(Image by whitefish - DeepOnion.Org)
95% of Alt Coins are going to die. There is no way to sugarcoat that statement. Developers work hard, innovate, promote their coins, recruit people to help promote their coins, but for one reason or another, most new coins are going to get lost in the ever changing sea of cryptocurrencies. That’s why it is important to find a coin with an edge. Something that hasn't been tried before. Something that isn't already tired and watered down. That is what Deep Onion brings to the table.
In a recent unofficial poll on BitCoinTalk, when asked what a top priority should be when looking for a new coin to invest in, the word “community” was one of the top answers. Community is what will keep a coin alive and thriving. And Deep Onion has found a way to build a community by using an innovative twist on airdropping coins.
With most airdrops, you simply submit your wallet address to the airdrop request website or page, and someone will drop some coins in to that wallet. That’s it. Because the recipient has made little effort, and has not gained any knowledge or understanding of the project, and has no connection to the project, most airdrops turn into a race to the exchanges to see who can dump first, driving the price down to nothing.
Deep Onion is taking a different approach. Instead of dropping all their coins in one day to anyone who posts an address, they are distributing their coins over a 40 week period, vetting the recipients, eliminating cheaters, and trying to recruit people who are dedicated to the long term success of Deep Onion. They require community involvement. You have to be a long time member at BitCoinTalk and join DeepOnion.org, promote their coin by wearing their signature, engage in discussions at DeepOnion.org, and learn about the coin and future it holds. What they are really doing is building a dedicated team of Deep Onion enthusiasts.
And there is evidence it is working. The price is stable, and on their 13th Airdrop, which happened 10/13/2017, they announced that all participating members from the previous week had held at least 90% of their coins, showing there is no race the exchanges to dump coins. And this happened during a period where Deep Onion was rising, as well, which makes it even more incredible that the HODLers kept HODLing.
In addition to their innovative way to build community, Deep Onion has introduced some block chain innovations which sets them apart from other coins. Deep Onion has always been a privacy focused coin, using the TOR network as it’s backbone to shield it’s users from tracing, but just last week, Deep Onion introduced a new feature called DeepVault. DeepVault allows users to insert a verification hash permanently into the block chain, and provides end-users the tools to check files against that hash to ensure the files are authentic and unaltered. And Deep Onion’s road map included many new features to be added in the future.
If you are looking to be a part of something that is going to last, I invite you to check out DeedOnion.Org. They are building a great product and enticing a great community to be a part of it.