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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bobsav2121 on September 16, 2017, 07:03:39 PM



Title: Will Open Money make crypto go mainstream?
Post by: bobsav2121 on September 16, 2017, 07:03:39 PM
Lots of people are wondering what the next big deal in crypto will be.

What will take us from lingering on the fringe and push this technology out where everybody is interested?

Here are a few ideas:

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

3. Non profit initiatives - will charity coins break down the barrier? Coins like 2Give are sure trying!

Anyway, what do you think?

Leave a comment below!


Title: Re: Which will make crypto go mainstream?
Post by: 5ensei on September 16, 2017, 07:13:44 PM
It will require computer literate people first so targeting an industry like gaming seems like a good move. They are already using computers so may as well add some cypto as well.

Some stabilisation is also necessary, bitcoin swings too much and the rest of the coins follow


Title: Re: Will Open Money make crypto go mainstream?
Post by: reppo on September 16, 2017, 07:24:12 PM
Here are a few ideas:

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

3. Non profit initiatives - will charity coins break down the barrier? Coins like 2Give are sure trying!

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Title: Re: Will Open Money make crypto go mainstream?
Post by: alexrums on September 16, 2017, 07:26:49 PM

2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.


I adhere to this concept of development! Because the future behind the crypto currency, and not for fiat means or bonds!


Title: Re: Will Open Money make crypto go mainstream?
Post by: amagra11 on September 16, 2017, 07:27:28 PM
I think cryptocurrency will go mainstream when/if a couple of things happen.  First, it will go mainstream if it is somehow easier for people to use cryptocurrency for something than it is for them to use fiat.  For example, I believe that one reason Bitcoin was so popular in China is because it's an easy way to move money out of the country.  

Secondly, I think it will go mainstream when people become convinced that it's not a bubble that's going to eat up their hard-earned money.  Lots of news sources are calling it a bubble.  The higher Bitcoin goes, the more it's called that.  So...when will people stop thinking it's a bubble?  I'm not sure.  Maybe it will take a few years. Or maybe it will happen when a fiat currency has problems, and Bitcoin doesn't.  

Thirdly, I think people will start to use crypto when they see others using it, and when HOW to use it is not such a mystery to them.  As for how to help it become more mainstream...I think one way it will happen is one brick-and-mortar store at a time.  If there are places in the real world (as opposed to the online world) that accept Bitcoin, people will fear it less.  They might not start using it, but they will be more open to it, and less inclined to avoid it.  This would also be a good opportunity for store owners to explain to them how they can start using it, and what its benefits are; as I said, people will also accept it more when they know an easy way to use it.  Right now, if you're interested in using Bitcoin, there's a lot of information out there, but how do you know which method is best?  I think that a good way to encourage the use of cryptocurrency is if, for example, when Open Money allows people to use cryptocurrency in apps, it also offers an easy guide for people to start using crypto.  What websites to use and trust, for example.


Title: Re: Will Open Money make crypto go mainstream?
Post by: slaman29 on September 16, 2017, 07:32:20 PM
Lots of people are wondering what the next big deal in crypto will be.

What will take us from lingering on the fringe and push this technology out where everybody is interested?

Here are a few ideas:

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

3. Non profit initiatives - will charity coins break down the barrier? Coins like 2Give are sure trying!

Anyway, what do you think?

Leave a comment below!


The thing is, apps like Open Money have already existed... I think the idea of all these decentralised apps are good, but I have a feeling that the market is still too small to have so many competitors. I think about decentralised exchanges for example. In terms of integration crypto into mainstream apps, it's probably still going to take a while. It might start with individual industries. In this case, gaming is going to be first successful one. People there are very willing to embrace crypto, since for them, it's just the bridge between game/virtual currency and fiat.


Title: Re: Will Open Money make crypto go mainstream?
Post by: flag39 on September 16, 2017, 07:32:57 PM
We have to accept that blockchain technology is going fast forward but the user base is still limited,
To make this technology user-friendly for most people I think, easy transfer to fiat is a good path
to follow, but there is a better one, which renders the transfer to fiat useless. that's what Open Money
is doing, through consumer apps making crypto usable directly to online services which ware already wide -spread


Title: Re: Will Open Money make crypto go mainstream?
Post by: Chamone on September 16, 2017, 07:37:14 PM
People who are unfamiliar with blockchain won't care about it until they need to. There needs to be some kind of popular, breakthrough app that will get peoples attention and play on their 'fear of missing out' to get them actively involved.

I think the route of Open Money will be the best way forward. It should be integrated into new apps but not overly complicated that scares away the beginner.  


Title: Re: Will Open Money make crypto go mainstream?
Post by: marromaserati on September 16, 2017, 07:37:29 PM
I adhere to this concept of development! Because the future behind the crypto currency!


Title: Re: Will Open Money make crypto go mainstream?
Post by: kl0ndike on September 16, 2017, 08:01:12 PM
People will likely not care about blockchain itself, but will become the end users.  Technology like this is needed for democratic voting, disrupting asset driven markets making real estate and ownership as accessible as the stock markets, creating trusted transactions driven by smart contracts that take the risk out of transacting. 

If OpenMoney can drive development, it can go mainstream.  We can’t be satisfied with a coin alone. 


Title: Re: Will Open Money make crypto go mainstream?
Post by: Ruta5150 on September 16, 2017, 08:04:40 PM
How cool to see a company that did a token launch actually deliver its functional system a few weeks later. This is how it's supposed to be.Currency designed to enjoy demand growth and liquid supply reduction via at least three distinct, core innovations.


Title: Re: Will Open Money make crypto go mainstream?
Post by: cantdecide on September 16, 2017, 08:19:10 PM
Open Money will be one of the reasons why crypto go mainstream, for sure!


Title: Re: Will Open Money make crypto go mainstream?
Post by: IstMarketing on September 16, 2017, 08:36:09 PM
Open Money glad to be in this community great bounty organization and lot of fun in telegram chat :) nice to be a part of family :)


Title: Re: Will Open Money make crypto go mainstream?
Post by: fcoin3008 on September 16, 2017, 08:39:44 PM
In my opinion, what is happening now is one more step towards the intellectual progress of mankind. Such projects show us that regardless of race and location, people can unite and do a large amount of work, for a short period of time. In the near future, thanks to such projects, a new technological and information leap of humanity must occur. And who is currently engaged in this, will proudly tell his grandchildren that he participated in this. Perhaps by the same joint efforts we manage to conquer the cosmos.

But in spite of this, only a small number of people know about all these projects, crypto currency, blockchain, etc. I have to tell my friends and colleagues for a very long time what it is and why it is needed, and what will be the use of it. Therefore, our primary task is to tell this to as many people as possible. And then, there will be a lot of projects like Open Money. But you will be the first, and therefore the most experienced :)
That's why, we need to support this project with all our efforts.


Title: Re: Will Open Money make crypto go mainstream?
Post by: serggg on September 16, 2017, 09:17:35 PM
Few such proposals in the network. I think this is one of the best bounty programs. The contest is really cool and would love to win one of the prizes. I will ask friends who are investing in the Internet. Good luck with this project!


Title: Re: Will Open Money make crypto go mainstream?
Post by: cryptzolo on September 16, 2017, 09:19:47 PM
I am happy to support you guys.Project is interesting....
Great project, good development making big job.


Title: Re: Will Open Money make crypto go mainstream?
Post by: yan.markevich on September 16, 2017, 09:21:34 PM

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.


Maybe


Title: Re: Will Open Money make crypto go mainstream?
Post by: oek736 on September 16, 2017, 09:29:23 PM
If I present a dollar, a peso, a euro and so on to someone in a country and expect that something of value be provided back that is generally considered reasonable. However, is it really reasonable? It is a piece of paper. It isn't really backed by anything anymore, like gold for example, it is backed by faith. Governments can and do print more on their own whims. In parts of Africa and South America this has led to economic destabilization and inflation. However, wherever you go in the world, people have faith that the piece of paper holds value and can be exchanged for value. They just believe it. So, it works.

Picture this. The entire power grid goes out and stays out for six months. Everything is electronic or run by electronics. How does gasoline get pumped, how do groceries get paid for, how do ATMs work, and so on. After some period of time, people want to eat and paper just doesn't have the faith it once did. I believe things then devolve to a barter system. With a barter system, people set the value of things and trade based on a mutually agreed upon value for items to exchange. That central government that issued the paper, that was perceived to have value, just doesn't have the credibility it once did. The paper loses value because the faith isn't in the government like it was.

What about a resource that is finite, predictable in amount, and not controlled by a central government on a whim. An instrument that can transcend borders and when carried around the world doesn't need to be changed from peso to dollar to euro. It has value just the way it is. People have faith in it precisely because it is portable (not like a bag of gold), universally understood to have value, easily transferred and can be carried around on their phone. So, they can carry it around with something that they already have on them anyway.

In some respects I am describing a credit card. Most people in the world would recognize it as a credit card or even a debit card. However, not everyone has perfect credit or wants to carry around a stack of cash if they don't have perfect credit. They want something portable, that is as useful as cash, and they believe would have value through a crisis and after a crisis. Not a credit charge that they may receive disbursement from the card company in the future. Not cash that they have to carry around. Something portable, payable now, and universally understood to have value.

We are very close right now to breaking through with Bitcoin and with it being slowly tied to traditional cards or being used in lieu of a local currency. However, ease of use, faith in value and portability are not quite there yet. As the ease of use happens, with things like Open Money, will it even be necessary over time to worry about fiat? Things like Open Money help transcend fiat and people think and transact strictly in cryptocurrency. This may go a lot faster than people think. The internet, tablets, cellular phones, they started a little bit slowly then just took off and were mainstream. The reason is that they were easy to use. People no longer worried about transferring something from a tablet or phone to their desktop computer, they just tossed out the desktop computer. Open Money helps make things easier where people just say, why do I need to worry about fiat, I get paid in and operate in cryptocurrency. I trust it more than what a central government provides. It just happens and then people think isn't that how it always has been, just like a 10 year old with a tablet.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Valiantsinen on September 16, 2017, 09:30:05 PM
I think that the application will push crypto currencies up because it is very convenient and works better on mobile devices than through a browser. Agree that it will be very convenient to calculate for certain services in applications with crypto currency. Success to your project with the best regards Valentin


Title: Re: Will Open Money make crypto go mainstream?
Post by: active.participator on September 16, 2017, 09:44:47 PM
Of course, there are a number of difficulties - how to integrate this into applications, how to properly configure the interface - to be intuitively clear what and how to do. But Open Money will cope with any complexity, and I'm sure that they will win people's trust! ;)


Title: Re: Will Open Money make crypto go mainstream?
Post by: merj99 on September 16, 2017, 10:42:14 PM
The thing that makes crypto go mainstream will be a smooth transition between crypto and fiat; buying in, trading, selling. It's got to be so easy that no one would think twice about using a service or paying with digital currency. How do we do that? Projects like Open Money will definitely help. As more businesses and people adopt this into their every day routine, people will onboard without even thinking about it. It will be that moment when a business says, "Guess what? You just bought that with crypto." And the customer then goes, "Wow, that was easy! Why haven't I done that before?" That's where it begins...and we're right there on the cusp.


Title: Re: Will Open Money make crypto go mainstream?
Post by: lvsca on September 16, 2017, 11:04:54 PM
maybe, point number 2 and 3 is possible to do.


Title: Re: Will Open Money make crypto go mainstream?
Post by: cryptocurrienzi on September 17, 2017, 12:02:50 AM
Definitely a big yes! Numbers of people now dramatically increasing who's up into crypto world. And by using Open Money people will think its better than fiat. Some people are facing problems using fiat but with open money, things will be possible.
Some of the younger generation now are already in crypto world and they are the ones who make things trending. Online gamer's all over the world gonna use this because this is more convenient to them. We'll never know your kids have already knowledge with crypto currency and with the help of open money, things will just be easy. This is just my opinion. peace!


Title: Re: Will Open Money make crypto go mainstream?
Post by: elpinote on September 17, 2017, 12:20:36 AM
THis is a great move checkin out how strasis did for native C# blockchain, Open Money will be a great move to make app mainstream via blockchain loving all the new projects coming in to the crypto world.


Title: Re: Will Open Money make crypto go mainstream?
Post by: ColdZerk on September 17, 2017, 01:18:48 AM
I think it`s a good challenge for OpenMoney team: how to integrate this into apps, how to correctly set the interface and many "how-how". I hope that Devs will bring this idea to a live! It will be a great step into blockchain era.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Hadiyudhapermana on September 17, 2017, 01:47:52 AM
I think this project is good and has great opportunities in the future, I really appreciate what is done by the team so the project can run so far but unfortunately in our country there is There is no linkedin so as not being able to achieve maximum value, I really hope big with this project and able to generate profits for all parties especially the team that has worked maximally, once again I really appreciate what the team has done And for those involved in it I sincerely hope to be more conscientious and attentive to participants like us, because we are looking forward to the success of this project especially in the future, and I hope that the value to be shared will benefit all of us, I can not comment much because basically I'm sure this project will be great. And do not disappoint all those who have been involved. thank you


Title: Re: Will Open Money make crypto go mainstream?
Post by: Trebz28 on September 17, 2017, 02:00:32 AM
Having open money mobile application, which is handy will be more efficient and less time consuming. So, yeah, you should push through it.


Title: Re: Will Open Money make crypto go mainstream?
Post by: georgiasus on September 17, 2017, 03:28:50 AM
1 and 2 items. I'm sure that you are going in the right direction. You understand your market and offer quality solutions.
Of course, there are a lot of other coins and competitors in your field, but your advantage over them is in a clearly formulated idea and detailed white paper.


Title: Re: Will Open Money make crypto go mainstream?
Post by: vidam on September 17, 2017, 03:29:19 AM
The blockchain is already part of the mainstream, despite the fact that many do not understand. Of course it will take some time before the cryptocurrency will replace Fiat, but the process is unstoppable. And OpenMoney. in my opinion, the next big step in this direction.


Title: Re: Will Open Money make crypto go mainstream?
Post by: inspiredinvestor on September 17, 2017, 03:50:40 AM
excellent I love brainstorming.
I think getting some traction and getting Open Money as a accepted form/way of payment in big crypto and regular business like overstock and genesis mining.
or by making the open money a great connector to services and streamlining payments between each services easily.
last but not least: empowering the unbanked and homeless by education of crypto and crypto accumulation and Open Money being key beginning and main coin they accumulate easily and are easily able to use.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Retired on September 17, 2017, 04:13:14 AM
How is Open Money better for mainstream consumers than Bitcoin?

I mean, what makes it a better choice for them?


Title: Re: Will Open Money make crypto go mainstream?
Post by: sth2017 on September 17, 2017, 04:33:39 AM
I dealt with charity. and knowing what is cryptocurrency - I'm sure that the blockchain will help to solve the problem of many people. helping in this way - people really will know where their money went.


Title: Re: Will Open Money make crypto go mainstream?
Post by: nareshrohra on September 17, 2017, 05:05:07 AM
Blockchain as technology has lot of applications. But, cryptocurrency will only be used as a substitude for money in many industries like Banking, Gaming, Porn, Entertainment etc

I sometimes wonder, can it be used in Energy industry. I mean it would be counterproductive to use it in exchange of electricity :)


Title: Re: Will Open Money make crypto go mainstream?
Post by: Bitcoinfuture2017 on September 17, 2017, 05:11:24 AM
hi guy,
i think this is good project .
i have somes question as belows :
1. when it will be ico ?
2. price per 1 tokens in ico ?
3. when it list exchange ?
pls kindly reply


Title: Re: Will Open Money make crypto go mainstream?
Post by: pawanjain on September 17, 2017, 05:15:28 AM
Although the points you stated above are remarkable and will lead the crypto industry to another direction I personally don't think it will be The next big deal because it differs from person to person whether a thing is a big deal for him or not.
A thing that is a big deal for you might not be such a good thing for the other and vice versa.
For me the next big deal would be legalization of cryptocurrency through out the world and using it as a major source of payment in mainstream applications.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Alexdragon on September 17, 2017, 05:30:53 AM
Further development of the project, how to succeed. Which exchange will the token emerge after the ICO?


Title: Re: Will Open Money make crypto go mainstream?
Post by: BeastLee on September 17, 2017, 05:39:42 AM
Crypto is has no set goals, its not simply designated to become a currency for some country or anything, its just a possibility, one of millions. crypto will continue to fill millions of uses throughout the years and the added sum value will make it worth a lot


Title: Re: Will Open Money make crypto go mainstream?
Post by: duongtien86 on September 17, 2017, 05:49:54 AM
 It’s a great and unique ICO that seems very promising and revolutionary. I hope that everything will be for good. Good luck!!!

The courses are falling but soon everything will recover. I'm not giving up hope, OpenMoney will soon get its value. I'm looking forward to OpenMoney.

Very nice looking ICO with strong and experienced team. Bounty program is generous, you can already take part in it, don't miss your chance! There will be only 360,000,000 tokens, of which 180,000,000 tokens will be in circulation and sold at the ICO = get yours !


Title: Re: Will Open Money make crypto go mainstream?
Post by: notyou on September 17, 2017, 05:50:41 AM
Two questions:
1. Is there an incentive for developers to incorporate Open Money in their apps?

2. What would happen if tomorrow Google and Apple started accepting popular cryptocurrencies for app and in-app purchases? Would there still be a place for Open Money?


Title: Re: Will Open Money make crypto go mainstream?
Post by: James_CanYa on September 17, 2017, 05:53:34 AM
To me there's a few things that will continue to increase adoption over the next 12-24 months.

1. Scalablity - With solutions coming from a wide range of new cryptocurrencies as well as protocol updates. Creating crypto solutions that can scale to VISA levels of transactions will be a huge step up.

2. Useful and game changing decentralised apps - With projects like Digix (Proof of asset, gold on the blockchain), SingularDTV (Entertainment service that distributes profits transparently to the content creator), VirtuePoker (Decentralised Poker), Status (Private messaging & identity) - the list goes on. It only takes one of these Dapps to get mainstream attention to generate huge amounts of crypto adoption.

3. Decentralised storage - Pretty much offers the highest level of security for files, also allows dapps & websites to run in a completely decentralised manner.

4. Government & Big business acceptance - As global powers begin to pile into cryptocurrency it's going to bring a huge wave of adoption.

My thoughts~


Title: Re: Will Open Money make crypto go mainstream?
Post by: HansakaMadushan on September 17, 2017, 05:58:16 AM
It's good 😊😊😊😊


Title: Re: Will Open Money make crypto go mainstream?
Post by: shaheer001 on September 17, 2017, 07:00:50 AM
Open money is doing the best in my opinion it will be the great start and in near future Open money will be the best crypto and will go on main stream.so lets join it and as a force populate it on social networks.


Title: Re: Will Open Money make crypto go mainstream?
Post by: IvanK on September 17, 2017, 07:17:30 AM
I think that many people do not know about the blockchain technology.  I do not know how much time will pass.  But surely the projects that make the technology understandable and show the benefits of its application are necessary.  I wish success to the Open Money team in their work.


Title: Re: Will Open Money make crypto go mainstream?
Post by: sarkel on September 17, 2017, 07:25:38 AM
We were fortunate that we were born and live in this time when the revolution of the financial empire is taking place. All companies that are switching to new financial technologies - they are changing the world for the better. One of these companies is openmoney.digital.


Title: Re: Will Open Money make crypto go mainstream?
Post by: evgen008 on September 17, 2017, 07:34:47 AM
Open money, in my opinion, is the right project at this stage of ecosystem development. I would like to believe that you will compete in the future.


Title: Re: Will Open Money make crypto go mainstream?
Post by: ferad on September 17, 2017, 07:46:24 AM
in our time, technologies are not standing still, most likely companies that do not keep up with the technology will leave us


Title: Re: Will Open Money make crypto go mainstream?
Post by: Similificator on September 17, 2017, 07:53:24 AM
I totally agree with you op. All the things you have pointed out are quite amazing and really logical. I believe thiese ideas really can contribute in to making the crypto currency world to be known by thousands of people today. If only all the people that are in crypto currencies support all these, then i am sure that crypto currencies would be accepted by the masses.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Departure on September 17, 2017, 08:01:21 AM
This is a powerhouse fusion of talent and achievement. 50+ million downloads of a mainstream app, working with major automobile and sports brands, featured in top news channels, plus decades of combined experience in successful app development. These are just a few highlights of what they’ve done.


Title: Re: Will Open Money make crypto go mainstream?
Post by: sth2017 on September 17, 2017, 08:09:12 AM
Continue to work and try to notify the community of the news, according to the road map. do the product for people and the market will not be terrible if you tie the product to the dollar.
Show all infographics.


Title: Re: Will Open Money make crypto go mainstream?
Post by: 9jaflick on September 17, 2017, 08:12:54 AM
For better understanding about this project, I will like ask for a link to the official website and also a link ANN Thread
Thanks


Title: Re: Will Open Money make crypto go mainstream?
Post by: Snakerist on September 17, 2017, 08:13:45 AM
Surely, the cryptocurrency technology can improve effectiveness in world economy, but also it can make the world much more fair and decentralized. So we realy need to make cryptocyrrencies mainstream, and Openmoney moves in the right direction. I wish this project a big success!


Title: Re: Will Open Money make crypto go mainstream?
Post by: sth2017 on September 17, 2017, 08:29:31 AM
This is a powerhouse fusion of talent and achievement. 50+ million downloads of a mainstream app, working with major automobile and sports brands, featured in top news channels, plus decades of combined experience in successful app development. These are just a few highlights of what they’ve done.
where i can read about it?


Title: Re: Will Open Money make crypto go mainstream?
Post by: MBworld on September 17, 2017, 08:29:56 AM
Ok .. what's the problem? Is there a better solution? Am I the best solution to the problem? Here comes OPEN Money
The experienced founders and developers of Open Money saw a problem; businesses trending toward blockchain technology and cryptocurrency while software app developers are locked in an anachronistic, fiat-based world.

The solution is to accelerate adoption of an ecosystem which allows mainstream software developers the ability to create and distribute their apps in this new technology without wasting vital resources on recreating their work. Open money opens new gates for to bridge gap between software world and block chain ,this is where OPEN Money comes in. They know all developers need a way to monetize, distribute and promote their products for B2B, enterprise-to-consumer software apps


Title: Re: Will Open Money make crypto go mainstream?
Post by: tyien07 on September 17, 2017, 08:41:12 AM
i hope this crypto will work and i hope it will last maybe lifetime <3 i like the idea you give free entires to new member , i want to see this crypto in the near future and ihope it go mainstream . more power to this crypto and continue helping people ^_^


Title: Re: Will Open Money make crypto go mainstream?
Post by: jaymmagne on September 17, 2017, 08:50:53 AM
The cryptocurrency technology can help improve the effectiveness in the world economy. This project OpenMoney is in the right track and it will be a huge success in the future. And it will be boom soon and go the top with all the crypto currecy.


Title: Re: Will Open Money make crypto go mainstream?
Post by: dizzy1996 on September 17, 2017, 08:53:35 AM
Good afternoon, as I consider an excellent project with great prospects, worthy of attention of large investors with an excellent team and good system, good luck with your company development


Title: Re: Will Open Money make crypto go mainstream?
Post by: kofe on September 17, 2017, 08:54:56 AM
 Open Money is building a developer centric API platform to facilitate mainstream software adoption of the blockchain, labelled the OPEN Platform.
Open Money wants to be the primary partner for all entities looking to utilize the blockchain and cryptocurrency. Much like how Oracle turned banks, governments, consumer services, and virtually every major business into initial information systems via the database, we intend to turn these same parties into the blockchain via our OPEN Platform. Our focus is to provide offerings into the applications and APIs layer of the blockchain stack, enabling us to interface between both business entities and the blockchain providing services around the ecosystem.
Open Money's mission is to foster the widespread use of cryptocurrency by initially targeting the software industry genre of both web and mobile consumer apps.
Open Money will initially act as a monetization support platform for all developers looking to take their software products from the fiat world and transition them to accepting cryptocurrencies across both web and mobile. Immediate and early features include a REST API and SDK focused on monetization abilities with support for all future forms of cryptocurrency.


Title: Re: Will Open Money make crypto go mainstream?
Post by: borishaifa on September 17, 2017, 09:04:35 AM
Re: Will Open Money make crypto go mainstream?
 "Will or will not?" - that is the question  :) Like Shakespeare says.
But I woul like to mention another moment here. Of course,it is important for this project to succeed, but... You know, it is much more important to open, to create and to promote them in order for those idiots from JPMorgan to blame bitcoin and cryptocurrency in the whole.
I will supprt any project that will make a step ahead, a step away from that old, yesterday's, fiat garbage.
And Open Money is well-organized project with good idea, good team and huge ambitions.
I am sure the project will succeed. In this case the answer at the beginning - doesn't matter.


Title: Re: Will Open Money make crypto go mainstream?
Post by: LimitlessAP on September 17, 2017, 09:13:20 AM
Blocking it is really cool! It is a pity that in our time still very few people know about this technology! Let's make this world better together!


Title: Re: Will Open Money make crypto go mainstream?
Post by: ineedlicense on September 17, 2017, 09:26:51 AM
Lots of people are wondering what the next big deal in crypto will be.

What will take us from lingering on the fringe and push this technology out where everybody is interested?

Here are a few ideas:

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

3. Non profit initiatives - will charity coins break down the barrier? Coins like 2Give are sure trying!

Anyway, what do you think?

Leave a comment below!


Don't forget decentralized exchanges, built on 0x protocol for example. This is a game changer for the industry.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Hyperme.sh on September 17, 2017, 09:38:32 AM
2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

They have at least two hen-egg problems which afaics (after skimming their white paper) they have no solution for:

  • Users of apps do not have the tokens and won't spend fiat to buy tokens when they can spend fiat directly in apps. Users have no incentive to go to Open Money's playstore.
  • Existing blockchain technologies can't scale (or are whale controlled future political clusterfucks (https://steemit.com/cryptocurrency/@anonymint/re-pfunk-re-anonymint-re-pfunk-re-anonymint-re-pfunk-re-anonymint-re-pfunk-re-anonymint-are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued-20170915t203706959z) that will have a low ceiling of growth due to fighting over the power vacuum) and/or are fraught future securities regulation which could make the tokens illegal to spend.

Open Money may end up needing to collaborate with my project in order to reach their goals. They claim expertise in creating apps.


Title: Re: Will Open Money make crypto go mainstream?
Post by: bakst2 on September 17, 2017, 09:54:30 AM

I think that all of you guys will get a project interesting, promising, to support the wake unequivocally and to recommend also to your friends and acquaintances.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Dron Pelya on September 17, 2017, 10:02:07 AM
I'm taking part at Open money airdrop now. I don't know how successfful this project will be. But I think it should be successfful. I saw that there is good team, and if they will work hard - there is will be great result.


Title: Re: Will Open Money make crypto go mainstream?
Post by: deeofficialx on September 17, 2017, 10:33:39 AM
Open Money might go mainstream, at first, but soon it will burst as it take place some other coins.


Title: Re: Will Open Money make crypto go mainstream?
Post by: miyukimori on September 17, 2017, 11:02:57 AM

I believe that this may well be. The crypto currency market is already making its way to the countries of the third world, and your idea is gaining popularity very much, therefore it will not be left out. Another question is how the government will treat the crypto currency.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Nurgalym on September 17, 2017, 11:29:19 AM
Thanks to the founders for the good product. I wanted to ask a question for my development team. With a large number of developer registrations, we can be at the bottom of the list, can we go forward on the top lines, perhaps for an additional fee?


Title: Re: Will Open Money make crypto go mainstream?
Post by: Bitcoinpatriot2017 on September 17, 2017, 11:40:02 AM
We long needed a concept like Open Money. A brilliant idea and I hope the same future is its embodiment, according to the roadmap at the end of 2018. I'm not going to sell my OPEN tokens. I think that in two years we will all use them in payment inside applications. The company will facilitate simplification of access to the market for both developers and users of applications. Even judging by the application of the bounty made in a competitive game form - it's very easy to take part and use Open Money. The company aims to simplify access to block chain technologies for all earth people. It's mailnstream anyway! :)


Title: Re: Will Open Money make crypto go mainstream?
Post by: xXLimbXx on September 17, 2017, 11:59:46 AM
I think that mainstream addoption is the most important condition that must be met for the project to be really successfull. Building of a big community is therefore very important and in my opinion Open Money is doing a good job in this field.


Title: Re: Will Open Money make crypto go mainstream?
Post by: webdeveloperium on September 17, 2017, 12:02:16 PM
We are still early adopters. The more applications and markets will support CC the more end users will get into the ecosystem. The easier and clearer the process of payments will be, the faster adoption process will move. And price volatility issues gonna vanish with time as capitalization of CC grows as more and more people involved. The future fall of some hyping ICOs will just put more oil into crypto-fire and make more hype and faster adoption :)
 What about open money - bringing together and organizing the people and resources necessary will facilitate the processes of adoption at higher rates. So definitely yes - it will help make crypto go mainstream.


Title: Re: Will Open Money make crypto go mainstream?
Post by: Mr.Lait on September 17, 2017, 12:03:10 PM
Very cool idea) i realy think soo) good luck


Title: Re: Will Open Money make crypto go mainstream?
Post by: illuminates on September 17, 2017, 12:09:13 PM
Mнe кaжeтcя чтo кpиптoвaлютa тoлькo в нaчaлe пyти. Cyдитe caми: ктo ceйчac в нeй? Пo cyти тoлькo пpeдпpиимчивыe люди. A вoт дepжaтeли aкций вcё eщё cидят нa cвoиx биpжax. Taк чтo я дyмaю чтo чepeз гoдик бyдeт oчeнь бoльшoй нaплыв нoвыx дepжaтeлeй. И этoт пpoeкт дoлжeн взлeтeть. Я жeлaю paзpaбoтчикaм тepпeния и ycпexa! Cпacибo вaм oгpoмнoe зa вaшy paбoтy! Я вepю чтo y вac вcё пoлyчитcя!


I wish success to the program and to persons who organized it. I hope it works out right. Thank you very much!


Title: Re: Will Open Money make crypto go mainstream?
Post by: fater11 on September 17, 2017, 12:29:11 PM
I believe that the Open Money project will help large people learn about the technology of blockchain and understand that the future is behind it, it will make many times in their life easier, but it is necessary that something happens that is spasmodic.


Title: Re: Will Open Money make crypto go mainstream?
Post by: DMSTEPANOV on September 17, 2017, 12:57:38 PM
I'm from Russia! This project deserves attention, since today the issue of Fiat's interaction with the crypto-currencies is important, bypassing exchange offices and maximally preserving anonymity in this sphere. Thank you!


Title: Re: Will Open Money make crypto go mainstream?
Post by: MarketMagic on September 17, 2017, 08:59:20 PM
2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

They have at least two hen-egg problems which afaics (after skimming their white paper) they have no solution for:

  • Users of apps do not have the tokens and won't spend fiat to buy tokens when they can spend fiat directly in apps. Users have no incentive to go to Open Money's playstore.
  • Existing blockchain technologies can't scale (or are whale controlled future political clusterfucks (https://steemit.com/cryptocurrency/@anonymint/re-pfunk-re-anonymint-re-pfunk-re-anonymint-re-pfunk-re-anonymint-re-pfunk-re-anonymint-are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued-20170915t203706959z) that will have a low ceiling of growth due to fighting over the power vacuum) and/or are fraught future securities regulation which could make the tokens illegal to spend.

Open Money may end up needing to collaborate with my project in order to reach their goals. They claim expertise in creating apps.

Why would you collaborate with ICO?I thought all ICO's will face future regulatory issues?...welcome back  ;)


Title: Re: Will Open Money make crypto go mainstream?
Post by: MarketMagic on September 17, 2017, 09:04:54 PM
Lots of people are wondering what the next big deal in crypto will be.

What will take us from lingering on the fringe and push this technology out where everybody is interested?

Here are a few ideas:

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

3. Non profit initiatives - will charity coins break down the barrier? Coins like 2Give are sure trying!

Anyway, what do you think?

Leave a comment below!


Why does presale need ethereum address?RACISM towards BTC peeps  >:(


Title: Re: Will Open Money make crypto go mainstream?
Post by: Hyperme.sh on September 17, 2017, 10:58:33 PM
2. Consumer Apps - projects like Open Money (http://go.openmoney.digital/web) are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

They have at least two hen-egg problems which afaics (after skimming their white paper) they have no solution for:

  • Users of apps do not have the tokens and won't spend fiat to buy tokens when they can spend fiat directly in apps. Users have no incentive to go to Open Money's playstore.
  • Existing blockchain technologies can't scale (or are whale controlled future political clusterfucks (https://steemit.com/cryptocurrency/@anonymint/re-pfunk-re-anonymint-re-pfunk-re-anonymint-re-pfunk-re-anonymint-re-pfunk-re-anonymint-are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued-20170915t203706959z) that will have a low ceiling of growth due to fighting over the power vacuum) and/or are fraught future securities regulation which could make the tokens illegal to spend.

Open Money may end up needing to collaborate with my project in order to reach their goals. They claim expertise in creating apps.

Why would you collaborate with ICO?I thought all ICO's will face future regulatory issues?...welcome back  ;)

Their tokens will be entirely useless in the long-run. It's entirely a speculation token for exchanges, if it doesn't get banned before speculators can cash out. Their token will never be the token that is used by apps. I presume they will pay out their revenue as dividends to token holders?

They can collaborate on my project and spend their raised funds without encumbering the token on my project. That is if they are serious about achieving their objectives. They might however just be the same as every ICO in taking the money and doing some useless shit and then doing another ICO project later. Wash and repeat.

I'm proposing a decentralized alternative (https://bitcointalk.org/index.php?topic=2145300.msg21922132#msg21922132).

I'm not against fundraising as long as it doesn't encumber the token of the decentralized ledger with securities regulation (which I believe will ultimately be a kiss of death for the token). Any way, Open Money is not making a decentralized ledger token for apps. They will accept ETH, BTC, etc.. Their token is just like a share in their company, with some useless hype about the token being useful in the apps.

I'm trying to figure out now how to organize a fundraising for a corporation that will produce apps (https://bitcointalk.org/index.php?topic=2145300.msg21922132#msg21922132) for my project, so it would be similar to Open Money's token in that dividends from apps would be paid out as dividends, but I wouldn't be lying to speculators about those shares becoming utility tokens in the app. Also Open Money intends to leech as a parasite on all apps, but the free market will route around their proposed fees. Instead I propose that the corporation would build apps and charge users fees directly, thus the fees can't be eliminated without replacing those apps (which if they have first mover status, are unlikely to be replaced). However, I might be open to the tokens trading on exchanges, if it doesn't get into legal trouble. But unfortunately I think there is no way to issue tokens which can become tradeable on exchanges without the issuers being culpable to future criminal proceedings. Refer to the blog I cited before in the Filecoin thread (https://bitcointalk.org/index.php?topic=2159815.msg21676934#msg21676934):

These are non-trivial continuing compliance obligations which are of fundamental relevance for cryptocurrencies – keeping in mind that a blockchain is traditionally the back-end of a fully automatic system designed to facilitate the instantaneous peer-to-peer transfer of digital property (meaning it’s likely to be classed as “interstate commerce”).

...

If however most of these tokens are investment contracts in the end, we know that due to the impact of the securities laws that registration is more or less the only thing we can do in order to operate a company coin within the bounds of US law. Distributing tokens with the knowledge that a crypto exchange might download the client and allow existing token-holders (to whom the tokens were privately sold) to list and start trading the tokens could see pre-sale purchasers deemed “mere conduits for a wider distribution” and see private offering status lost.

...there is also a non-zero risk that coin offerings will be classed as MLMs of some kind that are

Quote
   “organized and operated in such a manner that the realization of profit by any participant is predicated upon the exploitation of others who have virtually no chance of receiving a return on their investment and who had been induced to participate by misrepresentations as to potential earnings.”

When the current bubble collapses (and it will), this last point might become more relevant, particularly if n00b bagholders grab their pitchforks and start asking Uncle Sam to get involved so help them get their money back. Which, if these are investment contracts, is a request aforementioned bagholders will be perfectly entitled to make.

If this happens, although the SEC will stay in the loop, the really exciting action will be in the domain of the tort lawyers and federal and state prosecutors working in tandem with the FTC. See, e.g., the recent case of Josh Garza and GAW Miners (which involved fraudulent misrepresentations relating in part to a cryptocurrency called Paycoin). Although in the civil enforcement action the SEC got a $12 million default judgment, the U.S. Attorney got a guilty plea for one good, old-fashioned count of wire fraud. No Securities Act required.

Note that if this interpretation is adopted, some state laws cast a much wider net to penalize participants than Section 5 of the Securities Act of 1933 does.

It's not only the USA. For example, see this for the UK (http://www.legislation.gov.uk/ukpga/2000/8/section/21).

Potentially a tremendous amount of hurt is coming to these issuers and their promoters (affiliates). And to speculators that get caught when the bubble pops as the authorities crack down. Warnings have been issued but speculators are determined to get their finger tips burned up to their armpits, because they are salivating over the 10X gains from selling bags to greater fools. Wise investors will avoid this and transition their crypto investments to legally structured investments. And to projects which aren't just useless hype. Because when the bubble collapses, those projects which are genuinely building market share are the ones which do not go to zero.

We're at a fork in the road. Choose wisely whether you want to heed recent warnings by the authorities or not.



Purchases made with the OPEN Token will receive
a premium value compared to other digital currencies

Users will never use their token, regardless of the discounts offered for using it. They know this, and this leads me to believe they are scammers, because they damn well know they are lying. They are creating some useless hype, which can not possibly come to fruition.

Only users who already hold tokens will spend them, and all the token holders of any cryptocurrency are speculators who have no interest whatsoever in playing games and apps.

The problem of mainstreaming cryptocurrency is about distribution. We need to get the tokens into the hands of the masses without asking them to buy the tokens. That is the major challenge. That is what I am working on. Once we have a million users with tokens, then the apps will come. Building app infrastructure without onboarding users, is not going to produce any result other than to have an app infrastructure ready for which every project accomplishes the onboarding.

Also the type of apps created is very important. The apps need to have some unique feature which can only be accomplished on a decentralized ledger, so that the apps aren't duplicated by non-decentralized ledger apps on more popular mainstream playstores.

I have put a lot of effort into designing all of this. I have very detailed private documents.

Btw, has anyone even vetted the claims of Open Money's devs about their past accomplishments? Are they hyping some useless shit they produced in the past? I haven't vetted it, so I am skeptical.


Title: Re: Will Open Money make crypto go mainstream?
Post by: speaktome on September 17, 2017, 11:29:44 PM
I believe that the Open Money project will help large people learn about the technology of blockchain and understand that the future is behind it, it will make many times in their life easier, but it is necessary that something happens that is spasmodic.
At this point,the blockchain technology is still in its infancy,and although I still can not say how it will influence to the people in the future,still has many problems to solve.


Title: Re: Will Open Money make crypto go mainstream?
Post by: jnow on September 18, 2017, 03:54:02 AM


My email exchange with the Open Money team leads me to believe they are a scam.

There's no way I would put any of my real money into it.



Title: Re: Will Open Money make crypto go mainstream?
Post by: BeastLee on September 19, 2017, 09:49:10 AM
I'm taking part at Open money airdrop now. I don't know how successfful this project will be. But I think it should be successfful. I saw that there is good team, and if they will work hard - there is will be great result.

What airdrop? Where is this airdrop, I might want to join too