So I looked back on Servercoin, and while it is still extremely small, I did realize a few things about it that makes me think I can still revive it.
I saw that it has top SEO (Well if you search Servercoin without a space, if you add a space it won’t), but also since it has such an obvious name for what it is, in combination with the good SEO it could be revived as people wouldn’t have much trouble searching for it or knowing what it does. It also has a unique niche as unlike Internet Computer or Filecoin it is a coin for a decentralized cloud marketplace, which is different from those coins where there isn’t a marketplace just a network of cloud hosting nodes. However, I also realize there are a bunch of problems I need to fix such as, but not limited to:
Low liquidity
Liquidity not being locked yet (Been having some trouble with doing this, I’ll try to fix it though)
Low server count
It taking loads of steps to make a server
Servers go off the list after 30 minutes of not sending blocks to another server
Servercoin being hard to buy
Bad marketing strategies (e.g trying to promote it by posting shorts on the coin’s channel that weren’t even about the coin, plus let’s not forget about the Grand Plan, that terribly failed since no one would follow something like that plus sounds way too spammy)
Hard to unwrap
Hard to use
However I have come up with a set of solutions to all these problems, if you think you have a better one or have some criticisms of these, point them out in the replies or on the discord server.
Low liquidity: Auction 200,000 Servercoin to raise liquidity, obtain more exchange listings after specific milestones are achieved, host on more chains
Liquidity not being locked: After $1,000 is in liquidity, or if the auction receives more than $1,000 in liquidity, it will be locked, it is currently not locked as doing so would cost more than all the liquidity in the pool.
Network Retention: Make a site where servers hosted instead of being removed, are listed as offline, so that the servers can stay discoverable and can have an easier time staying hosted.
Low server count: Utilize incentivization strategies to acquire more servers, elaborated on in Discord server
Hard to buy: increase the amount of chains it can be purchased on, and acquire more exchange listings.
Bad marketing: obtain newsletter mentions and influencer mentions, not by getting them to shill it but by getting them to discuss Servercoin and what it does.
Hard to unwrap: Create an easy to use unwrapping system that can be completed in a few clicks without the tedious issues of the original.
Hard to use: Upgrade the servercoin wallet GUI to be more accessible.
That’s all there is to talk about for this post.
Discord invite:
https://discord.gg/SP36N6YDDKAuction:
https://app.fjordfoundry.com/token-sales/0x7f4a170F074b370F916512d8470274d5D84Db723Quickswap link:
https://dapp.quickswap.exchange/swap/v3/ETH/0xB0bFAE40E3fb54E37C54A0F10B072Ead30264DE1 (I know it’s called ‘MyToken’ I just can’t change it since I’d have to make a new contract but a few people already bought so I can’t move it right now, will try to change later though)
Also, if this doesn’t go anywhere within a month, I’ll accept the highest bid for the entirety of the parts of the ecosystem I own
