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Tuck Fheman

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Re: My pitch to the Overstock CEO
« Reply #1 on: June 25, 2015, 09:27:56 PM »
He took a $100k in altcoin Losses for Q1 2015.

ftfy ;)

Offline Ander

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Re: My pitch to the Overstock CEO
« Reply #2 on: June 25, 2015, 09:43:06 PM »
Quote
He took a $100k in altcoin bitshares Losses for Q1 2015.

Maybe.  :P
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Offline Permie

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Re: My pitch to the Overstock CEO
« Reply #3 on: June 25, 2015, 10:00:29 PM »
http://www.overstock.com/85772/static.html
Quote
[email protected]

INVESTOR RELATIONS

Contact: Mark Harden
Phone: (801) 947-5409
MEDIA RELATIONS
Phone: (801) 947-3564

https://twitter.com/overstockceo

How about we compose and send them the full pitch?

Worldstock, which sells artisan works of art from workers in impoverished countries all over the world. It seems to be very important to Mr Byrne and if there is a way a UIA or something BitShares can do to make it more efficient I think we could have a seriously good pitch.
They've been in the press alot with which platform Overstock want to use and BitShares could be in the spotlight.

Quote
It was too obvious even for me to miss! The central problem of artisan production – how to marry scattered small-lot production to mass demand – is indistinguishable from that of liquidation. And, by one of those weird coincidences that seem to govern my life, this was a problem I had already built the most effective mechanism to solve: Overstock.com.

Upon returning to the States, I formulated plans for Worldstock, a store within Overstock.com devoted solely to carrying the works of artisans – especially disadvantaged artisans – and selling them as inexpensively as possible so as to maximize the amount of return for them.
http://www.overstock.com/85772/static.html

« Last Edit: June 25, 2015, 10:08:48 PM by Permie »
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Tuck Fheman

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Re: My pitch to the Overstock CEO
« Reply #4 on: June 25, 2015, 10:11:03 PM »
Quote
He took a $100k in altcoin bitshares Losses for Q1 2015.

Maybe.  :P

I didn't want to say it twice and start a conspiracy. ;)

Offline arhag

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Re: My pitch to the Overstock CEO
« Reply #5 on: June 25, 2015, 10:32:37 PM »
There won't be any more yield on BitAssets soon, so let's stop advertising that.

Also no reward without risk. I assume they weren't holding altcoins for their use in transactions but rather for speculation. They took a bet hoping for a gain, but instead got a loss. Holding BitUSD for this purpose makes no sense since there is no upside potential (relative to USD). The only reason they would have to hold (some) BitUSD is if they could pay their employees and suppliers with it (and enough people were buying their stuff using BitUSD).

The real pitch to Overstock should be getting them to dual list their stock as a compliant UIA on the BitShares exchange rather than trying to build their own.

Offline kenCode

Re: My pitch to the Overstock CEO
« Reply #6 on: June 25, 2015, 10:35:18 PM »
http://www.overstock.com/85772/static.html
Quote
[email protected]

INVESTOR RELATIONS
Contact: Mark Harden
Phone: (801) 947-5409
MEDIA RELATIONS
Phone: (801) 947-3564

https://twitter.com/overstockceo

How about we compose and send them the full pitch?
Worldstock, which sells artisan works of art from workers in impoverished countries all over the world. It seems to be very important to Mr Byrne and if there is a way a UIA or something BitShares can do to make it more efficient I think we could have a seriously good pitch.
They've been in the press alot with which platform Overstock want to use and BitShares could be in the spotlight.

Quote
It was too obvious even for me to miss! The central problem of artisan production – how to marry scattered small-lot production to mass demand – is indistinguishable from that of liquidation. And, by one of those weird coincidences that seem to govern my life, this was a problem I had already built the most effective mechanism to solve: Overstock.com.
Upon returning to the States, I formulated plans for Worldstock, a store within Overstock.com devoted solely to carrying the works of artisans – especially disadvantaged artisans – and selling them as inexpensively as possible so as to maximize the amount of return for them.
http://www.overstock.com/85772/static.html

 
BAMM! Permie, I love you.

Offline cass

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Re: My pitch to the Overstock CEO
« Reply #7 on: June 25, 2015, 10:41:00 PM »
The real pitch to Overstock should be getting them to dual list their stock as a compliant UIA on the BitShares exchange rather than trying to build their own.

THIS  +5%

And pls let us discuss such things before you get in contact ...
If they get contacted in wrong way ... it's a lost contact ...

At least we need a community member with a deep technical understanding of bitshares .. more important 2.0

Input appreciated @vikram
« Last Edit: June 25, 2015, 10:43:37 PM by cass »
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Offline Permie

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Re: My pitch to the Overstock CEO
« Reply #8 on: June 25, 2015, 11:05:05 PM »
I have previously emailed Vaultoro, and got them to this thread https://bitsharestalk.org/index.php/topic,16724.msg214428.html
Quote

    Hello,
    I'm a shareholder of the BitShares crypto-ecosystem and I would like to
    discuss the mutually beneficial relationship that is possible between
    BitShares and Vaultoro. There is a thread on the bitshares talk forum here:
    https://bitsharestalk.org/index.php/topic,16724.msg214074.html

    I have CC'd [email protected] (one of the 101 elected delegates of the
    BitShares ecosystem) in case of technical questions.

    A PDF info-graphic for a quick overview of BitShares is available at
    https://pdf.yt/d/atDhSKTY2mwequs0

    Could you please direct us to the relevant people to discuss the
    technicalities?

    The BitShares ecosystem is a decentralized asset exchange that allows user to
    issue their own assets. These assets can be traded in seconds, and allow the
    user to retain sole control of the private keys. The issuer of these UIAs
    (User Issued Assets) collect all fees generated, and can set KYC requirements
    limiting who can hold it.
    Vaultoro could issue such an UIA to enable your company to access BitShares
    users as potential customers and profit from every trade of your UIA.
    Existing Vaultoro customers would benefit by being able to hold their claims
    to Vaultoro gold on a decentralized platform where only they hold the private
    keys.

    Another aspect of the BitShares ecosystem that Vaultoro could benefit from
    are the Market Pegged Assets. These are assets that track the value of real
    world assets such as USD, CYN, Gold and Silver but are not subject to any
    counterparty risk, and are backed by over 100% collateral.

    Vaultoro could allow their customers exposure to bitSilver to test the demand
    before committing to purchasing more bank vaults and physical silver.

    Vaultoro could accept bitGold in exchange for Vaultoro Gold.
    The value of Vaultoro gold can then be exposed to the BitShares decentralized
    market to be traded. This brings another price finding mechanism to value
    Vaultoro gold against assets such as bitcoin, USD, CNY, Gold and Silver.
    Accepting bitGold for physical delivery of gold would open Vaultoro up to an
    entire new market and provide a convenient gateway from crypto to physical
    assets. As gold dealers are subject to far less regulation than traditional
    banks this gives Vaultoro a significant advantage.

    We look forward to hearing from you,
    Thank you

And to Amagi Metals

Quote
The BitShares ecosystem is a decentralized asset exchange that allows users
to issue their own assets. These assets can be traded in seconds, and allow
the user to retain sole control of the private keys. The issuer of these UIAs
(User Issued Assets) collect all fees generated, and can set KYC requirements
limiting who can hold it.

Amagi could issue such an UIA to enable your company to access BitShares
users as potential customers and profit from every trade of your UIA.
These UIAs could represent claims to particular Amagi products, your platinum
coins may be of particular value as there is yet to be a popular platinum
asset on the BitShares exchange.
The purchaser of one of your UIA tokens may not necessarily receive delivery
of your stock, but instead trade it's value against other tokens. The fees
for these trades will be paid to Amagi, as the issuer of the UIA. This means
that any still-warehoused products can be producing income by allowing their
value to be traded on the free market of the BitShares Decentralized Exchange
and collecting the resulting fees.

Another aspect of the BitShares ecosystem that Amagi could benefit from are
the Market Pegged Assets. These are assets that track the value of real world
assets such as USD, CNY, Gold and Silver but are not subject to any
counterparty risk, and are backed by over 100% collateral. Amagi could
benefit by holding some value pegged to gold and silver to better plan
stocking requirements and to hedge against any significant moves in the
USD:PMs markets. Assets such as bitSilver and bitGold can be stored in
exactly the same way as bitcoin.

Amagi could accept bitGold in exchange for Amagi Gold allowing gold bugs to
hold as much value pegged to gold as they like, knowing that at any time they can swap it for physical gold with Amagi. Issuing a UIA of "Amagi.Gold"
allows Amagi access to new markets and income potential as well as brand
exposure on a worldwide network.
The value of Amagi gold can then be exposed to the BitShares decentralized
market to be traded. This brings another price finding mechanism to value
Amagi gold against assets such as bitcoin, USD, CNY, Gold and Silver.
Accepting bitGold for physical delivery of gold would open Amagi up to an
entire new market and provide a convenient gateway from crypto to physical
assets. As gold dealers are subject to far less regulation than traditional
banks this gives Amagi a significant advantage.

Something along those lines but specific to overstock and focusing on their ability to offer their stock on the exchange as well as make use of UIAs and collect fees + referral system
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Offline Murderistic

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Re: My pitch to the Overstock CEO
« Reply #9 on: June 25, 2015, 11:06:52 PM »
The real pitch to Overstock should be getting them to dual list their stock as a compliant UIA on the BitShares exchange rather than trying to build their own.

THIS  +5%

And pls let us discuss such things before you get in contact ...
If they get contacted in wrong way ... it's a lost contact ...

At least we need a community member with a deep technical understanding of bitshares .. more important 2.0

Input appreciated @vikram

Agreed - don't contact until we have a message and can be discussed by the biz dev team...

Offline Permie

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Re: My pitch to the Overstock CEO
« Reply #10 on: June 25, 2015, 11:14:45 PM »
Agreed
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Offline Ander

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Re: My pitch to the Overstock CEO
« Reply #11 on: June 25, 2015, 11:30:03 PM »
Indeed, the devs had discussions with Overstock some time last year.  If the relationship was going to reopen it should probably involve the people who were in the discussions with them before.

Now that Bitshares 2.0 is going to have more features and better technical stats, perhaps they would be interested again.
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Offline luckybit

Re: My pitch to the Overstock CEO
« Reply #12 on: June 25, 2015, 11:31:37 PM »
What if Overstock buys Cryptonomex and they fork Bitshares 2.0?
We should propose to Overstock that they buy Cryptonomex.

As a private corporation there is no reason why they would want to make any of us rich. It would be too risky to make your competitors rich when you can steal their tech and give them nothing.
« Last Edit: June 25, 2015, 11:33:20 PM by luckybit »
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Offline Ander

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Re: My pitch to the Overstock CEO
« Reply #13 on: June 25, 2015, 11:33:21 PM »
What if Overstock buys Cryptonomex and they fork Bitshares 2.0?
We should propose to Overstock that they buy Cryptonomex.

No, no we shouldnt.

We should pitch to them that they become customers of the Bitshares blockchain, like Bank Capital is now.
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Offline luckybit

Re: My pitch to the Overstock CEO
« Reply #14 on: June 25, 2015, 11:34:20 PM »
Overstock CEO is not stupid. Why would he become a customer when he can just buy Cryptonomex and steal the whole technology?

What would Bill Gates or Steve Jobs do in this situation?

Yeah, go ahead and tell them to just buy Cryptonomex. Maybe if we are lucky it will fund development for Bitshares 2.0.
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