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
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?
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?
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.
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?
yes amounts of 1000 bts i made slight mistake first time around.
Get listed here: https://cyber.fund/radarDoing it now CLains. Thanks!
Hey, im totally confused now, thanks for that.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.
at least i think i am in, that is what really counts.Hey, im totally confused now, thanks for that.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.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.
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!
@SolomonSollarsNSense
http://www.icocountdown.com/
@SolomonSollarsNSense
http://www.icocountdown.com/
THE OFFICIAL SOLCERT ICO HAS BEGUN! Day 1 30% BONUS BEGINSBefore 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)?
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
THE OFFICIAL SOLCERT ICO HAS BEGUN! Day 1 30% BONUS BEGINSBefore 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?
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
Hey, im totally confused now, thanks for that.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.
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.
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
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!
Beyond Bitcoin Community
https://www.youtube.com/channel/UCE2O3_7rd9a8iViqYkgesAA
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 ronny@ccdek.com
Unfortunately, when I send an email to ronny@ccdek.com it is being rejected with the following message:
Delivery to the following recipient failed permanently:
ronny@ccdek.com
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 Ronny,
My email made it this time using your correct email address, ronny@ccedk.com.
The incorrect email address, ronny@ccdek.com 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
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
I don't think I have a BitcoinTalk account. So I'm behind already.
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.
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.
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.
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.
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
I seed 0.11847754 BTC to u please back it to me
Hi Solomon,
How goes the ICO? I haven't been able to find a recent update on bitcointalk or bitsharestalk.
Cheers,
Ben.
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.
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.
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 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.
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. :)
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. :)
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.
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.
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.
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.
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...
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.
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.
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'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.
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.
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.
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 @Vizzini. 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'tmisquotemisunderstand me.
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 @Vizzini. 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'tmisquotemisunderstand me.
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?
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 @Vizzini. 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'tmisquotemisunderstand me.
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.
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.
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!
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 @Vizzini. 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'tmisquotemisunderstand 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.
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 @Vizzini. 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'tmisquotemisunderstand 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.
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.
Don't forget to post it on Steem too.
I think this Solcert investment was a bad idea.. >:(. Lesson learnedInvestments only rarely produce quick money. That's what makes it different from speculation.
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.They should directly fork Graphene and not Bitshares. https://github.com/cryptonomex/graphene
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.
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.They should directly fork Graphene and not Bitshares. https://github.com/cryptonomex/graphene
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.
@SolomonSollarsNSense
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..
@SolomonSollarsNSenseAlso equally its important to 'like', 'share' and 'comment' on the updates. This is also rare around here. It's a two sided Bitcoin.
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
:)
COOL! Thanks, good luck!
.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
.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.
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
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
Thanks Solomon. Looking forward to hear the news.
Update? Can I write off my investment or is this still alive?
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)
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?
...
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)
...
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.
Erm... I "donated" several BTC IIRC, but I don't have any SOLCERT tokens in my wallet. How do I claim them?
Hello,
Is this project alive?
Any news in the near future?
I agree.
Thanks for the information SolomonSollarsNSense.
How dead is this project? Was 2017 the last time investors received an official update?