Thanks for the feedback.
It is exciting to present solutions to the community.
Ultimately, we felt a worker proposal –and the corresponding business plan- should be all inclusive and self-supporting with all the aspects that are needed to succeed. We think this is a STRENGTH not a weakness of our proposal.
It takes a lot of effort to get a proposal past, so coming back repeatedly for the same project is not appealing. Also sometimes the advice we get is contradictory, I am also sorry that I cannot incorporate all of it.
I believe that in formulating a plan for the community it needs to be the best plan possible with the best chance of being successful. There are some strategic reasons we put the plan together this way.
So we went with a short worker proposal and went into all the details in the 40+ page business plan –I hope it has answered many of your questions. The 100,000 BTS cabinet fee, is included with management in the top budget, it is listed in the cabinet explanation and the business plan. We do have a line legal- which I was hoping we are not going to need to use.
I do like Xeroc’s idea of cutting the proposal down to parts. That is why we did not include and iPhone version in the current proposal. We have several other ideas we have explored in the strategies section of the proposal, but those are put aside for now. We think it is better to prove the concept with Android first.
We wanted a Minimum Viable Product MVP, but one that was fully self-supporting.
Let’s talk about cars…
A car takes four wheels, with only three wheels it does not go so well.
We feel that cutting this plan apart would be like trying to drive a car with three wheels.
Also…
A car also need multiple things. An engine to go, gas in the tank, a drive and people along for the ride.
So our plan has:
*Programing. –the engine that powers the car.
*Marketing. –The gas that makes the car go.
*Contest –Community Involvement & room for passengers.
*Management –Steering, makes sure the car goes the right direction and stays on the road.
Now if this app were a traditional trading app, we could skip the contest, the marketing, market research, and just build an app. Our plan is more complex, like a car is more complex than a motorbike.
Having a comprehensive business plan and we need a comprehensive budget.
We think all parts are needed to be successful.
We think cutting the proposal apart makes it weaker and more likely to fail.
So if it is about the money there are some things to consider.
I do realize that $550,000K is a lot of money. So there are ways to cut down on the budget.
One could easily cut money form the contest. One could have a $50,000 contest instead of a $150,000.
*We felt a bigger contest would get more publicity.
*You will also notice we are spreading prizes widely
*Prize money is distributed to encourage innovation a good thing.
*This is money that is invested into the futures of BitShares. Not money wasted.
Some say an app can be built for less. Yes, that is true. But it is like buying a car. How much should you send on a car? $30,000; $40,000 $50,000. Do you buy a used one or a new one? Do you buy an expensive one of a cheap one? Opinions vary widely.
We approached BitUniverse for a quote. We have seen their work and believe they are a good reliable partner. We think it will be worth it. If someone seriously has a better offer for app development, contact one of the Cabinet Members for consideration. We don’t like the idea of switching development teams, but our responsibility to the community means we need to consider it.
As for marketing, we believe that is really important and something that BitShares has been missing. We need more active users on the BlockChain. While some traditional marketing will needed to be done, we think better results will be obtained with a world class contest and niche marketing.
Getting a worker proposal passed, is hard, cutting up the proposal into pieces means it is multiplying and justifying that work many times over. In order, to get attention in the Crypto Space worker proposals need to be sexy and exciting. Real work in building out a Dex is not always so exciting.
The members behind the cabinet believe in BitShares. We are willing to reformulate this proposal, particularly with commitments from key players the reformulated proposal will quickly pass.
There are couple of more points I would like to make that might help people understand all we went through in creating this plan.
We look at BitShares strategically. Where is it now, what are its strengths what are its weaknesses, how can we create a compelling plan that would be help take BitShares forward.
BitShares has some awesome strengths. SmartCoins, UIA, Fast Block Times and User Friendly Account Names. BitShares has lacked in use, advertising and User Interface.
Let’s talk about use. Even though there are over 1,000,000 accounts, only 140,000 have BTS, only 50,000 have a balance of more than 3 BTS, only 33,000 have traded in the last month and 12,000 trade on a typical day. We need more fundamental use of the blockchain.
Is this a programing proposal with marketing?
Or is this a marketing proposal with programing?
We believe it is a marketing proposal with programming. BTS core strengths are so strong, they do not need improvement. They need people using them. Some development is needed to get it used on mobile.
We need to take BitShares out into the hands of people around the world, so they can experience the power of BitShares. A creative coin contest, will create small deep pockets of heavy use around the world. Organizations, can then market BTS for us, to their customers if we solve their programs.
This is a unique plan to get more people to use the DEX. A blockchain, like a book is only good if it is used.
Thank you for letting us help take BTS into the hands of people on the move around the world.
Cryptick