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Author Topic: New way for the majors to do advertising  (Read 201 times)
jqprez (OP)
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November 15, 2019, 08:44:15 AM
 #1

I think that the majors same nike, adidas, gatorade etc, can change the way you advertise. For example, nike airdrop: nike will pay you with nikecoin, or to buy nike product if you make consensus. What do you think?
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November 15, 2019, 09:19:35 AM
 #2

I think that the majors same nike, adidas, gatorade etc, can change the way you advertise. For example, nike airdrop: nike will pay you with nikecoin, or to buy nike product if you make consensus. What do you think?
Crypto is virtual so if someone follow this strategy then the effective will be loss lesser than advertising the physical products because if you buy a shoe then its possible for more people to see it and they will buy from their money but crypto currency is anonymous,virtual.

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November 15, 2019, 09:56:32 AM
 #3

IMHO, this is going to be useless if most of the merchants and companies will make their very own dedicated coin. Because the purpose would only be on their jurisdiction and after that, what's next? This is like a reward system for their loyal users and if it's possible to convert it through cash, no doubt that many of those people that will receive their coin won't have any other thoughts to replace it with plain cash. It will make a noise but how long they can sustain that? they should rely on bitcoin all of the time.

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jqprez (OP)
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November 15, 2019, 10:12:50 AM
 #4

IMHO, this is going to be useless if most of the merchants and companies will make their very own dedicated coin. Because the purpose would only be on their jurisdiction and after that, what's next? This is like a reward system for their loyal users and if it's possible to convert it through cash, no doubt that many of those people that will receive their coin won't have any other thoughts to replace it with plain cash. It will make a noise but how long they can sustain that? they should rely on bitcoin all of the time.
About sustainibility i think to a number closed of airdrops. Eventually chained to the stars: example: the t shirt of Ronaldo. Airdrop for 100. Who takes the airdrop takes the shirt..
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November 16, 2019, 07:55:22 AM
 #5

IMHO, this is going to be useless if most of the merchants and companies will make their very own dedicated coin. Because the purpose would only be on their jurisdiction and after that, what's next? This is like a reward system for their loyal users and if it's possible to convert it through cash, no doubt that many of those people that will receive their coin won't have any other thoughts to replace it with plain cash. It will make a noise but how long they can sustain that? they should rely on bitcoin all of the time.
About sustainibility i think to a number closed of airdrops. Eventually chained to the stars: example: the t shirt of Ronaldo. Airdrop for 100. Who takes the airdrop takes the shirt..
Then that's a different thing if your example is about Ronaldo's t-shirt, sure there will be a lot of takers for that airdrop. But as you mentioned on your post it's about the company paying you with their own token just like the other way around of customers paying them with their own coin. I don't really see the need for these anymore today, there's plenty of coins/tokens and there's bitcoin that they can actually use if they want to adopt cryptocurrencies and advertise.

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November 16, 2019, 08:24:31 AM
 #6

I think that the majors same nike, adidas, gatorade etc, can change the way you advertise. For example, nike airdrop: nike will pay you with nikecoin, or to buy nike product if you make consensus. What do you think?
Crypto is virtual so if someone follow this strategy then the effective will be loss lesser than advertising the physical products because if you buy a shoe then its possible for more people to see it and they will buy from their money but crypto currency is anonymous,virtual.
crypto like btc is NOT anonymous, is all traced on the blockchain.  The virtual is real.
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November 16, 2019, 08:33:25 AM
 #7

IMHO, this is going to be useless if most of the merchants and companies will make their very own dedicated coin. Because the purpose would only be on their jurisdiction and after that, what's next? This is like a reward system for their loyal users and if it's possible to convert it through cash, no doubt that many of those people that will receive their coin won't have any other thoughts to replace it with plain cash. It will make a noise but how long they can sustain that? they should rely on bitcoin all of the time.
About sustainibility i think to a number closed of airdrops. Eventually chained to the stars: example: the t shirt of Ronaldo. Airdrop for 100. Who takes the airdrop takes the shirt..
Then that's a different thing if your example is about Ronaldo's t-shirt, sure there will be a lot of takers for that airdrop. But as you mentioned on your post it's about the company paying you with their own token just like the other way around of customers paying them with their own coin. I don't really see the need for these anymore today, there's plenty of coins/tokens and there's bitcoin that they can actually use if they want to adopt cryptocurrencies and advertise.
today the companies pay TV and internet. if they paid directly, people, would certainly have a greater return. We make a token, we distribute 100 original t-shirts, but then we move on to the sale of the others, maybe even giving tokens ( the payment) to do cool things
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November 16, 2019, 08:58:01 AM
 #8

Then that's a different thing if your example is about Ronaldo's t-shirt, sure there will be a lot of takers for that airdrop. But as you mentioned on your post it's about the company paying you with their own token just like the other way around of customers paying them with their own coin. I don't really see the need for these anymore today, there's plenty of coins/tokens and there's bitcoin that they can actually use if they want to adopt cryptocurrencies and advertise.
today the companies pay TV and internet. if they paid directly, people, would certainly have a greater return. We make a token, we distribute 100 original t-shirts, but then we move on to the sale of the others, maybe even giving tokens ( the payment) to do cool things
I guess I have to say this that I've seen different projects that did the same as this one. Although I can't remember most of them but I'm familiar with what you're explaining here. As I've mentioned again, it didn't made a buzz and that's why even these companies are well-known it will do no good for their benefit. But they can try it, I'm just telling my opinion and what I think if they'll try to do so.

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November 16, 2019, 11:31:33 AM
 #9

crypto like btc is NOT anonymous, is all traced on the blockchain.  The virtual is real.
Yes it can be trace on the blockchain but it's only the transactions made otherwise not the identity of the user, that's why it's called pseudo-nymous.

What do you think?
I would love to see those brands adopt and use bitcoin on their transactions specifically on payment method. Moreover, why do we need another token? When the use case is just limited. I believe when we're able to achieve bitcoin adaption then everything will follow. Just my thoughts though.

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rijaljun
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November 16, 2019, 12:51:30 PM
 #10

IMHO, this is going to be useless if most of the merchants and companies will make their very own dedicated coin. Because the purpose would only be on their jurisdiction and after that, what's next? This is like a reward system for their loyal users and if it's possible to convert it through cash, no doubt that many of those people that will receive their coin won't have any other thoughts to replace it with plain cash. It will make a noise but how long they can sustain that? they should rely on bitcoin all of the time.

I agree with you regarding company with their own dedicated coins. It looks so good when I see big companies announced to implement decentralized system to their business, that means decentralized space is something great. You are maybe right that all those coins will eventually die and it would be only bitcoin at the end but there is nothing wrong in trying to make their own coin to challenge the industry even though they already know it won't be easy to sustain.

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passwordnow
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November 17, 2019, 08:50:37 PM
 #11

IMHO, this is going to be useless if most of the merchants and companies will make their very own dedicated coin. Because the purpose would only be on their jurisdiction and after that, what's next? This is like a reward system for their loyal users and if it's possible to convert it through cash, no doubt that many of those people that will receive their coin won't have any other thoughts to replace it with plain cash. It will make a noise but how long they can sustain that? they should rely on bitcoin all of the time.

I agree with you regarding company with their own dedicated coins. It looks so good when I see big companies announced to implement decentralized system to their business, that means decentralized space is something great. You are maybe right that all those coins will eventually die and it would be only bitcoin at the end but there is nothing wrong in trying to make their own coin to challenge the industry even though they already know it won't be easy to sustain.
There has to be one coin of all although there's a sure innovation which will be made by different companies to have their own coins. But it isn't it that we have already seen some of those coins to fail? it might be a question that we should start and see on how their will be doing but I think with the mass' favor now, it would be for bitcoin. The crypto community is always open with any innovative idea and it depends to the crowd which coin they'll be favoring.

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jqprez (OP)
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November 17, 2019, 09:17:44 PM
 #12

IMHO, this is going to be useless if most of the merchants and companies will make their very own dedicated coin. Because the purpose would only be on their jurisdiction and after that, what's next? This is like a reward system for their loyal users and if it's possible to convert it through cash, no doubt that many of those people that will receive their coin won't have any other thoughts to replace it with plain cash. It will make a noise but how long they can sustain that? they should rely on bitcoin all of the time.

I agree with you regarding company with their own dedicated coins. It looks so good when I see big companies announced to implement decentralized system to their business, that means decentralized space is something great. You are maybe right that all those coins will eventually die and it would be only bitcoin at the end but there is nothing wrong in trying to make their own coin to challenge the industry even though they already know it won't be easy to sustain.
There has to be one coin of all although there's a sure innovation which will be made by different companies to have their own coins. But it isn't it that we have already seen some of those coins to fail? it might be a question that we should start and see on how their will be doing but I think with the mass' favor now, it would be for bitcoin. The crypto community is always open with any innovative idea and it depends to the crowd which coin they'll be favoring.
whitout doubt, but i think that the majors, same facebook or telegram, can focalize the attention on the buisness and not on a new crypto or token for do the alternative to btc.
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December 28, 2019, 12:11:25 PM
Last edit: February 14, 2020, 09:29:53 PM by mprep
 #13

I think it is still too early for the entity's industrial chain to access the blockchain field, and most users are unlikely to accept cryptocurrencies.



I think the traditional industry is new to digital currency, and it is difficult for them to get involved in the field of cryptocurrency.


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February 13, 2020, 07:41:52 AM
 #14

The new way would be partnering with existing major retailers and do a crypto promotion like a giveaway to the non-crypto folks say for example make a partnership with a publication and hide the private key on the books or if you are buying a dress for more than certain value offer them free cryptocurrency by this means we can try onboarding new folks in the crypto
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February 14, 2020, 05:35:50 AM
 #15

The new way would be partnering with existing major retailers and do a crypto promotion like a giveaway to the non-crypto folks say for example make a partnership with a publication and hide the private key on the books or if you are buying a dress for more than certain value offer them free cryptocurrency by this means we can try onboarding new folks in the crypto

non crypto folks ? only  ? that would be hard because they have zero knowledge yet on crypto and they arent going to be interested with it at first glance plus putting a private key on the products as a form of giveaway is also non user friendly especially if the person that got it is a non crypto user  but people will be confuse if they see crypto bieng partnered on bigger brands and this might result for them to make a research about crypto just to take advantage of the giveaways  .
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February 14, 2020, 07:45:50 AM
 #16

If they'll adopt with crypto, they will basically play with the competition here, an airdrop is one but they should have a strict rules to follow as they are n establish company which are already operating profitably, and of course they are not stupid to allow their company to be abuse, they run when they benefit on it.

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