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How I understand the terms, you take a snapshot (or possibly multiple snapshots of multiple chains) when you are doing a sharedrop.Yes.
snapshot = the freeze-frame of a chain-state, where balances at a particular blockheight are recorded
sharedrop = a new token allocated to a single snapshot or collection of snapshots
With all honour i don't understand this logic. We don't use toolkit. We invest in fact our personal money, time and expertise to do something we believe is useful for EVERYBODY. We don't ask your money, time or something else. Take it. Use it. Do whatever you want.
And they cut you in for 10%, so who's complaining?
But more seriously, if this cyberShares is taking a significant %age of the total (which they are), they need to be adding a LOT of value through development work, marketing, integration, etc. Are they? If they are, this coin could be good, though it does seem pretty weighted in favor of giving its devs coins.I want to remember that this is a project, not the state. 10% for building project at this point of competitiveness we perceive as fair and almost any project operate it.
Guys, I am going to take a snapshot of BTS and the Ethereum genesis stake and create AwesomeCoin.
Looks like a promise the moon type coin/project then give yourself a healthy sharedrop. Like SuperNet, it'll do everything. Invest early and don't miss out on another game changer.
it'll do everything.We don't plan to do everything. We will build basic infrastructure in terms of digital marketing to make possible efficient and measurable resource allocation. Nobody do it now. But here is potential and its stupid do not to use it.
What will your sharedrop percentages be? And how will you track the success of these 2.0'sYou can check droproadmap :-) of cyber•Fund team here. We cannot and would not setup percentages. There is better "market" solution. Founders will define this in any particular case. Similar to Adwords - more you drop - more attention. You can test, but it costs and confuse. You can ask(!). There will be tools to analyse and measure.
Are you planning to hold a basket of shares or is this an index fund?We already do, but that is not about cyber•Shares. cyber•Fund will work as index with quasi decentralized principle. Investors do not touch assets, but there is proof of reserve. cyber•Pie will work as trustless personal one-click portfolio which will overperfom Bitcoin.
There are cybershares on Coinprism, NXT, Counterparty and etc. How do you plan to make them interchangeable? They naturally have different price so 1 cybershare on NXT is not equal to 1 cybershare on Coinprism or Counterparty.That is the most hard issue of the project and to be honest i still don't know the right answer inspite of the fact that upcoming DApps industry with or without cyber•Shares should solve it. I have assumptions for solution. There could be 2 approaches:
thanks luckybit for posting this!
i appreciate reading your ideas are insights as original and stimulating, - i see no issue if most of them yet remain within a theoretical realm ..
This one is more of an observation of the function of the altcoin ecosystem.
Here, read this http://dare.uva.nl/document/2/67390
Fascinating and poetic view on the evolution of something capable to live in informational environment. Thanks...
But nobody want to read this :-) I have the hole book about global brain concept build on DAC + DApp concept. It would be interesting to have your mind on it... Its draft, next year i'll rewrite the most... But anyway http://paper.cyber.fund
Are expressing that you want me to contribute to your book?
I'll contribute if you credit my contributions.
I think I see where you intend to go with this but it needs some editing as some words can be changed around to have more clear meaning.
You are right. English is not so native for me and unfortunately some time is hard for me to think english. But that was willful decision to write in English as far as in Russian almost impossible to find contributors who understand topic and wish to contribute.
I think I see where you intend to go with this but it needs some editing as some words can be changed around to have more clear meaning.
With the coming asset ownership restriction option.Could you clarify details of upcoming restriction?
I've catch. Yeah you right. No need to show in absolute. Only percentages that show the structure of shareholders.
The way I understand it a user issued asset has it's supply decided by the issuer. In most cases it seems they just set the supply equal to the maximum from the start. Unless there's a burn of funds through transactions or deliberate action, that supply will then just stay constant.
I haven't really considering issuing an asset no, because as it stands I don't really see the utility. If they end up becoming useful I'll be happy to reconsider though.Utility could be tremendous. I am looking how NXT ecosystem emerge. It happens only because participants accept build in assets as efficient way to manage domain level projects and products. If you domain project have asset so you can from day 1:
First of all i propose to split Assets section into two section: bitAssets and Assets (or whatever you like) due to the different needs of information and its structure.
What i need as asset issuer:
1. Asset description - there is no data from "data" field.
2. Market info - its already comprehensive but lifetime trade volume is critical for due diligence of asset.
3. Shareholders info and analytics of asset. Nobody want to invest to asset if shareholders structure not discoverable. That is simple rich list as implemented in Next blocks. If you'll add distribution graph like you've implemented for Bitshares holders - awesome!
4. Transaction info and analytics of asset. Transaction analytics is the most critical part. No transactions - asset is dead. Number and volume for different periods (day, week, month, lifetime). List of transactions will allow to work as blockexplorer for particular asset.
That's just the most needed features! Thanks!
And by the way: Why you still didn't issue asset for you project? I would put some BTS into it! NXT dev boom happens only because every infrastructure project begin to use UIA... That is definitely best practise and i believe that it could work for opensource projects if you'll define social consensus for your repository. Any project build with your code could sharedrop to bitsharesblock holders for instance 20%, or less, or more. Just define, issue asset and put it to the market! If you'll want to appreciate me with some BTSBLCKS for an idea - thats cool and personally me will be more motivated and involved into project as far as other shareholders! I can subsidise 500 BTS for asset issuance from cyber•Fund team.
Thanks for the proposals!
I'm not sure all of that is feasible though.
1. Do you mean the "public_data" field? You'll have to tell me what to look for cause most assets don't have any data defined
2. Lifetime trade volume should be possible, I'll look into it.
3. Shareholders info: I don't think this is possible, given how TITAN works. Distribution could be tracked but for most assets I don't think it would be very interesting since it'll be constant at max supply from t0.
4. More transactions info should be possible, I'll keep it in mind!
