Quote:
Originally Posted by PTLou
OK... after stumbling into the CoinPoker site last night for the first time and thinking more about what they are doing, my head is in process of assploding.
Takes awhile doesn't it. I had the pleasure of seeing the entirety of the evolution in a flash. It hurt.
Quote:
Firstly..Blockchain protocol (if I could call it that for sec) is going to revolutionize so many things, in the exact same way simple little old TCP/IP changed everything enabling the internet.
Yes.
Quote:
When several cryptos move a bit farther up the adoption curve from Innovator to Early adopter phase, and we have scores of trusted, market based solutions to lots of common banking problems using something other than a FIAT, then the world changes.
This happened a few years ago. The world changed well before anyone was paying attention. Now you have the IMF and all major central banks creating their own crypto coins. But you also have the top devs and knowledgeable people in crypto laughing, because it doesn't work that way and governments move law fast enough. Law doesn't move fast, even if government wants it too. The separation of duties/power ensures this.
Quote:
Im still wrapping my ahead around CoinPoker and bundling the launch of a ICO with a product (online poker). I'll have some more intelligent questions about this after I think about it a bit, but as I sit with current understanding.... mind officially blown.
In regard to a blown mind, we haven't touched the tip of the iceberg on this subject. I'm still dealing with people calling me a troll instead of trying to pick my brain to get to understanding the paradigm
Quote:
for now my only question. Are there other examples in any market of using ICO launch strat of bundling coin with some product, any product ?
There are hundreds probably thousands of ico's. For the most part they are too early to tell what is successful. Many products, some legacy, but some you can't do without a native token themselves like a prediction market. But I have always suggested poker will reform first, because we have the smartest population in regard to game theory, and we have the densest network socially.
We could really enact change on our industry over night in regard to the pressure that even a small amount of liquidity would create. Legacy site haven't been forecasting this change, they are forecasting optimal conditions that don't include actually emerging competition.