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Topics - evisu1

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General Discussion / How does one start a DAC
« on: December 21, 2013, 02:41:44 am »
I'm trying to understand what one needs, technically, to go from "idea" to DAC. It seems like a lot missing. What are the basic-building blocks / infrastructure services that are needed ? 

Must all DAC's have have miners and blockchains? Suppose a single server and its domain name are controlled by votes from 10,000 shareholders using an existing cryptocurrency as a basis. Is this not to be considered a DAC just because the filesystem and web server are not distributed ?

Thanks !

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General Discussion / so what is the business model ?
« on: November 16, 2013, 02:45:40 am »
Over the past few days I've read exhaustively about protoshares, keyhotee, bitshares, domainshares, nameshares, etc etc. I've seen the videos, i've heard the podcasts, i've mined some proto... and while it all seems pretty cool, I do have a few concerns.

1) I'm just not understanding what the value is in holding protoshares, which to my understanding (and correct me if i'm wrong here) is the same as dividend paying stock in Invictus Innovations. Sure, I played along... and now I have a few protoshares, but truth is, I'm not even sure why: Who are the customers of this DAC? what is the revenue forecast? what is the product we are selling besides our own stock?! I'm reading a whole lot about the supposed dividends, but i'm not even clear on where the revenue is coming from.

2) Why are dividends paid out from transaction fees and not from profits? AP DAC example aside.. lets say we have online casino DAC that has revenues of 50BTC and needs to pay it out in full as a dividend. How does this possibly relate to revenues that shareholders should receive from transaction fees ? What happens if there is low transaction volume but high dividend payout? High transaction fees? 

3) Launching one project, even for a big company, is a hard enough task. How can Invictus possibly develop, manage, execute, market and support allllll these innovations/projects? open source and "the community" ? I would be (pleasantly) surprised to see all the projects executed successfully. Its ambitious, I will give you that...

Thanks,
A concerned protoshare holder

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