Is there anything new among all the noise?

[TastyChillySauce00]

Has anyone ever seriously tried building a community-driven project focused on real adoption and utility, without giving unfair advantages? Sure, it’s not going to bring too much investment, but long-term, it could be a huge deal.

most of project just want to bootstrap with the liquidity supplied from the big venture capital, giving unfair advantage is one way to grow their adoption to higher level in the crypto space.
truth is, the crypto space has been fast paced this year around, so many liquidity moving around so fast, people don't have time to build something with real adoption and utility without giving unfair advantage because they'd hardly see some adoption and project with low adoption is as good as a dead project.

so yes, you'd expect to find noises, everything is all about getting as much adoption in a fast manner.

[Drawesome]

I think some DAOs try to do that.

I have read up on some of them, even papers making general arguments and possibly providing free open source code, where a DAO has a penalty of some kind for withdrawing from its fund as well as rewards for putting stuff into their fund.

The treasury-based assets encourage all the various currencies and assets to co-operate, since none of them want any of those that they have in their own treasuries to go down in value.[...]
-MarkM-

Wow, I’m impressed. Thank you for sharing your work and thoughts. I hope I have time to dive into that metagame and see how the dynamics play out.

Do you think something like this could work in a forum/social media context?
I’ve always thought that a DAO born in this forum, in a transparent way, with simple rules and a broad community from various countries, would have great potential. It could start here and expand to different public forums and social networks, using merits and reactions from the various platforms as a lightweight proof of humanity. The power of a real community united by a token is underestimated compared to any meme with a few founders exploiting the community. It’s the bottom-up vs. top-down model.

You can hardly find one; we have hundreds of thousands of dead coins. Anything and everything that can be thought of is already presented to the community; we are in a time where developers are just resurfacing dead coins because you cannot find any that are truly innovative, When someone posts they are going to launch innovative coins, chances are its a dead copy paste coin, We are better of investing in more stable projects like Bitcoin

Totally! That's why I believe the innovation we need is not technological but social. It has been proven that all the values the crypto world preached hold no real value when coming from developers and seed investors. Token distribution is one of the biggest deceptions and attack vectors against the community. A truly bottom-up model needs to emerge. The human cost of creating tokens, contracts, and infrastructure is already negligible with the tools available. The most valuable asset is the community, and that has yet to be fully tapped into — but we can make it happen.

as I have already said in this era here on this forum we are all looking for new coins that will make us make a profit but in reality finding the one that works is very difficult if not impossible and little by little coins come out that I have are scams or don't make money profit and therefore it is better to do as you say and invest in bitcoin

Sure. Bitcoin is the fairest system that exists. It has proof of work and years of resilience. Even Vitalik once mentioned that perhaps they shouldn’t have done a presale for Ethereum, but rather a fork.

[Mahanton]

I keep checking out altcoin projects hoping to find something fresh or truly innovative, but it’s starting to feel like just noise—people waiting for history to repeat so they can cash out big.

Has anyone ever seriously tried building a community-driven project focused on real adoption and utility, without giving unfair advantages? Sure, it’s not going to bring too much investment, but long-term, it could be a huge deal.

Any projects out there that actually excite you? Not about 100x —about real change.

Get used to it already and this is something that really keeps on here on this market on which if a certain coin/token have been left out by the community or simply the hype is gone even on how good the utility is but if the community will be leaving it out then its price or value will really be that going into the floor and this is something which is really that a very basic principle on how these projects succeed and fail. This isnt something that will be that so shocking on which if you do really know on how to spot up some potential hyped projects then its not that a bad idea on investing into it. Also, i do consider out on having that needing of a little bit mix of luck into this aspect on which at the moment that you have put up yourself on investing into crypto then you will be having that different considerations on where you will be that trying out to invest on Solid coins or projects like on Bitcoin and some top altcoins or you will be preferring on low marketcaps and meme coins. Investment on what you can afford to lose as always so that you wont be finding yourself that being getting stressed at the time or moment that you do make out some investment because once you do find yourself that being desperate then you do become a gambler and we do know that having a gambling kind like of approach on investing on crypto is no good. You will be using up your investment capital like a gambler and pretty sure you will be suffering that huge loses specially on the time that you do invest with meme coins on which most of these projects are just pumps and dumps. If you wont be that careful then you will be losing all the investment capital you do have and that will be giving out that kind of regret in the end.

[markm]

I think some DAOs try to do that.

I have read up on some of them, even papers making general arguments and possibly providing free open source code, where a DAO has a penalty of some kind for withdrawing from its fund as well as rewards for putting stuff into their fund.

The treasury-based assets encourage all the various currencies and assets to co-operate, since none of them want any of those that they have in their own treasuries to go down in value.[...]

Wow, I’m impressed. Thank you for sharing your work and thoughts. I hope I have time to dive into that metagame and see how the dynamics play out.

Do you think something like this could work in a forum/social media context?
I’ve always thought that a DAO born in this forum, in a transparent way, with simple rules and a broad community from various countries, would have great potential. It could start here and expand to different public forums and social networks, using merits and reactions from the various platforms as a lightweight proof of humanity. The power of a real community united by a token is underestimated compared to any meme with a few founders exploiting the community. It’s the bottom-up vs. top-down model.

You can hardly find one; we have hundreds of thousands of dead coins. Anything and everything that can be thought of is already presented to the community; we are in a time where developers are just resurfacing dead coins because you cannot find any that are truly innovative, When someone posts they are going to launch innovative coins, chances are its a dead copy paste coin, We are better of investing in more stable projects like Bitcoin

Totally! That's why I believe the innovation we need is not technological but social. It has been proven that all the values the crypto world preached hold no real value when coming from developers and seed investors. Token distribution is one of the biggest deceptions and attack vectors against the community. A truly bottom-up model needs to emerge. The human cost of creating tokens, contracts, and infrastructure is already negligible with the tools available. The most valuable asset is the community, and that has yet to be fully tapped into — but we can make it happen.

With the Galactic Milieu I have aimed at having a variety of communities co-operating, rather than trying for one monolithic community.

There is a range of assets from ones which mint a lot through ones that do not mint any new units ever.

There is also a range of communities from the supposedly benevolent "Ancients" (represented in the FreeCiv interface as Antarcticans) through the "sufficiently advanced technology is indistinguishable from magic" Hackers and "not yet quite exhausted the tech-tree in current version of FreeCiv's Galactic Ruleset" Martians to the other pillars of the Galactic United Nations initiative the Brits and the Canucks... and at the other end of the good versus evil scale to be sure there will be fodder for drama the E-for-Evil civilisation we use the Egyptians to represent (think Stargate mind-parasite type Egyptians) and the "think Fu Manchu and the Manchurian Candidate" Manchurians.

Oh and lets not forget the "ill means ill thats why Churchill goes by the name Churchwell" Illyrians.

If you like coins with really good distribution and extremely low minting look at IXCoin and I0Coin (that is a zero, 0, not an o, O).

Many many many years of people being able to pick them up dirt cheap, heck even some years when merged mining them didn't need massive hashpower though nowadays their hashpower is nice and high.

The idea of civilisations and other forms of grouping (clan, guild, society, association, family, gang, on and on)  is to help like-minded communities find a place in the Milieu.

Though it is doubtless to be hoped that someday folk who actually are of a particular citizenship here on Earth will become major forces within game civilisations named after the civilisation here on Earth...

No American civilisation yet, though, cool that the yanks would let the Brits and Canucks get such a head start eh wot?


-MarkM-

[FortuneFollower]

Has anyone ever seriously tried building a community-driven project focused on real adoption and utility, without giving unfair advantages? Sure, it’s not going to bring too much investment, but long-term, it could be a huge deal.

most of project just want to bootstrap with the liquidity supplied from the big venture capital, giving unfair advantage is one way to grow their adoption to higher level in the crypto space.
truth is, the crypto space has been fast paced this year around, so many liquidity moving around so fast, people don't have time to build something with real adoption and utility without giving unfair advantage because they'd hardly see some adoption and project with low adoption is as good as a dead project.

so yes, you'd expect to find noises, everything is all about getting as much adoption in a fast manner.

Most people wouldn't want to build something without the profit being the biggest thing there is, and that's the case with many projects out there, utility and non-utility-based.
 
Space just becomes oriented towards that.

[Patikno]

Any projects out there that actually excite you? Not about 100x —about real change.

For altcoins, I haven't checked too deep there, but as far as I know that layer one projects always give good returns to their investors, Maybe you can look deeper there to get what you want. By the way, it's actually hard to find those promising projects, you need more effort to get them.

[Wakate]

I keep checking out altcoin projects hoping to find something fresh or truly innovative, but it’s starting to feel like just noise—people waiting for history to repeat so they can cash out big.

Has anyone ever seriously tried building a community-driven project focused on real adoption and utility, without giving unfair advantages? Sure, it’s not going to bring too much investment, but long-term, it could be a huge deal.

Any projects out there that actually excite you? Not about 100x —about real change.

You need to understand that many investors are not really interested in really adoption or good utility project. We want to make this money and that's went me and you want to see. Not to tell us that your token could be sure to buy foodstuffs in the market or telling us you can use your tokens to create another token. What on earth is this craps! People are tired in really adoption and want to see the full momentum bringing more to them. This is why some shits coins are still doing well in the market because of the community adoption. Hype is what moves market price not real adoption or something else that will make you and I want to use the time to purchase something because of power utility.

[TastyChillySauce00]

Most people wouldn't want to build something without the profit being the biggest thing there is, and that's the case with many projects out there, utility and non-utility-based.
 
Space just becomes oriented towards that.

definitely, literally most of projects main reason to exist is to get backing by these VC, raising millions of dollars from seed funding and then exit, so many of them doing exactly that.
the VCs incentivizes new projects that brings innovation, and then after that, they will exit the project together and dumps their allocation to the retailer.
but at least we still got protocol running and the fact that allocation is vested means the dev will stick around for few more years.

without it, I doubt many new project will come up as much as right now.

[Drawesome]

With the Galactic Milieu I have aimed at having a variety of communities co-operating, rather than trying for one monolithic community.

There is a range of assets from ones which mint a lot through ones that do not mint any new units ever.

There is also a range of communities from the supposedly benevolent "Ancients" (represented in the FreeCiv interface as Antarcticans) through the "sufficiently advanced technology is indistinguishable from magic" Hackers and "not yet quite exhausted the tech-tree in current version of FreeCiv's Galactic Ruleset" Martians to the other pillars of the Galactic United Nations initiative the Brits and the Canucks... and at the other end of the good versus evil scale to be sure there will be fodder for drama the E-for-Evil civilisation we use the Egyptians to represent (think Stargate mind-parasite type Egyptians) and the "think Fu Manchu and the Manchurian Candidate" Manchurians.

Oh and lets not forget the "ill means ill thats why Churchill goes by the name Churchwell" Illyrians.

If you like coins with really good distribution and extremely low minting look at IXCoin and I0Coin (that is a zero, 0, not an o, O).

Many many many years of people being able to pick them up dirt cheap, heck even some years when merged mining them didn't need massive hashpower though nowadays their hashpower is nice and high.

The idea of civilisations and other forms of grouping (clan, guild, society, association, family, gang, on and on)  is to help like-minded communities find a place in the Milieu.

Though it is doubtless to be hoped that someday folk who actually are of a particular citizenship here on Earth will become major forces within game civilisations named after the civilisation here on Earth...

No American civilisation yet, though, cool that the yanks would let the Brits and Canucks get such a head start eh wot?


-MarkM-

From what you’re saying, it seems interesting that different communities are formed to act as a counterbalance, instead of having a single leadership where anyone who challenges it ends up ostracized. Or pure concentration of power that leads to abuse.
I hope I can find some time to get into Galactic. Although it doesn’t seem easy, haha.

I keep checking out altcoin projects hoping to find something fresh or truly innovative, but it’s starting to feel like just noise—people waiting for history to repeat so they can cash out big.

Has anyone ever seriously tried building a community-driven project focused on real adoption and utility, without giving unfair advantages? Sure, it’s not going to bring too much investment, but long-term, it could be a huge deal.

Any projects out there that actually excite you? Not about 100x —about real change.

You need to understand that many investors are not really interested in really adoption or good utility project. We want to make this money and that's went me and you want to see. Not to tell us that your token could be sure to buy foodstuffs in the market or telling us you can use your tokens to create another token. What on earth is this craps! People are tired in really adoption and want to see the full momentum bringing more to them. This is why some shits coins are still doing well in the market because of the community adoption. Hype is what moves market price not real adoption or something else that will make you and I want to use the time to purchase something because of power utility.

I get it, but what I’m saying is: f*ck the investors. Where’s the spirit of community to build, experiment, and push back against abuse? I’m disgusted with what this has turned into. People begging for airdrops or enslaved, clapping for outright scammers.

[moderator's note: consecutive posts merged]

[bettercrypto]

In times like these, until now there are still many projects that are making noise where others are still successful in the end. And their success is also because of the good strategy that the marketing team is doing to get their big partnerships that are also very attractive to get the attention of investors.

These are just some of the things they did that made other projects successful when they entered the crypto space. But it is not so easy to determine which of the projects can really
be said to be successful in the end.

[markm]

Yes, but...

I still think it ridiculously useful, and thus also profitable, that there be something other than fiat to form a trading-pair with bitcoin.

I absolutely do not want to be stuck with having one side of my bitcoin versus something trading-pair be fiat or any of the crap intended to lose value exactly as fast as fiat does, let alone of course even-worse things that lose value even faster than fiat does.

So I do think it is needful that there be at least two things, bitcoin and something else that holds value very well, and, further, that they not be so tied together in their ups and downs relative to fiat that when one goes down or up the other goes the same direction at the same speed.

I have figured out that Ethereum, being number two in "market cap" would be worth considering as an ideal asset to pair against bitcoin, but, I truly do not like the fact that I actually have no use whatsoever for ETH.

That is because the use I would consider, and have in fact considered, for ETH would be as a token issuing and trading platform, and frankly I think of having to use "smart contracts" to implement tokens as "kludgy".

I think that because to me a smart contracts system seems more useful as a prototyping system for prototyping how best to implement tokens and token-trading, with an implicit assumption on my part that once one has nailed down the specifications one needs one would implement tokens according to those specifications, natively to a blockchain, like Ripple, Stellar, NEXT, HORIZON and so on and so on have done.

Simply because for me Stellar won my choice of which native-tokens-ability platform to use I found myself earning Stellar Lumens as well as (on traditional as in versus-bitcoin exchanges) bitcoin, thus cashing out to fiat not just bitcoins but also Lumens.

By a fortunate happenstance one of the exchanges I used for BTC/fiat and XLM/fiat chose to stop offering XLM/fiat so I had to use its BTC/XLM market to convert my Lumens to bitcoin first then cash out to fiat, and that is how it came to my attention that BTC/XLM was a sufficiently volatile pair that it would be well worth my time to do my standard market-maker-style of trading on that pair, earning more and more of both bitcoin and Lumens, so that rather than being simply a forced upon me route from Lumens to fiat it became a serious profit-centre in and of itself.

In attempting to explain my market-maker-style of trading to folk around here I have the impression that a whole lot of folk really really do not want to engage in anything they think of as actual "trading", wanting their "investing" to, it seems, mostly boil down to doing a one-time pump (buy from sell offers) followed some future time when price has risen by a one-time "dump" (sell to buy offers).

So I think a lot about ways and means of providing for such folk one or more assets designed specifically to satisfy their desire; an asset designed to go upward in price, maybe even one where their own participation helps it do so since every time they "dump" ("take" one or more buy offers) they are fueling the sell-side with cheap(er) sell-side asset and every time they "pump" ("take" one or more sell offers) they are fueling the buy-side with cheap(er) buy-side asset.

Here again it seems best that neither asset of the pair be fiat or anything else designed and intended to lose value.

A big problem in the whole price-and-value thing of course is the tendency a lot of folk have to imagine a thing is gaining value whilst in reality it is simply not losing value as fast as fiat does.

The Galactic Milieu's "treasuries", by providing a way to calculate relative values and an accompanying means of adjusting those values, hopefully will help keep it clearer to everyone that the prices current on spot markets, especially when considered venue by venue rather than by amalgamating results from a large panoply of such markets and maybe averaging over a span of time to try to allow the markets to "reach equilibrium" and/or "approach efficiency", do not necessarily reflect long term actual practical value.

For example if you placed a fill-or-nothing buy-offer offering the purported market cap value of a coin for the sum total number of the coin that the particular form of market cap calculation included in its calculation of market cap as current price times some number of the coin considered eligible to be counted into the calculation, do you think all the coin's holders would "dump" onto your offer? Enough to actually fill it?

Or would it be more likely that it would turn out to be a lowball offer, the price jumping above it?

Over time it is hoped that the calculated value based on treasuries will at least help provide some insight into just how much stuff is held in reserve behind each asset, more stuff over and above just the offers visible in various buy-side order-books and the industries, properties, employees, businesses etc etc etc the asset uses in or as the profit-centres the profits of which it intends or maybe merely pretends to use to build its buy-side(s) stronger and stronger higher and higher over time...


-MarkM-

[Franklyn-wood]

Any projects out there that actually excite you? Not about 100x —about real change.

For altcoins, I haven't checked too deep there, but as far as I know that layer one projects always give good returns to their investors, Maybe you can look deeper there to get what you want. By the way, it's actually hard to find those promising projects, you need more effort to get them.

There are still good projects altcoins projects in the market and you will have to do research for you to know these good altcoins to invest in. There are plenty rubbish coins in the market and you will have to check well for the good ones so you don't have to lose your money too early in the market region. Aster is a good project that was projected by CZ which is good to hold.

[virasog]

Most people wouldn't want to build something without the profit being the biggest thing there is, and that's the case with many projects out there, utility and non-utility-based.
 
Space just becomes oriented towards that.

Most of the altcoins are built with the intention of getting the monetary benefit and that's the reason we see that most altcoins create hype for themselves as truly life changing mechanisms but that remains just a theoretical part. All they need to get the hype, show that they are developing something that would bring a big change in the altcoins, they buy the time, the coins list on exchanges etc and they dump their free minted tokens on the every major pump leaving the investors holding big bags of that altcoins. Apart from the few top 20 coins that have some real use cases, the rest are all built to get your money.  

[ptaank]

https://cryptix-network.org/

Ticker CPAY

0 marketing, It's a sleeping giant. MC only 70k, deserves at least 5M

DYOR

[justdimin]

Has anyone ever seriously tried building a community-driven project focused on real adoption and utility, without giving unfair advantages? Sure, it’s not going to bring too much investment, but long-term, it could be a huge deal.

Any projects out there that actually excite you? Not about 100x —about real change.

Nope. Last time I remember anything "new" was the ton coin using telegram to make it possible for airdrops happen there, and projects be live there. Ever since then, I have not really heard anything else, it is not really doing great at the moment and we should not be considering this to be that great because we are seeing how things could change, and should not be that dramatic.

If we can make it work, with only the things that we already have, then it should not be that crazy to think that we are going to of course pump anything brand new a lot more. It's not about "idea" being new, it's how it is done, if a project is done exactly the same way as another, but just has different marketing, that's not good at all. NFT, Telegram, ICO, these were new at the time, and when they were new, it made noise.

[M47AK16]

Last time I remember anything "new" was the ton coin using telegram to make it possible for airdrops happen there, and projects be live there. Ever since then, I have not really heard anything else, it is not really doing great at the moment and we should not be considering this to be that great because we are seeing how things could change, and should not be that dramatic.

If we can make it work, with only the things that we already have, then it should not be that crazy to think that we are going to of course pump anything brand new a lot more. It's not about "idea" being new, it's how it is done, if a project is done exactly the same way as another, but just has different marketing, that's not good at all. NFT, Telegram, ICO, these were new at the time, and when they were new, it made noise.

I remember about ton coin but I did find another coin where I was able to make profits. I'm talking about PI network but even that is turning out to be attractive a lot of negativism now so I don't think that will survive for a long term. But initially when they launched, I was able to mine a few thousand coins from my phone by staying active and building my network and at peak, I was able to sell when price was around $1.8 which gave me really good profits. Yes, it was making a lot of noise as well that time but the noise faded away as time passed by and this is what mostly happens with these kind of potential projects.

[Odusko]

I keep checking out altcoin projects hoping to find something fresh or truly innovative, but it’s starting to feel like just noise—people waiting for history to repeat so they can cash out big.

Has anyone ever seriously tried building a community-driven project focused on real adoption and utility, without giving unfair advantages? Sure, it’s not going to bring too much investment, but long-term, it could be a huge deal.

Any projects out there that actually excite you? Not about 100x —about real change.

The one thing you have to know is that, altcoins have become more volatile than it used to be in the past is is almost impossible to predict what will happen in their price, and again more fraud in the system right now, altcoins have become a safe heaven to hype projecta that have nothing to offer and most of them don't even make it to an exchange
Being excited about coins is based on the existing ecosystem that support project sustained price movement in the future.

[livingfree]

The one thing you have to know is that, altcoins have become more volatile than it used to be in the past is is almost impossible to predict what will happen in their price, and again more fraud in the system right now, altcoins have become a safe heaven to hype projecta that have nothing to offer and most of them don't even make it to an exchange
Being excited about coins is based on the existing ecosystem that support project sustained price movement in the future.

They are hard to predict and that's why people who keeps on looking for their fine gems with it have to stop doing so.

Stick to the ones who's got a good history and keeps moving forward. Because if they're not going to do that, they're wasting their time and resources for it.

Looking at the new trends are exhausting when things are not doing the favor that you have thought that's with you.

[Orpichukwu]

For altcoins, I haven't checked too deep there, but as far as I know that layer one projects always give good returns to their investors, Maybe you can look deeper there to get what you want. By the way, it's actually hard to find those promising projects, you need more effort to get them.

Layer one projects – most of them have already made a name. To get a good reward from them, you need to hold for long. It's good layer 2 projects that emerge from some of these good layer 1 projects that have rewarded investors handsomely, just like Arbitrum, Zksync, etc., but even as some layer 2 projects have done good in the past, that does not mean we should trust new ones blindly without deep investigation.

[mobilestrike]

Well, there have been hundreds of projects which were bringing real world adoption and utilities but somehow they failed and this is what mostly happens with these projects if they don't get sufficient funding. They can hardly survive on their own if they have no funding and at one time, they would not have funds to pay the salaries and that is when things will start going crazy. These kind of projects needs a stable cash flow. Without it, this just remains as an idea.

Few might still survive in these critical situations and will than target getting funding because without funding, nothing is possible even if you have a mind-boggling idea.