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RE: The Pot, Sex, and Gaming Coin Markets - Tough Sells

in #crypto7 years ago

Freakin' normies! Yeah, how many great things have withered on the vine by being ahead of their time.

I maintain that reward systems are going to be huge. But that there will be no single reward system coin. But they will be built upon existing platforms. From an investment standpoint, go meta.

'Pot' and 'Sex' (fun though they may be!) are too wide of a focus. CokeCoin vs. PepsiCoin, though... I'm still puzzled as to why this hasn't happened already, although I suspect the work/research has been done, to a degree. If for no other reason, because it would save companies who have rewards programs a few million a year.

I find Vice's token interesting, but I don't mess with it because I don't agree with everything they do, ideologically. Of course I feel the same about BoingBoing or any mainstreamish countercuture company.

Thank you for your insight, my d00d.

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I think Burger King Russia did a rewards program on WavesPlatform and called it WhopperCoin. I'm guessing it hasn't caught on here yet because of some weird regulation or other that their lawyers have warned them against. Who knows I can only speculate. I agree though, blockchain and rewards programs seem like a perfect fit!

Damn, I forgot about that one.

All these U.S. companies seem to move in lock-step. I posit that many of them have done research/development work, but won't jump until some major company does. Then we'll see a flood.

Sadly, I think crypto is still too complicated for a lot of people. I know, to us, it's like email. But then again, a lot of people still struggle with email. App-based stuff like I assume BK-RUS did are probably going to solve that. They don't want to know what's under the hood.

They also might be afraid of failure, that is to say, to see their reward tokens on exchanges, and losing value. No reward without risk, though, as we all know.