BitShares Forum

Main => General Discussion => Topic started by: SolomonSollarsNSense on April 11, 2016, 04:34:05 am

Title: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on April 11, 2016, 04:34:05 am
(http://i.imgur.com/TSciYH3.jpg)
(http://i.imgur.com/iVCUy6U.png) (http://newmoney.sollars.com)(http://i.imgur.com/QFmq1WF.png) (https://twitter.com/sollarsandsense)  (http://i.imgur.com/y6TkJ4w.png) (http://launch.sollars.com)  (http://i.imgur.com/YDgShKw.png) (https://www.youtube.com/channel/UCDZ_ewjtQGwF6SWy7Y7YPzQ)  (http://i.imgur.com/L6LV9Zb.png) (https://www.facebook.com/newmoney777/)



Our Pre-Sale was a great success! Our early supporters helped the project to raise a little over $65000
in less than two weeks.


1.00 BTS / 0.00001480 BTC / 0.0005309 ETH = 540,000 SOLCERTS available in this Tier
1.05 BTS / 0.00001555 BTC / 0.0005578 ETH = 450,000 SOLCERTS available in this Tier
1.25 BTS / 0.00001850 BTC / 0.0006637 ETH = 2,000,000 SOLCERTS available in this Tier
2.00 BTS / 0.00002950 BTC / 0.001058 ETH = 500,000 SOLCERTS available in this Tier
2.50 BTS / 0.00003705 BTC / 0.001329 ETH = 1,000,000 SOLCERTS available in this Tier
3.00 BTS / 0.00004444 BTC / 0.001594 ETH = 500,000 SOLCERTS available in this Tier
5.00 BTS / 0.00007415 BTC / 0.002222 ETH= 1,000,000 SOLCERTS available in this Tier
______________________________________________________________________________________________________________


Original Announcement Thread (https://bitsharestalk.org/index.php/topic,22007.0.html)
Thank you to all who participated! Pre-Sale is now closed.

___________________________________________________________________________________________________________________


Official ICO will begin April 14th 2016 at 12pm noon (CST) (Chicago)

(http://i.imgur.com/JUko5FI.gif)


Remember we are building the NEXT DOLLAR NOT THE NEXT BITCOIN.
This is not a crypto-currency project. Its the only New Money project. And its powered by Bitshares.


We are the iTunes of Digital Currency and we are looking to be used by mainstream consumers
right from the very start. This is why (http://newmoney.sollars.com/new-money-explaining-new-money-project/) we are starting in Hollywood: (http://newmoney.sollars.com/new-money-first-mission-take-hollywood-2/)

NEW MONEY: Hollywood's Revolution Will Be Televised

Hollywood (https://vimeo.com/150389261)
From this start in Hollywood we will expand to other projects and initiatives
 that use Sollars and sense to increase world demand and spur on
positive economic growth.


(http://i.imgur.com/0DxpBGi.png)
______________________________________________________________________________________________________________


SOLCERTS (token)

___________________________________________________________________________________________________________________
To accomplish navigating this road to mass adoption we want to maximize our independence of the old systems for funding. So we will be using crypto assets to fund ourselves out of thin air. This was a scheme successfully started by Bitcoin and greatly improved upon with pioneering technologies from Bitshares, Ethereum and emunie just to name a few. We will continue this tradition with  SoLCerts (pronounced: soul-serts). We have created SoLCerts to auction off as a way to get early supporters to contribute and donate to our project in exchange for the token. They represent Future Sollars and $ense today.


SOLCERT ICO FOUR DAY BONUS!
First four days will come with the following bonuses

Day1: 30% Day2: 15% Day3: 10% Day4: 5%
Example: Purchase 1000 SoLCerts on Day 1 get 1300
First Come FIRST SERVED


SoLCert Properties
Official Token - Represents a Future Sollar or 100 $ense today
Launched on OpenLedger as UIA (token)

Amount available:
10,000,000 (non-divisible)

Amount left to be Auctioned:
About 4,000,000 (non-divisible)
 
SOLCERT ICO Period:
28 Days

Primary Sold In
Bitcoin, Ether, and Bitshares

Escrow Management
OpenLedger Registrar CCDEK ApS
Contact Ronny at [email protected] or PM ccedk BitsharesTalk or ccedkaps BitcoinTalk

Use of Funds Raised
100% to KickStarter + Seed Round
The New Money Project’s first product platform's development

Technical Development (Partners)
Cryptonomex (https://cryptonomex.com) and Muse Project (http://museblockchain.com)
For KickStarter and Future Development

Learn More About SoLCerts (watch)
Part 1 (https://www.youtube.com/watch?v=SnjI9jEbDak)  Part 2 (https://www.youtube.com/watch?v=ifJJUOHDKjs)  Part 3 (https://www.youtube.com/watch?v=ZfORL9mCiwI)  Part 4 (https://www.youtube.com/watch?v=rj0kAepxJ7g)  Part 5 (https://www.youtube.com/watch?v=h5kzbxxO19A)


New ICO Auction Tiers
Can Purchase in Increments of 5000
Each tier is the Price You PAY PER SoLCert in your favorite crypto-currency


10 BTS / 0.0001485 BTC / 0.006232 ETH = 200,000 SOLCERTS available in this Tier
12 BTS / 0.0001615 BTC  / 0.006778 ETH = 200,000 SOLCERTS available in this Tier
13 BTS / 0.0001749 BTC  / 0.007341 ETH = 100,000 SOLCERTS available in this Tier
15 BTS / 0.0002 BTC / 0.008393 ETH = 100,000 SOLCERTS available in this Tier
16 BTS / 0.0002153 BTC / 0.009036 ETH = 100,000 SOLCERTS available in this Tier
18 BTS / 0.0002422 BTC / 0.01016 ETH = 300,000 SOLCERTS available in this Tier
20 BTS / 0.0003 BTC / 0.01259 ETH = 100,000 SOLCERTS available in this Tier
22 BTS / 0.0002961 BTC / 0.01242 ETH = 200,000 SOLCERTS available in this Tier
23 BTS / 0.0003095 BTC  / 0.01298 ETH = 100,000 SOLCERTS available in this Tier
25 BTS / 0.0003707 BTC / 0.01555 ETH = 200,000 SOLCERTS available in this Tier
27 BTS / 0.0003633 BTC / 0.01524 ETH = 100,000 SOLCERTS available in this Tier
28 BTS / 0.0003768 BTC / 0.01581 ETH = 100,000 SOLCERTS available in this Tier
29 BTS / 0.0003903 BTC / 0.01638 ETH = 100,000 SOLCERTS available in this Tier
30 BTS / 0.0004444 BTC / 0.01865 ETH = 500,000 SOLCERTS available in this Tier
50 BTS / 0.0007444 BTC / 0.03124 ETH = 500,000 SOLCERTS available in this Tier
REMEMBER FIRST COME FIRST SERVED!


Promotion Promotion Promotion!!
Our greatest problem is that not enough people know about us. Great problem to have but this will change with the ICO.
Your donation was your investment in this project. It benefits YOU that more people know us.

Bounties/Quests COMING
Sig campaign along with other bounties designed to get our message out there coming soon.

FAQs About New Money Project
 All of Your Burning Questions Answered (https://medium.com/@sollarsandsense/new-money-faqs-2d5e8e730caf#.t7sj1q2fa)

Escrow/OpenLedgerContact
ronny[member=23432]ccedk[/member].com


IMPORTANT RISK AND DISCLAIMER
https://medium.com/@sollarsandsense/new-money-other-useful-information-7ca1176cf395


BIG PR ANNOUNCEMENT ARTICLES
COMING SOON! STAY TUNED!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on April 11, 2016, 10:26:53 am
 +5% +5% :)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: liondani on April 11, 2016, 10:50:18 am
Since it last 28 more days I assume the bonuses are not for Day 1,2,3,4 but for week 1,2,3,4
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: openledger on April 11, 2016, 02:26:01 pm
Since it last 28 more days I assume the bonuses are not for Day 1,2,3,4 but for week 1,2,3,4

It is as far as I know meant for it only to be  with special benefits first four days, so no, it does not cover weeks, but only four days.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: JA on April 11, 2016, 03:02:40 pm
im confused i sent 5 bts days ago and didnt recieve anything

it said 5.00 BTS / 0.00007415 BTC / 0.002222 ETH= 1,000,000 SOLCERTS available in this Tier

so was i too late or something?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Thom on April 11, 2016, 03:10:11 pm
im confused i sent 5 bts days ago and didnt recieve anything

it said 5.00 BTS / 0.00007415 BTC / 0.002222 ETH= 1,000,000 SOLCERTS available in this Tier

so was i too late or something?

No. The SOLCERTS will be sent after ICO if I'm not mistaken. I thought they would be sent at the end of the presale but I have not seen them yet either.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 11, 2016, 04:10:10 pm
im confused i sent 5 bts days ago and didnt recieve anything

it said 5.00 BTS / 0.00007415 BTC / 0.002222 ETH= 1,000,000 SOLCERTS available in this Tier

so was i too late or something?

Hey JabbaDabbaDoooo! Nice to see you again  ;D

No you are not late. As [member=21490]Thom[/member]  implied your SOLCERTs will be deposited to your wallet AFTER the ICO which lasts for 28 days starting this Thursday at 12pm CST

Since it last 28 more days I assume the bonuses are not for Day 1,2,3,4 but for week 1,2,3,4

It is as far as I know meant for it only to be  with special benefits first four days, so no, it does not cover weeks, but only four days.

Ronny is correct. It is only for the first four days. Word is already spreading far and wide so very happy right now  :) FIRST COME FIRST SERVED.

New content coming soon!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Shentist on April 11, 2016, 04:22:29 pm
im confused i sent 5 bts days ago and didnt recieve anything

it said 5.00 BTS / 0.00007415 BTC / 0.002222 ETH= 1,000,000 SOLCERTS available in this Tier

so was i too late or something?

you send 5 BTS? minimum was 1000 BTS i think.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: jambo110 on April 11, 2016, 04:39:38 pm
yes amounts of 1000 bts i made slight mistake first time around.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 11, 2016, 07:56:36 pm
yes amounts of 1000 bts i made slight mistake first time around.

Hey Jambo minimum was 1000 SOLCERTs not BTS. Mimimum for the ICO is 5000 SOLCERTs. Hope that clears things up. Thanks guys.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: openledger on April 11, 2016, 11:29:43 pm
OpenLedger and its registrar CCEDK is the official escrow of the SOLCERT ICO - Welcome to the NEW MONEY project.


Welcome to OpenLedger - Smart Trading Decentralized

Ronny Boesing
CCEDK / OpenLedger


We're proud to launch our brand new OpenLedger promo.
It's called "OpenLedger - You are in Control"
Watch it here :
 
(http://i64.tinypic.com/ekqo2v.png)
 (https://www.youtube.com/watch?v=JG_XiOdbum8) Click the image to watch the video !

If you have not yet opened an account, now is the time.  Just follow the "Get Started" video (Tutorial #1) below for the best first-time experience. Welcome.

Check out our new tutorial video (https://www.youtube.com/watch?v=ttN0flPsnBc) on our YouTube channel (https://www.youtube.com/channel/UCZHkjzM5Vp5RH0H_XGBtS0g)!

Here's our new tutorial video that shows how you can fund your OpenLeder account with Bitcoin.
(http://i65.tinypic.com/2nqt7hd.png) (https://youtu.be/_9bUY92Wro8)
click the image to watch the video!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 12, 2016, 08:29:28 pm
Less thank 48 hours before the SOLCERT ICO begins.

In history there are those who doubt and there are those who pioneer. Thank you to all who believed in this project and what we are trying to do from the very beginning. No one expected us to get this far so early. And together we will continue to inspire  :D

#FirstComeFirstServed #PoweredByBitshares
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: CLains on April 12, 2016, 08:34:17 pm
Get listed here: https://cyber.fund/radar
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 12, 2016, 08:43:46 pm
Get listed here: https://cyber.fund/radar
Doing it now CLains. Thanks!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: jambo110 on April 12, 2016, 11:00:53 pm
yes amounts of 1000 bts i made slight mistake first time around.

Hey Jambo minimum was 1000 SOLCERTs not BTS. Mimimum for the ICO is 5000 SOLCERTs. Hope that clears things up. Thanks guys.
Hey, im totally confused now,  thanks for that.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: jambo110 on April 12, 2016, 11:08:37 pm
yes amounts of 1000 bts i made slight mistake first time around.

Hey Jambo minimum was 1000 SOLCERTs not BTS. Mimimum for the ICO is 5000 SOLCERTs. Hope that clears things up. Thanks guys.
Hey, im totally confused now,  thanks for that.
at least i think i am in, that is what really counts.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 12, 2016, 11:34:13 pm
yes amounts of 1000 bts i made slight mistake first time around.

Hey Jambo minimum was 1000 SOLCERTs not BTS. Mimimum for the ICO is 5000 SOLCERTs. Hope that clears things up. Thanks guys.
Hey, im totally confused now,  thanks for that.

Hey Jambo no need for confusion. Simply multiply (x) the current tier price in your favorite crypto by 1000 and that's the minimum price to pay. Hope this helps.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: openledger on April 13, 2016, 09:18:28 am

Here's our new tutorial video that shows how you can fund your OpenLeder account with Bitcoin.
(http://i65.tinypic.com/2nqt7hd.png) (https://youtu.be/_9bUY92Wro8)
click the image to watch the video!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 14, 2016, 05:03:39 pm
THE OFFICIAL SOLCERT ICO HAS BEGUN! Day 1 30% BONUS BEGINS

Thank you to all who have helped out with this project. We have come a long way since 2013-14 (for those who can remember)  ;D

Wish us luck.

#PoweredByBitshares #LetsMakeSense
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: luckybit on April 14, 2016, 07:57:16 pm
[member=32206]SolomonSollarsNSense[/member]

http://www.icocountdown.com/
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: liondani on April 14, 2016, 09:27:46 pm
[member=32206]SolomonSollarsNSense[/member]

http://www.icocountdown.com/

https://cyber.fund/radar
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 14, 2016, 10:22:19 pm
[member=32206]SolomonSollarsNSense[/member]

http://www.icocountdown.com/

Reached out to them. We will see if they get back to us. Doing Cyber.Fund radar too.

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on April 14, 2016, 10:33:54 pm
THE OFFICIAL SOLCERT ICO HAS BEGUN! Day 1 30% BONUS BEGINS

Thank you to all who have helped out with this project. We have come a long way since 2013-14 (for those who can remember)  ;D

Wish us luck.

#PoweredByBitshares #LetsMakeSense
Before I start promoting, I need to make sure I have all my ducks in a row. What is the office ICO web sight(or the best place to send people that are interest in this)?  What is the platform for Sollywood TV, a web sight, smart TV/device APP (like Netflix), cable service, beam television directly to a person's brain (Batman Forever)?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 14, 2016, 11:00:21 pm
THE OFFICIAL SOLCERT ICO HAS BEGUN! Day 1 30% BONUS BEGINS

Thank you to all who have helped out with this project. We have come a long way since 2013-14 (for those who can remember)  ;D

Wish us luck.

#PoweredByBitshares #LetsMakeSense
Before I start promoting, I need to make sure I have all my ducks in a row. What is the office ICO web sight? What is the platform for Sollywood TV, a web sight, smart TV/device APP (like Netflix), cable service?

Thanks Koneletric! Sounds like you are asking for these:

(http://i.imgur.com/TSciYH3.jpg)
(http://i.imgur.com/iVCUy6U.png) (http://newmoney.sollars.com)(http://i.imgur.com/QFmq1WF.png) (https://twitter.com/sollarsandsense)  (http://i.imgur.com/y6TkJ4w.png) (http://launch.sollars.com)  (http://i.imgur.com/YDgShKw.png) (https://www.youtube.com/channel/UCDZ_ewjtQGwF6SWy7Y7YPzQ)  (http://i.imgur.com/L6LV9Zb.png) (https://www.facebook.com/newmoney777/)

And here is our Short Press Release:
http://bitcoinist.net/new-money-not-the-next-bitcoin-the-next-dollar/

Long Press Release (full story):
https://www.cryptocoinsnews.com/new-money-not-next-bitcoin-next-dollar/

Features of the system will debut with the KickStarter which will be pursued right after the ICO when trading of the SOLCERT token goes live. For now individuals can sign up at the website to get updates for our KickStarter happenings or participate in the ICO to help development and marketing efforts.

Hope this info helps.

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: particlewave on April 15, 2016, 01:00:31 am
Zup?  I dropped some BTS on the ICO minutes before the 10:00 a.m. kickoff Chicago time.  Hope this does not present a problem.  Going foward please use UTC time as primary time.  Go global.  Local time's for locals.  Thanks.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: pam2 on April 15, 2016, 01:27:20 am
Yep, I also drop some BTS...don't know if time zone apply...Not to clear
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: fuzzy on April 15, 2016, 03:10:56 am
yes amounts of 1000 bts i made slight mistake first time around.

Hey Jambo minimum was 1000 SOLCERTs not BTS. Mimimum for the ICO is 5000 SOLCERTs. Hope that clears things up. Thanks guys.
Hey, im totally confused now,  thanks for that.

you have to buy in chunks of 5000 solcerts i think is what he means.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 15, 2016, 01:46:50 pm
Zup?  I dropped some BTS on the ICO minutes before the 10:00 a.m. kickoff Chicago time.  Hope this does not present a problem.  Going foward please use UTC time as primary time.  Go global.  Local time's for locals.  Thanks.

Thanks ParticleWave, I apologize for the inconvinience. I totally forgot that and am actually unfamiliar with UTC time (you know Americans). Going forward I will use UTC time. Is there a converter you would recommend?

THank you for your support!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: particlewave on April 15, 2016, 06:33:57 pm
A Google search will reveal many.  Here are two.  Also one specific to Chicago time.

http://www.timeanddate.com/worldclock/converter.html
http://time.is/UTC
http://www.timebie.com/timezone/universalchicago.php
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 15, 2016, 08:10:41 pm
A Google search will reveal many.  Here are two.  Also one specific to Chicago time.

http://www.timeanddate.com/worldclock/converter.html
http://time.is/UTC
http://www.timebie.com/timezone/universalchicago.php

Of course lol Thank you sir.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on April 16, 2016, 01:15:17 pm
Great promo
http://www.youtube.com/watch?v=yleDiG1La1Q&sns=em
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 16, 2016, 08:43:55 pm
Hey can someone post links to the best Bitshares based content living on YouTube right now? Explainers or interviews will do. I need them all. Thanks!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on April 17, 2016, 12:43:04 am
Hey can someone post links to the best Bitshares based content living on YouTube right now? Explainers or interviews will do. I need them all. Thanks!

AJ Bitshares
https://www.youtube.com/channel/UCcdbhb2FaJl47qnrFQrYBYQ
Jonathan James Harrison
https://www.youtube.com/channel/UCn_SFxis84kgUAz32tXGazA
Chris Coney
https://www.youtube.com/channel/UCG2B47YDBusjfuriaMoDxAQ
Beyond Bitcoin Community
https://www.youtube.com/channel/UCE2O3_7rd9a8iViqYkgesAA
Bitshares Videos
https://www.youtube.com/channel/UCUNqi52rnqm1e7ancg_kcqQ
BitShares Munich
https://www.youtube.com/channel/UCb78hNwIPH_44DnpvFrA-NQ
BitShares TV
https://www.youtube.com/channel/UChtICzF0ZEhhgoMA8YWhULw


https://www.youtube.com/watch?v=-s4S4PcreM4&index=3&list=WL
https://www.youtube.com/watch?v=YrPevG_a9Z8&index=4&list=WL
https://www.youtube.com/watch?v=ZT9ICMfUDjk&index=5&list=WL
https://www.youtube.com/watch?v=wgvh2vNtRts&list=WL&index=6
https://www.youtube.com/watch?v=SX9IRXIF5Ak
https://www.youtube.com/watch?v=9Y6KxoQg1FE&index=9&list=WL
https://www.youtube.com/watch?v=CUH7pJjoWrY&index=11&list=WL
https://www.youtube.com/watch?v=t6uemgmYRPY&list=WL&index=12
https://www.youtube.com/watch?v=ttN0flPsnBc&list=WL&index=23
https://www.youtube.com/watch?v=ttN0flPsnBc&list=WL&index=23
https://www.youtube.com/watch?v=aQM4P7uFgk4&list=WL&index=41

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: testz on April 17, 2016, 04:24:57 am
Beyond Bitcoin Community
https://www.youtube.com/channel/UCE2O3_7rd9a8iViqYkgesAA

Short link: https://www.youtube.com/c/BeyondBitcoinCommunity
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: digital_payments on April 17, 2016, 09:37:59 am
Hello,

I am a newbie and I just tried to buy 10,000 SOCERTs with my Airbitz wallet, using BTC.
I followed all of the steps:
  1.) sent 1.485 BTC to the address  12MsrWqBFGt3g4NSciXGW56KLbh35Jm99w,
  2.) opened my new open ledger account,
  3.) tried to send an email to [email protected]

Unfortunately, when I send an email to [email protected] it is being rejected with the following message:

Delivery to the following recipient failed permanently:

     [email protected]

Technical details of permanent failure:
DNS Error: 38032026 DNS type 'mx' lookup of ccdek.com responded with code NXDOMAIN
Domain name not found: ccdek.com

Did I just get scammed?

Is the email address correct?  How can I notify Ronny and OpenLedger/CCDEK about my Airbitz wallet transaction hash and the user name of my new OpenLedger account?

please let me know.

Thanks,
M.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: openledger on April 17, 2016, 10:00:46 am
Hello,

I am a newbie and I just tried to buy 10,000 SOCERTs with my Airbitz wallet, using BTC.
I followed all of the steps:
  1.) sent 1.485 BTC to the address  12MsrWqBFGt3g4NSciXGW56KLbh35Jm99w,
  2.) opened my new open ledger account,
  3.) tried to send an email to [email protected]

Unfortunately, when I send an email to [email protected] it is being rejected with the following message:

Delivery to the following recipient failed permanently:

     [email protected]

Technical details of permanent failure:
DNS Error: 38032026 DNS type 'mx' lookup of ccdek.com responded with code NXDOMAIN
Domain name not found: ccdek.com

Did I just get scammed?

Is the email address correct?  How can I notify Ronny and OpenLedger/CCDEK about my Airbitz wallet transaction hash and the user name of my new OpenLedger account?

please let me know.

Thanks,
M.

Hello, you can send me all details on ronny[member=23432]ccedk[/member].com, not sure where you have the other e-mail adress, but this one is correct. [member=32206]SolomonSollarsNSense[/member] make sure the e-mail is correct in all forums if this above wrong one is still the adress used.

pls send me transaction Id of the btc transfer. I know that there was quite a few btc deposits held up being confirmer last night but would it expect it all to be solved by now, or at least when the US guys who manages the btc wallets have woken up.

rgds

Ronny Boesing
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: digital_payments on April 17, 2016, 10:22:48 am
Hello Ronny,

My email made it this time using your correct email address, ronny[member=23432]ccedk[/member].com.

The incorrect email address,  [email protected] was posted in the below link:

https://cryptocointalk.com/topic/46136-ann-new-money-the-itunes-of-blockchain-solcert-ico/

Ok, thanks for your help and it is a good feeling to know that I was not scammed.

Have a great day,

Martin
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 17, 2016, 12:15:00 pm
Hello Ronny,

My email made it this time using your correct email address, ronny[member=23432]ccedk[/member].com.

The incorrect email address,  [email protected] was posted in the below link:

https://cryptocointalk.com/topic/46136-ann-new-money-the-itunes-of-blockchain-solcert-ico/

Ok, thanks for your help and it is a good feeling to know that I was not scammed.

Have a great day,

Martin

Sir thank you for your interest in the New Money project. I sincerely apologize for the inconvenience. I know the feeling of being scammed. No one wants to feel that.

I can assure you this is a legitimate project and we have some wonderful announcements coming in the next week including our full bounty list  :D

Stay tuned! And welcome aboard!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: mbalance on April 17, 2016, 05:46:37 pm
Hi, I paid on openledger with BTS to ccedk.escrow2, already 3 days ago, when will i get something?

Multiple E-Mail already sent to runny without response...

Thnks
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 17, 2016, 07:38:21 pm
Hi, I paid on openledger with BTS to ccedk.escrow2, already 3 days ago, when will i get something?

Multiple E-Mail already sent to runny without response...

Thnks

Hello Mbalance. Thank you for your interest and donation to the project. I don't know if you mean receiving SOLCERTs? If you are talking about receiving SOLCERTs this actually will not happen until after the ICO is officially over. Once that happens you can begin immediately trading on OpenLedger which is the wallet you should be getting now to receive your SoLCerts.

We are currently trying to get on other exchanges now and should be on some once things calm down. Hope this info helps. Thanks!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 17, 2016, 11:47:12 pm
BOUNTY CAMPAIGN UPDATE:

Happy to announce we've got some awesome signatures made for our Bounty campaign that will begin this week! And we are ready to go! Was created by a Bitshares member too which means even more to me. You see this is what we need more of. Helping each other out instead of bringing each other down.

Instead of everything new being a scam or made to fail or being incompetent ran by stupid people, which is clearly not the case, lets see the good in each other and our potential. No one can make it alone and too many people rely on this being the case when it never has been. I've warned since last year that the Bitshares community needs more than one rockstar and its starting to happen.

This transition is not easy for some but it is necessary and is taking place because we operate in a free market. I know its scary but it forces us to look at what we have not wanted to for so long. Its healthy for the long term vitality of what we are trying to achieve.

Anyways I would love to see Bitshares community members step up for this Bounty campaign over at BitcoinTalk where it will launch. It will be announced here too. Stay tuned!

#PoweredByBitshares #NewMoney
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 18, 2016, 09:38:06 pm
SOLCERT BOUNTY CAMPAIGN HAS BEEN POSTED:


Can find the official article HERE (https://medium.com/@sollarsandsense/solcert-bounties-dc13c239f4d3#.3tnve6ohl)

Can find our Signatures HERE (https://medium.com/@sollarsandsense/solcert-bounty-signatures-de038a67b5e5#.sg1hdvlyw)

The bounty campaign officially begins this Thursday but individuals can start today. PLEASE REGISTER HERE BEFORE BEGINNING (https://docs.google.com/forms/d/1sxZNpVHXIIB_a-UNPxpgN3RtSJB5shB97Y7ujMKr1yQ/viewform?c=0&w=1)

Thanks for the Patience Guys

YOU WILL BE MESSAGING SOLLARSOLCERTBOUNTIES for the Campaign
https://bitcointalk.org/index.php?topic=1433069.msg14576007#msg14576007
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on April 18, 2016, 11:48:54 pm
I don't think I have a BitcoinTalk account. So I'm behind already.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 19, 2016, 01:45:44 am
I don't think I have a BitcoinTalk account. So I'm behind already.

No worries broski. There are other bounties like the Social media one and others that you can get. Especially the Twitter one which you've helped out with a lot. Thanks!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 19, 2016, 10:53:48 pm
Can anyone verify that they are getting the same view count I am getting for the New Money explainer vid? Its at 4300

https://www.youtube.com/watch?v=IjqUQtuLUAk

If this is correct it seems that we have gotten 2000+ views in the last 48 hours  :D

Might be going viral right now. We plan to turn that YouTube channel into a Crypto/Mainstream powerhouse channel. So this is a good start.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on April 20, 2016, 12:04:03 am
Can anyone verify that they are getting the same view count I am getting for the New Money explainer vid? Its at 4300

https://www.youtube.com/watch?v=IjqUQtuLUAk

If this is correct it seems that we have gotten 2000+ views in the last 48 hours  :D

Might be going viral right now. We plan to turn that YouTube channel into a Crypto/Mainstream powerhouse channel. So this is a good start.



View count right now 4,333! Lets see some comments.

Edit: 4,466 now. I did some per Facebook promoting with some of your first videos (which were technical) and they didn't do good. It's like you said, people don't care about the tech. With this video you "sold the dream, not the product". Keep making more like this.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: gamey on April 20, 2016, 08:31:07 am
Can anyone verify that they are getting the same view count I am getting for the New Money explainer vid? Its at 4300

https://www.youtube.com/watch?v=IjqUQtuLUAk

If this is correct it seems that we have gotten 2000+ views in the last 48 hours  :D

Might be going viral right now. We plan to turn that YouTube channel into a Crypto/Mainstream powerhouse channel. So this is a good start.

4700 ..
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on April 22, 2016, 01:15:19 am
Can anyone verify that they are getting the same view count I am getting for the New Money explainer vid? Its at 4300

https://www.youtube.com/watch?v=IjqUQtuLUAk

If this is correct it seems that we have gotten 2000+ views in the last 48 hours  :D

Might be going viral right now. We plan to turn that YouTube channel into a Crypto/Mainstream powerhouse channel. So this is a good start.

The campaign started today and it's at 5784. Let see if it really goes viral.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 22, 2016, 11:32:32 pm
Can anyone verify that they are getting the same view count I am getting for the New Money explainer vid? Its at 4300

https://www.youtube.com/watch?v=IjqUQtuLUAk

If this is correct it seems that we have gotten 2000+ views in the last 48 hours  :D

Might be going viral right now. We plan to turn that YouTube channel into a Crypto/Mainstream powerhouse channel. So this is a good start.

The campaign started today and it's at 5784. Let see if it really goes viral.

Yeah that's a pretty big spike in a short amount of time... And I didn't even use my heavy weights for that production nor the marketing. Mainly all organic. It's a good testing ground and very encouraging!

In the process now of finalizing app/technical work flow. Thank you all who participated and continue too. Gonna put these funds to great use. Remember your financial donations will help to take this platform into overdrive. We appreciate it!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: wmarab on April 23, 2016, 07:34:47 am
HI mr SolomonSollarsNSense

i send u  0.11847754 BTC from 12 apr

Because I want a million SOLCERT
and i send u more and more times emails

And you do not answer

Please, at least I want to know
Is there a problem
Is this normal that does not answer a long time ago

I'll wait for your answer
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: openledger on April 23, 2016, 08:23:22 am
HI mr SolomonSollarsNSense

i send u  0.11847754 BTC from 12 apr

Because I want a million SOLCERT
and i send u more and more times emails

And you do not answer

Please, at least I want to know
Is there a problem
Is this normal that does not answer a long time ago

I'll wait for your answer

hello wmarab, have answered your pm also, really sounds promising, and hope we can get that 1 million solcerts finalized asap to add lots of extra focus on this project.

rgds

Ronny
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: wmarab on April 24, 2016, 06:26:40 am
i need my BTC back please
I do not trust you,
I have received a letter approving
And other non-Ok
Please re my money
I have to wait a long time
Without any feasibility

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: wmarab on April 24, 2016, 06:34:31 am
I seed  0.11847754 BTC  to u please back it to me

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: openledger on April 24, 2016, 10:05:58 am
I seed  0.11847754 BTC  to u please back it to me

Transaction confirmed
#[email protected]
TRANSFER   
From   ccedk.escrow2
To   wa2l
Amount   0.11846871 open.BTC
Memo   amount received, returned due to misunderstanding of tiers and value of solcerts. 1 million solcerts was the amount available and not what you receive
Fee   2.98141 BTS
CLOSE

I hope it is clear to anyone else that paying some 0,12 btc does not give you 1 million solcerts

Let this be a lesson to all who thinks all crypto is bought by the millions with 50 USD worth of bitcoins.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Ben Mason on April 28, 2016, 10:12:50 am
Hi Solomon,

How goes the ICO?  I haven't been able to find a recent update on bitcointalk or bitsharestalk.

Cheers,

Ben.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 28, 2016, 05:06:18 pm
Hi Solomon,

How goes the ICO?  I haven't been able to find a recent update on bitcointalk or bitsharestalk.

Cheers,

Ben.

Hey Ben!

Just actually gave one on BitcoinTalk. Check it out: https://bitcointalk.org/index.php?topic=1433069.msg14695748#msg14695748
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: rpckto on May 01, 2016, 07:49:21 am
I read some replies above and i had misunderstanding of tiers and value of solcerts too.
I need to have refund my BTS.
There are no rest time to wait till crowd sale ends.
I have sent 292,465.60358 BTS on March 26, 2016, 6:45:24 PM.
Waiting reply.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Shentist on May 01, 2016, 08:36:31 am
I read some replies above and i had misunderstanding of tiers and value of solcerts too.
I need to have refund my BTS.
There are no rest time to wait till crowd sale ends.
I have sent 292,465.60358 BTS on March 26, 2016, 6:45:24 PM.
Waiting reply.

are you not a little bit to late? your period is already over for weeks. They are already in the next phase.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: werneo on May 01, 2016, 05:27:35 pm
Someone should contact this fellow: https://medium.com/@icocountdown/solcert-tokens-warning-adcb794860d2#.ud3xv9932
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: rpckto on May 01, 2016, 07:21:29 pm
I read some replies above and i had misunderstanding of tiers and value of solcerts too.
I need to have refund my BTS.
There are no rest time to wait till crowd sale ends.
I have sent 292,465.60358 BTS on March 26, 2016, 6:45:24 PM.
Waiting reply.

are you not a little bit to late? your period is already over for weeks. They are already in the next phase.

Hi

I did not know that there're two phases for crowdsale.
So I seriously need my BTS back as soon as possible for my use.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: dancingpenguins on May 01, 2016, 07:31:26 pm
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: crypto4ever on May 01, 2016, 11:26:32 pm
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

I'm interested in hearing these answers too.  I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 02, 2016, 12:49:41 am
I read some replies above and i had misunderstanding of tiers and value of solcerts too.
I need to have refund my BTS.
There are no rest time to wait till crowd sale ends.
I have sent 292,465.60358 BTS on March 26, 2016, 6:45:24 PM.
Waiting reply.

are you not a little bit to late? your period is already over for weeks. They are already in the next phase.

Hi

I did not know that there're two phases for crowdsale.
So I seriously need my BTS back as soon as possible for my use.

Sorry rpckto, but all donations are final and that has been stated since the beginning of what we have been doing. SoLCerts will be distributed in about a week and a half. You are able to trade on the open market as we go about putting together the KickStarter. The rest of the SOLCERTs will be locked up for a period of about 3-6 months as we go about our KickStarter. This was clear from the beginning. All donations NO REFUNDS.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 02, 2016, 01:23:42 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

I'm interested in hearing these answers too.  I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)

Crypto4Ever I'd like to see you try that. Start your own project called Gollars and Gents and see if people will buy into your ICO. I would like to see exactly what happens. Maybe you are just like me and can do exactly what I can do...

Or maybe not.

Everything in life is a mammoth undertaking. That's not new but it is the American way to take that risk and pursue it. And why we stand out from the rest of the world. I am honored that people donated to this project and believed in my ability. At the end that is what will make this project sink or swim.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.

 
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Vizzini on May 02, 2016, 02:00:16 am

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)

Yep. That's a mammoth undertaking even before choosing a turn-off name. It sounds even worse with a "G", though -- not airlines, bad gay "Gents" porn, maybe? My name is Chris and I'm selling CONcerts for Collars and Cents -- wanna buy in? For 10 Cents, you can have 1 CONcert. If all goes well, you can trade it in for a collar (choose dog, cat, or human) in about 10 years. Is seems a sittle sit silly, son't sou sink?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: crypto4ever on May 02, 2016, 02:08:05 am
I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.


Please link a reference to the whitepaper that was mentioned in the video that was released.  Where is the whitepaper? It's not found on your website as of today, nor in the OP.

See 01 min, 47 secs in this video, which is still up as of May 1, 2016 at 2:19AM UTC

https://www.youtube.com/watch?v=mOVsfPstzJU (https://www.youtube.com/watch?v=mOVsfPstzJU)

You also answered every other part of my message with the exception of the whitepaper.

My guess is that the whitepaper hasn't been written yet, which means you are raising ICO donations before the whitepaper is released?  That's quite alarming.

If one exists, then my apologies, but please link to it asap, so we can have a technical reference of the design.

Surely the system design can be disclosed ahead of time before any actual program code is written?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 02, 2016, 02:20:31 am
I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.


Please link a reference to the whitepaper that was mentioned in the video that was released.  Where is the whitepaper? It's not found on your website as of today, nor in the OP.

You also answered every other part of my message with the exception of the whitepaper.

My guess is that the whitepaper hasn't been written yet, which means you are raising ICO donations before the whitepaper is released?  That's quite alarming.

If one exists, then my apologies, but please link to it asap, so we can have a technical reference of the design.

Surely the system design can be disclosed ahead of time before any actual program code is written?

Read the description on the video. It is an old video made at the end of 2014 when I believed a White Paper mattered. It does not today as we are marketing a product towards a mainstream audience. A KickStarter format is more appropriate and the necessary information will be provided for it. Including technical details that matter.

Bitshares is the blockchain we will be building on top of so I don't get your inquiry. Its open sourced. Sollars and Sense will be starting out as a UIA... Sollywood TV will be a closed source product. I made a post on BitcoinTalk that can be viewed recently. Hope this helps. Regards.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: crypto4ever on May 02, 2016, 02:27:56 am
Read the description on the video. It is an old video made at the end of 2014 when I believed a White Paper mattered.

I see.  The publish date of the video says "Published on Apr 21, 2016", my mistake.

I personally only heard about this in the last 2 days.  (Some how I miss these ICO opportunities until after they've begun).

I will continue to follow your progress. Good luck.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on May 02, 2016, 02:42:31 am
I read some replies above and i had misunderstanding of tiers and value of solcerts too.
I need to have refund my BTS.
There are no rest time to wait till crowd sale ends.
I have sent 292,465.60358 BTS on March 26, 2016, 6:45:24 PM.
Waiting reply.

are you not a little bit to late? your period is already over for weeks. They are already in the next phase.

Hi

I did not know that there're two phases for crowdsale.
So I seriously need my BTS back as soon as possible for my use.

Sorry rpckto, but all donations are final and have that has been stated since the beginning of what we have been doing. SoLCerts will be distributed in about a week and a half. You are able to trade on the open market as we go about putting together the KickStarter. The rest of the SOLCERTs will be locked up for a period of about 3-6 months as we go about our KickStarter. This was clear from the beginning. All donations NO REFUNDS.

Always read the fine print! Or this could happen to YOU. https://www.youtube.com/watch?v=sglZGSwK6ow
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 02, 2016, 02:43:42 am
Read the description on the video. It is an old video made at the end of 2014 when I believed a White Paper mattered.

I see.  The publish date of the video says "Published on Apr 21, 2016", my mistake.

I personally only heard about this in the last 2 days.  (Some how I miss these ICO opportunities until after they've begun).

I will continue to follow your progress. Good luck.

Thank you sir. I am extremely busy putting things together for the next phase of this project (which is the most important phase) so I apologize if my answers are not super in depth.

I just don't know who is genuinely interested and who just wants to say how this will fail  :)

I thank you for your interest in this project and hope to garner your further support in the coming days and weeks. This is a long term project so I just ask for your patience. More info will be generated as time goes on including an in depth road map. Technical partnerships for the MVP and Kickstarter vid and so on and so forth. Best regards  :)
 
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Thom on May 02, 2016, 03:18:22 am
Hang in there Solly! I know it's hard with the all the skepticism bantered about, but there's nothing new about that. Thankfully it didn't start out that way! I fully agree about the whitepaper, just not useful for the type of market you're targeting, besides the fact whitepapers are mainly to explain theory and technical details, not really great as a business plan.

Like you said, BitShares will be doing all the heavy lifting on the technical side. Was there a whitepaper for BitShares 2.0? Hmmm...
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 02, 2016, 03:39:56 am
Hang in there Solly! I know it's hard with the all the skepticism bantered about, but there's nothing new about that. Thankfully it didn't start out that way! I fully agree about the whitepaper, just not useful for the type of market you're targeting, besides the fact whitepapers are mainly to explain theory and technical details, not really great as a business plan.

Like you said, BitShares will be doing all the heavy lifting on the technical side. Was there a whitepaper for BitShares 2.0? Hmmm...

Exactly Thom  :) Thanks brother I appreciate the kind words and infinite wisdom. I'm hanging for sure. Can't turn back now.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: dancingpenguins on May 02, 2016, 04:16:42 pm
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

I'm interested in hearing these answers too.  I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)

Crypto4Ever I'd like to see you try that. Start your own project called Gollars and Gents and see if people will buy into your ICO. I would like to see exactly what happens. Maybe you are just like me and can do exactly what I can do...

Or maybe not.

Everything in life is a mammoth undertaking. That's not new but it is the American way to take that risk and pursue it. And why we stand out from the rest of the world. I am honored that people donated to this project and believed in my ability. At the end that is what will make this project sink or swim.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.

(cross-posted from bitcointalk)

Nope, they have not. I have actually read, for better or worse, most of your blog posts about the project and it is mostly a marketing tool with very little information about the direction of your project. To say that my questions have been answered is disingenuous and the kind of answer you get from a developer who has no answers because they have no project.

Let's take these questions one by one, so it's not as overwhelming. We should start with the simplest and maybe most important question. If you don't have an answer to this, you don't have any way to provide a return to your backers.

Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?

I'll give you two examples to illustrate the problem:

1) Louis CK has a series online called Horace and Pete available for sale through PayPal or Bitcoin. This is a centralized model for selling content that exists right now without Sollywood. What can you offer him in return for the 10-20% fee you propose to take? Why would he, as content creator, provide his content through you?

2) Ujo Music is a decentralized service (a work in progress) that allows direct payments and content distribution between artists and customers without the need for centralized hosting or payment architectures. It will hopefully lead to a sophisticated micropayment system that works behind the scenes, so to speak, so that customers are charged only for the content they consume but without the burden of actively purchasing every piece of content themselves. This will most likely lead to services for other forms of media. THIS is the real "new apple" route that you keep trying to align yourself with. So, again, why would anyone use a service that takes a 10-20% fee when they have this option?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: dancingpenguins on May 02, 2016, 04:19:55 pm
Just for clarity's sake, the 10-20% comes from this quote:

Quote
WHILE getting 80-90% of what comes in for your content. You would make 80-90% of what came in at those prices we would make 10-20%. That is the power of new money technologies. And its a BIG DEAL.

from  the main page: http://newmoney.sollars.com/new-money-explaining-new-money-project/ (http://newmoney.sollars.com/new-money-explaining-new-money-project/)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: particlewave on May 03, 2016, 01:18:17 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.  More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 03, 2016, 01:25:06 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.  More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

 +5% Wisdom. Thanks for it  :)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: dancingpenguins on May 03, 2016, 03:49:22 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: particlewave on May 03, 2016, 08:51:15 pm
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with [member=25158]Vizzini[/member].  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 04, 2016, 01:25:43 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with [member=25158]Vizzini[/member].  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.

Wow ParticleWave... Are you sure I meant all of that? You sure Im not just an incompetent blowhard that's out to scam everyone? Surely I could not have meant all of that. Surely you've got the wrong guy  ::)

Thank you sir for truly understanding what we are doing here. I could not have said it any better  :D Full technical update on MVP coming very soon. Stay tuned.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 04, 2016, 02:12:57 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with [member=25158]Vizzini[/member].  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.

Particle I feel I owe you a response since you actually took the time to understand the opportunity EVEN if everything was not crystal clear. Thank you for that.

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?

Yes we will look to have adjustible/flexible pricing (Uber SURGE  :P) eventually as that algorithm/automation would take care of scaling the product to a platform and also scaling the content creator acquisition process that will be needed should things really pick up. BUT this will not be done for the MVP. Its simply not necessary. We can simply manually price content at a given lower price point (x) and manually adjust it if need be. The automation of this is in the pipeline as a feature.

Yes you are right. Big box distributors (as I mentioned countless times in many of the videos) will not work with certain content creators simply because it does not fit their business model. They cannot make any money off of them. These type of content creators that are being ignored come with their own audience that would surely adopt this currency as you stated because of price optimization which is the key to our platform and also changing the Cable industry.

Consumers only have so much time in a day. And who ever is giving them content at the right price is who will win in the end.

It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers...

Seems you are picking up fast. Just don't start your own currency. Support mine!  ;D

I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages

Yes eventually... But this will be highly strategic in the beginning. Our adoption will depend on it. We cannot start as an open platform for everything as that will most likely taint our image in the same way it has done Streamium/WatchMyBit and others in the space. We want to be known as the Final Nail in Cable TV's coffin. To garner and keep that image will take more marketing than programming. I explained my thought briefly with Thom HERE (https://www.youtube.com/watch?v=v-y9Lxa4CSw)

One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).

Man I beg you don't start your own currency. :D Nice abbreviations by the way.

I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.


You and me both sir  :D Just aaaaaaaaallllll the possibilities. The rabbit hole of revenue models goes DEEP. Its new money we are talking here. But again we have to be strategic. Not get ahead of ourselves as that is the typical crypto thing to do. Just crank out feature after feature without an audience or other important considerations being prioritized.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).


The short and immediate answer is SoLCerts. Long term if people are US investors we will be raising traditional rounds for Sollywood TV as a start up (similar to PeerTracks). But the ultimate long term value is Sollars and Sense as its own blockchain which it will be and based on Bitshares open-sourced code. And SoLCert holders will get first dibs on Sollars that launch with that blockchain.

The next answer is yes the KickStarter as that will reveal more of the roadmap/MVP/Device strategy.

And Sollywood TV is a business on a blockchain so yes we are centralized but Bitshares (which is what we are building on) is not. This has always been the case and is not some new development. Again it was explained clearly in the SoLCert series.

We can have a debate all day about what is best for technical architecture but since we are pursuing Agile development with the MVP things can be accommodated if necessary.

The marketing of Decentralization has failed. Its useless and does nothing for the consumer. Experience is still king and that is what we will focus on when reaching mainstream consumers. Not some programmers fantasy of technology selling itself.

What is most important right now is reaching our target demographic with a story they can connect with. Before I was in computer science/crypto-currency I was a filmmaker for 12 years. Hopefully my skills and nickname have done me well. I am one of those content creators who needed a platform like what I am trying to start with this project. It is what got me into all of this in the first place. And I know many others who would kill to be able to price and make a living off what they have created. And actually make above 50% of what comes in. Let alone 80-90%

Truth is Bitshares future is bright. Its got three projects now that are aimed squarely at a mainstream audience. And I wish Steem and PeerPlay all the best. At the end of the day its these types of businesses along with Sollywood TV that are going to bring mainstream adoption to this technology.

Yes there is competition. But who cares. Lets see where everyone is at in 5 years.

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on May 04, 2016, 02:55:37 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

I'm interested in hearing these answers too.  I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)

Crypto4Ever I'd like to see you try that. Start your own project called Gollars and Gents and see if people will buy into your ICO. I would like to see exactly what happens. Maybe you are just like me and can do exactly what I can do...

Or maybe not.

Everything in life is a mammoth undertaking. That's not new but it is the American way to take that risk and pursue it. And why we stand out from the rest of the world. I am honored that people donated to this project and believed in my ability. At the end that is what will make this project sink or swim.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.

(cross-posted from bitcointalk)

Nope, they have not. I have actually read, for better or worse, most of your blog posts about the project and it is mostly a marketing tool with very little information about the direction of your project. To say that my questions have been answered is disingenuous and the kind of answer you get from a developer who has no answers because they have no project.

Let's take these questions one by one, so it's not as overwhelming. We should start with the simplest and maybe most important question. If you don't have an answer to this, you don't have any way to provide a return to your backers.

Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?

I'll give you two examples to illustrate the problem:

1) Louis CK has a series online called Horace and Pete available for sale through PayPal or Bitcoin. This is a centralized model for selling content that exists right now without Sollywood. What can you offer him in return for the 10-20% fee you propose to take? Why would he, as content creator, provide his content through you?

2) Ujo Music is a decentralized service (a work in progress) that allows direct payments and content distribution between artists and customers without the need for centralized hosting or payment architectures. It will hopefully lead to a sophisticated micropayment system that works behind the scenes, so to speak, so that customers are charged only for the content they consume but without the burden of actively purchasing every piece of content themselves. This will most likely lead to services for other forms of media. THIS is the real "new apple" route that you keep trying to align yourself with. So, again, why would anyone use a service that takes a 10-20% fee when they have this option?

Anyone can sale what they have on their own. Quit easy these days with the internet. But people still flock to pawn shop and auction. Why? Because they have a larger audience then anyone individual could ever have. That why artist will pay an expert a % of their earnings. Artist are experts at making movies. And platform (Netflix, Hulu, YouTube, HBO, Sollywoodtv?) are experts at getting an audience. Win win!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: dancingpenguins on May 04, 2016, 03:16:04 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with [member=25158]Vizzini[/member].  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.

Thanks for the civil and direct response. I'd like to discuss the development of hip hop further but I guess this is not the place.

I'll take up 3 points:

1) Peertracks

Yes, Peertracks is an interesting model that might work for indie music artists/producers. I can also see that this might apply for some niche between Vimeo/Youtube productions and big time Hollywood/TV productions. But there are a lot of issues around Solomon's pitch. First, a blockchain is central to the Peertracks model, not an add-on. As I mentioned earlier, he has explicitly said that a blockchain is not central to this project, making it absolutely nothing like Peertracks. Second, they charge 5% rather than 20% because of their use of the blockchain and this charge can ultimately be reduced to near zero with some further decentralization adjustments. Third, even if he changes his mind on the importance of a blockchain to his project, Solomon cannot develop something like Peertracks himself because he doesn't have the technical know-how (from reading his material, he doesn't even seem able to distinguish the terms "DAC" and "blockchain"). From what I understand of Peertracks, they started out with a team ready to make the product. Solomon already asked for money once (presale) and is now asking for more money (current sale) to get even more money (kickstarter) to get a team to work for him to do this project! Even if you trust his intentions (and I raise doubts over this in part because of the pyramid scheme-like structure here), you have to question his ability to get this done. I believe it is naive to assume that the are blockchain developers lined up out to door to work with him on this and the MUSE developer has already distanced himself from this project.

To take this back to my original question (#4) - do big budget productions need to be a part of this project? (Solomon has suggested they will be) And if so, why will they give up what they have to switch over? It's possible that this project (if it solved all the other problems I've raised) could be a disruptive force to big media. Maybe people start watching a lot of low and mid-budget online content. Maybe because of this some big producers experiment with the new model. Maybe they're successful and then the flood gates open! But that's an awful lot of maybes and frankly, Solomon has not presented any of the whys very convincingly (why will people leave their beloved big budget shows and films and/or why will big budget producers make the switch?) and yet still claims with unreasonable confidence that his project is the next big thing. 

2) "How do I, as an investor, profit from this 'next level' content distribution/services model?"

To me this question is actually a big problem that cryptospace needs to deal with. The great thing about the blockchain and smart contracts is that we can finally get rid of the middleman who takes a profit from mediating the transfer of goods and services. That transfer becomes automated and directly connects consumers to producers. The result is an intense disintermediation that pushes an investment return in the system towards zero. I think (hope?) open source will quickly shift services like Peertracks and Solomon's proposal to near-zero fee transactions. That's why I question the 10-20% fee structure he proposes. At 5%, Peertracks shows us that this is already problematic, and Peertracks will also be pushed towards zero. I believe that we need to come to terms with the fact that there will be no investment returns for many very important projects but that does not mean we should not still be funding them because they have a very good chance of making the world a better place.

3) digital currency for the unbanked

The "unbanked" already have access to many digital currencies.  Do they need another one just to consume media? There are many interesting applications that cryptocurrency might offer to the world's poorest people (I believe this is often overstated by bitcoin/altcoin spokespeople but I guess that's another conversation) but I don't really see this project as one of them.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: dancingpenguins on May 04, 2016, 03:51:30 am
Quote from: SolomonSollarsNSense
And Sollywood TV is a business on a blockchain so yes we are centralized but Bitshares (which is what we are building on) is not. This has always been the case and is not some new development. Again it was explained clearly in the SoLCert series.

One of the biggest problems with your explanations is your clarity around the role of your blockchain. You cannot say that you are building a business on a blockchain and then say things like:

Our goal for the crowdfunder is NOT to build some new blockchain. That is unnecessary and irrelevant. It is also why we have Bitshares. What our goal is is to take advantage of the American trend of cord-cutting and introduce what may very well be the "final nail" in Cable TV. That does not take blockchain. It takes $ense. (from bitcointalk thread)

How are you "powered by bitshares" (as you say over at bitcointalk) apart from having a crowdsale? You keep referencing MUSE / Peertracks but your project is not like Peertracks unless the entire system functions on the blockchain as theirs does. How does this happen if you dispense with a blockchain?

Quote from: SolomonSollarsNSense
The marketing of Decentralization has failed. Its useless and does nothing for the consumer. Experience is still king and that is what we will focus on when reaching mainstream consumers. Not some programmers fantasy of technology selling itself.

Why do decentralization and experience have to mutually exclusive? Of course decentralization offers a great deal to both consumers and producers (it's actually hilarious that you say that, while at the same time emphasizing the importance of a blockchain), particularly in the form of reduced costs/increased returns. There should be no difficulty in build a great experience on top of a decentralized system - which is what Peertracks seems to be trying to do.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 04, 2016, 11:58:30 pm
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

I'm interested in hearing these answers too.  I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)

Crypto4Ever I'd like to see you try that. Start your own project called Gollars and Gents and see if people will buy into your ICO. I would like to see exactly what happens. Maybe you are just like me and can do exactly what I can do...

Or maybe not.

Everything in life is a mammoth undertaking. That's not new but it is the American way to take that risk and pursue it. And why we stand out from the rest of the world. I am honored that people donated to this project and believed in my ability. At the end that is what will make this project sink or swim.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.

(cross-posted from bitcointalk)

Nope, they have not. I have actually read, for better or worse, most of your blog posts about the project and it is mostly a marketing tool with very little information about the direction of your project. To say that my questions have been answered is disingenuous and the kind of answer you get from a developer who has no answers because they have no project.

Let's take these questions one by one, so it's not as overwhelming. We should start with the simplest and maybe most important question. If you don't have an answer to this, you don't have any way to provide a return to your backers.

Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?

I'll give you two examples to illustrate the problem:

1) Louis CK has a series online called Horace and Pete available for sale through PayPal or Bitcoin. This is a centralized model for selling content that exists right now without Sollywood. What can you offer him in return for the 10-20% fee you propose to take? Why would he, as content creator, provide his content through you?

2) Ujo Music is a decentralized service (a work in progress) that allows direct payments and content distribution between artists and customers without the need for centralized hosting or payment architectures. It will hopefully lead to a sophisticated micropayment system that works behind the scenes, so to speak, so that customers are charged only for the content they consume but without the burden of actively purchasing every piece of content themselves. This will most likely lead to services for other forms of media. THIS is the real "new apple" route that you keep trying to align yourself with. So, again, why would anyone use a service that takes a 10-20% fee when they have this option?

Anyone can sale what they have on their own. Quit easy these days with the internet. But people still flock to pawn shop and auction. Why? Because they have a larger audience then anyone individual could ever have. That why artist will pay an expert a % of their earnings. Artist are experts at making movies. And platform (Netflix, Hulu, YouTube, HBO, Sollywoodtv?) are experts at getting an audience. Win win!

 +5% +5% +5%
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: particlewave on May 05, 2016, 12:03:00 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with [member=25158]Vizzini[/member].  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.

Thanks for the civil and direct response. I'd like to discuss the development of hip hop further but I guess this is not the place.

I'll take up 3 points:

1) Peertracks

Yes, Peertracks is an interesting model that might work for indie music artists/producers. I can also see that this might apply for some niche between Vimeo/Youtube productions and big time Hollywood/TV productions. But there are a lot of issues around Solomon's pitch. First, a blockchain is central to the Peertracks model, not an add-on. As I mentioned earlier, he has explicitly said that a blockchain is not central to this project, making it absolutely nothing like Peertracks. Second, they charge 5% rather than 20% because of their use of the blockchain and this charge can ultimately be reduced to near zero with some further decentralization adjustments. Third, even if he changes his mind on the importance of a blockchain to his project, Solomon cannot develop something like Peertracks himself because he doesn't have the technical know-how (from reading his material, he doesn't even seem able to distinguish the terms "DAC" and "blockchain"). From what I understand of Peertracks, they started out with a team ready to make the product. Solomon already asked for money once (presale) and is now asking for more money (current sale) to get even more money (kickstarter) to get a team to work for him to do this project! Even if you trust his intentions (and I raise doubts over this in part because of the pyramid scheme-like structure here), you have to question his ability to get this done. I believe it is naive to assume that the are blockchain developers lined up out to door to work with him on this and the MUSE developer has already distanced himself from this project.

To take this back to my original question (#4) - do big budget productions need to be a part of this project? (Solomon has suggested they will be) And if so, why will they give up what they have to switch over? It's possible that this project (if it solved all the other problems I've raised) could be a disruptive force to big media. Maybe people start watching a lot of low and mid-budget online content. Maybe because of this some big producers experiment with the new model. Maybe they're successful and then the flood gates open! But that's an awful lot of maybes and frankly, Solomon has not presented any of the whys very convincingly (why will people leave their beloved big budget shows and films and/or why will big budget producers make the switch?) and yet still claims with unreasonable confidence that his project is the next big thing. 

2) "How do I, as an investor, profit from this 'next level' content distribution/services model?"

To me this question is actually a big problem that cryptospace needs to deal with. The great thing about the blockchain and smart contracts is that we can finally get rid of the middleman who takes a profit from mediating the transfer of goods and services. That transfer becomes automated and directly connects consumers to producers. The result is an intense disintermediation that pushes an investment return in the system towards zero. I think (hope?) open source will quickly shift services like Peertracks and Solomon's proposal to near-zero fee transactions. That's why I question the 10-20% fee structure he proposes. At 5%, Peertracks shows us that this is already problematic, and Peertracks will also be pushed towards zero. I believe that we need to come to terms with the fact that there will be no investment returns for many very important projects but that does not mean we should not still be funding them because they have a very good chance of making the world a better place.

3) digital currency for the unbanked

The "unbanked" already have access to many digital currencies.  Do they need another one just to consume media? There are many interesting applications that cryptocurrency might offer to the world's poorest people (I believe this is often overstated by bitcoin/altcoin spokespeople but I guess that's another conversation) but I don't really see this project as one of them.

Your responses are definitely thought provoking.  Thanks again.

I'll take up 4 points:

1)  "The result is an intense disintermediation that pushes an investment return in the system towards zero."

I think you just sent a toxoplasmotic like shock wave through most of the crypto investment world.  Unfortunately, I agree with you on the inevitable outcome.
Not to go too much off topic but diminishing profit-driven investment opportunities pushes us closer to a universal minimum income socioeconomic system.  Not to say it would be a good or bad thing.  Could we be the first wave of a process that undulates between centralized and decentralized control to finally settle in to a quasi-decentralized transaction state?

2)  "I believe that we need to come to terms with the fact that there will be no investment returns for many very important projects but that does not mean we should not still be funding them because they have a very good chance of making the world a better place."

This suggests to me that once the SEC (U.S.A.) finally green lights (not to be confused with the criminal slang meaning) the equity crowdfunding JOBS Act (Title III) provision, crypto-presales, and ICOs may become a thing of the past, replaced with seriously regulated equity crowdfunding.  I don't quite understand the current concept of having a crowdfunding campaign after pre-sale and ICO to attract investors. But then again I am not an investment adviser or well-versed in investment science (pseudo-science?).  Note, I don't believe Solomon is the first to employ this strategy.

3)  "That's why I question the 10-20% fee structure he proposes."

I'm not sure about the viability of the fee structure.  However, thousands of app devs flock to Apple and Google and gleefully surrender 30% off the top.

4)  "The "unbanked" already have access to many digital currencies.  Do they need another one just to consume media?"

Seven hundred plus and counting crypto token makers seem to think so. :)  I know,  RIP.  Of course you could just color an existing coin or create a contract.  Solcerts has to be careful with obsolescence.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: dancingpenguins on May 05, 2016, 07:15:59 am
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with [member=25158]Vizzini[/member].  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.

Thanks for the civil and direct response. I'd like to discuss the development of hip hop further but I guess this is not the place.

I'll take up 3 points:

1) Peertracks

Yes, Peertracks is an interesting model that might work for indie music artists/producers. I can also see that this might apply for some niche between Vimeo/Youtube productions and big time Hollywood/TV productions. But there are a lot of issues around Solomon's pitch. First, a blockchain is central to the Peertracks model, not an add-on. As I mentioned earlier, he has explicitly said that a blockchain is not central to this project, making it absolutely nothing like Peertracks. Second, they charge 5% rather than 20% because of their use of the blockchain and this charge can ultimately be reduced to near zero with some further decentralization adjustments. Third, even if he changes his mind on the importance of a blockchain to his project, Solomon cannot develop something like Peertracks himself because he doesn't have the technical know-how (from reading his material, he doesn't even seem able to distinguish the terms "DAC" and "blockchain"). From what I understand of Peertracks, they started out with a team ready to make the product. Solomon already asked for money once (presale) and is now asking for more money (current sale) to get even more money (kickstarter) to get a team to work for him to do this project! Even if you trust his intentions (and I raise doubts over this in part because of the pyramid scheme-like structure here), you have to question his ability to get this done. I believe it is naive to assume that the are blockchain developers lined up out to door to work with him on this and the MUSE developer has already distanced himself from this project.

To take this back to my original question (#4) - do big budget productions need to be a part of this project? (Solomon has suggested they will be) And if so, why will they give up what they have to switch over? It's possible that this project (if it solved all the other problems I've raised) could be a disruptive force to big media. Maybe people start watching a lot of low and mid-budget online content. Maybe because of this some big producers experiment with the new model. Maybe they're successful and then the flood gates open! But that's an awful lot of maybes and frankly, Solomon has not presented any of the whys very convincingly (why will people leave their beloved big budget shows and films and/or why will big budget producers make the switch?) and yet still claims with unreasonable confidence that his project is the next big thing. 

2) "How do I, as an investor, profit from this 'next level' content distribution/services model?"

To me this question is actually a big problem that cryptospace needs to deal with. The great thing about the blockchain and smart contracts is that we can finally get rid of the middleman who takes a profit from mediating the transfer of goods and services. That transfer becomes automated and directly connects consumers to producers. The result is an intense disintermediation that pushes an investment return in the system towards zero. I think (hope?) open source will quickly shift services like Peertracks and Solomon's proposal to near-zero fee transactions. That's why I question the 10-20% fee structure he proposes. At 5%, Peertracks shows us that this is already problematic, and Peertracks will also be pushed towards zero. I believe that we need to come to terms with the fact that there will be no investment returns for many very important projects but that does not mean we should not still be funding them because they have a very good chance of making the world a better place.

3) digital currency for the unbanked

The "unbanked" already have access to many digital currencies.  Do they need another one just to consume media? There are many interesting applications that cryptocurrency might offer to the world's poorest people (I believe this is often overstated by bitcoin/altcoin spokespeople but I guess that's another conversation) but I don't really see this project as one of them.

Your responses are definitely thought provoking.  Thanks again.

I'll take up 4 points:

1)  "The result is an intense disintermediation that pushes an investment return in the system towards zero."

I think you just sent a toxoplasmotic like shock wave through most of the crypto investment world.  Unfortunately, I agree with you on the inevitable outcome.
Not to go too much off topic but diminishing profit-driven investment opportunities pushes us closer to a universal minimum income socioeconomic system.  Not to say it would be a good or bad thing.  Could we be the first wave of a process that undulates between centralized and decentralized control to finally settle in to a quasi-decentralized transaction state?

2)  "I believe that we need to come to terms with the fact that there will be no investment returns for many very important projects but that does not mean we should not still be funding them because they have a very good chance of making the world a better place."

This suggests to me that once the SEC (U.S.A.) finally green lights (not to be confused with the criminal slang meaning) the equity crowdfunding JOBS Act (Title III) provision, crypto-presales, and ICOs may become a thing of the past, replaced with seriously regulated equity crowdfunding.  I don't quite understand the current concept of having a crowdfunding campaign after pre-sale and ICO to attract investors. But then again I am not an investment adviser or well-versed in investment science (pseudo-science?).  Note, I don't believe Solomon is the first to employ this strategy.

3)  "That's why I question the 10-20% fee structure he proposes."

I'm not sure about the viability of the fee structure.  However, thousands of app devs flock to Apple and Google and gleefully surrender 30% off the top.

4)  "The "unbanked" already have access to many digital currencies.  Do they need another one just to consume media?"

Seven hundred plus and counting crypto token makers seem to think so. :)  I know,  RIP.  Of course you could just color an existing coin or create a contract.  Solcerts has to be careful with obsolescence.

Regarding the Apple/Google comment, I think part of what initially irked me and raised some alarm bells around the project (apart from Solomon implying that I was just another troll/FUDer from the outset over at bitcointalk instead of attempting to deal with critical questions in a professional way) is that in the absolute best case scenario he seems to be selling an slightly more flexible version of iTunes+YouTube, but calling it "blockchain". A platform like this, without a blockchain element, might have some value, though I'm not confident about its potential longevity. However, as I've already said, he seems underqualified to build such a platform, and even if he could, why call it "blockchain" when a blockchain is not actually integral to the platform? It suggests to me that he's either confused about what he is proposing or dishonest - neither particularly good conclusions.

Anyway, since it seems like we agree on a lot of the other things you quoted (and Solomon refuses to respond to me), I guess I'll sign off for now. I'll try to remember to check back in sometime to see if there is a roadmap that makes more "$ense" than what is going on right now.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 12, 2016, 03:16:41 pm
NEW MONEY: SOLCERT ICO / SOLCERT BOUNTY CAMPAIGN IS NOW OFFICIALLY OVER

Thank you to everyone who participated. Phase 1 & 2 of this project (Pre-Sale and ICO) is now official over. In the coming days OpenLedger will begin the process of distributing SoLCerts to the various accounts who donated first. SoLCert Bounty participants will be the final recipients who receive SoLCerts based on their stakes.

Thank you to all who participated. In the coming days a detailed plan for Phase 3 will be posted and a new thread will be created for it. This thread unlike the last two will be moderated for staying on topic. I appreciate all who participated and helped get this project off the ground in a big way. Full details to come. Thanks.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on May 13, 2016, 12:57:58 am
NEW MONEY: SOLCERT ICO / SOLCERT BOUNTY CAMPAIGN IS NOW OFFICIALLY OVER

Thank you to everyone who participated. Phase 1 & 2 of this project (Pre-Sale and ICO) is now official over. In the coming days OpenLedger will begin the process of distributing SoLCerts to the various accounts who donated first. SoLCert Bounty participants will be the final recipients who receive SoLCerts based on their stakes.

Thank you to all who participated. In the coming days a detailed plan for Phase 3 will be posted and a new thread will be created for it. This thread unlike the last two will be moderated for staying on topic. I appreciate all who participated and helped get this project off the ground in a big way. Full details to come. Thanks.

Looking forward for those mind blowing views.

My two $ents
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 15, 2016, 02:59:42 pm
Hello everyone. Phase 3 basics has been posted to BitcoinTalk. You can check it out here:

https://bitcointalk.org/index.php?topic=1433069.msg14857061#msg14857061

In the coming week a new moderated thread will be created for phase 3. Thanks to all who have participated so far. Your efforts will not go in vain. Time to move forward in a big way  ;)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Pheonike on May 15, 2016, 04:33:20 pm

Don't forget to post it on Steem too.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 15, 2016, 07:03:19 pm

Don't forget to post it on Steem too.

Yes sir. Will do thanks  :)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: jemcrowne on May 18, 2016, 03:58:09 pm
I think this Solcert investment was a bad idea.. >:(. Lesson learned
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: xeroc on May 18, 2016, 04:58:45 pm
I think this Solcert investment was a bad idea.. >:(. Lesson learned
Investments only rarely produce quick money. That's what makes it different from speculation.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 23, 2016, 01:42:43 am
Hey guys my development team is asking for access to the Bitshares source code and wallet code on Github. I gave them these links for the source code and wallet.

https://github.com/bitshares/bitshares-2-ui

https://github.com/cryptonomex/graphene-ui


But apparently they still need some type of access from us? Let me know whats up. Thanks.

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Valentin | Lin9uxis on May 23, 2016, 05:37:19 am
Hey guys my development team is asking for access to the Bitshares source code and wallet code on Github. I gave them these links for the source code and wallet.

https://github.com/bitshares/bitshares-2-ui

https://github.com/cryptonomex/graphene-ui


But apparently they still need some type of access from us? Let me know whats up. Thanks.
They should directly fork Graphene and not Bitshares. https://github.com/cryptonomex/graphene
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on May 23, 2016, 03:15:47 pm
Hey guys my development team is asking for access to the Bitshares source code and wallet code on Github. I gave them these links for the source code and wallet.

https://github.com/bitshares/bitshares-2-ui

https://github.com/cryptonomex/graphene-ui


But apparently they still need some type of access from us? Let me know whats up. Thanks.
They should directly fork Graphene and not Bitshares. https://github.com/cryptonomex/graphene

Thanks bro.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: mf-tzo on June 16, 2016, 02:44:05 pm
[member=32206]SolomonSollarsNSense[/member]

Hi mate,
Any update with the project? Do you have an estimation of time when it will be launched? What will happen to the remaining unsold solcerts tokens? will they be burned? On bitshares DEX it appears that people (including my self)  have sell orders below the 5 bts price that was the next tier and nobody is buying...on the contrary some people are selling for 1 bts..
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on June 16, 2016, 06:20:36 pm
[member=32206]SolomonSollarsNSense[/member]

Hi mate,
Any update with the project? Do you have an estimation of time when it will be launched? What will happen to the remaining unsold solcerts tokens? will they be burned? On bitshares DEX it appears that people (including my self)  have sell orders below the 5 bts price that was the next tier and nobody is buying...on the contrary some people are selling for 1 bts..

Hello mf-tzo,

Thanks for the inquiry. We are currently working on the new explainer video for Sollywood TV which as explained in the final post will be the new focus in this KickStarter phase. You can check out the full plan moving forward here:

https://bitcointalk.org/index.php?topic=1433069.msg14857061#msg14857061

As promised SoLCerts will be locked up for at least six months. We will not be "dumping" on the market or anything of that sort. But they will not be burnt as they can be valuable if we are successful through the KickStarter phase. The developmental team for the MVP has already been chosen and they are based out of Chicago. Its Codal.

Finishing the MVP should begin at the end of June once contracts have been thoroughly reviewed. They will also be featured in the KickStarter video. As for trading I ask for patience. Nothing worth its salt in Crypto is an overnight success. This project is the same. We are not only doing development but also content creation.

With that said a time frame that could be honored at this point is not possible to predict. I will say though we will get through the KickStarter phase before the year is out. In the mean time hold on to your SoLCerts. The new explainer video and Website should be completed by July. That will be the foundation (marketing wise) of "starting" the campaign for consumers. Remember that is who this project's KickStarter phase is geared towards.

Hope this info helps.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: mf-tzo on June 17, 2016, 07:45:16 am
[member=32206]SolomonSollarsNSense[/member]

Thank you very much for the update. It is nice to ask for an update for a project around here and get a response within a day..that doesn't happen often around here anymore..As a consequence of your reply I will remove my sell order later today and in contrast I will put a buy order in case anyone wants to dump.

I understand that you must be busy with the project but from time to time some update or teaser about the project will be nice so people don't lose interest. You saw what happened with MUSE because the lack of updates..Don't let this happen to your project.

thanks
 :)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: openledger on June 17, 2016, 09:51:37 pm
 +5% +5%
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on June 18, 2016, 02:40:07 pm
http://youtu.be/apmhiZCPF4Q  +5%
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on June 18, 2016, 08:01:42 pm
[member=32206]SolomonSollarsNSense[/member]

Thank you very much for the update. It is nice to ask for an update for a project around here and get a response within a day..that doesn't happen often around here anymore..As a consequence of your reply I will remove my sell order later today and in contrast I will put a buy order in case anyone wants to dump.

I understand that you must be busy with the project but from time to time some update or teaser about the project will be nice so people don't lose interest. You saw what happened with MUSE because the lack of updates..Don't let this happen to your project.

thanks
 :)
Also equally its important to 'like', 'share' and 'comment' on the updates. This is also rare around here. It's a two sided Bitcoin.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Musewhale on July 06, 2016, 03:38:19 pm
do it, i like thisCoolCoolCool
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on July 14, 2016, 05:00:00 am
Amazing... Dan and Ned are literally proving everything I have been trying to say for quite some time. Nothing and I MEAN NOTHING beats real utility for a mainstream audience... Getting excited  :D

Wow. This should not scare anyone in Bitshares. This should bring us all hope. It certainly brings me hope as New Money and Steem are very similar in principle. Different in technical implementation and audience. But similar where it matters. Bringing real utility to a mainstream audience TODAY. Not tomorrow. Today.

Guys Bitshares has birthed what I believe will be the new era of real utility. Steem is simply the beginning of this as a implementation of Bitshares tech. Or at least the mind that created Bitshares tech. But there is a vast audience to reach with different needs. Steem cannot do it all. There will be more platforms.

Now do you think Steem reached its height because it used the word graphene? Blockchain? Distributed Ledger? Or crypto-currency? No. It succeeding because you can get paid to do what you love. And its just like what you already know and love (Reddit). Its really that simple.

Yes there is a little market manipulation but does not matter to the average consumer who will surely be using this platform soon enough. Does that matter to people who are actually getting paid to do what is simple and intuitive already? Come on people dont make this harder than it is.

In the coming weeks as we get closer to finishing this new explainer video and website we will begin the mainstream consumer campaign to reach our mainstream audience with real utility. If you learn anything from what has happened in the last two months with Steem a project that literally started in this community. Its that do not ignore ideas and platforms that have a way to reach a real mainstream audience.

I am telling you that that is the next phase and era in the crypto-world and what Steem is doing is just the beginning. The era of blockchain is over. The era of Real Utility has just begun. Stay tuned  :)

#NewMoneyGainingSteem

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on July 29, 2016, 12:52:09 pm
For our supporters. To keep you all updated this is a sample of the end sequence for the new up-coming explainer video covering the Sollywood TV platform.

https://youtu.be/flkxl2mCC_U

This video will be geared at mainstream consumers. We've stepped up the creativity for this explainer as it will be seen by many more average everyday people than our last (which was geared specifically towards the crypto-community.)

As one can see we are still diligently working and getting excited to present what we have to you all and the rest of the world! This is just an example. Tweaks might happen to the final output of this. And there are still many more hours that will have to be put in to complete this video. But we are loving every second of it!

As we get closer to launching our campaign to reach mainstream American consumers we want to thank all those who believed in this project from the very beginning. You all have made it possible to do what we are about to do over the next 6 months.

Greatness takes time but with your help we are achieving it in real time. None of this would be possible without your donations and early help. The recent success of platforms like Steem (which is also a Bitshares based blockchain project aimed at the mainstream) should give us all hope. For the last year and a half I've tried my best to explain that their type of success would happen when we touch people's lives with real utility. Nothing trumps real utility that changes people's lives today. As a person who actually believes that I am glad to see our Bitshare's founder Dan Larimer find success with those same principles (http://newmoney.sollars.com/960-2/).

Now... Its almost our turn.

#StayTuned #Hollywood #Sollywood #Bitshares #NewMoneyGainingSteem #NewMoneyProject #JoiningSteemSoon
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on October 14, 2016, 06:16:29 pm
UPDATE: For our Supporters

This is another quick update for where the New Money project is at. We have been working hard behind the scenes on development of the Sollywood TV platform. The marketplace by which individuals will be introduced to the Sollars and Sense: Smart Money token. You can check out some screenshots:

FRONT PAGE (http://imgur.com/VHlnkcb) / LOGIN (http://imgur.com/ZuKR7QB) / PROFILE (http://imgur.com/1XRNJId) / SOLLARS ACCOUNT (http://imgur.com/86WLPxJ) / ADMIN (http://imgur.com/m3Sb5u5) / CONTENT CREATOR SEARCH (http://imgur.com/a/OY5yH)

These screenshots are from our desktop app. Our iOS mobile app is being wire-framed and designed now. Similar to SteemIt/Steem Sollywood TV will essentially be our starting marketplace to bootstrap the Sollars and Sense currency with content creators and mainstream consumers. Our mission of mainstream adoption has not changes and we are very pleased with where development is going. No one has our mission of mainstream American adoption and we will take advantage of it. Content Creators are crying out for better solutions (https://www.youtube.com/watch?v=DPjOQTOkK4Q) and we are going to be (https://medium.com/internet-creators-guild/youtube-de-monetization-explained-44464f902a22#.pc9so565h) here to finally take advantage of that and continued consumer dissatisfaction with Cable TV's options (http://www.thepostathens.com/article/2016/09/cable-is-declining).

Also the main explainer video for Sollywood TV is half way there. We had to take a break away from it to focus on the stellar website that is being designed. We've got some amazing people now working with the project behind the scene and I look forward to introducing them all soon. I am very grateful. The explainer video will be done by November tops. If you haven't checked out an ending scene from it you can view it HERE. (https://www.youtube.com/watch?v=flkxl2mCC_U&feature=youtu.be)

We are also now in the process of putting together a crypto/blockchain team which is different from the development team that is focused on the marketplace. The crypto-team will be used to essentially plan on our own blockchain and hold a second crowd-sale BEFORE the KickStarter (which will still be geared specifically for mainstream American consumers and now happen sometime in  Q1 2017.)

Going this route will essentially guarantee our project can survive the turbulence of early blockchain development and potentially catapult us to where we need to be while our early believers and then current believers will be able to take advantage of whatever success we receive. Think SteemIt/Steem's beginning with staying power. Of course that all depends on adoption but that is exactly why we will ask for continued support. A private beta for the functionality of the Sollywood TV platform is being planned and will happen soon.

Details on the White Paper / Team / Crowdsale / KickStarter / Private Beta / Website / And other information to come. If you are at all interested in joining the crypto-blockchain side of this team go ahead and send me a PM. Thank you all for the patience. It takes time to make great things but we are well on our way. Any questions please write here or PM me. Thanks!

Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: ebit on October 15, 2016, 06:58:12 am
 +5%
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on October 19, 2016, 02:49:58 pm
UPDATE: $ense Coin

Happy to debut the new $ense coins that will be accompanying us on the third phase of this journey. I'll be on Mumble this Friday to give some updates on the project and our new direction. Thanks!

(http://i.imgur.com/iWvvQpJ.jpg)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Felix on December 12, 2016, 01:22:51 pm
Is there any new update in this project?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on December 14, 2016, 10:33:54 pm
Is there any new update in this project?

Hello Felix. An update on our new direction was talked a little bit here:
https://bitcointalk.org/index.php?topic=1433069.msg16566725#msg16566725

And discussed a little bit in this Mumble hangout here:
https://soundcloud.com/beyond-bitcoin-hangouts/179no-introoutro

I was also able to get an article for the project that was written in a two part series on SteemIt. You can find that here:

PART 1 (https://steemit.com/steemsharks/@solomon-adekale/the-new-money-project-gaining-steem-and-making-usdense-part-1) / PART 2 (https://steemit.com/steemsharks/@solomon-adekale/the-new-money-project-gaining-steem-and-making-usdense-part-2)

On Part 2 MF-TZO and I discussed a little bit about the SoLCert token and holders in the comment section. Part 2 also contains an update on our current development state with Sollywood TV. So you can check that out.

Right now we are currently preparing to run a second round of crowdfunding in 2017 (Q1-Q2) and we are behind the scenes building the crypto side of our team. We are specifically devising and implementing a roadmap for the POC of the Sollars Blockchain and preparing a proper marketing strategy for the crypto world to participate. We will be going outside the Bitshares space for this second round and will be using all the funds that were to go to marketing the KickStarter to doing this second crowdsale. The KickStarter has been pushed back to the third round of funding as we have come to the conclusion that a second ICO round is more appropriate for our development stage. Rival projects like DECENT and Singular DTV have done well and with our connections we think we can do well enough also.

We are creating two White Papers. One for the Sollars/Sollywood TV blockchain. And one for the event (Sollywood Fest) in which we will do a Payout scheme similar to SteemIt's 4th of July payout to SteemIt bloggers. Our payout will be to our American Millennial Content Creators. The starting point for this platform as described numerous times. This is our industry and we already have potential film association partners lined up to get the word out to content creators and various types of filmmakers about the project and our platform.

Marketing our large payout as a Fest helps us to obfuscate confusion as film festivals in America are known for giving away prizes. This is in contrast to the message being hey come and get free money on this platform ie Steem's problem. I don't think that was Steem's intention but that is certainly how it was perceived by many and why after the payout was over many left. There is still much hope for SteemIt though and we acknowledge them in the Paper.

Some of our partners may also play as sponsors for the Fest as they are in the Festival space and this type of event could become a thing in the future. The Sollywood Fest White Paper is so individuals can understand why we are doing this event, why it will succeed in spurring on adoption in our target demographic and keep them on the platform and finally how it will be different from others.

The Fest will be here in Chicago and will contain elements of a film festival (films from our platform that built audiences), guest speakers, a mini award show for content creators on our platform and of course the actual payout from the blockchain beginning. This Fest is planned for sometime at the end of Q3 going into Q4 of next year.

Nothing has changed in terms of our goals to reach a mainstream audience with this project. The only thing that has changed is we are not waiting to build on our own blockchain (it will be graphene based). And we are no longer using KickStarter as a way to raise new money and reach our target audience. Instead we are going to use this annual style Fest and payout to do that this early on.

In order to hold a proper second crowd-sale including compensating individuals for holding SoLCerts there are many more elements to consider besides our POC marketplace with its blockchain. So we are working. Working working working. There will be plenty of time for talking and marketing next year when all the elements are in place to push out.

2017 will be a big year for us. Hope this info helps  :D

Regards,
Solomon
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Felix on December 15, 2016, 01:37:39 pm
COOL! Thanks, good luck!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on December 15, 2016, 05:29:58 pm
COOL! Thanks, good luck!

No problem Sir. Thank you  :)
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on December 16, 2016, 01:59:03 am
Is there any new update in this project?



PART 1 (https://steemit.com/steemsharks/@solomon-adekale/the-new-money-project-gaining-steem-and-making-usdense-part-1) / PART 2 (https://steemit.com/steemsharks/@solomon-adekale/the-new-money-project-gaining-steem-and-making-usdense-part-2)



Regards,
Solomon
.

Cool, I can follow you on Steemit now.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on December 16, 2016, 03:06:58 am
Is there any new update in this project?



PART 1 (https://steemit.com/steemsharks/@solomon-adekale/the-new-money-project-gaining-steem-and-making-usdense-part-1) / PART 2 (https://steemit.com/steemsharks/@solomon-adekale/the-new-money-project-gaining-steem-and-making-usdense-part-2)



Regards,
Solomon
.

Thanks Konelectric. Stay tuned for the new explainer vid  ;D

Cool, I can follow you on Steenit now.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 13, 2017, 05:21:20 pm
To Bitshares community members and SoLCert supporters this is a scene from the upcoming explainer video we have been creating in the background. It is still rough but it's one of the creative scenes we are very proud of. It took a lot of time to conceptualize how we can appeal to all Americans with the lines that I spoke. This was our way:

https://drive.google.com/file/d/0B15tKvjacYV3UkVpRmFTTnZCb1U/view?ts=58eefeab

In light of all the marketing talk and the positive reception to its need, I am excited that this project will get a chance to actually implement a holistic marketing strategy. We will also be shooting on the RED cameras for interviews and other creative content that will be utilized this time around for our second round.

GOOD HOLISTIC MARKETING IS NEEDED. PERIOD.

And thanks to your patience and support we will be able to market this project to the larger crypto world in a way that is unique and inspiring. Touch them from the emotional aspect of humanity that technology cannot touch. Our core marketing assets are almost complete. More updates to come soon. Any questions let me know.

#SollywoodTheOfficialHollywoodBlockchain
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Felix on April 17, 2017, 03:49:19 am
To Bitshares community members and SoLCert supporters this is a scene from the upcoming explainer video we have been creating in the background. It is still rough but it's one of the creative scenes we are very proud of. It took a lot of time to conceptualize how we can appeal to all Americans with the lines that I spoke. This was our way:

https://drive.google.com/file/d/0B15tKvjacYV3UkVpRmFTTnZCb1U/view?ts=58eefeab

In light of all the marketing talk and the positive reception to its need, I am excited that this project will get a chance to actually implement a holistic marketing strategy. We will also be shooting on the RED cameras for interviews and other creative content that will be utilized this time around for our second round.

GOOD HOLISTIC MARKETING IS NEEDED. PERIOD.

And thanks to your patience and support we will be able to market this project to the larger crypto world in a way that is unique and inspiring. Touch them from the emotional aspect of humanity that technology cannot touch. Our core marketing assets are almost complete. More updates to come soon. Any questions let me know.

#SollywoodTheOfficialHollywoodBlockchain

hi, when can we use your product? and when will the second ICO launch? Thanks
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on April 19, 2017, 08:59:24 am
To Bitshares community members and SoLCert supporters this is a scene from the upcoming explainer video we have been creating in the background. It is still rough but it's one of the creative scenes we are very proud of. It took a lot of time to conceptualize how we can appeal to all Americans with the lines that I spoke. This was our way:

https://drive.google.com/file/d/0B15tKvjacYV3UkVpRmFTTnZCb1U/view?ts=58eefeab

In light of all the marketing talk and the positive reception to its need, I am excited that this project will get a chance to actually implement a holistic marketing strategy. We will also be shooting on the RED cameras for interviews and other creative content that will be utilized this time around for our second round.

GOOD HOLISTIC MARKETING IS NEEDED. PERIOD.

And thanks to your patience and support we will be able to market this project to the larger crypto world in a way that is unique and inspiring. Touch them from the emotional aspect of humanity that technology cannot touch. Our core marketing assets are almost complete. More updates to come soon. Any questions let me know.

#SollywoodTheOfficialHollywoodBlockchain

hi, when can we use your product? and when will the second ICO launch? Thanks

[member=24955]Felix[/member] thank you for the question. We are in the final two week sprint on the MVP before we can begin privately testing the product with others. The Sollywood TV gateway product will not launch to the public until AFTER the second round of funding. It will only be used to show investors and supporters that we now have a POC/MVP to build off of and take mainstream.

We will be using further funds to connect the gateway to its own lightweight blockchain. Similar to Steem/Steemit (different economics though). This is what we will be raising money for and the gateway will be set up as its own start up to become a fiat exchange in and out of our tokens on the blockchain for normal everyday consumers. We will only be dealing with our tokens and Dollars. Anyone else will be able to build what they want on the blockchain though no different than any of these other chains.

Sollywood TV will necessarily have to become a FIAT gateway to avoid the disastrous UX of Bitcoin. We've done the research. Its a losing proposition for grandma if you want her to adopt your crypto-currency. In order to go mainstream you need the proper funding and we can do it. Second ICO can be expected to commence sometime over the summer. Right now we are currently working on the White Paper and talking to individuals who can be contracted to build our chain once we raise funds. There are several avenues that can be taken here so its all about hearing people out.

We will need to do some heavy marketing to get it out there properly. The new Bitshares price has been a Godsend. We did not even expect to have this much funds to market and build a small blockchain team. But timing is always everything. And its right on time.

Finally I have to reiterate we will not be staying in the Bitshares community for funding. I love the Bitshares community but it is clear we will need to go outside of it to properly get funding and build the right support. So I have been working relationships in other communities. They are VERY receptive to the work that has been put into this project. Any relevant announcements will be made. Any questions let me know. Thanks.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: virtualgrowth on April 19, 2017, 09:34:03 am
Thanks for the update and look forward to further development of the various parts of your (ad)venture.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: Felix on April 19, 2017, 12:41:33 pm
Thanks! Wish the second ICO gets the great success!
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: pc on October 04, 2017, 04:29:34 pm
Update? Can I write off my investment or is this still alive?
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on October 04, 2017, 06:51:11 pm
Update? Can I write off my investment or is this still alive?

Thanks for the reply. I've been active on other Bitshares  channels other than this one and the project is still in full effect. Traffic slowed down here  but it seems to be picking back up so that is good. Now that we have a legitimate legal representative interested in handling our project a full update will come at the end of October. Things have taken longer than expected which is always the case with blockchain projects but I'm pretty excited to share the new directions of the project as a whole.

To clarify for legal purposes we accepted donations to the project not investments. Please consider the difference. As stated the project will still exchange solcerts at a certain rate for the new ICO taking place in which Sollar Bonds will be up for auction. This is what was stated and it will still happen.

 The White Paper stands at 65 pages and is largely what attracted our current process with this prominent legal team. With that said the project is still on and we will be making major announcements this month.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: pc on October 04, 2017, 06:59:12 pm
Thanks Solomon. Looking forward to hear the news.
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: SolomonSollarsNSense on October 04, 2017, 07:14:14 pm
Thanks Solomon. Looking forward to hear the news.

Thank you for sticking it through. Stay tuned
Title: Re: [ANN] NEW MONEY: The iTunes of Blockchain (powered by Bitshares) + SOLCERT ICO
Post by: konelectric on October 06, 2017, 07:44:05 pm
Update? Can I write off my investment or is this still alive?

https://youtu.be/9RaGLtJaZjs
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on December 11, 2017, 04:25:35 pm
FULL PROJECT UPDATE (PART 1) [ 12-09-2017 ]

INTRODUCTION

Hello to the Bitshares Community,

Before I begin, I first want to give a sincere apology to all the followers and original donators for this project. This is a very late response and I know that. There have been a number of developments for the project which have altered the direction in which we are going. I did not want to give an update until I felt there was solid progress with the new frontier that is being taken. Now that that is the case the project is ready for an update. I am excited about this new direction but it has meant pivoting and reconfiguring a lot of components and strategies for business development. That process has taken time. A lot more than I first envisioned. But I believe it will be well worth it in the end. At least for what is trying to be accomplished.

As stated from the very beginning:  As a project we are here to garner mainstream adoption of the digital token Sollars and Sense: Smart Money. When we say “mainstream audience” we are particularly talking about the highly sought after American mainstream which is estimated to be in control of$24 Trillion by 2020. This includes Millennials. The specific application we will be marketing to them is in an industry (Hollywood) that is estimated to be worth $500 Billion Dollars a year when taken with its other Entertainment counterparts. This is our starting point. And the application is there to fix a serious pain point a majority of Americans agree they need fixing.
 
Sollars and Sense will be the first digital token to attempt going directly to mainstream American individuals who have never used blockchain. And we plan to succeed with them. We are going where not even Bitcoin has gone or can go.  Where the actual money lies beyond Bitcoin’s dominating market cap and the corporatization of blockchain (which is now being masqueraded as “mainstream adoption”). Who didn't see that coming  ::)
We will go for actual mainstream adoption with grandma not her banker’s boss.

LEGAL
The project is officially “The Smart Money Project” and we will be working to build the open source price stabilizing protocol the “Smart Money Protocol”. We are looking to be one of the premiere American based blockchain project to represent here in the States. As exciting of a market opportunity America is, it is imperative we are legally prepared. Especially with introducing a token system that could potentially compete with the Dollar long term. We obviously do not expect this in the beginning. Nonetheless for this long term reasoning we have been seeking the right representation that will help throughout this journey. I do believe in compliance within reason, but we are not looking to pander to the current system or its "traditional" ways of seeing finance. That is who is being disrupted.

With that said, to begin our journey MME is officially onboard as legal representatives for the project. They will be helping out for legal consultation, taxes and compliance issues as it will pertain to setting the project up for early operations including our proper Pre-ICO and official ICO which will happen in 2018. Legal alone has been a meticulous vetting process that could not be rushed. Especially with the industry now taking on a “corporate” tone with high players eager to sell out the spirit of why all this was started in the first place. But I digress.

MME so far has been a pleasure to work with. They understand the nature of what we are doing and its importance as a concept and potential blockchain platform. After looking at the rough draft of the White Paper and the larger concept they were on board. I look forward to digging deep into the project and setting it up for proper operations. I will be traveling to Crypto Valley (Zug, Switzerland) in January to officially begin the legal set up.

MME has legally represented Ethereum, ICON, POWR, Cosmos, MelonPort, Tezos, BlockV, SingularDTV, and other very well known projects. They are a powerhouse in the crypto space and have access to a network of individuals and institutions that could help the project with a number of business development goals.

THE SMART MONEY PROTOCOL
This is primarily the new addition to the project that was not there before. Originally we were going to use the Bitshares blockchain to begin and then migrate later to its own chain. This is no longer the case. We are doing it immediately and now. This was the big pivot of the year and looking back on the way the industry is progressing I am 100% glad about the decision to do our own blockchain. There were many reasons to do the protocol which I have been thinking about for at least four years now. Two reasons stick out the most.


THE BASICS
The Smart Money Protocol is a third-generation stabilization protocol. Its primary purpose is for creating decentralized blockchains which can scale to mainstream usage within normal everyday people’s lives and an everyday economy. It is a two token asset system designed to specifically tackle the issues with blockchain technologies as it pertains to “going mainstream” or scaling with real adoption coming from the next generation and its emerging digital economy.

In contrast to the popular crypto-currency deflationary/high fee model the Smart Money protocol will look to adopt a supply and demand equilibrium or price stable model for its token unit system. That is to say the token supply will always look to equally match demand within the system given a peg (x). And transactions, if kept within the use of allotted bandwidth, will come with zero fees. All of them big or very small.

The Smart Money Protocol’s token economics for stability is divided into three primary functions:

1.  Creation: The generating of new supply to match demand against a pre-defined peg
2.  Distribution: Distribution scheme of the new supply across the network to all individuals (VERY IMPORTANT).
3.  Destruction: Mechanisms for reducing supply when needed to keep long term stability

THE TOKENS
There are two tokens that are used to create the decentralized rewarding protocol on the blockchain. Neither token represents a traditional security or financial instrument tied to outside laws associated with Fiat Governments. But we use semantics as a marketing tool for easy adoption of the functionality.

Sollar Bond: The official implementation of the core token
Although there is no clear-cut example of this type of token in the traditional financial world, quasi-analogous analogies can be used to paint a more traditional picture. That is to say it works most similar to US treasury bonds and the protocol uses it the same way the US government uses its T-Bills and T-bonds to fund the United States. In this system that process is decentralized and automated with this token and doesn’t carry the sort of parameters that would make it a security. Its core feature is the ability to represent a future portion of the stable token should a user lock it in the system for that potential value. This means owning Sollar Bonds gives you access to value that may or may not be created in the future based on adoption of the chain. And only those who lock SBONDs in the system have access to this potential inflation.
 
In a general sense this means the Sollar Bond represents the blockchain’s ability to automatically print or reduce supply to grow itself, maintain itself and or provide others with specific utility that increases their value on chain. It allows speculators and investors to speculate on just how successful the blockchain can be or not. No different than Bitcoin. It has the added value though of the next token.

SOLLARS AND SENSE: SMART MONEY -  The Stable Token
This is the token meant to be stable in the system against a peg that can be pre-defined. Under certain conditions, given delegated proof of demand (part of the consensus protocol), the system will expand the stable token supply or contract it to keep it stable against the peg and the system’s real world economy that may attach to it. Depending on what it is pegged to the stable token is meant to serve the purpose of medium of exchange and unit of account for mainstream individuals. It is also used to provide both potential values that are attached to the SBOND when that token is locked in the system. One value is the Face value, the other potential value is the Variable Value which works similar to a yield. Only locked tokens are eligible to receive both values. Any unlocked core tokens can be exchanged or moved freely but they will never receive any of the potential value of the stable token until they become locked or illiquid in the system.

Basics of Stable Token:
Austrian School of Economics defines money as: The most marketable commodity. We believe and know this brand is for that specific purpose. To the average American or foreign Joe it’s exactly what it sounds like. It is easy to understand, will be easy to use and will instantly be recognized by every American. To go further the Sollars and Sense brand supported by its default divisibility of two decimal places means the learning curve for this system's stable token starts at absolute ZERO. In other words, everyone around the world, every entrepreneur, every person that contributes to the Dollars $62 Trillion market cap understands this alternative "right out of the box". It takes no effort and the psychological benefits will speak for itself.
 
These elements will allow us to focus on scaling a very complicated technology by piggy backing on the fame and understanding of the American dollar in all nations. It will also eventually play a huge supporting role as a nice incentive to not "cashing out" or needing to exchange out of the system. This will naturally happen as the system develops an ecosystem around it and its proof functions.
 
Sollars and Sense: Immediate Mainstream Utility
 
A BRIEF WORD ON COMPETITION
There are plenty of competitors to this project and its protocol ambitions. The main direct one’s from a purely technological point of view would be BaseCoin and maybe Nubits as a forerunner. Followed by Indirect Competitors like Radix, BitUSD, MakerDAO, SBD,  and any other project that offers a stable coin for the purpose of price stability against a peg. All of our projects are different implementations of trying to achieve the same goal of stability.

You can think of it as a game of Basketball with the purpose of “getting the ball in the hoop”. In this analogy that purpose is the same goal as “making a token stable against a peg (x(Dollar)). Going back to basketball, there are plenty of approaches to getting the ball in the hoop. You can shoot it from half court, you can shoot a three pointer, you can shoot a two pointer, you can shoot a lay-up or you can dunk it. All are different approaches to getting the ball in the hoop. All are different approaches that come with their pros and cons when faces against a team (ie an open marketplace for competing). Our projects all have the same purpose of getting the ball in the hoop ie stabilizing a token against a peg. We just have different approaches to achieving that purpose. Some are trying to shoot half court shots which are difficult but impressive (BitUSD), others are shooting three pointers (Basecoin/Radix) others are bricking lay-ups (Steem backed Dollars/Nubits) and others are trying NBA Jam-style slam dunk (us).

I have no corrals with competition. As a strict Capitalist I welcome and embrace it as it makes us all better when the market competes for attention. The consumers who we are trying to reach with these products matter the most and how the tools we are building can impact their lives. With those words To the competitors I look forward to meeting you all in the open market of potential target demographics. I hope you are all prepared to compete on every level of a business model. Not just on the open source tech. I’ll leave it at that.

PROTOCOL’S DIFFERENTIATOR
In the past often blockchain development experts and enthusiasts that recognize the enormous opportunity with a stable protocol have struggled with devising the “perfect” distribution scheme. We believe rather than trying to get things perfect it is best to get things right. When we say right we mean right for a specific definable goal. We believe any implementation of a distribution scheme will either maximize adoption of a token sytem by incentivizing users to produce measurable actions that achieve certain said goals (smart) or hinder it based on giving individuals new supply and them doing the opposite of what is the blockchains stated end goal.

In other words. We ask the important question: Why are you receiving new supply? Just owning stake is not good enough. We believe one has to be performing a certain measurable action that is actually helping to achieve the stated goal of the protocol. Then they qualify to receive new supply as those actions are in line with the stated goal. The differentiator for this project will be its “Smart” Distribution scheme and the Proof System it uses to measure who will be getting newly created supply. The proof system is set-up to govern what we call the “Competing Percentages”. Where groups of individuals who have been defined as class type in the system compete for percentages of newly minted supply. They do this by submitting their proofs.

The purpose of Competing Percentages is to give every group of individuals who get a portion of new supply the correct incentives and motivation to grow the value of the system against the pre-defined peg. Grow it in a way by submitting key actions to the system as inputs that can be definitively and computationally measured by the Protocol for its effectiveness. Given these inputs if the system is measuring they are not providing growth then their portion of supply can partially go to other groups in the system that are providing these markers for growth. This way everyone in the system is in competition with each other to grow it.

This is something no other stability protocol is focused on and we are glad to be doing. This is something BitUSD cannot configure because it is tied to the economic layer of Bitshares and its specific instructions for BitUSD creation which needs two individuals with opposing views on the peg. Nothing wrong with that. It just means it will attract a different audience. One we are not looking to appeal to right now. More thoughtful and enhanced configurations of competition is something we do not see enough of with distribution schemes within blockchains. There are so many ways to get creative. Instead we get the typical let computers compete with wasteful energy or dont let anyone compete at all. Or if there is competition in who gets new tokens let there be high barriers to entry to where only a few can compete effectively creating oligarchies. I believe this concept of Competing Percentages and the Proof system that goes along with it will set this stabilizing protocol apart from the competition. More details will be revealed on this as we move forward. A lot is still being figured out at the technical level.

CURRENT STATE: White Papers
There are two White Papers being developed. The main White Paper and the Technical White Paper.

Official White Paper
This is the main White Paper. It gives a general overview of the entire project but in the context of Hollywood and a mainstream Hollywood business which is where we expect a majority of our real world users to come from in America (to start). It will be presented in language that is easily digestible and go into important topics as it pertains the the Business Model Canvas. We focus on a lot of the Intangibles of the project that will not be easily replicated should success come our way. This in our opinion is the most important feature of blockchain projects moving forward. How the hell are you different and what do you plan to do that is different and cannot be replicated. This paper touches on that in a lot of details.

Smart Money Protocol: Technical White Paper
This is the second White Paper and is equally important. It will go into detail about the specific functionalities of the Smart Money Protocol. Right now it contains the first draft of high level logic and all the key concepts to the actual protocol. Going forward, using this logic, the information will be broken down into its modular blockchain components. Obviously then functions can be devised and we will begin actual development. Graphene is the key choice of technology for now. But depending on who we consult and or hire this may change. We are currently still reviewing the logic as many things still have to be figured out. Especially with the Proof system. Those who are interested in helping to review can PM me.

After the reviewing process we will begin to hire for consultation, contractors and or official members to the Project team. Legal set up will be needed so we will keep it in review mode until then.

SPECIAL THANKS
I want to take the time out now to give a special thanks to Michel Santos who has been working with me for the last couple of months to reconfigure the project for a more blockchain centered focus. His contribution has been monumental in allowing me to set the basis for what the project will look like from a technical and business level. It was an honor to work with him and I look forward to his continued contribution as we take this project to the next level. Every project no matter how big or small never lives or dies on one person alone. It take a team and will take a culture to get mainstream adoption. And it starts with one person. It has been a pleasure to work with him.

SOLLYWOOD TV: THE PRIZED GATEWAY
(https://i.imgur.com/OQKo54U.png)

Where this all started. As originally devised we were going to start with a platform that could actually be an immediate use case for the blockchain. For too long we had an industry more focused on dazzling with feature sets instead of doing the hard work which comes with business model development. You know, garnering other important keys to adoption like target demographics, channels to reach those demographics and detailed roadmaps which could lead to those demographics acquisition into the blockchain through gateway products. This was all going to change with Sollywood TV. And it still is the case today as the value proposition of Sollywood TV {ie Content and Content Services at the right price} is even more relevant today than it was when we started last year.

To reiterate the value proposition: Sollywood TV as a marketplace is about content and content service at the right price. Whether it is a student film at below a penny, your neighbors short film at 3 $ense, a vlogger with a subscription service at 50 $ense, a former Twitch Gamer channel at 99 Sense or Netflix at 11.99. It does not matter. The gateway (as a business) is there to make sure that those different content experiences are priced in a way where majority of American consumers will actually pay for it. That is how both the gateway and content creator partners make money.
 
But with all its relevance today with the industry’s current climate, for the project it is now just a gateway. It's a gateway for the mainstream into our technology. Sollywood TV is just one content pricing model, one use case application that can be enabled by Smart Money’s decentralized blockchain rewarding protocol. It is not the only one, but we believe it is the most profitable to scale and acquire the most amount of creators making content in today's Hollywood and Entertainment industry ($350 Billion Industry currently). In addition it provides an immediate utility for the decentralized rewarding scheme and shows off exactly what it can do when aimed at the right demographic. To the average content creator it will be like receiving bonuses on top of their lucrative cut of revenue from the gateway. Full descriptions are in the White Paper.

In relation to the protocol: The smart Money protocol’s unique crypto economic proof system can handle all of the different types of content models that may be profitable from Hollywood. So besides Sollywood TV we expect to see many more models of Content pricing pop up to take advantage of this. These other models for instance a decentralized Twitch TV, Bittorrent/bounty platform, a Patreon type service or even a Decentralized YouTube can all be built on the Smart Money protocol. Many of these different content model types will want to utilize the Smart Money protocol and capture a majority of that growth into the TV industry which could be worth upwards of $600 Billion alone by 2020. And again this is just Hollywood. And it is just a start’

TARGET DEMOGRAPHIC: AMERICAN MILLENNIALS
I have already stated many times why we are starting in Hollywood and with American Millennials. They are the most valuable demographic in the world with the most upside potential especially with products that disrupt Hollywood Distribution. With the beginning of this project we have an opportunity to start it around a segment of people that already desperately need its base stability functions and the many products which will act as gateways to it. This is both on the consumer side and the merchant side. Therefore as a starting point our project is specifically geared towards the American Millennial. Everyone else in the world as a target demographic on both the consumer and merchant side comes after them. And for good reason.

We believe our focus on the American Millennial Demographic will be a huge gold mine for the following reasons:

Although not the most important, this final point is the most fascinating to understand. Investors have actually thrown Billion dollar valuation at start ups that are losing money with no revenue. The one thing these startups can show effectively is Millennial engagement or eyeballs glued to their platform. No other demographic can claim this. Here are just some of those companies:

We are excited to target this same demographic with a platform and value proposition that can actually showcase how blockchain will affect their lives immediately.

CURRENT STATE: MVP/POC/Alpha State/Features to expect
The MVP or Pre-Alpha of Sollywood TV is completely developed including the first two content experience types (Movies, Subscription Channels) all the way to notifications. Both content pricing models carry the vast majority of content experiences and therefore content creators which can monetize with the platform. We had a focus on creating a UX that would outperform what is currently on the market while including Sollar and Sense. The UI will take an update as we start to actually build the roadmap which will connect the gateway to the Smart Money Protocol. The product currently has both a desktop App and an iOS application.

We are now doing the final testing for the platform’s MVP functionality when it comes to bug fixes and last minute configurations for the Alpha. The Pre-Alpha’s purpose is to show individuals before our Pre-ICO what a proper mainstream business looks like when it is attached to the Smart Money Protocol. We are pre-populating the platform with various types of content creators and artists we will actually be targeting for the Beta process in which their will be a contest for a grand prize pot. It is one tactical campaign from one of the six major marketing categories we have set up for the project. You will be able to read full details in the White Paper. The purpose of the marketing tactic is to get content creators to bring their audience to the platform.

The Pre-Alpha is there to show everyone those individuals who we will be targeting and the types of genres to expect right out of the gate. Since we have lots of competing projects today we will not be divulging all of our holistic marketing plans for onboarding but it is one of the aspects of the project that will play a huge role in separating us with quality intangibles. Speaking of marketing...


Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on December 11, 2017, 04:27:09 pm
FULL PROJECT UPDATE (PART 2) [ 12-09-2017 ]

MARKETING
The marketing plans have changed as we are now promoting a blockchain project and not just one product that will be on that blockchain. As such we are no longer appealing for KickStarter and will take on a dual approach for marketing. One where we do both Crypto-marketing and traditional holistic marketing. Crypto-marketing will primarily happen before the Pre-ICO and ICO and the proper traditional holistic marketing will happen after both funding rounds are complete.

CRYPTO MARKETING
We have identified a number of tactics that will help with marketing the new ICO rounds. You can see some of them here:

NEW ICO VIDEO
For our new ICO rounds we are completing a new video that has been created. You can check out a rough version of it here:

ICO EXPLAINER VIDEO:
https://youtu.be/SWSugi-F91Y
 
For a blockchain project we chose to go a different route. Instead of focusing on how the Smart Money Protocol will be beneficial for its feature set (which is difficult to do in three minutes). We instead focused on an actual mainstream product and how the blockchain helps this product for everyday consumers. Of course its Sollywood TV. Sollywood TV is the consumer facing product mainstream individuals will use to access the Smart Money Protocol. This again is just to start.
 
Rather than explain the product with blockchain lingo we took a more mainstream approach and used concepts and everyday language that can connect on an emotional level. Especially with Americans and their Millennials who are looking for this type of product. This version of the video does not contain music or a finished sound design. We are in the process of creating and or finishing that up now. We would love your feedback. This is the video that will be used for all of our crypto marketing done during the Pre-ICO and before the official ICO begins.

WEBSITES
We are developing three websites. We’ve partnered with an excellent Web Design firm and  they are creating websites for the upcoming ICO and continued development. One website is for the Sollywood TV gateway product and its roadmap. The other is for the merchant side of the market for that same gateway product. Neither are live right now as they are still being built.
 
Website Asset:
1. Sollywood.tv (gateway product)
2. Join.sollywood.tv (content creator/merchant on boarding site)
3. Sollars.com (Smart Money Protocol/Blockchain Team)
NOTE: The third website asset will be create closer to the ICO to launch for the blockchain side of the project including team, Investors and advisors. We are now in the phase of building this side of the team.

Sollywood.tv
We are very proud of the current Sollywood TV website and its development. Like the ICO video, the website plays like a movie where each section is its own “scene” and the onscroll action leaves the viewer ready for the next. It is very similar to our ICO video where each line has a different style of animation and illustration that both work and string together a tapastry of creative storytelling.

You can see a preview of two section here:
(https://i.imgur.com/q6JsXGc.png)
(https://i.imgur.com/FTG27OR.png)

HOLISTIC MARKETING CAMPAIGN
As we have seen with many projects, marketing especially with a unique holistic approach, can be very lucrative when it comes to adoption. As a matter of fact we would argue that it is even more important than the technology when taken as a whole. There are plenty of projects with inferior technology but larger market cap value due to their “presence” and community in the space. This is mostly due to what is called holistic marketing. Or at least elements of its tactics which many blockchain projects unknowingly do.

Marketing is also one of those very important intangibles a blockchain will never be able to circumvent. Maybe advanced AI but not a blockchain. Holistic Marketing is the reason why a blockchain with a 7 year old consensus algorithm is still number 1 in market cap among much more superior implementations. Therefore we take a Holistic approach to marketing. One that does not look at marketing within its own department. But instead an approach that includes every aspect of the Smart Money Project as a marketing asset. Marketing includes the business model value proposition and how it gets into the right hands how that is communicated and what is communicated. This is a style of marketing that is now very common within the traditional tech space in America. And it has worked very well.

Due to increased competition within the space we do not wish to go into extreme details on our marketing plan. But we will divulge the basics and paint enough of a picture to get our approach and the seriousness that comes with how we view marketing. A large amount of our funds will go towards our holistic marketing campaign with tactics that have been used to grow and retain mainstream users on platforms like DropBox, Uber, SnapChat, Facebook, Netflix, and much more. Platforms with actual multi-billion dollar valuations.

Marketing Tactics: The Fundamental Basics

Holistics marketing can mean the difference between 100k users and 10 Million users. Every project must be held accountable for how they plan to get actual people to use their blockchains. We are no different and want to set the standard for how this could look. Our approach to marketing will consist of 6 basic general categories that all marketing tactics fall under. We believe it will contribute to our first 100 Million user milestone over three years. They are as follows:


We will have specific KPIs for each tactic we use as a project that will allow us to measure its effectiveness for the target demographic that has been defined. If something is not working we scrap it and move on to something that will. There will be key hires for our marketing strategy and we will work with professional firms for both our crypto marketing and traditional holistic marketing plans.

SLACK CHANNEL/TELEGRAM/FORUM
These are all marketing assets that will be created in the near future when the timing is right. We want to get our advisor round started first and complete some legal tasks. I have already gathered many supporters who believe in this project and want to invest and be active in building our worldwide currency culture.

PRE ICO/ICO
As stated already we will be looking to do a proper Pre-ICO and ICO round for the project now that we have plans to build the actual blockchain. Here are the basics of the terms:

We are doing a variation of the popular crypto-mining auction style ICO. This means there will be a set number of the blockchain’s core tokens up for sale. The initial total supply of Sollar Bonds will be 2.5 Billion. There will be no Sollars and Sense in the system at the genesis block. There will be a potential 1-1.5 Billion Sollar Bonds up for the Pre-ICO and ICO. This includes Advisor/investor round participants, SoLCert Holders and the bonus structure that is included for both rounds.

For the Pre-ICO we will be looking for individuals to donate as much as they would like in an allotted time frame. The amount of Bonds up for this round will be between 100-250 Million Bonds. With a cap of 3 cents each (just an example). We will discuss with MME. So in this example no one will be paying more than that cap per SBOND. They may pay less, but they will not pay more. This again is just an example. In this example this will allow us to raise a maximum of $3 Million for the Pre-ICO. This will all depend on the amount of interest that can be garnered for the project. There will be a minimum investment to close this round out quickly.

For the official ICO round which will take place a short time later, 1 Billion Sollar Bonds will be up for sale with a bonus structure that may extend that amount to 1.3 or 1.4. During the 30 day period Individuals can donate as much as they would like up until the ICO period ends and or we reach the cap of $150 Million. Bonds will then be dispersed to each individual according to how much they donated. In this scenario no individual pays more than 15-18 cents per Sollar Bond. They may pay much less, but they will not pay more.
 
We prefer this style for the second round because it allows the market to decide the price of what the Bonds will be while allowing us to potentially fund years of development and growth without the need for traditional institution rounds if we are successful. We are creating an alternative to the Dollar. Real funding will be needed. The other 1-1.5 Billion supply will be delegated to the Reservist Delegate Fund address on the blockchain. This supply will start its vesting after a two year lock-up period. After that period it will vest over 1 year being released to the Reservist Delegate of the system.

AVOIDING PRICE MANIPULATION AND DUMPING
There is no max a contributor can contribute but we will work with MME to propose a structure where those individuals who receive a supply of the core token (Sollar Bond) that exceeds a limit (x) will automatically have their supply vest over time on the blockchain. This way we get less price manipulation and incentives are more aligned. This will be the case automatically with advisors.

Funds are being raised for the following purposes:

THIRD PARTY ICO Facilitator 
As of now we have no plans to initiate this ourselves and will be seeking a third party provider to handle the actual ICO. We are having a conversation with MME about this. We will only be accepting ETH Ethereum and BTC Bitcoin as main tokens for this project. But depending on the investor relations activities that take place from now until ICO launch that may change. As of now the intended date of the second round Pre-ICO can be anywhere from late Q1-early Q2 of 2018. The actual ICO a short time after it and the blockchain can launch late Q3-early Q4 of 2018. It all depends on how fast we can get the proper team up and running for this project and build out what is necessary on the blockchain side. The blockchain aspect is what needs the most development as of now. And also setting up the legal structure to properly develop it as an open source initiative.

NEW SUPPORTERS
As of now we have gotten interest in our project from multiple individuals who reside around the world. Though we will mainly be aimed at the United States at the application level we are open to worldwide contribution at the open source blockchain infrastructure level. And of course the decentralized token economic level. Throughout 2017 I have made a number of solid relationships with individuals in groups across our industry. And Although they are not a professional investor class of individuals, we already have a number of folks willing to contribute from $5000 up to $250,000 as single individuals. This is encouraging of course but we still want to make sure we are maximizing investor relations. That is also part of why we are seeking proper legal representation. This is so that we can do this on a much larger scale. These individuals were gathered without our crypto marketing or professional push into the industry. This also does not include any of the Investor relations we may do moving forward.

NOTE: It is important to note Sollywood TV is NOT what we are primarily raising money for. It will be a beneficiary entity of our ICO but we are mainly raising money now to build out and maintain the open source blockchain aspect of the project (Smart Money Protocol). Both Sollywood TV and the Solex Liquidity Provider will seek separate funding aside from a potential grant through the ICO as they are essential infrastructure products for the chain, But are not part of the open source protocol.

SOLCERT HOLDERS (Special Early Contributors)
During the months of March to May 2016 we had our earliest contributors to the project donate BTC, ETH and BTS (Bitshares) to get the project started at the application layer. We are very grateful to these individuals who allowed us to make huge progress in a big way. A token was created on the Bitshares blockchain (SOLCERT) which was given to donators AFTER the Pre-Sale had ended. This token is suppose to give access to the core token of the official chain at a set rate per solcert.

This is still being thought through and a conversation will be had with our legal advisors on how best to compensate while avoiding regulatory landmines. As such for each solcert an individual holds we expect to exchange that token for the core token Sollar Bond at a specific rate. Again that rate has not been chosen as of yet but will most likely be 3-5 Sollar Bonds per SoLCert. Right now about 8 Million SoLCerts exist in the market. Four Million were sold. The rest of the 4 Million supply of SoLCerts will be burned.

SOLCERT TRADING (Ending)
SoLCert holder have until the end of Saturday December 30th 2017 at 12pm CST to sell and or buy the token. After this date and time the markets will be locked and trading will no longer be permitted. At this date whoever contains the supply in their hands will be the ones to receive the exchange rate when the blockchain launches. This is a fair warning. The following message will go out to all SoLCert holders during the next week:

Attention All SoLCert Holders. All SoLcert trading and markets will be frozen December 30th 2017 at 12pm CST. This is in preparation for future funding rounds for 2018. Please see this link for more information and updates: (link)

EXCHANGE CAMPAIGN

Sollar Bond (ticker: SBND)
Once the second round ICO is over we do plan on doing an exchange campaign to get the Sollar Bond listed on several exchanges. Bittrex and possibly Binance will be immediate targets out the gates. But there are other exchanges. The Sollar Bond is the core token of the system similar to Bitshares BTS, EOS and Steem so it is the only token we will seek right out of the gate. Sollars and Sense will take a different path...
 
Sollars and Sense (ticker: USDS-SOLS)
We will not begin an immediate campaign to get the functionality of Sollars and Sense as a stable token to exchanges. This is unnecessary to the immediate adoption of this token as it serves a much better purpose in the hands of Americans (Millennials to be exact). But once we have a solid foothold with this demographic we plan to leverage this demographic with exchanges. It is then that we will seek a separate campaign for the Sollars stable token (tickers: USDS for exchanges) as it can serve similar functionality like Tether for the market. Plus it may pay 5-7% annually just for holding (see White Paper). And it will then be backed by the productivity of a generation who are actually using it and will recognize it on the exchanges very easily to any competitor.

NEXT STEP
So, what happens from here? Next step is to gather key advisors for the project and key contributors or individuals who would like to contribute to ironing out the logic of the Smart Money protocol and see the new direction as an endeavor they are inline with. We will be going outside the Bitshares community for this as this is now a separate blockchain project with its own goals. We have the funds to pursue both an investor round and begin deeper research and configuration of the actual protocol.

Smart Money Protocol: Technical Contributions
As stated we have the funds to begin development of the actual protocol today. But first we need to know exactly what we want to build based on the concepts presented. We will need extensive review for technical considerations and then a mapping out of what actually needs to be built with a long term roadmap of development and what that will also look like.

This is the current process moving forward:
Our legal team will be instrumental in this process as they have access to a blockchain network that can be tapped for all these steps and business guidance.

Smart Money Protocol: Advisor Round
We have also begun to seek key advisors for the project. This is mainly in three categories:

This process has just begun and will pick up as we continue our relationship with MME and create the proper foundation for the project.

WHAT YOU CAN DO
Right now we would like individuals to review the ICO video and give feedback. Please limit sharing of the video as it is not time for it to go out in mass. Testing of the Sollywood TV’s MVP will follow. We are still in the process of Pre-Population. Once we have it up we will look for individuals to help out and give feedback. Finally if you would like to contribute to the technical review around the concepts concerning the Smart Money Protocol feel free to PM me. If you know of anyone that would qualify to comment on creating a functional decentralized bond system I’m always open for introductions.

CONCLUSION
This sentiment can be seen everywhere. Bitcoin for what it is worth is NOT a medium of exchange or that great of a “unit of account”. Whatever “beats” bitcoin will use the fundamentals of basic economics to make this simple argument with proper functions. In order to beat Bitcoin one has to provide a service, good or function that Bitcoin can never provide. Bitcoin will never provide a stable platform for everyday economics. And we will in an actual market that is relevant. And a market where everyone is scared to go. Stable token platforms are listed as one of the 10 Big Defining moments to make a mark on our industry in the next two years. It feels like we are arriving just on time from a blockchain perspective.

I want to thank everyone who has stood by this project through everything. The issue with the project was always that we did not have the funds to do it properly. This is no longer the case.If you are unsatisfied with the updated approach of the project and have a stake in it through SoLCerts when your solcerts are converted to SBONDs on the new chain fill free to sell them. Or you may sell them on the open market up until December 30th 2017 at 12pm CST. But this is where we are going. If I had listened to all the naysayers last year an opportunity that is now undeniable would have been missed. The industry is clearly moving in the direction of mainstream adoption and Hollywood is one of the top blockchain projects that are receiving record amounts of funding. And still none of them are doing it properly. At least not properly to reach American Millennials. We will.

I thoroughly look forward to the variations of Price Stability platforms which will come into the spotlight moving into 2018 as the industry bucks at Tether and other implementations which are not user-friendly. There are always trade offs in a system. The key is to provide a key demographic with actual functionality that works in their everyday lives. For us this has not changed and our market is still wide wide open. Cheers!
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: pc on December 11, 2017, 05:38:40 pm
SOLCERT HOLDERS (Special Early Contributors)
During the months of March to May 2016 we had our earliest contributors to the project donate BTC, ETH and BTS (Bitshares) to get the project started at the application layer. We are very grateful to these individuals who allowed us to make huge progress in a big way. A token was created on the Bitshares blockchain (SOLCERT) which was given to donators AFTER the Pre-Sale had ended. This token is suppose to give access to the core token of the official chain at a set rate per solcert.

This is still being thought through and a conversation will be had with our legal advisors on how best to compensate while avoiding regulatory landmines. As such for each solcert an individual holds we expect to exchange that token for the core token Sollar Bond at a specific rate. Again that rate has not been chosen as of yet but will most likely be 3-5 Sollar Bonds per SoLCert. Right now about 8 Million SoLCerts exist in the market. Four Million were sold. The rest of the 4 Million supply of SoLCerts will be burned.

SOLCERT TRADING (Ending)
SoLCert holder have until the end of Saturday December 30th 2017 at 12pm CST to sell and or buy the token. After this date and time the markets will be locked and trading will no longer be permitted. At this date whoever contains the supply in their hands will be the ones to receive the exchange rate when the blockchain launches. This is a fair warning. The following message will go out to all SoLCert holders during the next week:

Attention All SoLCert Holders. All SoLcert trading and markets will be frozen December 30th 2017 at 12pm CST. This is in preparation for future funding rounds for 2018. Please see this link for more information and updates: (link)

Erm... I "donated" several BTC IIRC, but I don't have any SOLCERT tokens in my wallet. How do I claim them?
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on December 11, 2017, 05:43:19 pm
SOLCERT HOLDERS (Special Early Contributors)
During the months of March to May 2016 we had our earliest contributors to the project donate BTC, ETH and BTS (Bitshares) to get the project started at the application layer. We are very grateful to these individuals who allowed us to make huge progress in a big way. A token was created on the Bitshares blockchain (SOLCERT) which was given to donators AFTER the Pre-Sale had ended. This token is suppose to give access to the core token of the official chain at a set rate per solcert.

This is still being thought through and a conversation will be had with our legal advisors on how best to compensate while avoiding regulatory landmines. As such for each solcert an individual holds we expect to exchange that token for the core token Sollar Bond at a specific rate. Again that rate has not been chosen as of yet but will most likely be 3-5 Sollar Bonds per SoLCert. Right now about 8 Million SoLCerts exist in the market. Four Million were sold. The rest of the 4 Million supply of SoLCerts will be burned.

SOLCERT TRADING (Ending)
SoLCert holder have until the end of Saturday December 30th 2017 at 12pm CST to sell and or buy the token. After this date and time the markets will be locked and trading will no longer be permitted. At this date whoever contains the supply in their hands will be the ones to receive the exchange rate when the blockchain launches. This is a fair warning. The following message will go out to all SoLCert holders during the next week:

Attention All SoLCert Holders. All SoLcert trading and markets will be frozen December 30th 2017 at 12pm CST. This is in preparation for future funding rounds for 2018. Please see this link for more information and updates: (link)

Erm... I "donated" several BTC IIRC, but I don't have any SOLCERT tokens in my wallet. How do I claim them?

If you have the transaction ID we can easily confirm this on the Bitshares blockchain. You should have received your SoLCerts last year. Please PM me the transaction ID and I will get Ronny involved to figure this out for you. Thanks.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: emc on January 31, 2018, 09:24:39 am
...
SOLCERT TRADING (Ending)
SoLCert holder have until the end of Saturday December 30th 2017 at 12pm CST to sell and or buy the token. After this date and time the markets will be locked and trading will no longer be permitted. At this date whoever contains the supply in their hands will be the ones to receive the exchange rate when the blockchain launches. This is a fair warning. The following message will go out to all SoLCert holders during the next week:

Attention All SoLCert Holders. All SoLcert trading and markets will be frozen December 30th 2017 at 12pm CST. This is in preparation for future funding rounds for 2018. Please see this link for more information and updates: (link)
...

Hello! I don't see the link. Please duplicate it again.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: Thom on January 31, 2018, 05:04:36 pm
I was an early investor in your project Solomon, and I am holding tokens I received from that investment. Perhaps I missed an announcement or something (you should ALSO publish it on Telegram, at least a link to forum info), but I never received any advanced notice about those tokens as it relates to your recent announcement. I presume the tokens I hold are SOLCERT tokens. Are there others?

Perhaps I'm good and no need for me to take any action right now, and those tokens will be redeemed or have a use in your plan in the future. I'm not a trader, but if the trading cutoff has made my SOLCERTS now worthless, that's a big deal.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on February 01, 2018, 02:44:14 pm
I was an early investor in your project Solomon, and I am holding tokens I received from that investment. Perhaps I missed an announcement or something (you should ALSO publish it on Telegram, at least a link to forum info), but I never received any advanced notice about those tokens as it relates to your recent announcement. I presume the tokens I hold are SOLCERT tokens. Are there others?

Perhaps I'm good and no need for me to take any action right now, and those tokens will be redeemed or have a use in your plan in the future. I'm not a trader, but if the trading cutoff has made my SOLCERTS now worthless, that's a big deal.

Hey Thom,

Hope all is well. Nice to hear from you. Yes the SoLCert token is the one to hold. I just got back from Switzerland and caught a nasty bug so I've been out for a day or two. I discussed SoLCert with MME and we will have a compensation package for the token as told originally in 2016. Nothing has changed. Currently networking with individuals who can help in various executive level positions with the project.

The trading was not cut off yet due to those very concerns but it will be. When it is as stated we will send a personal message out to all SoLCert holders through the dividend function on Bitshares. Please allow me a day or two for full recovery. Hope this info helps.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: pc on March 06, 2018, 04:31:34 pm
Erm... I "donated" several BTC IIRC, but I don't have any SOLCERT tokens in my wallet. How do I claim them?

FTR - the issue was resolved. All is well.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: ferter on May 16, 2018, 07:41:04 am
Hello,
Is this project alive?
Any news in the near future?
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: konelectric on May 16, 2018, 12:13:22 pm
Hello,
Is this project alive?
Any news in the near future?

Inquiring minds want to know.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on May 16, 2018, 11:44:22 pm
Hello,
Is this project alive?
Any news in the near future?

Yes it is. MME is on hold as we try and build a team that can helm the protocol level direction we are going now. No use in holding an ICO with no development of the protocol and just Sollywood TV. I can’t lie it’s been difficult finding qualified people in this space who are not mercenaries or just want to take money.

So I am now revising a content first strategy where we will make high quality content to attract the right individuals and millennial audience. We will  use that as a way to cipher high quality people for the project. This has worked well for upstarts and YouTube channels in this space. And we are actual professionals with content.

Please feel free to email me at [email protected] if you would like to see the working drafts of the White Papers and or discuss some of the strategies we will be using with content. As I’ve stated already I’ve been outside of the Bitshares community since the new direction. Apologies for the delay in response.

Circle just announced USDcoin and Basis Protocol just raised $130 Million. As a protocol project we have the perfect contrasting philosophy and message to these government driven projects with the same kind of folks who caused much of our financial meltdowns. I look forward to it and mobilizing my generation. Thanks.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: ferter on May 17, 2018, 07:15:34 am
I agree.
Thanks for the information SolomonSollarsNSense.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on May 26, 2018, 01:35:41 pm
I agree.
Thanks for the information SolomonSollarsNSense.

We've been researching and identified a project's technology that will fit our long term goals the best. So there is no need to start from scratch which is the good news. But its a full fledge Ethereum style project which means we will still need high quality tech contributors to decipher the code and taylor it to our long term goals.

Since it wont be open sourced until later this year we are choosing to focus on content creation and distribution as a way to build a community that will be primed to take on the tech side of what we need to do. Going to hold off on making any official announcements as there are more than one project we will look to partner with for tech design purposes.

When it comes to the Smart Money Protocol there are some novel components we want to build which no tech has but with Scalability and consensus chosen pretty much anything can be built on top of it as long as it is logically consistent (ie not trying to build a protocol for married bachelors or squaredcircles). Again I think the tech we have chosen as a starting point will suit the long term goals of this project the best. And it has been in research and development for 5-7 years now.

So in the meantime we are choosing to us content to build the publication/content wing of the project as a catalyst. Its the proper way to go and we have the resources to do it correctly. Hope this info helps.
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: Felix on June 26, 2018, 06:43:48 am
Hi Solomon,
  As other projects did, could you create a slack channel for us so that we could learn the progress better?
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: lil_jay890 on February 03, 2019, 01:40:22 pm
How dead is this project? Was 2017 the last time investors received an official update? 
Title: Re: [ANN] THE SMART MONEY PROJECT: Mainstream Adoption Starts Here(FULL UPDATE Pg.9)
Post by: SolomonSollarsNSense on February 05, 2019, 07:38:27 pm
How dead is this project? Was 2017 the last time investors received an official update? 

Hello Lil Jay, a newer update on the direction of the project was given last year a little before the summer. None of what was said then has changed. At this point, I am simply refining the concepts in the White Papers where it comes to the Smart Money Protocol. I'm in no rush. The market is in no rush either as you can see. The Smart Money Protocol was not even conceptualized as a paper at the time, just scattered notes drawing all the way back to 2014. It has taken time.

The fuller update from 2017 still stands. Anyone who holds SoLCerts can email me for access to the Smart Money Protocol White Paper. It will be the basis of establishing this project when the timing in the market is right. We will technically be in the stable coin realm, with some unique twists. Being from the States that will take some navigation legally. Regardless I am more focused on making sure other aspects of the Protocol's components are at least conceptualized rhetorically. The technology will follow.

We will take the skateboard-method approach to building. Look it up. As I said last year we wont be looking to build the protocol from scratch. All necessary component to have a first iteration are already being built by excellent open sourced projects we can simply partner with, or use the tech as a foundation to make our own unique play on it. All of those protocols are still being built as i type this. No one is finished. No one project has everything we would need, but that's where gathering the right team will come into play.

I'll say it one more time, anyone who holds SoLCerts can feel free to email me at [email protected] or [email protected] for access to the White Paper and a conversation about moving forward. I stopped with the time tables. What I've learned over the years of being in this space, its about getting it right not getting it first. Hope this info helps.