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Author Topic: Has the topic of an Affiliate system ever been kicked around for alts?  (Read 5064 times)

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Offline TrafficLearn

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I am sure it has....after 19 years in affiliate marketing i am thinking about a way to make this a reality....but being new to the whole thing i am looking for some history on this subject...

Offline missmidas

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Re: Has the topic of an Affiliate system ever been kicked around for alts?
« Reply #1 on: December 07, 2013, 07:40:12 PM »
Um... I'm not sure how you'd affiliate market a crypto currency, to be honest. Wouldn't that be like trying affiliate marketing to promote the $ or £ or €? You'd market a product or service to make $, £, or €, but not market the actual currency itself.

The closest, I think, would be the CEX cloud mining exchange with a 3% referral programme, but even then you'd be promoting hash power (which would you'd use to mine/earn bitcoins).


Yes, this is my affiliate link.  ;)
« Last Edit: December 07, 2013, 07:54:39 PM by missmidas »
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Offline TrafficLearn

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Re: Has the topic of an Affiliate system ever been kicked around for alts?
« Reply #2 on: December 08, 2013, 10:51:06 AM »
I was thinking more along the lines of using the miner clients or developing one that automatically links to the referrer.....say 0.1 GLD for every coin mined....something like donation but done automatically.....would be a good way to bring new miners in by having affiliate managers get 1% of all their miners....still new to all of this...but i like the GLD coin...so....I am sticking around a bit

Offline missmidas

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Re: Has the topic of an Affiliate system ever been kicked around for alts?
« Reply #3 on: December 08, 2013, 12:21:59 PM »
But why? Other than profit for nothing, I don't see the point.

Goldcoin is still very easy to mine and anyone interested in it can download the client and mine (solo or via a pool), and find help online in forums like this one, if they are having problems figuring it out. If bitcoin is anything to go by, then those who get in early are the ones who'll stand to make the most profit. As more people mine, the more the difficulty goes up, and the more those earlier adopters can congratulate themselves on their pioneering foresight. There's really no need to directly attach your earnings to another person's efforts. By getting in this early, you're already onto an even better thing that those who'll join in months or years to come. Trust me, I wish I'd actually done something about mining or buying bitcoin when I first heard about it in 2011.

IMO, adding an affiliate marketing slant to goldcoin, especially when there's no service or product attached, really just makes it easy for detractors to call it a ponzi scheme. And, with gold (the metal) being a hedge against the fiat banking system, the word "ponzi" is not one that goldcoin (the crypto currency) should seek to attach to itself.

In my limited experience, crypto currency communities, especially in the early stages, tend to help out newbies and encourage those who might be interested by giving to them, not by finding ways to profit off them. That's how I earned the few mBTC that I have, via incentives like bitcoin faucet and other online giveaways. Not having the cash or hardware that it takes to seriously mine BTC these days, I now don't mind if someone earns off of my cloud mining efforts from me clicking on their referral link. After all, from my research before joining CEX, I've pretty much been able to buy the power of a BF1 USB chip without any of the associated hassle (or cost), and for less than the price that I've seen them advertised for (£199 for 2.2 to 2.7 Gh/s, as opposed to the BTC 0.18 that I paid for 2.65 Gh/s last weekend). So if someone's going to earn off of my playing at mining, I don't have a problem with that, given I wasn't keen on the alternative bitcoin mining options.

I think that if you want to enhance and build the reputation of goldcoin and the community, your time might be better spent coming up with an idea/product that can be marketed and from which you can earn goldcoin, than figuring out how to make it the first MLM ponzicoin.

Please don't take my comments as criticism of you as a person. I tend to be quite straightforward and blunt in how I express myself in words, and am aware that I often cause offence where none was meant.
« Last Edit: December 08, 2013, 12:26:15 PM by missmidas »
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Offline TrafficLearn

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Re: Has the topic of an Affiliate system ever been kicked around for alts?
« Reply #4 on: December 08, 2013, 12:30:50 PM »
NO offense taken at all....I have been in this for 19 years.....you develop quite thick skin.

Thanks for your input.  i always appreciate different points of view....if everyone just agreed with each other there would be no fresh ideas.

And by taking this approach it might not be the affiliate system that ends up being developed but something sort of lateral to that which is yet unknown...



Offline missmidas

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Re: Has the topic of an Affiliate system ever been kicked around for alts?
« Reply #5 on: December 08, 2013, 01:10:59 PM »
You have good vibes.  :)

Good luck with whatever idea it is that you end up developing. No doubt you'll share it here, and I look forward to seeing what you come up with.

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