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Offline BldSwtTrs

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Is Bitshares a brand?
« on: August 23, 2014, 08:57:36 AM »

Hi,

I am writing a blog post in French about I3, DAC, BitsharesX, etc., and for the sake of precision I just want to know what exactly is Bitshares?
Is it a trademark registered by Invictus or something that every body can use?

Offline xeroc

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Re: Is Bitshares a brand?
« Reply #1 on: August 23, 2014, 09:02:37 AM »
I see BitShares as an ecosystem ... containing several blockchains .. not just BitSharesX
As far as I know you are good to go and can use the name for an article. ... when it comes to releasing a chain within the BitShares Ecosystem I am sure you will need community approval (consensus) that your chains is alligable to use the name ;-)

From the FAQ @ bitshares.org:
Quote
What are BitShares?
BitShares is the brand of a community of independent Distributed Autonomous Company (DAC) developers. A DAC is a free market company whose shares can be transferred from person to person over the internet without any third party brokers. A DAC is not a legal entity or person like traditional companies, but exists entirely as a decentralized transaction ledger maintained by a network of individual computers owned by regular people all over the world.

and it is written "BitShares" with a capital S in the middle ;-)
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline luckybit

Re: Is Bitshares a brand?
« Reply #2 on: August 24, 2014, 12:24:29 AM »
Hi,

I am writing a blog post in French about I3, DAC, BitsharesX, etc., and for the sake of precision I just want to know what exactly is Bitshares?
Is it a trademark registered by Invictus or something that every body can use?

It's a community, brand and ecosystem.
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Offline cass

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Re: Is Bitshares a brand?
« Reply #3 on: August 24, 2014, 12:42:11 AM »
Quote
It's a community, brand and ecosystem.
  +5%

BitShares is a Trademark.

The toolkit developed by BitShares is open source! You can use BitShares / BitSharesX logos etc. for news/press purposes.
If you need something media/gfx related don't hesitate to contact us at press@bitshares.org or drop me a PM for logo etc.

c
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Offline donkeypong

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Re: Is Bitshares a brand?
« Reply #4 on: August 24, 2014, 03:11:51 AM »
I would say a new industry, product line, or ecosystem.

Offline G1ng3rBr34dM4n

Re: Is Bitshares a brand?
« Reply #5 on: August 24, 2014, 03:20:26 AM »
When I think of BitShares I consider it to be a technology platform & toolkit.


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Offline tonyk

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Re: Is Bitshares a brand?
« Reply #6 on: August 24, 2014, 03:26:00 AM »


I consider BitShares a vision.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline xeroc

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Re: Is Bitshares a brand?
« Reply #7 on: August 24, 2014, 09:36:08 AM »
For me the BitShares Brand stands for an ecosystem of several DACs each having their own blockchain(s) based on the toolkit
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline BldSwtTrs

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Re: Is Bitshares a brand?
« Reply #8 on: August 24, 2014, 10:46:10 AM »
But what prevents someone to launch a coin whithout having used the toolkit and calls it "BitShares ABC"?

What will happens if that occurs?

Offline cass

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Re: Is Bitshares a brand?
« Reply #9 on: August 24, 2014, 11:03:19 AM »
But what prevents someone to launch a coin whithout having used the toolkit and calls it "BitShares ABC"?

What will happens if that occurs?

Then he'll lanuch his DAC without accpeting social consensus and last but not least, without support form our complete community.
I would thinking, if you don't accept the SC then you aren'T allowed to use BitSharesTM name for you company... pls correct me when i'm wrong with this..
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Offline Stan

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Re: Is Bitshares a brand?
« Reply #10 on: August 24, 2014, 12:13:24 PM »
But what prevents someone to launch a coin whithout having used the toolkit and calls it "BitShares ABC"?

What will happens if that occurs?

Then he'll lanuch his DAC without accpeting social consensus and last but not least, without support form our complete community.
I would thinking, if you don't accept the SC then you aren'T allowed to use BitSharesTM name for you company... pls correct me when i'm wrong with this..

Yes, the BitShares brand is an indication of compliance with the Social Consensus.
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 BldSwtTrs

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Re: Is Bitshares a brand?
« Reply #11 on: August 24, 2014, 03:18:47 PM »
But what prevents someone to launch a coin whithout having used the toolkit and calls it "BitShares ABC"?

What will happens if that occurs?

Then he'll lanuch his DAC without accpeting social consensus and last but not least, without support form our complete community.
I would thinking, if you don't accept the SC then you aren'T allowed to use BitSharesTM name for you company... pls correct me when i'm wrong with this..

Yes, the BitShares brand is an indication of compliance with the Social Consensus.
But what would happen if someone who doesn't comply with the Social Consensus decide to use the BitShares brand anyway?

Offline Stan

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Re: Is Bitshares a brand?
« Reply #12 on: August 24, 2014, 04:27:38 PM »
But what prevents someone to launch a coin whithout having used the toolkit and calls it "BitShares ABC"?

What will happens if that occurs?

Then he'll lanuch his DAC without accpeting social consensus and last but not least, without support form our complete community.
I would thinking, if you don't accept the SC then you aren'T allowed to use BitSharesTM name for you company... pls correct me when i'm wrong with this..

Yes, the BitShares brand is an indication of compliance with the Social Consensus.
But what would happen if someone who doesn't comply with the Social Consensus decide to use the BitShares brand anyway?

The resulting uproar from this community would cause them to quickly drop off the front page of coinmarketcap to the Graveyard of Forgotten Coins where there would be wailing and gnashing of teeth.

 :)
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 BldSwtTrs

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Re: Is Bitshares a brand?
« Reply #13 on: August 24, 2014, 05:19:31 PM »
But what prevents someone to launch a coin whithout having used the toolkit and calls it "BitShares ABC"?

What will happens if that occurs?

Then he'll lanuch his DAC without accpeting social consensus and last but not least, without support form our complete community.
I would thinking, if you don't accept the SC then you aren'T allowed to use BitSharesTM name for you company... pls correct me when i'm wrong with this..

Yes, the BitShares brand is an indication of compliance with the Social Consensus.
But what would happen if someone who doesn't comply with the Social Consensus decide to use the BitShares brand anyway?

The resulting uproar from this community would cause them to quickly drop off the front page of coinmarketcap to the Graveyard of Forgotten Coins where there would be wailing and gnashing of teeth.

 :)
OK thanks for that answer. :)

Btw LottoShares has honored the Social Consensus but still doesn't use the brand BitShares as far I know, why is that?

Offline donkeypong

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Re: Is Bitshares a brand?
« Reply #14 on: August 24, 2014, 05:34:49 PM »
They get to keep as much as 80% with the Social Consensus and they get a built-in community of users, developers, boosters, investors, supporters. That takes time and great expense to build. When these high tech companies spend $12 Billion on some startup, it's not just the technology they want; it's the user base. The value of the BitShares community is incalculable; it will soon be worth billions.

For a business owner, entering into a financial relationship with a 20% minority investor is standard practice. When that minority investor comes with enough viral power to launch your 80% of the project into one of the top crypto-businesses in the world, then it's pretty dumb to ignore that. That 80% is worth magnitudes more than a non-compliant business. For developers/owners who want to do it all themselves, an extra 20% will be worth far, far less. 20% of nothing is still nothing. And that's not counting the negative wave they'll have to overcome when this community blackballs them -- the extra expense and effort of counteracting that bad PR will be a dead weight forever.

When you really think about it, the Social Consensus is a no-brainer.

 

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