Coval VS Incent

[nextgencoin]

*Disclaimer I'm not saying either is bad I just wanted a discussion comparing the two.


I am biased as I am invested in Coval but here is my problem with Incent.


-Firstly of course I like the concept of Incent as I think the Loyalty industry is perfect for crypto, amazing that no one has really developed it fully already by now.

-BUT Incent seems to be just a concept right now, all I see is animations and drawings and they said they will employ Developers after the ICO to make the apps?


-Also I think them asking for 5 million is a little bit of a money grab especially if they will profit from the platform and you don't need 5million to employ developers?


At first I thought well as they already have merchants with Bitscan then they have some advantage but looking at the quality of those merchants they are hardly billion dollar companies judge for yourself. They are just online resellers also not actual companies.

https://mall.bitscan.com/stores.php


Briefly Coval is already about to go live, it has more depth than just adding merchants as it is now working on a podcasting app which has the potential to monetize podcasting. The price is dirt cheap and has a market cap of a fraction of what Incent is asking for the ICO which values it at 5 million obviously off the bat. Coval also has the backup of Loyyal the biggest most successful loyalty program in existence right now with billion dollar companies signing up, thats got to help at some point?

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[Wosterlee]

It's too early to tell about those two. Neither have a clear plan on the table yet.

Incent is on the WAVES platform for some reason I haven't looked into. COVAL is independent which is a plus for me.

On the other hand Incent has a bigger team and that is better for business relations and marketing. I know Shannon could use his Loyyal contacts for marketing etc


Looking forward for the COVAL update next week tho. Hope it will give some clarity to us early investors

[glerant]

It's too early to tell about those two. Neither have a clear plan on the table yet.

Incent is on the WAVES platform for some reason I haven't looked into. COVAL is independent which is a plus for me.

On the other hand Incent has a bigger team and that is better for business relations and marketing. I know Shannon could use his Loyyal contacts for marketing etc


Looking forward for the COVAL update next week tho. Hope it will give some clarity to us early investors

Good points.

TBH - I think both of these have the potential to be huge and will also create a lot of interest in their respective partners - WAVES and Counterparty.

[nextgencoin]

It's too early to tell about those two. Neither have a clear plan on the table yet.

Incent is on the WAVES platform for some reason I haven't looked into. COVAL is independent which is a plus for me.

On the other hand Incent has a bigger team and that is better for business relations and marketing. I know Shannon could use his Loyyal contacts for marketing etc


Looking forward for the COVAL update next week tho. Hope it will give some clarity to us early investors

Good points.

TBH - I think both of these have the potential to be huge and will also create a lot of interest in their respective partners - WAVES and Counterparty.

I've always believed crypto suffers from feelings of being in unnesesary competition with itself. And yes I did start a thread trying to compare two projects but it's not a zero sum game, there is ALOT of market to be had in terms of the loyalty industry, 50-100 billion in fact. My point is really to show how underrated Coval is cause Incent is really quite a basic platform (once it's done) comparable to Ribbet Rewards a few years ago. The difference is Incent will have 5million poured into it from the ICO and I assume investors hope the market cap will increase from there. Meanwhile Coval the more developed project has a market cap of $250.000 so I think you can see where I'm going with this. i.e. Coval is highly undervalued when looking at what honestly is a less developed and sophisticated project in comparison.

Bottom line is Coval should be at least a few million in market cap and it's only a matter of time before it is I think.

[Zer0Sum]

It's too early to tell about those two. Neither have a clear plan on the table yet.

Incent is on the WAVES platform for some reason I haven't looked into. COVAL is independent which is a plus for me.

On the other hand Incent has a bigger team and that is better for business relations and marketing. I know Shannon could use his Loyyal contacts for marketing etc


Looking forward for the COVAL update next week tho. Hope it will give some clarity to us early investors

Good points.

TBH - I think both of these have the potential to be huge and will also create a lot of interest in their respective partners - WAVES and Counterparty.

I've always believed crypto suffers from feelings of being in unnesesary competition with itself. And yes I did start a thread trying to compare two projects but it's not a zero sum game, there is ALOT of market to be had in terms of the loyalty industry, 50-100 billion in fact. My point is really to show how underrated Coval is cause Incent is really quite a basic platform (once it's done) comparable to Ribbet Rewards a few years ago. The difference is Incent will have 5million poured into it from the ICO and I assume investors hope the market cap will increase from there. Meanwhile Coval the more developed project has a market cap of $250.000 so I think you can see where I'm going with this. i.e. Coval is highly undervalued when looking at what honestly is a less developed and sophisticated project in comparison.

Bottom line is Coval should be at least a few million in market cap and it's only a matter of time before it is I think.

Yeah, I own some (at $240,000 cap it's worth a flyer)...
Though the alt has been dead-in-the-water all summer. 

https://medium.com/coval/update-0916-fb9c64742677#.2rruxu4jv

Does anyone see anything NEW there (the way Steemit had truly unique ideas that at least built a 5,000 user base)?

I see talk about building a better, smarter, user-friendlier mousetrap than the one that failed...
"Better" and tweaks is just treading water, a "new paradigm" is necessary here.

[nextgencoin]

It's too early to tell about those two. Neither have a clear plan on the table yet.

Incent is on the WAVES platform for some reason I haven't looked into. COVAL is independent which is a plus for me.

On the other hand Incent has a bigger team and that is better for business relations and marketing. I know Shannon could use his Loyyal contacts for marketing etc


Looking forward for the COVAL update next week tho. Hope it will give some clarity to us early investors

Good points.

TBH - I think both of these have the potential to be huge and will also create a lot of interest in their respective partners - WAVES and Counterparty.

I've always believed crypto suffers from feelings of being in unnesesary competition with itself. And yes I did start a thread trying to compare two projects but it's not a zero sum game, there is ALOT of market to be had in terms of the loyalty industry, 50-100 billion in fact. My point is really to show how underrated Coval is cause Incent is really quite a basic platform (once it's done) comparable to Ribbet Rewards a few years ago. The difference is Incent will have 5million poured into it from the ICO and I assume investors hope the market cap will increase from there. Meanwhile Coval the more developed project has a market cap of $250.000 so I think you can see where I'm going with this. i.e. Coval is highly undervalued when looking at what honestly is a less developed and sophisticated project in comparison.

Bottom line is Coval should be at least a few million in market cap and it's only a matter of time before it is I think.

Yeah, I own some (at $240,000 cap it's worth a flyer)...
Though the alt has been dead-in-the-water all summer.  

https://medium.com/coval/update-0916-fb9c64742677#.2rruxu4jv

Does anyone see anything NEW there (the way Steemit had truly unique ideas that at least built a 5,000 user base)?

I see talk about building a better, smarter, user-friendlier mousetrap than the one that failed...
"Better" and tweaks is just treading water, a "new paradigm" is necessary here.

Let's be honest anyone who has tracked the development of Coval from Ribbet Rewards onto Loyyal and then as a branch of the Loyyal network it's been messy as a trade. It's all very easy to drum up interest with a big ICO flashy videos, websites etc. Incent has all that going for it. Coval has been like watching a drunk stumble blind through a brothel. People got every excited for Loyyal it seems and then people lost money, once bitten twice shy etc blah blah. BUT the fact remains Coval is now a very developed platform due to having the Loyyal platform and the key developers of that platform dedicated to seeing it work. Shannon Code and Michael Sullivan seem to have impressive track records. For Goodness sakes Michael literally invented the term 'CROWDFUNDING' Google it if you don't believe me, so surely someone with ideas and predigree. problem is they seem to dislike hype and any form of promotion and even more so being on this forum. This is so different to 99.9. % of Ico developers here who are only too easy to hype hype hype and deliver nothing more than a pump so I get where they are coming from.

Looking at the tech I'm no expert but clearly it is a new paradigm to Steemit which is no more than a ponzi scheme. The double level of coins seems pretty unique to me. Let's be clear Coval with its development from Ribbet and Loyyal is at the cutting edge of crypto in loyalty. The blog entry you posted was merely an update, this one sets forward the project.

https://medium.com/coval/circuits-of-value-8222011ac4f8#.vtkp82emo

[Wosterlee]

https://medium.com/coval/circuits-of-value-8222011ac4f8#.vtkp82emo

@nextgencoin
My initial response at this thread was laughter  and I thought that you we're just frontrunning the coin you've been bagholding (you're not the only one)

But now that I've read that first blog post again I must agree with you, COVAL is going places. Shannon founded the company 'Decentric' specifically to back COVAL, meaning this is not some flaky attempt of making a cryptocurrency.

In an effort to build COVAL into a successful RApp and revolutionary rewards program I found it necessary to form a corporation. The new C Corporation was formed in the crypto friendly state of Delaware under the name Decentric. All further agreements, partnerships and obligations will be undertaken within the context of Decentric.

Full list of partners is coming soon.

[nextgencoin]

https://medium.com/coval/circuits-of-value-8222011ac4f8#.vtkp82emo

@nextgencoin
My initial response at this thread was laughter  and I thought that you we're just frontrunning the coin you've been bagholding (you're not the only one)

But now that I've read that first blog post again I must agree with you, COVAL is going places. Shannon founded the company 'Decentric' specifically to back COVAL, meaning this is not some flaky attempt of making a cryptocurrency.

In an effort to build COVAL into a successful RApp and revolutionary rewards program I found it necessary to form a corporation. The new C Corporation was formed in the crypto friendly state of Delaware under the name Decentric. All further agreements, partnerships and obligations will be undertaken within the context of Decentric.

Full list of partners is coming soon.

Which is why I am unashamedly hyping it cause it is a brilliant project. And in the end reality catches up with coins for good or bad so in the end the market will price this one way more than currently, I'm pretty confident of that. The Rapps built onto are also a dimension that Incent isn't coming close to. VOCAL is gonna be big, thats my gut feeling.

[nextgencoin]

*Beware the price suppression on Bittrex. Someone/bot for some months now will monkey hammer the price as soon as it start to move up, turn it into a positive and use it to accumulate I know I have.   

[slick2]

 

both are good

Incent was kinda new, if you join their slack some of their devs are from NXT project.  I've heard Franko is not part of COVAL, he was before when it was in Ribbitrewards.

[SANALIU]

if you want investment and buy ico altcoin
before buy you must reseach and survey about dev
team dev must reputable, and selling must escrow in reputable, and addres in hand escrow not in hand dev

[Tanglemymind]

Greg Simon is a known scammer and bs artist. I would never touch anything he is involved with and that includes that teenage girlfriend of his.
He screwed everyone wit ribbitme and dumped it to line his pockets. Fuck him!

[slick2]

Greg Simon is a known scammer and bs artist. I would never touch anything he is involved with and that includes that teenage girlfriend of his.
He screwed everyone wit ribbitme and dumped it to line his pockets. Fuck him!

very serious allegations.    

projects do sometime succeed and sometimes fail, i don't think it's he's fault,  RBR/COVAl would not break 100 satoshi

[raphma]

i liked incent too but the fact that waves still didnt released the nodes made me stay away... if sasha continue delaying incent will have problem at launch. Too risky for me.

[crazywack]

I to belive Coval is going places. Seems to have a ton of backing and the developers aren't your average guys.

Should get a blog update this week, we will see where it goes.

[dannyman]

i liked incent too but the fact that waves still didnt released the nodes made me stay away... if sasha continue delaying incent will have problem at launch. Too risky for me.

What I don't get is Coval with its history was and IS the first Universal Loyalty platform that Incent claims to be but thats simply not true. Incent doesn't even seem to have anything more than a website ICO and some sketches...thats the truth. And while Incent is hoping to raise 5m before it hits the exchanges but the truth is Coval has only a market cap of $250,000. Something is wrong with this picture??

[crazywack]

i liked incent too but the fact that waves still didnt released the nodes made me stay away... if sasha continue delaying incent will have problem at launch. Too risky for me.

What I don't get is Coval with its history was and IS the first Universal Loyalty platform that Incent claims to be but thats simply not true. Incent doesn't even seem to have anything more than a website ICO and some sketches...thats the truth. And while Incent is hoping to raise 5m before it hits the exchanges but the truth is Coval has only a market cap of $250,000. Something is wrong with this picture??

Yes Coval/RBR is the first and is already seated nicely in the Dubai market. They also have offices in NY and Dubai and looking to expand into the UK next i think.

I just want to know what or how Coval is going to play into the loyyal projects. Can't seem to get a straight answere. Back when Franko was helping develop he was open to questions about the project and its future.


Also seems to be tons of sell pressure so unless they release some gigantic news or product I can't see this going more than 10x.

[JeffBrad12]

i liked incent too but the fact that waves still didnt released the nodes made me stay away... if sasha continue delaying incent will have problem at launch. Too risky for me.

Seems like incent is very bad for you, but just waiting where it goes and we will know the future of incent, but too many media is already reporting the incent platform.