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Offline toast

Pre-allocate share as "Dev DNS"?
« on: March 22, 2014, 01:53:58 AM »

Stan recommended I consider saving money for long-term development. Should there be 1% or 5% or 10% set aside in the genesis block in escrow for development? So an allocation as 'bad' as 45/45/10 AGS/PTS/devs.

Really the only downside is the potential for drama and politics. I think I said "50/50" already elsewhere in the forum. On the other hand, it could also de-politicize things if there is a second fund for development outside AGS, both dedicated to this DAC. Might make it possible to hire more devs full-time exclusively for DNS.

Another way to put it: Would you pay a premium to have this team snowball right now, over a 50/50 AGS/PTS team sometime in the future? How much?
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Offline alt

Re: Pre-allocate share as "Dev DNS"?
« Reply #1 on: March 22, 2014, 02:01:45 AM »
the pts donate to ags can  get shares for bitshares domain.
we can use this for future develop.

Offline santaclause102

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Re: Pre-allocate share as "Dev DNS"?
« Reply #2 on: March 22, 2014, 02:09:37 AM »
Quote
Another way to put it: Would you pay a premium to have this team snowball right now, over a 50/50 AGS/PTS team sometime in the future? How much?
Yes! Whatever you think is efficient to grow AGS/PTS value long tern.

Offline biophil

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Re: Pre-allocate share as "Dev DNS"?
« Reply #3 on: April 05, 2014, 02:27:36 PM »
Will you and Vikram have complete authority over how the funds are spent? If so, then go for it! I like 45/45/10 as much as anything else. The exact split probably doesn't matter much.

I don't want any more of this back-and-forth between toast and Invictus about how much money toast can spend on this. If he's project lead, let him go for it. Waiting for a stamp of approval from Invictus is getting tiresome.

Offline Stan

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Re: Pre-allocate share as "Dev DNS"?
« Reply #4 on: April 05, 2014, 03:10:20 PM »
You will note that Toast is asking you guys, not us, what you think about how he should structure his DAC.

We do appreciate his considering our suggestions along with those of everyone else.

 :)
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Offline sasashui

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Re: Pre-allocate share as "Dev DNS"?
« Reply #5 on: April 05, 2014, 03:27:59 PM »
这道题目好像是说分配的问题。我觉得在第一个DAC还没有看到运行效果的时候,应该按50/50分配,如果前面的DAC成功了,后面再考虑慢慢降低比例。如第二个DAC”45/45/10 AGS/PTS/devs“ ,第三个DAC”40/40/20 AGS/PTS/devs“ .......或者可以给AGS一定的优先,比如“50/45/5%AGS/PTS/devs ” 
« Last Edit: April 05, 2014, 03:47:52 PM by sasashui »

Offline toast

Re: Pre-allocate share as "Dev DNS"?
« Reply #6 on: April 05, 2014, 08:16:53 PM »
这道题目好像是说分配的问题。我觉得在第一个DAC还没有看到运行效果的时候,应该按50/50分配,如果前面的DAC成功了,后面再考虑慢慢降低比例。如第二个DAC”45/45/10 AGS/PTS/devs“ ,第三个DAC”40/40/20 AGS/PTS/devs“ .......或者可以给AGS一定的优先,比如“50/45/5%AGS/PTS/devs ”

To some extent I agree (I think? translate) but XT is already 50/50 and it might be useful for DNS to be proactive about taking a unpopular step while the masses are still mostly understanding
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Offline AdamBLevine

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Re: Pre-allocate share as "Dev DNS"?
« Reply #7 on: April 05, 2014, 08:44:49 PM »
Sounds good to me
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Offline MrJeans

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Re: Pre-allocate share as "Dev DNS"?
« Reply #8 on: April 05, 2014, 09:30:06 PM »
If extra funding is needed to get things going then I say go for it.
It would be a question of allocating shares in the DAC to developers or taking donations like AGS.
There should already be some financial support from AGS though. right?

At this early stage 10% of bitsharesDNS is not priced very high if you look at AGS and PTS prices (which would include shares in DNS and many other DACs). I would do as much as I can with AGS funding allocated and then when the project has gained some ground and people price bitsharesDNS higher, start making offers of DNS shares to developers or sell them to the community. Just my 2c.

Offline Shentist

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Re: Pre-allocate share as "Dev DNS"?
« Reply #9 on: April 05, 2014, 10:26:51 PM »
i would like to see 50/50 as earlier said, but keep 10% of the transaction fees for the deverlopers. i see 2 good points for this split

1. 50/50 you said it already and i don't like to change something it was already said.
2. 10% of the transaction fees will fund the project on the longrun. If the chain is succesful the developers have a source of a steady income and will make a much bigger impact
for a succesful chain.

I think with this kind of solution both partys (investors and developers) will benefit much more.

Offline toast

Re: Pre-allocate share as "Dev DNS"?
« Reply #10 on: April 05, 2014, 10:33:56 PM »
That's the problem, in the long run we have our personal dividends (so dev tx fee % is just a tax) but in the short term is when we need funding

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Offline RobertTian

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Re: Pre-allocate share as "Dev DNS"?
« Reply #11 on: April 05, 2014, 11:23:39 PM »
我觉得预留10%作为开发运营费用,是非常有必要的。希望大家不要目光太短浅

Offline codinat

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Re: Pre-allocate share as "Dev DNS"?
« Reply #12 on: April 05, 2014, 11:26:31 PM »
同意45/45/10这个很重要!

sumantso

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Re: Pre-allocate share as "Dev DNS"?
« Reply #13 on: April 05, 2014, 11:54:10 PM »
Anything which helps it get done fast.

Offline BTSdac

Re: Pre-allocate share as "Dev DNS"?
« Reply #14 on: April 06, 2014, 12:57:19 AM »
Stan recommended I consider saving money for long-term development. Should there be 1% or 5% or 10% set aside in the genesis block in escrow for development? So an allocation as 'bad' as 45/45/10 AGS/PTS/devs.

Really the only downside is the potential for drama and politics. I think I said "50/50" already elsewhere in the forum. On the other hand, it could also de-politicize things if there is a second fund for development outside AGS, both dedicated to this DAC. Might make it possible to hire more devs full-time exclusively for DNS.

Another way to put it: Would you pay a premium to have this team snowball right now, over a 50/50 AGS/PTS team sometime in the future? How much?
I
i  agree to  10%  for  deverlop 
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