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mickaelgermemont / AttendanceCoin

AttendanceCoin for NYC-Blockchain-Devs
MIT License
11 stars 8 forks source link

Potential Use For AttendanceCoin #24

Open pereztjacob opened 6 years ago

pereztjacob commented 6 years ago

As a currency, AttendanceCoin must have some sort of circulation - one potential case may be for AttendanceCoin to be spent by prospective employees on fast-track applications from employers. Employers could set their own price - the market will find some sort of equilibrium because an employer that is not selling any fast-track applications will need to either lower their price or increase the incentive to work there. Prospective employees will be proving their worth by having coin to spend (which requires contributing to the community positively), while employers will get to see which applicants are serious about working at their company as well as who is credible within the community.

Alchemist21 commented 6 years ago

In addition, regarding the attendance coin, I think it is important to mention that it can be used as one of the metrics for possible employment and not the total metric because, as based on the discussion awhile ago, other metrics needs to also be considered such as quality of the DaPP and its impact, if ever, on the community.