Bitcoin Forum

https://i.imgur.com/h5beMrv.png (http://www.goodomy.com)

'Goodimization' has the potential to level the playing field considerably by allowing small businesses to offer discounts without losing profits. It does this with its unique Fiat Mining process that allows any small business to not only reward customers with virtual currency, but to accept rewards from customers for offering their items on sale. Using this process via our Goodomy app, both online and offline stores can offer even more competitive pricing than the biggest online or offline stores, all without interruption to the normal retail process. Even Amazon sellers can use Goodomy to potentially sell more than they would have without it.

https://i.imgur.com/XXjAPHS.gif


Using the Goodomy app, we can refine GOOD tokens into something far more valuable to billions of potential end users: cash flow. This isn't just cash flow for businesses but everyday people having more cash flow from the savings they will realize using Retail Mining. Here's a crude analogy:


https://i.imgur.com/ZVJPI8L.jpg

While other projects are busy making kerosene, Goodomy is busy making a new kind of thing called gas. Kerosene was a huge market before gas, of course, but once people figured out 'gas' the world was never the same.

In this way Ethereum tokens are like crude oil. We can either use tokens as they are (like using kerosene for lamps) or refine them into something far more valuable to both business and the average person: cash flow

• People want more money in their pocket
• Businesses want more money on their pocket

Goodomy can do both

https://i.imgur.com/pjZglCD.jpg

Goodomy. A project from the creator of the first ICO.

The creator of Goodomy also created the world's first ICO, Karmashares (for Karmacoin) in Aprll 2014.

JR Willet of Mastercoin is often cited as the "inventor of the ICO". However, according to JR Willet's post on Bitcointalk (as user 'dacoinminster'), "MasterCoins are intended to be an investment opportunity on par with buying bitcoins when they first came out....Bitcoins raised in the fundraiser are being used to fund the development of software implementing the MasterCoin protocol. The fundraiser was structured like a kickstarter, but it is also an investment. If we're successful, the purchased MasterCoins could be worth a tremendous amount of money someday."

According to their original whitepaper (https://github.com/OmniLayer/spec/commit/6ff836c939bb2ffbaa752ce5992ac6e97a1bdff6?short_path=04c6e90#diff-04c6e90faac2675aa89e2176d2eec7d8), the "Initial distribution of Mastercoins will essentially be a fundraiser to provide money to pay developers to write the software which fully implements the protocol."

Unfortunately, a "crowdsale" is not the same as an "ICO". Crowdfunding is merely a method of fundraising, whereas an ICO raises coins for both capital and as a representation of ownership interest in an enterprise, like a digital stock certificate. We referred to our new model as both POC (proof-of-coin, to secure the coin's economy) and IPOCOs (Initial Public Offerings for COins, for subsidiaries or derivatives). In fact, we even had digital certificates to go along with our list of owners as well as bonus periods for earlybirds.

The intention of Karmashares was to provide ownership interest in the enterprise and a decentralized means to manage it to the Karma community, not merely to raise funds. Because of this ownership interest by means of a coin, it thus meets the definition of "initial coin offering".

MaidSafe's crowdsale was announced (https://finance.yahoo.com/news/maidsafe-crowd-sale-begins-april-074343744.html) on April 21, 2014, three days after Karmashares and Karmashares IPOCOs (Initial Public Offering for COins) launched and twelve days after Karmashares was announced. The crowdsale raised both Mastercoins and Bitcoin. (And, interestingly enough, a Karmacoin team member was the 2nd person to post on the official Mastercoin Foundation thread (https://bitcointalk.org/index.php?topic=558012.0), complete with signature talking about Karmacoin.)

Here is my post (https://www.reddit.com/r/Karmacoin/comments/22mid6/should_karmacoin_incorporate_and_issue_shares_to/?st=jalzllrl&sh=2b499f38) that proposed the idea, and our efforts to reach out to other coins (http://archive.is/abv5w) to spread the news about how effective it had been in such a short period of time, and 'burned' unallocated shares.

Cointelgraph also reported (https://cointelegraph.com/news/karmacoin_becomes_first_cryptocurrency_to_issue_shares) on it.

https://i.imgur.com/sUWbcvK.gif (http://otol.com/)
https://i.imgur.com/t7MoFnw.gif (http://otol.com/documents/whitepaper.pdf)
https://i.imgur.com/g8t0HV8.gif (http://otol.com/)

What is OTOL?

OTOL is a platform for the 'internet of actions' that enables people to do the things they want or need to do, and also expand the possibilities of what's possible. Our goal with OTOL is to make it easy to create and use an action market for every person, place, and thing in the known world and allow anyone (or anything) to perform action-based transactions with those markets using OTOL tokens.

Your site telling that all the transactions in Shopomy are 100% free for both buyer and seller, so, where would you get your revenues, your operational expenses to make you stand and stay operational?

Yes, correct. Sellers have the option of upgrading their product listings for a fee. In future, there will be other sources of revenue.

We will also cover operating expenses from token sales, as well as OTOL market participation.

OTOL is a platform that solves a basic human problem: not being able to get something done. It provides a
way for people (and things) to leverage the wisdom and abilities of the crowd using cryptocurrency-based
incentives to:

• perform actions
• get help with something
• get the best response to a request
• share ideas
• get advice

The ‘perform actions’ aspect of OTOL is where the platform will distinguish itself. It will allow any living
or non-living entity to place a bounty to have an action performed by something or someone else.

This could be:

• a company creating a contest for new slogan ideas and is willing to pay 4,500 OTOL for the best
one
• a website that automatically creates a bounty for a security patch when new vulnerabilities are
found (32,000)
• a person creating a bounty to have their house painted (30,000)
• a park that automatically creates a bounty for someone to clean it when locals complain about
trash (1,500)
• a person looking for the best tax advice for their particular situation (6,000)
• a small business trying to find a supplier that can deliver a good-quality widget under a certain
price point (7,000)
• a research facility looking for genetic experts to give brief reports on the genetic aberrations found
in head and neck cancers particular mutations (97,000)
• a startup needing API documentation (50,000)
• a hospital needing medical records transcribed (35,000)
• a legal firm that automatically creates a new contest when it needs to find lost heirs of real estate
owners (22,000)

the possibilities for using OTOL to get stuff done are endless

Ah, I see. So there would be more additional services and privileges for the upgraded members? This project seems to be interesting and since you are just in the early stage, we could expect more features that will help the sellers while doing their business within your platform?

Most of the services would be free for everyone, but there would be some additional paid benefits later on.

In the beginning, users will just have the option to upgrade their listings.

Interesting project, but why there's no one trading with your coin. Your volume on exchanges is so small. I am afraid to buy your coins for that reason.

On your platform will be provided for the location? For example, if I want to use your app for my online store, will it be possible to orient users to the location of the warehouse within the city?

Indeed. Sounds like an opportunity :)

But I usually tell people to wait until we have a working product. No need to hurry, especially in this environment.

However, I recently completed the whitepaper and have submitted our application to a couple of larger exchanges.

We're approaching liftoff, so it's good to prepare.

Shopomy will be for local retail sales, so you'll be able to type in the address to get the map up on your listing.

Listing is quite simple and one can go from installing the app to having a couple of listings up and running in 4-5 minutes.

Posting to watch the new thread. Thanks for your dedication! Can't wait to see the news~

My pleasure. And thanks for joining.

News will just be a press introduction to Goodomy. But we've positioned our approach and also products to appeal to more mainstream publications.

I like this project, how to join in the airdrop?

Thanks. Most OTOL tokens will be airdropped to all GOOD holders. The first snapshot is in a couple of days, on the 31st. You can find out more info on the OTOL website.

GOOD to see you keep up your pace :)

Thanks. I'm happy to work in this 'calm before the storm' period!

Interesting project, but why there's no one trading with your coin. Your volume on exchanges is so small. I am afraid to buy your coins for that reason.

Will you require everyone who will use your platform to have some of your tokens to be able to use your platform? Does this platform available even for those who don't have knowledge about crypto?

No worries. You can wait a year or so. We should be on Binance then :)

But of course we are full steam ahead on development, release, and marketing regardless of what exchange we're on.

(And, by the way, with our Shopomy app consumers will be able to bypass exchanges altogether)

That being said, I did apply to a couple of bigger exchanges after the whitepaper was completed. These things take time, of course.

No, no tokens needed. They will be useful, of course, but tokens are too complicated for the average person to think about.

Both Shopomy and OTOL are being designed for people that know nothing about, or care about, crypto.

We will not market ourselves to the crypto community. Our focus is the average, everyday person who has some experience with internet and/or mobile phones. That's our market.

By the way... near-instant confirmations is one thing that we were looking for with the -DAG part of the solution for Shopomy. But EOS might actually be so awsome as to offer it on release in June.

Crypto is used to having 1-60 minute confirmations. Ethereum has been pretty good lately with faster and cheaper transactions.

But that's not good enough for us. We want 1) instant; and 2) free transactions. It will beat a 3 cent transaction that takes 12 seconds each and every time. That's what consumers will want, too.

During Shopomy testing a few days ago I sent some GOOD over. It took about 12 seconds. I did the same thing a few minutes later and it took over 40 minutes from start to finish. Consumers want the same transactional experience each and every time. That's why Ethereum is good for now, but is just a stepping-stone.

EOS might give us all that, and more.

Announcing the Goodomy Ambassador Program (GAP). A worldwide, street-level marketing effort to help make Goodomy #1!


http://goodomy.com/goodomy_ambassador_program/

I read all your whitepaper, it's good  8) 8)

Thanks. I wanted to write something that users could actually understand. So many crypto whitepapers are written for math professors it's easy to hide bad solutions within them, no one the wiser.

Quick dev update.

We're currently 0 days behind schedule. We're making lots of great progress!

Feature list will come upon app release :)

But I can say that yesterday we tested the Goodomy-to-Shopomy transfer and it is working fine.

More to come!

When does the project begin? :o

Both Shopomy and OTOL have already begun.

Shopomy is scheduled for release May 24th, in a few weeks.

OTOL should be ready by September.

as I read it the information above in this project,it looks like a potential one.

I would like to know more about the team who are behind this because no profile links are available to get more details.

Thanks.. We'll know soon enough!

There are 9 of us, including myself. However, I am the only one directly involved in the crypto community. As we are really developing more of a consumer company rather than focusing on the crypto market, I have chosen to shield them from the 'Wild West' aspects that plague crypto far too often. It also helps Goodomy to draw from a more broad (and refined) talent pool who are more professionally involved in consumer products and solutions.

When we have actual products to show and have hired full-time staff, then I will leave it to the discretion of the future Board to determine how transparent the team (other than myself) should be.

(Keep in mind, though, that a lot of 'teams' you see in others don't actually exist in the way they are being portrayed. Many are paid in tokens for their 'role' but don't actually do anything, or are simply made up names and backgrounds. You can easily fake a team for an extra $200M market cap. That's why we're focusing on an actual product more than anything at these early stages. Lots of tokens have 'teams', but how many have actual working products? A good product can't be faked. That's what will distinguish Goodomy.)

These two comments are probably the most important out of both of these threads.

This is what so many crypto platforms don't get. They are focused on crypto investors and the crypto market.  This is a big world and brick and mortar retail as well as mobile users are gigantic markets.  Glad you are focusing on the big picture and staying away from the crypto craze.

Yes, that's essential. And it's good for us that nearly every crypto is blind to it :)

I would like to know more about the team who is behind this one. can you give me some?
merculet

Please check out my response from a few days ago regarding this: https://bitcointalk.org/index.php?topic=3223214.msg34740719#msg34740719

A team is nothing without results, and the best result for a new project is an actual product.

There's myself (involved in crypto for more than 4 years now, posting here for nearly 4 years; creator of the first true ICO) and a few others who aren't directly involved in crypto. We'll release an actual product first then expand the team with full-time, salaried staff after. As we'll be more consumer-focused, we will probably follow the way of other consumer companies and just list management on the website rather than everyone.

It’s a promising project. But I feel your website is lacking of marketing, I think that more merchants will acknowledge your project. :)

Thanks for the input! Merchants will go to the Shopomy website. The Goodomy website is more for the crypto community, but eventually it will evolve into something more consumer-facing.

Note that we are withdrawing our application to list on KuCoin.

https://shitcoinoffering.com/kucoin-crouching-token-hidden-team/

Yeah, it's a good decision not to list your token from that shit exchange, I have some experience like on what they said on that article, Kucoin is stealing our balance and even if you enable the google authenticator, your e-mail will keep you sending notices that someone with different IP has been logging in to your account, that happened to me twice, I changed my password but it happened again. Damn that exchange.

Yeah, I'm happy that we didn't apply earlier to KuCoin. We would have probably lost $75,000.

First draft of our window stickers for all the stores, restaurants, etc that Ambassadors will register

https://i.imgur.com/EzJF4s6.png

Direct link: https://i.imgur.com/EzJF4s6.png

Any update on shoponomy App?
Also I gone through website that says OTOL will be airdrop to "GOOD" holders if they have good on there wallet before feb 27 ,2019. So when you will take (which day) snapshots of the wallets? In current statement it look like if Holder just do to and froth in his own MEW wallets, he will eligible for OTOL in all MEW wallets?

shopomy beta is out in the google play store for testing.

the snapshot days are posted on the roadmap.

just hold good token in your wallets to quality for OTOL tokens.

Shopomy is being tested now.

It will be public next week, most likely. There will probably be no announcements.

We will begin in 3 major cities around the world. My personal goal is to have 850 active users by the end of the month.

We're still in 'stealth' mode, so to speak. (Our focus is consumers, not crypto)

http://www.shopomy.com

Thanks.. yes, all the info is there. Any questions just ask.

Thanks, I got it now. I did not expanded the roadmap then.

Got the app  in google play store but why "Phone Number" required to login?
At least browsing in the app should not ask for phone number.

It was designed so that each user has a SMART account already, when they log in. Most times, 1 phone number = 1 user, so this helps to prevent cheating and abuse.

Without a phone number users would miss the most essential feature of the app. Nobody cares about listings by themselves. There are plenty of other apps that do that. People want the meat, which is the SMART account that makes the listings meaningful.

I'll put up some screenshots in a few days when we go live.

Why is there no secure connection https on the goodomy.com website and a warning about problems with the security certificate? And this is in all browsers.

Curious. What would the benefit of SSL on Goodomy.com be? It's just a simple website. The warning you are getting is because the certificate is issued in the name of the host, but the website itself doesn't use SSL. If you know of an https link to Goodomy please let me know.

"If you have a blog with no products, no memberships, no nothing except blog posts and maybe a contact form, SSL would be a waste of time, effort, and money." - nutsandbolts.com

If you're uncomfortable putting in an email address for the newsletter signup, feel free to send an email

I'm not sure that's a good idea. There are currently less than 40 people holding more than 1m tokens, either only they are rewarded or it'll lead to a pump and dump situation, especially when you also sell some part of your reserve for funding. I see you're underfunded due to a lack of volume, but I'd still try to come up with some other kind of solution. Whale bonuses are generally unpopular.

We'll see if the number changes from 40 by that time. But what Goodomy is has not been seen before in crypto, so our first assumptions are likely to be mistaken. We must look more closely.

I would anticipate more large holders converting their tokens to GOOD $, not selling tokens in a low volume market. Someone with 30% more tokens has basically two choices: hold, or convert. If someone still has 1M+ tokens right before launch, they're not getting rid of them anytime soon.

We cannot consider the 30% bonus by itself, but in combination with the current favorable exchange rate.

The current token-to-dollar exchange rate is a 'bonus' for everyone, even those with just 1 token. The bonus here would be over 30,000% if the exchange rate is 1 token=GOOD $0.01. The more popular the app becomes the lower the exchange rate might be.

1M tokens = potential 30% bonus* (~40 holders) = "whale bonus"
1 token = potential 30,000% exchange rate bonus* (200+ holders) = "fish bonus"

*this does not represent profit, as no profits are to be made with utility tokens like GOOD

And that is to say nothing of the possibility of more people obtaining tokens before the snapshot date, which could increase demand for tokens, benefiting those with just a few tokens.

Would it make sense to provide a bonus of 30% more Bitcoin (to those with more than 1 Bitcoin) if it ended up increasing the value of each satoshi 50% or even 300% from increased demand? Would it cause those with 'almost' 1 Bitcoin to get more? Or someone who has been sitting on the Bitcoin sidelines to jump in with a big order? Who knows.

This isn't Bitcoin, though. it's Goodomy. And nobody else is using exchange rates like we are. This changes the dynamic completely.

It's also a good idea to reposition any weak hands before launch. Anyone who is holding at the end of this month is probably a firm believer in what we're doing, and might have a good idea of what the strategy is. If one person has doubts because they saw someone else "dumping" $15 worth of tokens, then crypto is probably not suited for them.

But I know that's not you, because you've been around for a while. Then you should know this.. We're not playing checkers here :)

Curious.. what do people think is a good minimum?

500,000?

250,000?

Your input is appreciated!

Hi,

Considering the prevailing prices of Goodomy on the exchanges, the 1M threshold will be futile in encouraging new users into buying the token to avail of the bonus. (Prices translate to a minimum of 8.5 Ethereums at 0.00000850 ETH which is more than 6K USD at the current rates on the low end)

Since you will still send 30% of a value, why not lower the figure down to 10,000 perhaps? Around 100 USDollars of investment will not be too much for many new users to put into Goodomy ecosystem.

That and some marketing may get enough additional funding as you need.

Hi. Thanks for your input! We're not looking for funding, actually.

We can't do much about things price-wise. The number that would be chosen is arbitrary and independent of price.

It's more of a determination of how much time it would take for me to either 1) develop a script that can make the transactions, or 2) do it manually.

A minimum of 50,000 tokens for the 30% reward is fine for me (time-wise)

However, it would mean that the snapshot would happen around the 20th in order to give me a few more days for all the transactions to be completed before the OTOL snapshot at the end of the month.

There's never going to be a number that everyone would like (nor should there be) but I'm not set on any one particular number. Heck, there are even some that don't want the extra tokens  ;D

I never moved my GOOD since mid 2017. Your points are valid, I agree.

/e: just to be clear about that: I didn't make that comment because of my holdings, I'm quite comfortable. I was just unsure if that's actually helping liquidity in the long run or if its just a band-aid for a short term increase, which is exactly what we don't want. I didn't do the math on the order books, but at the current liquidity I guess if only a handful of people get 1m tokens the price will increase sharply which will effectively make others hesitate to jump in. It makes sense to facilitate smaller trades for volume increases, otherwise we're stuck with expensive tokens and no liquidity. It wasn't my intention to reach or increase the bonus. Maybe it'll attract more people if the threshold is lower though, people are usually trading smaller sums on Coinexchange (the others don't matter anyway since they're not even listed on CMC). How about stacking the bonus? That's not as harsh as a pure whale bonus. Like (completely arbitrarily chosen)
10,000 GOOD - 5%
100,000 GOOD - 10%
500,000 GOOD - 20%
1,000,000 GOOD - 30%
Not sure if that reduces the reserve too much.

/e: edit²

I think what we may do is this... (I will decide tomorrow)

1) 35% bonus to token holders with more than 50,000 tokens on a May 20th snapshot, to be distributed sometime between the 21st and the 30th. This is halfway between the 30% that I think would work best for the Shopomy economy and the 40% our economist thinks would be best. An earlier snapshot provides me with more time to make the additional distributions.

2) All app testers who have exchanged more than 50,000 tokens will also get the 35% bonus for any tokens they have exchanged on May 8th or before. This means if you exchanged 100,000 tokens  you will get 35,000 tokens in the wallet that you exchanged from. (And thanks for testing this feature!)

-However, there were 4 transactions from coinexchange to Shopomy. If you did this, you just need to send me a private message and I will confirm your wallet address and all will be well

3) If you hold tokens on CoinExchange you won't be able to receive the reward (as they transfer it to a cold wallet that belongs to them). They will need to be in a wallet that you control, like myetherwallet.com

Huh, I didn't realize the app can be downloaded already, cool  :o ;D

It was never a whale bonus, but I suppose it could be perceived as such if the minimum is 1M. 50,000 is a much lower number, but it's still large for some.

Here's what I assume...

A) At least 15% of people who receive the reward will convert tokens to GOOD $; and
B) A further 70% will hodl; while
C) the remaining will want to sell their reward but won't be able to until there is far more volume; and
D) Some on the sidelines may be prompted to participate in the Shopomy economy

Assuming 15% conversions, at the current exchange rate this would represent an additional $72,756,680 in the Shopomy economy, distributed around the world from what would probably be productive and enthusiastic users. Not within 2-6 months, but more or less overnight.

I don't see it as a 'whale bonus' or even a token bonus so much as an injection of GOOD $ into the Shopomy economy into the hands of people who are most likely to find ways to use it. Some will create their own markets or even find new ways to transact with GOOD $

I'm still inspired by McDonald's and how they have done things from the start. To use an analogy, this would be like the corporation providing $1M to each of 500 franchise owners for them to make improvements and come up with inventions like the Drive-Thru and more efficient systems. They'd be injecting their franchise owners with passion, rather than using the $500 million to give everyone a free burger. Most people want the free burger, of course, because they don't understand how it's better to give to franchise owners so they can benefit from Drive-Thrus later on.

Yes. It's in beta now.

Curious. Wouldn't that be considered a "whale bonus"?

We'll go with 35℅ for all wallets of 50,000 tokens or more on May 20th. I will announce it later on today to confirm the details.

Installed the app now, pretty cool https://s.kaskus.id/images/smilies/sumbangan/47.gif
Gonna look into it more throroughly this weekend.

To buy 50,000 good token is investment of $500 and I am following this token for a couple month and its average volume in Coinexchange.io is around $250.  I do not think even after your announcement of 35% bonus caused any stir for purchase of this token.
so 15% conversion will bring 72 million dollars (as you assume) or will crash the price at sub satoshi levels (as I think.)
I do not know what I am missing here?

if you want to rewards early investor, they automatically get rewarded when company/product become valuable.


Might be  McDonald benefited by Drive through (But they are surely not the one to invent it.)
I still feel you have good concept/product but still is not reaching to masses. I think instead of giving bonus you can use this for marketing.
Like $5 worth of Good token for downloading shopnomy app. or use of signature campaign here.
I think this will help to reach crypto masses easily here in turn we can reach there family and friends and ultimately to masses.

Current scheme ask for minimum investment for $500 for any bonus and cryto currencies are too volatile, and if price crash then this 35% bonus means  nothing. I Will suggest to reach more to masses with the funds you currently set asides for bonuses.

I wish you all the luck.

 

The project is really very interesting and promising. I would say even unique. It has a bright future. The only one thing I'd like to pay attention to is social networks activity. It is very low so far while it's one of the most important point in marketing strategy. It's can't be omitted
egretia

For me, this is really an interesting project, because the contract with Goodomy is very promising, success in development.

Good. Thanks!

Goodomy isn't an investment, of course. It's a utility token. We are not "rewarding early investors" but allowing people to exercise greater utility on the platform.

Our product hasn't launched yet. That could be why you feel it is " not reaching to masses." Our market is consumers, not crypto. That's where we are devoting our efforts.

Thanks for your input, though!

We haven't launched yet. Because our market is consumers, there'd be nothing for them to socialize about until there is something for them to actually use.

Yes, a lot of coins build up hype before launch. There is often good reason to do so, because there is a tremendous amount of competition in cryptocurrency right now.

But we currently have no competition. Big difference.

Other coins are free to hype themselves all they want. Consumers don't care about what they are doing. (The proof is that cryptos aren't used by everyday consumers)

When you see a Goodomy commercial on national television in a prime-time spot, then you will understand what I mean :)

Thanks for your support!

Introducing two 'world firsts': Retail Mining (REMI) for Consumers, and Duplex Transactional Currency

http://www.shopomy.com/2018/05/13/the-worlds-first-retail-mining-platform-for-consumers-and-small-businesses/

If an account tries that swap(Good to Shopomy Dollars) in Shopomy how long will the account wait to have the updated amount?

The system waits for a transaction to have 10 confirmations which usually happens in under 5 minutes. The average time from sending a token to having it credited seems to be about 2-3 minutes, but that could also depend on Ethereum network congestion.

Then I could say I have a trouble, I sent the good tokens last night and the account has not been credited anything until now, after about 16 hours... can you pls look into it? Thanks.

Apologies for that. I can see that a decimal code was generated for a transaction but it expired before confirmation.

The Ethereum network is a bit congested now according to ethgasstation.info (gas price is also quitehigh) so the code probably expired before the block confirmations. I've pushed it through for you.

Do you happen to know how long the transaction took to show up on Etherscan? Maybe we need to increase the code expiration from 1 hour to 2-3 hours.

Этo мнoгooбeщaющий пpoeкт :)

Thanks!

On Etherscan the transaction showed within minutes... I don't know what went wrong, anyway, thank you for pushing it through for me, increasing the code expiration won't hurt too.

I have also invited some people I talked with to try Good and Shopomy, I hope they will do so.

Thanks again for letting us know about this. We'll increase the time and check for other errors.

And for spreading the word about what we're up to! Cheers

Thanks. A lot of crypto talk about doing this but it's just talk. We're actually doing it  :)

Hi,

What do you think about the Android version compatibility? Will there be critical security issues or feature failure if you make the apps backward compatible with at least Android V4 or lower?? That will open up to many more users who are holding on to their older phones ....

Hi. Shopomy is built for 6.0 and above, due to some of the features, but works fine on 5.1 most times. This makes it available to about 75% of all Android users, though it's not compatible with certain devices and those with custom ROMs.

If we make it available for 4.0 a number of its features will either be slow or disabled. Have you tried it on Android 4?

 There are some who tried and the app won't even show up in the app search of their devices.

Google probably limited the display and download to those whose devices are compatible. We wouldn't be able to make it available for the ~21% percent of users using less than 5.0 without taking out some essential features, unfortunately.

Very nice and interesting project,I like with this project
Egretia

Yes, we're only getting started. 2 billion consumers that use Android phones are waiting for us!

(Keep in mind that at just 1 million Shopomy users, Goodomy could very well take the top spot from Bitcoin!)

Does the project already have competitors in this area?
egretia

No. It's an entirely new kind of economy for retail transactions. 'Retail Mining' and duplex transactions are both a Goodomy first.

The closest competitors, from all that I know, would be Amazon and WalMart. However, it is possible for a retail store to offer prices on Shopomy that are much less than WalMart (using REMI) and still make a good profit.

Thanks. Please let us know if you have any questions.

 Can you please make a video explanation of this diagram, showing both sides of the transaction and how it will be done in real life.

Millions of people buy GOOD tokens ?

It's in the works. (Yeah, the video would make it much easier to understand)

If there are 20 million users I'm guessing about 5-12% would do that. The rest would obtain dollars in other ways.

But a smaller percentage of a very large number is still a very large number, in some ways.

Really exciting project. But for some reason I think that it may be inefficient for traders whose goods lists are regularly updated since they have to pay for it every time, and as far as I understood, those list upgrades are the main revenue source for you so the price will be substantial. And is the number of the tokens fixed?

My question is : if they don't need GOOD to obtain GOOD Dollars, what is the utility of GOOD token ?

Well, I think I understand in some way. Looks very interesting. And will the GOOD rewards of the customers be timeless or do they have to spend them in some period of time?

Thanks.
All listings are free. However, if the business wants to display a photo/video on the main results page it will cost them a certain amount of GOOD dollars that depends on either the cost of the item being offered or the discount they are offering.

This serves two purposes: to encourage higher discounts, and to get people to post higher-quality images (because they are rewarded GOOD dollars for every like). These costs can be dropped to 0 if need be, without affecting our bottom line.

While the number of tokens is fixed at 888 million, the number of dollars is tied to the value that each 'node' brings to the network. (This keeps $1 GOOD able to be used alongside USD $1)

Although users can earn dollars by signing up or referring friends, the amounts of these rewards are small in comparison to the needs of business.

A store or restaurant, for example, may need tens or even hundreds of thousands of GOOD dollars to work with.

The majority of users won't bother with getting dollars via token exchanges. However, it might be that most dollars, by far, are obtained by businesses exchanging tokens.

No, the value of their account never expires. (And there is no need to use any within a certain amount of time)

It's an interesting question that I'm sure many users will ask. I'll put it in the upcoming FAQ.

Just a reminder: The date of the snapshot for the 35% token bonus was changed to May 20th (at 12:01am UTC). The minimum for the bonus was also changed to 50,000 tokens.


http://www.shopomy.com/2018/05/10/the-one-time-35-reward-for-good-token-holders/

It certainly does! Thanks!

Hi,

considering that there is the possibility of "earning" through the app, will there also be a way to withdraw those earnings into fiat form if the need arises?

Also, how will the account be recoverable in case of a SIM or phone loss(when the original number used to install the app is not possible to be used again) in which the account was installed?

Unfortunately, no. As a 'non-convertible' currency it will not be able to be converted into fiat. It is meant to co-exist with fiat currencies rather than be converted into them.

The upside of this is that we will have the only such hybrid currency in the world. There is only one way to do this legally (at least in the US) and we've figured out how.


You would install the app on another device and login with your old number and password, then click 'Change Number' from your settings.

Note: Shopomy 'Quick Start' Guides Have Been Added to the Website

http://www.shopomy.com

Next we'll be adding ome content to the FAQ section. Let me know if there are any questions you think might be good to answer. Thanks!

What are you researching with this coin?

While we see a direct credit of 30 Good Dollars in our account for every sign up that uses our REF CODE, is there also a credit coming from the other "generations" of sign-ups?

I don't understand the question. Could you please rephrase?

Like a downline? No. The only referral credit would be for the person that referred them, not any referrer on a higher level

What do you think, will it not be more effective if you would implement a sort of tier bonuses rather than a single and direct bonus? For example, you can make the first level sign-up bonus as 15 Good Dollars, 10 on second level results and 3 on the third and 2 on the fourth levels, this would encourage exponential and explosive growth as shown by many other networking companies before.

The focus is more on the social aspect, so direct referrals is probably better. It's also easier to think about which of your network might be interested than which friends-of-friends might be interested.

I can't readily think of any such companies that experienced lots of growth, who also had their own internal economy. I can think of PayPal (who used to give people a $5 sign-up bonus) or some credit card companies that do direct referrals also, but not MLM. It probably doesn't work for such companies.

Thanks for the suggestion, though. But now that we are out of testing we will increase the referral bonus to $45.00 GOOD.

Will we have Good Dollars explorer to get a glimpse of how many users we got at any moment in time?

For those that you have referred? You can click on "View Status of Referrals" in your Rewards screen

I tried to sign up in shopomy, but after entering my number i'm not getting a code.
Any ideas on this?

Sure, I will PM you.

Hi Kosmost.

What is the current circulating supply of GOOD? In the start of year I remember you are going to push  the GOOD in exchanges.

Is all GOOD is pushed in Coinexchange.io or you kept still the supply  for future exchanges.

Is coinmarket cap shows the correct supply/circulating supply?

The circulating supply is about 436 million, soon to be about 588 million at the end of the month.

Supply will increase with demand, not before. Millions of businesses around the world could be waiting for a good supply of tokens for their retail needs, so that is a strong consideration. (And, along with that, supply would increase.)


No. I believe they only update that number upon request (and not all the time it's requested).

I'll submit an update to them once the reward distributions are done.

I am bit confused with below exchange rates

Exchange Rates

May 8-17, 2018: 1 token = GOOD $3.15

May 18-24, 2018: 1 token = GOOD $2.68

May 25-31, 2018: 1 token = GOOD $1.xx

Is that means that 1 GOOD token in exchange is currently worth of 2.68 GOOD dollars.

If I am getting 50 GOOD Dollar for currently signing, Then does it make more sense if I register after 25 may, then I will get more good token?

After 588 million token in circulation, still 300 million token will be left, are they will be hold for some future exchange listing or they will be tied to promotion of shopnomy?

The sign-up reward isn't tied to the exchange rate. After May 25 you would still get GOOD $50.00 for signing up. (You're getting GOOD dollars not tokens, however)

300 million tokens are for development, marketing, reserve, etc., of the Goodomy ecosystem and is to be determined. I believe how they would be used is something more for the future board of directors to figure out, but time will tell. But as demand increases so would supply of tokens on exchanges.

When we have a new exchange (could be soon) then more token supply would be available there. It's too early to say exactly how much.

if most of the services are free, how will the project earn and develop further? need to on that the to live)

That's why we have 300m tokens. But we would also be fine with 0 at this point, which I why I wanted to distribute more via the 35% reward.

Why would we be fine with no tokens in reserve? Because when businesses want to participate on Shopomy they need a supply of tokens. To obtain tokens they can either hold a Sale or purchase them on their own and exchange them for GOOD dollars.

Holding a 20-100% off sale makes customers happy, which brings in more people into the Goodomy ecosystem. Exchanging tokens makes Adam Smith happy, and the business because they would then have fuel for liquidity and cash flow.

A percentage of the value of the current offline retail market (many trillions of USD) could possibly be reflected in the total supply of GOOD dollars in future.

So, for example, if 5% of the worldwide retail market was transacted via Shopomy, about $3-10 trillion GOOD dollars would need to be created to work in tandem with it. And I would say the majority of these GOOD dollars would be born in token exchanges.

It will take some time for the rest of crypto to figure this out, though. That gives us a very nice head start :)

a very interesting project to follow its development, this thread is very clear about the idea of a project that will be useful in the future, the allocation of funds on this project is quite large, and also the developed coin exchange has been established, very fortunate if have coins from this project

Thanks, susunyonya! Glad to have you aboard :)

Interesting idea. I have not yet met such projects. Do I understand correctly that you already have a ready-made application?

It should be there. I saw its link on the official website. Maybe we can try to explore. Understand the operation of it.

Yes. It's been in development for a few months but it was completed a few days ago. Please refer to http://www.shopomy.com

Sure. f you have any questions just let me know.

I downloaded the app and I am now more confused. What exactly 50 GOOD Dollar  fiat value.
One GOOD token in exchange is around 100 satoshi and  when it transferred to shopomy app it will become 1 GOOD Dollar.
But real value of 100 sataoshi will come around .1 cents and this  .1 cent will become 1 GOOD Dollar in shopnomy?

How the business will get fiat if GOOD Dollar are not convertible?

GOOD dollars are non-convertible, as you mention, so they have no fiat value. (It could not legally have any fiat value)

They are used in combination with fiat currency, not in place of it. (We will also be making the discount range 20-99% soon)

So $1 in GOOD is meant to be used with $1 in fiat. But, again, it cannot be exchanged for it.

An item that is USD $100 and 50% off would be paid with 50 USD and 50 GOOD.

They are a way for a business to "mine" for fiat currency.

Hope this clarifies it some. When there are listings in your area you'll be able to make more sense of it (as the listing detail will tell you how much you have to pay in fiat, and how much GOOD would be deducted/added)

Hi,

You mentioned launching the Shopomy app with listings from a particular location first, when was that again?? When will listings begin on Shopomy app?

Hi. There are already listings on Shopomy, but about 99.99% of people would see "Nothing Yet" as the listings are local.

On the 31st I will announce some details about our first listings/users in cities where the number of users is more than 100.

Also, when we see people list items in a particular city (such as for this (https://www.reddit.com/r/Goodomy/comments/8l89k0/complete_the_shopomy_challenge_by_may_31_and_get/)) then we will start advertising in that area.

So if someone wants to see listings in their area the best way to do that is to make some, try it out with friends, etc. Then we'll see the new listings being created for a city/town and will advertise Shopomy there, getting more users in that location. Select cities may have someone doing business development and getting local stores on board.

If this is so, then I would suggest that you take advantage of Facebook, let someone create a group for Shopomy ads and listings for local places, make people talk about your brilliant idea and how they can earn. Social networks can make the crappiest things go viral, I think it's time for something worthwhile to make use of them :D .

Some hire an FB army to make these things work.


=============================================
And one more thing... Would it not be better if all the Shopomy users can browse all listings wherever it may be? For example, the Shopomy app can have the option to see local or international listings (even within a user given radius). It will liven up the whole listing scene more and people may even be encouraged to travel where the goods and services are available, so they can make use of their Good dollars.

a very fantastic project with an undoubtedly very interesting exchange of coins on this project, hopefully the total supply is not too excessive so the price will always be stable

Thanks for the suggestion!


For being able to see international 'local' listings I think it would be chaos. Imagine a Craigslist where - instead of segmented listings by city -you had all listings on one page and it was up to the user to filter out the 99.9% of listings that they wouldn't care about.

Most users installing the app would see listings, because we'd be focusing on promoting the app in specific areas where there is already some activity. But those in crypto who find us by this forum or another channel would probably see nothing.

Thanks. After the weak hands are shaken out from the recent 35% reward distribution, I think so.

Over the new few weeks, the Shopomy app (soon to be rebranded as the main Goodomy app) will offer a few modifications to its navigation and product detail screens.

http://www.shopomy.com/2018/05/27/the-shopomy-redesign/

Don't you think that it is better to totally remove all terms referencing cryptocurrency from the market-facing side of the Shopomy app?

-It will remove some unnecessary fear from the common users stemming from all the scams and fear mongering of those who could not appreciate the technology.

-It will also remove the fear of not understanding the technology being offered to users.

-It will also help to avoid being banned from FB ads.

Of course, crypto will still be there and should be thoroughly explained as the need arises, but not till they needed to know about it. It should be buried deep within the processes. Away from the eyes of those who are not ready for it.


One more thing, there seems to be no way to transfer the Good dollars without paying for something, right?

May I suggest the following addition:

1. Option to send Good Dollars as a gift
2. Option to add "looking for something" post
3. Option to see any particular listings from anywhere.
4. Option to post/share to Social networks
5. Option to pay for shipping if there's a need for it.

What do you think?

I think it should be easy for the average person to use, and we're working towards that. But could you give an example of where you see a reference to cryptocurrency in the app? (Besides where it says, "Advanced Users Only")


I'm not sure I understand. Transfer from where?


I think those are all good suggestions. Thanks for that :)

The crypto reference on the FB link when serving Shopomy Google Play app link is now gone and that's good.

About the transfer, for example, I would like to give some Good Dollars to a newly created account, just to show them how the sending and receiving works, but there's no way to do it. Unless they have a post that I can pay. Which would be too tedious a task for introducing the app... They should be able to try out posting on their own leisure.

I hope you understand better the situation that I am referring now.

FB meaning Facebook? There was no Facebook link in Google Play.

I thought you meant there was a crypto reference in the app.

--

In the version after the next we will allow:

1) sending to a mobile number.
2) scan any Goodomy QR code (for example, on a YouTube video or website) to send Goodomy

Yesternight I tried posting the Google Play link of Shopomy on an FB group, but the link showed terms about crypto, so within seconds my post was stricken out.

Anyway, it does not show the same terms now so there's no problem with it now. Let's hope for better results.

That's good. I'm not sure why it did that, as there was never a mention of crypto or anything on the Google Play page.

That's that main reason why I wanted to separate "Shopomy" from Goodomy (to be able to advertise more on places like Facebook). But as it stands now Goodomy is the only legal implementation of cryptocurrency that can actually be used to buy stuff (in the US, at least).

I'm sure no one has figured out (yet) how valuable it is for Goodomy to have exclusive rights to this method. I think it's why we've received some fairly strong interest from a couple of big retail names (one of which will be announced in a couple of days)

How Goodomy will destroy the competition (and save the cupcakes for regular folks)

https://www.reddit.com/r/Goodomy/comments/8n57vf/we_will_destroy_our_competition_and_leave_the/

https://i.imgur.com/U4IffHm.jpg

If I got you right, then it means the final destination of all GOOD token will be shopomy app instead of exchange.

But only thing now puzzle me how the shopomy accounts are getting created with GOOD$. It means some token should be burned when a account is created. Otherwise creating a shopomy account/or  rewards distribution/ bounty in shopomy app is just creating a additional wealth (i.e inflation).

There is no 'final destination' for our tokens, just as there is no final destination for an Ethereum token itself.

Burning tokens would actually hurt economic growth. This would be similar to burning Ethereum whenever someone wanted an Ethereum-based token. The Ethereum used to obtain Golem, for example, is sent back into circulation. If we burned Ethereum instead of re-circulating it, it would mean that the more popular Golem became the more Ethereum's economy was destroyed.

Being a utility token, it should not be burned (as that would convey that it is a convertible currency). The GOOD token's utiity is in its ability to be used as a license for GOOD dollars. The more tokens you have the more rights to GOOD dollars you could potentially obtain.

Imagine if Microsoft created only 888,000,000 Windows installation licenses and disks. People would purchase Windows not because they wanted the disk but the utility that it presents. But it doesn't mean that the disk should be burned after they're done installing it. In order for Windows to be on billions of computers, in this analogy, people would keep the license and send back the disk so that others could use it for the same purpose.

One method allows for tremendous scale whereas another does not. We use this method because we cannot create an unlimited number of tokens like Windows can do with disks. Instead, we're using the token in order to scale exponentially within the 'operating system' we have created.

Inflation is good, as is additional 'wealth' in this respect. It allows economies to grow. But in this model, hyperinflation isn't possible. The value of a GOOD dollar is in its use with the US dollar, not independent from it. One GOOD dollar will always be used with one USD. It could not possibly be used with $2 USD, for example.

Good idea. It will avoid the point where Good tokens will be useless since Good Dollars can be created out of thin air without accountability. Burn Good Tokens in proportion to the existing App Exchange rate.

Having no blockchain of its own where we can trace the flow of coins and wallets, it will be possible for a rogue programmer or even a hacker to create for himself some Good dollars that can greatly affect the App's and the whole Goodomy economy.

Good dollars cannot be created out of thin air. All values must add up and be attributed to some verifiable action. We're developing a kind of block lattice where any value that isn't connected to multiple other values will be made obvious and perhaps quarantined. Transparency is in the works, but we're still quite new. As noted previously, the idea is to move GOOD dollars to its own sidechain or blockchain where transactions (and supply) can be input into a ledger.

One of my first considerations was to create a method where hacking would actually benefit rather than harm the economy. If a hacker managed to create $300,000 for himself and this somehow went un-noticed, they would have 2 choices: 1) keep it in their wallet; or 2) use it - one transaction at a time - to provide liquidity to businesses, limited to the discount value of inventory on offer.

This wouldn't be a scenario like where an exchange is hacked and someone makes off with x value. The hacker's actions in the above scenario would normally benefit businesses. 1 GOOD = 1 USD of value that must be used with it on either side of the transaction.

If the hacker decided to buy a Lamborghini with his loot, then it could mean that the car dealership might obtain less tokens from the marketplace (if that was their intention). It could also mean that the dealership sold something they might not otherwise have been able to and would then have a $300,000 GOOD reward for someone else to buy another car. This might help to convince them that retail mining is good for their business, as well as tell others about it. It is possible that the hacker might provide a service to the economy, but there is no way to measure this. Hacking is still a negative but at least we can minimize the effect and turn it into more of a positive.

That being said, such a system is in the works and will probably be based off of EOS.

Kosmost, when you get a chance, here's something for you to look over as a possible feature integration into the Goodomy app.

Have a look at the "save search" and notification system that is available on www.reverb.com  - It basically gives you the ability to save searches and have notifications sent to you when a vendor adds a product you are interested in.

This is a fantastic feature and I have scored some rare gear directly as a result of this feature. For example, I was looking for a certain piece of gear for about 10 years with no luck, but within about 3 months obtained it from a store on reverb thanks to one of my saved searches with notifications turned on. I was notified instantly when it was available.

This would be a powerful feature in the app if it allowed notifications when a certain item has been made available through a Goodomy retailer/seller. I'm not talking about email notifications, I'm talking about the app push notifications feature.

On reverb, create an account, confirm it and perform a search for something like Marshall Amp, add it to your watch list and save the search. You'll see a pop window offering to add it to your "daily" feed.

Thanks for the feature suggestion. It seems like a good idea and would save people from searching for the same things all the time, especially if they're trying to find a deal on it. It would be especially useful as we open up to ecommerce listings and there are more listings overall.

Nice microcap. Best of luck!

Thanks!

The new Goodomy app is coming within ~10 days

https://www.reddit.com/r/Goodomy/comments/8qpf3f/new_goodomy_app_coming_within_10_days/?st=jie1327f&sh=31ef22e5

The new version of the app was released a couple of days ago, as noted on our subreddit https://www.reddit.com/r/Goodomy/

However, there are some channels I have not announced it on, such as this one and Twitter.

We're also hard at work on the next big release.

Thanks much!

Goodomy version 1.0 coming August 24

https://www.reddit.com/r/Goodomy/comments/8wbiqs/goodomy_version_10_coming_august_24/?st=jj8qbdm0&sh=4d1ba6d9

We are excited to announce that version 1.0 of Goodomy will be ready by next month. We've taken feedback from retailers and users received since our launch in May and have implemented nearly alll of the most-requested features.

Goodomy v1.0 will include:

• ability to browse without registering
• ability for users to see (and use Goodomy for) e-commerce listings from around the world
• ability for retailers to post their e-commerce listings and use Goodomy for the transactions
• send Goodomy to anyone in the world with just their mobile number
• send a tip or payment via the Goodomy QR code (posted on their blog or other website, video, laptop, mailbox, etc)
• A more social 'People' tab, the hub of the new user experience

Our primary intention with version 1.0 is to make a popular consumer app, powered by cryptocurrency. We also want to get our marketing costs down to about $1-2 per active user. As you may know, as a consumer-friendly app we are in the unique position to advertise it to millions of users via Google Adwords and YouTube. We've had some very positive results with our last major release but felt that we could make much more efficient use of our marketing budget with some tweaks. That is what Goodomy 1.0 is about.

A few days ago we released version 0.9.9.0, which included the Goodomy re-brand and currency conversions. We've been hard at work on version 1.0 since May and are excited to have been able to incorporate nearly all valuable feedback in our flagship.[/size]

Goodomy v.1.0 (24 August)
https://coindar.org/en/event/goodomy-good-goodomy-v10-11217

Any proof of life?

We're working on getting version 1.0 released ahead of schedule (August 24)

I suppose the only 'proof of life' for now would be how fast I responded to your question :)

Thanks! We're working very hard on incorporating user/business feedback into something truly awesome!

That'll do...that'll do.

I'd rather the project appear comatose for a few weeks in order to increase productivity than appear active but not really have anything going on.

From what I can see in crypto, most projects appear active but don't really have working products. Instead, they promise great technological advances in future as a means to support their market cap.

We're going for the low-hanging fruit that just happens to be over 1 billion everyday consumers and millions of small businesses around the world.

We will hype with consumers and small businesses, not crypto. Once  they begin to use version 1.0 (with some needing to obtain tokens) the token will hype itself once people see it making significant moves on CMC.

I have a suggestion... you can do this later on when you have released the working version 1.0....

Instead of making the retailers/businesses buy tokens (GOODOMY) from crypto exchanges, you can make them available on cards that can easily be bought from partner convenience stores around the world and loaded on their accounts. In this way, it would take all the technicalities off the process while making full use of the existing familiar techniques, which would open Goodomy's door to a wider userbase.

What do you think, will this be feasible?

There would be some who know how to obtain it via Ethereum and would offer it to others at a premium. There is already a way to create a post for your surplus Goodomy, with the transaction or whatever being handled offline. In the new version this can also be done via QR code or mobile number.

With mobile phones I think cards aren't necessary but of course it's something to think about.

Thanks for the suggestion! If you have any others please let us know :)

The project is awesome. To have a trusted platform to consolidate crypto in one place is great. It's like a one-stop shop for your earnings and expenses. I hope this project grows big!

a "...a one-stop shop for your earnings and expenses..." is a great way to think of it.

Thanks for your support!

Updated the new app. Do it means shoponomy is out?
 I liked the logo that Google play store is giving while downloading the app. (instead of app logo.)

In userbase front, I think we still need to do too much work.

No more Shopomy. It's Goodomy from now on.

I'm not sure which logo you're referring to. Can you describe it?

Yes, there is much work that "we" must do :)

I am referring to this logo that is available in Google Play store for downloading the app.

https://i.imgur.com/QTeQxRL.png

Thanks. I did it myself. It's not professional but it tested well (between 3 other variations). We'll see how others feel about it, but the "G" logo is pretty popular, too.

Yes, G is plain and effective and look more tied to the business image , but smiley in other logo , open board in shop picture and background green colour make that logo very lively and vibrant. Let see what other thinks.  Any way, very nice and eye catching logo design by you.

I usually just throw stuff together quickly and see what sticks. Fast iterations, feedback, and re-iterations seems to work well in other domains so I applied it with Goodomy also.

The new version of Goodomy focuses more on videos and earnings from video posts (to get more people using the app more often) and is supported by the commercial aspect.

Thanks for the feedback! Hope we can get some more feedback when v1 launches.

It would be great if you could share more information about the project because I feel very interested in what you have written about, i consider it very profitable and actual today

Just read first 2 post of Kosmost in this ANN and whitepaper you will understand the concept.
Actually GOOD Dollar  will bring liquidity to the business and can be compared to the reward system but it will work for both consumer and business (Instead of only business awarding for discount to consumers now consumer can award GOOD $ to business so both got power.)

It is not feasible for small shops to run their rewards program and they can be benefited by GOOD dollar.

Thank you.

Sure. What would you like to know?

OTOL is a great project

Thanks. We'll start working on it again when Goodomy 1.0 is done. We decided to devote most resources to 1.0, since we wanted to make some bigger changes in the new version.

It looks like 1.0 should be ready for download this Tuesday/Wednesday, but I'll post here again when it's ready.

And 24th came in a whimper?

OMG! It's 17 minutes into the 24th in Guinea-Bissau and the app hasn't dropped yet!  ;D

Thanks for your patience

Goodomy app's key feature, All Goodomy transactions are 100% free for buyers, sellers and everyone, Get 20-99% of products and services on e-commerce websites and local stores, and post videos 1 minute fast and get tips for that, or accept money from friends. there are still many features that this platform has to offer.

This project is perfect for those persons that were always on-the-go, those who made their purchases online due to their busy routine. The project didn't make some noise but if you read and analyze the concept and their business proposal, you could say that this one is good, holding more of their GOOD token will bring great returns since they are using that token on their platform, thus creating more demands that will surely push the price higher and would bring more profits for those invested with this project or token holders.
+1

I agree on your opinion. The increasing demand of the people requires the technology of the project to be improved as well. Improve quality, adaptability to the increasing demands of existing services and new services. This will make Goodomy able to compete and grow in the market.

Yes! In this way, we're considering the user's perspective more than crypto's perspective. Users want fast and cheap, so we're giving them fast and free. Seller's want something that's easy to use, and Goodomy makes that as simple as possible.

We're targeting the biggest slice of the market, which is regular folks. The same folks who use Facebook or YouTube might find some value in Goodomy over Bitcoin or Ethereum (which most people don't understand or even know about).

And, those users who do know about how it works (and how to load up on Goodomy via Ethereum) will be the main drivers of the market. It's a win-win.

Thanks. We're very interested in making noise in the consumer market rather than pleasing the volatile crypto market. Once Goodomy "takes off" from as a consumer-based platform, crypto will just need to follow along.


What most people miss, I think, is what we call the ICR+ (the infinite coin repurchase). That should help growth tremendously!

I currently don't have much time to follow crypto developments because <family stuff>, but I just tried and really like the app, good work.
There's only English and Spanish as language choices from what I see, do you need help with more translations? If so, I could help out with German.

Thanks! I've been testing it out over the weekend to make sure it's stable and everything is working well. The updated version (1.0.1) should be finished today or tomorrow. We'll also be working on getting listings added to all 3 tabs, as well as resuming promotional efforts.


Next might be Chinese, but it's quite difficult to list apps in China (as there are 200+ app stores, oddly enough). English and Spanish gives us access to over 1 billion Android users, so we probably will focus on marketing for the next few months instead of adding more languages. But we'll keep you in mind for German. (There is about 900 lines of text for translation, though! Do you accept Goodomy?  ;D)

I have some experience, especially with the fun part where you're done with the raw translation and then notice which strings totally don't match the context and/or UI so you have to come up with something better, but can't find an equally meaningful expression  ::)
I know at least one other Goodomy follower here who I'm pretty sure would help create, test and maintain a translation and we'll certainly find more if needed. I'd probably make that a collaborative effort anyway to reach a high standard. Two heads are better than one.

That's true. And thanks for being so loyal!

I think you are quite mistaken. Having app does not mean that all transaction will be for online purchase. This can be used in physical store and even mom and pop store will also find it useful to accept it.

I am following this project and I am really interested to see how it will turn out.

Thanks for your support!

Hey everyone. After reading a bit through your website I must say that I'm pretty excited about the idea. Gonna read through your whitepaper further and come back to explore more. It will be a significant plan.

Thanks. The whitepaper gives more of the overall vision rather than talk specifically about how we plan to execute (as I don't believe in giving potential competitors any ideas) but feel free to let us know if you have any questions! Thanks

How Can Goodomy Control Inflation Better than the Federal Reserve?

Well, I'll tell you: http://goodomy.com/2018/09/09/how-goodomy-controls-inflation-like-the-federal-reserve/ (http://goodomy.com/2018/09/09/how-goodomy-controls-inflation-like-the-federal-reserve/)

Hi,

Maybe it will be good for Goodomy. if there will be an option to post a WANT TO BUY(WANT TO RENT ETC.) where a poster can post their wish list and then the system will notify them, once the item or service becomes available. It will have a double positive effect, there will be more interaction and sellers will know exactly what they need to sell NEXT.

Another good option to have is a section where Goodomy dollars can be USED to buy or pay things and services. Instead of US$ with bonus or discounts.

BTW... Good job and please do keep up the good work.

Thanks for the suggestions! We'll keep it in mind  :)

Goodomy v1.1 has been rolled out! Includes speed improvements and much more


Changes (video version): https://youtu.be/TzWETnpQTus?t=108

New sorting options: https://www.reddit.com/r/Goodomy/comments/9fxrtr/sort_and_filter_options_in_v11/

Has this retailer been named?

I didn't see it listed anywhere.

I really think there needs to be an extremely dumbed down introduction set of images, videos, overviews for how Goodomy works and how it benefits users and retailers. The image in post #139 is a small start: https://bitcointalk.org/index.php?topic=3223214.msg38068328#msg38068328

I was talking to a couple of people this past weekend about Goodomy and it was a tough sell. Nobody really understood the retail mining, the benefits of it all and they said it was too complex for consumers to "get." (as in understand) These are just average Joe's so to speak. They don't know anything about crypto btw.

Some common responses/questions I heard:

"So what is it, shopping points?"
"Is it like gift cards?"
"Is it a shoppers club?"
"What stores have it?"
"Do I have to use my phone to buy things?"

And when I say "dumbed down," I mean it really has to be so simple a child could understand it all in about 2 minutes. People today have the attention span of a gnat.

The app is failing atm at what it should do for the users, i. e. show them what they want or need in the fastest way possible. This is the secret of Amazon and the other online stores... they store your preferences and other metrics regarding the user and when you return you are greeted with what interests you.

Good points. - ebay and amazon are fine tuned retail machines. They should be carefully studied.

As noted previously, we're taking a more consumer-oriented approach to Goodomy rather than an investor-oriented approach. We don't want to be see as a security token, but rather a utility token. It's better to err on the side of caution, especially when the person who started the whole ICO thing is leading the project.

The average consumer doesn't need to know how it works. It is also not explained in the app (for buyers), nor does it need to be.

It's down to two things, basically:

1) how much does this cost?
2) how much digital currency can I use to buy this, or how much will I get back?

I can't really think of any popular app that can be easily explained where a person could 'get it' right away. People just have to use it, and for current users it seems intuitive (from what we have seen so far).

But if you have any suggestions, we'd love to hear it.

We're not copying Amazon, but for now we have categories that a user can use to filter listings.

And, of course, we're still new :) There is much work to be done.

Yes.. time winds all clocks.

ebay: founded 1995

Amazon: founded 1994

I know the crypto community is impatient, but that's why we're building for consumers. These things take time :)

Can these purchases using the APP be made only on items that are available on the Goodomy platform? Can the merchant advertise items in APP?

Hi. Thanks for your questions. Merchants can post their products from the app.

Purchases using the app are for items that are available on the app.

If this doesn't answer your question please let me know.

Hey kosmost, are you in control of the GoodKarmaCoin Twitter account?
https://twitter.com/GoodKarmaCoin
If so I'd pin a tweet which redirects people to https://twitter.com/goodomy_token

Good idea. I'll see what I can do. Thanks

That was fast, thanks

Apologies. I've been dealing with some personal issues while focusing more on users and looking for a replacement lead developer. Normally, I don't talk about such issues but I suppose the community deserves to know what has been going on.

Additionally, there are some over-arching issues with cryptocurrency in general that has been quite shocking to discover. Collusion at the highest levels, basically determining which cryptos 'succeed'. But I suppose that is no surprise to some.

Hope all your problem solve and good luck in finding a lead developer. I still drop by here just to check monthly progress and I interested to see how you use shoponomy, GOOD $ and GOOD tokens.

More interested in seeing in real how it works ,what I asked earlier.
https://bitcointalk.org/index.php?topic=3223214.msg39106009#msg39106009

Thanks, and my apologies for the delay in responding to your message over the holidays.

Yes, if you can think of some ways to make it easier to understand let me know (Particular questions, for example)

Thanks!

Goodomy update: https://www.reddit.com/r/Goodomy/comments/acxgrp/goodomy_update/

Gone through your reddit post. It's true that all the hype is lost and people are susceptible to the crypto's now.

Any way, Success and making money in business is a very different ballgame then development so I think we can remain patient about it.
Just read a article few days ago and come to know that initial days of Amazon was also not very profitable.

https://www.inc.com/drew-hendricks/5-successful-companies-that-didn-8217-t-make-a-dollar-for-5-years.html

I really believe that the only way any small crypto can get bigger is through product evangelism.  People still just don't know anything about crypto.  It would be based on educating people about crypto and giving them coins to start out with.  In fact, that is what was happening in 2016 and 2017, there were a lot of big airdrops, faucets and bounties.  So many crappy players came into the game and they eroded a lot of trust and hope.

I'm sure the comparison has been made before but there was a lot of crappy players in the early internet (pre-2000) before the bubble burst. It took some time for the market to recover and then the ones who survived came out stronger.

Crypto could be similar.. but only time will tell.

Some food for thought.

Do you think Microsoft would be anywhere near as successful as it is without partnering with computer manufactures and using them to distribute their products?

Where and how can Goodomy use similar methods?

 

Suggestion - Hire someone or a team to create a "dumbed down" presentation to the general population for this page:
https://goodomy.com/make-money-online-with-goodomy-social-exchange/

I'm assuming that is the page that you will be targeting when presenting Goodomy to new users.

Think like an infomercial script writer... SHOW don't tell.

Examples:

Some of the ways  you can make money for exchanging your value on Goodomy (and show real world examples):

Dog walking
Music lessons
Lawn care
Grocery shopping
Computer tech help
Homework help
Helping people move

I mean its really endless here - get peoples imaginations going so they immediately understand the concepts and how they can "personally" use it.

Microsoft created software for computers. Goodomy is software for mobile devices. We have already partnered with Google and they are already distributing our product.

I talk about partnerships that make sense for Goodomy here: https://goodomy.com/2019/02/22/where-goodomy-goes-from-here/

However, many (most?) of the partnerships that you see in crypto are not really partnerships, but reverse sponsorships, similar to how some rich people pay socialites for important introductions. We don't have money to give to some other company to pretend to partner with us like ICOs do, so we'll just have to go with what makes sense at this time.

One more thing.. Microsoft was destined for success, in my opinion, because of the connections of his father, William Gates III, who was president of the Washington State Bar Association and served on several important Board of Directors (United Way, Planned Parenthood, a chamber of commerce, etc) and Board of Regents positions. That's how these things are done, in just about any field you can think of. When you see a coin with a genuine partnership (like any of the top 10), just take a look to see who is on the Board of Directors or the money behind it to get an idea of how it happened.

It's the same with Apple, Google, Amazon, Facebook, WalMart, etc. But their 'official' start-up stories sure are heartwarming for the general public :) Now... apply a similar method of success to crypto.

Yes, you're right. Showing is always better. I'll think about how to put that on the page, also.

Thanks for your suggestions. They're pretty good!

I added 8 examples here: https://goodomy.com/make-money-online-with-goodomy-social-exchange/

The page can be tweaked as we go along, but feel free to tell me what you think.

Thanks again!

kosmost, are you familiar with Hybridd, Internetofcoins and the hybrid platform they are creating?

Here's a brief video on it: https://www.youtube.com/watch?v=BXc3TYBp9Mg

This might be of use for Goodomy in the future. There's a blog and FAQ on the internetofcoins.org site with a lot of details on the technology they are developing.

Thanks for the link and info about Internet of Coins. We're actually looking at integrating a secure wallet with v3 (as well as other features). We will have more info on this shortly.

📌 Goodomy Token Swap, and Supply Reduction (including OTOL)

Note that as we move to a new blockchain, Goodomy's supply will be reduced and a 40:1 swap will be performed.

Any OTOL tokens designated to you will be provided at 1000:1 with no change to your percentage of overall supply

https://goodomy.com/2019/05/02/goodomy-token-swap-and-supply-reduction-including-otol/

📌 Goodomy v3: Instant Messaging + Wallet + Social Exchange

Version 3 of the Goodomy app is a step forward into the future of the mass adoption of cryptocurrency. Leveraging our unique social exchange concept on a platform of social networking opens up endless possibilities.

More at https://goodomy.com/2019/05/11/goodomy-v3-instant-messaging-wallet-social-exchange/

📌 The Goodomy Foundation (Singapore)

With the release of Goodomy v3 and all of its exciting features, we are happy to announce plans for the creation of The Goodomy Foundation.

More at https://goodomy.com/2019/05/13/the-goodomy-foundation-singapore/

https://twitter.com/goodomy_token/status/1140536791910326272

We have successfully transformed our provisional patent application for Fiat Mining into a non-provisional patent application. This is not a blockchain patent but a patent on financial transactions. The future of payments rests with Goodomy!

Not sure if you're aware of all of this. I just got an email and I mistook it for Goodomy until I started reading it. Might be some brand confusion issues here:

I don't know anything about it other than the name so this post is just a heads up basically.

https://medium.com/gooddollar/not-for-profit-payment-network-gooddollar-launches-alpha-wallet-app-and-is-looking-for-road-6d1450d06a45

https://community.gooddollar.org

https://gooddollar.org

Thanks for the heads-up. It shouldn't be a problem, in the US at least.

Seems to be a platform for socialism, with different goals. I'm sure there won't be any confusion lol

Is this project dead?
No longer any data on coinmarketcap and no updates anywhere.

Updates on the subreddit: https://www.reddit.com/r/Goodomy/

"CoinExchange.io closing down; "Workchain" rises"

https://www.reddit.com/r/Goodomy/comments/dc3x5o/coinexchangeio_closing_down_workchain_rises/

I'll try to remember to post her also, but it's not the same place it used to be.

I believe some DEX's do not charge a listing fee.  See my posting history for a thread I created on coins with DEX's.

Thanks.. I'll check it out

Hi Kosmost,

Goodomy the Android app is not running what happened how can we exchange or Good from there?

What is going on with this token swap?

I just went to goodomy to attempt to swap tokens and I see some random post about goodomy moving the deadline for exchanging from Dec to Sep? If that is true, that's ridiculous. Why on earth would you move a deadline up without a  notice, especially considering you post random updates about goodomy many months apart, don't keep a list for updates and expect people to just pick up on a change like that?

I've been following this project from basically the start and got involved in it early. I've sat patiently waiting for development to progress with little to no updates for a year now.. and now this?! WTF - You didn't even update this thread with any notice of this deadline change, hence why I didn't receive it.

Just open a ticket. You'll be fine. I see you've already done that :) https://goodomytoken.freshdesk.com/

https://goodomy.com/2020/01/05/the-erc20-to-fantom-network-token-swap-for-goodomy/

Please note everyone was asked to perform the token swap in January. We figured 9 months was enough time for people to git 'er done, but it seems that more time is needed. No worries. Just open a ticket and it will be taken care of.

I tried that already.

When I read about the token swap earlier, I simply set an alert in my calendar for my vacation week in October, which is now. When I received the alert today, I went to the post on the goodomy site to learn how to do the swap and I saw the dates all changed. Then I went to the reddit goodomy to figure out what was going on and I saw that it's switched to private and not viewable anymore. Hence my post in here.

Your website ticket system doesn't seem to be working either. I went to open a ticket before posting here. I tried to register and it says I'm registered already. I tried to reset my password and then it says I'm not registered. It's like an endless loop. After posting here I tried to create a ticket again and the same loop kept happening. I did however send in a contact note using the popup window on the ticket system (the email icon at the bottom), which popped up a form and that seemed to go through. I don't know if it actually went through or not though.

I'm sure there are other people wondering the same thing, especially if they can't see the reddit notices or open a ticket.

There's no email or contact other than the ticket system on the site.

No worries. Your ticket was responded to before this message was posted. Please follow the instructions outlined in the blog post and we'll go from there.

A few months ago I looked on this forum and the link to changing my Ether based tokens said the deadline is the end of the year (December 31, 2020). Since my wallet is on an old computer, I decided to wait until December when I have time to get the computer out again.

So, today I come here to look at the process when I see that the deadline was moved to September. The word disappointed is an understatement. It said December 31 when I last checked.

I tried to submit a support ticket when I the ticket system said I am not authorized to create an account.

I really do not know what to do at this point. I don't even know if anyone will see my post on this forum.

I really hope to get a response and that I can still trade in my old tokens.

Please help!

Thanks!

No worries. Just follow the instructions in the blog post :)

It will be taken are of if it's before the end of next month.

Thanks!
[/quote]
No worries. Just follow the instructions in the blog post :)

It will be taken are of if it's before the end of next month.
[/quote]

I see my Good tokes on etherscan, they show up as (Good Karma) but they do not appear in myetherwallet. What can I do to make them appear?

No worries. Just follow the instructions in the blog post :)

It will be taken are of if it's before the end of next month.
[/quote]

I see my Good tokes on etherscan, they show up as (Good Karma) but they do not appear in myetherwallet. What can I do to make them appear?
[/quote]

Never mind that, I figured it out. Thanks for your help!