Let’s talk about the elephant in the room.
Bottomline is: Grin is an exciting project with fascinating tech that might fail to gain traction and become one of many dead ends in the cryptocurrencies world. What can be done about this?
Some of the stuff below might sound harsh, but I guess that is not the time for sugercoating.
I think we all might be biased here. This might soud harsh, but the project is going nowhere in terms of wider interest (not to mention the price). Yeah, the concept was fun and many people were passionate to deliver something really good, but even the best intentions might not allign with what market prefers. It is still profitable enough to mine but with lack of interest the future is not bright. Big exchanges do not want to list it (and those who listed us seem to no longer care about it, look at Bittrex, where the wallets are off), new people are not coming to the community, ASIC producers scrapped their ASIC plans, people are still mining, because it is still profitable and devs are still developing, because they are getting like 10k USD per month (or whatever the money is now), so it makes sense for them to sit on this for as long as possible, but there is nothing that could bring people to Grin. When they are looking for anonimity they are picking Monero, when they want simple coin they go with BTC, and when they want smart contracrs they pick ETH. When they want experiment they pick the flavour of the month - and yeah Grin was flavour of the month last year in February, when prices were rallying and everyone were listing us, but it seems like dead end now. We all might be biased in believing otherwise since our bags might be heavy or we might be passionate about the tech, but all the positive and negative biases aside, anyone could think of 3 reasons why things could change in the near future? I mean, why suddenly people should get interested in Grin in the timeframe of following months?
I don’t think that’s something one person or small group of people could change. Perhaps this is question of finding the answer to the question WHY people should chose Grin. Yeah, scalability and anonimity are cool, but the first one is not that visible yet and second is achieved on smiliar level with projects like Monero or Zcash. Yeah, we can discuss that Grin has fairer distribution etc., so long term this is advantage, but when people do not care about the project advantages like this are irrelevant. Perhaps something that boosts adoption would make people realise, that we are not much worse than Monero, Zcash and on some levels can be even better.
If I had answer or even remotely valuable ideas I would bring them to the table. Well, of course listings on mayor exchanges are something that always boosts interests, even if some people jump in only because of the listing, not caring if it is a shitcoin or valuable project, it always brings visibility and that would make all kinds of people involved in the community.
Second thing is easier onramping. Yeah, things that are done with projects like Grin++ are impressive, we understand that, but for new people it is much easier to onboard on Beam than on Grin (for the reasons that we know), so perhaps making onboarding easier would be second step, but listing, listings and listings are the most important thing right now. But we won’t have the listings without easy tools for people to handle their coins, so I guess both those things should happen.
Some of those plenty of BTCs that are being held by the council should be used for listings, because it brings visitibility to the project. Easiest way to bring visisbility. It is not a shame to ask for paid listing. Yeah, we might have gotten spoiled by free listings by Poloniex, Bittrex etc. in the early days of the project, but it is because back the Grin was flavour of the month.
Also, finding and enforcing standarized tx methos would be a milestone here. To summarise, we need listings (even if they cost us money) and easy GUI wallets with standarized tx methods. Perhaps you have other ideas, feel free to share them, but one thing seems almost sure - despite many technical improvements happening all the time, the project as a whole is heading downhill and we need smart person to figure out what can be done about it and implement that idea.