Promote BitShares Exchange with a LISK and WAVE auction!! Call to action

[liondani]

Are any of the people that wanted to join to this auction still up for it?

I am aware of OPEN.LISK, however its price is too damn high. I want to sell some of my Lisk soon, so I would like to know if any of the people here are still considering of selling some lisk for 0.7-1$ each?

I am not negative...

[tarantulaz]

Are any of the people that wanted to join to this auction still up for it?

I am aware of OPEN.LISK, however its price is too damn high. I want to sell some of my Lisk soon, so I would like to know if any of the people here are still considering of selling some lisk for 0.7-1$ each?

[Akado]

The time to get the ICO price was during the ICO.  Beyond that, I think LISK is worth FAR more than the $6M (15k BTC) they raised.  And although I'm not saying LISK should have a similar valuation to ETH, LISK does have a more developed platform with some substantial advantages over ETH.  And they are very good at marketing, as well as community outreach and development.  These factors should bode extremely well for LISK.

What makes you claim Lisk has a more developed platform than Ethereum? I'm asking because so far I'm only aware of the client, I don't know of anything else they have produced, being software or documentation or anything else.

[tbone]

The time to get the ICO price was during the ICO.  Beyond that, I think LISK is worth FAR more than the $6M (15k BTC) they raised.  And although I'm not saying LISK should have a similar valuation to ETH, LISK does have a more developed platform with some substantial advantages over ETH.  And they are very good at marketing, as well as community outreach and development.  These factors should bode extremely well for LISK.

[mf-tzo]

I haven't followed Lisk at all but if I remember correctly there are 100 mil Lisk and they raised $5 mil correct? So essentially the ICO price is $0.05 per list or 1Lisk = 10 BTS. I see on OL orders for 1 Lisk = c600 BTS so probably I misunderstand something here...

[Akado]

today, openledger announced the possibility to buy LISK before the official start on bitshares, so i think this effort is not needed anymore.

thanks for all members who are willing to give some funds for this.

cheers
shentist

Thanks on taking the initiative and thanks for stepping back after CCEKD made the announcement about LISK pairs...
I think it is on the right direction and for the best interest of BTS holders to NOT split our efforts on identical initiatives...

PS what about AUGUR REP tokens? Only one exchange are trading REPs (and META are going great with metaETHs)
      I would contribute a portion of my REPs

Why stepping back? Maybe you can use CCEDK as an escrow, get OPEN.LISK for your ICO coins and start trading at same markets?

I agree, collateral could be provided and OPEN.LISK would be credited on your account. Then once Lisk chain goes live and you send it to OpenLedger, they would return the collateral.

[testz]

today, openledger announced the possibility to buy LISK before the official start on bitshares, so i think this effort is not needed anymore.

thanks for all members who are willing to give some funds for this.

cheers
shentist

Thanks on taking the initiative and thanks for stepping back after CCEKD made the announcement about LISK pairs...
I think it is on the right direction and for the best interest of BTS holders to NOT split our efforts on identical initiatives...

PS what about AUGUR REP tokens? Only one exchange are trading REPs (and META are going great with metaETHs)
      I would contribute a portion of my REPs

Why stepping back? Maybe you can use CCEDK as an escrow, get OPEN.LISK for your ICO coins and start trading at same markets?

[liondani]

today, openledger announced the possibility to buy LISK before the official start on bitshares, so i think this effort is not needed anymore.

thanks for all members who are willing to give some funds for this.

cheers
shentist

Thanks on taking the initiative and thanks for stepping back after CCEKD made the announcement about LISK pairs...
I think it is on the right direction and for the best interest of BTS holders to NOT split our efforts on identical initiatives...

PS what about AUGUR REP tokens? Only one exchange are trading REPs (and META are going great with metaETHs)
      I would contribute a portion of my REPs

[Shentist]

What about to put the collateral max at  3 times the "original" price?   (don't forget that the "original" price is probably overvalued)


PS  "Original" price = 0.0075 BTC http://coinmarketcap.com/currencies/lisk/

the original price should be around 5000 LISK per 1 Bitcoin i think my numbers are correct.

today, openledger announced the possibility to buy LISK before the official start on bitshares, so i think this effort is not needed anymore.

thanks for all members who are willing to give some funds for this.

cheers
shentist

[Erlich Bachman]

Right on Ronny!

[liondani]

Maybe it is better to follow/promote OL about LISK trading, since it has the first mover advantage right now, instead of splitting our efforts?



PS Our volume is too low to split it on so much UIAs... Am I wrong?

[openledger]

We are pleased to offer LISK available presale on OpenLedger

OpenLedger is able to offer LISK coins at launch time, and will therefore be putting LISK up for sale on selected markets on the base of the IOU OPEN.LISK

Check it out in full on following thread:

https://bitsharestalk.org/index.php/topic,22197.msg289380.html#msg289380

Welcome to OpenLedger - Smart Trading Decentralized

Ronny Boesing
CCEDK / OpenLedger

We're proud to launch our brand new OpenLedger promo.
It's called "OpenLedger - You are in Control"
Watch it here :

Click the image to watch the video !

If you have not yet opened an account, now is the time.  Just follow the "Get Started" video (Tutorial #1) below for the best first-time experience. Welcome.

Check out our new tutorial video on our YouTube channel!

PS: Most likely our newest Tutorial Video #3 ("Depositing BTC on OpenLedger") will be released tomorrow.

[liondani]

What about to put the collateral max at  3 times the "original" price?   (don't forget that the "original" price is probably overvalued)


PS  "Original" price = 0.0075 BTC http://coinmarketcap.com/currencies/lisk/

[liondani]

this are some funds :D

0.005 will give LISK a market value of 210.000.000 USD so 1/3 of Ethereum. Personally i would say this is much to high, but we will see how the people will value the LISK.

2. How big should the collateral be?
- not to small and not to big. i am really tight with funds right now, so what about 5 time the original value? So, if i did the math correct for every 1LISK we need 0,0002 BTC in collateral or the every other bitshare asset as bitUSD etc. or OPEN or META assets as collateral. If you are not comfortable with the collateral ratio just cut some of your contribution.

If you think lisk value is 0.005 BTC(sic!) then 5 times for the collateral is 0.025 BTC per lisk not 0.0002 BTC as mentionned.... Except I am missing something.
So please let us know how much exactly should be the collateral and for which exactly supposed price of lisk, so we can re-decide the exact number of lisk we can really constribute.
Because personally I can't right now offer 15 BTC (!) collateral for my 600 LISK...

[CLains]

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

5. liondani: 600

6. tarantulaz 675

7. Erlich Bachman 2000

8. CLains 3000

How about using 5% of the total funds to set orders at 0.001, 0.002, 0.003, 0.004, 0.005, 0.006 and so on to find the correct price? Just a suggestion. I trust you don't sell it out too cheap.

[Shentist]

this are some funds :D

0.005 will give LISK a market value of 210.000.000 USD so 1/3 of Ethereum. Personally i would say this is much to high, but we will see how the people will value the LISK.

1. If ronny doesn't want this auction on OPEN.LISK i will still create a new coin for it and will exchange it later manually in "real" LISK. Donwside is, that after the auction, the bidders are not on our platform. So i ronny or openledger is willing to take our word and collateral i think it would be best if he supports us on the OPEN.LISK pair (we would need to get some of this funds and openledger will get the LISK from us later)

2. How big should the collateral be?
- not to small and not to big. i am really tight with funds right now, so what about 5 time the original value? So, if i did the math correct for every 1LISK we need 0,0002 BTC in collateral or the every other bitshare asset as bitUSD etc. or OPEN or META assets as collateral. If you are not comfortable with the collateral ratio just cut some of your contribution.

3. we are still looking for trusted people in the community to hold the collateral. I like the idea that this should be people who didn't contributed Lisk at all.

The contributors right now are:

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

5. liondani: 600

6. tarantulaz 675

7. Erlich Bachman 2000

[onceuponatime]

I'll pitch in 2,000

better late than never, right?

It would make it easier for Shentist (and others) to keep track of this at a glance if you followed his OP suggestion to copy the list and add your contribution to it.

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

5. liondani: 600

6. tarantulaz 675

[EstefanTT]

What is offering wave ? I don't see the innovation. I would buy some and contribute to this DEX volume thing if it's worth invest some bucks. Anyone has an opinion on wave ?

Sent from my SM-G900F using Tapatalk

Wave is a trust based UIA exchange like Ripple that promises some big name partners and slick GUI wallet with the DEX ability of BTS.  Since they only trade asset backed UIA's, it will be a great place to promote bitGOLD, bitRUB etc.  In other words, it will make a great sidechain.

It seems, like nobody wants to compete in the smartcoin market. So let's promote our niche!

Thanks ! Very valuable explanation ! I'll probably buy some tomorrow.

I like the projects with BitShares synergies potential ;)

Sent from my SM-G900F using Tapatalk

[Erlich Bachman]

What is offering wave ? I don't see the innovation. I would buy some and contribute to this DEX volume thing if it's worth invest some bucks. Anyone has an opinion on wave ?

Sent from my SM-G900F using Tapatalk

Wave is a trust based UIA exchange like Ripple that promises some big name partners and slick GUI wallet with the DEX ability of BTS.  Since they only trade asset backed UIA's, it will be a great place to promote bitGOLD, bitRUB etc.  In other words, it will make a great sidechain.

It seems, like nobody wants to compete in the smartcoin market. So let's promote our niche!

[tonyk]

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

5. liondani: 600

6. tarantulaz 675

Changed my mind. the correct list is above.

[EstefanTT]

What is offering wave ? I don't see the innovation. I would buy some and contribute to this DEX volume thing if it's worth invest some bucks. Anyone has an opinion on wave ?

Sent from my SM-G900F using Tapatalk

[tarantulaz]

As I mentioned above, I want to contribute 675 Lisks. I would be more than happy to join, if there was a committee of at least 5 members 'controlling the fund', including people who won't contribute any Lisk i.e ByteMaster, Xeroc etc.

I think that 0.005/Lisk is a relatively good price, however I wouldn't say no to people who would be willing to pay more. In my opinion Bloombit's and YoBit's prices are probably fake and they are way above Lisk's value.

I would suggest that we sell the LiskAsset to a few people only (i.e 4-5 people),  so that the distribution is easier and it is more like an auction rather than selling the asset on the DEX.

I would also suggest to avoid using an IOU, like MetaExchange BTC. After what happened to Shapeshift, I would highly recommend avoiding it. Holding a BTC IOU for more than 2 weeks is risky. Holding it even for more than a day is risky... And for once, why not use BitUSD or BitBTC, even if we pay the spread to get out after the auction? It is our own product...


I am going to join the Wave ICO as well and I would be more than happy to arrange something before the Wave ICO is over, so that we can be the first community to offer an ICO IOU on a decentralized trading platform.

P.S It was unfortunate for waves that the Lisk launch changed as they wanted to start their pre-sale when people could 'cash out' their Lisks.

[puppies]

Where are you planning on selling this asset?  I would suggest a uia.BTC asset.  It will make it easier to gain new users if they don't have to to get their hands on an MPA.

[tarantulaz]

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

5. liondani: 600

6. tonyk: 1000
up to 50,000*
(*@ min price 0.015 BTC/Lisk)

7. tarantulaz 675

[Empirical1.2]

i would like that we could setup an escrow account and the community members who are willing to send their Lisk could send some bitshares assets as colleteral for their promise that they will send the Lisk.

How much collateral per Lisk?

[Erlich Bachman]

I'll pitch in 2,000

better late than never, right?

[liondani]

Contributer: LISK

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

5. liondani: 600

[Shentist]

Just saw this thread, but created OPEN.LISK for Ronny earlier today to allow pre-sale trading.

if openledger does not spend own funds to kickstart this market, we could do the auction on OPEN.LISK/OPEN.BTC

with this said if ronny wants to do it on his market i would charge 1% for my time. If openledger is not paying this, i would
take it out of the collected rewards from the contributors. This will lessen the wins for the contributors.

so keep posting your LISK you want to contribute :D

[bitimaru]

Just make it available...

I've lurking the bts community for a long time...
I Own several thousand k  BTS , because I believe in the power of the bitshares technology...

What amaze me is  that the trade have such low volume... !!
You guys need a campaign to bring in traffic!!

Taking the LISK opportunity seems great to me.

[liondani]

Just saw this thread, but created OPEN.LISK for Ronny earlier today to allow pre-sale trading.

We should coordinate and use only one of them OPEN or META, not both...no?
From the other side it would give arbitrage opportunity inside the DEX...  ;)

[dannotestein]

Just saw this thread, but created OPEN.LISK for Ronny earlier today to allow pre-sale trading.

[bitimaru]

You know what?

Doing so before any 'CENTRALISED EXCHANGE' will make BTS/OPENLEDGER really rocket with this. Some manpower should be set on this!

PASS THE WORD!!!

(too bad I don't have any LISK)

[llildur]

Contributer: LISK

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

[Pheonike]

Contributer: LISK

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

[onceuponatime]

Contributer: LISK

1. shentist : 2.000

2. onceuponatime: 1000

[Shentist]

Contributer: LISK

1. shentist : 2.000

[Shentist]

i missed this post https://bitsharestalk.org/index.php/topic,22035.0.html and i like the idea to make an auction form @Erlich Bachman

i invested something in Lisk, too and to get some exposure from this ICOs i like the idea!

i will create an asset to make this happen and i will contribute 2000 Lisk for this auction.

i would like that we could setup an escrow account and the community members who are willing to send their Lisk could send some bitshares assets as colleteral for their promise that they will send the Lisk.

if you are willing to send some Lisk just post here how many.

i think we should start with the auction offer and promotion on Thursday and the auction will ending before the official start of the Lisk blockchain.

so for this crowdsale to make it fast, we will do it this way

1. post how many Lisk you will contribute for the auction. (ADD your LISKS to the contributers before you post the whole list again)
2. we will decide on Thursday/Friday if we will do the auction
3. if yes, we should setup a community account of 3-5 people who are in charge of the collateral
4. we need to promote the auction outside of bitshares

So, the idea is that people of our community contribute some LISK into an auction fund. The pair we would buy the LISK would be LISKasset/METAEX.BTC.
The collected fees for using METAEX.BTC will be enough to compensate for the time i put into this idea.
on a specific day we will buy all the offers from the internal exchange as many LISK we got promised. After the LISK chain is live, the LISK will be
send to my account and i will manually send to each buyer the LISK they own.
(better would be if monsterer could make LISK as a bridge available, but right now he is really tight with Reallife business so he has no time to do it right now)
- after all transactions are settled the contributers will get the collateral back and the earned funds for the sold LISKs.


I will do the same for WAVE, so everyone who is interested in this promotion idea, should consider to invest some funds in WAVE on 12th and chip in some funds.

cheers
shentist