Domo Coin Project – Interview With The Founder
Domocoin is an experiment founded on its founder’s bachelor thesis: Potential Analysis Of Blockchain Based Communities. Check out our interview with him. Full interview was done publicly and can be found on their Telegram Channel here.
What led to the creation of The Domo Project?
I talked with my professor about cryptocurrencies and how crypto communities are the only source of value in the blockchain space; of course next to the product and usecase which may be developed or not. After a heavy discussion about speculation and fake road-maps I proposed him to write my bachelor thesis about the value of a Blockchain Community, how to calculate a value without taking speculation and monetary funding into account.
Since this is a scientific thesis, I am not allowed to take any money for development or other forms of payment, which may result in a manipulated value of the project. I could go more in detail here and how the thesis evolved into a social framework idea, firstly limited to the community I am building.
Can you share a bit about your experience and background?
How and when did you get introduced to crypto world?
I am involved with Bitcoin since 2015. However, a friend told me about it in 2012. Before 2015 I was just watching from the fence, until I felt comfortable enough to invest into cryptocurrencies.
What is the biggest USP of The Domo Project?
What are the biggest challenges you foresee for the Domo Project success?
What are your future plans?
What is your view about impact of your blockchain solution in the future ?
What services do you wish to integrate on your portal?
How will you monetize contributions by your members?
Who are your major competitors?
What value do you expect from DOMO coin a year down the line?
DOMO Coin Tech Specs
At the time of writing, Domo Coin is traded at$0.029188 USD per coin at three exchanges, such as Cratex, AltMarkets and BitexLive. As the volumes are starting to wrap up andthe user base grows, the team will be looking to list the coin on other exchanges to. DOMO circulating supply is 360,484 DOMO while the maximum supply is 1.000.000 DOMO.
- Ticker: DOMO
- Algorithm POS + Masternode Collateral: 1000 DOMO for MN Setup
- Circulating supply: link
- MN Block Reward: 0.0875 DOMO
- Staking Reward: 0.075 DOMO
- Pre Mining: n/a
- Development Fund: 0.05 DOMO