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Let's Talk Cryptocurrency for Battle Rap, widening to HipHop as a whole


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Old 02-16-2018, 03:32 AM   #1
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Let's Talk Cryptocurrency for Battle Rap, widening to HipHop as a whole

Hyptocoin - Hip Hop's first cryptocurrency (ChopChoice -
founder of HyptoCoin)

This is my vision, and for those of you who aren't familiar with Cryptocurrencies, they were originally meant to be online bartering communities. No profit was supposed to be made from these cryptocurrencies, but with the involvement of the stock market, things have become a little trickier.

Originally, you were not supposed to buy coins, you were meant to mine or farm them, as you would gold or potatoes, respectively. At one point, there will be a stopped date for mining or farming, creating scarcity, which will facilitate the bartering system. If I need a coin to be a item 1 and have an item in demand for bartering, it creates a gradient for exchange. HyptoCoin, will not be for trading on the stock exchange but rather a pure bartering system for initially the battle rap community and hiphop community as a whole, when things start to expand.

My hope is that battle rap leagues, rappers and hiphop affiliates will play a part in allowing the coin to be exchanged for their goods and services.

The bestway to start a cryptocurrency is to contribute to a particular community and then introduce the idea. I have been a member of the battle rap and hiphop community since 2006 and would like RMBVA to the initiation point for HyptoCoin.

Any thoughts?
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Old 02-16-2018, 03:34 AM   #2
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This could also be a way of solving the traffic issue that rmbva is apparently having. I havent noticed shit tbh
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Old 02-16-2018, 07:20 AM   #3
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Any thoughts?
Ya. Letís do all the things you said, but instead of cryptocurrency, what if we replaced it with un-scratched lottery tickets?
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Old 02-16-2018, 11:54 AM   #4
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Naive question - what do I as a battler gain from being paid in this way vs $$$ ?
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Old 02-16-2018, 01:36 PM   #5
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All this for the culture talk, and you cant see the benefit of having a barter system in the community. What you gain is access to goods and services just like money. It gives power and exclusivity to the community
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Old 02-16-2018, 01:37 PM   #6
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It's a great way to unite a community, a foundation for bigger things. In many ways it's similar to a forum.
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Old 02-16-2018, 01:44 PM   #7
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All this for the culture talk, and you cant see the benefit of having a barter system in the community. What you gain is access to goods and services just like money. It gives power and exclusivity to the community
What goods and services will the battler have access to?
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Old 02-16-2018, 01:59 PM   #8
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What goods and services will the battler have access to?
Battlers, fans, anyone involved or who wants to be involved with HyptoCoin can use the coin in exchange for anything they want, it doesnt have to be battle rap or hiphop related. It's for the people, they would most likely be invested in the hiphop community, so for example: ppvs, free rides to venue, hotels, plane tickets, merc, educational materials, hiphop short videos, events mini events, tickets...it's endless and it depends on the people
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Old 02-16-2018, 02:06 PM   #9
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Battlers, fans, anyone involved or who wants to be involved with HyptoCoin can use the coin in exchange for anything they want, it doesnt have to be battle rap or hiphop related. It's for the people, they would most likely be invested in the hiphop community, so for example: ppvs, free rides to venue, hotels, plane tickets, merc, educational materials, hiphop short videos, events mini events, tickets...it's endless and it depends on the people
Yeah but I think what @Cuntoff are jumps (GOAT name on here btw) was getting at is what is the actual incentive for battlers to use it?

I get why fans would want to but why would leagues and battlers want to replace actual money with this coin, what do they get out of it?
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Old 02-16-2018, 02:26 PM   #10
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Yeah but I think what @Cuntoff are jumps (GOAT name on here btw) was getting at is what is the actual incentive for battlers to use it?

I get why fans would want to but why would leagues and battlers want to replace actual money with this coin, what do they get out of it?
Goods and services again. Money is value right?
They can use it for anything, when it picks up momentum, the artists will have opportunities for exchanging the coin
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Old 02-16-2018, 02:34 PM   #11
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Double post
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Old 02-16-2018, 02:52 PM   #12
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Goods and services again. Money is value right?
They can use it for anything, when it picks up momentum, the artists will have opportunities for exchanging the coin
What goods and services will the battlers and leagues be able to buy though?

I'm saying imagine I'm a top tier battler getting paid actual money to battle, explain what I'm going to gain by switching to this system?
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Old 02-16-2018, 03:08 PM   #13
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Old 02-16-2018, 07:29 PM   #14
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Whats the technology bro? Got a white paper? Shit seems a little pump and dumpy to me.
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Old 02-17-2018, 02:01 AM   #15
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When the idea of cryptocurrency first popped off it was meant to be for building trust amongst people. Once the trust in there, that specific community can build on that trust and take their community to a different level.

The stock exchange shit breaks that trust and shits all over the system.

It is not a money scheme, was never meant to be. Greed fucked this cryptocoin shit up.

It's all about building a foundation of people who use the coin and speak up if any mistakes or errors are noticed
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Old 02-17-2018, 02:12 AM   #16
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lol @ this entire thread
put the bong down gary
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Old 02-17-2018, 02:16 AM   #17
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This could work, with enough support it could blow.
People laughed at bitcoin and ethereum too.

All that's needed is a basic understanding of how communities work. The tech shit will be handled bw the tech guys. Like everything, once it starts snowballing people will get involved
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Old 02-17-2018, 02:16 AM   #18
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Stoned Ape Theory
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Old 02-17-2018, 02:23 AM   #19
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Stoned Ape Theory
How so?
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Old 02-20-2018, 12:48 AM   #20
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When the idea of cryptocurrency first popped off it was meant to be for building trust amongst people. Once the trust in there, that specific community can build on that trust and take their community to a different level.

The stock exchange shit breaks that trust and shits all over the system.

It is not a money scheme, was never meant to be. Greed fucked this cryptocoin shit up.

It's all about building a foundation of people who use the coin and speak up if any mistakes or errors are noticed
This is probably the worst possible answer to a very basic crypto question.

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Old 02-20-2018, 03:51 AM   #21
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Battlers, fans, anyone involved or who wants to be involved with HyptoCoin can use the coin in exchange for anything they want, it doesnt have to be battle rap or hiphop related. It's for the people, they would most likely be invested in the hiphop community, so for example: ppvs, free rides to venue, hotels, plane tickets, merc, educational materials, hiphop short videos, events mini events, tickets...it's endless and it depends on the people

"free rides to the venue" cost money? this is bullshit

i can't like though, i've been dying to get my hands on some "hip hop short videos" and if investing in this thing is what you need for me to get some, lets do it
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Old 02-23-2018, 01:32 PM   #22
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"free rides to the venue" cost money? this is bullshit

i can't like though, i've been dying to get my hands on some "hip hop short videos" and if investing in this thing is what you need for me to get some, lets do it
You're not investing in anything.
I said at the start that it is a communal thing.

You shouldn't be paying for anything
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Old 02-23-2018, 04:32 PM   #23
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You're not investing in anything.
I said at the start that it is a communal thing.

You shouldn't be paying for anything
So how is the car ride paid for lol. No offense dude but you seem to have 0 idea of how this would actually work in reality or you're just explaining it really badly.
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Old 02-24-2018, 04:15 AM   #24
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You shouldn't be paying for anything
could you tell my wife that? she has this thing about "supporting" our "family". Driving me crazy
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