Any idea when deposits will be added?

Very interested in becoming a delegate,
1) Ottawa Canada
I also have an available VPS in Australia if that can help.

Stan,
I'm not trying to gain control of funds.  It is insulting you would insinuate I am wasting my breath here on anything other than trying to help you fix the mess you have created.  If you cared about not scaring away investors, invictus would have a blog.  I looked at my post history, I told you that, in my own name, in public on this forum the first week of January.  I told Daniel privately for weeks.  I expressed my concerns to Brian multiple times, and he blew me off. There are basic things you guys have refused to do for reasons that are unfathomable to me, but it's led to the place we are now.  Still not even a blog.

With the long term bounties, I am trying to get Invictus to allocate funds to whomever best fulfills what Invictus defines as a profitable DAC.  I am asking this be done in such a way that is consistent with incentivizing teams who have the ability to make long term strategic plans. instead of only using funds to pay for internal company operations, basic payroll and bounty-chores with the promise to give away more funds to people who convince you their idea is good enough.   Stan, I don't know how you can look at how things have gone so far and say anything other than you guys have been wrong about more important things than you've been right on, and the deal has had to change several times because of that wrongness.

I've laid out my proposal calmly and simply many times both publicly and privately, I even shared a paper with daniel on it weeks ago entitled "The collaborative roadmap - incentivizing R&D with bounties" from my Distributed Minufacturing project that explains the logic behind this.  I have done my best to bring these changes about because I feel like you guys are talking about decentralization and building centralized solutions to control funds which was never the deal. 

You can choose to take this personally or insinuate whatever you want about me but I think it should be pretty clear I have been a personally supporter of your project, want you guys to succeed and I feel strongly enough you're on the wrong path to be spending my time talking at you.  Why would I do that, am I a hater?  No..... Just a long time investor who has watched you set and fail to meet target after target, and who no longer trusts you.   I am not alone in that, it's just that most people just leave.

As mentioned I'll lay out my suggested bounties but I have zero interest in fundraising.  You guys took in millions of dollars already, what the hell are you doing with that money if not incentivizing the long term growth of the ecosystem?  Where in the AGS agreement did it say "and invictus will try one experiment to incentivize participation per annum with these funds, never more than one at a time" because I didn't get that memo.    The point of collecting this much money up front is to have it to guarantee you can spend it at a later point when it is more valuable because you have succeeded.

You are looking at this money and saying "well, we better surivive on this for the next few years!" but again, I didn't realize the point of this was to pay invictus salaries - I thought it was to incentivize the growth of the ecosystem.

You've got to spend money to make money, outcome oriented bounties are the only way you can 100% guarantee you are not spending money on anything other than the solution you're looking for, and while the downside of these is they require larger prizes and more time, that is an advantage talking about a deflationary, ecosystem based cryptocurrency since the prize will be worth more when its awarded than when it is offered.

Tell me what points I'm missing, I hear you complaining about how unfair I am to do so but I'm happy to address whatever you require further elaboration on.

Quote from: currencydebt on February 12, 2014, 07:42:26 pm

Quote from: bytemaster on February 12, 2014, 07:13:13 pm

In the crypto-world getting a 100x return is possible.  Thus investing $1 in 100 things will break even if you lose 100% on 99 things.    Based on this reasoning, an investor looking to mitigate risk is probably well served by picking 5 of the most promising ideas and investing proportional to their understanding of the idea.

Nothing replaces knowledge if you want to see a return.

What are the 5 most promising ideas?
I am sure 1 of them is BTS/PTS/AGS but give us your take on the other 4 you feel are currently the most promisng

LOL... there are none that I would invest in.

Wise words Dan. Wise words. 

I use to be a Invictus investor and very bullish on the PTS shares, but I recently pulled out with the steep decline in PTS price coupled with the confusion around AngelShares and not knowing which I should be holding on to. I am still very interested in seeing you succeed and and be first to deploy but honestly there is a lot more competition from Nxt, MasterCoin, Ethereum.

Its not exactly the thread to discuss this, but it's coming out with the frustration on failing to deliver on Keyhotee, and as I check back what I am seeing.

There is still issues with Keyhotee that I find unacceptable if Invictus wants to be competitive, reputable organization:

• Dan/Bytemaster mentioned they aim for daily status updates 7 days ago. They missed 6 out of 7 of those daily status updates.
  
• What about the Keyhotee Windows build?
• The download for alpha keyhotee is not working. I clicked the .zip file on the first page of this thread and it goes to 404 Error not found...

Can you please fix these and be more transparent in communication, and delivery. Thanks.

Sorry what has ethereum actually delivered thus far that you're crediting being first to deploy/more efficient dev? Also mastercoin has had a lot more money for a lot longer of a time and still has yet to have a solid release, nxt is an interesting concept but they have not yet delivered on many promises.Dan has already established an alpha release for bitshares and keyhotee, while moved back, is still scheduled to be released soon.

I'm still confused about 2 aspects, first when do you pay the 5% for shorts, after the first year or immediately when you start the long/short agreement, also can either participant exit the long/short deal at any time.

Not to get too 'meta' but how should the interest rate on the interest rate BitAsset be set?   I am thinking it could be fixed at 0% because it isn't actually trying to maintain a peg against anything else.

+ 1