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Offline bytemaster

Decentralized Autonomous Charity
« on: April 03, 2014, 06:00:39 AM »

Rebranding Lotto + Bingo in a way that will grow garner positive press ( I hope ). 

http://107.170.30.182/charity/

This would be a for-profit charity... it makes money while helping charities.... good for all.
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Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline onceuponatime

Re: Decentralized Autonomous Charity
« Reply #1 on: April 03, 2014, 06:09:02 AM »
" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Offline bytemaster

Re: Decentralized Autonomous Charity
« Reply #2 on: April 03, 2014, 06:10:08 AM »
" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.   
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline onceuponatime

Re: Decentralized Autonomous Charity
« Reply #3 on: April 03, 2014, 06:20:34 AM »
" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.

So is this a new "family" of DACs (ChARITY)\? Something separate from bitsharesLOTTO and other gaming DACs? That I can see great potential for, as fundraising for any number of charitable/social projects. Then any group wanting to raise funds would be making employing the software (kind of like the little old ladies you spoke of renting bingo equipment from a for profit game company).

But the charitable DACs should b e separate from other gaming DACs in my opinion to prevent negative press.

Offline bytemaster

Re: Decentralized Autonomous Charity
« Reply #4 on: April 03, 2014, 07:54:08 AM »
" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.

So is this a new "family" of DACs (ChARITY)\? Something separate from bitsharesLOTTO and other gaming DACs? That I can see great potential for, as fundraising for any number of charitable/social projects. Then any group wanting to raise funds would be making employing the software (kind of like the little old ladies you spoke of renting bingo equipment from a for profit game company).

But the charitable DACs should b e separate from other gaming DACs in my opinion to prevent negative press.

Yes, they may share a lot of code, but their marketing and some of the details will be different.   IE: gambling DACs would probably provide higher yields for the gamblers than the charity version.   I expect competition to drive the house advantage to near 0.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline betax

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Re: Decentralized Autonomous Charity
« Reply #5 on: April 03, 2014, 02:02:38 PM »
Excellent bytemaster  +5%. Even if is 15% is for charity.
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Offline betax

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Re: Decentralized Autonomous Charity
« Reply #6 on: April 03, 2014, 02:16:34 PM »
When you go to NYC present your idea to Stephanie Murphy from Let's Talk Bitcoin who is also part of Fr33, they could point out good charities / causes and help promote the idea.
« Last Edit: April 03, 2014, 02:23:13 PM by betax »
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Offline CLains

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Re: Decentralized Autonomous Charity
« Reply #7 on: April 03, 2014, 02:50:02 PM »
We are trying to spread the gospel - good news with charity!

Positive awareness  +5%
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Offline Amazon

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Re: Decentralized Autonomous Charity
« Reply #8 on: April 03, 2014, 06:06:18 PM »
I saw Bingo is listed in Gaming, 

http://107.170.30.182/gaming/

I think Lotto and Bingo belongs to both Charity and Gaming?
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Offline bytemaster

Re: Decentralized Autonomous Charity
« Reply #9 on: April 04, 2014, 02:12:08 AM »
I saw Bingo is listed in Gaming, 

http://107.170.30.182/gaming/

I think Lotto and Bingo belongs to both Charity and Gaming?

The difference between them is in how the jackpot is divided.  In the gaming version 0% is allocated to charity. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline Empirical1

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Re: Decentralized Autonomous Charity
« Reply #10 on: April 04, 2014, 03:40:27 AM »
" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.

I disagree on this one, marketing a for profit charity as just a 'charity' will be received negatively, perhaps doubly so as it's not really a for profit charity either but a normal business that gives a percentage of its revenue to charity.


Offline bytemaster

Re: Decentralized Autonomous Charity
« Reply #11 on: April 04, 2014, 04:32:13 AM »
A business that has the potential to grow can give more to charity than a non-profit system....
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline betax

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Re: Decentralized Autonomous Charity
« Reply #12 on: April 04, 2014, 05:31:21 AM »
just collect a sizable donation with this tool,then donate it to Bill gates and M's fund,

you'll have a big story to tell.  3i,bill gates in the same line,wow,that's some attention.

Bill and Melinda's is a great foundation, it should be in the list. I would not use charity as a means of attention, but as a means for.. charity. That way it will get the attention it deserves, if not the thought will be corrupted from start and lead to failure.
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Offline puppies

Re: Decentralized Autonomous Charity
« Reply #13 on: April 04, 2014, 06:44:35 AM »
" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.

I disagree on this one, marketing a for profit charity as just a 'charity' will be received negatively, perhaps doubly so as it's not really a for profit charity either but a normal business that gives a percentage of its revenue to charity.

I agree.  I work at a rather large national corporation.  We give millions to charity every year, and yes we talk a lot about it, but we don't call ourselves a charity.
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Offline puppies

Re: Decentralized Autonomous Charity
« Reply #14 on: April 04, 2014, 06:46:31 AM »
A business that has the potential to grow can give more to charity than a non-profit system....

I agree however most Americans still believe that stealing peoples money is okay as long as you intend to do something nice with it.  Taxes/Welfare.
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