BitShares Forum

Main => Stakeholder Proposals => Topic started by: karnal on September 13, 2016, 11:50:30 am

Title: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: karnal on September 13, 2016, 11:50:30 am
What do witnesses & others think about this?

I'm convinced it could be big for Bitshares -- the reasons I have detailed here: http://steem.link/dD0OP

Let me know your opinions ..
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: karnal on September 13, 2016, 03:50:17 pm
@xeroc, what do you think?
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: karnal on September 15, 2016, 10:58:00 am
What do you guys think? @svk @fuzzy @pc @kenCode @Chris4210 @chryspano @ripplexiaoshan

Besides being an interesting asset, we could organize some heavy publicity around the launch of this smartcoin - the only place in the crypto-space where mere mortals can hodl and trade with XDR.

It will definitely give Bitshares some attention.

p.s, offtopic: anyone knows why we have no bitZAR?
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: karnal on September 16, 2016, 05:48:06 pm
Who do I have to shoot around here to get a witness to pay attention? (hah! LOL! .. ahem)
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: Chris4210 on September 16, 2016, 09:40:43 pm
Who do I have to shoot around here to get a witness to pay attention? (hah! LOL! .. ahem)
Is there no witness channel for them? Maybe it got a bit dusted because we did not do any hf in a long time anymore.

For the BitXDR
Cost to create: 1,174,108 BTS   234,822 BTS*LT (6,549 USD   1,310 USD*)
Managed by: Committee (?)
Paid by: crowdfunded
Set up by: Xeroc?, ABit?
Witness source: http://www.xe.com/currencyconverter/convert/?Amount=1&From=XDR&To=EUR
MPA parameters: standard bitUSD

Purpose: ?
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: ripplexiaoshan on September 17, 2016, 04:41:09 am
There is a similar try from Chinese community, that was founded by @James Gong,  please take a look at https://dacx.com/ , where you can buy BDR.
However, it was only popular at the beginning, then people lost interests.  I guess the main reason is that people can always find other ways to invest xDR, Bitshares is not the only choice.
IMO, the first priority is to find more application for bitUSD. When the market cap of bitUSD is big enough, then everything will be easier.
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: mr-whitekey on September 19, 2016, 03:32:34 am
This idea is just the kind of innovation Bitshares needs, it highlights exactly what is out main purpose the DEX. It is an excellent use case that other exchanges are not doing and helps to differentiate us.
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: karnal on October 01, 2016, 09:09:55 am
Seems there is not enough interest to get this going.
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: Chris4210 on October 01, 2016, 02:41:50 pm
I think we have a couple of other problems that we have to work on right now. One of them is the jammed cryptofresh blockchain explorer that is down.
Title: Re: Special Drawing Rights as a Smartcoin - hear me out ...
Post by: xeroc on October 04, 2016, 01:50:10 pm
We can of course launch a SDR in the blockchain easily .. from a technical point of view, but ...
that's not sufficient .. you need budget for marketing, sales, and you need contacts to people that have a high interest in using it ...
fred from the neighborhood won't use this .. yet