[IDEA] What about a coin that is for award-likes or commendations?

[mistercoin]

Hey guys.

Over my time on this forum and seeing and meeting people here and all around the crypto-world, I have met people and developers that have done outstanding things for others, have made great software, and the like.

What if me and a few others were to make a coin (Semi-centralized but p2p) that would be given out only to those who have shown this kind of compassion, and character?

It probably would never be worth anything but, for people that we (when I say we, I mean a team of devs I'd like to recruit) have seen to great things for others and for the community, whatever or wherever it may be. We could mine most of the coins ourselves, and for those who we would like to show our appreciation to, we could give them some coins.

The block reward would have to be really low as to not flood the person or over-powered-miners with most of the coins. But to give everybody a fair chance to show those that have done them good or they see have done good, some token of appreciation. We could include Florin's transaction messages as to show them why we sent them it (maybe increase the character size a little) and a few other things that would make this currency unique (PoW+PoS?) and whatever we could come up with.

The possibilities are endless and I think (even though the coin may never be worth anything when it comes to real life money, the saying goes, "it's the thought that counts"

I myself have a bit of programming skills, and currently have my own coin that I use on my own server to test out new ideas, and would love to have a few others to work on this with me.

What do you think? Is it stupid? Is it nice? What are your thoughts?

Cheers,

MisterCoin

[mistercoin]

It's called Devcoin and it's already retarded enough.

Nah devcoin is different. It Only gives to developers. Im thinking something totally different.

[coinerd]

Nah devcoin is different. It Only gives to developers. Im thinking something totally different.

I thought this before.  But apparently dev coin is for artists and freaks, too.

Totally aside from your point.

In order for the people you want to honor to accept your coin, there has to be some use or buy-in behind it , of a type you probably won't find here at bitcointalk.  I mean, if you randomly sent a physicist a reward certificate you printed out, he might get a chuckle from it, print it out, even appreciate it.

If you sent a physicist a letter saying "hey download and install this software, then send me your address so I can reward you with this token of my appreciation" that letter is probably going in the trash bin.

Do you have the resources to publicize it, maybe start a little foundation or something, and start pushing out word of the effort into scientific/academic circles?

I describe it like this because the other way is to make the coin, try and stir up a market or some value, then honor people with gifts from the market you have created, which they can turn into cash. 

Everyone will accept this, if they believe it's honest.  But then you have a long way to go making that market before some reward coins will bring academics from from tech-related fields into crypto. And the market has to be strong enough to support the "dumping" of the rewards as well or it will end up like devcoin in more ways than one.

[peonminer]

OP

[mistercoin]

Nah devcoin is different. It Only gives to developers. Im thinking something totally different.

I thought this before.  But apparently dev coin is for artists and freaks, too.

Totally aside from your point.

In order for the people you want to honor to accept your coin, there has to be some use or buy-in behind it , of a type you probably won't find here at bitcointalk.  I mean, if you randomly sent a physicist a reward certificate you printed out, he might get a chuckle from it, print it out, even appreciate it.

If you sent a physicist a letter saying "hey download and install this software, then send me your address so I can reward you with this token of my appreciation" that letter is probably going in the trash bin.

Do you have the resources to publicize it, maybe start a little foundation or something, and start pushing out word of the effort into scientific/academic circles?

I describe it like this because the other way is to make the coin, try and stir up a market or some value, then honor people with gifts from the market you have created, which they can turn into cash. 

Everyone will accept this, if they believe it's honest.  But then you have a long way to go making that market before some reward coins will bring academics from from tech-related fields into crypto. And the market has to be strong enough to support the "dumping" of the rewards as well or it will end up like devcoin in more ways than one.

Totally agree with this. Very valid point. Yeah I see what you mean about downloading the wallet and such. I need people on the team who can help me do the things you listed. From the sounds fo things, it sounds like you have a good grasp on this type of thing, and would love to have you on the team to help me get this underway. I can give you any resource you would need under your belt. Maybe, once I have a solid foundation for this currency, we could start to publicize it, and get people to show us their work what they have done, and how they have helped others in thieir lives on the net, and anywhere. I think this idea has potential to go somewhere with the right minds behind it.

Let me know what you think, and that goes for anyone else who thinks they can contribute to this project!

Cheers.

[coinerd]

Totally agree with this. Very valid point. Yeah I see what you mean about downloading the wallet and such. I need people on the team who can help me do the things you listed. From the sounds fo things, it sounds like you have a good grasp on this type of thing, and would love to have you on the team to help me get this underway. I can give you any resource you would need under your belt. Maybe, once I have a solid foundation for this currency, we could start to publicize it, and get people to show us their work what they have done, and how they have helped others in thieir lives on the net, and anywhere. I think this idea has potential to go somewhere with the right minds behind it.

Let me know what you think, and that goes for anyone else who thinks they can contribute to this project!

Cheers.

I've got my hands pretty full, I'm not looking to get involved in something like that at this time.

It's not a bad idea, but it needs a dedicated and capable administrator to make it work. Preferably one with connections into your eventual target audience, and a lot of time to dedicate to the project.

I'm just a troll