iEthereum is what it is not!
Or shall I say iEthereum to be or not to be?
iEthereum would be what it could be!
The iEthereum Advocacy Trust is not only attempting to archive and document iEthereum history, but it is also attempting to build a future that adopts iEthereum for functional day to day utility and purpose in facilitating P2P markets.
If people or businesses except iEthereum in the form of payment for goods or services; they will also want to know that they can redeem those iEthereum for other goods and services. More importantly, in this economy, they will want to know that they can convert their received iEthereum for monetized value, such as dollars or other form of national currency. At the very least they will want to know they can swap their iEthereum for more accepted cryptocurrency such as Bitcoin or Ethereum.
iEthereum is currently a low cap small volume coin that has many obstacles and challenges ahead. A hurdle that most cryptocurrency projects encounter is liquidity and markets. These challenges are not unique to iEthereum. The open source iEthereum token is not an outlier with this reality.
The purpose of this article is to begin brainstorming ideas and to start the conversation on developing a strategic roadmap to build liquidity and markets for iEthereum. Consider this to be a blueprint for future development.
It's important to manage expectations given the current information available. Here's why:
iEthereum Low price and volume: Generating significant interest will be challenging.
Limited information on iEthereum: Understanding the project's purpose and roadmap is crucial for attracting users.
Phase 1: iEthereum Research and Repositioning
Gather Information on iEthereum: Research the project, the iEthereum whitepaper team, and development progress.
Identify iEthereum Value Proposition: What problem does iEthereum solve? What are its unique features compared to other tokens?
iEthereum Community Assessment: Is there an existing community around iEthereum? What are their concerns and expectations?
Phase 2: Building open source iEthereum Trust and Credibility
Transparency: Clearly communicate iEthereum yet distinguish independent iEAT vision, roadmap, and development progress.
Website and Marketing: Develop an independent professional website and social media presence to explain the project's potential.
Audits and Security: Consider independent audits to verify the iEthereum token's functionality and security.
Phase 3: iEthereum Market Making Strategies (Consider these cautiously)
iEthereum Liquidity Incentives: Explore providing iEthereum liquidity incentives on Decentralized Exchanges (DEXs) like Uniswap or Sushiswap.
iEthereum Strategic Partnerships: Partner with established projects or influencers to increase awareness. (Do thorough research on potential partners)
iEthereum Community Building: Engage with the existing iEthereum community and encourage participation in online forums and discussions.
Important Considerations:
Regulations: Be aware of any regulations surrounding iEthereum and cryptocurrency trading in your region. I would suspect that we will need to apply for a money transfer license to set up liquidity or OTC desk/ currency exchange.
Additional points:
Focus on Utility: Highlight real-world use cases for iEthereum to attract users beyond speculation.
Long-term commitment: Building a successful market takes time and consistent effort.
We utilized the above blueprint outline to create a robust plan to achieve our goal with the help of the iEthereum community. Lets work towards, build on, and reiterate the following:
iEthereum 10 Year Strategic Roadmap: Growing Market Cap from $1.8 Million to $100 Million
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