[proposal] pre-XT release aka a testnet for bitshares XT with 'fair' distr.

[bytemaster]

Good point.  I was kind of half joking, but wanted to make a point about who we are targeting - we want people with big numbers on their BANK statements, not their doge wallets. Doge crowd is not the target market for what Bitshares X is offering, bitcoin maybe, wall street definitely.

Perhaps... what you really want is attention / mind share.   People with big BANK statements pay very high premiums for eyeballs.

[xeroc]

full ack

[sschechter]

Good point.  I was kind of half joking, but wanted to make a point about who we are targeting - we want people with big numbers on their BANK statements, not their doge wallets. Doge crowd is not the target market for what Bitshares X is offering, bitcoin maybe, wall street definitely.

[xeroc]

How you wont do acctually achieve that? Wanna visit tgem? Cryptocurrencies can redeem their shares via privkey..

[sschechter]

How about we skip the dodgecoin kids and give out shares to registered hedge funds instead?

[xeroc]

Plus, as new algorithms and api calls are needed for btsX trading you could really use a testnet for testing purposes and not fuck up our own portfolio .. we all know how dangerous programming errors in bots may become!

[davidpbrown]

If you value something, you don't give it away for free and at random?.. Who has money to burn?? Gifting might be associated with cheap alt-coins.
For sure invest in promotion and activities that stimulate interest but I wonder that gifting to people who likely won't fully appreciate it at that time, looks odd to those who witness that and those who reflect on it.


I think having a testnet wide open and avaliable for people to dip their toe and play around; to give them confidence, is a very good idea.. not just initially pre-anything but perpetually. That could be a sandbox for any changes or following innovations too.. catch the same crowd many times and reduce the work on each occasion getting people engaged.

[JA]

my intention is nothing more than let others test the power of bitshares easily withouth the hidlhadl of buying or begging for testshares/testcoins

The idea of giving a 1%(?) share of XT to all btc owners is also a nice idea but might result in a dumping of coins much like what happend to memorycoin

i would be fine even with 5% to btc holders
just for the network effect and with the message that bts is not just a altcoin

[xeroc]

my intention is nothing more than let others test the power of bitshares easily withouth the hidlhadl of buying or begging for testshares/testcoins

The idea of giving a 1%(?) share of XT to all btc owners is also a nice idea but might result in a dumping of coins much like what happend to memorycoin

[CLains]

Good idea! We should have tons of ideas like this.

[xeroc]

Hey there,

reading through
https://bitsharestalk.org/index.php?topic=4107.0
it just came to my mind that we can attract alot of people by releasing a testnet (as in traditional coins -- not to be mixed up with bitshares xT!)
The initial distribution of the testnet (as it should also be based on dPOS) could be snapshotted from an altcoin/bitcoin.
Much like takeing
50% bitcoin
50% dogecoin (just an option)

please discuss!