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Marketing for NXT Staking! singapore
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Author Topic: Marketing for NXT Staking!  (Read 4282 times)

wolffang

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Marketing for NXT Staking!
« on: May 19, 2016, 05:10:07 pm »

https://www.cryptocoinsnews.com/dao-push-ethereum-mining-profitability-moon/

I Just read this article and everytime People read mining they know they can earn "free" coins. Our POS supply is already there and not mineable.

Users think about NXT not interesting cause there is nothing to earn/mine. Even on coinmarketcap you See at nxt only currency but at eth litecoin etc currency+mineable .
I had sent  a request to add forgeable to nxt but they didnt do that.

However staking can be seen as mining.
You can earn the transaction fees.

What about marketing staking???! !!!
Explain what it is, Name the profits, how to setup, in a simple overview or with hyperlinks to existing stuff.

The f.e. litecoin miners will hopefully go setup NXT buy coins,  start forging, earn fees and have a winwin situation with NXT.

EDIT 30-5-2016:
Staking will now be used as a term in stead of Forging.
« Last Edit: May 30, 2016, 08:55:58 am by wolffang »
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CryptKeeper

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Re: Marketing for NXT Forging!
« Reply #1 on: May 19, 2016, 05:31:26 pm »

Good idea, but I recommend to change the name first!
"Forging" can be misinterpreted, other pos coins call this "staking".
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VanBreuk

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Re: Marketing for NXT Forging!
« Reply #2 on: May 19, 2016, 06:29:50 pm »

Not that I want to rain on your parade, but do keep in mind that forging (or Nxt staking, as you prefer) is quite difficult to market. And now, with bear market and low blockchain activity, even more difficult.

You can use the MyNxt forging calculator - https://www.mynxt.info/forging_calculator.php

That uses as far as I know full historical values, considering around 2.8 NXT generated per block on average, which is above the current rates. And even counting that higher average, the rough return estimates right now for forging turn out to be approximately 0.033% per month. This is hardly a % profit that will make an investor jump in.

In the long run, as Nxt 2.0 comes and the amount of fees per block increases, things might get more interesting. But right now I would not invest time in selling Nxt through forging. Even for people who want to invest long term (and right now Nxt is long term) it is hardly an incentive compared to tech and development roadmap.
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neofelis

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Re: Marketing for NXT Forging!
« Reply #3 on: May 19, 2016, 07:14:00 pm »

Forging because the forger is literally creating the next block.  By that logic, "staking" seems wrong as does "mining".
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CryptKeeper

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Re: Marketing for NXT Forging!
« Reply #4 on: May 19, 2016, 07:53:38 pm »

Forging because the forger is literally creating the next block.  By that logic, "staking" seems wrong as does "mining".

It's an old discussion. The term is not suitable for marketing. This is one of four definitions of "forge" from the Oxford Advanced Learner's Dictionary:

Quote
[transitive] forge something to make an illegal copy of something in order to cheat people
to forge a passport/banknote/cheque
He's getting good at forging his mother's signature.
New digital techniques can spot paintings that have been forged.
Collocations
compare counterfeit
See related entries: Committing crime

Source: http://www.oxfordlearnersdictionaries.com/definition/english/forge_1?q=forge
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websioux

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Re: Marketing for NXT Forging!
« Reply #5 on: May 20, 2016, 08:54:34 am »

The same source gives this as the definition no 1 :

Quote
[transitive] forge something to put a lot of effort into making something successful or strong so that it will last

- a move to forge new links between management and workers
- Strategic alliances are being forged with major European companies.
- She forged a new career in the music business.
- They forged a lead in the first 30 minutes of the game.
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wolffang

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Re: Marketing for NXT Forging!
« Reply #6 on: May 30, 2016, 08:46:33 am »



EDIT 30-5-2016:
Staking will now be used as a term in stead of Forging.
« Last Edit: May 30, 2016, 09:35:14 am by wolffang »
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farl4bit

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Re: Marketing for NXT Staking!
« Reply #7 on: May 30, 2016, 09:21:01 am »

"FORGE your own money". People may like that  :)
« Last Edit: May 30, 2016, 09:27:57 am by farl4bit »
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KarlKarlsson

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Re: Marketing for NXT Staking!
« Reply #8 on: May 30, 2016, 04:46:07 pm »


"FORGE your own money". People may like that  :)
This implies creating your own counterfeit..
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wolffang

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Re: Marketing for NXT Staking!
« Reply #9 on: May 30, 2016, 06:04:55 pm »

Plant your NXT and let your Stake grow
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farl4bit

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Re: Marketing for NXT Staking!
« Reply #10 on: May 30, 2016, 09:28:51 pm »

Plant your NXT and let your Stake grow
;D
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wolffang

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Re: Marketing for NXT Staking!
« Reply #11 on: June 04, 2016, 10:01:56 am »

We need more infographics, please all help out.

I just made a simple one quickly on this site, with my non designing skills
http://www.easel.ly



If we can get to the point that we have some nice visualised ones, we can share them on the internet to get more attention and users.




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