/biz/ - Business & Finance

>>19679579
https://a16z.com/crypto-startup-school/
Godspeed Anon.
Solidity is a tricky one.

>billion dollar idea
I'm sure you do pumpkin

>>19679579
You sound like my 3 year old nephew who has a brilliant idea

>>19679617
Thanks fren

The tricky part is whether it will make me personally wealthy, I don’t think it will. Part of what will help the adoption of this particular token will be that I sell 30% very cheaply, and then leave the rest of the supply in a wallet never to be used.

I’m starting to understand why satoshi had to leave his BTC in those wallets. The fake supply gives more incentive to other holders to sell/use the token because they think their’s is just one of many. But he couldn’t use the massive supply because it would hurt the price accumulation. Gets me wondering whether if the US Fed said they were going to print 20 trillion but deliberately lied, whether it would boost the economy during a recession long enough to have a net positive affect. I imagine this affect wouldn’t be as big as for something like BTC back in the first year, but still it’s interesting to think about.

>>19679729
And what would that be?

>>19679645
It’s not a billion dollar idea, but it mitigates the biggest turn off for normies to get into crypto and would create a miniature economy in its own little niche. There is currently no solution to the problem in question and no coin or token that even claims to solve it.

>over 9000 tokens currently
>0 uses for all of them

Rekt

>>19679772
biggest turn off for normies is probably the usability. they don't want to send money to some weird address which they carefully have to check if it's correct, otherwise the money is lost.

the other turn off is the acceptance of crypto. normies buy at amazon, bey, etc. none of the bigger online stores accest crypto, so why bother? especially if you can just use FIAT?

the third turn off would be the volatility, why would they buy bitcoin or crypto in general when they can lose a lot of money?
they don't understand the benefits they get from it.

is your idea a problem solving for one of these?

>>19680001
desu, the biggest benefits of bitcoin right now are
a) buy shady stuff from the darknet
b) hope to make money from the volatility

why else would you buy or use bitcoin? what is the appealing aspect for the normies so it can get mass adoption?

>>19680001
Yes it does! I believe it will 100% solve one of those issues

>I’m an idea guy

>>19679579
You're idea is not revolutionary.

I'm a software engineer and so many morons come up to me so coy to tell me their idea thinking I'm going to steal it. If they the up telling me it's always dumb, useless or has already been done

>>19680868
It’s not revolutionary. It solves a simple problem in crypto and will fill its own little niche with its utility. There is nothing out there that does what the token will do.

>>19679579
>I have an idea for...

Instantly discarded.

Losers have ideas, winners make plans. Cope

>>19681164
so you're gonna verify that the complicated address is actually you want to send to in a simple way/

ADR - addresscoin

>>19679579
Already been done by someone more talented than you

But you should still learn to code

>>19681214
ADDR

>>19680707
volatility problem is solved by stable coins.

acceptance of crypto is somehow already solved by those coins who issue credit cards that enable you to pay with crypto.

so I guess you want to make something that turns your bitcoin address is a more readable format like an email address or a username.

i think unstoppabledomains offers a service like that with their blockchain domain names.

now I'm curious, is it still a new concept or something similar?

>>19679579
>he want to be an "ideas guy" but not do any of the work
lmao

>>19680707
right so then its not new, because all of those problems have already been adressed by coins

sorry anon, you should do more research next time

>>19681164
Kek, first you said it was cryptocurrency. Then you said it was a token.
I'd gamble that you have no clue about the difference.
As the others have said newfag,you're too dumb

How tf do you type this out like it's a serious thing?

>>19681214
>>19681247
>>19681258
The idea solves one of those problems, but those solutions you listed are not at all how the token will work. It solves one of those problems in a completely different (and I would argue much better) way

>>19681258
Have these things really been addressed?

I think the biggest problem is the possibility of losing thousands of dollars by a simple misclick/typo.

Has that been solved?

>>19681273
To fulfil its purpose it will need to be used as both retard

>>19681345
Not yet

>>19679579
>tfw you think learning to code from scratch to pursue your business idea is the best way to build the business
>tfw you don’t understand basic prioritization and resource management and therefore will never actually run a successful business of any type
Manage your time better, OP. There are a million cheap code monkeys in the world who can do that work for you but no you are going to spend literally a year or more of your life to get the same output when you could be spending your time working on areas of the business you have a natural skill set for.

>>19681339
okay. so you have an idea that you think is excellent, but you can't create it. you start at scratch and program it yourself, which could take half a year to years, if you even succeed.

now what are the chances that someone else comes up with the idea and does it faster than you?
it would probably be better for you to partner up with someone and share profits. otherwise your idea will most likely never see the light of the world.

>>19681415
Can masturbating and playing vidya be considered other areas of my business?

Don’t let the faggots on this board discourage you
Start at the beginning, plan and learn as much as you can (everything is at your fingertips through the Internet)
Really even if your idea completely fails you can still get value from it just by learning both skills that will help you in the future and by making a mistake you can take lessons from
Good luck fren

>>19681345
>>19681392
not only has that issue been solved by specific tokens (which i would agree is retarded, doesn't need its own token) <- which also exemplifies why developing an entire token based solution for this is retarded

but it has been solved by leading exchanges and wallets.
take for example coinbase, the #1 crypto wallet and exchange for US customers. It will validate any address before allowing you to send tokens to that address
this of course still leaves the /possibility/ that you've enterred an incorrect, but existing, address, but this is extremely improbable due to the variance in addresses
coinbase also offers a whitelisting solution where you can add specific addresses to your whitelist, only allowing you to send tokens to whitelisted addresses

so yes, it has been solved not only by tokens (which is a shitty idea in the first place, token not needed) but has also been solved by leading exchanges and wallet software.

>>19681345
QR codes are a thing nowadays

>>19681441
In all honesty the contract and token will not be very complicated, and once it’s complete there will be no need for further development. I’ll see how I get on but I enjoy working on side projects like this and will enjoy this whether it is successful or not

>>19681495
how can you judge if it will be complicated or not if you don't have any coding skills?

>>19679787
vechain is tracking shit in walmart china

>>19681457
Centralised solution wow, might as well take out an insurance policy on your wallet in case you lose the password. I believe a decentralised solution is much more preferable and my solution will also provide 100% protection against this problem. Just ask yourself if this has already been solved then why does it still happen

>>19681511
There are few functions and they aren’t complicated which make me feel easier about trying it myself.

>>19681626
what's even the whole point of this thread then?
you are telling us that you have an idea, that you don't want to share. and that you are going to try to do it alone.
... and now?

>>19681665
What’s the point in replying to this thread?

>>19681710
trying to find out what kind of idea you have and if it has already been solved or not.

>>19681760
You answered your own question then anon. If I run my plan and idea in pieces by autists on biz then at least I get some scrutiny. So far nobody has convinced me to change course

You could solve a huge problem my putting a gun in your pie hole and pulling the trigger.

>>19681997
Brother, why so violent?