[ANN] Goodomy [GOOD] v3 with DAG-based smart contracts and 0.7s transactions

[Apollyon2017]

Note: Shopomy 'Quick Start' Guides Have Been Added to the Website

http://www.shopomy.com

Next we'll be adding ome content to the FAQ section. Let me know if there are any questions you think might be good to answer. Thanks!

While we see a direct credit of 30 Good Dollars in our account for every sign up that uses our REF CODE, is there also a credit coming from the other "generations" of sign-ups?

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[kosmost]

What are you researching with this coin?

I don't understand the question. Could you please rephrase?

[kosmost]

Note: Shopomy 'Quick Start' Guides Have Been Added to the Website

http://www.shopomy.com

Next we'll be adding ome content to the FAQ section. Let me know if there are any questions you think might be good to answer. Thanks!

While we see a direct credit of 30 Good Dollars in our account for every sign up that uses our REF CODE, is there also a credit coming from the other "generations" of sign-ups?

Like a downline? No. The only referral credit would be for the person that referred them, not any referrer on a higher level

[Apollyon2017]

Note: Shopomy 'Quick Start' Guides Have Been Added to the Website

http://www.shopomy.com

Next we'll be adding ome content to the FAQ section. Let me know if there are any questions you think might be good to answer. Thanks!

While we see a direct credit of 30 Good Dollars in our account for every sign up that uses our REF CODE, is there also a credit coming from the other "generations" of sign-ups?

Like a downline? No. The only referral credit would be for the person that referred them, not any referrer on a higher level

What do you think, will it not be more effective if you would implement a sort of tier bonuses rather than a single and direct bonus? For example, you can make the first level sign-up bonus as 15 Good Dollars, 10 on second level results and 3 on the third and 2 on the fourth levels, this would encourage exponential and explosive growth as shown by many other networking companies before.

[kosmost]

What do you think, will it not be more effective if you would implement a sort of tier bonuses rather than a single and direct bonus? For example, you can make the first level sign-up bonus as 15 Good Dollars, 10 on second level results and 3 on the third and 2 on the fourth levels, this would encourage exponential and explosive growth as shown by many other networking companies before.

The focus is more on the social aspect, so direct referrals is probably better. It's also easier to think about which of your network might be interested than which friends-of-friends might be interested.

I can't readily think of any such companies that experienced lots of growth, who also had their own internal economy. I can think of PayPal (who used to give people a $5 sign-up bonus) or some credit card companies that do direct referrals also, but not MLM. It probably doesn't work for such companies.

Thanks for the suggestion, though. But now that we are out of testing we will increase the referral bonus to $45.00 GOOD.

[kosmost]

Announcement: Shopomy referral bonuses are now $45.00

Let's get those new users rolling in!

[Apollyon2017]

Will we have Good Dollars explorer to get a glimpse of how many users we got at any moment in time?

[kosmost]

Will we have Good Dollars explorer to get a glimpse of how many users we got at any moment in time?

For those that you have referred? You can click on "View Status of Referrals" in your Rewards screen

[fmbch]

I tried to sign up in shopomy, but after entering my number i'm not getting a code.
Any ideas on this?

[kosmost]

I tried to sign up in shopomy, but after entering my number i'm not getting a code.
Any ideas on this?

Sure, I will PM you.

[r1s2g3]

Hi Kosmost.

What is the current circulating supply of GOOD? In the start of year I remember you are going to push  the GOOD in exchanges.

Is all GOOD is pushed in Coinexchange.io or you kept still the supply  for future exchanges.

Is coinmarket cap shows the correct supply/circulating supply?

[kosmost]

Hi Kosmost.

What is the current circulating supply of GOOD? In the start of year I remember you are going to push  the GOOD in exchanges.

Is all GOOD is pushed in Coinexchange.io or you kept still the supply  for future exchanges.

The circulating supply is about 436 million, soon to be about 588 million at the end of the month.

Supply will increase with demand, not before. Millions of businesses around the world could be waiting for a good supply of tokens for their retail needs, so that is a strong consideration. (And, along with that, supply would increase.)

Is coinmarket cap shows the correct supply/circulating supply?

No. I believe they only update that number upon request (and not all the time it's requested).

I'll submit an update to them once the reward distributions are done.

[r1s2g3]

Announcement: Shopomy referral bonuses are now $45.00

Let's get those new users rolling in!

I am bit confused with below exchange rates

Exchange Rates

May 8-17, 2018: 1 token = GOOD $3.15

May 18-24, 2018: 1 token = GOOD $2.68

May 25-31, 2018: 1 token = GOOD $1.xx

Is that means that 1 GOOD token in exchange is currently worth of 2.68 GOOD dollars.

If I am getting 50 GOOD Dollar for currently signing, Then does it make more sense if I register after 25 may, then I will get more good token?

After 588 million token in circulation, still 300 million token will be left, are they will be hold for some future exchange listing or they will be tied to promotion of shopnomy?

[kosmost]

Announcement: Shopomy referral bonuses are now $45.00

Let's get those new users rolling in!

I am bit confused with below exchange rates

Exchange Rates

May 8-17, 2018: 1 token = GOOD $3.15

May 18-24, 2018: 1 token = GOOD $2.68

May 25-31, 2018: 1 token = GOOD $1.xx

Is that means that 1 GOOD token in exchange is currently worth of 2.68 GOOD dollars.

If I am getting 50 GOOD Dollar for currently signing, Then does it make more sense if I register after 25 may, then I will get more good token?

After 588 million token in circulation, still 300 million token will be left, are they will be hold for some future exchange listing or they will be tied to promotion of shopnomy?

The sign-up reward isn't tied to the exchange rate. After May 25 you would still get GOOD $50.00 for signing up. (You're getting GOOD dollars not tokens, however)

300 million tokens are for development, marketing, reserve, etc., of the Goodomy ecosystem and is to be determined. I believe how they would be used is something more for the future board of directors to figure out, but time will tell. But as demand increases so would supply of tokens on exchanges.

When we have a new exchange (could be soon) then more token supply would be available there. It's too early to say exactly how much.

[Lucky-marsik]

Your site telling that all the transactions in Shopomy are 100% free for both buyer and seller, so, where would you get your revenues, your operational expenses to make you stand and stay operational?

Yes, correct. Sellers have the option of upgrading their product listings for a fee. In future, there will be other sources of revenue.

We will also cover operating expenses from token sales, as well as OTOL market participation.

Ah, I see. So there would be more additional services and privileges for the upgraded members? This project seems to be interesting and since you are just in the early stage, we could expect more features that will help the sellers while doing their business within your platform?

Most of the services would be free for everyone, but there would be some additional paid benefits later on.

In the beginning, users will just have the option to upgrade their listings.

if most of the services are free, how will the project earn and develop further? need to on that the to live)

[kosmost]

if most of the services are free, how will the project earn and develop further? need to on that the to live)

That's why we have 300m tokens. But we would also be fine with 0 at this point, which I why I wanted to distribute more via the 35% reward.

Why would we be fine with no tokens in reserve? Because when businesses want to participate on Shopomy they need a supply of tokens. To obtain tokens they can either hold a Sale or purchase them on their own and exchange them for GOOD dollars.

Holding a 20-100% off sale makes customers happy, which brings in more people into the Goodomy ecosystem. Exchanging tokens makes Adam Smith happy, and the business because they would then have fuel for liquidity and cash flow.

A percentage of the value of the current offline retail market (many trillions of USD) could possibly be reflected in the total supply of GOOD dollars in future.

So, for example, if 5% of the worldwide retail market was transacted via Shopomy, about $3-10 trillion GOOD dollars would need to be created to work in tandem with it. And I would say the majority of these GOOD dollars would be born in token exchanges.

It will take some time for the rest of crypto to figure this out, though. That gives us a very nice head start

[susunyonya]

a very interesting project to follow its development, this thread is very clear about the idea of a project that will be useful in the future, the allocation of funds on this project is quite large, and also the developed coin exchange has been established, very fortunate if have coins from this project

[kosmost]

[kosmost]

a very interesting project to follow its development, this thread is very clear about the idea of a project that will be useful in the future, the allocation of funds on this project is quite large, and also the developed coin exchange has been established, very fortunate if have coins from this project

Thanks, susunyonya! Glad to have you aboard

[Gabriellla]

Interesting idea. I have not yet met such projects. Do I understand correctly that you already have a ready-made application?