BitShares Forum
Main => Stakeholder Proposals => Topic started by: @healingvibes on May 23, 2019, 06:45:08 pm
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PASSED and now live!
8) NEWLY UPDATED 7/10/19 Thanks for voting in this Worker Proposal! (https://docs.google.com/document/d/1fQWuIZY_odslF40IhD8Hybf_-0KuFWaZcA6355_tREI/edit)
Please share your feedback on speakers and general conference ideas:
Speaker Nomination: https://forms.gle/tjEMYwJ66eqrbxG59
General Conference Survey: https://forms.gle/HxwgJzjYBiUxocET7
This is a proposal author by Aaron Mangal (@healingvibes) along with John Conlin (Committee), Jonathon Bahai, Michael Taggart, and Dan Notestien.
Since I haven't posted here before it might help for folks to look at my background on LinkedIn https://www.linkedin.com/in/aaronmangal/ (http://LinkedIn https://www.linkedin.com/in/aaronmangal/) and also content I have written about BitShares https://coincentral.com/what-is-bitshares/ (https://coincentral.com/what-is-bitshares/)
This is meant to be a proposal combining the North American BitShares conference and WCC DEV CON.
Thanks!
~Aaron
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Here are some questions we've received thus far and their answers:
Who will handle escrow? The Move Institute will supervise the funding escrow for the worker
Who is @healingvibes and the other organizers of this worker? Aaron Mangal is @healingvibes, B2B Marketer, Copywriter and of course long time BitSharian (circa 2015ish). Other leaders and authors of this are John Conlin (Committee), Jonathon Bahai, Michael Taggart, and Dan Notestien.
Will BitShares be allowed a keynote speech and what other deliverables will we get? Yes, we are still defining and designing the tracks for NA BTS but we will also get a spot in WCC's lineup (likely with Stan). There is a bit of malleability for us all to consider to make this an amazing and valuable conference for all.
---Here in the final draft of the Worker Proposal to be live soon
Name/bfid: NA BTS/WCC/DEVCON Worker Proposal
Category: Marketing/Conference
Team: Michael Taggart, Aaron Mangal, John (john_on_chain), EVOLV (WCC event organizers, Dominic Hrabe, Adam Williams, Eric Spire), BTS Developers, BTS Brand Ambassadors
Total: $119,050
Duration: 4 months
Worker ID: TBD
Discussions: https://bitsharestalk.org/index.php?topic=28450.msg330739#msg330739
Accounting & Reporting: TBD
Introduction
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This is a proposal to put together the North American BitShares Conference on October 27th - 28th in partnership with EVOLV, the event company behind World Crypto Con (WCC) happening October 29-31st (see details here: https://worldcryptocon.com/).
Also, BitShares (and our desired developer/community cohort) would participate in the DEV CON Hackathon happening in parallel with World Crypto Con on October 30th which would entail a full day dedicated to this (see details here: https://worldcryptocon.com/wcc-vegas/devcon/).
A poll conducted via Telegram and voted on for the last week in multiple channels has concluded that October 27th - 28th are the preferred dates for those that wanted to attend.
Executive Summary and Intent
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The BitShares North American Conference (in partnership with World Crypto Con and the event company behind it EVOLV) at the Cosmopolitan on October 27-28th
We have the opportunity for us, the BitShares community, to co-create the first ever BitShares North American Conference for Las Vegas Blockchain week to precede World Crypto Con (WCC).
In addition, as a part of this package we would participate at World Crypto Con itself as an exhibitor and sponsor of DEVCON happening in parallel with WCC.
What is the North American BitShares conference?
Whatever we want it to be! Seriously though, we get full reign to build this conference how we’d like. EVOLV (who are hosting World Crypto Con, WCC) are providing their event services and slot they have preceding WCC at the Cosmopolitan.
What is World Crypto Con (WCC)?
World Crypto Con is a 3-day event put on by a group called EVOLV. WCC is a global stage for industry leaders to share their breaking news and technologies with thousands of investors, experts, developers, businesses and attendees who are using blockchain and cryptocurrency to redefine our everyday lives.
Who will attend World Crypto Con?
Executives, enthusiasts, and professionals from global enterprise companies, financial service providers, investment firms, traders, advisory & auditing institutions, blockchain focused startups, academic institutions, government policy advisors, and application developers. Estimates are close to 7,000 attendees during Las Vegas Blockchain Week.
What is WCC DEV CON?
WCC DEV CON will be on October 30th and run at the same time as WCC. As a part of this proposal we would be sponsoring the hackathon.
The Event Schedule
October 27th - 28th - The North American BitShares Conference
October 29th - 31st - World Crypto Con (WCC) Las Vegas
October 30th - WCC DEV CON
What will happen at World Crypto Con?
WCC 2019 will be 3 action packed days of discussions, product demos, expert keynote addresses, industry panel discussions and exclusive announcements from the best and brightest in the industry showcasing new products, ideas, and commercially viable applications of blockchain technology.
Over 7000 attendees are expected to be in town for Las Vegas Blockchain week
Budget Requirements
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Budget needs: $(119,050) / 1,915,404 BTS Total / 15,961 BTS daily
Duration: 4 months
There are two main cost centers for our event:
(1) EVOLV's Event Management Fee, Venue Costs for NA BTS and BitShares Sponsorship of DEV CON Hackathon - For the venue management and labor of the conference production itself $(63,400)
(2) BitShares Planning, Delivery and Marketing of Conference - Conference Creation, Planning and Delivery of the conference content and Marketing as well as support to the community and any others involved in the NA BTS Conference and WCC DEV CON as participants or attendees $(25,000)
What will we get from EVOLV (organizer of WCC)?
() Opportunity to collectively build the tracks for the NA BTS conference
() Stage time for keynotes at WCC
() Promotion to WCC list
() Exhibiting at WCC
() Participation of BTS Devs in WCC DEV CON
What tracks will the North American BitShares Conference have?
[TBD] - We can decide as a community through polls post funding.
Summary of EVOLVE Fees and Deliverables
EVOLV would handle the following deliverables:
() Space at the Cosmopolitan during VBW
() A/V (staging, lights, sound, tables, chairs, etc.)
() Event signage
() Exhibit booths (if needed)
() Registration (on-site)
() Security
Summary of BitShares Community Support budget
We the BitShares community would be responsible for:
() Staffing the event
() Coordinating internal resources, discussions and attendance of any BTS supporters
() Planning and running the production (beyond the EVOLV management duties)
Everything that budget is spent on will be substantiated through weekly reports including labor, expenses and any other outflows. All unused funds will be returned to the community.
In addition, since the community would be front-loading the expenses we would like to return any additional profits from tickets and sales of post-produced video sessions after the event.
For previous reference we are using the WP from Alex Megalokonomos for their conference in Greece: https://bitsharestalk.org/index.php?topic=27272.0
and this pre-proposal one for this year: https://bitsharestalk.org/index.php?topic=28494.0
Detailed Budget Breakdown
Here is the pro-forma from EVOLV and budget required (with both the DEV CON and NA BTS Conference quotes combined): https://drive.google.com/open?id=1WVeoKxL1jN4Lj1xJhSmaSVZOIgll0Q63
WCC DEV CON Hackathon Sponsorship Deck (page 23): https://worldcryptocon.com/wp-content/uploads/2019/03/WCC-Enterprise-Deck-2019.pdf
1. EVOLV Cost Breakdown (per the pro-forma)
Production costs (outflows) from EVOLV are as follows:
Registration: $(4,000)
Insurance: $(500)
Convention Services (Cleaning, Misc, Venue Fees): $(1,500)
Event Security: $(400)
Production (A/V, Staging, Tables, Chairs, Event Signage): $(21,250)
Freeman, Encore (Sponsor signage, Exhibitor Booths, Power)
Production Subtotal: $(27,650)
Fixed Expenses (outflows from hotel/venue fees):
Hotel/Venue (F&B): $(38,400)
WCC DEV CON*: $(25,000)
*(Sourced from page 23 of the Sponsorship Deck: https://worldcryptocon.com/wp-content/uploads/2019/03/WCC-Enterprise-Deck-2019.pdf)
Subtotal: $(63,400)
Since we are responsible for creating the conference tracks, implementation and management of our community participation, we are asking for some budget for those who will be in charge of this planning and implementation.
2. BitShares Cost Breakdown
Here is the budget and resources required by us internally to deliver on the planning and production side of the NA Bitshares Conference:
Event Staffing and Conference Track Planning and Logistics - Up to $(12,500)
Flight and Hotel $(6,500) - We are aiming a little high as we will have 5 days of activity including the NA BTS Conference (2 days), WCC (3 days), and WCC DEV CON (1 full day for developers) as well as our normal booth brand presence for the 5 days. All expenses will need to be logged and submitted to the organizers through an online form we will provide.
Marketing Expenses $(9,500) - Paid advertising budget (e.g. Facebook) for generating ticket sales to NA BTS Conference (per the EVOLV marketing team's recommendation). We will create a separate marketing document with a plan to run small tests with small amounts before increasing our ad spend. We will share these results with the community at each step of the way and prior to any substantial ad spends.
Note: We will return all excess unused funds. This budget is meant for people directly participating in the NA BTS/WCC/DEVCON events however, we will also establish a separate Travel Reimbursement Fund for any BitShares community members/attendees that sign up at the event. We will have Witnesses and other companies in the BTS ecosystem donate to this fund.
Subtotal: $(25,000)
This is to ensure accountability on the creation and implementation of the NA BTS Conference itself. In addition, we would support developers, participants and any other partners before during and after the conference. This would include publishing and distribution of post produced content of the NA BTS and WCC DEV CON.
We sought some guidance from EVOLV and have taken their recommendations into account to manage our labor needs for the 5 days of activity we will have planned.
The Labor breakdown would be as follows:
-Leaders/Conference Builders 40/hr - The Leaders around Building Conference Tracks, Recruiting Speakers, and other strategy, planning and implementation prior, during and after to the NA BTS and WCC conference, Including mobilizing BTS Conference Team, Developer, Community, Attendees and Partners for any engagements, gatherings and other coordination required | Conference Leaders/Builders: Aaron Mangal and Michael Taggart (Additional Team TBD,) (Please reach out if you are interested in helping)
-Event Manager 30/hr - Will be on-site at the conference and liaise with the A/V team and ensure speakers are queued up and ready to go before speaking for NA BTS and help with DEV CON liaising | Event Manager Team: John <johnr> (Additional Team TBD) (Please reach out if you are interested in helping)
-Brand Ambassador 20/hr - This will be people assisting Event Manager if needed but mainly at the Exhibit hall booths and helping promote BitShares brands at NA BTS, WCC and DEV CON. Also, help spread the word to attendees through our Telegram group and in person the day of the event. | Brand Ambassador Team: TBD (Please reach out if you are interested in helping)
Additional duties will be added as we plan this out. All team members will be required to keep daily time sheets submitted weekly to the Team Leader and then to the BTS Community.
Total outflow costs: $(27,650) + $(63,400) + $(25,000) = $(116,050)
Potential inflows (revenue)
Attendee Tickets Inventory Ticket Cost Sold Actual Gross
Attendee GA Ticket 400 $197 400 $78,800
Tickets Subtotal: 400 x $197 = $78,800
Exhibit Booth Revenue: $6,500.00 x 10 = $65,000
Sponsorship inflow (revenue) subtotal: $65,000
Total sponsorship and event revenue (estimated): $143,800
So just to recap:
Total outflows (costs): $(104,950)
Total inflows (revenue, estimated): $143,800[/u]
Total Net Profit: $38,850 (Based on 400 ticket sales)
In an effort to give back to the community based on our collective success, we propose that all profits be given back to the community fund (if there are no outstanding expenses from unforeseen collateral or attendee expenses).
This would include ticket sales and the sale of the videos of sessions which will be released sometime after the event and post production and sold for a given $USD value. (No more than 30 days after)
Team
____________________________________________________________________________
EVOLV owners and World Crypto Con (WCC) Organizers
- Adam Williams
Dominic Hrabe
Eric Spire
These are the creators and hosts of the second annual World Crypto Con who are also long time BitShares fans. We are partnering with them to leverage their turn-key conference management services and venue in Las Vegas.
BitShares Community
- Michael Taggart - Conference builder, leader and organizer, point of contact for day of the NABTS, WCC and WCC DEVCON event
Aaron Mangal - Content Developer/Marketer, BitShares Community Liaison, Conference builder, leader and organizer, point of contact for the day of the event
John, @john_on_chain (BitShares Committee Signature; New York) - Community member that will help be the point of contact for BTS Core Developers attendance and content around them such as panels or otherwise
Other BitShares Community Members to be determined (TBD) - We still need to complete a roll call for BitShares Developers and any other members that would like to be in the WCC DEVCON Hackathon or help as Leaders, Managers or Brand Ambassadors (We would like to recruit from within ideally)
Current Deliverables:
- Get Worker Proposal Passed
Pay first payment to EVOLV by early July
Weekly calls around conference planning, to-dos and logistics (all hands on meeting with Builders, Leaders and Brand Ambassadors)
Weekly Activity Logs of Conference Leaders/Builders, Team Leaders and Brand Ambassadors activity
Weekly Summary of Conference Planning Recap with accomplishments, struggles and needs from the community (to be posted in the forum on the worker proposal thread)
Join the discussion happening in our dedicated NA BTS Telegram channel (send me a DM on Telegram @itshealingvibes) or reply to this thread with your handle an I'll add you.
Let us know your thoughts on this updated soon to be live passed Worker Proposal.
~Aaron
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(https://i.imgur.com/tFK9Frw.png)
(https://i.imgur.com/hr2kLH4.png)
(https://i.imgur.com/smcM2oy.png)
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Ticket prices can be increased in my opinion to $197.00 - then only 200 tickets would need to be sold. WCC - EVOLV will also promote ticket sales to our event.
The event space can hold 500-600 people depending on setup, so if tickets do well they can be accommodated. The space is 5,000 sf, and can be doubled if needed.
Live stream tickets may also potentially be sold to the event, but only after attendee ticket sales reach a certain point to cover costs, unless we think livestream sales can get it there.
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More like The Long Con?
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Thanks for the iniative!
Here are my comments:
A) Who is the responsible and organizing party for this worker?
B) Will there be a supervising party?
C) What is the budget breakdown that this worker is seeking from the blockchain?
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Currently John Conlin (Committee), Jonathon Bahai, Aaron Mangal, Myself, and Dan Notestien.
Aaron is a long time BTS community member and has attended WCC in the past. He has also done content for BTS, including this: https://coincentral.com/what-is-bitshares/
Currently Aaron is managing the pre-WP. John was going to manage the other Devconn WP being posted that will be happening in conjunction with the WCC event.
Right now the budget required via the pro-forma is posted in the OP, showing a net profit from the event if those numbers are hit, even when adding in team expenses.
pro forma = https://drive.google.com/file/d/1kSRQ6GGvXfVoucdyWWRQMyNq-ulQDjwa/view?usp=sharing
Since ticket sales will be occurring at same time payout from worker is going on, I would propose we end worker once it breaks even (with a cushion for team expense) so worker funds for other projects are not affected, and any additional income being placed in holding for the next conference.
We are not guaranteed to hit those numbers, I think that the price should be around $197.00.
Timing is good since we have 5 full months to promote for it.
(https://i.imgur.com/rRnxuoV.png)
(https://i.imgur.com/8OiiPWu.png)
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+5% +5% +5%
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EVOLV staff just relayed to us:
We also have a global press release going out regarding the events participating in Vegas Blockchain Week and we would like to include the NA Bitshares event. It just may not give you enough time to get approval. We’re releasing on May 31st and need to have it in Monday so it can be translated in all languages.
They are also willing to work with us on a deposit amount versus the full balance in order for us to secure the venue and advertise.
They really like graphene and Bitshares and are willing to work with us.
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Thanks for the answers. I take it that the answer for B) then is that there is no escrow? I'm not asking this to be annoying, I'm asking this considering the background and what would benefit the worker the most imo.
Here are more comments :)
1. The pro forma mentions costs and possible incomes. Can you please state clearly what the maximum budget required from the blockchain?
2. You talk about Keynote, does that mean BitShares will be able to present a Keynote at WCC?
3. You mention DEVCON that is supposed to be happening at the same time. What is the difference, and are there any details known?
4. Will you be seeking sponsors, and if so would that reduce the amount that will be taken from the blockchain similar to DevCon?
EDIT: Because it just popped in my head in the other marketing worker: https://bitsharestalk.org/index.php?topic=28444.msg330767#msg330767
5. How will the invoicing happen? I would hate to see VAT appearing that is then being billed to the blockchain. Did you look into this by any chance already? If you are confident that will not be the case, disregard this last question please.
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Support. Filming?
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Thanks for the answers. I take it that the answer for B) then is that there is no escrow? I'm not asking this to be annoying, I'm asking this considering the background and what would benefit the worker the most imo.
Here are more comments :)
1. The pro forma mentions costs and possible incomes. Can you please state clearly what the maximum budget required from the blockchain?
2. You talk about Keynote, does that mean BitShares will be able to present a Keynote at WCC?
3. You mention DEVCON that is supposed to be happening at the same time. What is the difference, and are there any details known?
4. Will you be seeking sponsors, and if so would that reduce the amount that will be taken from the blockchain similar to DevCon?
EDIT: Because it just popped in my head in the other marketing worker: https://bitsharestalk.org/index.php?topic=28444.msg330767#msg330767
5. How will the invoicing happen? I would hate to see VAT appearing that is then being billed to the blockchain. Did you look into this by any chance already? If you are confident that will not be the case, disregard this last question please.
Answers posted in OP as an update.
Side note - Yes on sponsors as well, in which case those funds would offset any cost to the blockchain.
The entire conference is Bitshares based - so a lot of speakers and keynotes will take place. We aim for this to be a very well rounded event for the entire Bitshares community.
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Support. Filming?
Yes we will film for sure. Looking into livestream options as well for those that cannot make it in person.
Thanks for your support!
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+5% +5% +5%
Much appreciated. We want this event to be an awesome and enlightening experience.
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Thanks for the answers. I take it that the answer for B) then is that there is no escrow? I'm not asking this to be annoying, I'm asking this considering the background and what would benefit the worker the most imo.
Here are more comments :)
1. The pro forma mentions costs and possible incomes. Can you please state clearly what the maximum budget required from the blockchain?
2. You talk about Keynote, does that mean BitShares will be able to present a Keynote at WCC?
3. You mention DEVCON that is supposed to be happening at the same time. What is the difference, and are there any details known?
4. Will you be seeking sponsors, and if so would that reduce the amount that will be taken from the blockchain similar to DevCon?
EDIT: Because it just popped in my head in the other marketing worker: https://bitsharestalk.org/index.php?topic=28444.msg330767#msg330767
5. How will the invoicing happen? I would hate to see VAT appearing that is then being billed to the blockchain. Did you look into this by any chance already? If you are confident that will not be the case, disregard this last question please.
Answers posted in OP as an update.
Side note - Yes on sponsors as well, in which case those funds would offset any cost to the blockchain.
The entire conference is Bitshares based - so a lot of speakers and keynotes will take place. We aim for this to be a very well rounded event for the entire Bitshares community.
Will get back to you tomorrow
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Sounds amazing, would love to see this happen.
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Thanks for the answers. I take it that the answer for B) then is that there is no escrow? I'm not asking this to be annoying, I'm asking this considering the background and what would benefit the worker the most imo.
Here are more comments :)
1. The pro forma mentions costs and possible incomes. Can you please state clearly what the maximum budget required from the blockchain?
2. You talk about Keynote, does that mean BitShares will be able to present a Keynote at WCC?
3. You mention DEVCON that is supposed to be happening at the same time. What is the difference, and are there any details known?
4. Will you be seeking sponsors, and if so would that reduce the amount that will be taken from the blockchain similar to DevCon?
EDIT: Because it just popped in my head in the other marketing worker: https://bitsharestalk.org/index.php?topic=28444.msg330767#msg330767
5. How will the invoicing happen? I would hate to see VAT appearing that is then being billed to the blockchain. Did you look into this by any chance already? If you are confident that will not be the case, disregard this last question please.
Answers posted in OP as an update.
Side note - Yes on sponsors as well, in which case those funds would offset any cost to the blockchain.
The entire conference is Bitshares based - so a lot of speakers and keynotes will take place. We aim for this to be a very well rounded event for the entire Bitshares community.
Thanks for the answers, found them now. For 2 a follow up: Keynote I meant at the WCC main event, not at the BitShares pre-conference. Is that the keynote you were referencing?
How do you estimate the attendance for a Sunday and Monday considering that the main event is thereafter? I'm not familiar with american conference planning especially from employers side (people would miss the whole week).
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Great questions Stefan! I asked the organizers and the are open to us doing a Keynote, there are two rooms hosting keynotes at WCC so there are options. Also, Stan Larimer is already speaking so just need to discuss some logistics. I'll tag you in the telegram as we work out those details and post the outcome of that discussion here on the forum as well.
As for attendance, it's a bit hard to say, however, we can make an effort to poll the audience for interest and make some guesstimates. I will say that Bitcoin/Blockchain conferences are an ecosystem in and of themselves and it seems like people live for those things haha. So, usually people are able to take the time off due to working in the industry itself, however, I've met non-crypto industry people who will usually attend a day or two depending on their schedule. The fact that it's partially on a weekend might actually work in our favor from that standpoint.
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Oof, been so busy, I only got a chance to go through this thread now.
Overall, I support our presence in WCC as I believe this kind of exposure will be great for BitShares, especially if combined with a marketing push....which thankfully I see people slowly getting into, see Stefan's worker (https://bitsharestalk.org/index.php?topic=27747.0), thul3's proposal (https://bitsharestalk.org/index.php?topic=28444.0) and Bench's proposal (https://bitsharestalk.org/index.php?topic=28495.0).
We definately need more workers like this (or even a larger one if anyone's up for it).
As far as the NABC at the same time is concerned, the base costs are really good. I don't see a marketing/promotion budget for it however. If we want people to come/register/participate in the hackathon, a promotion budget will be needed.
Also, there is mention of a possible profit from this event. What will be done with it?
I'd like to see a "promoted" poll/questionnaire we can all share via steem/twitter/etc. to better judge interest and evaluate the potential of an NABC.
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Yay! Thanks for your vote of confidence and guidance. 8)
Completely agree on marketing budget, will think on that now.
As for profits, I think we should return this back to the community since we would be front-loading the expenses for ourselves internally as well as paying EVOLV for their services out of the BitShares coffers. Frankly the videos of sessions **could** be an ongoing possible income stream (for BitShares) that the general (non-BitShares public) might be interested in purchasing after the fact.
We did a poll in Telegram which indicated people seemed to like Vegas as a venue for it and the 27-28th timeslot:
https://drive.google.com/file/d/1ez-mK-oWSQ3WMb7xymatjL3zgH8LGYC6/view?usp=sharing (https://drive.google.com/file/d/1ez-mK-oWSQ3WMb7xymatjL3zgH8LGYC6/view?usp=sharing)
https://drive.google.com/file/d/1-VMYZ9N6Vl39X69T7w7Wswu8HEXuhLxE/view?usp=sharing (https://drive.google.com/file/d/1-VMYZ9N6Vl39X69T7w7Wswu8HEXuhLxE/view?usp=sharing)
https://drive.google.com/file/d/1-UrokeT_QS8Xve0Y9c8punu-Gjp8StLi/view?usp=sharing (https://drive.google.com/file/d/1-UrokeT_QS8Xve0Y9c8punu-Gjp8StLi/view?usp=sharing)
Happy to run some additional ones if you think that would help. Any questions in particular we should ask?
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Here is the doc that was linked in the on-chain worker proposal
https://docs.google.com/document/d/1fQWuIZY_odslF40IhD8Hybf_-0KuFWaZcA6355_tREI/edit
Please note that BTS is not an appropriate abbreviation for BitShares. BTS is the core token, and that usage causes confusion (and has caused a lot of confusion especially in the regulatory area). I would suggest to not use that abbreviation for any kind of marketing.
Furthermore it was mentioned there would be an escrow, but from the account that has created the worker it it seems that this idea was abandoned. Could you please comment on that?
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Any update?
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Yay! Thanks for your vote of confidence and guidance. 8)
Completely agree on marketing budget, will think on that now.
As for profits, I think we should return this back to the community since we would be front-loading the expenses for ourselves internally as well as paying EVOLV for their services out of the BitShares coffers. Frankly the videos of sessions **could** be an ongoing possible income stream (for BitShares) that the general (non-BitShares public) might be interested in purchasing after the fact.
We did a poll in Telegram which indicated people seemed to like Vegas as a venue for it and the 27-28th timeslot:
https://drive.google.com/file/d/1ez-mK-oWSQ3WMb7xymatjL3zgH8LGYC6/view?usp=sharing (https://drive.google.com/file/d/1ez-mK-oWSQ3WMb7xymatjL3zgH8LGYC6/view?usp=sharing)
https://drive.google.com/file/d/1-VMYZ9N6Vl39X69T7w7Wswu8HEXuhLxE/view?usp=sharing (https://drive.google.com/file/d/1-VMYZ9N6Vl39X69T7w7Wswu8HEXuhLxE/view?usp=sharing)
https://drive.google.com/file/d/1-UrokeT_QS8Xve0Y9c8punu-Gjp8StLi/view?usp=sharing (https://drive.google.com/file/d/1-UrokeT_QS8Xve0Y9c8punu-Gjp8StLi/view?usp=sharing)
Happy to run some additional ones if you think that would help. Any questions in particular we should ask?
Voted
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Thanks for voting in this Worker Proposal! (https://docs.google.com/document/d/1fQWuIZY_odslF40IhD8Hybf_-0KuFWaZcA6355_tREI/edit)
Please share your feedback on speakers and general conference ideas:
Speaker Nomination: https://forms.gle/tjEMYwJ66eqrbxG59
General Conference Survey: https://forms.gle/HxwgJzjYBiUxocET7
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In an effort to give back to the community based on our collective success, we propose that all profits be given back to the community fund (if there are no outstanding expenses from unforeseen collateral or attendee expenses).
This would include ticket sales and the sale of the videos of sessions which will be released sometime after the event and post production and sold for a given $USD value. (No more than 30 days after)
"all profits be given back to community fund"
How to calculate the "profits"? I think it should be "all revenue minus all expense" that to be given back.
If expenses are fully covered by the worker fund, all revenue should be given back.
If there are some worker funds not spent, they should be given back as well.
In short, to give back profits, worker funds should be counted as revenue.
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I tried to contact nearly all offical organizers to get an offical statement if the workers funds will be counted as revenue or anything else.
Since i still got no offical answer on that question i will revoke my vote till this is cleared.
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Thanks abit. Seems reasonable that worker funds considered income in the conference budget.
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Thanks for the thoughts and input on this important discussion.
As stated in the original worker, all excess funds (revenues) with be returned to the community (beyond expenses needed to put the conference on).
We are considering the worker funds provided to be revenue as well as as ticket sales and sponsorships. Expenses will be deducted from this #. If there are extra funds left over after this calculation, they will be returned to the community.
So Revenues - Expenses = Final Profit or Loss number (if positive we will return it to the community) There is also a chance that the conference could run at break-even or a loss which will be noted in the final accounting with the Move Institute.
Please confirm and let us know if this is in line with your expectations of the use of the funds.
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Thanks for the thoughts and input on this important discussion.
As stated in the original worker, all excess funds (revenues) with be returned to the community (beyond expenses needed to put the conference on).
We are considering the worker funds provided to be revenue as well as as ticket sales and sponsorships. Expenses will be deducted from this #. If there are extra funds left over after this calculation, they will be returned to the community.
So Revenues - Expenses = Final Profit or Loss number (if positive we will return it to the community) There is also a chance that the conference could run at break-even or a loss which will be noted in the final accounting with the Move Institute.
Please confirm and let us know if this is in line with your expectations of the use of the funds.
Thanks for the clarification.
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Thanks, sounds reasonable to me, and also aligns with how I understood it.
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On behalf of Move Institute (Escrow), following actions has been taken:
- 645,090.41020 BTS was withdrawn from Worker Vesting (- fee 50.52054 BTS).
- EVOLV agreed to be paid in LTC, and our choice was LTC due to partnership of LTC and EVOLV for WCC 2019.
- Institute is trading against open.LTC on the DEX for few days without having any ability to collect amount needed for deposit payment. Currently there is 21.15718996 LTC successfully traded at the price between 2050 BTS and 2010 BTS per 1 LTC.
- Institute will be moving equivalent of 8000 USD to Poloniex account registered and KYC'ed with Milos Preocanin (me) in order to acquire missing LTC for the first/deposit payment. Export of trading history will be provided and posted here. LTC and remaining BTS will be returned to the DEX by the end of the working week (current worker account @healingvibes420).
- Institute will trade CNY for the worker team hours with agreement of the worker team. BitUSD/BTS market don't have healthy price or volumes to be traded against.
- Institute was paid 3530 CNY for the services done until now.
- All the market sharing fees will be withdrawn and sent back to the blockchain.
As soon as the first round is done, more detailed information on the worker status will be published.
Move Institute is uploading new website that will have transparent accounting for BitShares holders similar to workers.bitshares.foundation. We expect website to reflect changes/updates by 15. August 2019.
Due to NDA and real-life laws/regulations - for the review of signed agreement, please send request to legal@move-institute.si
For more info on the activity of escrowed account please visit
https://wallet.bitshares.org/#/account/healingvibes420
Chee®s
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Thanks for the detailed report @DigitalLucifer.
I have reconsidered my decision and will vote or this worker.
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On behalf of Move Institute (Escrow), following actions has been taken:
- 645,090.41020 BTS was withdrawn from Worker Vesting (- fee 50.52054 BTS).
- EVOLV agreed to be paid in LTC, and our choice was LTC due to partnership of LTC and EVOLV for WCC 2019.
- Institute is trading against open.LTC on the DEX for few days without having any ability to collect amount needed for deposit payment. Currently there is 21.15718996 LTC successfully traded at the price between 2050 BTS and 2010 BTS per 1 LTC.
- Institute will be moving equivalent of 8000 USD to Poloniex account registered and KYC'ed with Milos Preocanin (me) in order to acquire missing LTC for the first/deposit payment. Export of trading history will be provided and posted here. LTC and remaining BTS will be returned to the DEX by the end of the working week (current worker account @healingvibes420).
- Institute will trade CNY for the worker team hours with agreement of the worker team. BitUSD/BTS market don't have healthy price or volumes to be traded against.
- Institute was paid 3530 CNY for the services done until now.
- All the market sharing fees will be withdrawn and sent back to the blockchain.
As soon as the first round is done, more detailed information on the worker status will be published.
Move Institute is uploading new website that will have transparent accounting for BitShares holders similar to workers.bitshares.foundation. We expect website to reflect changes/updates by 15. August 2019.
Due to NDA and real-life laws/regulations - for the review of signed agreement, please send request to legal@move-institute.si
For more info on the activity of escrowed account please visit
https://wallet.bitshares.org/#/account/healingvibes420
Chee®s
Many thanks @xeroc.
Additional update: BTS leftover is being repurchased on the Poloniex and few holders were reached out by PM with transparent accounting on delivery.
Apologies for delays (BTC decided to move the markets since 14.08 - day after deposit to Poloniex and we weren't into creating loses for the blockchain).
More detailed public report and update of move-institute.si website is coming later this week.
Chee®s
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Holders,
Please remove the vote from NABTS worker since the worker/event is being cancelled due to lack of funding (depreciation of $BTS and voting issues in the past few weeks).
Despite team best efforts to collect private funds through co-sponsorship for making it happen, even with additional funds its impossible to acquire needed funds.
Cancellation of the event is having following costs:
- 10,000.00 USD towards EVOLV for the 2 months efforts and cancellation + 13% depreciation in LTC on half of it due to bear markets (we picked nice moment for cancellation).
- around 3,000.00 USD (still waiting final hours) for the worker team efforts and time they spent on worker.
- Fee for sold tickets through EventBrite and cancellation of the event (minor cost 67.70 USD + eventbrite refund policy + credit card processing fee)
Payment receipts, trading history and remaining of the funds (will be withdrawn and moved to zavod.premik account) will be presented after the holiday/weekend so the owner of the account healingvibes420 can have back ownership.
On behalf of Move Institute,
Milos (DL) Preocanin.
Chee®s
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I'm sorry to see the conference being cancelled due to refund400k voters, this is quite unfortunate.
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Holders,
Please remove the vote from NABTS worker since the worker/event is being cancelled due to lack of funding (depreciation of $BTS and voting issues in the past few weeks).
Despite team best efforts to collect private funds through co-sponsorship for making it happen, even with additional funds its impossible to acquire needed funds.
Cancellation of the event is having following costs:
- 10,000.00 USD towards EVOLV for the 2 months efforts and cancellation + 13% depreciation in LTC on half of it due to bear markets (we picked nice moment for cancellation).
- around 3,000.00 USD (still waiting final hours) for the worker team efforts and time they spent on worker.
- Fee for sold tickets through EventBrite and cancellation of the event (minor cost 67.70 USD + eventbrite refund policy + credit card processing fee)
Payment receipts, trading history and remaining of the funds (will be withdrawn and moved to zavod.premik account) will be presented after the holiday/weekend so the owner of the account healingvibes420 can have back ownership.
On behalf of Move Institute,
Milos (DL) Preocanin.
Chee®s
Too bad.