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Offline Ander

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Can we implement Patreon in bitshares?
« on: April 27, 2015, 07:14:53 PM »

If you dont know about Patreon, it is a site that allows artists/devs/content creators to register, and then other people can pledge to be a patron for them, by sending them $X per month.  For example, if you really love someone's youtube videos, or their open source software, or whatever, you can pledge to send them $2 a month, or $10, or 50 cents, or whatever.


How Bitshares could do this:

* Content creators register a BTS account and post their BTS name.

* In Bitshares there is a command to become the patron of someone.  For example, you would execute a command "Every month, send 2 bitUSD to (account name)".  Instead of every month, it could be "every X blocks", where that would make it approximately a month.  Or whatever time frame you want.

* When the block number rolled aorund, Bitshares would automatically create a transaction for you, sending that much bitUSD to that person, if you had enough bitUSD.  (Alternately, you could set aside bitUSD for this purpose?)

* The blockchain could charge a small fee for the service.  For example, 99% could be sent to the person you are being the patron of, and 1% could be burned by the blockchain.  (Since we are talking about bitAssets, the blockchain could issue an automatic market order to conver bitUSD into BTS, then burn the BTS). 



Benefits:
1) Another use case for Bitshares.  People who would otherwise use Patreon would create BTS accounts, people who wanted to support them would create BTS accounts.  This could be a marketing tool, as anyone using Bitshares to get patronage would be telling people about Bitshares.
2) Greater demand for bitAssets.
3) BTS would be burned, helping the blockchain be profitable.  Alternately, it could be a no-fee service, or very low fee, so that it competes with Patreon in fees. 


Thoughts?
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Offline davidpbrown

Re: Can we implement Patreon in bitshares?
« Reply #2 on: April 27, 2015, 08:18:26 PM »
That would be a good idea for PeerTracks too.. are they limiting themselves to music or all art?.. It does seem to be music obviously but could easily be any digital art??
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Offline luckybit

Re: Can we implement Patreon in bitshares?
« Reply #4 on: April 27, 2015, 08:34:24 PM »
This belongs in Bitshares Music not Bitshares.

Why does the Bitshares community want to centralize around Bytemaster? I know Bytemaster owns a lot of Bitshares and does come up with a lot of the best ideas but that kind of centralization brings risk.

Having multiple blockchains and forks actually gives us a way to diversify and spread our risks among different teams of developers without having to leave the whole ecosystem.

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Offline luckybit

Re: Can we implement Patreon in bitshares?
« Reply #5 on: April 27, 2015, 08:36:26 PM »
That would be a good idea for PeerTracks too.. are they limiting themselves to music or all art?.. It does seem to be music obviously but could easily be any digital art??

Peertracks should focus on Music. Bitshares Video could focus on video. I still believe in multiple competing chains rather than centralization around the root chain. I think the industry and ecosystem is more resilient when there is more than one project.

This is one reason why I was against the merger. This kind of centralization isn't working for Bitcoin and it doesn't work for us either as we are seeing. So I hope Bitshares Music can have success so that at least one of the chains isn't losing money daily.
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Offline gamey

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Re: Can we implement Patreon in bitshares?
« Reply #6 on: April 27, 2015, 10:08:48 PM »
I believe this is the same feature that was discussed for the porn industry. (recurring payments)
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Offline cass

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Re: Can we implement Patreon in bitshares?
« Reply #7 on: April 27, 2015, 11:28:30 PM »
That would be a good idea for PeerTracks too.. are they limiting themselves to music or all art?.. It does seem to be music obviously but could easily be any digital art??

Peertracks should focus on Music. Bitshares Video could focus on video. I still believe in multiple competing chains rather than centralization around the root chain. I think the industry and ecosystem is more resilient when there is more than one project.

This is one reason why I was against the merger. This kind of centralization isn't working for Bitcoin and it doesn't work for us either as we are seeing. So I hope Bitshares Music can have success so that at least one of the chains isn't losing money daily.

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Offline joele

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Re: Can we implement Patreon in bitshares?
« Reply #8 on: April 28, 2015, 12:24:24 AM »
I believe this is the same feature that was discussed for the porn industry. (recurring payments)
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