Darkcoin airdrop (cancelled)

[eduffield]

The first 24 hours of the coins existence keep causing us problems, an "airdrop" could be a solution to this. We could airdrop all holders (uniquely verified) with a equal portion of coin. This coin would come from a block in the future that paid 2 million+ coins to a specific address that I hold. We could use some kind of verification system like mastercoin (http://mastercoin-faucet.com/github-intro)
The airdrop would be a month or so into the future, so it would give users time to buy coins and become holders creating some demand. Also, we'd have a much larger market cap and the argument about the first 24 hours would become invalid.

How would you get a part of the airdrop?

- You must own 100DRK ( if you're new to Darkcoin but want to be part of the drop, you would need to purchase 100DRK ).

One of the following:
- Github: To redeem this reward, you need either at least three public repositories and your account must be older than August 1, 2013
- Reddit: To redeem this reward, you need a Reddit account with more than 100 karma.
- Bitcointalk: To redeem this reward you need an activity score above 10 as well as at least 10 posts

Any of these accounts would need to be created before April 1, 2014.


Vote!

Sorry, this was a terrible idea.

[Bit_Happy]

Not everyone knows about "The first 24 hours."
Briefly, what happened?

[Simcom]

I have nothing but respect for you Evan but this is a terrible idea and might even kill the coin.  The metrics you have suggested are completely arbitrary, and I am really bothered by the fact that the coins would not be automatically distributed by the network.  I trust you, we all do, but this just comes off as super shady and will scare off investors IMO.

[LimLims]

Not everyone knows about "The first 24 hours."
Briefly, what happened?

Here's the background: https://www.darkcointalk.org/threads/the-birth-of-darkcoin.162/

And a visualisation of the mining distribution imbalance: https://i.imgur.com/XmnW0wc.png

[oblox]

I can't believe this is even suggested. Increasing the supply even more would depress the price. As someone with 5 figures that I purchased over the past couple weeks, I'm certainly against it. Perhaps this is why the exchange rates took a hit, especially on Cryptsy... Going to agree with Simcom here and if by chance this moves forward, I'm out. I would want nothing to due with this coin because the dynamics have changed. The instamine sucks, but it's part of what it is. I invested in this coin because of the future of privacy/anonymity and found out afterward about the instamine but it still made the coin attractive even with that. Makes absolutely no sense to essentially double supply again for a purpose that this clearly won't address. If you think you are going to increase marketcap, think again. You'd essentially be diluting the pool. Sure, you would get new money from some of the users wanting to get access to part of the drop, but ultimately, you'd be diluting everyone. Try this on any major stock exchange and the price would effectively halve if you doubled the outstanding shares. So net net, instead of it being a coin at .64 USD, it'd be .32.

[Bit_Happy]

Not everyone knows about "The first 24 hours."
Briefly, what happened?

Here's the background: https://www.darkcointalk.org/threads/the-birth-of-darkcoin.162/

And a visualisation of the mining distribution imbalance: https://i.imgur.com/XmnW0wc.png

Thank you...Looks like a "typical", exciting first day.

[videos4pictures]

This is just not a good suggestion. Whatsoever.
Airdrop might as well be a curse word within the cryptocommunity by this point.

You're looking at a very easy way to kill the reputability of this coin off.

[rumlazy]

I can't believe this is even suggested. Increasing the supply even more would depress the price. As someone with 5 figures, I'm certainly against it. Perhaps this is why the exchange rates took a hit, especially on Cryptsy... Going to agree with Simcom here and if by chance this moves forward, I'm out. I want nothing to due with this coin because the dynamics have changed. The instamine sucks, but it's part of what it is. Makes absolutely no sense to essentially double supply again for a purpose that this clearly won't address.

Have to agree on this, all this will do is crash the price.   Many people holding Dark will lose money and abandon the coin and call it a scam, and we'll be right back to that.

[Lebubar]

Oh...

I did'nt understood..

I was thinking of somehting like redistribution of a part of the first coins.. Not a lot of new genrated coins that will diluate the value....

[stokecrypto]

BAD IDEA, filling the market with 2million new coins will create lots of supply and no demand! expect a massive price drop like aurora coin.

if the airdrop happens anybody with a brain will sell all their DRK before the airdrop

[jfm]

I can't believe this is even suggested. Increasing the supply even more would depress the price. As someone with 5 figures, I'm certainly against it. Perhaps this is why the exchange rates took a hit, especially on Cryptsy... Going to agree with Simcom here and if by chance this moves forward, I'm out. I want nothing to due with this coin because the dynamics have changed. The instamine sucks, but it's part of what it is. Makes absolutely no sense to essentially double supply again for a purpose that this clearly won't address.

Have to agree on this, all this will do is crash the price.   Many people holding Dark will lose money and abandon the coin and call it a scam, and we'll be right back to that.

+1

[stealth923]

DONT do it - Bitcoin had the same problems in the beginning. Once the coin starts to be utilised for DarkSend and to purchase goods - the distribution will even itself out over time as liquidity increases.

The idiots who keep spreading the instamine FUD do the same thing with every coin....

Get DarkSend out of beta and open sourced - get the professional marketing of the coin finalised and this will be a thing of the past.

[TanteStefana]

I just want to bang my head against the wall, LOL

Are you being King Solomon? We bicker too much, now you give us a choice to kill ourselves with?  LOL  OMG!
Boy if you don't come up with good 'uns!

[tw0r]

I like this idea

[PhattyBanks]

wow big sell off just since this thread was posted

[KingSchultz]

How much of that first 24 hours really remains undistributed at this point? I'd have to think the vast, VAST majority of it has been dumped. Darkcoin has been at a dollar...

IMO, this is not something any dev of a very successful coin should be posting. Find a way to get input on your ideas without them affecting a 2.5 million dollar asset owned by many people. I'll forgive you because you're still pretty new at being the dev of a very successful coin. Stop posting bad ideas on forums and get back to being a genius programmer.

[Dracco]

Bad idea.

[tabnk]

WTH. Selling DRK NOW.

[stokecrypto]

how did you think it was a good idea to do a poll?

did it not dawn on you that troll/shills are just going to click 'yes' knowing it will kill the coin :/

[bestsponsor]

I ask the dev not make the mistake!
You created a wonderful coin in 2014 nothing better established.
You deserve a reward. Do not listen to those who want to enrich themselves only.
Do not change the properties of the coin, only improve the code (like bitcoin & litecoin).
Do not give away the coins you earn! better to send the money to create X11 multipuls, to create their DRK/coins exchange, to create dns services, the creation of rental MHs service (like leaserig.net) ...