DAC Bitshares Video!!!
Sneak announcement!
Why the name? - I would have preferred Bitshares XXX but it will shed a negative light on BTS X, so ...
Other than that here are the basics: 'Bitshares Video does for video what Bitshares Music is doing for music!'
This includes:
-Any artist can include his (preferably her) product on the blockchain and everybody can see the video - for free!
-Artists' shares will be offered - Actual sharing will not be available in v.1.0, but the buyers will be given the tools to incentivize the artist to produce more videos.
-Own in-house exchange? - Definitely! With bitXXX_USD being the flagship asset. Everything will be priced in it.
-Bare minimum distribution (10% each) for PTS/AGS holders - reason: This way I can keep more shares for myself, of course.
-IPO? - working on it! We (read me) are trying to combine the 'non-calculable' % of the shares each investor gets (Ether style) -very good thing in my view - with the clique like distribution NuShares came up today. In other words we want to grab as much money as we can while, at the same time keeping the max amount of shares for ourselves. Hard dilemma, but we are working on it!
The only significant way we tend to differ from Bitshares Music, is that we do not have enough connection with big labels in the business. That’s why, we will target our platform at the ‘home made videos’ segment... initially. We believe that there is enough unexplored ‘talent’ there, just waiting for the right platform to be unleashed…
Those are the basic ideas. Community input (but only improving the stated goals) will be appreciated.
:)