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[Crypto] Add WOWNERO #11

Open nahuhh opened 2 years ago

nahuhh commented 2 years ago

What's the ticker symbol of the project?

WOW

Why should it be added to Haveno? How would it benefit the project and the community?

Is it an Ethereum token (ERC-20)?

Was the coin pre-mined before public launch?

Is there a dev fee for the project maintainers?

Please provide resources about the project (Website, Twitter, etc)

You can find more info about WOW in your heart.

..also on wownero.org Suchwow.xyz for documentation

Additional notes

If WOW writes the pr, might just be a meme. Better off doing it yourself. wannabuy.jpg

plowsof commented 2 years ago

WOW rpc calls are pretty much 'like for like' to Moneros' . The only difference i have found is that their atomic units (xmr = 12, wow=11) and currently it has a trading pair on Tradeogre (wow-btc)

nahuhh commented 2 years ago

Yes. Trade ogre is the only "real" competitor and does 10-20k in volume daily.

With a market cap of 7m.

Thats a lot more than most coins on bisq, including big names ltc, doge, zcash, etc

Wow could be the top performing coin haveno.

Nice gentle intro to privacy.

Edit: top volume* crypto, aside from btc and eth and xyz stablecoin

HavenoDEX commented 2 years ago

Please edit the title so it's consistent with the provided template

Why should it be added to Haveno?

This question hasn't been answered. Please don't use memes and try to be as clear as possible.

github-actions[bot] commented 2 years ago

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Please leave a comment after the needed changes have been implemented. In case of no answer from the author, this issue will be closed.

HavenoDEX commented 2 years ago

@nahuhh this part breaks the template. Please fix:

### Why should it be added to Haveno? 
![QkNzplGtRqVL2EGx-MonerovsWownero.jpg](https://user-images.githubusercontent.com/50635951/165939718-87e2760a-4c55-4225-8a47-02e65aca4886.jpg)

How would it benefit the project and the community?
- Suspected high volume pair due to
- thin competition from other exchanges 
- xmr <-> wow 
nahuhh commented 2 years ago

@HavenoDEX

Did that fix it?

plowsof commented 2 years ago

Don't forget they enforce solo mining, Monero has centralised mining pools (p2pool will eventually fix this) https://pools.xmr.wiki/

HavenoDEX commented 2 years ago

Did that fix it?

Yes. Thank you.

SamsungGalaxyPlayer commented 2 years ago

My blunt thoughts are below:

  1. The entire Wownero userbase also uses Monero. Wownero users are exclusively a niche of Monero users. Adding Wownero won't add more users to Haveno.

  2. There's no incremental utility. There are no exchanges that list WOW or merchant's who accept WOW who don't also list/accept XMR.

This inclusion benefits WOW users, but not XMR users (those who aren't also WOW users) to a significant extent.

Still, supporting coins overall is a good thing. Any additional volume is a good thing for Haveno and Monero.

Thus, I recommend this be considered for the second or third stage of listing assets. Adding stables will have a far more meaningful impact imo to both Haveno and Monero.

nahuhh commented 2 years ago

My blunt thoughts are below:

Adding Wownero won't add more users to Haveno.

Should add volume. Which is good for monero/haveno (fees)

  1. There's no incremental utility. There are no exchanges that list WOW or merchant's who accept WOW who don't also list/accept XMR.

WOW+ xmr users dont want to use a cex or go through btc in order to swap.

I believe they would move to haveno, even with higher fees

This inclusion benefits WOW users, but not XMR users (those who aren't also WOW users) to a significant extent.

Nobody holds wow for any amount of time, it gets funneled into (I assumed) xmr.

Still, supporting coins overall is a good thing. Any additional volume is a good thing for Haveno and Monero.

I think wow would be a top pair, aside from stables, btc and eth.

Thus, I recommend this be considered for the second or third stage of listing assets. Adding stables will have a far more meaningful impact imo to both Haveno and Monero.

I agree with stables, but I think WOW should be on release for a few reasons

Disclaimer: I own 0 wow. But I would play with it on haveno over any public blockchain.

eqn-group commented 2 years ago

Please don't waste yours and community's time adding useless shit to haveno, close these similar proposals request.

nahuhh commented 2 years ago

@equation-group

What is your definition of useless? I think a major metric for an exchange should be volume, and competing for said volume.

Some pairs on bisq do quite well. Notably xmr, eth* and doge.

Litecoin and zcash do 0 volume. 0 bids and 0 asks, 0 liquidity, makes an exchange useless.

Doge might be trash, but IMO it makes more sense to list doge than litecoin. It actually has liquidity. (Im not suggesting pushing Litecoin back) Bisq: Image_101.jpg

XfedeX commented 2 years ago

Wownero is the first privacy-respecting memecoin. It's actually more useful than most "serious" coins. Its main usecase is microtipping memes on suchwow.xyz . I think that Wownero is a "privacy trojan horse", as it teaches people about privacy and Monero using memes.

BugBud commented 2 years ago

@SamsungGalaxyPlayer @equation-group

I understand where you are coming from I once too thought that WoW did not bring anything new to the table however I have come to change my view in this respect.

  1. Wownero appeals to a different kind of person than Monero, someone less focused on Privacy and more on memes.

  2. Wownero really needs Haveno that is Monero has multiple exchanges but Wownero users would really embrace a Wownero listing because it is on just one exchange with reliable volume and if Wownero was added by Haveno I am sure that the community will bring its incredible meme and art skills to bear on Haveno which will be a fun push for Haveno.

  3. Wownero has a long distribution ( 50 years) this isnt so relevant to those of us that have been mining monero for years but to new miners so much of the Monero is already mined and I truly believe billions of people could come to mine Monero and some might ask why did such a small group get such a high concentration of the mined coins. If people in 20 years decide yes CPU mining is the future and I should do it they might realize they are just getting a portion of the tail emission. With Wownero they wont be just getting tail emission but there will still be a significant percent of the total available for grabs for new cpu miners in the next few decades. This doesnt take anything away from Monero it just suggests that when the masses adopt cpu mining they might find the relatively short emission curve of Monero unfair to them and want to participate in a flatter emission crypto like Wownero. Its just taking into account the long learning curve for adopting fairly mined asic resistant privacy coins.

  4. There are so many erc20 cryptos and meme coins that to compete with its model Monero has to have some clones, of the 9000 cryptos less than 300 have a blockchain, of those less than 100 are POW and of those less than 50 are pure POW fair launch coins of those a handful implement privacy solutions.

  5. Wownero has a distinctly different community, one great example of this is Wownero implemented the first VR wallet and that VR compatible wallet overlay was used extensively by DJs in virtual parties in VR chat and NEOS to tip the DJS and dancers. The meme community on suchwow.xyz is another great example of uniquely wownero users. Youll notice on coinmarketcap Wownero has several tags that Monero does not such as Meme coin and VR/AR coin.

  6. Finally Wownero is a fully community effort there's no free coins for development its not easy running everything on bug bounties and through donations but it creates a fair ecosystem there are a large number of XMR clones but most have premines, dev funds and marketing budgets. WOW operates like Bitcoin and Monero without any unmined free coins for anyone and thats a difficult thing to do when devs can make big money on the latest instamined project so any help and support from the Haveno team is greatly appreciated. Many exchanges want big bucks to list WoW so getting it on Haveno would mean the world to the community.

If Haveno moves forward Id be willing to create a Wow bounty for the team on the Wownero funding website.

Thanks

HavenoDEX commented 2 years ago

This is not a forum, please stop posting memes here. They clutter the screen with useless information and make harder to follow the discussion. We have removed all memes except the one in the OP.

dginovker commented 2 years ago

While I agree that Wownero brings little measurable value to the table, it's an honest cryptocurrency with a development team that in this bear market, has proven the test of time. It's a breath of fresh air in the cryptospace, and as of writing not a bad cryptocurrency for Haveno to be associated with.

Certainly stable and high volume coins are better, but it's great to give and have fun too. I certainly support this proposal :+1:

ghost commented 2 years ago

I agree with @dginovker 's sentiment

jwinterm commented 5 months ago
1. The entire Wownero userbase also uses Monero. Wownero users are exclusively a niche of Monero users. Adding Wownero won't add more users to Haveno.

Anecdotally, I know at least a few WOW users that don't touch XMR, so probably correct to say "almost the entire Wownero userbase", but not quite at least, and just because someone "uses" both doesn't mean they don't want a means to swap in between the two.