[ANN] [GEO] GeoCoin | GIS & GeoTechnologies

[weifa]

The physical GeoCoins have started bouncing around the geocaching.com community.  Check out some of these links to see where they are hiding

https://coord.info/TB7WF17
https://coord.info/TB7WF10
https://coord.info/TB7WF1X
https://coord.info/TB7WF0N

I've also mailed a few trackable GeoCoins to some friends here in our GEO community who live in Europe, to help spread them around! 

[MiningSensei]

Questions:
-Who is Dev? Is he active here?
-Premine link is broken. Can I get a wallet address and/or what it was spent on
-Is anything useful in development? The coin distribution method kinda won't go anywhere.
-What are the total coins? It isn't mentioned (along with not mentioning premine drives away investors in flocks).

Side comment: Putting an avatar in augmented reality costs nowhere near 50,000$ 

i'll see you plebs at 3850

[wildduck]

This was my favorite coin and then dev just stoped working on it, such a shame..

[alex-ru]

This was my favorite coin and then dev just stoped working on it, such a shame..

This is because of current economical model of this project is too raw and weak...  

No funds (incentives) for developers, no funds for promotion, ...
The only 100% beneficiaries are miner (and mining {as any other form of strong and expensive blockchain-protection} has nothing to do with mission-vision of this project) - so there is the way to nowhere...

In fact the main advantage of this project (GEO VR) has nothing to do with cryptocurrency or geocoin - it is just centralized external service  to drop-collect "inexpensive markers" by HTML5 "wallets" = web-browsers.
It doesn't need any blockchain-based protection at all! The only protection needed - from GPS Spoofing and from web-server hacking.

This project could be much more successful if developer have started it not as cryptocurrency, but as traditional web-service "GEO-BASED-FAUCET", where people can register, deposit account with USD, BTC, DASH and so on, drop them on the map - so other users can collect funds and withdraw them (with some commission to service - to cover expenses and stay profitable.)

If somebody (Tobler, ...) can start-up such a "GEO-FAUCET service without own internal cryptocurrency" - please contact me - I have some ideas, funds and help to make it real and popular. Thanks.

[killerjoegreece]

I can do the greek translation if there is a bounty to go with it dev. I will be waiting for your inbox msg.

[fartbags]

This was my favorite coin and then dev just stoped working on it, such a shame..

This is because of current economical model of this project is too raw and weak...  

No funds (incentives) for developers, no funds for promotion, ...
The only 100% beneficiaries are miner (and mining {as any other form of strong and expensive blockchain-protection} has nothing to do with mission-vision of this project) - so there is the way to nowhere...

This is true. We need a way to get Tobbler to come back. The premine was ridiculously small. The miners get too many coins. Do you think Tobbler would come back if we turned PoS and gave 50% of block reward to a dev fuynd and 50% to miners?

Also HTML5 is weak. We need an android App.

[PS1987]

I really like the idea of this coin. Unfortunately dev seems not to be very active. I think that this coin has a HUGE potential as you can see with Pokemon Go meanwhile. People like to hunt.
Anyway maybe we can help to make this coin great again.

[weifa]

...


This is true. We need a way to get Tobbler to come back. The premine was ridiculously small. The miners get too many coins. Do you think Tobbler would come back if we turned PoS and gave 50% of block reward to a dev fuynd and 50% to miners?

Also HTML5 is weak. We need an android App.

A major step in crypto is the decentralization of economies, including development. A coin should not depend on a single dev, nor should a part of the coin's economy be reserved for a specific person. If you are going to change something about the coin it should be done in a sustainable way.

This particular coin, unlike most, actually offers something interesting and should be survivable on its own, through the work of people who own the coin and offer bounties. Tobler was active a few months ago and probably follows the coin. Making a bounty fund, or asking people to commit a certain amount to work by him specifically is fine but changing the coin to funnel money to devs is not a good idea.

Some questions still remain. For example is the premine distributed or spent? There isn't a block explorer so somebody who knows how to monkey with the blockchain would need to search it I guess. Is the code open source? I vaguely remember early discussions on that issue and don't remember which way it went.

Premine is all intact 
Premine address: http://104.236.52.122:3006/address/GQG8W8MnW9sKkcqesmjdQFmJ8NqxvVj95Q

[weifa]

I guess there's not a lot of trust these days in the crypto realm.  I don't see how any GEO investors would consider they have been scammed.

A lot of altcoins get pumped and dumped the first time they hit an exchange.  GEO still has the premine untouched and price has been relatively stable over multiple years.

I will continue to support the GEO project and contribute where I can. 

[DreamSpace]

I guess there's not a lot of trust these days in the crypto realm.  I don't see how any GEO investors would consider they have been scammed.

A lot of altcoins get pumped and dumped the first time they hit an exchange.  GEO still has the premine untouched and price has been relatively stable over multiple years.

I will continue to support the GEO project and contribute where I can. 

yes it's hard to trust most crypto projects, but in this case i'm geocaching and this is the main reason why i like the coin.
it has great potential no doubt, but we'll see.

[Joint Force]

I want to help out GeoCoin. Like I said earlier I'm working on a Geo-location mapping cell phone DApp so the code could easily be re-used. The problem is why would I help GeoCoin? I barely have any $GEO. I would be doing unpaid work to make other people rich. Is there any way people could come together and raise me some $GEO?

It seems like the 100% premined tokens are doing a lot better than these PoW mined coins.

This coin is a pretty small mcap of like $100,000. If people had their coins diluted 50% to pay for development and then price went to $10,000,000, that would be 50x profit.


We have to think serious. Tobbler obviously isn't very active anymore. He might be working on stuff in the background or he might have gone broke. This has happened with many other coins where the coin creator ends up going broke and is forced to give up. It's pretty expensive to run servers that can support blockchains.

[fartbags]

I want to help out GeoCoin. Like I said earlier I'm working on a Geo-location mapping cell phone DApp so the code could easily be re-used. The problem is why would I help GeoCoin? I barely have any $GEO. I would be doing unpaid work to make other people rich. Is there any way people could come together and raise me some $GEO?

It seems like the 100% premined tokens are doing a lot better than these PoW mined coins.

This coin is a pretty small mcap of like $100,000. If people had their coins diluted 50% to pay for development and then price went to $10,000,000, that would be 50x profit.


We have to think serious. Tobbler obviously isn't very active anymore. He might be working on stuff in the background or he might have gone broke. This has happened with many other coins where the coin creator ends up going broke and is forced to give up. It's pretty expensive to run servers that can support blockchains.

100% premined tokens are also what big whale investors like. They want to come in and buy 20% of all coins and buy any cheap coins on the market. It is pretty much impossible for a big whale investor to get involved in GEO unless they planned to slowly accumulate this coin for a year.

[PS1987]

I want to help out GeoCoin. Like I said earlier I'm working on a Geo-location mapping cell phone DApp so the code could easily be re-used. The problem is why would I help GeoCoin? I barely have any $GEO. I would be doing unpaid work to make other people rich. Is there any way people could come together and raise me some $GEO?

It seems like the 100% premined tokens are doing a lot better than these PoW mined coins.

This coin is a pretty small mcap of like $100,000. If people had their coins diluted 50% to pay for development and then price went to $10,000,000, that would be 50x profit.


We have to think serious. Tobbler obviously isn't very active anymore. He might be working on stuff in the background or he might have gone broke. This has happened with many other coins where the coin creator ends up going broke and is forced to give up. It's pretty expensive to run servers that can support blockchains.

how many geos do you demand? I know that trust is faulty but I think you are a good guy and I would be basically interested.

Greetings

[Joint Force]

I want to help out GeoCoin. Like I said earlier I'm working on a Geo-location mapping cell phone DApp so the code could easily be re-used. The problem is why would I help GeoCoin? I barely have any $GEO. I would be doing unpaid work to make other people rich. Is there any way people could come together and raise me some $GEO?

It seems like the 100% premined tokens are doing a lot better than these PoW mined coins.

This coin is a pretty small mcap of like $100,000. If people had their coins diluted 50% to pay for development and then price went to $10,000,000, that would be 50x profit.


We have to think serious. Tobbler obviously isn't very active anymore. He might be working on stuff in the background or he might have gone broke. This has happened with many other coins where the coin creator ends up going broke and is forced to give up. It's pretty expensive to run servers that can support blockchains.

how many geos do you demand? I know that trust is faulty but I think you are a good guy and I would be basically interested.

Greetings

5000 $GEO would be a good start. I'll post the DApp on here one day and see what people think. Then I'll ask for donations. I would rather work that way so people don't get mad if they don't like the product or it takes a long time to build.

I also don't think it's fair that some people donate while others don't. If people like the work I would rather see development coins added into the next hardfork when this coin has to switch to a more scalable blockchain. Donations will work until then.

[Joint Force]

This blockchain does not scale very effectively. It's extremely costly to run. I'm pretty sure this coin would have to switch blockchains if it ever had more than 10,000 users.

[forzendiablo]

ended up as scam same as MAPC.....

prolly even same dev

[fartbags]

ended up as scam same as MAPC.....

prolly even same dev

Do not forget about the $CKC scam.

[PS1987]

Maybe it was a scam but the idea has potential and with the help of Joint Force and others we could make a good coin.
@JF: 5000 Geo seems to be a good price to me. Please post the dapp when you have time 

[weifa]

I want to help out GeoCoin. Like I said earlier I'm working on a Geo-location mapping cell phone DApp so the code could easily be re-used. The problem is why would I help GeoCoin? I barely have any $GEO. I would be doing unpaid work to make other people rich. Is there any way people could come together and raise me some $GEO?

It seems like the 100% premined tokens are doing a lot better than these PoW mined coins.

This coin is a pretty small mcap of like $100,000. If people had their coins diluted 50% to pay for development and then price went to $10,000,000, that would be 50x profit.


We have to think serious. Tobbler obviously isn't very active anymore. He might be working on stuff in the background or he might have gone broke. This has happened with many other coins where the coin creator ends up going broke and is forced to give up. It's pretty expensive to run servers that can support blockchains.

how many geos do you demand? I know that trust is faulty but I think you are a good guy and I would be basically interested.

Greetings

5000 $GEO would be a good start. I'll post the DApp on here one day and see what people think. Then I'll ask for donations. I would rather work that way so people don't get mad if they don't like the product or it takes a long time to build.

I also don't think it's fair that some people donate while others don't. If people like the work I would rather see development coins added into the next hardfork when this coin has to switch to a more scalable blockchain. Donations will work until then.

I like the idea of having a GEO app and have wanted to help make one for a long time, I just don't necessarily have the programming expertise to create it.  I'd be willing to contribute towards an app being developed

[tranzactionezlive]

Guys you need to move now, the exposure of pokemon go can help GEO to the moon. The app should be V/R and google glass or at least smartphone ready - pokemon go inspired.


You have the opportunity of a lifetime here but the window doesn't stay open for too long.