The release date could be affected by what the minimal viable product (MVP) could be. Obviously creating and implementing a blockchain and centralized validation with command line wallet / trading system would be the MVP that could enable successful trading on the network. Then Ripple style consensus, Qt GUI, Web Wallets, could be added after this MVP.
Some may claim that a "centralized" command line system is not what was promised, on the other hand it could be a valuable stepping stone toward a full system that would maximize shareholder value in the short term and allow speculation on real BTS while we build out the rest of the infrastructure.
So release date is really subject to whether we need a full Qt GUI to launch. What are your thoughts?
Firstly,
We are essentially competing for market share. Some systems work alongside BTS where others may ultimately compete. Is is wise to have source code available on github?
It may be important to maximise short term shareholder value while also generating mass attention to the project. We have a large advantage in our current position. If we play our cards right, we will certainly become what is expected by Invictus believers.
I support this. It may be worth developing the trading system of BTS for release and then continuing the infrastructure? This has been the path of other 'systems' and has been relatively successful. MST for example are @ 0.18 BTC with nothing more than a promise? I do not mean to be rude but that is as it seems. Same for Ripple and NXT.
If we take the approach with BTS trading release, we will create a surge in AGS donations and PTS price. It may be thoughtful to consider how to sustain funding thereafter (see below). There would be appx 500k PTS left to mine and perhaps 1.8 million AGS left after a FEB release of MVP.
BTS would sit on
coinmarketcap trading away, generating buzz and
new investors, right where the world can see. That would draw a huge amount of attention to Invictus so we would need the websites sexy and information presented clearly. I am certain that this would generate a whole new flood of investors that will bid to capture positions in future DACs through AGS/PTS and also hustle bitshares for a piece of the
BTS future dividend/fee.Currently many are unaware of our plans. Think of this also. If we release BTS to market for speculation, new investors also have the opportunity to bid for AGS (and the remaining PTS) based on the business model of rewarding them %10 of DAC's.
We will be the first to provide the 'general public' with 'founder' status. Something even small time guys take immense pride in.
This seems like the
'royal flush'. (I make no reference to gambling, just the position held
)
These discussions are imperative and must reach conclusion ASAP.