Read below to find out more about Developer Coin.
What is my Developer Coin?
Everyone who has signed up onto the network has their own Developer Coin. Your Developer Coin is an intrinsic value of your identity, to help you build a more valuable and meaningful network for you throughout your developer journey. The more you engage with the community, the higher in value your Developer Coin. For poeple who want to contact and chat with you directly 1-1, they need to pay a % of your Developer Coin value, of which that payment amount goes directly to you to spend / withdraw. Therefore, the higher in value your Developer Coin, the more money you can make.
How do I increase my Developer Coin value?
Whilst your Developer Coin primarily increases in value through building a trusted network and connecting with other developers, there are many other things you can do to increase the value of your coin. See here what will help boost your Developer Coin:
- What's your tech stack?
Simply adding your tech stack to your profile will boost your coin. The reason this would boost your Developer Coin is you are letting the community know what tech you are interested in / learning / experinced in and this helps other community members to reach out to you or follow your Developer story.
- Are you on GitHub?
This is a developer network. And it wouldn't be a developer network if we didnt share our GitHub account. Linking your GitHub account to your profile boosts your Developer Coin.
- Show off your projects, components, side-hustles, startups ...
Showing off your work such as projects, apps, games, side hustles, components, libraries, tools. etc. will increase your Developer Coin value. Showing off your work not only strenghtens your identity, but also helps the community in regards to learning, sharing problems and making connections. All of which gives more value back to you and your coin.
Can I spend my Developer Coin value?
No ... not yet anyway. Your Developer Coin is an intrinsic value of your identity, to help build a more valuable and meaningful network for you. The more you engage with the community, the more your coin value increases. However, for poeple who want to contact and chat with you directly 1-1, they need to pay a % of your Developer Coin value, of which the payment amount goes directly to you that you spend / withdraw. Therefore, the higher in value your Developer Coin, the more money you can make.
Can I buy other peoples Coin?
Yes. In order to buy other peoples coin, you need to Connect to them. You need to pay to connect to other developers on the network. Every 2 way acknowledged connection on the network increases peoples Developer Coin value, therefore everyone within your network will be a holder of your Developer Coin. For example, say you wanted to connect to another developer called Lisa, you will pay $X for that connection request. In order for Lisa to accept the connection she will have to buy your Developer Coin. This ensures a 2 way acknowledged connection of value, meaning your own network becomes more valulable built on trust. Coming soon, you will be able to buy other Developer Coins without the need to connect.
Unlike other networks, on thefullstack, making a connection to somebody carries a meaning and value. The value of building a trusted network of connections opens doors to better opportunities for you. When making a connection, you need to pay the coin price for that connection from your wallet. This coin price value will vary from user to user because of their Developer Coin value. Meaning, the higher the Developer Coin value a developer has, the higher the cost it is to connect to them. The connection cost is a signal of endorsement and trust. For example, say you have been following the journey of a Developer called Lisa. You support her projects and have received great advice or guidance from Lisa within the community. You trust them. If you wanted to connect to Lisa you will need pay $X coin price for that connection request (Effectively you are buying her Developer Coin). In order for Lisa to accept the connection she will have to buy your Developer Coin. This ensures a 2 way acknowledged connection of endorsement and value. Not only does your Developer Coin increase in value, now your network of connections becomes more valulable and built off endorsement and trust.