Harmony talks about marketing quite a bit.
I think the upcoming public release for the Bitcoin bridge is a perfect opportunity for a marketing event.
Harmony should consider subsidizing the bridge BTC --> Harmony Network. This can be in the form of covering all fee's for the bridge transfer into the network ( no subsidy for Harmony --> BTC)
This type of marketing event would have multiple positive affects.
- Will encourage more liquidity to the network
- Will increase exposure of Harmony One to the public
- Will increase confidence in using the bridges in the future
Of course, there would have to be some limits to the promotion, to prevent abuse. Here are some considerations:
- Put a minimum on the amount transferred (0.01 bitcoin or more).
- One free transfer per address
- Cap the overall number of free transfer for the entire network
Since Harmony has a $300 million dollar startup fund, I think they could allocate some money towards subsidizing the BTC bridge as a promotion. I will likely transfer some BTC into the network no matter what, but, if there is a free promotion, it may quicken the process and will certainly build up my confidence in its use.
What do you think?
No comments:
Post a Comment