The Massive XRP Viral Marketing Strategy that is the Coil Project
CFCC News Bot last edited by
So I read an explanation of Coil that led me to realize just how big it will be for the growth of XRP.
Here is an excerpt:
Currently, they’re (Coil) saying that if you stream more than $5 a month worth of content, Coil will cover the difference. Good guy Coil. Not sure how they’re going to make that work atm, but I’m not Stephan Thomas.
I think I remember that a portion of the XRP released from escrow each month has been earmarked for marketing/charity/project-development/etc…
I believe that Coil’s efforts would fall under one or several of those categories so that could explain where some of the funding comes from to pay content creators extra money past the $5 that donators seek to give them.
This kind of marketing could be huge. Imagine Youtubers/Twitch-Streamers/etc… asking their subscribers to sign up for Coil so that they could get some extra money past the $5 the subscriber wants to donate, at no extra cost.
This is brilliant viral marketing on Ripple’s part and a good use of some of the escrow funds.
Here’s a link to what I read about Coil that made me realize all this: https://www.reddit.com/r/Ripple/comments/9hrux2/coil_twitch_launch_i_think_coil_is_so_underrated/e6ex4iz/?context=3
The developers of CryptoForum.cc are creating their very own cryptocurrency startup -- BAKD.io!
Show your support by posting on our BitcoinTalk thread, following us on Twitter, and subscribing to our Telegram channel to get regular project updates and talk directly with the team!
- Website: BAKD.io
- Twitter: @BAKDme
- Telegram: https://t.me/BAKDio
- BitcoinTalk Thread: https://bitcointalk.org/index.php?topic=4952711
- CryptoForum.cc Thread: https://cryptoforum.cc/topic/2525/announcing-bakd-io-a-cryptocurrency-crowdfunding-platform-and-social-network