A lot of discussion on airdrops has been going on recently and I would like to add a new twist.
1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap. This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...
If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.
I need to find the thread and reread the claiming process works. Do you get to claim an amount proportional to your balance ?
10 altcoins sounds quite ambitious. I suppose if you remove premines then we avoid non-bitcoin forks. I would suggest that if I3 (?) is willing to pay for this work, then you even out the amounts given to each coin a bit. btc just dwarfs the other communities.
One thing I can say about a lot of the altcoin holders is that they're loyal true believers. Those coins have been on a steady downward trend. If people have held on to them, then that is the type of loyalty you want. :)
A lot of discussion on airdrops has been going on recently and I would like to add a new twist.
1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap. This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...
If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.
First where will the resources for the airdrop come from? If there must be a dilution of our shares then of course I don't support it. I'm not against the idea of an air drop and I actually wanted something like this to happen all along, but I think perhaps do it more strategically.
I suggest you pick the coins which benefit charitable causes as the top choice. These might not have a lot of volume but it's still got a lot of passionate people.
Also coins like Blackcoin, which might not be important coins but which have active communities who you know will be all over Bitshares and who have the talent for pumping coins up. Also if possible try to give to the more decentralized networks, so I agree with avoiding premined coins unless it's the case that it's for a charitable cause or it's an airdrop coin and there is where exceptions can be made.
The charities would include computing for good (BOINC). This is not typically a Bitcoin thing and that is good because it's important to reach communities outside of Bitcoin and try to get people who are trying to solve real world problems instead of just day traders.
Please be strategic about it. Maybe give some to holders of Ether, Mastercoin, Counterparty as well and give preferential treatment to them and perhaps in exchange for future cooperation.
https://www.computingforgood.org/
I need to find the thread and reread the claiming process works. Do you get to claim an amount proportional to your balance ?
10 altcoins sounds quite ambitious. I suppose if you remove premines then we avoid non-bitcoin forks. I would suggest that if I3 (?) is willing to pay for this work, then you even out the amounts given to each coin a bit. btc just dwarfs the other communities.
One thing I can say about a lot of the altcoin holders is that they're loyal true believers. Those coins have been on a steady downward trend. If people have held on to them, then that is the type of loyalty you want. :)
Choose the altcoins carefully. If any of us actually are from different altcoin communities for example then we could create threads announcing the airdrop.
I still think in addition to this, someone should set up a mining pool so altcoin miners can get payout in Bitshares when the time comes. That alone along with the airdrop will be excellent marketing because you'll get the miners and long term holders attention.
A lot of discussion on airdrops has been going on recently and I would like to add a new twist.
1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap. This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...
If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.
First where will the resources for the airdrop come from? If there must be a dilution of our shares then of course I don't support it. I'm not against the idea of an air drop and I actually wanted something like this to happen all along, but I think perhaps do it more strategically.
I suggest you pick the coins which benefit charitable causes as the top choice. These might not have a lot of volume but it's still got a lot of passionate people.
Also coins like Blackcoin, which might not be important coins but which have active communities who you know will be all over Bitshares and who have the talent for pumping coins up.
The charities would include computing for good (BOINC). This is not typically a Bitcoin thing and that is good because it's important to reach communities outside of Bitcoin and try to get people who are trying to solve real world problems instead of just day traders.
Please be strategic about it. Maybe give some to holders of Ether, Mastercoin, Counterparty as well and give preferential treatment to them and perhaps in exchange for future cooperation.
https://www.computingforgood.org/
So let it be done.
So let it be done.
As one of bitshare stockholder I hold my rights to reject this idea. A BIG no for me.
Just to add a little conceptual DNA, stir the pot and stand back 50 kilometers...
Why not simply give each leading mined coin developer a matching DPOS coin that pays interest and honors them one for one? (PTS and AGS holders get their 10% out of the as-yet-unmined-and-never-to-be-mined-since-mining-is-dead reserve in each coin for providing the free upgrade.)
Now every coin owner has a copy that shares profits and a copy that doesn't. Upgrade the whole alt-coin community in one swell foop. Then let market forces handle the inevitable switchover to the upgrade at whatever pace individual investors choose.
BitShares gift to crypto-owners everywhere. (As long as we're doing promotional stunts.)(http://teresainfortworth.files.wordpress.com/2012/06/calvins-head-explodes.jpg)
Marketing is about bridging the disconnect. Bill Gates and Steve Jobs sent computers to schools and libraries allowing people to access the Internet and learn about the personal computer.
There is a large disconnect between bitshares and churches etc. For the most part, it would be in their interest to find a member and sell the shares back on the market. Where the shares are scooped up by the same group of guys who'd buy them from miners. It would make news, but thats about the only upside. Well, and charities realize the donation.
Strategic means bringing on valued partners. People who are already in the ecosystem and are past the initial cryptocurrency entry block. People who will USE the dacs. Share owners that become DAC users.I think that is exactly the problem. Always bringing in the same people from the same network is exactly why the network has plateaued. You have to invite new people in who don't know much about Bitcoin or Bitshares but who would be able to benefit greatly from it. The Internet used to be mostly university students until an effort was made to spread it. Microsoft packed a copy of Windows on every personal computer.
Originally I said go with a large portion to BTC and I am still not all that against the idea. The reason in this. Out of all the people I led into cryptocurrencies, they all have a BTC wallet and only a BTC wallet. So I could naturally show them their interest in the world's first DAC.People who have BTC will just buy it with their BTC like they do any other altcoin.
I can't do this with other cryptocurrencies. You're going to get people who have just dipped their toes in the water. Don't think that everyone with a btc wallet has any opinion on altcoins.Bitshares is bigger than cryptocurrency. That is why I said approach churches and charity. It's not enough to just think it's about Bitcointalk. Bitcointalk knows about it already.
One option instead of the claiming system, might be normalizing account amounts and make the shares untradeable. If they aren't readily tradeable then no market will develop. THen everyone is locked in. At some point in the future perhaps make them tradeable, but for now force everyone to hold.I like the idea of just giving out some AGS. Do it in a smart way though, give it to the right charities, some churches, some unique altcoins, but not Bitcoin. I don't think Bitcoin needs to take value from Bitshares. It should give value to Bitshares.
Actually I would support something like the claim system but without the shares being trade-able. Claimers are then locked in as share holders. They can't just claim and dump. Nothing can go wrong with the market price making I3/Bitshares look bad. People will still be able to buy and sell Bitshares.I agree with this. Angelshares aren't tradeable and these shares shouldn't be. This way you can give it to charities, churches, anybody who will accept it and they can't trade it until you make it liquid over the years. It gives them a stake in the idea itself just like we have.
Please do not give people the amount proportional to their accounts. You will end up centralizing ownership, because those with the higher account balances will have far more incentive to redeem their shares than those with lower balances.
I need to find the thread and reread the claiming process works. Do you get to claim an amount proportional to your balance ?
10 altcoins sounds quite ambitious. I suppose if you remove premines then we avoid non-bitcoin forks. I would suggest that if I3 (?) is willing to pay for this work, then you even out the amounts given to each coin a bit. btc just dwarfs the other communities.
One thing I can say about a lot of the altcoin holders is that they're loyal true believers. Those coins have been on a steady downward trend. If people have held on to them, then that is the type of loyalty you want. :)
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
This is an interesting list of altcoins by developer activity, community, and liquidity. It might provide an argument for looking beyond pure market cap when deciding who to include. Vertcoin and Auroracoin, for example, are higher than their pure market cap would indicate. Some of these have unique communities with probably less overlap than others.
http://www.coingecko.com/ (http://www.coingecko.com/)
A lot of discussion on airdrops has been going on recently and I would like to add a new twist.
1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap. This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...
If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.
Just to add a little conceptual DNA, stir the pot and stand back 50 kilometers...I like that idea! So that at the end a holder of 10BTC also has 10bitBTC .. and so on!
Why not simply give each leading mined coin developer a matching DPOS coin that pays interest and honors them one for one? (PTS and AGS holders get their 10% out of the as-yet-unmined-and-never-to-be-mined-since-mining-is-dead reserve in each coin for providing the free upgrade.)
Now every coin owner has a copy that shares profits and a copy that doesn't. Upgrade the whole alt-coin community in one swell foop. Then let market forces handle the inevitable switchover to the upgrade at whatever pace individual investors choose.
BitShares gift to crypto-owners everywhere. (As long as we're doing promotional stunts.)(http://teresainfortworth.files.wordpress.com/2012/06/calvins-head-explodes.jpg)
Just to add a little conceptual DNA, stir the pot and stand back 50 kilometers...I like that idea! So that at the end a holder of 10BTC also has 10bitBTC .. and so on!
Why not simply give each leading mined coin developer a matching DPOS coin that pays interest and honors them one for one? (PTS and AGS holders get their 10% out of the as-yet-unmined-and-never-to-be-mined-since-mining-is-dead reserve in each coin for providing the free upgrade.)
Now every coin owner has a copy that shares profits and a copy that doesn't. Upgrade the whole alt-coin community in one swell foop. Then let market forces handle the inevitable switchover to the upgrade at whatever pace individual investors choose.
BitShares gift to crypto-owners everywhere. (As long as we're doing promotional stunts.)(http://teresainfortworth.files.wordpress.com/2012/06/calvins-head-explodes.jpg)
I suggest requiring a minimal action for holders in other chains to be eligible for the airdrop - maybe sending 1 satoshi to a registration address.
This would give you an audience of interested, capable and engaged users, rather than passive holders, or exchanges, or lost coins.
Simply distributing to all holders will create large downward price pressure . . . most won't bother to look into it at the outset, but every time the price goes up, it becomes worthwhile to sell, creating a new wave of sellers.
Also I suggest skipping BTC and LTC too - you'll find the more adventurous and open investors with larger positions in other coins.
Another suggestion is to cut off the top and bottom of the distribution, so not distributing for very small holdings, and maybe putting a cap on for very large holdings.
Also distributing to specific active individuals - coin devs, marketing, service owners etc could be a good idea - but with a long vesting period . . maybe two years . . . sure they could sell their private keys, but that's a risky purchase.
A lot of discussion on airdrops has been going on recently and I would like to add a new twist.
1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap. This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...
If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.
Good point!A lot of discussion on airdrops has been going on recently and I would like to add a new twist.
1) I like the half life concept... 50% drop every month until balance is below 1 BIP.
2) Unclaimed air-drop funds should be sent to developers.
3) Altcoin owners are likely more valuable than BTC owners because BTC-only owners are usually altcoin snobs.
4) I recommend honoring all of the top 10 bitcoin-based alt-coins proportional to market cap. This will get the widest possible airdrop.
5) Don't honor coins with large pre-mines...
If you set this up right, the developers can avoid any accusations of 'pre-mine' because everyone had an opportunity to claim it, unclaimed funds go to devs... this also solves the problem of dead coins being honored.
I like half-life & especially like the idea of marketing it to the top 10 alt-coins (excl. large pre-mine.) For me it's not just because many Bitcoin owners are alt-coin snobs but mathematically our airdrop will at best give the avg. Bitcoin owner a couple of cents but could give the average alt-coiner a $1+
I dislike the idea of unclaimed funds going to developers. This incentivises developers to promote large airdrops where there will be few claimants.
- I think you had it right in another post that market is coming round to developers getting a fairer share for their work. A developer who got 5% pre-mine would be seen much better in the eyes of the community than developers who organised a big airdrop in such a way that it left them with a 5% stake because of unclaimed shares.
- If the unclaimed shares are destroyed, then the community can risk quite big attractive headline grabbing airdrops knowing that given only X% will claim, the actual airdrop will be much smaller.
- I think you had it right in another post that market is coming round to developers getting a fairer share for their work. A developer who got 5% pre-mine would be seen much better in the eyes of the community than developers who organised a big airdrop in such a way that it left them with a 5% stake because of unclaimed shares.
I like half-life & especially like the idea of marketing it to the top 10 alt-coins (excl. large pre-mine.) For me it's not just because many Bitcoin owners are alt-coin snobs but mathematically our airdrop will at best give the avg. Bitcoin owner a couple of cents but could give the average alt-coiner a $1+
我觉得直接将10%赠送给其它dac，不如把这部分资金留下来，由3i管理操作，用作具体的宣传推广费用。
I think the 10% gifts to the other DAC, as this part of the funds to stay, management by the 3I operation, as a specific promotional costs.
这样更有针对性，根据实际情况来灵活操作。实际效果应该会更好。
So more specific, according to the actual situation of flexible operation. Actual results should be better.
赠送给其它dac的效果还不得而知，风险是有的。
Gifts to the other DAC effect also can make nothing of it, some risk.
10%是个大数目，请慎重考虑。
10% is a large number, please consider carefully.
第三方开发的dac赠送来募资有道理。
Third party development from DAC to raise.
但是3i自己的dac对社区影响很大，要更谨慎点。
But 3I's own DAC has a great impact on the community, to be more discreet.
看好dns的自会在快照前购入pts或是竞投ags，通过和我们一样的方式支持3i来获得股权。
Since the snapshot before buying PTS or AGS value is for DNS, the same way we support 3I to obtain equity.
而不是免费得，免费得的不一定会珍惜和使用，不见得对dac的成长起到多少作用。甚至可能是起反作用。
Not free, free is not necessarily will cherish and use, not necessarily how much effect on DAC growth. May even be counterproductive.
如果出现抛售换披萨的现象，对先前投资pts和ags获取快照的人是不公平的。
If the sell-off in pizza phenomenon, is unfair to the previous investment in PTS and AGS get snapshot.
我对负面影响考虑得多点，请各位理解
More I consider the negative effects, please understand
Now is Decentralized Application BM?
I am a simple guy...
Now is Decentralized Application BM?
I am a simple guy...
Stan perhaps?
Here are even more ideas people have not listed about snapshot airdrops.
You could make the airdrop expire in some manner. Say 365 days worth of blocks later, the network churns through addresses and finds all wallets with no transfer. Although that becomes hard to work in with the "can not transfer until X time" feature to prevent dumping. This however removes all the dead/inefficient shares. Which is the same thing the "claim" procedure does.
Airdrop/snapshot wallets can have random amounts. The downside here is that you miss out on some customers who might have ended up being quality contributors to the market. The upside is that the random amounts put in wallets add as an incentive for people to go look. Maybe you had .0001 BTC but you might have $50 in USD equity after snapshot/airdrop. I think it would add to the tweets, although a lot of people will be let down. It does let you get substantial amounts to some % of people. What it does do is add a sense of fun. Instead of claiming your $.50, you look in your wallet to see if you have more. It is something akin to airdropping scratch off tickets.
You could put up a few rather substantial winners so that the odds are it would take time for all grand winners to be claimed. In that way you may possibly start a vibe going about trying to find who hasn't redeemed their shares. It would be like a lotto, where it is known someone has won a fortune but no one yet knows who has won.
If you have a gaming DAC, perhaps you could write it so that the shares can only be transacted with the game server itself. In effect, a freeplay type coupon like you might see at a casino. This might work with other DACs too.
THis is why seeding btc owners etc useful for certain types of markets. You're going to have a hard sell getting people who aren't already in the cryptoworld to buy in. When a person has any existing crypto wallet, they're already customers of the greater crypto-system. The fit is natural.
If you are going to have it play out over 52 weeks you might as well get a new scratch-off ticket every week, so you get to think about it 52 times...+5% "air drip"
I guess this would be called an "air drip". :)