To sum up:
1. [irrelevant steps]
[...] to verify via Jumio/Byteball you HAVE TO find somebody who just sends you over 8 USD worth of bytes which won't be easy because giving away money for free is not the most popular hobby of humanity.
Counting that this is going to be a viral distribution method is wishful thinking.
1. [irrelevant steps]
[...] to verify via Jumio/Byteball you HAVE TO find somebody who just sends you over 8 USD worth of bytes which won't be easy because giving away money for free is not the most popular hobby of humanity.
Counting that this is going to be a viral distribution method is wishful thinking.
You could be wrong: the system comes with a lot of incentives to do the registration. It only takes one person (the initiator) starting it by paying their friend/relative and guiding them through the proces. The new Byteball user receives $20 Byteball and the initiator receives $20 Byteball. Both the initiator and the new Byteball user can seek 2 new users without paying a dime themselves (it is funded by the $20 Byteball received earlier). The circle completes again and this could go on indefinitely.
Giving away $8 to a friend/relative/colleague is a no brainer, especially when pulling someone into crypto tech (at least in my enthusiasm). I wouldn’t feel a loss if I make sure the receiver completes the signup proces. Yes, ‘social pressure applied’
I think the biggest challenge for people is:
1. trusting Jumio with giving personal details
2. stating a real use case for 1
3. no Byteball wallet in the Apple iStore
There, I said it
Apple is the juicy ‘apple’ missing here.
I will surely try to convince a few Android users to give it a try and signup. Any ideas on point 2 are welcome.