Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: akeegan on August 14, 2019, 08:42:23 PM



Title: Better than an ICO and IEO? Introducing the SCO
Post by: akeegan on August 14, 2019, 08:42:23 PM
NULS is testing a new community-based token staking service to allow users to participate and earn new tokens from projects being built on the NULS blockchain. Think of it as a way to gauge interest in a project like a preliminary Kickstarter.

They had a first go and in a 24 hour trial period, Aleph pulled in more than 2 million staked NULS tokens which values at $1.25 million


https://finance.yahoo.com/news/token-staking-reward-system-wants-172434746.html


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: gunhell16 on August 14, 2019, 09:24:19 PM
This is very good to NULS project but i can't see much success to the upcoming new projects on their system.
Staking will be the base factor and you will get new tokens as a holder of NULS atleast 2,000 pieces.
For the new token to be valid and have worth users or holders should buy on that project, but what if they dont want? this is just another way of free tokens (staking)


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: Kang TB on August 14, 2019, 11:15:54 PM
well, there is the addition of alternative crowdfunding SCO (Staked Coin Output), it looks interesting and it seems like there will be many projects who try this method

how can we said if this new method called SCO(Staked Coin Output) will be better than ICO or IEO
because no one really know how this methode work


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: chanler on August 14, 2019, 11:32:20 PM
There may be several types of crowdfunding system of crypto projects. Yeah, I ever know about this system, the STO is a new way introduced. However, whatever the types of the crowdfunding, the most important thing is the readiness of the project to be on the exchange, and how the team can make the price not to drop dramatically after the end of SCO


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: glendall on August 15, 2019, 12:12:00 AM
SCO is not much different from premining in my opinion,
but I'm not saying it's the same, not that different doesn't mean the same,
but the point is that they are released first before being sold to the public,
most masternode coins are like that, premining first and then sold on the market,
and Nuls might make a different development, and whether it's good or not only Nuls and its community know how effective the SCO is when compared to IEO or ICO.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: Nurma.A on August 15, 2019, 12:43:18 AM
Very interesting idea. But I cannot state if this is better. Buy NULS tokens and replace them with Aleph Tokens. Are Aleph tokens good? in the future can provide benefits? From there, we still don't get an explanation. Well, we'll see about that.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: vladimirhf on August 15, 2019, 01:10:52 AM
SCO [Stake coin output] this is new for me, i think for many people too, I only know about ICO, STO and the best is IEO. I will learn more about SCO but for make sure better than IEO, need more explanation. Why OP say SCO is better??

this is new for me too. When I clicked I was expecting for Scam Coin Offering haha ;D

SCO is not much different from premining in my opinion,

could be similar... looks like all the available information comes from the same press release...

https://themerkle.com/can-staked-coin-output-replace-icos-ieos-and-stos/


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: Tipstar on August 15, 2019, 01:38:56 AM
It's good to have new experimentations that hopes to make the investment market safer and dependable. Investors have suffered a lot due to fraudulent fundraising and are looking for a some way to at least insure their investment. This would work as a multi investment funds where a loss from one could be covered by profit from other.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: 3core on August 15, 2019, 02:21:32 AM
NULS is testing a new community-based token staking service to allow users to participate and earn new tokens from projects being built on the NULS blockchain. Think of it as a way to gauge interest in a project like a preliminary Kickstarter.

They had a first go and in a 24 hour trial period, Aleph pulled in more than 2 million staked NULS tokens which values at $1.25 million


https://finance.yahoo.com/news/token-staking-reward-system-wants-172434746.html

You have only mentioned staking coins offering to be a better choice than previous method of raising funds for start up, you have failed to state what exactly the staking of coins is all about and how a project will benefits or raising the needed start up funds from it.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: beachbummer on August 15, 2019, 03:07:54 AM
NULS is testing a new community-based token staking service to allow users to participate and earn new tokens from projects being built on the NULS blockchain. Think of it as a way to gauge interest in a project like a preliminary Kickstarter.

They had a first go and in a 24 hour trial period, Aleph pulled in more than 2 million staked NULS tokens which values at $1.25 million


https://finance.yahoo.com/news/token-staking-reward-system-wants-172434746.html

You have only mentioned staking coins offering to be a better choice than previous method of raising funds for start up, you have failed to state what exactly the staking of coins is all about and how a project will benefits or raising the needed start up funds from it.

Yes he did. You literally just had to click the link to see the answers to your questions. The "How it works" section and other parts of the article provide answers.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: michellee on August 15, 2019, 07:22:28 AM
Another program to gain the investor to come to the project is comes, and we will see many more like that. As long as you can be careful to invest in any project, then you will be fine. I don't call that is not good, or it will be a scam because all project has the potential to be a scam and it is our job to find which will help us to make money. No matter if ICO, IEO, or even SCO, you need to know how much money you will use to invest so you can prevent from a big lose in any project.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: Leonardo7 on August 15, 2019, 08:06:20 AM
I don't know how this will be better than ICO and IEO. Maybe it will prevent price dumping. A dishonest team can still destroy the model. Nothing appears to be new under the sun. I will keep a watch.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: Nivia1st on August 15, 2019, 08:29:31 AM
well, there is the addition of alternative crowdfunding SCO (Staked Coin Output), it looks interesting and it seems like there will be many projects who try this method

I don't think they will, because if they use this method they can't get huge funds. and we know that, on average, projects that exist today are only money-oriented, there is no focus on development.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: iyah adrian on August 15, 2019, 09:30:07 AM
I just heard about SCO.
Is this some kind of ICO or IEO, do sales but only differ in sales. And what are the advantages of this SCO, I really want to know more about this. If it can exceed IEO, maybe many people like it.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: Deallove9 on August 15, 2019, 09:34:56 AM
Nothing new again in the industry as every new strategy also has its own bad side , only good when comes new but later got spoil by greedy people around the crypto world, am just not cool with how this industry is being run with selfish interest.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: saba1256 on August 15, 2019, 06:24:20 PM
As you know about ICO's was not getting success now and IEO is also only successful in big exchange but Staked Coin Output (SCO) is a new idea and can be successful


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: jrrsparkles on August 15, 2019, 07:12:19 PM
NULS is testing a new community-based token staking service to allow users to participate and earn new tokens from projects being built on the NULS blockchain. Think of it as a way to gauge interest in a project like a preliminary Kickstarter.

They had a first go and in a 24 hour trial period, Aleph pulled in more than 2 million staked NULS tokens which values at $1.25 million


https://finance.yahoo.com/news/token-staking-reward-system-wants-172434746.html
Why it is better than ICO and IEO,new way of fund raising doesn't mean you will get profits or this is scam free type.I exactly don't know how it works but still new projects launched everyday are getting more shit and useless.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: forexandcryptoauditor on August 15, 2019, 07:16:15 PM
It was first ICO and the IEO. And now SCO? Interesting!
I know the benefits of staking but this concept for fund raising is new for me. I will check in detail about this project for sure.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: jjbanks994 on August 15, 2019, 07:20:58 PM
NULS is testing a new community-based token staking service to allow users to participate and earn new tokens from projects being built on the NULS blockchain. Think of it as a way to gauge interest in a project like a preliminary Kickstarter.

They had a first go and in a 24 hour trial period, Aleph pulled in more than 2 million staked NULS tokens which values at $1.25 million


https://finance.yahoo.com/news/token-staking-reward-system-wants-172434746.html
Why it is better than ICO and IEO,new way of fund raising doesn't mean you will get profits or this is scam free type.I exactly don't know how it works but still new projects launched everyday are getting more shit and useless.

From what it sounds like it's a precursor to a ICO and IEO. So you're able to sort out the shitcoins before they even happen  ;D


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: lixer on August 16, 2019, 01:29:38 PM
Well, game of luck though, we cannot condemn it until we try it out first, there is always room for competition and development, maybe this will eliminate scammers from the market, we might never know, but would not completely rely on it first because this was how STO came with all sort of promises right now, but look at it still struggling with just one project that is yet to see the light, which is Bitbond.

The only solution that we one now which is the major challenge of IEO and ICO is scammers, if this so called SCO will still accommodate scammers, then it is no better than ICO and IEO then, so I think we just have to continue with our IEO for now till this new method of yours is proven to be another reliable system like that of IEO, because we have to be careful so that we don’t drive investors away from the market completely.


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: cryptoperkele on August 16, 2019, 01:35:56 PM
Even icos or stos are different things, i don't think they are worth comparing and same applies to most 3 letter new crowdfunding acronyms


Title: Re: Better than an ICO and IEO? Introducing the SCO
Post by: yazher on August 16, 2019, 01:47:13 PM
Let's see where this one goes, better than ICO and IEO right? I don't know about this but thing cause I only heard it from this thread need to read more about this thing.

Anyway since the project is still at its early stage we cannot say that it's better from those 2 best methods of investment at least when ICO are more popular last time.

The best thing about it is its new way of investment I think there will be some investor who wants to try it if it really works, as for me I will just wait for its result.