BitShares Forum
Other => Graveyard => BitShares PTS => Topic started by: super3 on December 02, 2013, 05:20:52 am
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Throwing out some bounties for copywriting. Next some help generating good text for the website. Bounties are in USD, but you can receive them in PTS or BTC at market value. I will declare the winners and award any bounties. Note that anything written must allow for the lay person to understand.
Throwing out some bounties for copywriting. Need some help generating good text for the website. Bounties are in USD, but you can receive them in PTS or BTC at market value. I will declare the winners and award any bounties. Note that anything written must allow for the lay person to understand.
[$20] 4 Two Word Descriptions of Protoshares.
I came up with "Fair Mining, New Algorithm, Community Led, and Funds DACs." Perhaps you can think of something better.
[$50] Describe DACs in 3 short, ~2 sentence descriptions.
This should give you a good start(http://invictus-innovations.com/i-dac (http://invictus-innovations.com/i-dac)). If have a good image to show your point, I will add $25 to the bounty.
[$50] Describe "Why Protoshares?" in 3 short, ~2 sentence descriptions.
This should give you a good start(http://invictus-innovations.com/protoshares (http://invictus-innovations.com/protoshares)). If have a good image to show your point, I will add $25 to the bounty.
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PaboW5M96EKv7oN7CBXjG2mi7oka4tFrXd
Descriptions - a bit longer than two words
Low Coin-supply
CPU-only mining
Shares of worlds first Crypto-corporation
Full-time developers
Describe why Protoshares
Protoshares are effectively shares in the world's first digital cryptographic corporation, a corporation which will have all the benefits of Bitcoin such as being Autonomous, Soverign(No government), Self-regulating, etc.. Therefore while the risk of protoshares failing might be high, seeing as it is the first of its kind, its' potential gains if it succeeds is similarly near limitless.
shorter
Protoshares are shares in the world's first digital cryptographic corporation. It is an alternate way of achieving the goals of coins such as Mastercoin or Colored Coins, and if it succeeds the gains would be astronomical.
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PaboW5M96EKv7oN7CBXjG2mi7oka4tFrXd
Descriptions - a bit longer than two words
Low Coin-supply
CPU-only mining
Shares of worlds first Crypto-corporation
Full-time developers
Describe why Protoshares
Protoshares are effectively shares in the world's first digital cryptographic corporation, a corporation which will have all the benefits of Bitcoin such as being Autonomous, Soverign(No government), Self-regulating, etc.. Therefore while the risk of protoshares failing might be high, seeing as it is the first of its kind, its' potential gains if it succeeds is similarly near limitless.
shorter
Protoshares are shares in the world's first digital cryptographic corporation. It is an alternate way of achieving the goals of coins such as Mastercoin or Colored Coins, and if it succeeds the gains would be astronomical.
CPU Only and Full-Time Devs are good points there.
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DACs are like an army of computers all working together to provide some service for their customers. If some computers try to manipulate the services offered, or deny service to some customers, the good computers will be able to continue on, ignoring any attempts to manipulate the DAC.
DACs are designed so that there is far more incentive to help the DAC than to hurt it. Because of this, you can be sure that only a handful of people would ever try to cheat, and even then, only for a very big reason.
DACs are like a group of friends helping you out. Even if some of them try to cheat you, the other friends will catch on and ignore their work. All you see is the final result, which is always trustworthy.
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I'm still trying to wrap my head around this whole thing, but here's my contribution. I hope it's useful.
4 Two Word Descriptions of Protoshares:
Capital Backed, Open Source, Dividend Earning, Limitless Possibility.
Describe DACs in 3 short, ~2 sentence descriptions:
DACs are peer-to-peer software that provide solutions without the involvement of central points of failure. Unlike traditional corporations DACs execute their stated mission perfectly every time. Utilizing properties that have been pioneered in crypto-currency DACs are poised to disrupt industry in the same manner Bitcoins are disrupting finance.
DACs allow anyone, regardless of regardless of nationality, location, age, etc., to invest or participate in delivering these solutions. The only barrier to entry is a computer with which to run the DACs software.
DACs provide automated and incorruptible systems we can use to replace institutions and industries, allowing humanity to put time and energy into more valuable and fulfilling endeavors.
Describe "Why Protoshares?" in 3 short, ~2 sentence descriptions:
In only four weeks Protoshares achieved a market cap in excess of $25 million dollars, with each Protoshare valued at more than $25. Community support is strong and a well funded company (Invictus Innovations Incorporated) is developing innovative software solutions based on Protoshares.
Despite corporate development the Protoshares software is open source, ensuring that the best interests of Protoshare holders will be maintained by the development team.
Protoshares are the first opportunity to acquire a new type of asset as every Protoshare is a share in the first decentralized trading platform, Bitshares, which is currently under full-time, funded development by a highly qualified team. Protoshares are currently the best way to position yourself to benefit from the new DAC industry.
Should you deem any of this bounty-worthy my PTS address is: PpTisQSNWQJqVCCXhL9dppS4hXoREAKNhw
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Capital Backed
How do you know? Whose capital? How much of it? Can Mark Zuckerberg or Bill Gates switch all of this off? Could they if they just buy Invictus?
The only barrier to entry is a computer with which to run the DACs software.
Start-Up idea! Let's create a website that provides that without installing anything on my PC!
a well funded company (Invictus Innovations Incorporated) is developing innovative software solutions based on Protoshares.
Well funded? Stan, bytemaster, how much money do you have? :)
Despite corporate development the Protoshares software is open source, ensuring that the best interests of Protoshare holders will be maintained by the development team.
Better!
Protoshares are the first opportunity to acquire a new type of asset as every Protoshare is a share in the first decentralized trading platform, Bitshares
Ok!
which is currently under full-time, funded development by a highly qualified team.
Is it? Are they qualified? Reddit says: SCAM! ;)
Protoshares are currently the best way to position yourself to benefit from the new DAC industry.
I want to believe.
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500k usd plus pts is our current funding. But we are creating value faster than we are spending it.
Sent from my iPhone using Tapatalk (http://tapatalk.com/m?id=1)
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:-)
If memory serves me on an episode of Let's Talk Bitcoin they mentioned that they'd received some funding. If indeed they are funded I believe that the average layperson would take confidence in this. I personally am far more confident in the potential success of PTS, Bitshares, and Invictus DACs given that they have an operating company with people putting their reputations on the line. The team looks pretty solid on the Invictus site.
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Indeed. So perhaps:
Full-Time Devs
$500k Funding
CPU-only Mining
Funds DACs
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Indeed. So perhaps:
Full-Time Devs
$500k Funding
CPU-only Mining
Funds DACs
$500K is just the base line and doesn't reflect the true degree to which we are funded. We have financial incentive via PTS as well and while we don't want to sell the PTS we have, it is a source of funding. Lets just simplify it down to over $1 million in funding.
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Ok, so far I have:
4 Two Word Descriptions of Protoshares:
CPU-Only
$1M Funding
Full-time Devs
Funds DACs
Describe DACs in 3 short, ~2 sentence descriptions:
Needs work.
Describe "Why Protoshares?" in 3 short, ~2 sentence descriptions: weiry
In only four weeks Protoshares achieved a market cap in excess of $25 million dollars, with each Protoshare valued at more than $25. Community support is strong and a well funded company (Invictus Innovations Incorporated) is developing innovative software solutions based on Protoshares.
Despite corporate development the Protoshares software is open source, ensuring that the best interests of Protoshare holders will be maintained by the development team.
Protoshares are the first opportunity to acquire a new type of asset as every Protoshare is a share in the first decentralized trading platform, Bitshares, which is currently under full-time, funded development by a highly qualified
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A bit of redundant information in the last paragraph.
CPU-Only was a design goal, but GPU mining is possible now so I wouldn't want to stress that.
Instead I would say "Equal Opportunity Mining", "No Pre-Mine"
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Is this right?
DACs are service-based companies. Funded by people, they generate profits for their backers from the services they provide. DAC services run autonomously in a decentralized network, utilizing block-chain technology to manage their affairs.
PTS: PfQxtMos7ZPFNhn6FesDxFgoZXkjekpGru
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Is this right?
DACs are service-based companies. Funded by people, they generate profits for their backers from the services they provide. DAC services run autonomously in a decentralized network, utilizing block-chain technology to manage their affairs.
PTS: PfQxtMos7ZPFNhn6FesDxFgoZXkjekpGru
Very solid.
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[$20] 4 Two Word Descriptions of Protoshares.
I came up with "Fair Mining, New Algorithm, Community Led, and Funds DACs." Perhaps you can think of something better.
Equitable mining
Altchain platform (or "altchain protocol" in the sense that PTS can be used to fork other chains while maintaining the network utility of PTS, as I understand it)
Uniquely decentralized
Built for businesses
[$50] Describe DACs in 3 short, ~2 sentence descriptions.
DACs are software programs that run their own corporations, providing services to consumers, paying bills and expanding the business with the revenue, and paying shareholders with the dividends. They can be created to perform a wide variety of services, and take advantage of the core principles of the Bitcoin protocol and decentralized services in general.
DACs exist to solve many of the practical and social problems plaguing the corporate landscape, and to do for the corporate world what Bitcoin is doing for the finance world. DACs are a framework for corporations which cannot be influenced by governments or internal corruption.
DACs are a way to remove the human element from how corporations are run. With no central point of failure, and no human errors or misconduct, DACS provide a unique way to incentivize investors and new businesses.
By hard-wiring business logic, distribution of equity, and ethical considerations into the code of a DAC, the incentives of the investors and the incentives of the DAC are 100% aligned. This is not true of any traditional corporation, where managers' personal goals are often only slightly aligned with the stated goals of the corporation.
I'll come back to WHY - I think I'd be repeating myself a bit from the WHAT section
PbPotr4LbdwEvqfLMpWt84J5YSRKWX3X9F
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Decentralized Network
Secure Currency
Unique Benefits
Composite Value
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yeah
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...
[$50] Describe DACs in 3 short, ~2 sentence descriptions.
This should give you a good start(http://invictus-innovations.com/i-dac (http://invictus-innovations.com/i-dac)). If have a good image to show your point, I will add $25 to the bounty.
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DACs are like languages: they are virtual entities given form and life by the consensus of their users. As long as consensus among users exists, a language or DAC will have utility to those who participate.
A DAC is a voluntary social contract defining protocols the use of which will benefit those who practice them. A DAC is created when a protocol is defined and attracts enough practitioners to give it life.
DACs are organic sets of conventions that streamline human interaction in a given domain. Using them increases efficiency because procedures are already clearly defined, leaving no room for deception or error.
----------------------------------------------------
^ Are those too abstract?
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Is this right?
DACs are service-based companies. Funded by people, they generate profits for their backers from the services they provide. DAC services run autonomously in a decentralized network, utilizing block-chain technology to manage their affairs.
PTS: PfQxtMos7ZPFNhn6FesDxFgoZXkjekpGru
This is good. Any more along this line?
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Ok here is the draft. http://198.199.86.4/Protoshares.net/ (http://198.199.86.4/Protoshares.net/)
Will have to make some changes and fix somethings, but its just about ready.
Make sure your PTS addresses are correct. Will send bounties soon.
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Both Market Valuation and CPU Minable are bad things to make primary pillars. One is circular, the other no longer really true and it didnt go so much to plan so might be better not to point too much attention.
Better to focus on -
Periodic Payouts
You may have heard of Bitcoin, like Bitcoin Protoshares is a Cryptocurrency but unlike Bitcoin there is a good reason to hold them. When Invictus Innovations releases a new product, the holders of Protoshares get a piece of it for free!
Pioneering
Invictus Innovations is blazing the trail in Cryptoequities, you're invited to join the quest! With radical transparency, open source development, new solutions to old problems, ready finance, collaborators and a team to make it all happen. Protoshares is the cutting edge of Cryptocurrency.
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Also, the D in DAC is Distributed, not decentralized
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Also, the D in DAC is Distributed, not decentralized
Whoops. Good catch.
Ok I like your blurb on Periodic Payments, but I think it could be said better. Perhaps we could just focus on the Momentum algo instead of calling it CPU mining.
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Who cares about the Momentum algorithm? The opportunity for the average person to mine has passed.
And I agree my phrasing is not perfect, I'm not submitting this to the bounty but if you're going to bother with the website you should point out the actual advantages rather than just random bulletpoints like every other alt. Invictus is probably the most advanced company doing work in this space, that should be pointed out. PTS represents a stake not just of any company but of one that is going to break new ground.
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Who cares about the Momentum algorithm? The opportunity for the average person to mine has passed.
And I agree my phrasing is not perfect, I'm not submitting this to the bounty but if you're going to bother with the website you should point out the actual advantages rather than just random bulletpoints like every other alt. Invictus is probably the most advanced company doing work in this space, that should be pointed out. PTS represents a stake not just of any company but of one that is going to break new ground.
I agree with LightHouse's point... Momentum failed to achieve long term security against GPU... though it was sufficient to enable CPU mining only for the vast majority of the supply.
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http://protoshares.net (http://protoshares.net) is up. Still putting the finishing touches on it so I wouldn't pass it around quite just yet. Please continue to give be pointed and constructive feedback.
Note that we are taking the running and open development approach. Anyway is welcome to raise nitpicks and ideas, as well as contribute to the website code via pull requests.
Full Code:
https://github.com/super3/protoshares.net (https://github.com/super3/protoshares.net)
Issues:
https://github.com/super3/protoshares.net/issues (https://github.com/super3/protoshares.net/issues)
Todo: Change Market Growth and Make Download Buttons work.
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i like the site feeling and smooth scroll effect .. but pls use the original PTS logo on startscreen ;D
edit: on bottom mac screenshot - 2 blue color variations don't harmonize - perhaps a mac screenshot could eleminate this color issue
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Word sets:
Economically viable, Innovation supporting, intrinsically valuable, master designed, democratic enterprise (thinking DACs here).
Copy on PTS:
Protoshares gives immediate equity into exciting future products from private companies. Each Protoshare is backed by a social contract: a promise to exchange it for a share in any newly released product that supports it. It is unique because it has tangible value: significant payouts on future types of cryptocurrency or products (DACs). Protoshares is the only bitcoin derived cryptocurrency to give holders a stake in the future decentralized economy, one with exciting improvements to otherwise centralized problems.
Rough draft.
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You know..... ProtoShares are really difficult to explain without sounding like a scam. I recommend we focus on the up coming BitShare ecosystem as a whole. Then, we can talk about the soon to be released Keyhotee, urging people to get into Keyhotee early to secure a great name for the future. And, oh by the way, BitShares aren't out yet and can't be bought or mined. But! You can buy/mine protoShares to help support the current phase of development. Also, in reward to early adopters and help for growing the BitShares project, each ProtoShare will give you an equal Share of each future DAC released. And then you can have a simple explanation of how this works. I'm afraid we really need to look at Mastercoin for a roadmap here. Mastercoin looks much bigger than they actually are. The have like 10 sites with FAQs and explanations of the project. But they are actually a ways off from being ready. They've done a great job of explaining how early adopters will benefit if the project takes off. I think we should do the same. Show people the vision of the project and then tell them how they can get involved.
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You know..... ProtoShares are really difficult to explain without sounding like a scam. I recommend we focus on the up coming BitShare ecosystem as a whole. Then, we can talk about the soon to be released Keyhotee, urging people to get into Keyhotee early to secure a great name for the future. And, oh by the way, BitShares aren't out yet and can't be bought or mined. But! You can buy/mine protoShares to help support the current phase of development. Also, in reward to early adopters and help for growing the BitShares project, each ProtoShare will give you an equal Share of each future DAC released. And then you can have a simple explanation of how this works. I'm afraid we really need to look at Mastercoin for a roadmap here. Mastercoin looks much bigger than they actually are. The have like 10 sites with FAQs and explanations of the project. But they are actually a ways off from being ready. They've done a great job of explaining how early adopters will benefit if the project takes off. I think we should do the same. Show people the vision of the project and then tell them how they can get involved.
I think this is an excellent point, and anytime someone asked me to explain ProtoShares in Vegas, I backed up a bit and explained DACs, BitShares and then mentioned ProtoShares as how you can get into it all today.
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You know..... ProtoShares are really difficult to explain without sounding like a scam. I recommend we focus on the up coming BitShare ecosystem as a whole. Then, we can talk about the soon to be released Keyhotee, urging people to get into Keyhotee early to secure a great name for the future. And, oh by the way, BitShares aren't out yet and can't be bought or mined. But! You can buy/mine protoShares to help support the current phase of development. Also, in reward to early adopters and help for growing the BitShares project, each ProtoShare will give you an equal Share of each future DAC released. And then you can have a simple explanation of how this works. I'm afraid we really need to look at Mastercoin for a roadmap here. Mastercoin looks much bigger than they actually are. The have like 10 sites with FAQs and explanations of the project. But they are actually a ways off from being ready. They've done a great job of explaining how early adopters will benefit if the project takes off. I think we should do the same. Show people the vision of the project and then tell them how they can get involved.
I concur. Why don't we do this. Let's fix up the protoshares site so we have something. Then we perhaps can scrap it and roll it into the Bitshares site. I think we should simply market protoshares as a pre-order for our other products rather than a new magic coin.
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You know..... ProtoShares are really difficult to explain without sounding like a scam. I recommend we focus on the up coming BitShare ecosystem as a whole. Then, we can talk about the soon to be released Keyhotee, urging people to get into Keyhotee early to secure a great name for the future. And, oh by the way, BitShares aren't out yet and can't be bought or mined. But! You can buy/mine protoShares to help support the current phase of development. Also, in reward to early adopters and help for growing the BitShares project, each ProtoShare will give you an equal Share of each future DAC released. And then you can have a simple explanation of how this works. I'm afraid we really need to look at Mastercoin for a roadmap here. Mastercoin looks much bigger than they actually are. The have like 10 sites with FAQs and explanations of the project. But they are actually a ways off from being ready. They've done a great job of explaining how early adopters will benefit if the project takes off. I think we should do the same. Show people the vision of the project and then tell them how they can get involved.
I concur. Why don't we do this. Let's fix up the protoshares site so we have something. Then we perhaps can scrap it and roll it into the Bitshares site. I think we should simply market protoshares as a pre-order for our other products rather than a new magic coin.
But ProtoShares is a new magic coin. The first currency secured by the potential of an entire new industry. What's backing your coin?
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You know..... ProtoShares are really difficult to explain without sounding like a scam. I recommend we focus on the up coming BitShare ecosystem as a whole. Then, we can talk about the soon to be released Keyhotee, urging people to get into Keyhotee early to secure a great name for the future. And, oh by the way, BitShares aren't out yet and can't be bought or mined. But! You can buy/mine protoShares to help support the current phase of development. Also, in reward to early adopters and help for growing the BitShares project, each ProtoShare will give you an equal Share of each future DAC released. And then you can have a simple explanation of how this works. I'm afraid we really need to look at Mastercoin for a roadmap here. Mastercoin looks much bigger than they actually are. The have like 10 sites with FAQs and explanations of the project. But they are actually a ways off from being ready. They've done a great job of explaining how early adopters will benefit if the project takes off. I think we should do the same. Show people the vision of the project and then tell them how they can get involved.
I concur. Why don't we do this. Let's fix up the protoshares site so we have something. Then we perhaps can scrap it and roll it into the Bitshares site. I think we should simply market protoshares as a pre-order for our other products rather than a new magic coin.
But ProtoShares is a new magic coin. The first currency secured by the potential of an entire new industry. What's backing your coin?
We know that, but with coins like Dogecoin (http://dogecoin.com/) out there everyone is quite skeptical of everthing. The average consumer is going to make a choice in less than 60 seconds. It just comes down to good marketing for people to get people's initial attention so they realize the true value.
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What's backing your coin?
Great tagline, in my opinion. Provocative, and in turn begs the question back at PTS, which hooks them to learn more.
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What's backing your coin?
Great tagline, in my opinion. Provocative, and in turn begs the question back at PTS, which hooks them to learn more.
Now that you say that I like it too. We can use it. Have PTS tip address Stan?
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You know..... ProtoShares are really difficult to explain without sounding like a scam. I recommend we focus on the up coming BitShare ecosystem as a whole. Then, we can talk about the soon to be released Keyhotee, urging people to get into Keyhotee early to secure a great name for the future. And, oh by the way, BitShares aren't out yet and can't be bought or mined. But! You can buy/mine protoShares to help support the current phase of development. Also, in reward to early adopters and help for growing the BitShares project, each ProtoShare will give you an equal Share of each future DAC released. And then you can have a simple explanation of how this works. I'm afraid we really need to look at Mastercoin for a roadmap here. Mastercoin looks much bigger than they actually are. The have like 10 sites with FAQs and explanations of the project. But they are actually a ways off from being ready. They've done a great job of explaining how early adopters will benefit if the project takes off. I think we should do the same. Show people the vision of the project and then tell them how they can get involved.
I concur. Why don't we do this. Let's fix up the protoshares site so we have something. Then we perhaps can scrap it and roll it into the Bitshares site. I think we should simply market protoshares as a pre-order for our other products rather than a new magic coin.
But ProtoShares is a new magic coin. The first currency secured by the potential of an entire new industry. What's backing your coin?
DACs are service-based entities. I think we need to sell the service. So, "What's backing your coin?" is wonderful because it's the service and the usefulness of that service that's backing the coin. With invictus, it's actually a whole ecosystem of services. I want to put that system out in front and show people how awesome it is and will be. I think that's how we get more people on board with the project.
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You know..... ProtoShares are really difficult to explain without sounding like a scam. I recommend we focus on the up coming BitShare ecosystem as a whole. Then, we can talk about the soon to be released Keyhotee, urging people to get into Keyhotee early to secure a great name for the future. And, oh by the way, BitShares aren't out yet and can't be bought or mined. But! You can buy/mine protoShares to help support the current phase of development. Also, in reward to early adopters and help for growing the BitShares project, each ProtoShare will give you an equal Share of each future DAC released. And then you can have a simple explanation of how this works. I'm afraid we really need to look at Mastercoin for a roadmap here. Mastercoin looks much bigger than they actually are. The have like 10 sites with FAQs and explanations of the project. But they are actually a ways off from being ready. They've done a great job of explaining how early adopters will benefit if the project takes off. I think we should do the same. Show people the vision of the project and then tell them how they can get involved.
I concur. Why don't we do this. Let's fix up the protoshares site so we have something. Then we perhaps can scrap it and roll it into the Bitshares site. I think we should simply market protoshares as a pre-order for our other products rather than a new magic coin.
But ProtoShares is a new magic coin. The first currency secured by the potential of an entire new industry. What's backing your coin?
DACs are service-based entities. I think we need to sell the service. So, "What's backing your coin?" is wonderful because it's the service and the usefulness of that service that's backing the coin. With invictus, it's actually a whole ecosystem of services. I want to put that system out in front and show people how awesome it is and will be. I think that's how we get more people on board with the project.
+1
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If Stan doesn't want the tip, I'll gladly accept it for pointing the line out... ;)
PaM2aNK6B2EjUuj9TJ9irfEZkeuMWuetaM
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Tips have been paid to this who contributed most to the website.
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Thank you!
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If Stan doesn't want the tip, I'll gladly accept it for pointing the line out... ;)
PaM2aNK6B2EjUuj9TJ9irfEZkeuMWuetaM
That's fine with me. I say a lot of things without noticing if they are any good. Recognizing the value of a good line is what counts. :)
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Interesting thread.
Being a "newbie" in these circles, I offer a layman's perspective. Reading through the posts, clearly a brainstorming session. There are many good copyright proposals and other points brought up here. Even the misses because they help clarify issues. Then there's the underlying theme/discussion concerning broader marketing/branding issues e.g. Invictus/Protoshares/Bitshares in communicating your mission to people like myself loud and clear. One never gets a second chance to make a first impression.
In relation to this point I agree with Que23, Bytemaster. Recommend branding as Bitshares ASAP with Protoshares as a preliminary opportunity to get involved. You have a great chance to tie it in with the Keyhotee roll out etc. Get us motivated to participate in growing the Bitshare project.
Your USP
Foremost, your unique selling point then seems to be DAC. Unfortunately, just an acronym bereft of clear meaning or more importantly, value. Spelled out it gets worse. Even includes "corporation". Yikes. A bit of a misnomer even if not by definition. You already have a concise "What is DAC" on the Protoshares.net web, so for main page copyright I would simply link to info and limit its use to formal IDs e.g. "A decentralized person to person service platform based on Distributed Autonomous Corporation (DAC) technology". Even better, coin a new term for it. After all you are the leaders in the industry.
Benefits vs. Facts
Lighthouse put it nicely, "you should point out the actual advantages rather than just random bullet points". This being a tech thread the language used naturally reflects this with terms like "DAC", "ecosystem of services", "organic sets of conventions", "the world's first digital cryptographic corporation" etc. Though all accurate, to the uninformed, context is simply lost in translation. My point is, they communicate facts, where as your target needs to hear benefits! For example, if someone wants to sell me some software to help my office run better. What's going to clinch the deal for me is not the technical stuff but the sweet benefit of saved time and resulting freedom to knock off early Fridays for a nice afternoon round of golf.
So what are the benefits of DAC for me as a consumer? What kinds of applications are possible? In what areas? Limits? What "eco system of services" Que23? With Keyhotee I now know of one, I can imagine several but I'm sure It's the kind of people resident here that have a much broader grasp of intended and potential applications and I hope you expand that discussion here just on this critical point alone. I think tying this down will help a lot in delivering the edge you are looking for.
4 Two Word Descriptions of Protoshares
- Crowd investing
- Professionally developed
- Prosperity Bitshares
- Ethical incentive
- More than a currency
- Bitcoin on steroids :-)
- Keyhotee - your digital life secured (off topic but i like it-from Proto newsletter)
- Securing privacy
- Securing your digital life
- Your pass to a permanent seat at the world's first autonomous share trading platform
Describe DACs in 3 short, ~2 sentence descriptions.
- A Distributed Autonomous Corporation (DAC) is a decentralized, Open Source, peer-to-peer software platform that exists by voluntary user consensus alone. They can be created to perform a multitude of services, their stated mission executed without any outside interference whatsoever.
- A Distributed Autonomous Corporation (DAC) is a decentralized digital framework for corporations, immune to internal failure or external corruption. A platform empowering anyone with online access, to a secure and stable digital life regardless of race, age, nationality or location.
- A Distributed Autonomous Corporation (DAC) is an Open Source software solution that provides a platform for secure public and private services available to anyone with online access. Operated and financed by users provides a guarantee that the incentives of the investors and the incentives of the DAC remain aligned 100%.
Describe "Why Protoshares?" in 3 short, ~2 sentence descriptions.
- Bitshares is nearly poised to roll out and make its mark on history by becoming the world’s first truly autonomous online trading platform. Early investors into precursory Protoshares, will be rewarded with equal value in Bitshares once launched and an equivalent equity share in each new Invictus Innovations product release.
- Protoshares represent a unique opportunity for investors to play an active role in shaping the way business and much more will be done in the unfolding decentralized world economy and profit as well. The dawn of new solutions, ready finance for real projects, by real people as real stakeholders.
All I mostly did here is pick up on and rework/copyright some of the great stuff already here. I really like what you are doing and cant wait for the ride. Sad to have discovered here I'm too late for any mining. Maybe something for a little work then. Hang tough and merry Christmas. Although with keyhotee coming hope you get to enjoy them...
PowfS9TpEiW1WeGr1UHL69KeSEA91WvioP
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Interesting thread.
Being a "newbie" in these circles, I offer a layman's perspective. Reading through the posts, clearly a brainstorming session. There are many good copyright proposals and other points brought up here. Even the misses because they help clarify issues. Then there's the underlying theme/discussion concerning broader marketing/branding issues e.g. Invictus/Protoshares/Bitshares in communicating your mission to people like myself loud and clear. One never gets a second chance to make a first impression.
In relation to this point I agree with Que23, Bytemaster. Recommend branding as Bitshares ASAP with Protoshares as a preliminary opportunity to get involved. You have a great chance to tie it in with the Keyhotee roll out etc. Get us motivated to participate in growing the Bitshare project.
Your USP
Foremost, your unique selling point then seems to be DAC. Unfortunately, just an acronym bereft of clear meaning or more importantly, value. Spelled out it gets worse. Even includes "corporation". Yikes. A bit of a misnomer even if not by definition. You already have a concise "What is DAC" on the Protoshares.net web, so for main page copyright I would simply link to info and limit its use to formal IDs e.g. "A decentralized person to person service platform based on Distributed Autonomous Corporation (DAC) technology". Even better, coin a new term for it. After all you are the leaders in the industry.
Benefits vs. Facts
Lighthouse put it nicely, "you should point out the actual advantages rather than just random bullet points". This being a tech thread the language used naturally reflects this with terms like "DAC", "ecosystem of services", "organic sets of conventions", "the world's first digital cryptographic corporation" etc. Though all accurate, to the uninformed, context is simply lost in translation. My point is, they communicate facts, where as your target needs to hear benefits! For example, if someone wants to sell me some software to help my office run better. What's going to clinch the deal for me is not the technical stuff but the sweet benefit of saved time and resulting freedom to knock off early Fridays for a nice afternoon round of golf.
So what are the benefits of DAC for me as a consumer? What kinds of applications are possible? In what areas? Limits? What "eco system of services" Que23? With Keyhotee I now know of one, I can imagine several but I'm sure It's the kind of people resident here that have a much broader grasp of intended and potential applications and I hope you expand that discussion here just on this critical point alone. I think tying this down will help a lot in delivering the edge you are looking for.
4 Two Word Descriptions of Protoshares
- Crowd investing
- Professionally developed
- Prosperity Bitshares
- Ethical incentive
- More than a currency
- Bitcoin on steroids :-)
- Keyhotee - your digital life secured (off topic but i like it-from Proto newsletter)
- Securing privacy
- Securing your digital life
- Your pass to a permanent seat at the world's first autonomous share trading platform
Describe DACs in 3 short, ~2 sentence descriptions.
- A Distributed Autonomous Corporation (DAC) is a decentralized, Open Source, peer-to-peer software platform that exists by voluntary user consensus alone. They can be created to perform a multitude of services, their stated mission executed without any outside interference whatsoever.
- A Distributed Autonomous Corporation (DAC) is a decentralized digital framework for corporations, immune to internal failure or external corruption. A platform empowering anyone with online access, to a secure and stable digital life regardless of race, age, nationality or location.
- A Distributed Autonomous Corporation (DAC) is an Open Source software solution that provides a platform for secure public and private services available to anyone with online access. Operated and financed by users provides a guarantee that the incentives of the investors and the incentives of the DAC remain aligned 100%.
Describe "Why Protoshares?" in 3 short, ~2 sentence descriptions.
- Bitshares is nearly poised to roll out and make its mark on history by becoming the world’s first truly autonomous online trading platform. Early investors into precursory Protoshares, will be rewarded with equal value in Bitshares once launched and an equivalent equity share in each new Invictus Innovations product release.
- Protoshares represent a unique opportunity for investors to play an active role in shaping the way business and much more will be done in the unfolding decentralized world economy and profit as well. The dawn of new solutions, ready finance for real projects, by real people as real stakeholders.
All I mostly did here is pick up on and rework/copyright some of the great stuff already here. I really like what you are doing and cant wait for the ride. Sad to have discovered here I'm too late for any mining. Maybe something for a little work then. Hang tough and merry Christmas. Although with keyhotee coming hope you get to enjoy them...
PowfS9TpEiW1WeGr1UHL69KeSEA91WvioP
Wow! This was amazing. I read it three times.
You're right. We rarely talk about the project as a whole. The ecosystem, the Bitshares project is a rethinking of how the internet works. Instead of using your email and having to deal with passwords, Keyhotee will be your unique identifier that no one can fake. Keyhotee also helps you with your online money. DomainShares is a secure DNS service. Keyhotee and DomainShares combine to give you the most secure environment on the web. With Keyhotee, sites will always know who you are. With DomainShares, you will always know who the site is. There is no change to pull a man in the middle attack and there are no passwords or credentials that hackers can steal. Keyhotee handles your payments too, so you no longer have to worry about your credit cards being stolen.
I must admit that there are some holes in my understanding on how some of the other DACs fit into the system. You've motivated me to look into it.
On mining, hopefully AngelShares will roll out in January or so. It's a funding platform to help fuel development. https://bitsharestalk.org/index.php?topic=1429.0 The community is still debating this. I really hope you have some input on it.
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Guys, I'm wondering if all of the above is all too high brow and technical.
The reason I say this is because in not technically minded at all and I don't really understand it. I appreciate that most of the community at large are IT experts, that's why I'm supporting Protoshares but the key thing here is identifying who our market is.
My thinking is that the majority of technically minded ppl already identify with PTS as a worthy investment, however it's the 30-something young professional or recent retiree; who has a bit of disposable income available, has read about bitcoin and who would love to get involved ,if he just so knew how, and could wrap his head around it; that we need to be targeting.
Are we preaching to the converted?
Anyway enough preaching, how can this be done..
I think let's go back to basics..
Use me as a guinea pig.. I still can't wrap my head around it completely. Lets start with an example.. back when you first had a hotmail account.. explaining email to your gran..
What is email? Email is a revolutionary new way of staying in touch by computer.. like sending a letter without the need for a stamp.
OK moving on to Protoshares and using that model where you are explaining cryptos to that 30 something year old with money to burn over lunch.. "hey check out this link www.protoshares.com it will let you get involved."
Im going to work within Super3's framework and pose a few questions of my own..
Opening page..
Protoshares.. Crypt-equity!
You've heard of cryptocurrency..(what are cryptos link), know its the future... wish you were involved from the start and want to be involved in the next big thing?
Welcome to Protoshares, we see crytpocurrency as the future and need your backing to make it happen.
Get involved at the grass roots stage and reep the benefits.
What are Protoshares?
Protoshares are a means of investing in the future of cryptocurrency. Protoshares are mined just like bitcoin, this means they require computer power to be made.. computers breakdown complex algorithms cracking code to produce each unique piece of data, each Protoshare.
Our Unique selling point!
What makes us different than bitcoin?
Protoshares can then by bought, sold and invested without fees by miners and users alike.
But.. Protoshares are more than just another Bitcoin... Protoshares are an investment.
Aside from hassle free international money transfer, with faster transfer times and user anonymity Protoshares allow an investment opportunity.
In a young, volatile market a successor is needed to ensure stability.. every Protoshare you hold allows you to invest in something bigger.. the future of cryptocurrency, its workings, the hardware and software that surrounds it...we call it Crypt-equity.
Think of it like mining for gold and then investing that gold into something bigger.
How does it work? (i.e. what are DACS)
DACS: Tools for the crypto era
Here at Invictus (link 'about us') we aren't sitting happy having created our own cryptocurrency, rather we are hard at work in an active community creating tools for the cryptocurrency era.. we're talking e-wallets, trading platforms, unique trading ID's... (link to Keyhotee ID etc)
4 words/phrases
Secure, fee-free remittance
Equity
Grass-roots investment
Tools for the crypto era
In terms of the layman vs tech explanations a nice idea would be to use both.. beside each explanation have a Tech logo (the Tony Starks vs Joe Bloggs approach the Tech vs the layman) This link could be clicked on for the more technical explanations on each section.. Keeping it separate isnt a bad thing.. even the technically minded people dont mind a marketing spiel so long as it explains it adequately before they can get down to the nitty-gritty.
A final point is the concept of bitshares... I think the 1:1 allocation is a good idea.. i'm just wondering why is it necessary.. if branding and word of mouth is already established for Protoshares would it not be better to keep the name Protoshares but allow Protoshares to envolve into what Bitshares represent?
if what i say has value, by bounty or otherwise i appreciate the PTS ;) PY7zWXa1fx632te5jdqmkpuzuZ3zxdHveK
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Interesting thread.
Being a "newbie" in these circles, I offer a layman's perspective. Reading through the posts, clearly a brainstorming session. There are many good copyright proposals and other points brought up here. Even the misses because they help clarify issues. Then there's the underlying theme/discussion concerning broader marketing/branding issues e.g. Invictus/Protoshares/Bitshares in communicating your mission to people like myself loud and clear. One never gets a second chance to make a first impression.
In relation to this point I agree with Que23, Bytemaster. Recommend branding as Bitshares ASAP with Protoshares as a preliminary opportunity to get involved. You have a great chance to tie it in with the Keyhotee roll out etc. Get us motivated to participate in growing the Bitshare project.
Your USP
Foremost, your unique selling point then seems to be DAC. Unfortunately, just an acronym bereft of clear meaning or more importantly, value. Spelled out it gets worse. Even includes "corporation". Yikes. A bit of a misnomer even if not by definition. You already have a concise "What is DAC" on the Protoshares.net web, so for main page copyright I would simply link to info and limit its use to formal IDs e.g. "A decentralized person to person service platform based on Distributed Autonomous Corporation (DAC) technology". Even better, coin a new term for it. After all you are the leaders in the industry.
Excellent point.. I think the value of what DACs are is getting lost in the term.. Imagine saying Distributed Autonomous Corporation to someone over lunch.. the term would be completely lost on them.. it sounds too much like spin or marketing jargon.. you can be sure they wont be able to repeat it back to you a few minutes later..
Maybe brainstorming a new term for DACS would be a help.
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Interesting thread.
Being a "newbie" in these circles, I offer a layman's perspective. Reading through the posts, clearly a brainstorming session. There are many good copyright proposals and other points brought up here. Even the misses because they help clarify issues. Then there's the underlying theme/discussion concerning broader marketing/branding issues e.g. Invictus/Protoshares/Bitshares in communicating your mission to people like myself loud and clear. One never gets a second chance to make a first impression.
In relation to this point I agree with Que23, Bytemaster. Recommend branding as Bitshares ASAP with Protoshares as a preliminary opportunity to get involved. You have a great chance to tie it in with the Keyhotee roll out etc. Get us motivated to participate in growing the Bitshare project.
Your USP
Foremost, your unique selling point then seems to be DAC. Unfortunately, just an acronym bereft of clear meaning or more importantly, value. Spelled out it gets worse. Even includes "corporation". Yikes. A bit of a misnomer even if not by definition. You already have a concise "What is DAC" on the Protoshares.net web, so for main page copyright I would simply link to info and limit its use to formal IDs e.g. "A decentralized person to person service platform based on Distributed Autonomous Corporation (DAC) technology". Even better, coin a new term for it. After all you are the leaders in the industry.
Excellent point.. I think the value of what DACs are is getting lost in the term.. Imagine saying Distributed Autonomous Corporation to someone over lunch.. the term would be completely lost on them.. it sounds too much like spin or marketing jargon.. you can be sure they wont be able to repeat it back to you a few minutes later..
Maybe brainstorming a new term for DACS would be a help.
This argument has already played out. I was watching the mastercoin presentation on youtube and he actually mentioned the discussion he had with Invictus over the term DAC. The mastercoin guy doesn't like it either. You could use mastercoin's 'distributed applications' if you like it better. They're interchangeable almost. Since DACs pay dividends though, they are more corporation-like. The service a DAC performs charges a transaction fee. The fee is given to its shareholders--a dividend. This is how DACs create value.
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I would like to replace Corporation with Company
Company: a commercial business.
Corporation: a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
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[$20] 4 Two Word Descriptions of Protoshares.
Invest future,Equitable participation,...
[$50] Describe DACs in 3 short, ~2 sentence descriptions.
Digital World,Absolute trust,New Civilization,Valuable services,...
[$50] Describe "Why Protoshares?" in 3 short, ~2 sentence descriptions.
Complete ecosystem,...
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I would like to replace Corporation with Company
Company: a commercial business.
Corporation: a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
other options:
DAC: Decentralised Autonomous Community
DAC: Distributed Autonomous Community
DAC: Decentralised Autonomous Corporation
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I would like to replace Corporation with Company
Company: a commercial business.
Corporation: a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Was this just a passing thought? I'm giving you final say before I make the DAC wiki public.
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I would like to replace Corporation with Company
Company: a commercial business.
Corporation: a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Was this just a passing thought? I'm giving you final say before I make the DAC wiki public.
Yes... I do not wish to use Corporation any more, Company is better for the metaphor.
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I agree with this order. 1) Pitch Keyhotee as example. 2) Generalize with the concept of DACs. 3) Present Protoshares and Angelshares as an investment opportunity.
DACs should be pitched as a revolutionary new technological paradigm. Keyhotee should be introduced as the most promising short term application. Bitshares and Domainshares and other DACs are understood to be useful in the context of Keyhotee. Protoshares should be presented as an open kickstarter in the DAC community at large, and Angelshares as an Auxiliary for those who wish to support Invictus Innovations directly.
I tried to explain Protoshares to my mom the other day, and I ended up showing her the Keyhotee video. I think the average audience will take it on faith that for instance Bitshares and Domainshares are possible if the presentation is clean, and the interested reader can afford a small detour.
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Keyhotee is not a DAC, neither is Protoshares or Invictus.
Also I notice "Consensus" is lacking for the C - Is that not a more appropriate option? Even Company has implications about structure that are not neccesarily correct assumptions in the future before us.
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Let me see if I have got this right: Domainshares, the ID protocol for Keyhotee, and bitshares are DACs while Keyhotee itself is an application thriving on them? Protoshares is a DAC insofar as it is an autonomous cryptocurrency but not insofar as it involves a social contract for future shares?
BTW, you guys are doing an amazing job! This whole community inspires in me optimism about the future. I am browsing all this stuff in awe, investing more and more as I understand more and more.
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Let me see if I have got this right: Domainshares, the ID protocol for Keyhotee, and bitshares are DACs while Keyhotee itself is an application thriving on them? Protoshares is a DAC insofar as it is an autonomous cryptocurrency but not insofar as it involves a social contract for future shares?
BTW, you guys are doing an amazing job! This whole community inspires in me optimism about the future. I am browsing all this stuff in awe, investing more and more as I understand more and more.
Please checkout the DAC wiki (http://www.dac-wiki.org). BitShares and DomainShares will be DACs. Keyhotee is an ID, messaging and wallet system. IDs are non-transferable and there are no dividends, so it's not a DAC: it's more of an application. ProtoShares is a not so unique crypto that functions more like shares in the DAC project.
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Please checkout the DAC wiki (http://www.dac-wiki.org).
Nice. Thanks.