Latest posts of: kimosabe79

This issue has been raised in the past few days, but not really addressed in detail. There are two major events going right now, the POS and the fight. One event is important to the altcoin enthusiasts who have a deep understanding of how these systems work, the other event is an attempt to introduce NAUT to a group of people who probably don't know the first thing about BTC, let alone altcoins.

For me, these events are completely unrelated and should be treated as such. The POS will strengthen our hand with altcoin savvy people, and will hopefully lead to some buying of NAUT from within the altcoin community.

However, MMA fans who will be watching the fight have no interest in the technical aspects of NAUT, and we would be wasting our breath trying to explain why POS is a big deal. The issues must remain separate. The exposure we will get from the fight will be relatively useless unless we can develop a mechanism for bringing those people into the fold (i.e. having them purchase NAUT). I would argue that the overwhelming majority of them would not be willing/able to take all the steps currently needed to purchase NAUT (I can only assume the police station idea was made in jest). This needs to be a major focus. If NAUT can be the coin that becomes readily available to the masses, it becomes a real winner. It was brought up in a previous post - it needs to be a few clicks and a credit card away.

People seem very certain that the exposure from this fight will have a huge and immediate effect on the price of the coin. While I own a bunch of NAUT and will be a long term holder, I do not necessarily buy this line of thinking. We need to make it easy for some guy sitting on his couch to own NAUT - directing him to a website that focuses on technical issues like POS, Digishield, etc., and making him go through multiple steps over the course of 4-5 days makes it extremely unlikely that this person will ever own NAUT.

I would appreciate any feedback on this topic, as I am new to the altcoin community and am trying to approach this in a practical, business-centric sense. The more people that pour money into NAUT, the more the currency appreciates, let's make it easier for this to happen!

BK - I would love to get your take on this issue

How about verified ebay sellers as an option for these people. It can be done quite easily with minimal extra cost if customers are directed to sellers.

The ebay idea is thinking about it on the right scale. Bartering may be the easiest and fastest solution for some people, but it's not scalable. We're trying to get NAUT to hundreds of thousands of people. The new people that we need to attract to NAUT don't have friends they can barter with. They aren't going to setup a craiglist deal in a parking lot. IMO, we'd be better off telling people to give us their email and we'll let them know when NAUT is available to be purchased easily than turning them off completely by sending them on some 10 step journey. If people get to the site with the intent to buy and leave thinking it's way too complicated, we're worse off than we started.

Thinkin outside the box here...would it be too crazy to have people come to the site, see a "get your Naut-y now" button. They click it and it takes them to a page where they purchase a Nautilus t-shirt. With the Nautilus shirt purchase they get, say, 50 "free" NAUT coins. Now, I know you techy guys are thinking I'm a G-D moron. Patience. Im new to this shite!
Wouldn't this eliminate the rule/law/infrastructure limiting people from buying NAUT direct with money? If so, would a voucher for said "free" coins upon tshirt purchase make sense or be allowed? Maybe, upon purchase of the tshirt the buyer has to register an account with MintPal, etc. So the steps would be...
They buy their shirt and get a voucher. Then, register an account at an exchange and type in their voucher (basically the voucher is a public wallet receive address) which "pings" Nautilus who then sends them the coins.
Too crazy? Too complicated? I like that it's scalable, provides additional exposure to the brand/product with t-shirt sales, and gets some "average-joes" (like my boy mjh712) easy access to the coin and alt-coin universe.