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Author Topic: [KOBO] Kobocoin - Mobile Money for Africa  (Read 119549 times)
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TheTribesman
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Kobocoin - Mobile Money for Africa


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February 03, 2016, 07:29:13 PM
 #1021

I had a very interesting evening yesterday.

The evening started with a deep dive session on the principles of Ethereum with Alex Leverington http://ethdev.com/#team. It wasn't a very technical session. More for people new to the technology.

This was followed by a one-to-one in-depth technical discussion and demonstration of smart contracts by Roman Mandeleil. He's the CEO and founder of ether.camp https://live.ether.camp/transactions. There's a very powerful online IDE behind that website. It can be used for building smart contracts on the eth blockchain.

Smart contracts are very interesting. They're basically apps that sit on the blockchain and wait to execute when called (and when their conditions for execution are met). The next proper tech killer app might probably be a very intelligent smart contract on the ethereum blockchain. I'm not too sure why they're called 'contracts'. Seems a bit misleading for beginners (imho).

I'll cut to the chase here. I spoke to Roman about how I could get the kobo blockchain to interact with the eth blockchain. He's seen projects trying to achieve this using sidechains but he wasn't very impressed or complimentary about the results. In his opinion, if kobo is to interact with the eth blockchain then the best solution is to migrate over to the eth blockchain and to start utilising s smart contract model, which basically means saying goodbye to the current kobo blockchain.

It's a big operation if it's to go ahead and will require some serious planning.

Pros
- There is a large developer community looking for projects just like this to get their teeth into. It won't be just me struggling to get things done. The eth devs want their project to be a success and want success stories to drive it forward. Kobo could be one of those stories
- It's the second largest developer community after bitcoin
- Roman is happy to do what's necessary to help with the migration
- Smart contracts seem to be the way things are headed. We'll be keeping up with progress at grass roots.

Cons
- The kobo blockchain (as it is now) will no longer exist once the migration is completed.
- Smart contracts are heavier than raw transactions, so for now there will not be a kobo mobile wallet. This is something that will change in the near future but for now I would see it as a sad loss not to be able offer a mobile unit. It's a nightmare to keep synce'd but it's an asset none the less.
- I don't know how this will affect the value of kobo
- I'm not sure if PoS is possible
- Will kobo continue to be a currency, will it be an ethereum asset, or will it be a currency asset? Not sure at the moment.

There's more questions to answer but that's the outcome of yesterday evening. It might be a good development for the long term future of Kobocoin. Or you might think otherwise.

Let me know what you think. Any comments will be helpful. If you think it's best to explore other options that you are aware of, let me know.

One thing for sure is that crypto is moving right now. Kobo has to move one way or the other.

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February 04, 2016, 01:12:36 AM
 #1022

my take is migrate to ethereum  ... maybe change name to Kontrakt or Koin (short for Kobocoin), if possible? .. the  green "K" is kobo's marketing strength.. swap Kobo's currency to the new unit/currency/asset  (is this possible?).. as to the value, I imagine market's perception of the coin will significantly change when it moves towards ethereum integration vs. the current state...   right now, trading on Yobit seems to be waking up and gaining traction as the board talks about ethereum migration

advantages:
 
 1. success of integration with ethereum means wider media coverage , which translate to more trader interest
 2. technical help from ethereum
 3. identification with ethereum.

disadvantages:
 1. more work , more cost, less family/leisure time for dev?
 2. moving out from the current comfort zone, sitting it out and quietly mining coins...  but without trader/market interest, our coins have minimal value.


 
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February 06, 2016, 10:12:42 PM
 #1023

Aside from any technical details, this sounds like an excellent opportunity well worth exploring...
TheTribesman
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March 02, 2016, 10:10:55 PM
 #1024

I've spent weeks mulling over a possible move to a new blockchain, and wondering if I'm 'Following the Sun' rather than sticking to what Kobocoin is.

I've come to a conclusion that some people might disagree with. Kobocoin is a currency. It's going to stay as a currency. There's a lot of Crypto 2.0 services coming on line. Some might be able to help with where KOBO is going. I'd like to hold fire and see what's coming down the pipeline.

In some ways it might be better to get onto the ETH blockchain as a kind of ETH currency asset, but that can be done in an afternoon with minimal coding. I've looked into it. Kids, Schools and Colleges will probably soon be issuing currencies on the ETH blockchain as a tutorial exercise. It's too simple to warrant me moving KOBO onto it, and I don't want to fork ETH and become a crypto 2.0 service without a team.

I'd like to keep KOBO as a raw currency and make sure it does what it's meant to do. I still think that the mobile wallets are a great asset. I'm looking into how KOBO can interact with these new 2.0 services.

Over the last few weeks I've seen the monero members opening threads all over the place. I'm going to start doing the same and take any and all insults that come my way for doing so. An insult means a BCT member who's now aware of KOBO (even if they hate everything about it), and it's also a bump.

I'm going to start promoting KOBO as a currency, which is exactly what it is and was meant to be. Building blockchain services is something that can be done independently of the currency itself.


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March 03, 2016, 05:59:13 PM
 #1025

Yes, that's the right direction, imo.

I'm sitting tight & minting like a SoB.

Best wishes, Tribesman Cheesy

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March 05, 2016, 12:52:24 AM
 #1026

Anyone want to sell some KOBO? There is very little at YoBit, maybe 0.5 BTC worth

Soooooooon...............
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March 05, 2016, 12:53:47 AM
 #1027

I've spent weeks mulling over a possible move to a new blockchain, and wondering if I'm 'Following the Sun' rather than sticking to what Kobocoin is.

I've come to a conclusion that some people might disagree with. Kobocoin is a currency. It's going to stay as a currency. There's a lot of Crypto 2.0 services coming on line. Some might be able to help with where KOBO is going. I'd like to hold fire and see what's coming down the pipeline.

In some ways it might be better to get onto the ETH blockchain as a kind of ETH currency asset, but that can be done in an afternoon with minimal coding. I've looked into it. Kids, Schools and Colleges will probably soon be issuing currencies on the ETH blockchain as a tutorial exercise. It's too simple to warrant me moving KOBO onto it, and I don't want to fork ETH and become a crypto 2.0 service without a team.

I'd like to keep KOBO as a raw currency and make sure it does what it's meant to do. I still think that the mobile wallets are a great asset. I'm looking into how KOBO can interact with these new 2.0 services.

Over the last few weeks I've seen the monero members opening threads all over the place. I'm going to start doing the same and take any and all insults that come my way for doing so. An insult means a BCT member who's now aware of KOBO (even if they hate everything about it), and it's also a bump.

I'm going to start promoting KOBO as a currency, which is exactly what it is and was meant to be. Building blockchain services is something that can be done independently of the currency itself.



I agree with your decision. I have followed KOBO from the start and it was always promising and I am happy you are doing this. If there is anything I can do to help, I am in London as well.

Soooooooon...............
TheTribesman
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March 05, 2016, 10:11:03 AM
 #1028

It's been a tough one. All the banks are jumping on ETH and it looks like the start of the early internet right now. I've got a feeling we'll soon see an influx of new ETH based currencies (it's already started with Elcoin, Expanse and Shift).

KOBO could be missing out on a possible easy route to adoption by not getting on board at this early stage, but at the same time, with the ease at which a currency can be created on the ETH blockchain, I can see a few disreputable ICO offerings entering that market soon. Not sure what it'll do for ETHs reputation as a currency platform. It's a blockchain in the public eye right now.

At the same time there are services coming on board that could allow independent blockchains to communicate with each other, and completely independent currencies are a positive way to keep things properly decentralized. If all currencies moved to one blockchain then crypto as a whole would become centralized.

The industry seems to be evolving into tiers, and currency was the first tier to emerge. There's now currency, storage and ledger services, rewards programs, and programming platforms that allow you to create whatever you want using their new languages, or even existing popular languages. There's still more coming on board.

Anyways, I'm probably telling you stuff you already know!

On with the program. I still believe that any currency without it's own independent mobile wallet is not set up for the future. KOBO is ready and waiting for it. KOBO, MANILLA, COWRIE, MANSA. Four human friendly currency levels in one wallet.

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March 09, 2016, 02:48:25 PM
Last edit: March 09, 2016, 03:06:37 PM by TheTribesman
 #1029



KOBO at CoinWallet.co Main Features

- Make payments quickly and easily
- Ability to send free payments via email address
- POS Pool active for KOBO, earn interest on all KOBO in your account
- Easy Twitter tipping for KOBO
- Support for multiple altcoins
- Make payments from any computer
- Create up to 50 labelled wallet addresses
- Add unlimited address book entries

It's simple to start using the CoinWallet.co POS pool

- Register or Login to your CoinWallet.co account
- Create a new deposit address for Kobocoin [KOBO]
- Send some coins to your deposit address
- Wait for coin maturity (maturity times shown in fee table)
- Earn KOBO!

KOBOCOIN - The Next Chapter

- Built and optimized for the largest mobile money market on the planet - AFRICA!
~ Mail & Guardian Africa ~
~ McKinsey & Company ~
~ Mobile Ecosystem Forum ~
- Android and Blackberry wallets already built and operational since May 2015
- Microtransaction ready. Four human-friendly denominations in one currency [KOBO, MANILLA, COWRIE, MANSA]
- Globally dispersed DNS seeders maintain network integrity - Always up, always fast, always confirmed in seconds (not minutes)
- Unbreakable and private address-to-address desktop messaging
- No IPO. No ICO. No premine. Fair Launch on 7th February, 2016
- Small, dedicated, loyal community

ANDROID and BLACKBERRY - Done and Dusted!



Click here to download the Android wallet from Google Play Store
Click here to download the Android wallet from Amazon App Store
Click here to download the BlackBerryOS wallet from BlackBerry World

So What's Next?

- Kobocoin's twitter account https://twitter.com/kobocoindev now has over 1,200 followers
- Approximately 800 are prolific Africa based media tweeters who tweet consistently and continually
- Each and every human Kobocoindev follower will be tipped 100 KOBO to get them started and to raise awareness of the KOBO brand and currency
- This process has already started.

This is the first major step in building an online Kobocoin community, beyond BitcoinTalk, to rival other well established online crypto communities.


TT

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March 09, 2016, 03:51:02 PM
 #1030

https://twitter.com/kobocoindev/status/707590281747636225

TheTribesman
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March 09, 2016, 03:54:03 PM
 #1031

There is a new ANN thread for Coinwallet news
https://bitcointalk.org/index.php?topic=1392730.0

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March 09, 2016, 11:19:46 PM
 #1032

I want the kobo   in there fast --------->>    FU18cECRzPpEPLGU8b48CVDdTSXxJ5JN61
TheTribesman
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March 09, 2016, 11:39:53 PM
Last edit: March 12, 2016, 07:24:55 PM by TheTribesman
 #1033



KOBO at CoinWallet.co Main Features

- Make payments quickly and easily
- Ability to send free payments via email address
- POS Pool active for KOBO, earn interest on all KOBO in your account
- Easy Twitter tipping for KOBO
- Support for multiple altcoins
- Make payments from any computer
- Create up to 50 labelled wallet addresses
- Add unlimited address book entries

It's simple to start using the CoinWallet.co POS pool

- Register or Login to your CoinWallet.co account
- Create a new deposit address for Kobocoin [KOBO]
- Send some coins to your deposit address
- Wait for coin maturity (maturity times shown in fee table)
- Earn KOBO!

KOBOCOIN - The Next Chapter

- Built and optimized for the largest mobile money market on the planet - AFRICA!
~ Mail & Guardian Africa ~
~ McKinsey & Company ~
~ Mobile Ecosystem Forum ~
- Android and Blackberry wallets already built and operational since May 2015
- Microtransaction ready. Four human-friendly denominations in one currency [KOBO, MANILLA, COWRIE, MANSA]
- Globally dispersed DNS seeders maintain network integrity - Always up, always fast, always confirmed in seconds (not minutes)
- Unbreakable and private address-to-address desktop messaging
- No IPO. No ICO. No premine. Fair Launch on 7th February, 2015
- Dedicated, loyal community

ANDROID and BLACKBERRY - Done and Dusted!



Click here to download the Android wallet from Google Play Store
Click here to download the Android wallet from Amazon App Store
Click here to download the BlackBerryOS wallet from BlackBerry World

So What's Next?

- Kobocoin's twitter account https://twitter.com/kobocoindev now has over 1,200 followers
- Approximately 800 are prolific Africa based media tweeters who tweet consistently and continually
- Each and every human Kobocoindev follower will be tipped 100 KOBO to get them started and to raise awareness of the KOBO brand and currency
- This process has already started.

This is the first major step in building an online Kobocoin community, beyond BitcoinTalk, to rival other well established online crypto communities.


TT

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March 10, 2016, 09:59:13 PM
 #1034


- No IPO. No ICO. No premine. Fair Launch on 7th February, 2016
- Small, dedicated, loyal community


As always, TheTribesman, thanks for your work. Still holding my KOBO and looking forward to great things. Two small comments re: the above...

- Launch was Feb 7th 2015, not 2016.
- Although the community is indeed "small, dedicated, and loyal", if this information is being disseminated to new audiences it might be best to drop the "small" part--no need to dwell on being small, and besides, the hope is that over time we won't be small anymore Smiley

Thanks again.
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March 10, 2016, 10:20:42 PM
 #1035


- No IPO. No ICO. No premine. Fair Launch on 7th February, 2016
- Small, dedicated, loyal community


As always, TheTribesman, thanks for your work. Still holding my KOBO and looking forward to great things. Two small comments re: the above...

- Launch was Feb 7th 2015, not 2016.
- Although the community is indeed "small, dedicated, and loyal", if this information is being disseminated to new audiences it might be best to drop the "small" part--no need to dwell on being small, and besides, the hope is that over time we won't be small anymore Smiley

Thanks again.
Doh! Sorted.

Glad to see you're still here Smiley

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March 11, 2016, 01:04:07 AM
Last edit: March 11, 2016, 01:14:18 AM by TheTribesman
 #1036

The website has been updated to give KOBO specific details of how to tip users (rather than the generic coinwalletco page). This should make it easier for people new to crypto to understand.

View it here: http://kobocoin.com/Tipbot.html



I've done some initial testing and now exported all 1200+ @Kobocoindev followers into a spreadsheet. I've formulated the following tweet to go out to all of them:

Code:
@CoinWalletco tip @follower KOBO 100 - You have just been tipped 100 KOBO. Pick it up and start tipping today! http://goo.gl/SrAVQ7

The short URL in the tweet (http://goo.gl/SrAVQ7) also takes users to the kobo tipbot page.

Any comments appreciated



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March 11, 2016, 11:55:13 PM
 #1037

All twitter followers have been exported and the tweets compiled into a single text file.

There's a total of 1277 followers as of 23:00 GMT, 11th March, 2016.

Tweet command is

Code:
@CoinWalletco tip @xxxxxxxxxxxxxxx KOBO 500 - #Kobocoin has tipped you 500 KOBO. Pick it up and start tipping today! http://goo.gl/SrAVQ7

This tweet allows for the longest twitter name to be used without going over the limit

I will be tweeting to every single follower as I've confirmed that any unclaimed tips can be cancelled. I've increased the tip to 500 KOBO as I doubt the conversion rate will be 100% (I'm thinking 15% - 20% conversion rate is acceptable).


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March 12, 2016, 12:02:16 AM
 #1038

All twitter followers have been exported and the tweets compiled into a single text file.

There's a total of 1277 followers as of 23:00 GMT, 11th March, 2016.

Tweet command is

Code:
@CoinWalletco tip @xxxxxxxxxxxxxxx KOBO 500 - #Kobocoin has tipped you 500 KOBO. Pick it up and start tipping today! http://goo.gl/SrAVQ7

This tweet allows for the longest twitter name to be used without going over the limit

I will be tweeting to every single follower as I've confirmed that any unclaimed tips can be cancelled. I've increased the tip to 500 KOBO as I doubt the conversion rate will be 100% (I'm thinking 15% - 20% conversion rate is acceptable).



Good idea to spread the word...

Soooooooon...............
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March 12, 2016, 01:46:11 AM
 #1039

Website wallet page updated
http://kobocoin.com/Wallets.html

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March 12, 2016, 01:52:26 AM
 #1040

All twitter followers have been exported and the tweets compiled into a single text file.

There's a total of 1277 followers as of 23:00 GMT, 11th March, 2016.

Tweet command is

Code:
@CoinWalletco tip @xxxxxxxxxxxxxxx KOBO 500 - #Kobocoin has tipped you 500 KOBO. Pick it up and start tipping today! http://goo.gl/SrAVQ7

This tweet allows for the longest twitter name to be used without going over the limit

I will be tweeting to every single follower as I've confirmed that any unclaimed tips can be cancelled. I've increased the tip to 500 KOBO as I doubt the conversion rate will be 100% (I'm thinking 15% - 20% conversion rate is acceptable).


I'll be starting the tweets from 10a.m which is the optimal starting time in this timezone (it's actually 11am-1pm on Saturday, but lots to do). Sending them out at 2am (local time here right now) is not really efficient for the timezone I'm targeting.

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