I like your videos and I particularly like your on screen presenting style, from the other video of you I have seen. Our community needs more people with your enthusiasm and creativity. I would vote for you as a delegate just to have you working full time on the BitShares branded videos btw.
Let's get down to some questions:
Can you give us a full history of your project? It looks like a lot of this content was created for previous pitches elsewhere. What worked, what didn't work etc in the past? How have you come to where you are now etc?
Do you actually have any of the technical aspects worked out yet, or is this more of a vision of what could be? What happens if some of the things you have envisaged are just not possible? I would highly recommend working these details out in a white paper asap if not done already. I fear you have mainly approached this project from the content creation side and not the technical side.
Some thoughts I have had previously in regards to creating my own video DAC that are relevant to this project are: Where will the content be stored, how will it be accessed, how much will this storage cost and how will these costs be handled by the DAC? Is data stored on a centralized or decentralized solution? What about data redundancy? What cut does the DAC take of the purchases? How will the cost of an existing CMS be managed or will a brand new CMS solution need be designed and built? Can anybody upload anything? If so, how will the legal side be handled such as DMCA take downs etc? If not, how will you decide what content is to go on the platform, who decides, how are they paid? Is playout limited to web streaming only?
Also, do you have a team assembled or in mind already? How many people do you think this would take to make? What sort of timescales etc? This is a very ambitious project! :D
Are you open to rebranding discussions?
Sent from my iPhone using Tapatalk
My first reaction is that this is a very ambitious project and realistically far more than one man can accomplish working alone - even in the beginning.
You will need a team. How are you going to pay them, even minimally, so that they can cover rent and food? In other words, let's see a preliminary budget and estimates of how much money you will need at each stage of the project. Not just for labor, but for whatever you are going to need as the project develops (ie. such things as office space, equipment, websites, advertising, servers, etc.) If you run out of funds before you get a cash flow to cover ongoing expenses it could turn out to be another broken dream.
Have you got an inventory of what skills you are going to require, besides your own? For instance, you are going to need a dev or devs to do coding for parts of your project, yes? I hope you are not planning on poaching any of our core devs? :'( You are going to need to find and perhaps partner with such talent.
Please don't let me discourage you. I just want to see financial plans fleshed out much as Edilliam wants to see the technical plans fleshed out. It is an awesome vision, but needs the discipline of a business plan of the quality you would take to hard-hearted venture capitalists. This will help you immensely.
You do realise that registering a delegate has a big fee, and that refunds aren't possible?
My main concern here, is that you're underestimating the costs and resources needed for a Video DAC.
Thanks for you proposal!
As you plan to make sollars and Sense a UIA do you know what legal requirements you have to fulfill since you would have to hold customer funds as collateral (the money (USD, BTC, BTS) customers give you to buy Sollars and Sense)?
Did I understand this correctly. You want to start with a UIA as a currency for your platform (for purchasing video content, correct?) - the Platform at this stage would be hosted on a central server. The long term plan though is to make the platform into a (decentralized) DAC, correct? And so Sollars and Sense might not be a UIA anymore but a market pegged asset? How would this DAC work?
@onceuponatime -- this was your first reaction:
(http://robonwriting.com/wp-content/uploads/2014/06/Blow-Away-Guy.jpg)
:D
+5%
I think the videos you produce to promote bitshares while you work on the funding for the new Bitshare Video would certainly be awesome.
Quality videos like these will go a long way.. perhaps create some with the intent of going viral? Others that maybe can work with news releases?
Lots of possibilities. In the end, as long as the production is consistent.. it will definitely be a step up for bitshares eco system as a whole.
Some thoughts I have had previously in regards to creating my own video DAC that are relevant to this project are: Where will the content be stored, how will it be accessed, how much will this storage cost and how will these costs be handled by the DAC? Is data stored on a centralized or decentralized solution? What about data redundancy? What cut does the DAC take of the purchases? How will the cost of an existing CMS be managed or will a brand new CMS solution need be designed and built? Can anybody upload anything? If so, how will the legal side be handled such as DMCA take downs etc? If not, how will you decide what content is to go on the platform, who decides, how are they paid? Is playout limited to web streaming only?
Also, do you have a team assembled or in mind already? How many people do you think this would take to make? What sort of timescales etc? This is a very ambitious project! :D
Decentralization comes in the open source component not in the starting architecture. But that may change in the future. So yes in a way you are correct. The long term plan is to make BitShares Video DAC into a decentralized DAC.What you wrote makes sense. I would not use the term "Bitshares Video DAC" though to not confuse people about your intentions / plans.
QuoteDecentralization comes in the open source component not in the starting architecture. But that may change in the future. So yes in a way you are correct. The long term plan is to make BitShares Video DAC into a decentralized DAC.What you wrote makes sense. I would not use the term "Bitshares Video DAC" though to not confuse people about your intentions / plans.
So the role (apart from marketing / videos) Bitshares plays for Sollywood TV is that payments would be processed a UIA on the Bitshares blockchain?
Did you check out how Bitshares Music will work? I think you may find a lot of inspiration there for your project! Best source imo https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dac-edition-2014-10-03-starring-cedric-cobson
The term "decentralized autonomous company" was an analogy proposed by Daniel Larimer to describe Bitcoin and similar consensus ledgers. What you want to do (as I understand it) is a traditional company that is using the UIA functionality of the Bitshares DAC as a payment system backbone. So in order to not confuse people and to not oversell I would drop the DAC terminology.QuoteDecentralization comes in the open source component not in the starting architecture. But that may change in the future. So yes in a way you are correct. The long term plan is to make BitShares Video DAC into a decentralized DAC.What you wrote makes sense. I would not use the term "Bitshares Video DAC" though to not confuse people about your intentions / plans.
So the role (apart from marketing / videos) Bitshares plays for Sollywood TV is that payments would be processed a UIA on the Bitshares blockchain?
Did you check out how Bitshares Music will work? I think you may find a lot of inspiration there for your project! Best source imo https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dac-edition-2014-10-03-starring-cedric-cobson
Ok cool delulo,
That is what I need. Lets get things moving with discussions. I'll check it out. Are there any name suggestions you would recommend? I still think it should be BitShares Video DAC as it may very well end up that way in the long run. Here is how I see it.
Its about the long term vision not the short term iteration right? Sollywood TV is only one way to do this, comcast is another, BitTorrent is another. They all have various levels of "decentralization" and autonomous-ness. Now what if all these iterations were funded by the same unit?
There are millions of ways that may be produced from this one project and that in itself is decentralized and autonomous.
I think where the "company" part will come in is the funding unit we use for this project which has yet to be discussed. I made a suggestion that the unit be called BitVid. BitVid holders would fund project or different iterations of this project that may increase the value of their unit? What do you think?
I'm checking out the BitShares music discussion now.
I am not much help technically or large financial contributions, but fully support what Solomon is trying to accomplish.
Every journey starts with the first step.
Following with interest +5%
+5%I am not much help technically or large financial contributions, but fully support what Solomon is trying to accomplish.
Every journey starts with the first step.
Following with interest +5%
Thank you ubits. You gave all the help I need. Its people like you that keep me going :) And that's what matter right now.
I'm almost done hearing the BitShares Music episode. Its so relevant to what I am trying to get across with this project its kind of scary. I'll have my thoughts posted soon. Thanks again for the support.
Persons who hold BitVid would not own a portion of projects which choose to use the DAC to fund or issue their own tokens. Only if you buy into them specifically would that be the case such as with Sollywood TV and Sollars and Sense.
Your proposal is so long and hard to follow that does not make much sense. You business model is very far from clear. It seams that although you put a lot of time in writing everything, it does make things even more messy. You already talk about presale but besides a lot of mambo jumbo and big revolutionary words there is nothing clear.You talk about apps and solar micro payment backed by bts.... "all project powers by Bitshares" what this does even mean. What are you talking about ?
Then you go on with non sens part two :QuotePersons who hold BitVid would not own a portion of projects which choose to use the DAC to fund or issue their own tokens. Only if you buy into them specifically would that be the case such as with Sollywood TV and Sollars and Sense.
...hhhh WHAT ? This that make any sense to you ?
You should first flesh out clearly your ideas, give some working examples. Like a real what are the incentive for consumer and for content providers ? Please don't tell to reread that proposal again nor watch the video, because I already did that part. Make it short don't write empty words to fill up the space. Let us understand what the hell are you talking about. Make a whitepaper then maybe then you could start talking about presale and biVid and Solgold ..... And please don't criticize other delegates and don't event try to criticizes Music ...Case in point Music had a very clear and brilliant model, also one of the confounder has like 25 years or so experience in music industry. Only once everything was clear they started talking about funding. You are going the other way around.
I'm one of those that remember your first time around this forum. Your proposal back in the time sounded like a Nigerian scam. To be clear I'm not saying that this was your intention but sounded that bad.. Then you completely disappear and now your are back .That's alright it seams that you are doing better already than the last time.
One thing I have to say is that your videos are really good you got talent. So start by making some Bitshares videos, in the meantime make your proposal sound like a real proposal don't even talk about funding you are so far from that part you can't imagine. Gain some trust from this community and maybe you got a chance. Until then I will not even vote for you let alone spend any money in your solar nonsense!!! But I'm open to listen to your vision and if one day it will make any Sense I'll for sure change my mind.
What if PeerTracks could add a video feature faster and more efficiently?
Your proposal is so long and hard to follow that does not make much sense. You business model is very far from clear. It seams that although you put a lot of time in writing everything, it does make things even more messy. You already talk about presale but besides a lot of mambo jumbo and big revolutionary words there is nothing clear.You talk about apps and solar micro payment backed by bts.... "all project powers by Bitshares" what this does even mean. What are you talking about ?
Then you go on with non sens part two :QuotePersons who hold BitVid would not own a portion of projects which choose to use the DAC to fund or issue their own tokens. Only if you buy into them specifically would that be the case such as with Sollywood TV and Sollars and Sense.
...hhhh WHAT ? This that make any sense to you ?
You should first flesh out clearly your ideas, give some working examples. Like a real what are the incentive for consumer and for content providers ? Please don't tell to reread that proposal again nor watch the video, because I already did that part. Make it short don't write empty words to fill up the space. Let us understand what the hell are you talking about. Make a whitepaper then maybe then you could start talking about presale and biVid and Solgold ..... And please don't criticize other delegates and don't event try to criticizes Music ...Case in point Music had a very clear and brilliant model, also one of the confounder has like 25 years or so experience in music industry. Only once everything was clear they started talking about funding. You are going the other way around.
I'm one of those that remember your first time around this forum. Your proposal back in the time sounded like a Nigerian scam. To be clear I'm not saying that this was your intention but sounded that bad.. Then you completely disappear and now your are back .That's alright it seams that you are doing better already than the last time.
One thing I have to say is that your videos are really good you got talent. So start by making some Bitshares videos, in the meantime make your proposal sound like a real proposal don't even talk about funding you are so far from that part you can't imagine. Gain some trust from this community and maybe you got a chance. Until then I will not even vote for you let alone spend any money in your solar nonsense!!! But I'm open to listen to your vision and if one day it will make any Sense I'll for sure change my mind.
What if PeerTracks could add a video feature faster and more efficiently?
What if PeerTracks could add a video feature faster and more efficiently?
That is a possibility that I think Solly hasn't considered yet.
Consideration of potential competition is an important part of business plans.
Then you go on with non sens part two :QuotePersons who hold BitVid would not own a portion of projects which choose to use the DAC to fund or issue their own tokens. Only if you buy into them specifically would that be the case such as with Sollywood TV and Sollars and Sense.
...hhhh WHAT ? This that make any sense to you ?
Your proposal is so long and hard to follow that does not make much sense. You business model is very far from clear. It seams that although you put a lot of time in writing everything, it does make things even more messy. You already talk about presale but besides a lot of mambo jumbo and big revolutionary words there is nothing clear.You talk about apps and solar micro payment backed by bts.... "all project powers by Bitshares" what this does even mean. What are you talking about ?
Then you go on with non sens part two :QuotePersons who hold BitVid would not own a portion of projects which choose to use the DAC to fund or issue their own tokens. Only if you buy into them specifically would that be the case such as with Sollywood TV and Sollars and Sense.
...hhhh WHAT ? This that make any sense to you ?
You should first flesh out clearly your ideas, give some working examples. Like a real what are the incentive for consumer and for content providers ? Please don't tell to reread that proposal again nor watch the video, because I already did that part. Make it short don't write empty words to fill up the space. Let us understand what the hell are you talking about. Make a whitepaper then maybe then you could start talking about presale and biVid and Solgold ..... And please don't criticize other delegates and don't event try to criticizes Music ...Case in point Music had a very clear and brilliant model, also one of the confounder has like 25 years or so experience in music industry. Only once everything was clear they started talking about funding. You are going the other way around.
I'm one of those that remember your first time around this forum. Your proposal back in the time sounded like a Nigerian scam. To be clear I'm not saying that this was your intention but sounded that bad.. Then you completely disappear and now your are back .That's alright it seams that you are doing better already than the last time.
One thing I have to say is that your videos are really good you got talent. So start by making some Bitshares videos, in the meantime make your proposal sound like a real proposal don't even talk about funding you are so far from that part you can't imagine. Gain some trust from this community and maybe you got a chance. Until then I will not even vote for you let alone spend any money in your solar nonsense!!! But I'm open to listen to your vision and if one day it will make any Sense I'll for sure change my mind.
Proposal is trying to mix some sort of artistic sense of the world with an economic platform. This would be good for softening the marketing edge but not for the business pitch. BTS video may likely be a viable DAC regardless. +5%
Sent from my iPhone using Tapatalk
Sorry to ask this maybe it is obvious or already answered (I am lazy with long posts) but why use a new coin solar & sense as payment system and not bitusd? Maybe the model could be to issue Solar & Sense shares like an IPO that will get converted in bitusd once the project is launched.
So that's a lot of text to read, but most people who have read it seem to respond positively to your passion, motivation, efforts and video/content skills. I think this is a success by all measures. +5%
What is worrying is what is always worrying when a passionate, motivated entrepreneur gets pitching: There is too much going on, you're trying to do and say too many things simultaneously. Obviously you have a lot of ideas brewing, but not all of them are relevant right now.
As I see it you have three main things you need to focus on right now. 0) Getting a BitShares Delegate up, get it voted in, and keep communicating with and learning from the community. 1) Marketing your YouTube channel to get a viewership in the tens of thousands. 2) Refining your ideas on a MVP to the point where a fundraiser will be effective and get you enough money to build it.
When it comes to the first point you can do this independently and collaborate with the marketers over at Nullstreet. Instead of defining your demographics in advance I think you should do exploratory marketing with your Youtube videos. Do what you do best, and see what subscribers you attract: That's your demographic, it's the concrete people who are interested in your ideas and style.
As for the second point, you should focus on explaining as clearly and concisely why your MVP will make money for the investors who buy into it. In addition viral incentive structures of your MVP need to be in place before we even talk about the grand experience; think through a) why users would use it, b) why investors would invest, and 3) why content creators would produce content on there.
Finally, don't underestimate the time and resources that are required to do things that in abstract sound pretty straight forward. We all know this common advice, but underestimating the time it takes to resolve and deal with minute issues is usually what gets people trapped.
To sum up:
- Zone in on what you need to do instead of what you can do.
- YouTube is best way to explore demographics, build reputation and refine branding, voice and vision.
- Focus on simplifying your MVP pitch and learn in detail how to raise funds safely with BitShares.
- Don't underestimate the time and resources you need to do even "simple" things.
Looking forward to see you develop and grow boldly! In 2015 the speed of evolution is only bounded by the speed at which we transcend our own limits again and again +5%
So that's a lot of text to read, but most people who have read it seem to respond positively to your passion, motivation, efforts and video/content skills. I think this is a success by all measures. +5%
What is worrying is what is always worrying when a passionate, motivated entrepreneur gets pitching: There is too much going on, you're trying to do and say too many things simultaneously. Obviously you have a lot of ideas brewing, but not all of them are relevant right now.
As I see it you have three main things you need to focus on right now. 0) Getting a BitShares Delegate up, get it voted in, and keep communicating with and learning from the community. 1) Marketing your YouTube channel to get a viewership in the tens of thousands. 2) Refining your ideas on a MVP to the point where a fundraiser will be effective and get you enough money to build it.
When it comes to the first point you can do this independently and collaborate with the marketers over at Nullstreet. Instead of defining your demographics in advance I think you should do exploratory marketing with your Youtube videos. Do what you do best, and see what subscribers you attract: That's your demographic, it's the concrete people who are interested in your ideas and style.
As for the second point, you should focus on explaining as clearly and concisely why your MVP will make money for the investors who buy into it. In addition viral incentive structures of your MVP need to be in place before we even talk about the grand experience; think through a) why users would use it, b) why investors would invest, and 3) why content creators would produce content on there.
Finally, don't underestimate the time and resources that are required to do things that in abstract sound pretty straight forward. We all know this common advice, but underestimating the time it takes to resolve and deal with minute issues is usually what gets people trapped.
To sum up:
- Zone in on what you need to do instead of what you can do.
- YouTube is best way to explore demographics, build reputation and refine branding, voice and vision.
- Focus on simplifying your MVP pitch and learn in detail how to raise funds safely with BitShares.
- Don't underestimate the time and resources you need to do even "simple" things.
Looking forward to see you develop and grow boldly! In 2015 the speed of evolution is only bounded by the speed at which we transcend our own limits again and again +5%
Anything is possible you just need the team to do it.
White Papers are useless.
To The Entire BitShares Community and Our Fellow Supporters
Greetings From Sollywood!!
Hello All its Solomon :D.
I introduced myself to the BitShares community with this delegate post (https://bitsharestalk.org/index.php?topic=13900.0). Now I’m introducing the complete details of the project I want to run as a BitShares delegate and filmmaker for this community. This project is BitShares Video DAC. This DAC proposal will be its formal introduction. There are still some elements to fully flesh out but much of it is complete (95%). I want to complete the rest (crowd-funding details/share-dropping) with community involvement and those who believe in this vision.
If detailed proposals aren't your style you can check the tl;dr version here (https://medium.com/@sollarsandsense/tl-dr-6583d4f4bec6).
Table of Content
1. Who Am I: Sollywood (https://medium.com/@sollarsandsense/who-am-i-sollywood-685226c84e0e)
2. BitShares Video: The Vision (https://medium.com/@sollarsandsense/bitshares-video-the-vision-be0cdb7a5c02)
3. Sollywood TV / Sollars and Sense: The commercial Application (https://medium.com/@sollarsandsense/sollywood-tv-sollars-and-sense-the-commercial-instance-1204c7c66205)4. New Money Brand (https://medium.com/@sollarsandsense/new-money-brand-5c3804c90923)
- Sollars and Sense: The Smart Money Angle (https://medium.com/@sollarsandsense/sollars-and-sense-the-smart-money-angle-dd9cc3bf3455)
5. Sollars.com (https://medium.com/@sollarsandsense/sollars-com-92f4e7339cac)
- New Money Business Model
6. Funding + Financing (https://medium.com/@sollarsandsense/funding-financing-13b83f3235e0)
7. 100% BitShares Delegate (https://medium.com/@sollarsandsense/100-bitshares-delegate-9f1d107b030c)8. Conclusion (https://medium.com/@sollarsandsense/conclusion-3c1ae9138e86)
- Financial Plan
- Immediate Actions (https://medium.com/@sollarsandsense/immediate-actions-e7397099539b)
- BitShares Video DAC Forum Section (https://medium.com/@sollarsandsense/bitshares-video-dac-section-on-forum-75720401ab2d)
9. TL;DR Summary (https://medium.com/@sollarsandsense/tl-dr-6583d4f4bec6)
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