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Stake Should Create Cryptocurrency Stake Coin


LycheeAsia

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Posted

Hi @Edward  I will like to suggest that Stake should have smart Contract Token " Stake Coin " the coin should be able play on Stake ,Your Investor will buy Stake coin and Play stake coin .

 

I will buy Stake Coin in Huge Quantity and Also make as investment profit  

 

 

Regards 

LycheeAsia 

Posted

Actually, Is profit and more better for Stake too .Many people didn't aware about smart Contract..I am Blockchain developer I know what is the best for stake rather people play other cryptocurrency..I sure more investors willing to buy Stake Coin

Posted

I think this would make stake vunerable to the volatilities that come with coins and tokens.

A couple of issues (i'm sure there are many more) :

1) at what price do you launch the coin ?

2) how do you prevent the coin's value dropping by 50%, 60% or even 99%.  This happens to many, many coins/tokens ?

3) all of a sudden Stake will become no more than a cryptocurrency which uses a Casino instead of a Casino which accepts      cryptocurrency.

 

These are just 3 things that instantly come to mind when thinking about a Stake Coin.  As i mentioned before, there would be many, many more issues needing to be addressed.

Ponder over these 3, and if you can come up with feasible answers, I'd really love to read about them. I'm sure @Eddie would also love to read yer proposals a well.

I look forward to seeing your ideas on how to address the problems I have mentioned.  Or even post any other problems that I may have missed.

 

Good Luck

Posted
3 minutes ago, Shanaya24 said:

a stable coin is needed first

Stake doesn't need it's own coin for this, all it needs is to adopt an existing stable coin for deposits.  Would save a hell of a lot of time, worry & heartbreak

 

Posted
23 hours ago, ByteMeTwice said:

Stake doesn't need it's own coin for this, all it needs is to adopt an existing stable coin for deposits.  Would save a hell of a lot of time, worry & heartbreak

yes correct that's my idea. USDT would be perfect.

  • Support
Posted

Well, we already have our own coin, it's called Mutecoin (MTC). It comes in minutes, hours, days and weeks. You can earn it for free if you're active in chat and persistent in breaking our chat rules 😄

Posted
2 hours ago, VeljkoD said:

Well, we already have our own coin, it's called Mutecoin (MTC). It comes in minutes, hours, days and weeks. You can earn it for free if you're active in chat and persistent in breaking our chat rules 😄

Lol lol, good one

  • 2 months later...

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