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Main => General Discussion => Topic started by: Stan on September 15, 2015, 06:15:12 pm

Title: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 06:15:12 pm
ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain

LottoShares will become the next major company to raise funds and share profits using BitShares.  It joins other recent additions including BanxShares, BunkerShares, and DACX who are using BitShares for variations on crowdfunding.  Consult your in loco parentis (https://en.wikipedia.org/wiki/In_loco_parentis) authorities concerning your eligibility to participate in any of these.

(http://lottoshares.com/wp-content/uploads/2015/08/lotto-works.jpg)

Sint Maarten, Caribbean— Founder of Della Terra LTD: Michael Taggart and CEO of Banx Capital: Mark Lyford have partnered with Fantasy SXM (http://in loco parentis) to create the first open and transparent physical lottery using blockchain technology. LottoShares is set to become a revolutionary lottery system with limitless potential; the first system to operate entirely on a decentralized platform.
 
Quote
“I am extremely interested in furthering blockchain based technology; BitShares technology is the most advanced in that category.  It is by far the most secure and un-hackable platform that boasts the fastest transaction times the financial industry has available providing consumers with peace of mind given the 100% transparency”. - Co-founder: Michael Taggart

This successful group of entrepreneurs strive to provide a safe, legal, and efficient gambling experience. LottoShares wants to give the public complete freedom of their finances in an intelligible way by offering options to those that are unbanked.

LottoShares is bringing a new methodology to the table.The public is able to help this venture blossom from start to finish. In return for the contribution, one would receive “digital ownership” of LottoShares, which will get 25% of the net profit from a physical lottery residing in beautiful St. Maarten.

LottoShares Distribution Chart Here (http://lottoshares.com/wp-content/uploads/2015/08/Capturefinal.png)

With the 100% transparency, Lottoshares tokens can be distributed, transferred, or sold globally. This time-sensitive abiding technology makes the saying “instant winnings” truly a reality.

Quote
“There are only 500,000 LottoShares available to the public and these shares will be purchased back with real earnings from a real physical lottery business. When the Fantasy Lottery becomes more successful, the share value should continue to increase each month. 

Michael continued the thought with, “The buyback of shares will decrease the availability of shares to the public resulting in an increase of value. Holders are aware that this continual buyback of shares which can positively affect the overall value. What can happen will be very interesting indeed”.

LottoShares is set to launch this week. Lyford and Taggart have expressed their excitement to increase the awareness of this continually innovative opportunity. The money raised during the contribution phase of the LottoShares launch will go to the expansion of operations, employment increase, and the cost to transfer this lottery onto the Bitshares blockchain platform.
 
BitSharesTalk Contact:  murderistic
LottoShares Contact: info@lottoshares.com

http://lottoshares.com/
http://lottoshares.com/how-it-works/
http://lottoshares.com/lottoshares-business-overview
http://lottoshares.com/blog/
http://lottoshares.com/lottoshares-evolutionizing-the-use-of-blockchain/
http://lottoshares.com/lottoshares-crowdfunding-through-blockchain/

(http://www.transanguilla.com/images/caribbean%20map.png)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ander on September 15, 2015, 06:16:34 pm
Lottoshares lives again!?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ander on September 15, 2015, 06:18:18 pm
Whats the distribution going to be for Lottoshares?  Is another sharedrop coming?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: onceuponatime on September 15, 2015, 06:23:01 pm
Very exciting!  Thanks Stan.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 06:23:21 pm
This has nothing to do with the old defunct blockchain.

This is a user issued asset for sale by a cool company in Sint Maarten run by some familiar names.

But we still have Indian Summer and Aussie Summer coming...  :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: xeroc on September 15, 2015, 06:23:41 pm
Are they going to use graphene tech? Any link to PlayDAC?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 06:25:20 pm
Nothing to do with Play.
This is a new UIA on BitShares.

(But those of you with a high midi-chlorian (http://kurvos.deviantart.com/art/Midi-chlorians-are-not-the-Force-374793003) count and the ability to read my recent posts closely might feel a small disturbance in the Force at this point.)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: tonyk on September 15, 2015, 06:31:29 pm

http://lottoshares.com/how-lottoshares-works/

"Partners 1-3 have made a social compact ..."
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ander on September 15, 2015, 06:37:55 pm
Now we need someone to run a poker site over Bitshares as well. ;)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: proctologic on September 15, 2015, 06:40:42 pm

http://lottoshares.com/how-lottoshares-works/

"Partners 1-3 have made a social compact ..."
+5%
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: clayop on September 15, 2015, 06:47:19 pm
What a coincidence! I'm in St. Maarten today  8)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 07:06:15 pm
Reserved for a few things
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 07:48:02 pm
Nothing to do with Play.
This is a new UIA on BitShares.

(But those of you with a high midi-chlorian (http://kurvos.deviantart.com/art/Midi-chlorians-are-not-the-Force-374793003) count and the ability to read my recent posts closely might feel a small disturbance in the Force at this point.)

You are so bad....

Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Akado on September 15, 2015, 08:14:28 pm
Didn't get the distribution chart. 25% to each partner, who are the partners? Is BitShares one of them? Or is it CNX?

Get those guys to get the casino Ronny mentioned https://bitsharestalk.org/index.php/topic,17820.0.html

Or at least partner up with them. Everyone wins. Huge potential for liquidity increase
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 08:20:20 pm
I have a few what-ifs...

What if putting the St. Maarten lottery onto BitShares doubled the size of the lottery?
What if that brought new income into the island economy?
What if the local government liked that and decided to support it?
What if as a result it became integrated with the local economy?
And used for instant transactions with nearby islands?
And what if that doubled the size of the lottery again?
And what if the government used it to solve its absentee ballot voting problems?
And a way to stay in contact with its expatriated youth abroad?
And what if that doubled the number of BitShares users? again?
And what if all those new users took advantage of all the other partner's services offered on the BitShares Exchange Network?
And what if this made the currency and lottery spread throughout the Caribbean?
And what if the local government really, really liked all that and made its taxes payable at a bitAsset discount?
And what if this whole process was a virtuous repeatable cycle?

...Just wondering.


Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 08:28:17 pm
Didn't get the distribution chart. 25% to each partner, who are the partners? Is BitShares one of them? Or is it CNX?

Get those guys to get the casino Ronny mentioned https://bitsharestalk.org/index.php/topic,17820.0.html

Or at least partner up with them. Everyone wins. Huge potential for liquidity increase

CNX is not involved except as a cheerleader.

As for your other great ideas, it's going to be a long hot summer.  :)

(http://www.pariscine.com/sites/default/files/affiches_allemagne/long_hot_summer_de.jpg)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: carpet ride on September 15, 2015, 08:39:35 pm
Excellent!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: fav on September 15, 2015, 08:42:12 pm
you can only buy it via bitcoin or wire... that's what it states on their site. what's the UIA ID?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Tuck Fheman on September 15, 2015, 08:43:10 pm
(http://www.pariscine.com/sites/default/files/affiches_allemagne/long_hot_summer_de.jpg)

(http://ericdye.it/wp-content/uploads/2015/03/Challenge-Accepted-Meme.jpg)
... but it will take some time. I will be back!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 08:46:26 pm
you can only buy it via bitcoin or wire... that's what it states on their site. what's the UIA ID?

It will be on the BitShares Exchange Network so there will be plenty more options.
Where we're going, we don't need roads...

Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: mf-tzo on September 15, 2015, 08:49:43 pm
"Where we're going, we don't need roads..."
 +5% +5% :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: liondani on September 15, 2015, 08:57:30 pm
"Where we're going, we don't need roads..."
 +5% +5% :)

(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http%3A%2F%2Fimages.nationalgeographic.com%2Fwpf%2Fmedia-live%2Fphotos%2F000%2F531%2Foverrides%2Fspace195-pleiades-messier-45_53101_600x450.jpg&sp=088d02d2823481c720c69630e2aa2271)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Tuck Fheman on September 15, 2015, 09:01:42 pm
Where we're going, we don't need roads...

(http://i.imgur.com/w37hKiq.png)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Akado on September 15, 2015, 09:07:55 pm
Didn't get the distribution chart. 25% to each partner, who are the partners? Is BitShares one of them? Or is it CNX?

Get those guys to get the casino Ronny mentioned https://bitsharestalk.org/index.php/topic,17820.0.html

Or at least partner up with them. Everyone wins. Huge potential for liquidity increase

CNX is not involved except as a cheerleader.

As for your other great ideas, it's going to be a long hot summer.  :)
[/center]

Congratulations Stan. Now, whether I want or not and recognizing it is something far fetched, you got me thinking we will have a BitShares Casino...

So, is BitShares considered to be a partner? Meaning, will BitShares be sharedropped 25% of lottoshares? That sounds quite a lot honestly

Also,
""Profit from the success of our company with a simple contribution and you will share a portion of our net profit."" how much is that portion and how much profit does the lottery had in the last 3 and 6 months? Edit: forget this. found the info on How LottoShares Works
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ander on September 15, 2015, 09:16:25 pm
Even if BTS gets no sharedrop its still good news, because it is a partnership that brings more transactions to Bitshares.  Transactions = fees = profits!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: phillyguy on September 15, 2015, 09:16:54 pm
My interpretation of the post is that there isn't a share drop here. I think it would have been mentioned if there were. I think there are 3 existing partners, plus holders of the UIA will make up the 4th. Is that right?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: santaclause102 on September 15, 2015, 09:19:39 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 09:22:55 pm
Even if BTS gets no sharedrop its still good news, because it is a partnership that brings more transactions to Bitshares.  Transactions = fees = profits!

...and more users = Transactions = fees = profits!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: fuzzy on September 15, 2015, 09:25:16 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: santaclause102 on September 15, 2015, 09:27:33 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 09:31:08 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

It's shares in the earnings of an existing licensed business in St Maarten being offered as a user issued asset on BitShares, so of course it will run on Graphene. BitShares Graphene. It's a business with big potential, but still a business, like many other businesses we want to serve.  Physical businesses don't share drop, they raise funds by selling something they own.  Like shares of their profits.

PLAY is different in almost every way.

Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Akado on September 15, 2015, 09:31:29 pm
Month 12
Net Profit: 2,990,000
Profit Payout: 110,000

That's ~3,68% is that good from a business perspective? Could someone explain, assuming those are good numbers, why? It's not that 3% seem a small number, I just don't understand that stuff and would like to know from someone who understands it, if possible
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: fuzzy on September 15, 2015, 09:33:05 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 15, 2015, 09:33:24 pm
My interpretation of the post is that there isn't a share drop here. I think it would have been mentioned if there were. I think there are 3 existing partners, plus holders of the UIA will make up the 4th. Is that right?

Yes.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 09:54:17 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 3 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 09:55:52 pm
Month 12
Net Profit: 2,990,000
Profit Payout: 110,000

That's ~3,68% is that good from a business perspective? Could someone explain, assuming those are good numbers, why? It's not that 3% seem a small number, I just don't understand that stuff and would like to know from someone who understands it, if possible

Ok looked at what you were looking at -

$2,990,000 is year to date net profit.

That means month 12 , $110,000 profit payouts for lottoshares holders (buyback) for that month
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: jaran on September 15, 2015, 10:00:21 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 10:00:49 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: santaclause102 on September 15, 2015, 10:06:13 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
I think the question we are all aksing ourselves here is how you will achieve that, which blockchain will you use and if you use an own / new chain will you use graphene?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Pheonike on September 15, 2015, 10:06:38 pm
They are just using Bisthares for tracking the shares and payouts  which is fine.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 10:09:48 pm
They are just using Bisthares for tracking the shares and payouts  which is fine.

Pretty much.  The goal though is what Stan alluded to.  Once we prove the model, we are going to pitch the Parliament on this to bring more business back to the Caribbean.

The other part to this is remittance...

The lotto already has payment cards that winnings are put on and are spendable on the island, etc.  You can load cards, play and get winnings.  Once the lottery is fully blockchain, we become a remittance option for them.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 10:10:43 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

It's shares in the earnings of an existing licensed business in St Maarten being offered as a user issued asset on BitShares, so of course it will run on Graphene. BitShares Graphene. It's a business with big potential, but still a business, like many other businesses we want to serve.  Physical businesses don't share drop, they raise funds by selling something they own.  Like shares of their profits.

PLAY is different in almost every way.

Great way to point out the difference there.  Thx Stan  +5%
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: tonyk on September 15, 2015, 10:50:56 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
I think the question we are all aksing ourselves here is how you will achieve that, which blockchain will you use and if you use an own / new chain will you use graphene?


I am with delulo here - no one is saying this is a bad thing in any way shape or form BUT it is falling short of the requirement to be a big announcement #11:

And the big question is the one he asks. Plus It is already stated on the website, @fuzz ,it is not the actual shares on the BTS blockchain it is just IOUs.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 11:07:07 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
I think the question we are all aksing ourselves here is how you will achieve that, which blockchain will you use and if you use an own / new chain will you use graphene?


I am with delulo here - no one is saying this is a bad thing in any way shape or form BUT it is falling short of the requirement to be a big announcement #11:

And the big question is the one he asks. Plus It is already stated on the website, @fuzz ,it is not the actual shares on the BTS blockchain it is just IOUs.

I do not think it falls short for the following reasons:

I do not know of anyone currently running this model of physical biz issuing digital tokens for crowdfunding purpose

Buyback of shares in this manner

Potential value speculation and marketcap

The Lotto will become a remittance for players once fully blockchain since winnings will be paid out in BitUSD, BitEURO

The lotto currently has payment cards that can be loaded or winnings placed on that are spendable around the island at retailers.  The opportunity there is just...wow

Once we prove the model, we are pitching Parliament on adopting this model to bring new biz to the island

Don't you feel like these are all amazing points that bring attention to BitShares as a potential crowdfunding platform?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ander on September 15, 2015, 11:08:06 pm
What I am hearing is that St. Maarten is going to be our future Bitshares island. ;) 
We shall all meet there to celebrate when BTS surpasses Bitcoin.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: tonyk on September 15, 2015, 11:13:04 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
I think the question we are all aksing ourselves here is how you will achieve that, which blockchain will you use and if you use an own / new chain will you use graphene?


I am with delulo here - no one is saying this is a bad thing in any way shape or form BUT it is falling short of the requirement to be a big announcement #11:

And the big question is the one he asks. Plus It is already stated on the website, @fuzz ,it is not the actual shares on the BTS blockchain it is just IOUs.

I do not think it falls short for the following reasons:

I do not know of anyone currently running this model of physical biz issuing digital tokens for crowdfunding purpose

Buyback of shares in this manner

Potential value speculation and marketcap

The Lotto will become a remittance for players once fully blockchain since winnings will be paid out in BitUSD, BitEURO

The lotto currently has payment cards that can be loaded or winnings placed on that are spendable around the island at retailers.  The opportunity there is just...wow

Once we prove the model, we are pitching Parliament on adopting this model to bring new biz to the island

Don't you feel like these are all amazing points that bring attention to BitShares as a potential crowdfunding platform?

IF/WHEN all [edit OK I will give you even if some meaningful % (say 10-15%) not necessarily all] winnings are being paid in BTS bitUSD - I am ready to change my mind on the spot.
Till then heeh just an IOU with a lot of promises.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 11:19:05 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
I think the question we are all aksing ourselves here is how you will achieve that, which blockchain will you use and if you use an own / new chain will you use graphene?


I am with delulo here - no one is saying this is a bad thing in any way shape or form BUT it is falling short of the requirement to be a big announcement #11:

And the big question is the one he asks. Plus It is already stated on the website, @fuzz ,it is not the actual shares on the BTS blockchain it is just IOUs.

I do not think it falls short for the following reasons:

I do not know of anyone currently running this model of physical biz issuing digital tokens for crowdfunding purpose

Buyback of shares in this manner

Potential value speculation and marketcap

The Lotto will become a remittance for players once fully blockchain since winnings will be paid out in BitUSD, BitEURO

The lotto currently has payment cards that can be loaded or winnings placed on that are spendable around the island at retailers.  The opportunity there is just...wow

Once we prove the model, we are pitching Parliament on adopting this model to bring new biz to the island

Don't you feel like these are all amazing points that bring attention to BitShares as a potential crowdfunding platform?

IF/WHEN all winnings are being paid in BTS bitUSD - I am ready to change my mind on the spot.
Till then heeh just an IOU with a lot of promises.

Fair enough.  The goal is to get it moved over then pay in BitUSD, etc and tie to cards. That allows for Phase 2 of our plan...
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ander on September 15, 2015, 11:28:06 pm
Fair enough.  The goal is to get it moved over then pay in BitUSD, etc and tie to cards. That allows for Phase 2 of our plan...

Thats awesome.  Even if all the partnership does is generate transactions and users for the Bitshares blockchain it would be a positive, if it does even more then its truly amazing.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 11:31:38 pm
We intend on paying 100% in bitUSD, bitEURO once converted over, since the card will be able to convert at POS it makes no difference to consumer what we pay in.  And when they give us cash we will convert it to bitUSD, bitEuro - so that will increase volume incoming and outgoing - hopefully my goal was to kickstart more action in our bitassets by increasing volume and showing it cn really work when used in a setting outside of the traditional "crypto" world.

Most of these people are unbanked, so it become an opportunity for us becoming an option for them to happen as well.

We will be using BitShares Graphene for issuing LottoShares and using bitassets on that chain for payouts.

Now on to the pesky question of how to run our entire online gaming on the blockchain...or rather which blockchain and how...
http://fantasysxm.com/games/slots

How would you do it?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Overthetop on September 15, 2015, 11:36:02 pm
More and more businesses are showing up around the BTS2.0 ecosystem.

It is a good sign

 +5%
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: konelectric on September 15, 2015, 11:37:07 pm
What I am hearing is that St. Maarten is going to be our future Bitshares island. ;) 
We shall all meet there to celebrate when BTS surpasses Bitcoin.
I'm in.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: tonyk on September 15, 2015, 11:41:56 pm
We intend on paying 100% in bitUSD, bitEURO once converted over, since the card will be able to convert at POS it makes no difference to consumer what we pay in.  And when they give us cash we will convert it to bitUSD, bitEuro - so that will increase volume incoming and outgoing - hopefully my goal was to kickstart more action in our bitassets by increasing volume and showing it cn really work when used in a setting outside of the traditional "crypto" world.

Most of these people are unbanked, so it become an opportunity for us becoming an option for them to happen as well.

We will be using BitShares Graphene for issuing LottoShares and using bitassets on that chain for payouts.

Now on to the pesky question of how to run our entire online gaming on the blockchain...or rather which blockchain and how...
http://fantasysxm.com/games/slots

How would you do it?

This single post, at least for me, is a much stronger selling pitch than the whole website you have put together.

 +5% and Good Luck!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 11:43:33 pm
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
I think the question we are all aksing ourselves here is how you will achieve that, which blockchain will you use and if you use an own / new chain will you use graphene?

In terms of the actual lottery being run entirely on blockchain, I would venture a guess to say a new chain should be created.  As it were, aren't most chains going to be interoperable in the new environment anyways?  If that is the case would there be a need for a new chain?  These are things to consider.  I lean toward the new chain.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 15, 2015, 11:47:02 pm
We intend on paying 100% in bitUSD, bitEURO once converted over, since the card will be able to convert at POS it makes no difference to consumer what we pay in.  And when they give us cash we will convert it to bitUSD, bitEuro - so that will increase volume incoming and outgoing - hopefully my goal was to kickstart more action in our bitassets by increasing volume and showing it cn really work when used in a setting outside of the traditional "crypto" world.

Most of these people are unbanked, so it become an opportunity for us becoming an option for them to happen as well.

We will be using BitShares Graphene for issuing LottoShares and using bitassets on that chain for payouts.

Now on to the pesky question of how to run our entire online gaming on the blockchain...or rather which blockchain and how...
http://fantasysxm.com/games/slots

How would you do it?

This single post, at least for me, is a much stronger selling pitch than the whole website you have put together.

 +5% and Good Luck!

Thanks Tony, I really appreciate your insight.  My goal from day one of working with the guys is to make it successful in every way I can assist.  Stan has something special in store for you in the announcements really soon regarding some work we have been doing ( I think coming this week as well), and I have another announcement on a separate  project I am hoping to release in the next few weeks.

 :D
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: konelectric on September 16, 2015, 12:10:15 am
We intend on paying 100% in bitUSD, bitEURO once converted over, since the card will be able to convert at POS it makes no difference to consumer what we pay in.  And when they give us cash we will convert it to bitUSD, bitEuro - so that will increase volume incoming and outgoing - hopefully my goal was to kickstart more action in our bitassets by increasing volume and showing it cn really work when used in a setting outside of the traditional "crypto" world.

Most of these people are unbanked, so it become an opportunity for us becoming an option for them to happen as well.

We will be using BitShares Graphene for issuing LottoShares and using bitassets on that chain for payouts.

Now on to the pesky question of how to run our entire online gaming on the blockchain...or rather which blockchain and how...
http://fantasysxm.com/games/slots

How would you do it?

This single post, at least for me, is a much stronger selling pitch than the whole website you have put together.

 +5% and Good Luck!

Thanks Tony, I really appreciate your insight.  My goal from day one of working with the guys is to make it successful in every way I can assist.  Stan has something special in store for you in the announcements really soon regarding some work we have been doing ( I think coming this week as well), and I have another announcement on a separate  project I am hoping to release in the next few weeks.

 :D
.     (https://imstrongenoughtobreak.files.wordpress.com/2015/07/enhanced-buzz-15057-1383155006-0.jpg) With anticipation
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 16, 2015, 12:17:14 am
Where we're going, we don't need roads...

(http://i.imgur.com/w37hKiq.png)

AWESOME! 

I haven't been in spirit there since 1969.
(And still those voices keep calling from far away...)

Brownies for you are headed your way!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: phillyguy on September 16, 2015, 12:28:07 am
Thanks for the slightly deeper dive in the comments Murderistic and Stan. This is an AWESOME announcement. Good luck and will be checking it out!!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 16, 2015, 12:46:47 am
Yet another blossoming from the St. Martin Mastermind networking retreat we told you about a year ago.
How many BitShares personalities can you find in this picture?

(http://i.gyazo.com/5706dedf0230db2027a5b2b18f6fd8a2.png)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: konelectric on September 16, 2015, 01:02:04 am
Yet another blossoming from the St. Martin Mastermind networking retreat we told you about a year ago.
How many BitShares personalities can you find in this picture?

(http://i.gyazo.com/5706dedf0230db2027a5b2b18f6fd8a2.png)
The tall guy looks like Max
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 01:02:41 am
Yet another blossoming from the St. Martin Mastermind networking retreat we told you about a year ago.
How many BitShares personalities can you find in this picture?

(http://i.gyazo.com/5706dedf0230db2027a5b2b18f6fd8a2.png)
The tall guy looks like Max
It is
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 16, 2015, 01:06:23 am
In terms of the actual lottery being run entirely on blockchain, I would venture a guess to say a new chain should be created.  As it were, aren't most chains going to be interoperable in the new environment anyways?  If that is the case would there be a need for a new chain?  These are things to consider.  I lean toward the new chain.

Two Interesting Coincidences
(I don't believe in Coincidences)

First, the apparent diameters of the moon and sun
when seen from Cryptonomex World Headquarters in Blacksburg, Virginia
are nearly identical

(https://i.gyazo.com/57053b589de42413e00433db2a60b813.png)

Second, the time between when each tumbler on a (provably fair) slot machine clunks into place
and the time it takes to produce a real-time Graphene block
are nearly identical:

(http://media.salon.com/2013/07/shutterstock_100557667.jpg)


And don't get me started on the mean airspeed velocity of African vs. European swallows...
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: donkeypong on September 16, 2015, 01:07:26 am
Terrific news, guys. Looking forward to watching this develop and promoting it when the time comes.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: konelectric on September 16, 2015, 01:31:34 am
And don't get me started on the mean airspeed velocity of African vs. European swallows...

Are they carrying coconuts? That dose matter in the Caribbean.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: joele on September 16, 2015, 01:40:38 am
I rather buy more BTS than invest in this.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: BTSdac on September 16, 2015, 01:57:53 am
it is an UIA on bitshares chain , I  like it 
because lotteryshares can easy have high safety ,high speed and low cost  block chain on BTS,
and also it could bring new people to BTS and meanwhile it share the people on BTS
It Win-Win
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 02:14:38 am
I rather buy more BTS than invest in this.

Why would you make that choice?

I think LottoShares brings a lot to the table in terms of relative stable profitability.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 02:38:17 am
And don't get me started on the mean airspeed velocity of African vs. European swallows...

Are they carrying coconuts? That dose matter in the Caribbean.

I don't know...
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: joele on September 16, 2015, 02:50:06 am
I rather buy more BTS than invest in this.

Why would you make that choice?

I think LottoShares brings a lot to the table in terms of relative stable profitability.
I hope so.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 16, 2015, 02:52:03 am
And don't get me started on the mean airspeed velocity of African vs. European swallows...

Are they carrying coconuts? That dose matter in the Caribbean.

I don't know...

Sure, if they carried it between two of them on a blockchain gripped by their dorsal feathers...
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 02:59:46 am
I rather buy more BTS than invest in this.

Why would you make that choice?

I think LottoShares brings a lot to the table in terms of relative stable profitability.
I hope so.

So from that perspective, look at it this way...

Fantasy Lotto has historically ran on over 30% total net profit per month.  With $150,000 per month in total revenue, LottoShares partners would split $50,000 in net profit fours ways (25% each).  Once the LottoShares contribution period of 90 days has passed, Fantasy Lotto projects having 3 X more employees and locations.  Our goal is to scale from the 25 employees to 100 employees.  With a net return of $12,000 per month, even if the Lottery remained static in growth, the NET ROI over 12 months would be estimated at $144,000.00 paid into LottoShares from a $520,000.00 initial contribution.

If that is the case, we are talking 28.8% growth in actual dollar value added to the asset if the business itself remains static in sales.  Not a bad return for anyone that wants to take advantage of that.

But you need to factor in greed.  Speculation and what people value it as now and long term.

The value of the shares itself from that perspective might skyrocket.

Consider this...If we are adding 50k a month in real cash infusion to LottoShares market value, while decreasing the amount of shares still left, the pendulum swings pretty far toward high value...

But if EVERY LottoShares holder held their shares during the buyback (not likely 100% but their could be a high hold rate which will influence this), people or a person that sold a very small amount for an obscene amount (because we are forced to buy back with the 25% every month), would push the value of shares all over the place.

I for one think that the share amount will continue to go up, especially if there is growth in the lottery itself.

Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 03:03:59 am
And don't get me started on the mean airspeed velocity of African vs. European swallows...

Are they carrying coconuts? That dose matter in the Caribbean.

I don't know...

Sure, if they carried it between two of them on a blockchain gripped by their dorsal feathers...

Like this?

(http://blogs.scientificamerican.com/guest-blog/files/2013/04/swallow_final.jpg)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 03:05:45 am
Can always use a little help on this:

https://bitcointalk.org/index.php?topic=1181559.0
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: donkeypong on September 16, 2015, 03:18:22 am
I rather buy more BTS than invest in this.

No need to choose just one. I'll take them both. Seriously, this Lotto thing looks like a good team with a good concept, so I am hopeful that they can succeed where earlier attempts have not (nothing in this space has failed yet; earlier attempts have not followed through). If this is built well, the business model is pretty well proven already and gamblers are getting a higher margin from the blockchain, so all they need to do is market the heck out of this and bring in some players who will spend. It ought to generate some solid returns.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 16, 2015, 03:21:56 am
And don't get me started on the mean airspeed velocity of African vs. European swallows...

Are they carrying coconuts? That dose matter in the Caribbean.

I don't know...

Sure, if they carried it between two of them on a blockchain gripped by their dorsal feathers...

Like this?

(http://blogs.scientificamerican.com/guest-blog/files/2013/04/swallow_final.jpg)

I think so, Brain, but wouldn't that throw their CMde stability derivative way off?

Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 03:26:02 am
And don't get me started on the mean airspeed velocity of African vs. European swallows...

Are they carrying coconuts? That dose matter in the Caribbean.

I don't know...

Sure, if they carried it between two of them on a blockchain gripped by their dorsal feathers...

Like this?

(http://blogs.scientificamerican.com/guest-blog/files/2013/04/swallow_final.jpg)

I think so, Brain, but wouldn't that throw their CMde stability derivative way off?

(http://a.tgcdn.net/images/products/additional/large/f297_airspeedvelocity.jpg)

I fixed that for you   ;)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 03:29:16 am
I rather buy more BTS than invest in this.

No need to choose just one. I'll take them both. Seriously, this Lotto thing looks like a good team with a good concept, so I am hopeful that they can succeed where earlier attempts have not (nothing in this space has failed yet; earlier attempts have not followed through). If this is built well, the business model is pretty well proven already and gamblers are getting a higher margin from the blockchain, so all they need to do is market the heck out of this and bring in some players who will spend. It ought to generate some solid returns.

I saw the defunct Lottoshares attempt and when the creator signed off he had THIS to say:

Update:

I've been trying to resolve two problems with LottoShares but have not managed to do so.

The first is a forking problem when the checkpointing server is running. The checkpointing server allows draws to take place but causes forks to take place when checkpoints aren't accepted by some clients.

The second is decentralizing the draw/random number generation. Using the block hash and a private key to generate unpredictable randomness is centralized and ultimately unsatisfactory. I think the second problem may only be resolvable in the context of a (bitshares style) delegate model.

Unfortunately I've been unable to resolve these problems in LTS despite a huge amount of effort. I have now decided to redirect my efforts to other projects.

Thanks to everybody who took part and I'm sorry it didn't turn out as well as we had all hoped.


Notice how when the original lottoshares guy gave up he referred to our delegate model as possible for fixing their problems.

With our model we are tied to a physical lottery with a customer base already there, not a digital lottery that needs to persuade customers, or find more in the same way.

It really is a crowdfunding model that happens to use a high profit margin example.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: donkeypong on September 16, 2015, 03:40:15 am
Yes, good catch. But please don't assume you have a customer base already intact. You will need to market it and bring in the players. I think what you're saying is that the customers already trust the physical model, which is true. And I have more respect for your background than to believe you'd put this out there without marketing it. Nevertheless, I will say it: the BitShares and crypto world is a small and insular group of people with a limited amount of disposable cash. We will be your partners/owners/boosters and we will use it recreationally. But please look beyond this group to grow your customer base.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 16, 2015, 04:09:16 am
Yes, good catch. But please don't assume you have a customer base already intact. You will need to market it and bring in the players. I think what you're saying is that the customers already trust the physical model, which is true. And I have more respect for your background than to believe you'd put this out there without marketing it. Nevertheless, I will say it: the BitShares and crypto world is a small and insular group of people with a limited amount of disposable cash. We will be your partners/owners/boosters and we will use it recreationally. But please look beyond this group to grow your customer base.

From a lottery perspective of players on island I am not concerned as much about that or revenue projections used in my last example.

From a LottoShares holders perspective, I 100% agree, I need to work hard at showing them WHY they should contribute, and hold.  Good input sir.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: fav on September 16, 2015, 05:27:05 am
What I am hearing is that St. Maarten is going to be our future Bitshares island. ;) 
We shall all meet there to celebrate when BTS surpasses Bitcoin.

quote me on it: I will be there once that happened.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: fav on September 16, 2015, 05:29:45 am
Yes, good catch. But please don't assume you have a customer base already intact. You will need to market it and bring in the players. I think what you're saying is that the customers already trust the physical model, which is true. And I have more respect for your background than to believe you'd put this out there without marketing it. Nevertheless, I will say it: the BitShares and crypto world is a small and insular group of people with a limited amount of disposable cash. We will be your partners/owners/boosters and we will use it recreationally. But please look beyond this group to grow your customer base.

From a lottery perspective of players on island I am not concerned as much about that or revenue projections used in my last example.

From a LottoShares holders perspective, I 100% agree, I need to work hard at showing them WHY they should contribute, and hold.  Good input sir.

when do you create the UIA onchain? I'd buy some for BTS
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: BunkerChainLabs-DataSecurityNode on September 16, 2015, 05:37:43 am
Congrats on the announcement!

I didn't get to see 'every' post in the thread so I might have missed it so forgive me if this repeats, but just wondering why BTS isn't the preferred method of payment?

We have a number of bridging options to allow people to convert btc to bts.. and vice versa. Perhaps even accept bitUSD?

Is it planned for 2.0 launch perhaps?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Musewhale on September 16, 2015, 06:02:56 am
+5% +5% +5%, great, good idea, i like it, just do it!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ben Mason on September 16, 2015, 08:01:01 am
Wow, this is a monumental announcement. Well done everyone involved. To gain encouragement from a state and as a potential use case.....wonderfully ambitious!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: nethyb on September 16, 2015, 08:50:52 am
 +5% Great announcement - I remember when Michael Taggart aka Michael X (https://twitter.com/_michaelx (https://twitter.com/_michaelx)) was very vocal on his twitter account (14K followers) when BitShares originally launched and appears to have excellent credentials (https://www.linkedin.com/in/michaelxmarketing/en (https://www.linkedin.com/in/michaelxmarketing/en))  in Marketing and Advertising. Best of luck LottoShares...
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: svk on September 16, 2015, 10:19:33 am
This is awesome,  +5%!

PS. When's the next St. Martin networking retreat?? :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: MrJeans on September 16, 2015, 10:37:10 am
Fair enough.  The goal is to get it moved over then pay in BitUSD, etc and tie to cards. That allows for Phase 2 of our plan...
Phase 2 sounds good, I'll start investing closer to this time :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: lakerta06 on September 16, 2015, 11:39:39 am
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Apache Server at lottoshares.com Port 80
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: MarkLyford on September 16, 2015, 11:49:25 am
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Apache Server at lottoshares.com Port 80

Back up now :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: cass on September 16, 2015, 12:43:05 pm
PS. When's the next St. Martin networking retreat?? :)

 :P
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Tuck Fheman on September 16, 2015, 02:43:04 pm
AWESOME! 

I haven't been in spirit there since 1969.
(And still those voices keep calling from far away...)

Brownies for you are headed your way!

(http://i.imgur.com/uQ9Gm3e.gif)
Thanks Stan!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: hadrian on September 16, 2015, 05:13:44 pm
And don't get me started on the mean airspeed velocity of African vs. European swallows...

Are they carrying coconuts? That dose matter in the Caribbean.

I don't know...

Sure, if they carried it between two of them on a blockchain gripped by their dorsal feathers...

Like this?

(http://blogs.scientificamerican.com/guest-blog/files/2013/04/swallow_final.jpg)

I think so, Brain, but wouldn't that throw their CMde stability derivative way off?

(http://a.tgcdn.net/images/products/additional/large/f297_airspeedvelocity.jpg)

I fixed that for you   ;)


PLEASE!!!! I'm not interested...
Will you ask your master if he wants to join my court at Camelot?

Funnily enough, Camelot is the licensed operator of the UK National Lottery (http://www.camelotgroup.co.uk/business/)!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 01:15:23 pm
Def having a hard time getting press for this. 

Coindesk just declined even doing a press release, when asked why they said

"Content + Product - want to steer clear of crowdsales for such an item.

Cheers

Keith"

In the meantime...http://www.coindesk.com/?s=crowdfund    -     http://www.coindesk.com/?s=gamble     -    http://www.coindesk.com/?s=casino

We could use a little help getting some attention on this.  Unfortunately, I cannot distribute it even through my own PR service due to syndication agreement on subject material  :(

The irony....

Brainstorm some ideas?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 01:36:51 pm
http://digitalmoneytimes.com/crypto-news/lottoshares-combines-blockchain-technology-physical-lottery/

Some social sharing and love on this would be great people!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: fuzzy on September 17, 2015, 01:48:20 pm
Def having a hard time getting press for this. 

Coindesk just declined even doing a press release, when asked why they said

"Content + Product - want to steer clear of crowdsales for such an item.

Cheers

Keith"

In the meantime...http://www.coindesk.com/?s=crowdfund    -     http://www.coindesk.com/?s=gamble     -    http://www.coindesk.com/?s=casino

We could use a little help getting some attention on this.  Unfortunately, I cannot distribute it even through my own PR service due to syndication agreement on subject material  :(

The irony....

Brainstorm some ideas?

I'd say let's support all the bitshares-based news outlets so they eventually become bigger than things like coin desk (if the keep bowing to the mining cartel masters). 

Most all places that are bitcoin and pow/pos centric seem to hate covering bitshares...

We need our own in-house versions...like bitshares blog and the French one that Estefantt is working great on with bus comrades :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 02:26:57 pm
Got some links for Bitshares news outlets?  I can put up a resource page in the media subforum and compile them there.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: jaran on September 17, 2015, 02:59:28 pm
How is the distribution of lottoshares going to work in the crowdfunding? 

If you only raise $100k are you going to split the 500k shares amongst the contributers based on how much they contribute?  Or is there a fixed price per lottoshare?

Sorry if it is stated somewhere but i could not find it.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: mint chocolate chip on September 17, 2015, 03:01:56 pm
I would have posted it to the BitShares Blog, but I have reservations in regards to the logo and other links on the site. The logo and links are to a gambling site which means I may be in violation of the major ad network I often use and may end up getting my entire site permanently blocked in many places that do not want their internet being used for gambling/related content.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Akado on September 17, 2015, 03:16:57 pm
Def having a hard time getting press for this. 

Coindesk just declined even doing a press release, when asked why they said

"Content + Product - want to steer clear of crowdsales for such an item.

Cheers

Keith"

In the meantime...http://www.coindesk.com/?s=crowdfund    -     http://www.coindesk.com/?s=gamble     -    http://www.coindesk.com/?s=casino

We could use a little help getting some attention on this.  Unfortunately, I cannot distribute it even through my own PR service due to syndication agreement on subject material  :(

The irony....

Brainstorm some ideas?
Why don't you show them those links and show there's no duality on their criteria? Also there are more cryptonews sites other than coinbase that people visit. Bitcoin Magazine, Bitcoinist, Cryptocoinsnews, etc
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 17, 2015, 03:17:55 pm
Def having a hard time getting press for this. 

Coindesk just declined even doing a press release, when asked why they said

"Content + Product - want to steer clear of crowdsales for such an item.

Cheers

Keith"

In the meantime...http://www.coindesk.com/?s=crowdfund    -     http://www.coindesk.com/?s=gamble     -    http://www.coindesk.com/?s=casino

We could use a little help getting some attention on this.  Unfortunately, I cannot distribute it even through my own PR service due to syndication agreement on subject material  :(

The irony....

Brainstorm some ideas?

Reverse psychology?

Governments Use Bitcoin Technology to Control Lotto Fever Outbreak in the Caribbean!

Then write the article from that angle and link to lottoshares.com as an example of the proposed solution and benefits to island economies.

Not only that, but it cures global warming and saves the whales!


Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: unreadPostsSinceLastVisit on September 17, 2015, 03:24:22 pm
How long has Fantasy Lotto been doing business and marketing to the Caribbean? How much in winnings have they paid out so far?
Does St. Martin sanction a public lottery?
Are there many other competitors in this sector?
How likely is the government of St. Martin to be amicable towards the project?
It says most Caribbean countries are unwilling to allow new private lotteries. Does that mean this will always be an online only lottery, and thus not limited to to the Caribbean?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 17, 2015, 03:27:49 pm
I would have posted it to the BitShares Blog, but I have reservations in regards to the logo and other links on the site. The logo and links are to a gambling site which means I may be in violation of the major ad network I often use and may end up getting my entire site permanently blocked in many places that do not want their internet being used for gambling/related content.

Publish a short article, whereever you can, making some observation about technical trends or the latest controversies and put the link to the web site in there.  Then link to that article as a case-in-point of the problem/solution/technology in your more mainstream posts.  Requires the reader to make an extra click, so make sure the intermediate article is short and punchy and all about clicking on the link to the web site.

Use funneling techniques to arrive there indirectly.




Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 03:29:26 pm
It is a licensed physical lottery and it can also perform online gaming as well. License is from Sint Maarten. It says that countries are unwilling to issue new licenses that's why this is such a unique and amazing opportunity, it was an opportunity that we had available to us to actually partner with somebody who was legally legitimate. For the question of how long, it is a newer lotto started this year, don't quote me on mumbers for payouts, but from the accounting paperwork that I saw, I gathered it was over the 6-figure mark in winnings paid
 within the first 60 days of operating.

Gov is ok with it as it is licenced.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 03:30:07 pm
Def having a hard time getting press for this. 

Coindesk just declined even doing a press release, when asked why they said

"Content + Product - want to steer clear of crowdsales for such an item.

Cheers

Keith"

In the meantime...http://www.coindesk.com/?s=crowdfund    -     http://www.coindesk.com/?s=gamble     -    http://www.coindesk.com/?s=casino

We could use a little help getting some attention on this.  Unfortunately, I cannot distribute it even through my own PR service due to syndication agreement on subject material  :(

The irony....

Brainstorm some ideas?
Why don't you show them those links and show there's no duality on their criteria? Also there are more cryptonews sites other than coinbase that people visit. Bitcoin Magazine, Bitcoinist, Cryptocoinsnews, etc
We tried, they said sorry nope decision final.

Yeah we've reached out to the rest of the normal crypto channels for news we're just waiting to hear back
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 03:30:59 pm
The problem is a lot of these places won't even allow us to put a link to our site or even mention the name of it either lotto shares or fantasy lottery
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: unreadPostsSinceLastVisit on September 17, 2015, 03:39:23 pm
Are there any plans to expand fantasy lotto beyond St. Martin?

Is it licensed on the Dutch side, the French side or both? (Are they two different governments?)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 03:47:24 pm
Two different governments on the island. It is on the Dutch side. Our current plans are for expansion to the Bahamas first and then from there
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: BunkerChainLabs-DataSecurityNode on September 17, 2015, 03:49:25 pm
1. Pay people to share the link in their facebook
2. Pay people to tweet the link in their twitter
3. Pay people to post about it in forums

Offering even $1 per posting with a burn budget of $500 would get you probably the same kind of reach that these so called crypto 'pr' sites get.

Use bitUSD to pay them out.... I again reference my earlier question in this thread as to why bitcoin is being used for payment and not bitshares/bitusd. It went unanswered.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 17, 2015, 03:54:59 pm
The problem is a lot of these places won't even allow us to put a link to our site or even mention the name of it either lotto shares or fantasy lottery

Ok, so you need a pseudonym that doesn't use any banned key words.

MoonShotSodas.com - sort of like  The Lemon Society during the old prohibition days.

(http://jonnicholdesign.com/wp-content/themes/Rolex/timthumb.php?src=http://jonnicholdesign.com/wp-content/uploads/2012/12/speakeasy-logo.png&h=250&w=550&zc=1)

Best to make your mainstream article a commentary on your landing pad article.

Drive the right eyeballs to it with an article like "Unique Caribbean Investment Opportunities"  and mix in a few other such opportunities that fit that headline.


Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 04:13:16 pm
1. Pay people to share the link in their facebook
2. Pay people to tweet the link in their twitter
3. Pay people to post about it in forums

Offering even $1 per posting with a burn budget of $500 would get you probably the same kind of reach that these so called crypto 'pr' sites get.

Use bitUSD to pay them out.... I again reference my earlier question in this thread as to why bitcoin is being used for payment and not bitshares/bitusd. It went unanswered.
Wasn't in any of the initial plans mostly. We were also going to be liquidating all Bitcoin directly to cash so we can expand operations and get a few other things in place, so I wasn't sure if adding to or putting additional sale pressure on bitshares and liquidating it would be the best.

Maybe I'm wrong, tell me I am and I'll consider it.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: BunkerChainLabs-DataSecurityNode on September 17, 2015, 04:44:41 pm
1. Pay people to share the link in their facebook
2. Pay people to tweet the link in their twitter
3. Pay people to post about it in forums

Offering even $1 per posting with a burn budget of $500 would get you probably the same kind of reach that these so called crypto 'pr' sites get.

Use bitUSD to pay them out.... I again reference my earlier question in this thread as to why bitcoin is being used for payment and not bitshares/bitusd. It went unanswered.
Wasn't in any of the initial plans mostly. We were also going to be liquidating all Bitcoin directly to cash so we can expand operations and get a few other things in place, so I wasn't sure if adding to or putting additional sale pressure on bitshares and liquidating it would be the best.

Maybe I'm wrong, tell me I am and I'll consider it.

New users, transaction charges, and volume would all flow through BitShares. If there is a sell pressure from community members getting involved they are just the same going to have to convert BTS to BTC this way.

This would also increase the liquidity in the bitUSD market, and shows the world a use case... instead this is just supporting Bitcoin as a payment solution instead of BitShares.

Given that the shares are issued in BitShares network,  I would have thought this would be a natural fit.

Why hand over the keys to the Lamborghini for the Model-T?

Maybe I am missing something? I understand its going to be converted to cash.. it only takes one processor to do that and there are numerous exchanges that support it... including CCEDK.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: fav on September 17, 2015, 04:46:13 pm
write an article for my blog and I'll post & promote it :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 17, 2015, 08:36:28 pm
write an article for my blog and I'll post & promote it :)

Will do thanks for the offer!  Have some writers getting on it.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: konelectric on September 18, 2015, 01:43:04 am
Michael X (@_michaelx) has put out something like 3 tweets on LottoShares. And I'm one of the very full that favorite and retweeted.  Back in the day before I was a prenewbie I thought Michael X was the founder of Bitshares X. Then I came here and figured it out. My point is that he's a great promoter,  take advantage of that.   
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Stan on September 18, 2015, 02:17:51 am
Michael X (@_michaelx) has put out something like 3 tweets on LottoShares. And I'm one of the very full that favorite and retweeted.  Back in the day before I was a prenewbie I thought Michael X was the founder of Bitshares X. Then I came here and figured it out. My point is that he's a great promoter,  take advantage of that.   

Not a day goes by that we don't...    :)
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: jaran on September 18, 2015, 03:45:03 am
How is the distribution of lottoshares going to work in the crowdfunding? 

If you only raise $100k are you going to split the 500k shares amongst the contributers based on how much they contribute?  Or is there a fixed price per lottoshare?

Sorry if it is stated somewhere but i could not find it.

Does anyone know the answer to the above?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 25, 2015, 05:51:07 am
 sorry guys I thought I answered this question but it must not have posted it. the answer is the sears are 80 cents per share until the first 200,000 shares are sold in the shares will be 1.20  per share for all remaining shares.

I will post something on the site to make sure that's updated so it's clear. Just so you know we are starting the timer on Friday.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Empirical1.2 on September 25, 2015, 03:35:21 pm
http://cointelegraph.com/news/115335/lottoshares-worlds-first-physical-lottery-on-the-blockchain

Quote
“I am extremely interested in furthering blockchain based technology; BitShares technology is the most advanced in that category. It is by far the most secure and un-hackable platform that boasts the fastest transaction times the financial industry has available providing consumers with peace of mind given the 100% transparency.”

 +5% Nice.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Ander on September 25, 2015, 04:06:28 pm
sorry guys I thought I answered this question but it must not have posted it. the answer is the sears are 80 cents per share until the first 200,000 shares are sold in the shares will be 1.20  per share for all remaining shares.

I will post something on the site to make sure that's updated so it's clear. Just so you know we are starting the timer on Friday.

Will they be purchasable as an asset in Bitshares? 
If so, will we also be able to sell them to others in Bitshares?
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: mint chocolate chip on September 25, 2015, 04:23:50 pm
I would have posted it to the BitShares Blog, but I have reservations in regards to the logo and other links on the site. The logo and links are to a gambling site which means I may be in violation of the major ad network I often use and may end up getting my entire site permanently blocked in many places that do not want their internet being used for gambling/related content.

Publish a short article, whereever you can, making some observation about technical trends or the latest controversies and put the link to the web site in there.  Then link to that article as a case-in-point of the problem/solution/technology in your more mainstream posts.  Requires the reader to make an extra click, so make sure the intermediate article is short and punchy and all about clicking on the link to the web site.

Use funneling techniques to arrive there indirectly.

http://bitsharesblog.com/lottoshares-transparent-lottery-on-the-bitshares-blockchain/
Good Luck!!!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 25, 2015, 05:04:22 pm
sorry guys I thought I answered this question but it must not have posted it. the answer is the sears are 80 cents per share until the first 200,000 shares are sold in the shares will be 1.20  per share for all remaining shares.

I will post something on the site to make sure that's updated so it's clear. Just so you know we are starting the timer on Friday.

Will they be purchasable as an asset in Bitshares? 
If so, will we also be able to sell them to others in Bitshares?

We will be buying them back from users, we may or may not allow the shares we buy back to be purchasable depending on how things go.  It is a user issued asset on the network, but not something like bitUSD that you can go in and out of.

I recommend if you are interested, to grab some. 
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 25, 2015, 05:43:28 pm
I would have posted it to the BitShares Blog, but I have reservations in regards to the logo and other links on the site. The logo and links are to a gambling site which means I may be in violation of the major ad network I often use and may end up getting my entire site permanently blocked in many places that do not want their internet being used for gambling/related content.

Publish a short article, whereever you can, making some observation about technical trends or the latest controversies and put the link to the web site in there.  Then link to that article as a case-in-point of the problem/solution/technology in your more mainstream posts.  Requires the reader to make an extra click, so make sure the intermediate article is short and punchy and all about clicking on the link to the web site.

Use funneling techniques to arrive there indirectly.

http://bitsharesblog.com/lottoshares-transparent-lottery-on-the-bitshares-blockchain/
Good Luck!!!
Thank You!
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 25, 2015, 06:35:21 pm
http://cointelegraph.com/news/115335/lottoshares-worlds-first-physical-lottery-on-the-blockchain

Not the best article, but at least it's had some views.  PLease feel free to help share it to get exposure.
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: CLains on September 25, 2015, 08:51:00 pm
http://cointelegraph.com/news/115335/lottoshares-worlds-first-physical-lottery-on-the-blockchain

Not the best article, but at least it's had some views.  PLease feel free to help share it to get exposure.

 +5%
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on September 30, 2015, 07:54:42 pm
We have revised the contribution method to be easier and even more secure, and are starting the timer tomorrow.

We originally we were going to launch about a week ago with the timer countdown, but after a few security concerns, I pushed it back to address them.

Now the method of contribution is much simpler, and tracking of all funds easier.

Even better, we are doing a live discussion with a Q & A tomorrow:

http://linksfrom.us/lottoshares

Please join and ask questions.

As for DataSecurityNode asking about BitUSD contributions:  We have decided to indeed allow those to come to us as well and will be updating the site to include a wallet address for that.

 :D

Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on October 01, 2015, 06:33:54 pm
Here is the replay of the Question and Answer presentation:

http://linksfrom.us/lottoshares-replay

and a copy of the presentation:

http://linksfrom.us/lotto-presentation
Title: Re: ANNOUNCEMENT 11 - LottoShares set to Shake Up Crowdfunding through Blockchain
Post by: Murderistic on October 05, 2015, 04:18:26 pm
We hit $10k+ in donations, and we haven't even started our marketing campaign.

I have a few large dollar wire commitments (verbal commitments, we will see if they come through - they should though), so I am contacting them to get that completed.

Please spread the word, please share on social media, etc:

https://bitcoinmagazine.com/articles/lottoshares-set-to-shake-up-crowdfunding-through-blockchain-1442707233

And please tell folks you think may be interested in it.

Thx team!