 Show Posts
|
|
Pages: [1] 2 »
|
Here in crypto we can use affordable for us to invest so small business is like that and i think that's really good because start little by little for investment is recommended to do then try again in again if you lose another thing this is in online with worldwide users so if they unite to do try to invest even a little i think that will grow,Moreover better to think popular like bitcoin that we use to trade in many alts so that's why it grow because this is really useful like to pay bills with low fees and solid for investment so my point or it depends if your business have potential to become popular
It's all about the network affect, right? Just gotta get a small niche to buy in and then the rest will follow. |
|
|
|
|
Hi, just wondering if anyone has a Token Sale Agreement template that you can share with me? I am not looking to launch the sale in US and China.
|
|
|
|
this is a pretty good thought especially in collaborating between blockhain technology and small business systems. I think this will be an evolution that might be applied to all small business fields. but of course, to fulfill such achievements, of course, it takes quite a lot of time, especially in terms of socializing blockhain technology to the small businessmen.
That's the idea. Thanks for the encouragement. We constantly think about technology and how it can interface with real life. Chances are that real life users are likely non-technical so technology needs to be easy. To make blockchain easy, we find that we need to utilize its non-middleman benefit and automate processes so businesses save time and money. |
|
|
|
The blockchain technology has been identified as a means of supporting and boosting upstarts and small businesses. The open source protocol, transparency, and peer-to-peer interactions makes it suitable. Your idea looks good on paper. Time to get to work.
I believe on the same thing. While cryptocurrency is at the turmoil right now and greatly riddled with so many scams and frauds, the technology behind this all which is the blockchain that is the one which is more important and has the potential to revolutionize many sectors including the SMEs players. Small business can be lean and can easily adopt to new technologies provided there is already an available infrastructure they can easily use...this is now the challenge of many providers to come up with the effective, robust but very much affordable platform for small business that can bolster their business and can level the field in the face of so much competition for customers' attention and purchasing power. This is the time for small business to shine... We are all in it surely for the technology and the whole scam thing is just a distraction from scammers and those who are looking for different means to get rich over night without having to take their time to study and understand the market they are in and how to play safe. I believe with Small and Medium Scale Enterprises, adopting blockchain technology, it will certainly help in boosting their business in a whole lot of way than we can even imagine. I guess we are already beginning to see that gradually anyway and I believe over time, we will get to see more. Yes. We all know that major corporations are adopting blockchain in some shape or form. When the technology becomes more dominant and cheaper to implement, more use cases will be developed for different niche markets. In fact, I argue that blockchain was really invented to help to grassroot population and not meant to make rich people or major corporation richer. It was meant to cut out the middleman so regular people like us can have access to financial or data systems directly. And then as stakeholders, we all get to vote on what we believe is right. The blockchain consensus mechanism has the potential to significantly reduces lobbying-type of influence, fake news, or manipulation of data. |
|
|
|
So with Blockchain who do you think is safe, the seller who is offering the products and services or the customer who is buying them? And what kind of small business are you referring to, the online business or the offline, cause if you’re referring to the offline business which we do outside the internet, then you’re very wrong by putting digital currency to go together with such businesses, it’s a bad idea. Cryptocurrency is only fit for online businesses.
Those are definitely valid points. In fact, we understood the difficulty of spending crypto in offline business and adjusted to it. I have personally visited over 150 small businesses (mainly retail, cafe, or restaurants) in the Greater Toronto Area. One of the biggest Challenge that they face is lack of traffic and awareness. Many of them have turned to social media for exposure but most are not successful. It takes a lot of time, expertise, and money. This is where we come in. The idea is to enable businesses to post a Challenge on nodis.io for the community to participate. All participants that complete the Challenge will be rewarded with tokens. Then they can take the tokens to buy vouchers listed by the businesses. Vouchers will then be redeemed at the store level. This creates awareness, engagement, and ultimately traffic into the store. This essentially eliminates the need to have offline cryptocurrency transaction. I hope this helps...? |
|
|
|
I want to believe we are gradually seeing the adoption of the blockchain technology in a lot of businesses gradually and even though it is minute at the moment, it is still a big start. At least, like someone rightly said, this would bring about some level of transparency when we are talking about partnerships within the business and the need to always do things right.
However, every of these things we are saying is all still on the whole team behind the business, how ready they are willing to work, how effective they want to make their business solve a problem and bring a solution to the world and how they can integrate the blockchain technology in achieving all of that.
Great point. I am actually writing an article on the value of a solution to solve a real world problem. Transparency and automation through smart contract can connect business directly to their customers. We want to create a platform where we are simply just a point of contact. Like a cross road where people meet up to decide what they want to do freely and not like meeting in a restaurant where the people need to follow the schedule/menu. And the solution is meant to be completely dummy-proof that even my parents can use. It'll be tough but that's where we are heading. |
|
|
|
I think blockchain make a lot of changes in all business marketing and not only in small business. Through this, the system of business becomes more convenient and easy to operate.
Right. We just got to make sure the technology becomes a no-brainer solution that's absolutely easy to use even for people that aren't techy. |
|
|
|
Yes, blockchain can be combined with manufacturing and service industries. They are about to change the world. Otherwise the blockchain will be a bubble. But the cryptocurrency is not a bubble.
I kinda feel the opposite. I believe cryptocurrency is more likely to be the bubble (as we have seem with many of the ICOs). But the blockchain technology is here to stay due to its immutable, transparent, and automation benefits. Many big companies and banks have already started to patent different applications with blockchain. |
|
|
|
Small businesses in their custody will face certain difficulties in terms of capital and scale but they on a small scale they can diversify their investments and can reach the blockchain.
Agree! However, like I said in my previous replies to others, we really need to make the technology more easily accessible for the non-techy users. It needs to be simple like WhatsApp for online messengers or Newsboard like MSN.com. |
|
|
|
Do you do a bank transfer when you’re buying coffee? Or do you do bank transfer when you buy stuffs in a supermarket? I have no seen where it’s being done and what they make use of is POS (Point of Sale) which they request just for your credit card and deduct the total money for what you bought, and that is way much faster than it will be if you are using a Blockchain wallet. I don’t know if anyone is really getting what I’m saying.
These are definitely valid points and will be a big hurdle to overcome for bitcoin and other altcoins. We at Nodis.io recognize that issue and so we only allow people to buy vouchers on our website using their tokens. Then shoppers will take those vouchers to redeem at stores. Much like how Groupon work. Shoppers earn tokens through participating in promotional Challenges. |
|
|
|
A currency like bitcoin can help many businesses that have very low profit margins, and this is possible because if you were to process the very same transaction with a bank, the bank will subtract a portion of that transaction and keep that money for themselves, but when it comes to bitcoin the buyer only needs to pay the transaction fee and you keep the rest of the money for yourself.
Correct. We just got to figure out how to stabilize bitcoin as well as other top cryptocurrencies. Without a stabilized economy, it's hard for businesses to remain profitable as they have monthly fix overhead to pay. Obviously, if bitcoin goes up another 200-300%, no one will be complaining, but it's only when there is a crash like the one we have now that it becomes a problem. While individuals may be able to hodl for longer but businesses don't have that luxury. Utility companies, banks, employees, and investors do not have the patient to wait 6-12 months before crypto's next spike. |
|
|
|
The blockchain technology has been identified as a means of supporting and boosting upstarts and small businesses. The open source protocol, transparency, and peer-to-peer interactions makes it suitable. Your idea looks good on paper. Time to get to work.
I believe on the same thing. While cryptocurrency is at the turmoil right now and greatly riddled with so many scams and frauds, the technology behind this all which is the blockchain that is the one which is more important and has the potential to revolutionize many sectors including the SMEs players. Small business can be lean and can easily adopt to new technologies provided there is already an available infrastructure they can easily use...this is now the challenge of many providers to come up with the effective, robust but very much affordable platform for small business that can bolster their business and can level the field in the face of so much competition for customers' attention and purchasing power. This is the time for small business to shine... So true. In our research with small businesses, their biggest bottleneck to gain more online exposure is a lack of time, budget and expertise. Blockchain's inherited advantage of cutting out the the middleman while still being transparent allows for automated activities. In our idea, we allow SMEs to set up promotional Challenges for people to participate. Then participants submit their completion on Nodis.io and allows it to be validated by the community. Both Challenge participants and validators are rewarded with tokens for their effort, which reduces the marketing cost of businesses. In the whole process, businesses are also getting exposure without them actually have to do anything (except in the beginning to setup the Challenge). This can then significantly reduce the requirement of time and online marketing expertise. |
|
|
|
The transparency aspect is actually a very good way to start when it comes to new businesses utilizing the blockchain technology. At least for one thing, blockchain allows the secure sharing of business processes within companies and partners, which can be related to business activities, contracts, records, and so on.
All these things make sense for a business trying to bring the future quickly into the present and I believe it would go a very long way for the development and growth of such business in a short time. nevertheless, we should still not forget that all these depends on how well the team is ready to work as blockchain technology itself will not just be some magic wand to make businesses successful out of nothing.
Thank you for that comment. Yes, we are working hard to make sure we are constantly researching, validating, and reacting in our development. We had 3 separate research done in the past 9 months. 1 general survey about people’s needs in marketing and acceptance to blockchain, 1 survey regarding the message and solution based on the our solution and the blockchain, and last research of actually visiting 150+ businesses to see their feedback of our prototype. We don’t want to just use the hype of blockchain as our main advantage. We want to make sure our solution actually needs the market’s needs and will be beneficial to our users. |
|
|
|
Small businesses in their custody will face certain difficulties in terms of capital and scale but they on a small scale they can diversify their investments and can reach the blockchain.
I agree. I believe the blockchain technology has the potential to reach every sizes of businesses. Whether it’s from the obvious financial, supply chain, or data information, there are other possibilities too. Just like the internet how it was when it first got started to how it is now. The biggest bottleneck is always how we can make it more easily accessible to the general public that aren’t techy. Blockchain needs to one day be usable even for mom and pops in order for it to go main stream. |
|
|
|
Why did you decide to use the NEO platform if it would make your tokens easier to he listed in exchanges if it was an ERC20 token issued in the Ethereum platform.
Have you considered less known but time tested platforms like Burst maybe?
Good question. I actually JUST posted a thread in the link below about why we are using NEO. And no, I haven't checked out Burst yet, but I will! https://bitcointalk.org/index.php?topic=5030347.0 |
|
|
|
Hi all! The project I am working on is looking to move forward on the NEO blockchain platform. However, we are really still contemplating if that's a good move. I am looking for thoughts and comment on if our decision is a good one. Our criteria is mainly on the cost, development-easiness, and transaction speed side. Below are our justifications:
- Smart Economy - NEO specifically developed the blockchain with trades and economy in mind. Its goal is to digitize any physical assets. All users have a digital identity so that the owners are clearly identified. This is extremely important for legal compliance and legitimacy of ownership.
- High Transaction per Second (TPS) - NODIS.io has the potential to generate significant amounts of transactions due to the community validation feature. We need a blockchain that has high TPS. Bitcoin can do 3–4 transaction per second, Ethereum does around 15, and NEO is currently at 1,000 with the potential to get up to 10,000. Note that I am aware of Ethereum's Sharding but that may not be implemented until 2020.
- Free Cost of Storage (as of now)- As mentioned above, while there is a cost of 0.0001 GAS for each transaction, there is no cost for storage.
- Efficient Consensus Mechanism- NEO uses the Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism. It allows for the community to decide who will be the consensus node (bookkeeper). A consensus is achieved when two-thirds of the voting participants agree with the consensus node's version of the blockchain.3 This mechanism allows for quicker validations with less resource consumption for higher scalability.
- Finality- Due to NEO's dBFT consensus system, there will be no chance of forking. As long as the consensus node has 66% of the vote, the decision will be enforced. In the case that the community does not agree with the consensus node, a replacement bookkeeper will take the spot to propose an agreeable version.
- NeoContract (Smart Contract 2.0)- NEO uses a lightweight virtual machine called NeoVM. It allows for faster start up while taking less resources. It is highly scalable, reliable, and possesses high certainty through a combination of high concurrency, dynamic partitioning and low-coupling design. It also optimizes and reorganizes Smart Contract codes before executing for efficiency. Lastly, it can be used with familiar IDEs such as Visual Studio and Eclipse.
- Coding Language Flexibility- NEO allows for C#, Java, Python, and Go programming languages.
What do you guys think of these justifications? Do you think they are sufficient over the more popular Ethereum?[/list] Original article from -> https://www.reddit.com/r/BlockChain/comments/9gvo68/why_i_am_using_neo_blockchain_for_marketing/?utm_source=reddit-android |
|
|
|
Probably not. If it involves cryptocurrency then its not going to be very good for small businesses as it will be manipulated. But if its just for the product manufacturing, accounting and licensing and whatever, this blockchain technology will be one of the greatest of all as it can be traced back down to where and who the product were because of transparency.
I agree with you that crypto manipulation could be a serious risk for this idea. I am really looking forward to here the experts about this subject. I will be grateful to learn how people have dealt with it. |
|
|
|
Proof of Completing Challenges lol. It might work, might not work, but it would depend on having people solving the challenges. What about the nodes? Does each challenge solver have to run one, or can they join a pool?
How do you protect the system from 51% attacks? The challenge solvers might collude and hard fork the project.
We are considering to build the solution under NEO blockchain so I don't think we will have enough volume to over take the platform. So Challenge participants will just simply sign up the Challenge that got posted. Then when they complete, they are rewarded with tokens. They won't be having nodes nor voting power under this structure. That being said, we have considered to build our own blockchain in the future. In fact, our co-founder is investigating the idea now as we suspect it may cost a lot of GAS for the community validation mechanism when we are scaling. We prefer to have registered businesses to be nodes instead just anybody. We are targeting specifically at small business owners, which mostly aren't techy/interested enough to coordinate a global 51% attack of a blockchain. Business owners will have to option pay tokens to post Challenges so should be in their interest to be a node as well. |
|
|
|
And don't forget about more particular examples like smart contracts. For example, I follow closely SciDex. They are creating a new type of smart contract generator for complex transactions. So that even regular businesses that need legally binding contracts can be on the blockchain. That’s improving the whole blockchain ecosystem, if you ask me.
Love that idea. Blockchain has so much utility in this day of world. We just need to make it so that non-techy average joe can easily use it. Just like WhatsApp or Messenger, once installed, even my parents can use. (my dad had difficulty figuring out how to copy-and-paste file from one folder to another) |
|
|
|
Your logic is mostly correct "although I did not understand the third point" but you have to rephrase it to be attractive. Commonality #1 — Solution Focused
For example, you can set up a coffee shop and use Blockchain to ensure transparency. The coffee was grown on day X, using the equipment x, and then harvested using x, packaged x, and made by x, all these steps checked using blockchain to ensure the highest quality. Commonality #2 — Trust Earned
High transparency leads to trust, as the customer will ensure a high-quality product with the accents requested, leading to confidence in the store without the use of trademarks. For the rest of the points, I think you confuse the concept of "Blockchain" and "Cryptocurrency," correct me if I am wrong. Thank you for the feedback! I love your examples and how easy you make it connect. I will be thinking about your logic to better my message in the future. THANKS! As for your comment on confusing blockchain and crypto, I probably didn't explain it properly. I meant to say... "Blockchain makes cryptocurrency possible and it can be a unique reward system that stands out against thousands of loyalty program out there". Hope this is more clear! |
|
|
|
|
