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Messages - coinking

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BitShares AGS / Angelshares toolkit for the creation of new DACs?
« on: January 04, 2014, 03:33:21 am »
Say I would like to launch and fund a new DAC.
Where can I find details on what's planned for Angelshares especially regarding the "toolkit" which aids in the creation of new DACs?
Is the plan to have a protocol layer on top of AGS or PTS instead of developers having to create a wallet from scratch?

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Technical Support / Re: How to Make a New DAC
« on: January 03, 2014, 12:25:03 pm »
Thanks @luckybit

I will look into the algorithm aspects more deeply.

I still don't understand what are the ways for Funding?

Is it wise to use the same work-plan as MMC, meaning fork a new blockhain, mining, wallets. Mine them early, and offer them at a later stage as representing shares of the DAC?
Surely I plan to give 10% to PTS and AGS holders in the genesis block.

Or does the PTS protocol is actually freeing me from all the technical hassles above and I can simply create my new shares Over the Existing PTS network? (or over the Bitshares future network)

Thanks



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Technical Support / Re: How to Make a New DAC
« on: January 02, 2014, 04:36:19 pm »
Yes I am aware of the opportunity 8)
But can you please answer my questions?

4
Technical Support / Re: How to Make a New DAC
« on: January 02, 2014, 10:21:00 am »
I understand coding is necessary.
So only pure internet businesses can benefit from that?
What is the minimum I need to do to start a new DAC?
And which tools Invictus are providing to make it easier?

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Technical Support / Re: How to Make a New DAC
« on: January 02, 2014, 08:15:22 am »
Thanks @stan and @bytemaster  :)

I read all the links and have a better understanding now.

I a curious and fascinated to know more about the Technological and Technical aspects of starting a new DAC both as a developer and as a user.

I wonder how much plug-n-play this can be, and how to minimize the technical efforts and focus on the idea and the business itself.

I want to utilize the
Quote
PTS community expertise and the AGS-funded DAC Developer's Toolkit
and wish to break it down into practical steps.

So here are my questions:

1- To start a new DAC do we have to open our own new Blockchain and create a new currency?

(I am more involved in the mastercoin community, and as far as I understand creating new coins is built in the protocol an doesn't require the user to open a new blockchain, wallet, mining etc.)

2- Do we have to create a new wallet which will receive the new coins?
This is something I would like to avoid for minimizing the hassle on the user side, can a new DAC connect to Keyhotee?

3- How to Technically manage the allocation of the new coins and sending them to Investors?
I wonder how Invictus are managing Angelshares IPO right now?

Maybe I am perceiving the technicalities behind such operation as bigger than what they really are.

Imagine a time in which starting a new DAC does not require more technical understanding than setting up a corporation in the real world....



 


6
Technical Support / How to buy the Keyhotee coin - Nameshare?
« on: January 01, 2014, 09:23:18 am »
How to buy the Keyhotee coin - Nameshare? (not sure this is it's name...)

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Technical Support / How a simple user can work with: Protoshares, Angelshares, Bitshares, Nameshare?
« on: January 01, 2014, 09:11:46 am »
I am trying to understand how a simple user can work with the above.

Would any of the above be on a separate blockchain?

With separate wallets?

(I hope this is not the case as it would make the life of the users very miserable and prevent wide adoption)

Is Keyhotee planned to be the single client for all of the above?
What about new non-invictus DACs, would they connect to the keyhotee client?

What's the key difference between Protoshares and Angelshare? It seems they do the exact same thing.


8
Technical Support / How to Make a New DAC
« on: January 01, 2014, 09:02:09 am »
I would like to clarify I am an entrepreneur not a programmer. I have a basic understanding of the technologies involved but not more.

1 - As an entrepreneur who wants to start a new DAC, what are the first steps required to create my own shares and to raise funds?

2 - Do I need to fork protoshares, start a new blockchain, new wallet, new mining algo?

If this is the case it's very difficult for an entrepreneur without a team of programmers to start a new company using the DAC technology and network.

3 - In this new blockchain (if indeed it's required), am I expected as part of the social consensus to give 10% of the new shares to Protoshare holders, and 10% to Angelshare holders?

How is the price of New DAC shares/Protoshares and Angelshares is set?

4 - What does it mean Technically that Protoshares are the granddaddy of new DACs? Does it relate only to Invictus DACs or others (as me)?


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