removed

williambanks (69) · 8 years ago (edited)

This is so gorgeous! I love the balanced take on everything.

And yes, we are now hiring devs. If you have a pulse and know how to do systems level programming in golang, or know how to do webdesign using modern frameworks like polymer, we're hiring and you should run, not walk to https://chat.vivaco.in

ICO is at least partly to raise funds to pay for more help.

$2.57

13 votes

onceuponatime (72) · 8 years ago

Interesting, well researched, balanced and fair.

How do you feel about the downvotes you got for this article?

Resteemed and promoted!

$2.34

15 votes

kevinwong (76) · 8 years ago

Thanks! I'm alright with downvotes.. can't control anyone, so no matter :)

$0.63

lynx (52) · 8 years ago

Hey, @onceuponatime please share in what cryptocurrencies you invested?

P.S it's very interesting to know where smart people invest.

$0.00

onceuponatime (72) · 8 years ago

If I was smart, I would be rich by now!

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lynx (52) · 8 years ago

Hey, anyways where do you invest besides steemit?

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onceuponatime (72) · 8 years ago

This is @kevinwong's thread, not mine.

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lynx (52) · 8 years ago

KEEP THAT SECRET SOUCE TO YOURSELF GREMLIN :D

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eric-boucher (68) · 8 years ago

Wow, what a thorough review of the Vivaconomy! Thanks for sharing the results of so many hours of research in this project.

I have been smitten and bought one crown, while working on a second one as we speak. If in deed the technical aspect of it keeps on being supported as it has been so far, though small in numbers, the seed of these ideas will gain in strength as great deal.

So far, the support and teamwork shown in the evolution of the Viva environment has been phenomenal and the potency of the thoughts behind it, some of the most powerful I have ever came across. It reminds me of the potlatch system of the Northwest Pacific coastal people where a Crown could be compared to a chief. The big difference being that we don't have potlatches once a year or every few years to make the redistribution of the wealth fair and equitable for all but, as far as I understand, every few fraction of seconds!

Again, thanks a bunch for this excellent article. All for one and one for all! Namaste :)

$1.08

9 votes

kus-knee (74) · 8 years ago

That was an amazing summary of the strengths and weaknesses of the project. Very balanced and fair!

I am a crown holder!

$0.87

6 votes

kevinwong (76) · 8 years ago

Still a bit lost at the VLP / VIP part and how it works though, but if its staking and getting interest out of it, then it's pretty standard as far as these projects go.. - nice, how's the crown doing? :)

$0.26

mammasitta (70) · 7 years ago

@kevinwong

What’s the news in This coin???
I hear funny things recently

$0.79

kevinwong (76) · 7 years ago

It's now a shitcoin. Shouldn't have got into this, pretty much coz of a recommendation. But i did spell out the dangers of this project in this post. And it happened lol.

mammasitta (70) · 7 years ago

Geee! So it’s true but the guy behind was full of Poo anyways and I never got myself into.
I rather invest in The Tauchain mastermind.

$0.00

edje (69) · 8 years ago (edited)

This is a very good analyses and review!

What I see as positive aspects of the story of VIVA:

Extra efforts to launch low volatile currency >> required for everyday use in the mix of users local fiat currency dominated economies >> reality will need to show if they can live up to their wishes and claims
Applications and services with businesses in mind: Key aspect to get the business community to onboard, they even speak (as far as I remember) of letting businesses paying in not only VIVA coins but also fiat; I agree to such approach and I actually think that businesses do want to invest fiat (not only in coins but also in the ability to use a service) when the service is good

What brought me a bit of garde are:

India URL extension
Mexico trial ATMs
US based management

I do not understand this combination, especially the India URL extension.

They have a LOT of engineering work to do to make all what they claim happen incl require a LOT of money (also in fiat to pay for all of this); Can they make this happen?
They need a LOT of (fiat) money to be able to afford rolling out the 1.000 ATM worldwide
It is not sure who the 'credible Mastercard' company/bank is they claim to have deal with

But I do like their approach, since their approach is not revolutionising the world we live in, but try to build a bridge between Cryptoland and our fiat dominated world with the understanding, businesses can fund much better than the investor and the everyday user; ie they try to mix the fiat world with the new Cryptoworld and in my view understand this requires businesses.

$0.40

williambanks (69) · 8 years ago

India URL extension
I do not understand this combination, especially the India URL extension.

Think viva coin (co.in) it's kitchsy but it's surprisingly expensive to find viva.anything domains.
.in was only like $30 USD per year IIRC

We do have viva.cash rolling out and that will be our primary gateway that most people coming into the ecosystem will see as we roll out cashstations globally.

$0.54

9 votes

kenny-crane (68) · 8 years ago

Nice list of positives and negatives, thanks! I assume the .in URL extension is so the URL reads as vivacoin.

$0.35

10 votes

liondani (69) · 8 years ago

^^^ THIS

$0.38

edje (69) · 8 years ago (edited)

Could be indeed, but still, I would not have used the India extension! but use the coin extension that I think is available. maybe viva.coin was not available though.

mammasitta (70) · 8 years ago

very true !

$0.00

kevinwong (76) · 8 years ago

Yes engineering and a whole patch of stuff that may not work all that well, but at least there's been some work and a lot of thought put into it. I also like the bridging aspect of it, and could very well work for the unbanked, undocumented, etc.

$0.00

edje (69) · 8 years ago

For sure VIVA people did good work into creating the concept, and Tradeqwik looks pretty ok as well.

$0.30

mammasitta (70) · 7 years ago

#shitcoin now as I just heard

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transhuman (60) · 8 years ago

While not an exact copy, I thought it worthwhile to mention the similarity of the VIVA bird logo to the Twitter bird logo...

$0.31

liondani (69) · 8 years ago

The twitter logo seems to be a bad copy of the VIVA logo!!! :)
I honestly like the VIVA logo much more.

$0.56

kus-knee (74) · 8 years ago

Agreed!

$0.41

wingz (65) · 8 years ago

Hmm @kevinwong seems interesting... why is Viva NOT a ponzi scheme?

$0.14

kevinwong (76) · 8 years ago (edited)

AFAIK a ponzi scheme is getting money from someone then promising a future investor X returns, then go for a bigger promise to another future investor X+nP returns, then higher and higher? Nothing of that sort here.. also lack of refferal fees and upline/downline incentives.

The way I see it, Proof-of-Authority for the Crown would invite those with those agreeing with the notion of basic income (by protecting workers as top duty) and using resources to achieve the Crown's goals / vision. While Gnosis and pretty much any PoS setting is market-driven decision making (as the whole decides based on net votes), PoA is individually-driven decision making - doesn't affect the entire market, but only their "realm". It's an efficient direction of energy compared to PoW and activities coming from the million of divisible PoS accounts, but if most crownholders are imbeciles with their end-game, then we may have a problem.

$0.00

kenny-crane (68) · 8 years ago

I like your thorough analysis and appreciate the time it must have taken to research this and put it into a nice post! I'm invested in VIVA and it's great seeing so many steemit friends in the chat over there. Go Steemit, Go VIVA!!!

$0.14

6 votes

kevinwong (76) · 8 years ago

Thanks! Indeed, many familiar accounts hanging out around the chat :)

tuck-fheman (74) · 8 years ago

But why is that lady smelling the bird's armpit?

I didn't see a bird at all. I saw a lady standing at the back of a boat, looking back down the river at those who missed the boat.

$0.14

6 votes

kevinwong (76) · 8 years ago

LOL cry me a river.

chrisaiki (63) · 8 years ago

Great article !
Solar coach is now powered by VIVAcoin

$0.11

kevinwong (76) · 8 years ago

Great! Can't wait to see how you put it all together with steem / viva and other platforms :)

$0.00

chrisaiki (63) · 8 years ago

I would love you to write such an article about Solar coach !

$0.00

steemint (52) · 8 years ago

Hello @kevinwong ..
This post has been featured in STEEMINT: The STEEM Intelligence Journal Issue 001

$0.11

13 votes

kevinwong (76) · 8 years ago

Thanks @steemint - appreciate it!

$0.00

someonewhoisme (54) · 8 years ago (edited)

Why do you use 'we' 'our', is it not kevinwong speaking?
Anyway good and helpful post.

$0.10

kevinwong (76) · 8 years ago (edited)

Just trying a different voice since yesterday :) lol

$0.10

tuck-fheman (74) · 8 years ago

In every business I've ever started on my own, I created all the positions and ran them under assumed names from day 1, then tried to hire people with those names when I could afford them down the road.

This generally meant that I would use family/friends names and try to hire them later. ;)

$0.12

kevinwong (76) · 8 years ago (edited)

I re-read this 5 times and still trying to figure out what u said lol..

Edit: oh, finally got it!

tuck-fheman (74) · 8 years ago

It's a very popular practice, just ask Beorn Gonthier. ;)

$0.00

anotherjoe (66) · 8 years ago

Great work Kevin.

$0.10

https://twitter.com/Soul_Eater_43/status/858444241399361536

thecryptofiend (74) · 8 years ago

You can actually buy Crowns on Tradeqwik right now for less than the ICO price.

$0.07

twitterbot (56) · 8 years ago

The Cryptofiend tweeted @ 29 Apr 2017 - 22:13 UTC

Our Take On VIVA & The VIVAconomy — @Steemit #blockchain #ico #cryptocurrency #UBI #UBImovement… twitter.com/i/web/status/8…

Disclaimer: I am just a bot trying to be helpful.

$0.00

siriusgaia (51) · 8 years ago

@kevinwong I love the clarity and the research you put into it.

$0.07

kevinwong (76) · 8 years ago

I tried.. thanks for dropping by @siriusgaia - appreciate it :)

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thearcanebear (63) · 8 years ago

Extremely well developed post. Love it! Followed

kevinwong (76) · 8 years ago

Thanks @thearcanebear - glad you find it so :)

$0.00

blocklab (59) · 8 years ago

nice article. I will probably not participate in the ICO tomorrow.

kevinwong (76) · 8 years ago

Yup it's more of a sponsor position, and it comes with startup risks.

$0.04

lynx (52) · 8 years ago

@kevinwong please share in what cryptocurrencies you invested?

P.S it's very interesting to know where smart people invest.

kevinwong (76) · 8 years ago

I think more lazy than smart lol.. recent one I'm into is - https://taas.fund/

$0.00

humanearl (67) · 8 years ago (edited)

It's a good idea that we are not only hopeful but also objective. We have to tackle the skepticism head on. Well done.

kevinwong (76) · 8 years ago

Yeah it's appealing to what i'm looking for, let's see how it goes..

$0.05

moon32walker (71) · 8 years ago

I will wait few months before thinking of investing in viva. If it delivers there will be plenty of times to get in.

kevinwong (76) · 8 years ago (edited)

Yes take the time. As of now, I still have some question marks about technical and dev ability to pull it off.

$0.00

jamesbrown (62) · 8 years ago

We'll see. The time to get a crown might be now, though.

I read somewhere that Viva Crown (VC) sales in the ICO will start at 200 viva (each viva is over $5), putting the cost at over $1K per. If it starts out hot and most VC holders are in it for the long term, demand could feasibly push the price well above that $1K mark (into $10K, $20K, ...., who knows where? - it's all subjective).

In any case, this concept has really piqued my interest. I'll be watching this one closely.

$0.00

barvon (66) · 8 years ago

Interesting article,
Complete for advice on luck.
Good job @kevinwong
Resteem

kevinwong (76) · 8 years ago

Thanks @barvon! :)

$0.00

deanliu (77) · 8 years ago (edited)

Saw this one hours before ICO. Truly great to see you get involved. Now we have one more crypto-sophisticated partner on board exploring! Great for VIVA! :) Resteemed!!

$0.00

escapeamericanow (61) · 8 years ago

Actually, it is a really exciting and innovative strategy and concept. I am looking forward to the ICO that has just taken off and what VIVA will mean for me as the month progresses!

$0.00

olga.maslievich (74) · 8 years ago

Great job, thank you for your opinion!

$0.00

sokoloffa (69) · 8 years ago

Thank you for such an interesting post) I've never heard of such a project before.

$0.00

gregario (55) · 8 years ago

I am taking the first steps towards participating in VIVA. This post of yours has been of great help. Thank you.

I did not know VIVA was related to Bitshares. I knew about @tradeqwik all right, but not about Bitshares. I don´t know what Bitshares is or does. If you can give a reading reference, I´d appreciate it.

$0.00