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Author Topic: Goodomy [GOOD] - Launching May 24, 2018 // From the creator of the first ICO  (Read 22239 times)
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Crashdaraven
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February 06, 2018, 08:07:58 PM
 #501

Hello everyone,

I,m new here, just call me crash.

On your website you speak about Project LOT and LOT tokens, what are they?
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February 07, 2018, 05:50:41 PM
 #502

Hello everyone,

I,m new here, just call me crash.

On your website you speak about Project LOT and LOT tokens, what are they?

Thanks for joining us Smiley

Project LOT is the second of 3 planned components of the Goodomy ecosystem.

If Shopomy is a kind of worldwide distributed bank disguised as a shopping app (see here), then the next piece of the puzzle is a type of 'operating system' for the internet of things, disguised as a search engine (codenamed LOT).

Initial work on it would begin when the big Shopomy release is at the testing stage.

It is a derivative of something I had been working for a number of years on but shelved due to the capital requirements of building a search engine. Those concerns are moot when applied to cryptocurrency. However, this isn't a mere search engine. It is something different.

Shopomy and LOT will complement each other in unique and interesting ways. GOOD holders get free tokens for this and all other Goodomy projects in future. It's one of the factors that will play a part in Goodomy's future value.

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 07, 2018, 08:13:01 PM
 #503

Verry inresting, looking forward to it.

Is there another way than coinexchange to get GOOD?
My buy orders dont always get accepted :-(
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February 08, 2018, 05:33:16 AM
 #504

Verry inresting, looking forward to it.

Is there another way than coinexchange to get GOOD?
My buy orders dont always get accepted :-(

That's the only way for now.

Perhaps your buy orders are priced too low? What do you think..

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 08, 2018, 08:08:04 AM
 #505

Yes, priced to low.
Anyway, for which Major exchange have you applyed for?
Wanna make sure i have a account there :-)
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February 08, 2018, 01:36:26 PM
 #506

Yes, priced to low.
Anyway, for which Major exchange have you applyed for?
Wanna make sure i have a account there :-)

Application is one thing, acceptance is another  Smiley

We'll inform the community as much as we're able to (as some exchanges discourage talking about being added to their exchange)

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 09, 2018, 08:14:17 PM
 #507

need to be listed in cryptopia or more.
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February 10, 2018, 01:16:53 AM
 #508

need to be listed in cryptopia or more.

Cryptopia is quite small. We have our sights set on much bigger markets. This will take perhaps a couple of months. The new website was the first step.

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 12, 2018, 12:23:00 AM
 #509

I've added U Cash to our 'peers' list, though they're doing something more traditional (P2P money) and is quite different from Shopomy.

From their website:"U.CASH is unbanking the world! U.CASH is a global peer to peer platform designed designed for everyone. By utilizing our platform and a global network of online and live converters, users and converters will be able to instantly deposit or withdraw from their U.CASH accounts using cash or digital assets alike. Once on the platform, users and converters across the globe gain access to a full gauntlet of decentralized financial and blockchain services:"

CURRENCY CONVERSION
Convert between many popular cryptocurrencies and other digital assets through the website and apps.

SEND & RECEIVE FUNDS
Send/receive funds to/from anyone in the world through their email address, phone number or the U.CASH portal.

LOCKING VALUE
Lock digital currency / asset in your wallet to a local fiat currency for easy value storage without volatility.

BILL PAYMENTS
Pay your bills using your U.CASH app easily for a one-time payment or setup recurring payments.

MOBILE RECHARGE
Refill your mobile minutes or data using your U.CASH app simply by providing your phone number and payment amounts.

P2P LOANS
Access loans from our MSB network or interact with individual converters and manage your loans on the U.CASH platform.

NOTARIZATION
Verify and "notarize" the existence of your document on the Bitcoin and Ethereum blockchains with time-stamping.

PREPAID DEBIT
Link a prepaid debit card to your account to fill using your U.CASH app, which you can then use anywhere debit is accepted.

VIRTUAL CREDIT
A virtual credit card which you can manage using the U.CASH apps. Pay anywhere NFC-Tap is accepted or for online purchases.

COMMERCE
Interact directly with merchants offering e-commerce or traditional services including payments, escrow and logistics.

RETAIL PRODUCTS
Converters can add additional retail products they provide through the portal including prices and delivery options.

FOREIGN EXCHANGE
Convert easily between foreign currencies on the U.CASH platform and transact using that currency wherever required.

GIFT CARDS
Buy/Sell or manage gift cards provided by partners through the U.CASH network, externally through APIs or added manually.

USER MANAGEMENT
Manage the people you interact with on the U.CASH platform adding chat capabilities, quick transactions and order management.

ACCEPT PAYMENTS
Accept payments in many popular cryptocurrencies, local currencies or even virtual assets using the U.CASH platform.

It's interesting to note that they're also using the 'Free your money' phrase.

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 12, 2018, 01:30:28 AM
 #510

Some people have asked, "Will Goodomy be worth more than _____?"

There's no way to predict a future number. But today, U Cash has an almost $2 billion market capitalization.

However, Goodomy is doing something very different than U Cash, OmiseGo, and others in the space. U Cash began in 2014 as 'Securacoin', a service for businesses to buy & sell bitcoin through their storefronts. U Cash seems to be an extension of the same concept, but for its own currency. Whether or not local users will want to buy/sell U Cash from businesses much more than they wanted to buy/sell Bitcoin is something for the marketplace to decide.

More importantly, though, users need a reason to use any network. Many of these companies and websites are built to impress speculators, not really to provide value to its target market. It is not enough to just have a way to transfer value. "Why would users value it in the first place?" is the important question. If users don't value it, its transfer becomes irrelevant.

Users need a fundamental reason to...

1) "Convert between many popular cryptocurrencies and other digital assets through the website and apps."
2) "Send/receive funds to/from anyone in the world through their email address, phone number or the U.CASH portal."
3) "Lock digital currency / asset in your wallet to a local fiat currency for easy value storage without volatility."
etc, etc.

I can't imagine more than 10-50,000 users around the world having the problems solved by 1-3 above. (And number 3 seems to be another way to say that you can convert your digital currency into fiat in the app.)

Goodomy is actually solving a problem that most consumers and small businesses around the world have, not creating complicated solutions to problems that don't exist. More details about the kind of problems Goodomy and Shopomy solve will be revealed closer to Shopomy launch.

Most importantly, the Shopomy platform (our flagship product) will be FREE for everyone to use. The value of GOOD will not depend on fees. (Fees generally go to pay for all the overhead, though Goodomy has a much better method for this.) OmiseGO charges upwards of 3.65% per transaction. Although U Cash's fees are difficult to understand let's check out their fee schedule from their FAQ section:

Quote
FUNDS LOAD/UNLOAD (3% additional charged to customer):
Tellers (Globally) - The higher of 21% of the fees charged by the teller or 0.3% of total transaction, paid to U.CASH

RETAIL BITCOIN BUY/SELL (4% additional charged to customer):
Tellers (Globally) - The higher of 21% of the fees charged by the teller or 0.3% of total transaction, paid to U.CASH

ONLINE DIGITAL CURRENCY CONVERSION
Users (Globally) - 0.8% fee for the value of the conversion between a U.CASH balance and digital currency.

U.CASH USER LOAN ORIGINATED (from 10% to maximum regulated interest for customer):
Tellers (Canada) - 3.0% of the total amount loaned is payable to U.CASH at loan issuance.

TELLER CUSTOMER LOAN ORIGINATED:
Tellers (Canada) - 0.3% of the total amount loaned is payable to U.CASH at loan issuance.

IN-PERSON BILL PAYMENTS ($3.00 additional charge for customer):
Tellers (Canada) - 21% of the fee charged by the teller is paid automatically to U.CASH at transaction time

ONLINE BILL PAYMENTS:
Users (Canada) - $2.00 CAD fee charged to the U.CASH user. 21% of fee goes to registering teller.

When a user wants to add value to their U Cash account there are 2 fees. The first is what the person buying/selling the U Cash is charging (3%). The second is what U Cash charges (21% of 3%, or 0.3% of the transaction total, whichever is higher). There may be other fees as well, such as network fees.

These fees are too confusing for the average person. Besides that, they're high. There is no good reason to shift fees traditionally paid by the merchant onto the consumer.

How can anyone 'free their money' when doing so incurs a transaction fee? The high fees actually put their money in shackles.

Shopomy's fees? Zero, for both buyer and seller. The crypto market may not care about high fees, but users will. This, of course, has the effect of the crypto market starting to care about high fees more, as better solutions such as Shopomy are introduced.

The 'unbanked' are used to using cash, which has NO fees by itself. Such populations would need a very compelling reason to use something that isn't "real" money and for which you must pay upwards of 4% to use. It should really take only 1 person to figure this out.  Smiley

tl;dr: David has two choices: 1) free transactions and simple to use to buy anything; 2) 3.30% of his transaction amount and complicated to use, with an unknown purpose to match. Which one does he pick?

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 15, 2018, 12:33:09 AM
 #511

I'll be uploading our first video to YouTube before the end of the month. It will be just me introducing Goodomy and perhaps the Shopomy concept.

It won't be our official explainer video (which will have a different format than any i've seen) but will put a human face to all the words and abstractions. We also have a kind of promotional video this month, more for the masses than watching me answer questions.

LET ME KNOW what questions you have and I'll try my best to answer them all.

Thanks!

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 18, 2018, 04:51:50 PM
 #512

Brief Announcement: Creation of Shopomy Reserve Account

In preparation for the launch of the Shopomy platform in a few weeks, 300 million tokens will be moved from the Goodomy wallet to a account reserved for Shopomy users on or before March 1, 2018.

More information regarding this reserve will be made available along with the next public release of Shopomy.

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 23, 2018, 06:42:11 PM
 #513

Brief Announcement: Creation of Shopomy Reserve Account

In preparation for the launch of the Shopomy platform in a few weeks, 300 million tokens will be moved from the Goodomy wallet to a account reserved for Shopomy users on or before March 1, 2018.

More information regarding this reserve will be made available along with the next public release of Shopomy.

I think some serious marketing efforts are required for this token.  I am saying this because I do not see any market Volume for this token even when development team is not lagging in there roadmap whereas I saw many abandoned projects having much more market volume.
It should be time to reach crypto community.

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February 24, 2018, 01:48:02 AM
 #514

Brief Announcement: Creation of Shopomy Reserve Account

In preparation for the launch of the Shopomy platform in a few weeks, 300 million tokens will be moved from the Goodomy wallet to a account reserved for Shopomy users on or before March 1, 2018.

More information regarding this reserve will be made available along with the next public release of Shopomy.

I think some serious marketing efforts are required for this token.  I am saying this because I do not see any market Volume for this token even when development team is not lagging in there roadmap whereas I saw many abandoned projects having much more market volume.
It should be time to reach crypto community.

It's intentional.

We're going after a much bigger market than crypto. However, the crypto community is free to ride along on our coat-tails Smiley

That being said, we do have some promotional videos for our target market that are either done or almost done and will be released shortly.

You'll see our approach soon enough, then you can let us know what you think about it  Smiley

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 25, 2018, 01:47:19 PM
 #515

Our first promo video for Goodomy: https://www.youtube.com/watch?v=MPosGydEmXg

In Spanish, targeting Argentina, Venezuela, and Colombia: https://www.youtube.com/watch?v=-tNuHUJMnxQ

(We'll see how Venezuela feels about the word 'revolution' Also high bank fees aren't such a problem there.)

2-3 more videos coming this week.

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 25, 2018, 02:20:55 PM
 #516

Our first promo video for Goodomy: https://www.youtube.com/watch?v=MPosGydEmXg

In Spanish, targeting Argentina, Venezuela, and Colombia: https://www.youtube.com/watch?v=-tNuHUJMnxQ

2-3 more videos coming this week.

I like the promo video. It is mysterious and exciting and the voices are awesome Cheesy Smiley

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February 25, 2018, 02:45:37 PM
 #517

Our first promo video for Goodomy: https://www.youtube.com/watch?v=MPosGydEmXg

In Spanish, targeting Argentina, Venezuela, and Colombia: https://www.youtube.com/watch?v=-tNuHUJMnxQ

2-3 more videos coming this week.

I like the promo video. It is mysterious and exciting and the voices are awesome Cheesy Smiley

Thanks!

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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February 26, 2018, 01:38:27 PM
 #518

Introducing Goodomy and the Social Blockchain, Retail Mining (REMI) and FITE

https://youtu.be/uORp0e27uJs

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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March 02, 2018, 08:46:10 AM
 #519

Development update:

Progress on the big Shopomy release is coming along nicely. We are currently +1 days behind our internal schedule (but still weeks ahead of our official release date)

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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March 04, 2018, 08:30:20 AM
 #520

Here's our latest video, targeted towards consumers: https://www.youtube.com/watch?v=QI48i88st9E



Let me know what you think. (But of course, we'll be asking what our target market thinks, too)

Goodomy [GOOD] – A new kind of crypto going after the mass market via Shopomy (a revolutionary new retail mining app for consumers and shops) and OTOL (enabling the 'action economy')
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