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Messages - kenCode

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286
If I was a rich guy and wanted to park my money and assets somewhere safe, would I choose the BitShares blockchain? Or would I be a bit skiddish knowing that my assets and such would be visible on cryptofresh.com? Even sending money to people is easily visible.
 
edit: the only features we are going to add to BitShares right now is Stealth (as soon as we can afford it). Stealth is already done for the most part but it just needs an awesome gui plugged in and secure backups (we use IPFS/IPNS now). you want Whales? -give them some privacy.

287
I see nothing wrong with the name BitShares, I'd like to leave it alone. The name itself screams what we do. "bit" saying something to the geeky minded that we are a digital company of some kind and "shares" which says company shares to me. It's a place for businesses to go.
 
Making rash decisions right now because the market cap sits is not a good idea. BitShares Munich is out there (as you can see everywhere) striking up relationships, deals, partners and bringing investors now for marketing and they LOVE our name.

288
at the DAHO.am Developer Conference today.. :)
https://steemit.com/crypto-news/@kenCode/bitshares-munich-now-at-daho-am-developer-conference
 
ps: sorry about the broken steemit link..

289
Thank you for the summation Ken.  Some sort of prospectus that we could hand out and point investors to would be very helpful.  This would take a lot of the initial unkowns out of the equation.

I'm a large holder in OPENPOS and from what I can tell we will be getting 50% of all fee's from the POS terminals.  I'm assuming Echo will be keeping the other 50%.  Getting a stake in the company is definitely an added incentive to accumulate OPENPOS.  Referring to OPENPOS as "donations" though is going to be a turn off for many people.  I know there is probably some legal reason for this, but it puts doubt in the back of an investors mind that Echo has an easy out to stop all buybacks of OPENPOS and keep 100% for themselves.  I'm not saying you guys would do that, but bitshares holders have been bitten by this several times before.

All in all the project seems to be going good, and some enhanced clarity of and some more promotion should see the OPENPOS token grow

Yeah, we have to be careful with the terms that we use as we cannot give legal or financial advice. If an Odoo system charges 0.9% per transaction then OPENPOS holders get 0.6% of that which is actually higher than the 50% you mentioned.
 
As I/we know more and can get the legal stuff done, Chris will be posting that financial data here. We can't afford it just yet, but over the next couple months when the vc deposit is made then we will have the money to get that new stuff written up and published here asap.
 
Without the OPENPOS token, we never would have made it this far, so thank you to all who have it! Thank you to all who are helping us to launch into this next phase, it's time to Market these products now and develop many more.
 
As usual, I will keep posting updates here to the forum, youtube videos, and now to steemit.com as well..

290
What happened to delulo?
@xeroc @btswolf @mindphlux
 
This Hackathon is going to be HUGE and would be even better than a Meetup to show off Bitshares' technology.
 
Can one of you guys hook up with us there? Maybe someone from CH, PL or even CZ regions could come out for this event??

291
General Discussion / Re: Please vote chris4210 for Committee
« on: June 02, 2016, 07:15:57 pm »
WOOHOO 200mil so far!
http://cryptofresh.com

292
OPENPOS has been hugely successful! We managed to create 5 different products so far!

 
Smartcoins POS has been renamed to BlockPOS and that thread can be found here:
https://bitsharestalk.org/index.php/topic,22576.0/all.html
 
..and on Steemit.com:
https://steemit.com/crypto-news/@kenCode/ann-blockpos--the-app-that-allows-any-business-to-accept-any-crypto-currency-at-zero
 
Please consider the OPENPOS token (just PM @Chris4210 for details) so that you can share in the rewards now that Chris and Rodrigo are about to kick off our Marketing. Don't miss out!

293
fyi, I have posted a few articles on steemit in hopes of raising awareness and some steem dollars to help us through the next few months, please take a look and Upvote if ya can :)
 
https://steemit.com/@kenCode
 
edit: sorry about the broken steemit link

294
Chris, me, Rodrigo, JP and Martin at yesterday's investor conference here in Munich..
edit: (Leopold was holding the camera)

Awesome! What was the investor conference about exactly? What was the audience? Did you guys make a pitch for Bitshares?

We are now going to secure some more funds for marketing Bitshares, BlockPOS, Stealth, Graphene-IPFS, ECHO and a slew of other projects we are doing. I think 8 different VC firms showed up yesterday from around the world.
 
The BitShares Munich team is growing fast, lots of amazing talent with us now. They will take a stake in our private projects just like OPENPOS holders get, but it is worth it to me since we are now ready to unleash a few of our products to the public. We need to push the marketing HARD now and dominate the crypto space. Everyone will know about Graphene soon.
 
If you haven't started a Meetup group in your local town yet, NOW is the time!!!
https://secure.meetup.com/create/

Sounds like things are going well and moving fast Ken.

Couple questions I have, who are "they" that will be taking a stake in your private projects?  Are the VC's or new team members?  How will they be taking a stake, by investing in OPENPOS?  Are these private projects still part of the OPENPOS investment?

Thanx @lil_jay890
Originally, we were just going to build a wallet and integrate with Odoo, but I managed to build 4 products instead of 2. :)
 
I think with all of the products that we are launching, systems that we are integrating with, things that we are bolting on to Bitshares and so on that we need to raise substantial capital and actually go public. It only makes sense to give OPENPOS holders a bigger stake than we had originally planned because without you guys we never would have been able to create these first four products (BitShares Wallet, Smartcoins POS for Odoo, standalone POS (runs on any android device), and now the Smartcoins Wallet (native android). I don't want to just market to individual stores or chains, I want to market Bitshares and our products to the world now. We're ready. Bitshares is ready.
 
So, the VC's we have been talking to (at least 60% of them so far, various meetings over the last month) are absolutely stoked about what we have built, are currently building and our vision for future products and BlockPOS integrations. They would not have come all the way here to Munich to see us unless they saw value.
 
Right now, it's just Chris (CEO), Rodrigo (CMO) and I. We must keep our overhead as low as possible. We need to raise about $25K to last us for the next 3 months until the paperwork goes thru and we get the first deposit, so if you guys can donate more to the OPENPOS token that would be MUCH appreciated (as you can see, our bitshares-munich account is just about empty now). We still have to order a couple more tablets and counter mounts (these things are $300 each), plus have a couple professional videos produced, design and print localized marketing materials and ads, legal work, get ready for two huge upcoming trade fairs (need booth equipment, handouts, ads, promotional items, etc) and pay my Devs for a few more features that I want added to the BlockPOS systems and the new Smartcoins Wallet before I give them to the public. The VC's have also told us that their marketing departments will push this hard too. They know the decision-makers at Billion dollar retail, vending, gas and grocery chains so this launch is massive, we just need to survive the next couple months until we get the first deposit from them.
 
The VC's want a chunk of ECHO Industries UG (our German company). One of the VC's might even be able to get us traded on the London Stock Exchange.
 
I think OPENPOS holders are ultimately going to get a stake in our company too, but we need to get legal on that (as we can afford it) so that the tokens can be tied to the regular company shares in some way. I am not the finance guy, @Chris4210 handles all of that, but leave him alone for now please, he is swamped with spreadsheets and meetings and until we know more, this is about all I can share right now as I don't know how it will be handed out yet either.
 
So, if that doesn't get you fired up about the OPENPOS token I don't know what will. PLEASE contact @Chris4210 if you'd like OPENPOS as well, this is your last chance.

295
Chris, me, Rodrigo, JP and Martin at yesterday's investor conference here in Munich..
edit: (Leopold was holding the camera)

Awesome! What was the investor conference about exactly? What was the audience? Did you guys make a pitch for Bitshares?

We are now going to secure some more funds for marketing Bitshares, BlockPOS, Stealth, Graphene-IPFS, ECHO and a slew of other projects we are doing. I think 8 different VC firms showed up yesterday from around the world.
 
The BitShares Munich team is growing fast, lots of amazing talent with us now. They will take a stake in our private projects just like OPENPOS holders get, but it is worth it to me since we are now ready to unleash a few of our products to the public. We need to push the marketing HARD now and dominate the crypto space. Everyone will know about Graphene soon.
 
If you haven't started a Meetup group in your local town yet, NOW is the time!!!
https://secure.meetup.com/create/

296
Left to right..
Chris, me, Rodrigo, JP and Martin at yesterday's investor conference here in Munich..

edit: (Leopold was holding the camera)

297
There is a way you can support this and share in the profits generated...

Buy the OPENPOS token on the dex

Bingo, this will help us fund further development and marketing by @Chris4210 and @Rodrigo10
Just PM Chris if you can place a larger order and he can cut you a deal I'm sure.
 
OPENPOS holders get to share in the rewards from the transactions at the POS systems, so in my opinion if you're not looking at it you will be missing out on the opp of a lifetime, seriously, this is huge guys. The meetings that we have had with major players over the last couple weeks is going to kick our development into overdrive and you will be able to finally see what I am really capable of.

298
General Discussion / Re: Bitshares price discussion
« on: June 01, 2016, 04:23:42 am »
Price is not going anywhere without real world adoption.  We should be supporting projects such as this with a worker proposal https://bitsharestalk.org/index.php/topic,22576.0.html

Thank you Brekyrself :)
BitShares Munich is just starting to do marketing (chris and rodrigo) now that we have four Proof Of Concepts complete (and even more features being added). If we can get some big funding then we can bring more liquidity bots online (like we are doing with LiqBot), get BlockPOS integrated with 10-15 more POS systems and market the hell out of this. We have solved every problem that BTC couldn't solve.
 
@everyone - Why is the OPENPOS price so low? Please have more faith in me and my team!

299
you guys need a map too. you know, where stores can show that they accept currency

we did the signs in 44 languages too:
https://bitsharestalk.org/index.php/topic,21754.0.html
plus, BlockPOS is having it's own little logo designed right now, something small like the Cirrus, Star and other networks that you see on the back of your debit cards. I want BlockPOS to be thought of as a network in the same way. if the merchant or vending machine etc accepts crypto, you will see the BlockPOS logo.
 

For something like this, I would have expected a bigger more prominent well planned out launch across media outlets etc.
If it was me, I'd delete this thread, and re-announce with a "major" cross-media announce when the scan feature is ready and after the system has gone through a quiet, private, beta test with some actual retailers who would like to be part of the news release.

Our funds are very limited at the moment, but if we secure an investor then "bigger" is exactly what we will do. I will integrate with at least 10 different POS systems and have mass market media hit around the world all at the same time. Make BlockPOS something that all merchants have heard of and know they need.
 
Fantastic stuff.
So if there are no fees, how do you make an income off the service?

Thank you MrJeans :)
The small network fee is charged to the user, not the merchant:
https://steemit.com/crypto-news/@kenCode/smartcoins-pos-the-free-way-for-companies-to-accept-crypto-currencies
 
Amazing! Any other direction? No just moooooooooooooooonnnnn bts please give me a.mooooooooon time 8)

Thank you bitsharesbrazil :)
Yes, Chris and Ridrigo are out there marketing us (personal, and phone meetings) so that we can ramp this up asap. With a little money I can start integrations of 5 to 10 at a time since the libraries are all coded now. As always I will keep you guys informed of our progress, we need your help too, word of mouth is everything.
 
Awesome job @kenCode

Thank you cylonmaker2053 :)
 

 +5% It's really amazing how efficient you are.

Thank you jakub :)

300
Do you negotiate with any of merchants to use this?

One better. There are Agents that pre-install many different pos systems onto hardware before shipping said hardware to merchants. The software that those manufacturers pre-install include packages like SAP, Shopify, Quickbooks POS and many more. By working with them we will be able to reach many more.

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