Bitcoin Forum

We all assume mainstream adoption will come when Amazon or Starbucks start accepting our volatile holdings? Nope, it comes slowly like this.

https://twitter.com/Alonnotalone/status/1045644913235382272

BNT sponsoring some car racing. I guess it's a start. By the way this coin, just like many other altcoin has suffered a lot recently, in May when the market was not too healthy it was above $5.50, and now it is struggling to remain above $1.50, guess they need some strong advertising indeed.

That's just a picture of a car with a bancor plate so what's new about that?

Most of the crypto folks that does have car are doing that and putting stickers to advertise crypto voluntarily.

I already saw some news that Cryptophia exchange were sponsoring the race cars so it is kind of advertisement but just the beginning maybe people will come to knows about their product when they do research about it.But surley this is just the growing stage of cryptos and in some years we can see crypto related advertisements everywhere.
But this is not just a car on road,it looks like a race track so they are sponsoring someone so which is kind of advertisement and it will get much expose since the car races were watching by lot of people so they will research what is that Bancor.

What's wrong with mainstream forms of advertising? Especially if it's for the discovery of cryptocurrency? Doesn't have to necessarily be Bancor's token BNT. If you go to their homepage you will see a list of hundreds of ERC20 tokens. It's a win/win for everyone in my opinion.

Yes its a kind of advertisement and I see this type of plates oftenly in twitter posts which is interesting.

Not only car racers but also trucks and other types of vehicles in some countries.

indeed some people who like crypto voluntarily put stickers on cars, motorbikes and even paint their homes with crypto symbols or names. this is done to introduce crypto widely and this will make people curious and ask what is the brand and symbol? indeed it is not very productive, but they have tried it and hope people are interested in finding out about it.

lol you can walk the streets every day and should the name of your altcoin that you are bag holding but that wouldn't make it "adopted". which is more like the case here. advertising some altcoin or altcoin related services even, is not something that can change anything about adoption of any kind.

adoption requires incentive. and that incentive comes when there is some utility there they can use. for example people are adopting bitcoin because they want the decentralization.