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Messages - SolomonSollarsNSense

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16
Hey I'm not trying to call this project a scam, I'm trying to get information that is important to shareholders out in the open.
There isn't much info on anything crypto, I'm just trying to get more info out there by asking questions. :)

I have one simple question:
How will holders of your sollars UIA receive their profits if you become successful?



This is also why Sollywood TV as a start up/gateway to the Smart Money Tree (blockchain) will raise Institutional money along side the second round ICO. It will take millions of dollars to gain mainstream adoption by the masses.
So you're going to become a fiat gateway? Therefore enabling easy access to all cryptocurrencies, such as bts? That would be great!
Become a fiat gateway, market yourself to the Hollywood crowd (which you know lots about), and get people interested in crypto via your User Interface and your Sollars product.

Fantastic! :D

@Permie

Oh I see. Great question. There are two primary ways this can happen.

1. Dividends/Buy Backs scheme: Part of the Sollars made from the cut of content creators showcasing through our gateway gets distributed to all Sollar bond holders. This would be a burn scheme though where Sollars the UIA are burned and the blockchain creates a bitUSD/SBD type token to holders (for us our token is SSENSE (pronounced: Essence)). This way we can avoid any regulatory issues. This is still being thought out though.
2. Inflation/Sollar Bond Payouts: The primary token of the blockchain would be the Sollar Bond which is simply a future Sollar (SSENSE) paid out by the blockchain. This is the token holders will be purchasing through the ICO. (This is also the token that will be rewarded to SoLCert holders.) Individuals will have to lock this bond in the system to receive the payout.

Bottom line is the way our crypto economics work in who gets paid what by the blockchain will be configured to encourage the adoption of our stable token Sollars and Sense: Smart Money. And by a mainstream audience. We start in Hollywood because there is sufficient demand for a product/gateway like Sollywood TV for the mainstream. But obviously we can go where ever we want. But first we must prove ourselves here, build demand, and then venture other places. This is no different than what any start up in Silicon Valley does.

Yes Sollywood TV will technically look to become a Fiat gateway for the mainstream. There is really no other way to circumvent the shadow of Bitcoin and beat it with everyday people. The experience of Bitcoin as an in-between is horrendous. Plain and simple it will not work for everyday people. And yes as you have alluded to this is perfect for BTS. We have to do what Circle and 21 did and raise the necessary capital to do this the right way. We will win in the end if we do. Im glad you understand the opportunity  :D

People are unfortunately too short-sighted. Most start ups do not even return an investment to shareholders for 3-5 or even 7 years. Look at Uber, Facebook, Blue Apron, Plated, Groupon and the likes. If their investors could trade on the open market from day one you would see high and low dips and illiquid markets too. This is why those rules were created in the first place. Anyways I digress. Thanks for the questions.

17
I want to be a part of the Q and A.  I have a PC and a iPhone.


@SolomonSollarsNSense I am sorry if offended you but I don't even remember since when it was when you raised funds with Solcert ICO and all I hear from you is "the time is now" within 1-2 months etc etc and all this reminds me Muse..We all know how great this has developed..

In addition I remember well that at he time of donation I have donated more than 0.5 btc equivalent and now my solcerts are worth less than 0.1 btc, if they even worth that, and I was from the early birds that donated in the small tiers..I think that I am -5 times in btc terms and -3 in $ terms but anyway..

Since then there is absolutely no value to solcert token.There is no trading activity whatsoever, no updates and you don't seem to realize that all these are problems..No you are talking about Dash, about 2nd round of ICO in the wide crypto community without even bothering to explain if holders of Solcert will have any benefit what so ever compared to the tokens of the 2nd ICO round..If all this doesn't look scam then what is?

Anyway...I am not going to argue with you and maybe I shouldn't have accused you of scam since indeed time will tell. Anyone can make his investment decisions so I blame mostly myself for having invested in Solcert vs.Peerplays..

Fair enough. I take no offense to what you have said as I get where you are coming from. I would rather keep building than arguing as typically when people see a product and other elements that make a project valuable they begin to believe again. And all of a sudden market cap is revived trading begins again, everyone starts scrambling to find their said token they forgot about long ago... and vuala. Happened countless times to Bitcoin, and PeerCoin is the latest. DarkCoin/Dash was used as just an extreme example where perfect marketing techniques was done. But this story is typical. Its a marathon not a race.

It will be one year to the date in about a week that we started gathering donations for this project. Most SERIOUS blockchain projects take on average of about 1-2 years to launch something useful. And even then none have launched a product in which regular everyday consumers actually use it.

No one has yet (besides Steemit) to build a platform that aims DIRECTLY at consumers or even Millennials. We have built one. And we will raise further funds to decentralize it on its own blockchain with its own unique crypto economics. That is still a wide open market and the only one that really matters. Has not changed.

@mf-tzo  We have 2-4 more weeks of development. If you would like to participate in the final weeks of Q and A on the MVP/POC development to see how things work and give feedback let me know. You will need an iPhone and desktop computer. We were going to invite some SoLCert holders to do this anyways. Hope this info helps.

Perfect. Sounds good.

18
We plan to pull a Darkcoin/Dash and re-invent ourselves when it comes time for marketing our second round ICO to the larger crypto world. We will not be staying in Bitshares. This will give us a fresh start and show the Bitshares community what holistic marketing can look like if done right. We have the funds this time around. Remember when DarkCoin was "dead" and had a $5 Million marketcap? Right. No one does because its DASH now with a $500 Million market cap. This is a marathon not a race. Build something people actually need and dont ignore holistic marketing. That is what we are still doing.

Please clarify. You won't be staying in bitshares?

He made it totally clear from the beginning that he was going to make his own  Graphene blockchain. @SolomonSollarsNSense did you hire Cryptonomexto to build it. And is this Dan's next big project after leaving Steemit?

What you say is true.

It is true Dan was interested in helping out but we never quite got to a level where Cryptonomex worked out. We went with another development team for this MVP/POC but moving forward there may be opportunities in round 2. Only @Stan knows what Dan is up to. But his next project is currently not ours. I don't know if he has a next project yet.

Hollywood is still the real opportunity. At least here in America. Cant talk about the rest of the world.

19


. We will be on Desktop and iOS.


Has the iOS APP  been Apple approved?

Great question. We were already approved for testing but not launch. Approval of our app WITH direct purchase of Sollars by consumers (no Bitcoin in between) will be part of our round 2 ICO. That process is more legal than technical and we will need the proper legal structure in place to get approved.

We want consumers to be able to purchase Sollars without needing Bitcoin. Right now the larger crypto world does not realize they are doing themselves a huge disservice in adoption of their toke by tying its exchange to Bitcoin. The UI/UX is a nightmare to the average person.

This is also why Sollywood TV as a start up/gateway to the Smart Money Tree (blockchain) will raise Institutional money along side the second round ICO. It will take millions of dollars to gain mainstream adoption by the masses. The blockchain bootstrapping of the last couple of years is non$ense. The last seven years has bore that out. One needs to treat this like a serious start up like Uber and raise the necessary rounds of funding to build real adoption. They have raised $10 Billion. Thats Taxis and this is money. You are fooling yourself if you think mass adoption of a new digital currency can be "bootstrapped" in one round with one ICO. Not gonna happen.

@konelectric let me know if you would also like to participate in a couple of weeks. Thanks.

20
Does your platform profit BTS shareholders?
Or only Sollars holders?

You say 'this will no longer be tied to the BitShares DEX.'
Will your asset still be traded+secured by the BTS blockchain?

I would say both. In the same way that the PeerPlays UIA benefits both to some extent.

But its a little premature to have a precise conversation on how tied or not tied Sollar Bonds will be to the Bitshares DEX. I honestly don't know and its a conversation that will be had amongst top Bitshares/SoLCert holders who care about the project, understand the Entertainment opportunity and want to see it succeed in the larger market.

If you have written the project off then there is no point in following it. Its true. We suck, this project is a SCAM, there is no value in Hollywood, or Millennials. Besides there are plenty of blockchain projects that already appeal to regular consumers and have them use it everyday so why bother. Also the top blockchain projects all have multi-million dollar market caps because of millions of daily active users that are mostly young hip people and grandmas... Those market caps ARE NOT because of pure speculation AT ALL. Its REAL value...

Just trying to make Alternative Facts Great Again.  ::) #ThisIsNotARace

21
@SolomonSollarsNSense I am sorry if offended you but I don't even remember since when it was when you raised funds with Solcert ICO and all I hear from you is "the time is now" within 1-2 months etc etc and all this reminds me Muse..We all know how great this has developed..

In addition I remember well that at he time of donation I have donated more than 0.5 btc equivalent and now my solcerts are worth less than 0.1 btc, if they even worth that, and I was from the early birds that donated in the small tiers..I think that I am -5 times in btc terms and -3 in $ terms but anyway..

Since then there is absolutely no value to solcert token.There is no trading activity whatsoever, no updates and you don't seem to realize that all these are problems..No you are talking about Dash, about 2nd round of ICO in the wide crypto community without even bothering to explain if holders of Solcert will have any benefit what so ever compared to the tokens of the 2nd ICO round..If all this doesn't look scam then what is?

Anyway...I am not going to argue with you and maybe I shouldn't have accused you of scam since indeed time will tell. Anyone can make his investment decisions so I blame mostly myself for having invested in Solcert vs.Peerplays..

Fair enough. I take no offense to what you have said as I get where you are coming from. I would rather keep building than arguing as typically when people see a product and other elements that make a project valuable they begin to believe again. And all of a sudden market cap is revived trading begins again, everyone starts scrambling to find their said token they forgot about long ago... and vuala. Happened countless times to Bitcoin, and PeerCoin is the latest. DarkCoin/Dash was used as just an extreme example where perfect marketing techniques was done. But this story is typical. Its a marathon not a race.

It will be one year to the date in about a week that we started gathering donations for this project. Most SERIOUS blockchain projects take on average of about 1-2 years to launch something useful. And even then none have launched a product in which regular everyday consumers actually use it.

No one has yet (besides Steemit) to build a platform that aims DIRECTLY at consumers or even Millennials. We have built one. And we will raise further funds to decentralize it on its own blockchain with its own unique crypto economics. That is still a wide open market and the only one that really matters. Has not changed.

@mf-tzo  We have 2-4 more weeks of development. If you would like to participate in the final weeks of Q and A on the MVP/POC development to see how things work and give feedback let me know. You will need an iPhone and desktop computer. We were going to invite some SoLCert holders to do this anyways. Hope this info helps.

22
We plan to pull a Darkcoin/Dash and re-invent ourselves when it comes time for marketing our second round ICO to the larger crypto world. We will not be staying in Bitshares. This will give us a fresh start and show the Bitshares community what holistic marketing can look like if done right. We have the funds this time around. Remember when DarkCoin was "dead" and had a $5 Million marketcap? Right. No one does because its DASH now with a $500 Million market cap. This is a marathon not a race. Build something people actually need and dont ignore holistic marketing. That is what we are still doing.

Please clarify. You won't be staying in bitshares?

No problem. As stated in this UPDATE we will be pursuing our own lightweight (graphene based) blockchain for the second round ICO. It will no longer will be tied to the Bitshares DEX. This was always the long term plan but we are pursuing it now.

The first round was primarily marketed to Bitshares community members with insufficient interactions with the larger outside crypto-community. This time around it will be the opposite. We will primarily be marketing this ICO to the larger crypto community and will primarily accept Bitcoin and Institutional investment.

Let me know if there are any questions. Thanks!

23
Solcert or Solomon and nonsense as my friend @tonyk used to call it does not look very promising either.. I hope that does not end up being a scam but...no updates from @SolomonSollarsNSense for a while does not look good..I remember back in the days I decided to through some bts to solcert instead of peerplays..how stupid was that??

@mf-tzo

Sir I am not a scammer. I apologize for not being around the forum lately but again I am not a scammer. It is too early to say what will succeed and what will not. Jon has a great project with PeerPlays but it is still my belief that no greater opportunity lies with blockchain (with a wide open space) than Hollywood.

PeerPlays has a solid team and all the right bells and whistles but I would caution that it is in a heavily competitive space. Even they cautioned it. Hollywood and the opportunity to reach Millennials is wide open. Raising money is not a sign of long-term success. Adoption by mainstream people is which still til this day no blockchain (except for Steemit's early days) can claim. Look where Steemit is at today. This is a marathon not a race. Let's see how everything plays out.

If you would like to know we have two more weeks of development for our MVP/POC of the Sollywood TV marketplace. We will be on Desktop and iOS. And then a 2-4 week Q and A with the development team for bug fixes and wrapping up design. The project is still going full force. Due to the uncertainty of the Bitshares price value and other development costs we have had to be strategic in completing tasks for the project. We raised Bitshares at a certain market cap value so have to exit our position at that value to "stay in the black" so to speak.

We plan to pull a Darkcoin/Dash and re-invent ourselves when it comes time for marketing our second round ICO to the larger crypto world. We will not be staying in Bitshares. This will give us a fresh start and show the Bitshares community what holistic marketing can look like if done right. We have the funds this time around. Remember when DarkCoin was "dead" and had a $5 Million marketcap? Right. No one does because its DASH now with a $500 Million market cap. This is a marathon not a race. Build something people actually need and dont ignore holistic marketing. That is what we are still doing.

SoLCert still plays as a token similar to the PeerPlays UIA token. Actually its exactly the same. Those who hold will be rewarded as promised. For a time the BitsharesTalk forum died out so I stopped giving updates due to inactivity. As tbone pointed out I am active on Telegram. Once again I can assure you this project is still going on and this time around we have the funds to do proper marketing and an actual platform that can be tested out so we can show what we have done and explain the opportunity to the wider crypto world. You know how we do that... with video.

We are very close to completing the new explainer video for Sollywood TV. Its very good. When it is laid out as last time I will come to the community and ask for feedback so it can be perfect. Hope all this info helps. Any questions let me know. Thanks for your patience.

24
I agree most of the ICOs are way overpriced but nobody is forcing anyone to buy in and everyone should do their own due dilligence.

I think it would be better for the ICO to be done in OPEN.BTC for 2 reasons.
1.) ronny makes more money on OPEN.BTC trades (0.2%)
2.) BTC is a well understood liquid market

But at the end of the day its up to ronny to do whatever he likes.

We can't blame free market traders for BTS price not going up.

This.

And that!  +5%

25
Is there any new update in this project?



PART 1 / PART 2



Regards,
Solomon
.

Thanks Konelectric. Stay tuned for the new explainer vid  ;D

Cool, I can follow you on Steenit now.

26
COOL! Thanks, good luck!

No problem Sir. Thank you  :)

27
Proper Updates coming 2020-2021

28
General Discussion / Re: Soledger Goals
« on: November 06, 2016, 05:14:28 pm »
These "REAL utility" blockchains will be the big winners going forward. With the potential that Steem has shown this year there is no doubt anymore that decked out infrastructures are not needed to make some type of impact on normal consumers (which is actually where the big money lies). And if Steem can fix the kinks in their business model don't be surprised if it shoots right back up next year. It still in beta and people forget this.

For instance Steem/SteemIt built a lightweight blockchain that was for the social network/blogging industry, PeerPlay is in the e-sports/Sports Betting/Gambling industry and my project we are in the Hollywood/CableTV/Streaming space. What space are you experimenting for? Or does it have a more broader application that could generally apply to multiple industries? Finally while I do not believe you could get the steady stream of project's needing technical help here (in the way that say Ethereum provides), I do believe there is some merit to Soledger making a play for the business model CODE/Consensys is doing.

I am liking your thinking Solomon. Lance and I have been having some thoughts along similar lines. Particularly concerning the ideas around the development of focused, application-specific chains.

So up until now, Soledger had primarily been focusing on exploring the viability and uses of a specific consensus protocol of our own design, which offers certain unique security and performance tradeoffs. Lance mentioned it briefly in his earlier post. I am not sure that our work is concrete enough to begin a public discussion with everyone yet, but I will let @Agent86 chime in if he wants to say more.

 Hopefully it is successful, and after getting back up to speed with Graphene and BitShares, there may be opportunities for Soledger to do further Graphene-based development along the lines you mentioned. Given the amount of infrastructure and exposure that continues to grow around Graphene, I can indeed see opportunities to do targeted development around BitShares, Peerplays, and/or other Graphene-based chains that are yet to be launched. Going a step farther, as an example, I know Lance has a great passion for different SmartCoin and bond mechanisms--so there may be potential for future Graphene blockchains focusing on such contracts.

You're probably aware but there also turns out to be a number of blockchain-related meetups on Meetup.com around the Chicago area. Lance and I have gone to a few and will continue to do so when it makes sense--meeting people in person is helpful to keep a finger on the pulse of things, and to keep abreast of local developments and opportunities.

Good to hear Vikram! Glad I could be of some thoughtful stimulation. I figured we might be somewhat on the same page already and It's definitely a great sign you both are thinking along these lines (business wise). As a Hollywood guy I'm always thinking how I can make people a "Star", or I try to study how others are doing it (marketing). And when I see Joseph and how they market him "making hims" is pretty easy. Just need the right developer, a project that has potential and the ability to make great quality content. The rest kind of works itself out.

Now it would behoove you to look at your introduction back into the community. Imagine if everyone treated you like that outside of this community too... (that's right cha-ching!  ;) Its my job to think like that lol And whether you like it or not you've got the "it" factor for technical development. Use it wisely.

Okay experimentation is a focus on consensus, and besides that you both are open to other focuses and projects. Sounds good. That is all I needed to hear. Obviously we have an active project so Soledger's direction interests me personally. I was hoping some experimentation might have been along the lines of rewarding economics for long term adoption? Steems primary reason for success? If not no worries. @Agent86  has interest in bond mechanisms which is right up my alley. We are trying to use the concept of "bonds" as part of our rewarding economics for mainstream adoption. That is if we were to create a application specific blockchain. Still working out some details. Whenever you guys are ready to share your ideas though, I am all ears. But no rush.

In terms of meet ups actually I was not aware they were still happening in Chicago... I used to attend the Bitcoin specific one lead by Joshua Solomon. But I stopped because it was too Bitcoin focused and everyone came there to circle jerk about it  ::) It got old really fast. Is there an alt-coin one?

Anyways I wholeheartedly agree face to face meet ups are the best kinds of interaction. Would love to know the blockchain meet-ups around Chicago you think are worthy to attend. If you still attend I can come to the next one and meet up with you guys. Just let me know and I will see what I can do. Cheers!

29
General Discussion / Re: Soledger Goals
« on: November 03, 2016, 05:53:26 pm »
Do you guys still work on/with the graphene code base or have you picked something else for your company?

Just to venture a limb here guys. I sort of imagine Soledger wants to do something similar to what star developer of Ethereum Joseph Lubin is doing with his Consensys/CODE project. Where they are either helping their original project (Bitshares) and or other projects that can afford their services to achieve their blockchain goals. They certainly have the technical expertise.

Unlike Ethereum they could help with graphene based projects? I agree though clarification would be stellar.

Soledger is still very young so we are still exploring options and don't want to take anything off the table just yet. This is also why things are still a bit vague, but already the feedback we are getting from some of you is helping clarify things.

But once I am at that point I think we can talk in more concrete terms about what pieces of Graphene could be fixed or upgraded, or even whether it could be used as a base for other interesting systems alongside BitShares itself (like Peerplays is doing).

We are also doing some internal prototyping and experimentation of some of our own ideas (some of which @Agent86 mentioned earlier) that are independent from Graphene/BitShares for which we are using the Golang programming language, so hopefully we will have something interesting to share with regards to that in the future -- still experimenting for now though so no timelines yet.

Thanks for the reply Vikram. I think it is a smart move to keep options open. I don't know if you know but it seems DPOS is really taking off with many other communities and its cool to know we started it here. Projects like Steem, LISK, Tendermint/Cosmos, and now Ark which was just announced (with a huge list of whose who in the crypto world) have taken to its configuration and are making their own flavors with slight tweaks. There are others I just cannot think of them right now.

I do not know how the overall Bitshares community feels but personally I think the blockchain trend of 2017 will be the "mainstream utility" movement. Blockchains that are built to fulfill a specific utility while appealing to the user-friendliness regular folks appreciate. This is what is starting to bubble up to the surface and spill over in terms of where the overall crypto communities want to move. I guess people are finally tired of sending transactions to each other back and forth and circle jerking about it being soooooo decentralized!  :P  ;)

These "REAL utility" blockchains will be the big winners going forward. With the potential that Steem has shown this year there is no doubt anymore that decked out infrastructures are not needed to make some type of impact on normal consumers (which is actually where the big money lies). And if Steem can fix the kinks in their business model don't be surprised if it shoots right back up next year. It still in beta and people forget this.

I mention that because you said you were experimenting along side trying to figure out the type of services Soledger can provide. If you don't feel comfortable sharing what it is you are actually experimenting with I understand. But would you mind mentioning the specific industry your experiments could appeal to? For instance Steem/SteemIt built a lightweight blockchain that was for the social network/blogging industry, PeerPlay is in the e-sports/Sports Betting/Gambling industry and my project we are in the Hollywood/CableTV/Streaming space. What space are you experimenting for? Or does it have a more broader application that could generally apply to multiple industries?

Finally while I do not believe you could get the steady stream of project's needing technical help here (in the way that say Ethereum provides), I do believe there is some merit to Soledger making a play for the business model CODE/Consensys is doing. They should not be the only ones in that space right now and the technical expertise of Joseph Lubin and his team has allowed many Ethereum projects to raise crazy amounts of money for their projects. The last being SingularDTV a worthy competitor to my project. This model of using reputation and coding expertise to funnel resources to a crypto-community is a winner in my book. It brings monetary resources to their community so their economy around the blockchain is actually built.

It is really a shame that many Ethereum projects will go no where. No shade, but I just do not think Ethereum's economics will work long term for majority of PROFITABLE businesses. Crypto or otherwise. Imagine Steem's economics on Ethereum... yeah not gonna happen.

Graphene and other application specific blockchain business models can be your niche or selling point. They will be the winners going forward. And I believe if Soledger were to focus on helping projects like these it could be a great alternative to Consensys/CODE's Ethereum specific model. And could be a great way to funnel resources to this community and most importantly yourselves. This is of course just one service in addition to whatever else you could potentially want to do. The only real question is the one all new businesses struggle with and that is where to start... Let me know what you think of these ideas. Peace and THE CUBS WON!!!!




30
General Discussion / Re: Soledger Goals
« on: November 02, 2016, 03:56:49 pm »
Just to venture a limb here guys. I sort of imagine Soledger wants to do something similar to what star developer of Ethereum Joseph Lubin is doing with his Consensys/CODE project. Where they are either helping their original project (Bitshares) and or other projects that can afford their services to achieve their blockchain goals. They certainly have the technical expertise.

Unlike Ethereum they could help with graphene based projects? I agree though clarification would be stellar.

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