaming and hopefully someone of you have some answers :)

    1. so i need a team, how to find good and reliable developers?

    2. what about securing (patenting) the name of the coin? are coinnames protected?
    if so, i need to patent the name of the coin, before using it in public, so that noone can take the name, no?

    3. how to get listed on exchanges and coinmarketcap?

    thanks in advance
  2. Ethan

    Ethan Moderator
    Staff Member Moderator Founder CoinMaster

    Nov 10, 2017
    PM me with what you are thinking. I am currently building an exchange platform and may be able to help
    holikao likes this.
  3. bendur

    bendur Administrator
    Staff Member Moderator CoinMaster

    Nov 6, 2017
    Hong Kong
    For the first question, probably visit forums, slack channels, telegram, forums, Reddit, github etc. Ethereum is what most people use for new coins so maybe start with the ethereum groups?
    holikao likes this.
  4. Bryan Ngu

    Bryan Ngu BoxMember

    Nov 13, 2017
    Go GO GO Ethan, most of the Exchange sucks especially their support and service. That could be your differentiation from other exchanges.
    holikao likes this.
  5. DanielAl

    DanielAl BoxMember

    Apr 10, 2018
    Cost of "services" of intermediaries

    Intermediaries have tightly entangled production chains. Today goods need to pass 5 to 10 intermediaries before reaching out to consumers.

    At each stage, intermediaries charge fees for their “services”. Of course, some really do useful work: for instance, intermediaries find sale of products or solve legal issues. But the majority of agents does nothing useful; it only takes part in the production chains, hands products over and receives their percentage.

    One of the most important problems facing modern society is reducing the number of useless intermediaries (ideally, excluding them entirely). Goods should not get worse and more expensive for the end user due to the fact that someone decided to earn by doing nothing.

    In some cases, the percentage of products’ price that intermediaries take away can reach up to 40-50%! An impressive number, isn’t it? Isn‘t it true that buying goods in a store for 100 rubles with only 50-60 rubles going to the producer at best, is not a thing you want to be part of?

    Good news is that modern technologies can be used for getting rid of useless intermediaries completely in 15-20 years. Blockchain platforms, which have appeared in the past few months, offer convenient interfaces for P2P-interaction. Consumers and producers are starting to understand the benefits of such developments.

    Today, modern technologies allow mass market companies to find consumers directly. This is convenient for both. The manufacturer sells its products without spending a lot of time and can quickly reinvest its profits into improvement of the quality of output. And the consumer buys products at a reduced price as it does not pay the costs of intermediaries, which have previously been laid by the manufacturer into the price of goods.

    The future economy is in direct interaction between the consumer and the producer. Useless intermediaries are doomed to disappearing. The extra profits that they receive today will vanish as blockchain technologies are spreading rapidly. And this will happen in the near future, just in 3-4 years.

    The Yodse platform eliminates intermediaries from the production chain. Only manufacturers and consumers will be dealing with products, i.e. the very ones who are intended to do so.

Share This Page