CGB Core Team Weekly Update - July 8, 2014Please also see the Reddit post for further discussion.This post has been put off in favor of some important events which have recently taken place for CGB. First and foremost, we celebrated CGB's first birthday on the 27th. A
fundraising event was held to help pay for a media promotion as part of the marketing strategies of both CGB, and the CryptoTown project. It was a great success with 2 BTC and over 5000 CGB raised and we would like to thank the community for coming together to make this happen (and bahamapascal for
doubling donations!). The fruits of this effort have already begun to arrive with
an article placed in the CryptoBiz Magazine. They really appreciated the content, and the potential of what we are doing and, in an unexpected surprise, made us the
cover story! The funds raised have also paid for some future promotion which we will produce within a month's time as part of an ongoing campaign.
The CryptoTown On The Ground project has been receiving a lot of attention as we refine and better explain it. We are trying to maintain a separation of CGB and CryptoTown to create an example of how other cryptocommunities can help out. I want to quickly explain what we are giving to and getting from the CryptoTown project. The project was created out of necessity for CGB. We have left behind PoW mining as a primary focus and have therefore lost the majority of the attention. This is a question that any coin community can ask: If our mining profitability drops too low, where will the demand come from? The answer is that it should come from adoption into its intended role. Adoption of crypto is a goal of CryptoTown On The Ground.
It should be noted, that just because the CGB Core Team and community have made great contributions to the CryptoTown project, it does not mean that CryptoMalls will advocate for CGB, nor that businesses will end up accepting or storing it. What makes that happen is our continued dedication to making CGB a currency that is easy to use and which has a suite of tools and services available for the use cases we encounter in the project. This is adoption. This is breaking it down into the actual task.
Through the CryptoTown On The Ground project we will be able to open contact between adoption projects (including CryptoMalls), and our support network of consultants and developers. We hope that common goals will enable collaboration amongst cryptocoin communities. Another bonus is recognition in social media via official CryptoTown channels. These benefits are not only available to CGB, but also to any cryptocoin community that wishes to show a strong commitment.
Speaking of collaboration, we would like to put out another request for developers. With our lead developer currently in a semi-inactive state, our Core Team is unable to produce our next client version in a timely manner. If any readers know of a software developer who might fit the bill, let us know! We are able to offer thanks in the form of monetary compensation (CGB). I will also note here, that there are many other opportunities amongst CGB and CryptoTown for software development.
A special thanks to our consultancy crowd hanging out at our
CGB Topic on Bitcointalk. Some excellent, excellent quality discussion has been shared by many especially in the past few weeks. A distinguished mention for BTCat, with outstanding activity and quality. Our community is highly appreciated!
The CGB Core Team
