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Messages - matt608

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16

Spread that Button to many websites and blogs. Distribute the Buttons.

 +5% It could go on bytemasters blog.

18
Great update, makes me look forward to next months  +5%

19
Stakeholder Proposals / Re: Developer delegate: dev.bitsharesblocks
« on: March 15, 2015, 07:36:51 pm »
Great addition with the buy BTS option from metaexchange.  +5%

20
General Discussion / Re: Bitshares vs Bitcoin Locks
« on: March 14, 2015, 08:30:41 pm »
Coinapult locks, bitreserve and circle let you peg your bitcoins, but you have to give away your personal information to register.  At BitShares it's more like 'cloud-banking' where you stay in the cryptosphere.

21
And we’ve had discussions with Gentso1 of http://cryptosmith.info for cross-marketing and finding a way for miners to effectively mine physical Silver or Gold with payouts in BitSilver exchanged at cryptosmith.

This is a totally killer feature - the PR alone would be priceless!

 +5%

22
Is adding an MPA for a altcoin really the best way to do it?  It might be better to simply trade altcoins in a centralized way but where they can trade against the decentralised bitassets.  I.e. altcoin gateway + UIA. 

23
Stakeholder Proposals / Re: Freebieservers.com is here
« on: March 11, 2015, 08:06:29 pm »
I've thought more about this and talked to several BTS stakeholders.  Many have the view that integration of BitUSD should be free, because it's beneficial for your business, as a stable crypto that's useful for gamers.  BitShares should not have to pay to add a feature to your service, unless its open sourced (as a marketer I can't evaluate the value of that).  This is by no means an official view as there is no such thing as 'official' in BitShares, just a view that I have encountered from a number of people. 

The advertising on the other hand, that is a separate proposition.  Ideally BitShares would have an advertising budget ready and it could then be discussed among the marketers whether we want to attack the gaming industry with BitUSD and build a BitUSD brand among gamers.  A decision would then be able to be decisively made and we could start a test campaign, or not, depending on the decision.

What we've got though, is a far less elegant system.  If you do get those delegates up and running, by the time they get voted in and accumulate funds months will have passed, and there never would have been a co-ordinated decision by BitShares to attack the gaming industry, just this one random foray, which if it did have a successful immediate return, is likely to fizzle out and require lots more in expenses to maintain the BitUSD brand among gamers (my initial opinion as a marketer).  I'm not convinced that stable crypto is of high enough utility among gamers to go viral from one insertion point.  I would be glad to test that though with a small campaign after integration.

If you did the integration for free and came back, I would fight for one of the other funds (we do have a couple) to do a test ad campaign on freebieservers, perhaps $500.  If it went well I would fight for more, and more if that went well.  Generally I don't think advertising budget should go directly to the company BitShares is paying to advertise with, it should come from a fund held by a marketing delegate.

Could you please break down costs of everything in your proposal into dollar amounts so we can evaluate more accurately?

And consider the following question:

Would you integrate BitUSD regardless of getting voted in because it's usefulness brings value to freebieservers?

One thing to keep in mind (I'm talking to everyone here) is that BitShares doesn't have the budget to build a strong brand around it's BitAssets.  They have to have enough utility in the given niche to go viral by themselves after insertion.  For gaming, I'd imagine integration with popular gaming chat like xfire (do people still use that?) combined with this kind of sponsorship is the way to go.  A one-pronged attack isn't enough.

Are those 3 100% delegates already registered?


24
Stakeholder Proposals / Re: Remove yunbi delegates
« on: March 11, 2015, 06:59:00 pm »
Great to see Yunbi voted out so quickly and thank you Yunbi for the great work.  +5%

25

If a hardfork is needed to get an asset created either it shouldn't be created or 500k is too much. So if there is a hardfork it may be better to look at the fee structure than do one off additions.

 +5%

27
General Discussion / Re: Light Wallet Beta Release
« on: March 09, 2015, 05:30:03 pm »
Is there an ETA for when this will work on all major operating systems?

28
Stakeholder Proposals / Re: Freebieservers.com is here
« on: March 08, 2015, 05:35:19 pm »
Thanks for the prompt and useful answers Freebieservers.  You may want to consider holding a http://beyondbitcoinshow.com mumble hangout to talk through your proposal to the BitShares community live.  This often helps the idea become established among BTS holders and should help with getting elected.  Also having this thread translated into Chinese and posted in the Chinese subforum is another useful action.

So far to me it looks like it could work very well.  5 delegates is a lot though and it will be especially hard to get elected due to concerns of centralising the network too much.  Perhaps you could have fewer delegates but be partially funded by BitShares by other means, such as via BitSharesBreakout or another fund.

For the betting platform, as @fluxer555 says,  "If the BitShares community pays for such a platform, then the BitShares community should be the owners of the platform, and should share the profits."  One option would be doing a crowdfund by creating a UIA and having it listed on metaexchange.

This is an excellent use case for BitUSD and with viral potential, glad to have you here :)

So it cost around a buck per new account for Nxt.  So we are looking at around 5000 users a month with 5 delegates each worth just over $1k at current market cap.

What is the upper limit to the amount you would require?  When the marketcap increases to 50 million, 100 million or more, what will you do?  E.g.  You could burn the extra funds or ask us to vote out one or more of your delegates.

29
Stakeholder Proposals / Re: Freebieservers.com is here
« on: March 08, 2015, 03:33:50 pm »
Thank you freebieservers for your interesting delegate proposal. 

I read through the freebieservers Nxt forum thread:
https://nxtforum.org/asset-exchange-general/freebieservers-com-75-000-users-and-growing!/

A few quotes:
"The idea is to build a nxt-economy among our users as we grow." - Oct 25th 2014.

"We have collected around 20,000 NXT from donors, which has been mostly been used to pay our developer to create our custom platform." - Nov 21st 2014.

"This represents great progress towards our goal of creating a platform that is closely integrated with NXT, enabling and incentivising new users in our ideal demographic to explore NXT and cryptocurrency in more depth." - Nov 21st 2014.

"We plan on a number of additional revenue streams to maximize our growth potential, including licensing of our new panel software for others to use, creating a commodity-based virtual goods betting system, and the introduction of the first-ever gamer related cryptocurrency - backed by NXTCoin." - Jan 13th 2015.

"We're in the talks with a few coins- announcements will be made as soon as the deal is set.  We are also working behind the scenes with a number of big Nxt projects" - March 7th 2015.

Questions:
- Which other coin communities are you looking to partner with?
- Is an Nxt advertising campaign is still running?
- Isn't multiple coin options confusing for users? 
- Can BitUSD be the exclusive coin advertised?
- I saw you did an ICO, how does BitUSD + BitShares fit into this?
- Is the cost of BitUSD video ad creation included?
- Are you going to ask for any donations on top of these 5 delegate spots? You say in point 2  "The community can also come forth and commit give aways"  Does this mean you expect us to fund giveaways not covered by the delegate pay?
- Could people login using BitShares login?
- What was the average cost of each new Nxt user?
- How does the BitUSD sponsorship/integration differ from what that of NXT?  Is it the same thing?
- How long do you expect to require the delegate positions?
- How long will the BitUSD ads run for? 
- What is the growth rate of your user base for the past 3 months?
- Have you thought about which BitShares wallet to recommend to users?  The Light Wallet or the Mobile wallet (limewallet) are probably the best fit.

In the Nxt thread you mentioned developing a betting system which, "would cost anywhere between 20-25k USD". Are you still wanting to do this?  This could be an excellent use for BitUSD and you may be able to acquire funding for it here providing it only uses BitUSD.

Thanks again, looking forward to hearing more about this.

:)
-matt608


30
I've been brushing up on Ripple, this a video of theirs (from 2013) about becoming a Ripple Gateway  https://www.youtube.com/watch?v=xDdgzrJM8rQ

They talk about a Zip Zap integration (25.30 mins in) which lets people topup their ripple wallet with cash, without having bank account.  The person from Zip Zap says it took them 2 weeks to do the integration.  Zip Zap handle all the KYC information within the local laws within the countries they work.  Zip Zap would be an ideal parter for BitShares as they are basically a huge network of 'tellers'.

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