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ARK - a Different DAO is coming!

English Version

Chinese: https://bitcointalk.org/index.php?topic=1580254.new#new
Greek: https://bitcointalk.org/index.php?topic=1580385.new#new
Portoguese: https://bitcointalk.org/index.php?topic=1580448.0
Indonesian: https://bitcointalk.org/index.php?topic=1580159
Dutch: https://bitcointalk.org/index.php?topic=1581453.0
Russian: https://bitcointalk.org/index.php?topic=1581246
Hebew: https://bitcointalk.org/index.php?topic=1581940
Slovenian https://bitcointalk.org/index.php?topic=1582577
Filipino https://bitcointalk.org/index.php?topic=1583068.0
Indi: https://bitcointalk.org/index.php?topic=1583241
Bulgarian: /forum/index.php?topic=9544.0]http://[Suspicious link removed]/forum/index.php?topic=9544.0

WHAT IS ARK?
ARK is an open database (DAPP) where people can list newly created cryptocoins, and where the community can easy find them in real time. (manually, or via smart contract)
A simple trustless list of new coins. ARK is an open database built on Ethereum.
If you are looking for newly created coins, ARK does the job!
ARK is also the first Collaborative Market.
The Proof Of Concept for any future Collaborative Market.

IS THIS LIKE A NAME-SYSTEM FOR COINS?
No. We wanted to apply the concept of collaborative markets to something simple. A name system was one of the ideas, but there are already too many coins around and trolls would buy pre-existing names and make a mess. It is an open database, more a list able to keep detailed informations you can refer to. Like how many coins, if you can mine them, where is the website etc. etc.

WHAT IS A COLLABORATIVE MARKET?
Whereas a large corporation may give power to a single entity, a collaborative market (or Plex Market) is a group of microeconomical actors joining together to offer a service to the public, all ruled by a trustless smart contract.

IS ARK A DAO?
ARK belongs to the family of DAO, but differs in that it is specific; it is built to fulfill your local law. We call it a Collaborative Market. It is an environment producing value (offering services) that is then shared by the owners of the service.

IS ARK A FINANCIAL PRODUCT?
No. If you buy shares from Apple or Microsoft you buy a percentage of income, a dividend, and you have no idea what they really do with your money. A collaborative market is a FINANCIAL PRODUCT EMULATOR. You are the main subject offering the service, and you offer it according to the smart contract ARK, keeping in balance the earnings of all owners.

HOW DOES IT WORK?
In order to list a new coin on ARK DB, you must pay an ANTISPAM fee. (1 fair ETH)

WHO GETS ALL THIS MONEY?
The community: ARK BOTs (shop) owners.

HOW DOES IT HAPPEN?
When you buy a BOT (shop) you enable it, and as soon as a customer comes, you serve him and you get the money.
Now it is NEXT BOT's turn, and when a new customer comes the NEXT BOT will serve the customer and get the money.
A TRUSTLESS MULTIPLEXER POINTER steps in, redirecting the customers to the CURRENT SELLER, BOT by BOT, so that at the end of the cycle, all existing BOTs served a customer, and the cycle restarts from BOT 1. Endlessly.
In the long term, all the BOT owners will earn the same amount of money, emulating a financial product.

WHY NOT DIRECTLY A FINANCIAL PRODUCT?
The strict rules and bureaucracy of directly creating (and buying) a financial product can hinder the process. COLLABORATIVE MARKETS ruled by a TRUSTLESS MULTIPLEXER are an ALTERNATIVE MODEL that can be applied to smaller projects, allowing the little developer to meet the power of the crowd with low commitment to bureaucratic processes. If you have the right to sell a product on eBay, so you have the right to operate ARK market, and offer the related services, according to your local law.

ARE THERE ANY OTHER WAYS TO MAKE MONEY WITH ARK?

ARK contains 6 different services:

LIST NEW COIN

EDIT COIN

EDIT BOT

RESELL BOT

ADD ADVERTISING

ADD HOME ADVERTISING

WHO DECIDES THE COSTS OF THE SERVICES?
The community members. Those who own the BOTs and share the income offering ARK services to the public. The prices can be adjusted to the market value via an experimental democratic voting interface.

HOW MANY BOTS ARE INSIDE ARK?
The total amount will be decided at the moment of launch. From the very first moment of the initial sale, the number of BOTS cannot be changed.

CAN I TRADE MY BOTS?
Technically, yes. But ARK starts with a very high fee (RESELL BOT). ARK is meant for long term investors. If in the future the community decides (via inner voting system) to lower the cost of RESELL-BOT service, they will be easily tradable.

IF THERE IS A CYCLE SO THE FIRST BOT HAVE AN ADVANTAGE?
If you are a short term investor, then you will be interested in buying some of the first BOTS of the cycle. If you are a medium/long term investor then you don't mind. In fact, a bot will cost around 1 ETH, and listing a coin will cost around 1 ETH, so if you buy the first BOT of the list and a first customer comes you already got back your money.

WHY ARK IS A SPECIAL EXPERIMENT?
Because it is a basic test on the capabilities of Ethereum, where we can really have an idea of the gas costs of a complete billing system.

OK BUT...WHY ARK?
The community needs a Coin DB. A clean list of coins, not some messy forums. The age of proprietary databases is over. We have now an open one, fully interconnectable. Managed by the community, forever. Any one can connect his own application. If you build an application with proprietary database, no one will use it. IF you connect to a central resources system so it is completely different. I pay you but those informations will be accessible forever, whatever is going to happen. Your company may fail, your application may vanish, but the links are all there, in the central database. This is the end of the dissipative world we are used to.

HOW CAN THE COMMUNITY BE PROTECTED BY SPAM?
ARK contains a simple and experimental democratic BLACKFLAG management system. Plus, in extreme, a brutal censorship function managed by the operators (BOTs owners).

SO DO I BUY A "FUTURE PROJECT"?
No, as soon as you buy, the game starts. This is not an [ICO], you buy a ready instance of a web-service. [SSS] stands for Start Software Sale. It is a completely new model. Get used to it, tons of collaborative markets to come... any web service can be transformed into a collaborative market, granting accessibility to informations, and wide spread of resources.

WHY NOT AN ICO?
We don't build coins. We build Markets. We don't look for money for future projects: we build the technology => we sell it. You know in advance what you invest for. Period.

CAN I MINE A BOT?
Of course! Ethereum miners are rewarded. If you find a block and a transaction happens inside ARK, so your wallet gets a CLAIMABLE BOT. Claimable BOT's are property of ARK operators, they are given for free, you pay only the administrative fee (around 0.1 ETH instead of full price 1ETH). Money are earnt by the CURRENT SELLER, depending on the step of the TRUSTLESS MULTIPLEXER. There will be only a limited amount of Claimable BOTs. (10% of total BOTs) If you don't claim a bot the next miner will claim it in your place. You can still claim yours later, assuming there are still any available.

WHAT ARE THE REAL FEATURES?

Coin listing
Modifying existing Coins
Tagging coins
Search by tag
Blackflagging system with approvation by members
Blackflag based filter system
Voting system for extreme censorship
Voting system for services prices
Collaborative market cycling 6 different services
BOT buy/sell system
Companies management
Complete billing system with:
Search bill by BOT
search bill by buyer wallet
Search bill by seller wallet
Search company by wallet
List companies
Mantain old companies informations for bills registered before the company changed name
Bounty system
Mining Bounty system
Advertising system (under coins)
Home advertising system (in home page with different costs and different multiplexer cycle)
Stats for everything
Basically extensible in its semantics (the future may be seriously different!)
Muting system for emergency (works only during startsale!)
Very Simple (neanderthal style) document system
Search low cost BOTS (client side! it would be too expensive for a smart contract)

ARE THERE ANY OTHER COLLABORATIVE MARKET?
We have a dream. We are working for it, stay tuned.

LAUNCH PAGE: http://ark.monkeyscage.org
BOUNTY: http://ark.monkeyscage.org/bounty.html
Twitter: https://twitter.com/monkeyscage
Facebook: https://www.facebook.com/groups/1145549175501331/

TRACK BOUNTY HERE : https://docs.google.com/spreadsheets/d/19J0B9WlaINjE3Ca17tpbN9pdbFeZUIZE1agZJjQ15lE/edit?usp=sharing

Please help us spread the word!




EDIT: FOR THE LAZY READER!

We built an open database for coins on ethereum
We transformed it into a new kind of DAO so the community can own it
This is not an [ICO] this is a [SSS] please read better the text if you want to know more
ARK smart contract will work EXACTLY LIKE AN ESCROW SERVICE during the start sale, no tricks:
wait for the launch, check the smart contract, and see for yourself!

A copy of ARK will be temporary available on ethereum TestNet starting 24h BEFORE
the launch on MainNet. All Bounty hunters will have access to test-ARK in order to audit the contract and start playing with it.
After 24h we will launch and they (and the possible incoming buyers)
will become the owners (and operators) of the MainNet ARK Platform.


The Expert suggests: Don't buy MORE than 50 BOTs.
The success of a Collaborative Market comes from the big number of owners.
If you are a whale so you prefer to buy few BOTs in 10000 different collaborative markets
rather than buying 10000 BOTs in the same one.
IF you buy all ARK at once (some people has the money to do it) you will be the only operator.
1000 operators talking about their service are better than 1 operator talking. Union makes force.
This is the meaning of Collaborative Markets.
Please buy a moderate number of BOTs!


TO BE USED WITH MIST BROWSER
(asks for password before any action!)
Download: https://github.com/ethereum/mist/releases

2
General Discussion / Marketing
« on: December 01, 2014, 01:40:45 am »
Hello my dear Bitshares tribe I would like to share with you my view about marketing.

Central bank all over the world are cooperate together in the grand scheme to devalue our currencies until the bond markets crush and everyone rush into US 30 years treasury bonds and USD  just in time for interest rate increase pushed by republicans that will take office by then  that will cause USA to default with over 18 trillion $ in dept.
Until then we all can enjoy almost 0% interest rates  "rising stock markets" and overnight crypto pump and dumps to feed our growing apatite for more BTS/BTC/...   holding for the time shit hits the fan and we all become milliners in worthless fiat currency.
If you think that it is worth waiting for that you are wrong.
Stop thinking about BTS/BTC/... as hedge/insurance, people won't understand you and won't "risk" much to do the same. 
Start paying with crypto for everything stop using banks and credit cards (yes I know it is hard but it is possible if you use your imagination and community resources aka people) and let other people to see this.
We only have around 30000 people using BTS (this is ridicules if you think that we can bring any significant change and not fall into being a tool for the powers we try to resist )many of us have more the 100000 BTS , give away for free 1000 BTS to each one of your friends if you really a bitshres believer, the bast currency in the world is people you won't regret it.
The Chinese are buying because they smart (see http://btckan.com/price and http://coinmarketcap.com/currencies/bitshares-x/#markets )
The Easterner's are buying because they fat and greedy sheep (see http://www.google.com/trends/explore#q=bitcoin&date=today%2012-m&cmpt=q )
One of the first slogans of Bitshares is "disrupting everything" I don't here that anymore ,why are you using standard marketing strategies?
Why the hell you need marketing anyway (to dump on newcomers and make some profit?) if you are so ideologically motivated just focus on developing the bast BTS client you can with the most functions and writing books about ...
 
 



3
General Discussion / Why we are not creating bit/crypto assets?
« on: October 21, 2014, 02:10:38 am »
As far as I know BTSX is the only one functioning tool in the crypto world that allows you to short other real/crypto world assets so why delegate don't make price feeds for all the coins out there?

I think that it will be grate for marketing BTSX to all the crypto traders out there (probably more then 50% of the actual users in this point in time...)

In our financial markets today the derivative markets on the actual markets are at least 10 times bigger ,BTSX market cap in it full potential should be around 10 times more the all cryptos market cap combined.

4
General Discussion / What is the master plan for BTS?
« on: October 20, 2014, 10:43:53 pm »
From what I understand it looks like this.(please correct me if I am wrong)

Create BTS ,a master/mother DAC with a new DPOS blockchain and UI client.(with a fair allocation of Bitshares to BTSX/AGS/PTS holders )

Integrate all other existing and future sister DACs into it(BTSX,DNS,VOTE and Music), using BTS DPOS for all sister DACs transaction generation with cross chain transaction implementation for bit-assets.

All this to create much more healthy environment for developers and bit/fiat assets markets (the main currency in this network will be bitusd I suppose)





 

5
General Discussion / How to close short position?
« on: September 09, 2014, 04:29:20 pm »
I have opened short on btc(aka sold bitbtc)
when I click on "cover" I get this message -  "insufficient funds (20010) " and nothing happens.
How can I close the short? do I need to place buy order for the same amount I shorted?


6
General Discussion / BTSX portfolio manegment
« on: September 07, 2014, 07:54:09 am »
I have some BTSX that I got from from my PTS holdings and I have been thinking about what I should do with them so here is the idea that came to me.
How to increase my BTSX value without risk using bitusd and/or bitbtc?

example:
Lets say I start with 100000 btsx at the beginning .
I buy BItUsd at market price (market pag working fine at the moment ,and should keep working in my opinion) with 25000 btsx and I buy BitBtc with 25000 btsx.

Now what I have is this:
50000 btsx
25000 btsx worth of bitusd
25000 btsx worth of bitbtc

If the price of btsx goes up (against usd and btc obviously)then my btsx can buy more bitusd and bitbtc and visa versa ,what it does effectively is keeping my initial 100000 btsx  at the same value I started with no matter how the market moves plus the interest on my bit assets holdings as proposed by BM here- 
https://bitsharestalk.org/index.php?topic=8396.0

In the long run this strategy will give you big leverage against any crypto currency or crypto asset that went down in value during the same time.

Does this sound right or I am missing something?







 

7
BitShares PTS / Adding ProtoShares to "http://www.coinwarz.com"
« on: December 17, 2013, 12:25:23 pm »
I have asked them to add ProtoShares here-(http://www.coinwarz.com/contact)
Make you contribution, ask them to add ProtoShares.
I hope they will add it soon.

9
Marketplace / WTB PTS @ for 12 BTC
« on: November 30, 2013, 02:02:08 pm »
WTB PTS @ for 12 BTC post your offers

10
Marketplace / [Domains] FOR SALE.
« on: November 17, 2013, 09:28:01 am »
- BitSharesMining.com-100 PTS

- BitSharesPrice.com-100 PTS

- BitSharesTrading.com-100 PTS

-ProtoSharesMining.com-120 PTS

11
Random Discussion / truth about markets with max keiser
« on: November 10, 2013, 01:49:53 pm »
Grate episode about bitcoin and more:
https://ia801009.us.archive.org/0/items/TaM09112013/TaM-09112013.mp3
What do you think for how long WU will survive? (http://finance.yahoo.com/q/bc?s=WU&t=5d&l=on&z=l&q=l&c=)

 

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