If BTS value comes primarily from our network effect then we should be incentivising basic coins that have a large userbase to migrate to our blockchain.
MKR and BANX have recently migrated to our blockchain as they benefit from not having to run their own blockchain plus many other features.
Storj have announced they intend to leave the counterparty coloured coin system (bitcoin blockchain)
https://www.reddit.com/r/ethtrader/comments/49ce5u/storj_probably_moving_out_of_counterparty/ (https://www.reddit.com/r/ethtrader/comments/49ce5u/storj_probably_moving_out_of_counterparty/)
I think other tokens that use counterparty would be a good target to start with. View their top 10 here: https://xcpassets.org/ (https://xcpassets.org/)
Also Startcoin would be a prime candidate for migration due to the fact it is just a basic coin that transfers yet has users and publicity. (I have reached out to them already)
If any of you have contacts or know the creators of any top 100 Coinmarketcap coins it would be great if you could reach out to them and make the case for a native migration.
Theres a bunch of UIA coin names I have reserved for a future exchange that I will gladly handover to the corresponding coins should they wish to migrate natively to our blockchain.
Which other basic coins/ feeshare tokens can you think of that would benefit from migrating?
It's not a bad idea but look at the https://coinmarketcap.com/assets/views/all/Do they have a fee system as sophisticated as us?
17 of the top 20 blockchain based assets & communities are on XCP, NXT & MSC.
Yet XCP + NXT + MSC = < BTS
Obviously it's not bad a bad thing to attract as many people as possible but thus far that strategy hasn't translated into increased network effect and value for the underlying blockchains that attract those coins and communities.
It's not a bad idea but look at the https://coinmarketcap.com/assets/views/all/Do they have a fee system as sophisticated as us?
17 of the top 20 blockchain based assets & communities are on XCP, NXT & MSC.
Yet XCP + NXT + MSC = < BTS
Obviously it's not bad a bad thing to attract as many people as possible but thus far that strategy hasn't translated into increased network effect and value for the underlying blockchains that attract those coins and communities.
What exactly is Storj currently getting out of Counterparty? Just the ability to trade a token? If so we could certainly do so far better. Looks they're considering integrating with ETH though which I suppose will allow them to offer storage to smart contracts which could be useful.
What exactly is Storj currently getting out of Counterparty? Just the ability to trade a token? If so we could certainly do so far better. Looks they're considering integrating with ETH though which I suppose will allow them to offer storage to smart contracts which could be useful.
I don't understand. Why would a sophisticated fee system translate into increased network effect and value for the underlying blockchain those assets are based on?Take a look at what happens in Ethereum already: Developers complain about high fee prices.
I don't understand. Why would a sophisticated fee system translate into increased network effect and value for the underlying blockchain those assets are based on?Take a look at what happens in Ethereum already: Developers complain about high fee prices.
Basically because the fee in Ethereum depends on the architecture of the contract you want to run .. but NOT on the value that the smart contract brings to Ethereum as a business. They could reduce the fees and thus remove a chunk of their "income" (so to speak) .. or increase the fee and lose developers/dapps .. and all of this just because they cannot give different fees to different apps ..
We lack a "Get listed on BitShares DEX" button on bitshares.org
i like the overall sentiment and this should be one area of our marketing someone runs with. Has anyone reached out to the SuperNET crew? they've pulled in some minor coins to their project, so pulling them into ours could have added synergy.
We lack a "Get listed on BitShares DEX" button on bitshares.org
I never thought about that, it's a good idea +5%i like the overall sentiment and this should be one area of our marketing someone runs with. Has anyone reached out to the SuperNET crew? they've pulled in some minor coins to their project, so pulling them into ours could have added synergy.
Or have them migrate the entire thing here :P
We lack a "Get listed on BitShares DEX" button on bitshares.org
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
i say go for it!
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
i say go for it!
On top of the Get listed on the Bitshares DEX, we should also have "BitShares is looking for business partners" or "Looking to help new businesses/services" and then we show multiple use cases and how our tech can help, ie: exchanges, crowdfunding, etc
That should help attract new businesses, people will immediately know they can use BitSHares for
On top of the Get listed on the Bitshares DEX, we should also have "BitShares is looking for business partners" or "Looking to help new businesses/services" and then we show multiple use cases and how our tech can help, ie: exchanges, crowdfunding, etc
That should help attract new businesses, people will immediately know they can use BitSHares for
Tough to make that case when just last week the community decided to remove the partners section of the forum claiming we should have no partners.
https://bitsharestalk.org/index.php/topic,21699.0.html
On top of the Get listed on the Bitshares DEX, we should also have "BitShares is looking for business partners" or "Looking to help new businesses/services" and then we show multiple use cases and how our tech can help, ie: exchanges, crowdfunding, etc
That should help attract new businesses, people will immediately know they can use BitSHares for
Tough to make that case when just last week the community decided to remove the partners section of the forum claiming we should have no partners.
https://bitsharestalk.org/index.php/topic,21699.0.html
Partners or 3rd party services, I think it's just semantics.. The idea is to advertise we want businesses and services using BitShares and have them quickly understand how they can do it via use cases
On top of the Get listed on the Bitshares DEX, we should also have "BitShares is looking for business partners" or "Looking to help new businesses/services" and then we show multiple use cases and how our tech can help, ie: exchanges, crowdfunding, etc
That should help attract new businesses, people will immediately know they can use BitSHares for
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
i say go for it!
Paging @cass
Edit: One of our long time member, Adam listed his coin LTBcoin in counterparty. Perhaps we can invite him to move LTBcoin to bts.
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
i say go for it!
Paging @cass
Edit: One of our long time member, Adam listed his coin LTBcoin in counterparty. Perhaps we can invite him to move LTBcoin to bts.
ok and what should happen when user hits the button?
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
i say go for it!
Paging @cass
Edit: One of our long time member, Adam listed his coin LTBcoin in counterparty. Perhaps we can invite him to move LTBcoin to bts.
ok and what should happen when user hits the button?
Took the thought right out of my brain Cass. Getting "listed" involves much more than slapping a link on a website. We need a complete and simple step by step plan of what it takes for people who know very little about BitShares to integrate on our DEX. Frankly I don;t even know what it would take for a "foreign" coin to be tradeable. Are we talking something like an IOU UIA such as Open.BTC or something else?
My 2 cents
Get listed on BitShares DEX:
- Migrate natively
- Get Listed as an IOU from one of our Exchange
- Get Listed as a MPA
* Create a new Asset
+ a little HowTo for the tricky part when you click on one of the list item
We lack a "Get listed on BitShares DEX" button on bitshares.org
Nice idea, Anyone disagree with this?
i say go for it!
Paging @cass
Edit: One of our long time member, Adam listed his coin LTBcoin in counterparty. Perhaps we can invite him to move LTBcoin to bts.
ok and what should happen when user hits the button?
Took the thought right out of my brain Cass. Getting "listed" involves much more than slapping a link on a website. We need a complete and simple step by step plan of what it takes for people who know very little about BitShares to integrate on our DEX. Frankly I don;t even know what it would take for a "foreign" coin to be tradeable. Are we talking something like an IOU UIA such as Open.BTC or something else?
It could link to BitShares documentation about that.
For example, there is already documentation on how to get an exchange working on top of BitShares, we should have the same like "Deploy your Exchange on BitShares" and having it redirect to http://docs.bitshares.eu/integration/exchanges/index.html