[ANN] Qora | Released 16 May | 100% POS

Quote from: DooMAD on August 10, 2014, 12:18:14 PM

Quote from: lyynx on August 10, 2014, 03:19:24 AM

I hate to sound like a broken record, as I have said this with other coins, but we really need to concentrate on real world use, and this will be no easy task. If we, as other coins continue to focus on the crypto community for adoption, we are destined for a lifetime of speculation and to the moon talk and we will never truly expand beyond this crypto bubble.

We must find a niche market that needs to transfer funds securely and cheaply. I'm of the opinion that perhaps India or South America are great directions to go as these markets have a heavy money transfer industry to and from the US. However, since the transactions are currently done in USD, that means heavy licensing, red tape and just a ton of money in general to get things going.

So the most logical step would a currency and/or country that has a little less regulation in a (their currency)/Qora exchange

I'd be interested in hearing thoughts regarding real world adoption and use cases

I hadn't considered that before, but yes. Pretty much everyone investing in altcoins at the moment is doing so mostly for speculative purposes, which means the captive audience is limited only to the people who are already involved with crypto. There definitely needs to be a way to draw in some fresh interest from new people. Also, the altcoin scene is getting to the point now where it's like buying a car. 'Should I have the faster one or the one with better fuel economy'? It's a trade-off between feature X and feature Y. For all the innovations Qora might add, it still doesn't really progress in any major way beyond what other alts are doing. We've established that the car works as a concept, but adding a sunroof and some custom body work isn't going to make it stand out from the crowd. The next major alt needs to be quantum teleportation, beaming us where we want to go at lightspeed, making driving look prehistoric. Whether that takes the form of finding a niche market or some sort of major innovation to make the tech more accessible and easier to use, I'm not sure. Either way, Qora needs something it can truly claim as it's own major, unique selling point. Something to really get people's attention.

Something like this maybe...

https://bitcointalk.org/index.php?topic=684090.3100