Welcome on board!
So you don't use SSL for login to server panels?
sounds amazing... You'd have my vote!
To verify:
could you send a tweet to @btsfav with a link to this thread and send an e-mail to askfav@gmail.com ?
Edit: btw, the social buttons at the bottom of you site are blanks
welcome on board ... this sounds awesome ..
Do you offe minecraft servers for which custom made plugins can be run?
@fuzzy !!!!!!
I do not think it makes sense for FreebieServers to get paid for developing a betting interface which they will own and make money with. If the BitShares community pays for such a platform, then the BitShares community should be the owners of the platform, and should share the profits.
Sure, the BItShares community gets exposure out of the deal, but the cost of this exposure should not be confused with the cost of development. I just want it to be clear that the 'highest bidder' for this betting platform is not paying for development, they are paying for exclusive exposure, and the pricing should be expected to be appropriate for this.
Thanks for the prompt and useful answers Freebieservers. You may want to consider holding a http://beyondbitcoinshow.com mumble hangout to talk through your proposal to the BitShares community live. This often helps the idea become established among BTS holders and should help with getting elected. Also having this thread translated into Chinese and posted in the Chinese subforum is another useful action.
So far to me it looks like it could work very well. 5 delegates is a lot though and it will be especially hard to get elected due to concerns of centralising the network too much. Perhaps you could have fewer delegates but be partially funded by BitShares by other means, such as via BitSharesBreakout or another fund.
For the betting platform, as @fluxer555 says, "If the BitShares community pays for such a platform, then the BitShares community should be the owners of the platform, and should share the profits." One option would be doing a crowdfund by creating a UIA and having it listed on metaexchange.
This is an excellent use case for BitUSD and with viral potential, glad to have you here :)
So it cost around a buck per new account for Nxt. So we are looking at around 5000 users a month with 5 delegates each worth just over $1k at current market cap.
What is the upper limit to the amount you would require? When the marketcap increases to 50 million, 100 million or more, what will you do? E.g. You could burn the extra funds or ask us to vote out one or more of your delegates.
If I were you Freebieservers, I would go ahead and ask Riverhead (and Rune) for advise. Riverhead is not only very smart but also has been here with BTS for a damn long time.... so he has insight that few other have. You will not regret listening or following what he has to say.
Ask him why did they chose to go the UIA (user issued asset) path and did not ask for delegate pay for their highly valuable (just like yours potentially Freebieservers) project.
I think there are several distinct aspects here that are getting muddled:
Freebieservers.com has a network and an audience that can be leveraged to advertise our products. It may very well make sense for us to use delegates to pay them to do this.
Apart from this, Freebieservers.com has business needs for which the use of our products (or a competitors) could be very beneficial. I think if they look into it further, they'll find that working with us is in their best interest because our product is superior. Deciding to integrate and use BitShares based on direct delegate sponsored subsidies I think would be shortsighted; they should use the most efficient system available to them with long term sustainability in mind. This relationship should be mutually beneficial without any delegate positions, because BitShares offers both uniquely useful products and more efficient scaling than its competitors.
With go through it later thoroughly (or not), but on first glance seems like another yunbi case. As in since there is the option to get delegate pay, why not make some extra profit?
If BitUSD is beneficial to you alone as a product, then you don't need delegate pay. If you are doing developing work for integration, then part of it can be subsidized by delegate pay provide you make the code open source. If you use funds to make up any conversion shortfall that is also a valid case for asking a delegate.
Regarding payment for ad, our marketing delegates/members can judge better.
...I think there are several distinct aspects here that are getting muddled:
Freebieservers.com has a network and an audience that can be leveraged to advertise our products. It may very well make sense for us to use delegates to pay them to do this.
Apart from this, Freebieservers.com has business needs for which the use of our products (or a competitors) could be very beneficial. I think if they look into it further, they'll find that working with us is in their best interest because our product is superior. Deciding to integrate and use BitShares based on direct delegate sponsored subsidies I think would be shortsighted; they should use the most efficient system available to them with long term sustainability in mind. This relationship should be mutually beneficial without any delegate positions, because BitShares offers both uniquely useful products and more efficient scaling than its competitors.
Like mentioned in the proposal, the delegate pay is an open door for the community to leverage our user reach and promote themselves. The integration will not be a result of subsidies. Any product related decisions are made over time post due analysis of what the tech brings to the table and how it affects our end users.
the idea is good!
if 5 delegates are needed, we should discuss.
maybe it is not possible to get that many in time, so other directions should be considered as well. We have just to think about other solutions.
some questions:
1. when does your new frontend goes live?
2. i am not familar with the term IP. what does this mean and what do you looking into to sell it?
3. in April you are paying your first dividends on the Nxt asset. could you tell something about your expected revenue?
4. i saw you sell stuff on your site for Nxt via PayPal. Great! How much Nxt do you transfer every month and is this increasing?
Thanks
welcome to our community. +5%
but total 5 100% pay rate delegates maybe is a lot, there are only about 30 100% pay rate delegate ,5 delegates is about 17%, and also it take 5% of 101 delegates . yes you are right 5 delegates is`t a big value with now market cap. but compare with other crypto currency , BITUSD have many advantage, it is stable value, fast confirm. active community. I think support bitusd payment would bring you real low payment cost. we can partner.
So you I suggest that you run one or two delegate first step. we would vote you more delegates up after we got a achievement.
Since there is growing concern for 5, we'll be pushing for a vote for 3 delegates, proving ourselves and scaling up from there.
I'd like to point out that we've had a very succesful relationship with other communities and have the kind of inventory required to push something like Bitshares to the masses.
2. I tried to register an account but the faucet doesn't work. Is there some other way I could register the account ?
fbs-delegate1
BTS52fyfVBsT3JDCBMx1NpoHZHzAf2DFhsZbFXzpp2Tt1L5mjUDVF
fbs-delegate2
"BTS5t8jK9PeAaSoLpHsENfsnBiPE21pK315U4L6XeSFF9g8ZfrvAv
fbs-delegate3
BTS8RGR2S53YatY6P3h6MeWoRViNE7gGyZakHE4jUqek5vXLiRuLB
Thanks in advance
I've thought more about this and talked to several BTS stakeholders. Many have the view that integration of BitUSD should be free, because it's beneficial for your business, as a stable crypto that's useful for gamers. BitShares should not have to pay to add a feature to your service, unless its open sourced (as a marketer I can't evaluate the value of that). This is by no means an official view as there is no such thing as 'official' in BitShares, just a view that I have encountered from a number of people.
The advertising on the other hand, that is a separate proposition. Ideally BitShares would have an advertising budget ready and it could then be discussed among the marketers whether we want to attack the gaming industry with BitUSD and build a BitUSD brand among gamers. A decision would then be able to be decisively made and we could start a test campaign, or not, depending on the decision.
What we've got though, is a far less elegant system. If you do get those delegates up and running, by the time they get voted in and accumulate funds months will have passed, and there never would have been a co-ordinated decision by BitShares to attack the gaming industry, just this one random foray, which if it did have a successful immediate return, is likely to fizzle out and require lots more in expenses to maintain the BitUSD brand among gamers (my initial opinion as a marketer). I'm not convinced that stable crypto is of high enough utility among gamers to go viral from one insertion point. I would be glad to test that though with a small campaign after integration.
If you did the integration for free and came back, I would fight for one of the other funds (we do have a couple) to do a test ad campaign on freebieservers, perhaps $500. If it went well I would fight for more, and more if that went well. Generally I don't think advertising budget should go directly to the company BitShares is paying to advertise with, it should come from a fund held by a marketing delegate.
Could you please break down costs of everything in your proposal into dollar amounts so we can evaluate more accurately?
And consider the following question:
Would you integrate BitUSD regardless of getting voted in because it's usefulness brings value to freebieservers?
One thing to keep in mind (I'm talking to everyone here) is that BitShares doesn't have the budget to build a strong brand around it's BitAssets. They have to have enough utility in the given niche to go viral by themselves after insertion. For gaming, I'd imagine integration with popular gaming chat like xfire (do people still use that?) combined with this kind of sponsorship is the way to go. A one-pronged attack isn't enough.
Are those 3 100% delegates already registered?
I've thought more about this and talked to several BTS stakeholders. Many have the view that integration of BitUSD should be free, because it's beneficial for your business, as a stable crypto that's useful for gamers. BitShares should not have to pay to add a feature to your service, unless its open sourced (as a marketer I can't evaluate the value of that). This is by no means an official view as there is no such thing as 'official' in BitShares, just a view that I have encountered from a number of people.
The advertising on the other hand, that is a separate proposition. Ideally BitShares would have an advertising budget ready and it could then be discussed among the marketers whether we want to attack the gaming industry with BitUSD and build a BitUSD brand among gamers. A decision would then be able to be decisively made and we could start a test campaign, or not, depending on the decision.
What we've got though, is a far less elegant system. If you do get those delegates up and running, by the time they get voted in and accumulate funds months will have passed, and there never would have been a co-ordinated decision by BitShares to attack the gaming industry, just this one random foray, which if it did have a successful immediate return, is likely to fizzle out and require lots more in expenses to maintain the BitUSD brand among gamers (my initial opinion as a marketer). I'm not convinced that stable crypto is of high enough utility among gamers to go viral from one insertion point. I would be glad to test that though with a small campaign after integration.
If you did the integration for free and came back, I would fight for one of the other funds (we do have a couple) to do a test ad campaign on freebieservers, perhaps $500. If it went well I would fight for more, and more if that went well. Generally I don't think advertising budget should go directly to the company BitShares is paying to advertise with, it should come from a fund held by a marketing delegate.
Could you please break down costs of everything in your proposal into dollar amounts so we can evaluate more accurately?
And consider the following question:
Would you integrate BitUSD regardless of getting voted in because it's usefulness brings value to freebieservers?
One thing to keep in mind (I'm talking to everyone here) is that BitShares doesn't have the budget to build a strong brand around it's BitAssets. They have to have enough utility in the given niche to go viral by themselves after insertion. For gaming, I'd imagine integration with popular gaming chat like xfire (do people still use that?) combined with this kind of sponsorship is the way to go. A one-pronged attack isn't enough.
Are those 3 100% delegates already registered?
When would you start the promotion? I am thinking about the right time in so far a light wallet and probably a fiat gateway has be fully functional to attract this audience.
Thanks for the quick answer!When would you start the promotion? I am thinking about the right time in so far a light wallet and probably a fiat gateway has be fully functional to attract this audience.
We will really need a light wallet to help us do this in the right manner.
A fiat gateway that can take paypal / debit card will be helpful, yes.
We'll lay the ground works for the promotions over the period of a month since being voted in and can go full in 15-20 days since being voted in.
Thanks for the quick answer!When would you start the promotion? I am thinking about the right time in so far a light wallet and probably a fiat gateway has be fully functional to attract this audience.
We will really need a light wallet to help us do this in the right manner.
A fiat gateway that can take paypal / debit card will be helpful, yes.
We'll lay the ground works for the promotions over the period of a month since being voted in and can go full in 15-20 days since being voted in.
So this means that atm you estimate that BitUSD / Bitasset integrations would not be valuable enough for your business to compensate for the integration?
Or would your delegates more pay for the promotion than the integration of BitAssets as a payment option?
I read your OP again. It really sounds good! Thanks!
The few obstacles I see:
No one has 3 delegates (except btsnow but that is core dev dan notenstein who has a handful of full time devs he pays in poland).
It might be a good idea to scale things up. Starting with the promotion / campaigning of 1 delegate which is dedicated to what you would perceive gives the most bang for the buck (most promotional effect per effort for you) and then adding more delegates if that is successful I think is more realistic.
Then the delegate campaign could also be made more specific so that shareholders can know exactly what will happen when they vote you in in terms of action from your side and have a rough estimate what the effect will be. In contrast: 3 Delegates and a lot of possible promotional possibilities are hard to evaluate.
Related: With the video adds and the sponsored serves you would be a bitshares employee (promotional delegate) and at the same time the employee / owner of where the ad space is bought. This would be a conflict of interest since you are the buyer and the seller of the ads. The lack of a free market gives no indication of a fair price. This though could be easily circumvented if there were standard rates (price and ad volume / size) or if you would make quotes before being elected as a delegate.
Just a few random thoughts :)
I also like the level headed approach (to communication) you take here!
Hey guys,
Our delegate posts are up.
Kindly vote us in
fbs-delegate1
fbs-delegate2
fbs-delegate3
https://docs.google.com/document/d/15buSmol7Fx1nVbI7wgK3UauX281DtSI_9GwWGfldxzY/edit
Sharing the business plan in light of public interest.
Nxt - Case Study
One of our first partner programs was an integration we did with the nxt community in 2014. A total of 6000 dollars was granted in order to attain users for the wallets at mynxt.info . In order to attain this goal, modals educating users about the uses of Nxt were set up on the platform. In addition, the site moved towards using tokens in order to further integrate the system into the user experience on the site.
Campaign lasted 3 weeks time frame
10,000+ wallet sign ups
25 percent of the users used the wallets for transactions
Observable hike in number of transactions
Single most effective Ad Campaign by the Nxt Team
Per sign up charge, as low as .60 cents, in comparison with industry average of 12 USD
This seems like a great idea!
I've skimmed through it and from what I can tell:
You host free game servers in exchange for users viewing a 2 minute add before playing the game and you incorporate lots of unobtrusive adverts to fund it.
You also host occasional in game votes. The users participate in A/B testing, and advertisers can see how their products are perceived in an anonymous way that is of benefit to the end user.QuoteNxt - Case Study
One of our first partner programs was an integration we did with the nxt community in 2014. A total of 6000 dollars was granted in order to attain users for the wallets at mynxt.info . In order to attain this goal, modals educating users about the uses of Nxt were set up on the platform. In addition, the site moved towards using tokens in order to further integrate the system into the user experience on the site.
Campaign lasted 3 weeks time frame
10,000+ wallet sign ups
25 percent of the users used the wallets for transactions
Observable hike in number of transactions
Single most effective Ad Campaign by the Nxt Team
Per sign up charge, as low as .60 cents, in comparison with industry average of 12 USD
If a similar campaign was conducted for BitShares you would collect referral fees for those 10k users you signed up, and additional active-user fees for the 25% who continued to use bts. This means that there is no reason for the bts 'campaign' on your platform to be limited to 3 weeks as you are financially rewarded for bringing us more customers!
The full details of the referral program aren't public until sometime in June. But I'd guess you'd have earned a few thousand bts for the 10k sign-ups, and perhaps another few thousand for every transaction the 25% active users make.
If there is a specific product that BitShares can offer to target Freebieservers' users, then the financial reward could be quite substantial for all involved.
The BitShares voting functionality may also be useful for providing advertisers with product polling.
Issuing a UIA would also allow you to retain control over your digital assets whilst at the same time gaining access to the BitShares ecosystem and the potential customers that use it.
NOTE: I'm not sure how much Freebieserver's knows about BitShares but I think it is useful to have this kind of information on public display for other potential business partners to see.