BitShares Forum

Other => Graveyard => DAC PLAY => Topic started by: logxing on June 08, 2015, 02:44:38 pm

Title: If you want to become a delegate of DACPLAY
Post by: logxing on June 08, 2015, 02:44:38 pm
You can introduce yourself at http://playtalk.org/index.php?board=13.0.

You can tell people your plan, ability, opinion about PLAY etc.

Or just prove you hold some PLS(by vote yourself).

Every shareholder can be delegate, just let the other people know you more. :)


==========================
BTW: All delegates, exchanges, seed nodes, and other services should subscribe to
http://playtalk.org/index.php?topic=355.0 (http://playtalk.org/index.php?topic=355.0)
Title: Re: If you want to become a delegate of DACPLAY
Post by: Xypher on June 08, 2015, 03:51:03 pm
This looks pretty interesting but with each PLS being valued at 0.01 CNY, I can't help but wonder how the PLS would help pay for anything.
Any disclosures on amount released per month ?
Title: Re: If you want to become a delegate of DACPLAY
Post by: svk on June 08, 2015, 04:23:14 pm
This looks pretty interesting but with each PLS being valued at 0.01 CNY, I can't help but wonder how the PLS would help pay for anything.
Any disclosures on amount released per month ?

It's not using dilution for delegates so the pay is quite low for now but will hopefully increase with higher transaction volume. Current average is around ~1600 PLS per month for the last three months.
Title: Re: If you want to become a delegate of DACPLAY
Post by: Xypher on June 08, 2015, 04:25:41 pm
No offence, but how can anyone run anything for 3 usd.. That's what 1600 PLS is worth currently.
Even with 101 delegates that's just 303 USD :/
Title: Re: If you want to become a delegate of DACPLAY
Post by: Riverhead on June 08, 2015, 04:30:35 pm
No offence, but how can anyone run anything for 3 usd.. That's what 1600 PLS is worth currently.
Even with 101 delegates that's just 303 USD :/

Most businesses do not start out profitable. If you want to share in the rewards you need to share in the risk. I can float the $20/month for the VPS I run my DACPLAY delegate on to help see this thing through.
Title: Re: If you want to become a delegate of DACPLAY
Post by: Xypher on June 08, 2015, 04:33:06 pm
Yes, but tell me how many businesses run on a 20 usd expense sheet on a monthly basis ?
Some busineses burn that in an hour when at scale?
Title: Re: If you want to become a delegate of DACPLAY
Post by: BunkerChainLabs-DataSecurityNode on June 08, 2015, 04:34:44 pm
Hey i will join in too if there is still room

Sent from my SGH-T999V using Tapatalk

Title: Re: If you want to become a delegate of DACPLAY
Post by: Riverhead on June 08, 2015, 04:45:28 pm
Yes, but tell me how many businesses run on a 20 usd expense sheet on a monthly basis ?
Some busineses burn that in an hour when at scale?

The key word there being, "At Scale". If the transaction volume necessitates an increase to the delegate infrastructure (i.e a $20 VPS would get slammed) then it stands to reason that the transaction fees would support this. If they won't then either the fees need to be adjusted or the product will fail.

I don't disagree with you. It currently isn't a very lucrative proposition. I'm just willing to take a short term loss at a bleed rate I can afford.
Title: Re: If you want to become a delegate of DACPLAY
Post by: btswildpig on June 08, 2015, 04:54:26 pm
Yes, but tell me how many businesses run on a 20 usd expense sheet on a monthly basis ?
Some busineses burn that in an hour when at scale?

when there is scale , do you think the price and the pay would still be this low ?
Title: Re: If you want to become a delegate of DACPLAY
Post by: Xypher on June 08, 2015, 04:56:36 pm
Yes, but tell me how many businesses run on a 20 usd expense sheet on a monthly basis ?
Some busineses burn that in an hour when at scale?

when there is scale , do you think the price and the pay would still be this low ?

I meant businesses that are currently in scale, outside the play ecosystem.
I wouldn't want to talk of a hypothetical situation where Play itself is at scale in the future.
Title: Re: If you want to become a delegate of DACPLAY
Post by: Riverhead on June 08, 2015, 05:05:19 pm
Yes, but tell me how many businesses run on a 20 usd expense sheet on a monthly basis ?
Some busineses burn that in an hour when at scale?

when there is scale , do you think the price and the pay would still be this low ?

I meant businesses that are currently in scale, outside the play ecosystem.
I wouldn't want to talk of a hypothetical situation where Play itself is at scale in the future.

I think the difference here is that we're not talking about running a business. We're talking about running a node to support a business that has funding from elsewhere. I am sure their core team has monthly expenses more in line with any other business of its size (commercial leases, payroll, taxes, legal, etc.).
Title: Re: If you want to become a delegate of DACPLAY
Post by: Xypher on June 08, 2015, 05:11:19 pm
Yes, but tell me how many businesses run on a 20 usd expense sheet on a monthly basis ?
Some busineses burn that in an hour when at scale?

when there is scale , do you think the price and the pay would still be this low ?

I meant businesses that are currently in scale, outside the play ecosystem.
I wouldn't want to talk of a hypothetical situation where Play itself is at scale in the future.

I think the difference here is that we're not talking about running a business. We're talking about running a node to support a business that has funding from elsewhere. I am sure their core team has monthly expenses more in line with any other business of its size (commercial leases, payroll, taxes, legal, etc.).

Right. I was talking in perspective of a business at scale (100k users, 25-30 percent month on month growth) working with Play.
Clearly that wouldn't happen via Delegate spots in the current scenario. The way it is right now, the 3 usd is an incentive to run a node. 

Thanks.
Title: Re: If you want to become a delegate of DACPLAY
Post by: logxing on June 09, 2015, 04:24:37 pm
(http://upload.wikimedia.org/wikipedia/commons/f/fa/RonaldWayneMacworld2009.jpg)
This man made a rational decision on April 12, 1976. ;)

We are here because we believe the potential of DAC. :D

We appreciate the support of early DACPLAY delegates.
Certainly we will establish the profit models of delegates and improve the value of PLS.
Title: Re: If you want to become a delegate of DACPLAY
Post by: Riverhead on June 09, 2015, 06:31:30 pm
The way it is right now, the 3 usd is an incentive to run a node. 

Exactly how I look at it. It's like stock options in a start up as compensation vs a salary. Everyone hopes the stock will be worth something some day but it's a risk.