You are viewing a single comment's thread from:
RE: Bitcoin Unchained - The Platform Independence Movement
A sharedrop is the best kind of pr, look at peerplays sharedropping 5% on BTS which brought users to ppy from bts. The sharedrop may recruit each btc holder to the bts dex which is not an insignificant number, without giving away a core asset.
I have always appreciated being on the receiving end of a sharedrop, but I've come to suspect that they're not quite as effective as you'd hope. Were you around in the early days of bitshares? We were totally out-of-our-minds sharedrop crazy back then, and they almost never ended up working as well as we'd hoped.
Yeah, past sharedrops have been somewhat lackluster however this is a 1-to-1 100% sharedrop, not 5%.
I'll be very interested to see how it goes, to be sure. As I replied elsewhere to Stan, I think its success will probably partially hang on how many exchanges they can get involved. If they could convince Polo to honor the sharedrop then it would have a bit of staying power.
Polo isn't exactly the best exchange, it's centralized and potentially insolvent (rumour).
Sure, but what exchange isn't centralized and potentially insolvent? Even OpenLedger has centralized wallets, even if their order book isn't.