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Offline bytemaster

Bounty Idea
« on: January 14, 2015, 12:34:37 AM »

I would like to propose a bounty idea... something on the order of 1 million BTS to the first delegate that can achieve at least 33% approval and be in the #1 slot for 1 month. 

My thinking is that it will bring massive attention and incentive to vote / bring in new users to vote and help with security. 

Only problem is it could make the votes "sticky" and hard to change.... thoughts?
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Offline toast

Re: Bounty Idea
« Reply #1 on: January 14, 2015, 12:36:10 AM »
I don't think this is a good idea. The incentive to collect votes is already there, and there's no reason to think there is not enough voter participation at the minute.


There are much, much better things to spend money on if you can afford a 1m BTS bounty.
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Offline speedy

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Re: Bounty Idea
« Reply #2 on: January 14, 2015, 12:43:34 AM »
Why dont you offer that bounty to the first famous BTC/USD exchange that becomes a BTS gateway.

clout

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Re: Bounty Idea
« Reply #3 on: January 14, 2015, 12:47:13 AM »
Why dont you offer that bounty to the first famous BTC/USD exchange that becomes a BTS gateway.

If your going to offer a up a 1 million BTS bounty it should probably be for this.

Offline sudo

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Re: Bounty Idea
« Reply #4 on: January 14, 2015, 01:00:49 AM »
GUI&UED improvement &embedded HELP document in bts Client   is more  urgent


Offline roadscape

Re: Bounty Idea
« Reply #5 on: January 14, 2015, 01:07:39 AM »
It will certainly incentivize delegates to campaign harder. That would be fun to watch/participate in.

But we also need to incentivize voters!

We could schedule a monthly Voting Day and make a big event out of it.
Use mumble to get everyone together and on the same page.

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Offline Pheonike

Re: Bounty Idea
« Reply #6 on: January 14, 2015, 01:22:15 AM »

I was advocating for quarterly election months ago. Having scheduled quarterly/monthly reports would help recognise milestones and performance.

Offline ripplexiaoshan

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Re: Bounty Idea
« Reply #7 on: January 14, 2015, 01:29:00 AM »
So you are counting delegates to attract eyes? But the attracted eyes are mostly shareholder, instead of newcomers.

Why not to spend the fund on more significant things, for example, to increase the ease-of-use.

The current wallet sometimes draws people crazy when they make a vote.
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Offline sudo

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Re: Bounty Idea
« Reply #8 on: January 14, 2015, 03:38:14 AM »
So you are counting delegates to attract eyes? But the attracted eyes are mostly shareholder, instead of newcomers.

Why not to spend the fund on more significant things, for example, to increase the ease-of-use.

The current wallet sometimes draws people crazy when they make a vote.

 +5%

Offline donkeypong

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Re: Bounty Idea
« Reply #9 on: January 14, 2015, 03:46:11 AM »
Why dont you offer that bounty to the first famous BTC/USD exchange that becomes a BTS gateway.

GUI&UED improvement &embedded HELP document in bts Client   is more  urgent

So you are counting delegates to attract eyes? But the attracted eyes are mostly shareholder, instead of newcomers.

Why not to spend the fund on more significant things, for example, to increase the ease-of-use.

The current wallet sometimes draws people crazy when they make a vote.

 +5%

I agree. Give it to the first functional gateway, first user-friendly client/wallet, or first functional GUI. All of which we really need and are still keeping our marketing efforts pretty much on hold.
« Last Edit: January 14, 2015, 05:59:11 AM by donkeypong »

Offline btswildpig

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Re: Bounty Idea
« Reply #10 on: January 14, 2015, 04:10:28 AM »
Is one mil BTS worth getting BTS on several famous western media , both in or outside of crypto  ?
« Last Edit: January 14, 2015, 04:43:11 AM by cn-members »
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Offline sschechter

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Re: Bounty Idea
« Reply #11 on: January 14, 2015, 05:27:58 AM »
GUI&UED improvement &embedded HELP document in bts Client   is more  urgent

 +5% +5%
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Offline agree

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Re: Bounty Idea
« Reply #12 on: January 14, 2015, 07:30:01 AM »
bm到底怎么想的?无语!把精力浪费在这些无关紧要的事上!我就关心稳定的钱包什么时候能出来?不需要下载区块的钱包什么时候有?还有usd/bitusd兑换商在哪里?bm可以关心一下这几个问题么?

What bm is thinking? Speechless! Waste energy on these insignificant things!
When are we going to have a stable wallet? And when can I use a simple wallet which don't need to download the block?
And the usd/bitusd changers in where?
Bm can care about this a few questions?
bts id: agree

Offline Empirical1.1

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Re: Bounty Idea
« Reply #13 on: January 14, 2015, 07:41:45 AM »
That's a big amount, but voting approval isn't our biggest selling hurdle at the moment & won't add to the valuation the most.

Some of the big gateways are losing a lot of money right now. Adding BitShares would be huge in terms our value and legitimacy. They could front-run their announcement. That + a bounty + the timing could be enough.
 

Offline fuzzy

Re: Bounty Idea
« Reply #14 on: January 14, 2015, 07:54:23 AM »
I would like to propose a bounty idea... something on the order of 1 million BTS to the first delegate that can achieve at least 33% approval and be in the #1 slot for 1 month. 

My thinking is that it will bring massive attention and incentive to vote / bring in new users to vote and help with security. 

Only problem is it could make the votes "sticky" and hard to change.... thoughts?

I think that rather than have a bounty like that you should put up a bounty for the community to recruit one of a list of big names in crypto to be a delegate.  Then you can use that delegate's candidacy as PR...and also give the community a real incentive to do outreach.
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