Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: Airdrop Ideas  (Read 2537 times)

0 Members and 1 Guest are viewing this topic.

Offline bytemaster

Airdrop Ideas
« on: April 12, 2014, 01:29:14 AM »

A lot of discussion on airdrops has been going on recently and I would like to add a new twist. 

1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap.  This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...

If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored. 

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 ebit

  • Hero Member
  • *****
  • Posts: 1670
    • View Profile
    • 推荐链接
  • BTS: ebit
Re: Airdrop Ideas
« Reply #1 on: April 12, 2014, 01:37:59 AM »
good idea.

Offline gamey

  • Hero Member
  • *****
  • Posts: 2253
    • View Profile
Re: Airdrop Ideas
« Reply #2 on: April 12, 2014, 02:03:38 AM »

I need to find the thread and reread the claiming process works.  Do you get to claim an amount proportional to your balance ?

10 altcoins sounds quite ambitious.  I suppose if you remove premines then we avoid non-bitcoin forks.  I would suggest that if I3 (?) is willing to pay for this work, then you even out the amounts given to each coin a bit.  btc just dwarfs the other communities. 

 One thing I can say about a lot of the altcoin holders is that they're loyal true believers.  Those coins have been on a steady downward trend.  If people have held on to them, then that is the type of loyalty you want. :)
I speak for myself and only myself.

Offline luckybit

Re: Airdrop Ideas
« Reply #3 on: April 12, 2014, 02:07:45 AM »
A lot of discussion on airdrops has been going on recently and I would like to add a new twist. 

1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap.  This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...

If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.

First where will the resources for the airdrop come from? If there must be a dilution of our shares then of course I don't support it. I'm not against the idea of an air drop and I actually wanted something like this to happen all along, but I think perhaps do it more strategically.

I suggest you pick the coins which benefit charitable causes as the top choice. These might not have a lot of volume but it's still got a lot of passionate people.

Also coins like Blackcoin, which might not be important coins but which have active communities who you know will be all over Bitshares and who have the talent for pumping coins up. Also if possible try to give to the more decentralized networks, so I agree with avoiding premined coins unless it's the case that it's for a charitable cause or it's an airdrop coin and there is where exceptions can be made.

The charities would include computing for good (BOINC). This is not typically a Bitcoin thing and that is good because it's important to reach communities outside of Bitcoin and try to get people who are trying to solve real world problems instead of just day traders.

Please be strategic about it. Maybe give some to holders of Ether, Mastercoin, Counterparty as well and give preferential treatment to them and perhaps in exchange for future cooperation.

https://www.computingforgood.org/

I need to find the thread and reread the claiming process works.  Do you get to claim an amount proportional to your balance ?

10 altcoins sounds quite ambitious.  I suppose if you remove premines then we avoid non-bitcoin forks.  I would suggest that if I3 (?) is willing to pay for this work, then you even out the amounts given to each coin a bit.  btc just dwarfs the other communities. 

One thing I can say about a lot of the altcoin holders is that they're loyal true believers.  Those coins have been on a steady downward trend.  If people have held on to them, then that is the type of loyalty you want. :)

Choose the altcoins carefully. If any of us actually are from different altcoin communities for example then we could create threads announcing the airdrop.

I still think in addition to this, someone should set up a mining pool so altcoin miners can get payout in Bitshares when the time comes. That alone along with the airdrop will be excellent marketing because you'll get the miners and long term holders attention.


« Last Edit: April 12, 2014, 02:13:11 AM by luckybit »
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline santaclause102

  • Hero Member
  • *****
  • Posts: 2487
    • View Profile
Re: Airdrop Ideas
« Reply #4 on: April 12, 2014, 02:22:26 AM »
A lot of discussion on airdrops has been going on recently and I would like to add a new twist. 

1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap.  This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...

If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.

First where will the resources for the airdrop come from? If there must be a dilution of our shares then of course I don't support it. I'm not against the idea of an air drop and I actually wanted something like this to happen all along, but I think perhaps do it more strategically.

I suggest you pick the coins which benefit charitable causes as the top choice. These might not have a lot of volume but it's still got a lot of passionate people.

Also coins like Blackcoin, which might not be important coins but which have active communities who you know will be all over Bitshares and who have the talent for pumping coins up. Also if possible try to give to the more decentralized networks, so I agree with avoiding premined coins unless it's the case that it's for a charitable cause or it's an airdrop coin and there is where exceptions can be made.

The charities would include computing for good (BOINC). This is not typically a Bitcoin thing and that is good because it's important to reach communities outside of Bitcoin and try to get people who are trying to solve real world problems instead of just day traders.

Please be strategic about it. Maybe give some to holders of Ether, Mastercoin, Counterparty as well and give preferential treatment to them and perhaps in exchange for future cooperation.

https://www.computingforgood.org/

I need to find the thread and reread the claiming process works.  Do you get to claim an amount proportional to your balance ?

10 altcoins sounds quite ambitious.  I suppose if you remove premines then we avoid non-bitcoin forks.  I would suggest that if I3 (?) is willing to pay for this work, then you even out the amounts given to each coin a bit.  btc just dwarfs the other communities. 

One thing I can say about a lot of the altcoin holders is that they're loyal true believers.  Those coins have been on a steady downward trend.  If people have held on to them, then that is the type of loyalty you want. :)

Choose the altcoins carefully. If any of us actually are from different altcoin communities for example then we could create threads announcing the airdrop.

I still think in addition to this, someone should set up a mining pool so altcoin miners can get payout in Bitshares when the time comes. That alone along with the airdrop will be excellent marketing because you'll get the miners and long term holders attention.

I am not against it. But like you said it should be done purposefully / strategically. Goal/Function: Raise Awareness: What is the best benefit (awareness about III DACs and ideas) per cost (dilution of AGS/PTS) ratio then?

Offline santaclause102

  • Hero Member
  • *****
  • Posts: 2487
    • View Profile
Re: Airdrop Ideas
« Reply #5 on: April 12, 2014, 02:25:42 AM »
Now is Decentralized Application BM?
I am a simple guy...

Offline gamey

  • Hero Member
  • *****
  • Posts: 2253
    • View Profile
Re: Airdrop Ideas
« Reply #6 on: April 12, 2014, 02:28:14 AM »
A lot of discussion on airdrops has been going on recently and I would like to add a new twist. 

1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap.  This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...

If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.

First where will the resources for the airdrop come from? If there must be a dilution of our shares then of course I don't support it. I'm not against the idea of an air drop and I actually wanted something like this to happen all along, but I think perhaps do it more strategically.

I suggest you pick the coins which benefit charitable causes as the top choice. These might not have a lot of volume but it's still got a lot of passionate people.

Also coins like Blackcoin, which might not be important coins but which have active communities who you know will be all over Bitshares and who have the talent for pumping coins up.

The charities would include computing for good (BOINC). This is not typically a Bitcoin thing and that is good because it's important to reach communities outside of Bitcoin and try to get people who are trying to solve real world problems instead of just day traders.

Please be strategic about it. Maybe give some to holders of Ether, Mastercoin, Counterparty as well and give preferential treatment to them and perhaps in exchange for future cooperation.

https://www.computingforgood.org/

There is a large disconnect between bitshares and churches etc.  For the most part, it would be in their interest to find a member and sell the shares back on the market.  Where the shares are scooped up by the same group of guys who'd buy them from miners.  It would make news, but thats about the only upside.  Well, and charities realize the donation.

Strategic means bringing on valued partners.  People who are already in the ecosystem and are past the initial cryptocurrency entry block.  People who will USE the dacs.   Share owners that become DAC users.

Originally I said go with a large portion to BTC and I am still not all that against the idea.  The reason in this.  Out of all the people I led into cryptocurrencies, they all have a BTC wallet and only a BTC wallet.  So I could naturally show them their interest in the world's first DAC.  I can't do this with other cryptocurrencies.  You're going to get people who have just dipped their toes in the water.  Don't think that everyone with a btc wallet has any opinion on altcoins.

One option instead of the claiming system, might be normalizing account amounts and make the shares untradeable.  If they aren't readily tradeable then no market will develop.  THen everyone is locked in.  At some point in the future perhaps make them tradeable, but for now force everyone to hold.

Actually I would support something like the claim system but without the shares being trade-able.  Claimers are then locked in as share holders.   They can't just claim and dump.  Nothing can go wrong with the market price making I3/Bitshares look bad.  People will still be able to buy and sell Bitshares.

Please do not give people the amount proportional to their accounts.  You will end up centralizing ownership, because those with the higher account balances will have far more incentive to redeem their shares than those with lower balances.
« Last Edit: April 12, 2014, 02:30:14 AM by gamey »
I speak for myself and only myself.

Offline jwiz168

  • Sr. Member
  • ****
  • Posts: 409
    • View Profile
Re: Airdrop Ideas
« Reply #7 on: April 12, 2014, 02:34:08 AM »
So let it be done.

As one of bitshare stockholder I hold my rights to reject this idea. A BIG no for me.

Offline Stan

  • Hero Member
  • *****
  • Posts: 2864
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BTS: Stan
Re: Airdrop Ideas
« Reply #8 on: April 12, 2014, 02:46:36 AM »
Just to add a little conceptual DNA, stir the pot and stand back 50 kilometers...

Why not simply give each leading mined coin developer a matching DPOS coin that pays interest and honors them one for one?  (PTS and AGS holders get their 10% out of the as-yet-unmined-and-never-to-be-mined-since-mining-is-dead reserve in each coin for providing the free upgrade.)

Now every coin owner has a copy that shares profits and a copy that doesn't.  Upgrade the whole alt-coin community in one swell foop.  Then let market forces handle the inevitable switchover to the upgrade at whatever pace individual investors choose.

BitShares gift to crypto-owners everywhere.  (As long as we're doing promotional stunts.)

« Last Edit: April 12, 2014, 03:09:08 AM by Stan »
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Stan

  • Hero Member
  • *****
  • Posts: 2864
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BTS: Stan
Re: Airdrop Ideas
« Reply #9 on: April 12, 2014, 02:50:34 AM »
So let it be done.

As one of bitshare stockholder I hold my rights to reject this idea. A BIG no for me.

I don't think anybody is talking about doing this for any chains that have already had their snapshots and are therefore set in genesis block concrete.

This is only a strategy that individual new DAC developers might employ in a thousand innovative ways.

 :)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline jwiz168

  • Sr. Member
  • ****
  • Posts: 409
    • View Profile
Re: Airdrop Ideas
« Reply #10 on: April 12, 2014, 03:16:34 AM »
Just to add a little conceptual DNA, stir the pot and stand back 50 kilometers...

Why not simply give each leading mined coin developer a matching DPOS coin that pays interest and honors them one for one?  (PTS and AGS holders get their 10% out of the as-yet-unmined-and-never-to-be-mined-since-mining-is-dead reserve in each coin for providing the free upgrade.)

Now every coin owner has a copy that shares profits and a copy that doesn't.  Upgrade the whole alt-coin community in one swell foop.  Then let market forces handle the inevitable switchover to the upgrade at whatever pace individual investors choose.

BitShares gift to crypto-owners everywhere.  (As long as we're doing promotional stunts.)


wow nice comparison... exploding one's head.  8)

Offline luckybit

Re: Airdrop Ideas
« Reply #11 on: April 12, 2014, 03:27:07 AM »

There is a large disconnect between bitshares and churches etc.  For the most part, it would be in their interest to find a member and sell the shares back on the market.  Where the shares are scooped up by the same group of guys who'd buy them from miners.  It would make news, but thats about the only upside.  Well, and charities realize the donation.
Marketing is about bridging the disconnect. Bill Gates and Steve Jobs sent computers to schools and libraries allowing people to access the Internet and learn about the personal computer.

Churches and charities live off donations. Endowments are often in the form of stock. Look at how the Gates Foundation does things. I think it's a brilliant idea to give shares to churches and charities. It also gives you the opportunity to reach thousands to millions of people strategically. People go to churches to get free food and clothing, and it would make news.

Strategic means bringing on valued partners.  People who are already in the ecosystem and are past the initial cryptocurrency entry block.  People who will USE the dacs.   Share owners that become DAC users.
I think that is exactly the problem. Always bringing in the same people from the same network is exactly why the network has plateaued. You have to invite new people in who don't know much about Bitcoin or Bitshares but who would be able to benefit greatly from it. The Internet used to be mostly university students until an effort was made to spread it. Microsoft packed a copy of Windows on every personal computer.

Originally I said go with a large portion to BTC and I am still not all that against the idea.  The reason in this.  Out of all the people I led into cryptocurrencies, they all have a BTC wallet and only a BTC wallet.  So I could naturally show them their interest in the world's first DAC. 
People who have BTC will just buy it with their BTC like they do any other altcoin.

I think also a very very small amount of people have BTC out of the people who know about it. Many of those people just got burned because their BTC got stolen.

And now you have the core developers trying to kill altcoins entirely. If anything the alt chains should stick together.

I can't do this with other cryptocurrencies.  You're going to get people who have just dipped their toes in the water.  Don't think that everyone with a btc wallet has any opinion on altcoins.
Bitshares is bigger than cryptocurrency. That is why I said approach churches and charity. It's not enough to just think it's about Bitcointalk. Bitcointalk knows about it already.
One option instead of the claiming system, might be normalizing account amounts and make the shares untradeable.  If they aren't readily tradeable then no market will develop.  THen everyone is locked in.  At some point in the future perhaps make them tradeable, but for now force everyone to hold.
I like the idea of just giving out some AGS. Do it in a smart way though, give it to the right charities, some churches, some unique altcoins, but not Bitcoin. I don't think Bitcoin needs to take value from Bitshares. It should give value to Bitshares.

Give it to Mastercoin, Nxt, and others.
Actually I would support something like the claim system but without the shares being trade-able.  Claimers are then locked in as share holders.   They can't just claim and dump.  Nothing can go wrong with the market price making I3/Bitshares look bad.  People will still be able to buy and sell Bitshares.
I agree with this. Angelshares aren't tradeable and these shares shouldn't be. This way you can give it to charities, churches, anybody who will accept it and they can't trade it until you make it liquid over the years. It gives them a stake in the idea itself just like we have.
Please do not give people the amount proportional to their accounts.  You will end up centralizing ownership, because those with the higher account balances will have far more incentive to redeem their shares than those with lower balances.

I think different blockchains have different purposes. I think start with charity and work your way down. Charity not only is good marketing, it actually has the people who actually need the endowment. I don't want my shares diluted to go to some rich miners who have tens of thousands of stolen Bitcoins.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline amatoB

  • Full Member
  • ***
  • Posts: 62
    • View Profile
Re: Airdrop Ideas
« Reply #12 on: April 12, 2014, 03:29:35 AM »

I need to find the thread and reread the claiming process works.  Do you get to claim an amount proportional to your balance ?

10 altcoins sounds quite ambitious.  I suppose if you remove premines then we avoid non-bitcoin forks.  I would suggest that if I3 (?) is willing to pay for this work, then you even out the amounts given to each coin a bit.  btc just dwarfs the other communities. 

 One thing I can say about a lot of the altcoin holders is that they're loyal true believers.  Those coins have been on a steady downward trend.  If people have held on to them, then that is the type of loyalty you want. :)


If an airdrop is to be undertaken (and I'm not saying it necessarily should be), it should be timed and structured to build suspense, with a countdown like "airdrop commencing in XX days, YY hours, ZZ minutes." That way, it can maximize attention and eyeballs on bitshares as recipients re-visit websites repeatedly over time to monitor the price, learn about the DAC, claim their shares, etc.

Offline donkeypong

  • Hero Member
  • *****
  • Posts: 2331
    • View Profile
Re: Airdrop Ideas
« Reply #13 on: April 12, 2014, 05:22:54 AM »
I love the airdrop idea. The more I've thought about it, this is such a simple, low-risk way to build a buzz and bring others into the Bitshares ecosystem. DACs will never get full community consensus on this idea or how to air-drop, but not everyone will be on board with every decision made...that's life. In an open source world, the out-of-the-gate marketing buzz is so, so important. And I think this gives Bitshares a chance to build quickly. The clock is ticking, though, since this concept is the logical extension of everything we've seen in cryptos so far. If this is not done soon, then someone else will do it and it won't have that edge anymore.

Offline donkeypong

  • Hero Member
  • *****
  • Posts: 2331
    • View Profile
Re: Airdrop Ideas
« Reply #14 on: April 12, 2014, 07:08:30 AM »
This is an interesting list of altcoins by developer activity, community, and liquidity. It might provide an argument for looking beyond pure market cap when deciding who to include. Vertcoin and Auroracoin, for example, are higher than their pure market cap would indicate. Some of these have unique communities with probably less overlap than others.

http://www.coingecko.com/

 

Google+