I just wanted to weigh in on the discussion. I am excited for what Gnosis has to offer and believe that Gnosis will be first in its category.
I believe the network effect can make or break a company and/or idea.
This is where I feel Gnosis needs to start creating a buzz in the crypto economy. There is another predictions market that has nothing on Gnosis, not even a close second. However, they have captured the network effect.
What can we as a community do to start the buzz and fire up the engines to grab hold of this market share?
I am a firm believer that word of mouth is every companies best friend or worst nightmare. Being the owner of a dozen restaurants, I can confirm this fact.
I propose the following to own this market:
Offer a stake in a % of the profits of Gnosis to the public. This can and should be in the form of a token that will represent initial value for the stake holder. Limit the quantity.
Develope a core of trusted people that have Gnosis best interest and let them market the Gnosis brand via their connections to the masses in the cryoto economy. – this will start the network effect.
More activity on slack, bct, twitter, reddit etc… I know this can be tiring and frustrating having to constantly feed the community but it needs to be done. This will help solidify confidence in the community and the branding of Gnosis.
The interview on March 3rd of this year with Vitalik needs to be shouted from the mountain tops. When you have the founder of Ethereum saying on record that Gnosis is the best, you can’t get a better endorsement than that. We need to run with it because it’s solid gold and never waste an opportunity.
Identity your team and the talents they bring to the table and utilize that talent. So many companies miss the mark on this one due to lack of knowledge, pride, ego etc…Peyton Manning was a great quarterback , one of the best to play that position. We would of never heard of him if he tried to be a defensive tackle. That wasn’t his talent. The same goes in the business world. Identify those talents on your core team.
I only say these things because I have experienced it first hand and it wasn’t from a book or university classroom. Real world applications in street marketing has proven it to me.
I like to win. Second place is not an option when you have a first place service/product.
I believe Gnosis is the crown jewel of the predictions market as beta was the crown jewel of VCR movies in the 80’s. The only problem with beta was an inferior, bulky, lower quality video experience product named VHS. Who won? VHS won because they had the network effect.
Thank you for allowing me a platform to express my core belief in Gnosis and what I believe is a great plan to capture the network effect.