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Messages - SolomonSollarsNSense

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31
General Discussion / Re: BitShares administrative and maintenance tasks
« on: November 01, 2016, 12:10:03 am »
 +5% +5% Upvote

Good to see you back Vikram!

Didn't know you were based in Chicago IL. We are too. Gold Coast area. Small world  :)
How about them Cubbies! Anyways good luck on your project. You might want to also try posting on SteemIt and introducing your project there. Many of the old Bitshares community members reside there more often than here. Regards.

32
UPDATE: $ense Coin

Happy to debut the new $ense coins that will be accompanying us on the third phase of this journey. I'll be on Mumble this Friday to give some updates on the project and our new direction. Thanks!



33
UPDATE: For our Supporters

This is another quick update for where the New Money project is at. We have been working hard behind the scenes on development of the Sollywood TV platform. The marketplace by which individuals will be introduced to the Sollars and Sense: Smart Money token. You can check out some screenshots:

FRONT PAGE / LOGIN / PROFILE / SOLLARS ACCOUNT / ADMIN / CONTENT CREATOR SEARCH

These screenshots are from our desktop app. Our iOS mobile app is being wire-framed and designed now. Similar to SteemIt/Steem Sollywood TV will essentially be our starting marketplace to bootstrap the Sollars and Sense currency with content creators and mainstream consumers. Our mission of mainstream adoption has not changes and we are very pleased with where development is going. No one has our mission of mainstream American adoption and we will take advantage of it. Content Creators are crying out for better solutions and we are going to be here to finally take advantage of that and continued consumer dissatisfaction with Cable TV's options.

Also the main explainer video for Sollywood TV is half way there. We had to take a break away from it to focus on the stellar website that is being designed. We've got some amazing people now working with the project behind the scene and I look forward to introducing them all soon. I am very grateful. The explainer video will be done by November tops. If you haven't checked out an ending scene from it you can view it HERE.

We are also now in the process of putting together a crypto/blockchain team which is different from the development team that is focused on the marketplace. The crypto-team will be used to essentially plan on our own blockchain and hold a second crowd-sale BEFORE the KickStarter (which will still be geared specifically for mainstream American consumers and now happen sometime in  Q1 2017.)

Going this route will essentially guarantee our project can survive the turbulence of early blockchain development and potentially catapult us to where we need to be while our early believers and then current believers will be able to take advantage of whatever success we receive. Think SteemIt/Steem's beginning with staying power. Of course that all depends on adoption but that is exactly why we will ask for continued support. A private beta for the functionality of the Sollywood TV platform is being planned and will happen soon.

Details on the White Paper / Team / Crowdsale / KickStarter / Private Beta / Website / And other information to come. If you are at all interested in joining the crypto-blockchain side of this team go ahead and send me a PM. Thank you all for the patience. It takes time to make great things but we are well on our way. Any questions please write here or PM me. Thanks!


34
For our supporters. To keep you all updated this is a sample of the end sequence for the new up-coming explainer video covering the Sollywood TV platform.

https://youtu.be/flkxl2mCC_U

This video will be geared at mainstream consumers. We've stepped up the creativity for this explainer as it will be seen by many more average everyday people than our last (which was geared specifically towards the crypto-community.)

As one can see we are still diligently working and getting excited to present what we have to you all and the rest of the world! This is just an example. Tweaks might happen to the final output of this. And there are still many more hours that will have to be put in to complete this video. But we are loving every second of it!

As we get closer to launching our campaign to reach mainstream American consumers we want to thank all those who believed in this project from the very beginning. You all have made it possible to do what we are about to do over the next 6 months.

Greatness takes time but with your help we are achieving it in real time. None of this would be possible without your donations and early help. The recent success of platforms like Steem (which is also a Bitshares based blockchain project aimed at the mainstream) should give us all hope. For the last year and a half I've tried my best to explain that their type of success would happen when we touch people's lives with real utility. Nothing trumps real utility that changes people's lives today. As a person who actually believes that I am glad to see our Bitshare's founder Dan Larimer find success with those same principles.

Now... Its almost our turn.

#StayTuned #Hollywood #Sollywood #Bitshares #NewMoneyGainingSteem #NewMoneyProject #JoiningSteemSoon

35
Amazing... Dan and Ned are literally proving everything I have been trying to say for quite some time. Nothing and I MEAN NOTHING beats real utility for a mainstream audience... Getting excited  :D

Wow. This should not scare anyone in Bitshares. This should bring us all hope. It certainly brings me hope as New Money and Steem are very similar in principle. Different in technical implementation and audience. But similar where it matters. Bringing real utility to a mainstream audience TODAY. Not tomorrow. Today.

Guys Bitshares has birthed what I believe will be the new era of real utility. Steem is simply the beginning of this as a implementation of Bitshares tech. Or at least the mind that created Bitshares tech. But there is a vast audience to reach with different needs. Steem cannot do it all. There will be more platforms.

Now do you think Steem reached its height because it used the word graphene? Blockchain? Distributed Ledger? Or crypto-currency? No. It succeeding because you can get paid to do what you love. And its just like what you already know and love (Reddit). Its really that simple.

Yes there is a little market manipulation but does not matter to the average consumer who will surely be using this platform soon enough. Does that matter to people who are actually getting paid to do what is simple and intuitive already? Come on people dont make this harder than it is.

In the coming weeks as we get closer to finishing this new explainer video and website we will begin the mainstream consumer campaign to reach our mainstream audience with real utility. If you learn anything from what has happened in the last two months with Steem a project that literally started in this community. Its that do not ignore ideas and platforms that have a way to reach a real mainstream audience.

I am telling you that that is the next phase and era in the crypto-world and what Steem is doing is just the beginning. The era of blockchain is over. The era of Real Utility has just begun. Stay tuned  :)

#NewMoneyGainingSteem


36
@SolomonSollarsNSense

Hi mate,
Any update with the project? Do you have an estimation of time when it will be launched? What will happen to the remaining unsold solcerts tokens? will they be burned? On bitshares DEX it appears that people (including my self)  have sell orders below the 5 bts price that was the next tier and nobody is buying...on the contrary some people are selling for 1 bts..

Hello mf-tzo,

Thanks for the inquiry. We are currently working on the new explainer video for Sollywood TV which as explained in the final post will be the new focus in this KickStarter phase. You can check out the full plan moving forward here:

https://bitcointalk.org/index.php?topic=1433069.msg14857061#msg14857061

As promised SoLCerts will be locked up for at least six months. We will not be "dumping" on the market or anything of that sort. But they will not be burnt as they can be valuable if we are successful through the KickStarter phase. The developmental team for the MVP has already been chosen and they are based out of Chicago. Its Codal.

Finishing the MVP should begin at the end of June once contracts have been thoroughly reviewed. They will also be featured in the KickStarter video. As for trading I ask for patience. Nothing worth its salt in Crypto is an overnight success. This project is the same. We are not only doing development but also content creation.

With that said a time frame that could be honored at this point is not possible to predict. I will say though we will get through the KickStarter phase before the year is out. In the mean time hold on to your SoLCerts. The new explainer video and Website should be completed by July. That will be the foundation (marketing wise) of "starting" the campaign for consumers. Remember that is who this project's KickStarter phase is geared towards.

Hope this info helps.

37
General Discussion / Re: [Video] Intro to Bitshares
« on: June 06, 2016, 01:12:07 am »
You have an excellent voice for video and the scripts are well written. Nice to see others stepping up with content. Yeti mic always helps too  ;D Getting one next week. Good luck with the rest of your stuff.

38
Hey guys my development team is asking for access to the Bitshares source code and wallet code on Github. I gave them these links for the source code and wallet.

https://github.com/bitshares/bitshares-2-ui

https://github.com/cryptonomex/graphene-ui


But apparently they still need some type of access from us? Let me know whats up. Thanks.
They should directly fork Graphene and not Bitshares. https://github.com/cryptonomex/graphene

Thanks bro.

39
Hey guys my development team is asking for access to the Bitshares source code and wallet code on Github. I gave them these links for the source code and wallet.

https://github.com/bitshares/bitshares-2-ui

https://github.com/cryptonomex/graphene-ui


But apparently they still need some type of access from us? Let me know whats up. Thanks.


40

Don't forget to post it on Steem too.

Yes sir. Will do thanks  :)

41
Hello everyone. Phase 3 basics has been posted to BitcoinTalk. You can check it out here:

https://bitcointalk.org/index.php?topic=1433069.msg14857061#msg14857061

In the coming week a new moderated thread will be created for phase 3. Thanks to all who have participated so far. Your efforts will not go in vain. Time to move forward in a big way  ;)

42
NEW MONEY: SOLCERT ICO / SOLCERT BOUNTY CAMPAIGN IS NOW OFFICIALLY OVER

Thank you to everyone who participated. Phase 1 & 2 of this project (Pre-Sale and ICO) is now official over. In the coming days OpenLedger will begin the process of distributing SoLCerts to the various accounts who donated first. SoLCert Bounty participants will be the final recipients who receive SoLCerts based on their stakes.

Thank you to all who participated. In the coming days a detailed plan for Phase 3 will be posted and a new thread will be created for it. This thread unlike the last two will be moderated for staying on topic. I appreciate all who participated and helped get this project off the ground in a big way. Full details to come. Thanks.

43
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

I'm interested in hearing these answers too.  I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)

Crypto4Ever I'd like to see you try that. Start your own project called Gollars and Gents and see if people will buy into your ICO. I would like to see exactly what happens. Maybe you are just like me and can do exactly what I can do...

Or maybe not.

Everything in life is a mammoth undertaking. That's not new but it is the American way to take that risk and pursue it. And why we stand out from the rest of the world. I am honored that people donated to this project and believed in my ability. At the end that is what will make this project sink or swim.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.

(cross-posted from bitcointalk)

Nope, they have not. I have actually read, for better or worse, most of your blog posts about the project and it is mostly a marketing tool with very little information about the direction of your project. To say that my questions have been answered is disingenuous and the kind of answer you get from a developer who has no answers because they have no project.

Let's take these questions one by one, so it's not as overwhelming. We should start with the simplest and maybe most important question. If you don't have an answer to this, you don't have any way to provide a return to your backers.

Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?

I'll give you two examples to illustrate the problem:

1) Louis CK has a series online called Horace and Pete available for sale through PayPal or Bitcoin. This is a centralized model for selling content that exists right now without Sollywood. What can you offer him in return for the 10-20% fee you propose to take? Why would he, as content creator, provide his content through you?

2) Ujo Music is a decentralized service (a work in progress) that allows direct payments and content distribution between artists and customers without the need for centralized hosting or payment architectures. It will hopefully lead to a sophisticated micropayment system that works behind the scenes, so to speak, so that customers are charged only for the content they consume but without the burden of actively purchasing every piece of content themselves. This will most likely lead to services for other forms of media. THIS is the real "new apple" route that you keep trying to align yourself with. So, again, why would anyone use a service that takes a 10-20% fee when they have this option?

Anyone can sale what they have on their own. Quit easy these days with the internet. But people still flock to pawn shop and auction. Why? Because they have a larger audience then anyone individual could ever have. That why artist will pay an expert a % of their earnings. Artist are experts at making movies. And platform (Netflix, Hulu, YouTube, HBO, Sollywoodtv?) are experts at getting an audience. Win win!

 +5% +5% +5%

44
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with @Vizzini.  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.

Particle I feel I owe you a response since you actually took the time to understand the opportunity EVEN if everything was not crystal clear. Thank you for that.

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?

Yes we will look to have adjustible/flexible pricing (Uber SURGE  :P) eventually as that algorithm/automation would take care of scaling the product to a platform and also scaling the content creator acquisition process that will be needed should things really pick up. BUT this will not be done for the MVP. Its simply not necessary. We can simply manually price content at a given lower price point (x) and manually adjust it if need be. The automation of this is in the pipeline as a feature.

Yes you are right. Big box distributors (as I mentioned countless times in many of the videos) will not work with certain content creators simply because it does not fit their business model. They cannot make any money off of them. These type of content creators that are being ignored come with their own audience that would surely adopt this currency as you stated because of price optimization which is the key to our platform and also changing the Cable industry.

Consumers only have so much time in a day. And who ever is giving them content at the right price is who will win in the end.

It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers...

Seems you are picking up fast. Just don't start your own currency. Support mine!  ;D

I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages

Yes eventually... But this will be highly strategic in the beginning. Our adoption will depend on it. We cannot start as an open platform for everything as that will most likely taint our image in the same way it has done Streamium/WatchMyBit and others in the space. We want to be known as the Final Nail in Cable TV's coffin. To garner and keep that image will take more marketing than programming. I explained my thought briefly with Thom HERE

One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).

Man I beg you don't start your own currency. :D Nice abbreviations by the way.

I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.


You and me both sir  :D Just aaaaaaaaallllll the possibilities. The rabbit hole of revenue models goes DEEP. Its new money we are talking here. But again we have to be strategic. Not get ahead of ourselves as that is the typical crypto thing to do. Just crank out feature after feature without an audience or other important considerations being prioritized.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).


The short and immediate answer is SoLCerts. Long term if people are US investors we will be raising traditional rounds for Sollywood TV as a start up (similar to PeerTracks). But the ultimate long term value is Sollars and Sense as its own blockchain which it will be and based on Bitshares open-sourced code. And SoLCert holders will get first dibs on Sollars that launch with that blockchain.

The next answer is yes the KickStarter as that will reveal more of the roadmap/MVP/Device strategy.

And Sollywood TV is a business on a blockchain so yes we are centralized but Bitshares (which is what we are building on) is not. This has always been the case and is not some new development. Again it was explained clearly in the SoLCert series.

We can have a debate all day about what is best for technical architecture but since we are pursuing Agile development with the MVP things can be accommodated if necessary.

The marketing of Decentralization has failed. Its useless and does nothing for the consumer. Experience is still king and that is what we will focus on when reaching mainstream consumers. Not some programmers fantasy of technology selling itself.

What is most important right now is reaching our target demographic with a story they can connect with. Before I was in computer science/crypto-currency I was a filmmaker for 12 years. Hopefully my skills and nickname have done me well. I am one of those content creators who needed a platform like what I am trying to start with this project. It is what got me into all of this in the first place. And I know many others who would kill to be able to price and make a living off what they have created. And actually make above 50% of what comes in. Let alone 80-90%

Truth is Bitshares future is bright. Its got three projects now that are aimed squarely at a mainstream audience. And I wish Steem and PeerPlay all the best. At the end of the day its these types of businesses along with Sollywood TV that are going to bring mainstream adoption to this technology.

Yes there is competition. But who cares. Lets see where everyone is at in 5 years.


45
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

My two cents on 4).
Hip Hop,  an underground urban movement, develop in the South Bronx in New York City in the 1970's, became globally widespread in the late 1980s and by the 2000s became the most listened-to musical genre in the world (according to Spotify). It has now diversified into a global juggernaut with multi-million dollar tentacles into other music genres, the fashion industry, movies, gaming, advertising, etc.  Who would have ever believed it all started in the 'hood from humble ultra-low budget verbose expressions of street life?

The Hollywood movie and television industries' control and rigidity is just so outdated.  Unless you're totally into cookie cutter movies, fake reality shows, computer scripted news and sportscasts, etc.

I think you are oversimplifying the spread of hip hop in your analogy. I would argue that hip hop became popular in large part because it tapped into a kind of authenticity (the real world, on real streets, real life etc) that wasn't present in the music industry at the time. It continues to thrive on the sale of authenticity (whether real or imagined at this point is arguable).

However, that kind of "realness" is currently alive and well in the DIY film world and has been successfully coopted by Hollywood and TV producers long ago. I disagree that Hollywood / big TV producers only make crap. Sure, there's a lot of crap, a majority of crap even, but there are also some genuinely great films and shows that carry the industry. My point is that a show like The Wire (as an example of coopted "realness" that actually ends up being great - in the same way that a rapper like Kendrick Lamar can be coopted but also great) can't happen on a low budget. So, somewhere people with millions of dollars need to step in and say that they want to sell their product differently. The question is, why would they? I haven't seen a good explanation of how that is supposed to happen through Solomon's plan.

More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

It's one thing to say, "yeah, disrupt Hollywood!" and another to actually be able to do it. As far as I can tell, Solomon doesn't know anything about blockchain tech and he has explicitly said that a blockchain is not what supports this project - it is just an add-on to come later (??). To me that suggests that he is indeed trying to "ride the wave" but in name only as a way to extract money from people in this space, without giving back any of the empowering benefits of the blockchain.

It sounds like he's just proposing another centralized hosting platform. . . which adds nothing to the ecosystem and is unlikely to provide a return to his current or prospective supporters.


@dancingpenquins, very inciteful post. Thanks.

The 'New Money Project Intro Hangout' youtube video defines Sollywood T.V. w/ SollarsNSense thusly:
"..is essentially a new online market place for content and content services with its own digital currency built-in [the] pricing."

The video suggests that content creators can adjust (dynamically?) their price to more aggressively create and/or match consumer demand.  Something big-box distributors (Netflix, cable, etc.) are unable or unwilling to do?
It suggests the greatest benefit to new and unknown content creators.  Pricing optimization (w/ low overhead) to attract a much wider viewership.  Throw in digital currency for the billions of 'unbanked' consumers.
I will assume the SollarsNSense service provider will allow users to create and manage their own personal content packages.
One differenitiator appears to be that with STV a first time moviemaker or videographer could create a some novel, short, quirky content (quirky today, mainstream hot tomorrow) and sell to millions with STV w/ SNS pricing management structure(s).
I can imagine a lot of ways in which such a flexible platform can quickly capture and capitalize on new and unique content attractions.
I would like to create a short with twenty different endings played randomly with each viewing.

So the question is, "How do I, as an investor, profit from this 'next level' content distribution/services model?"

Maybe the Kickstarter campaign will shed more light.

I would think that some component of this venture would have to be centralized (think Peertracks hosting server).

I agree with @Vizzini.  This is a mammoth undertaking.  A grand experiment, have you.  Isn't this what the cryptospace is all about?  No matter how well staffed you are the cryptograveyard will still overflow.  Much success to Sollywood.

BTW, great observation on hip hop.  Hip hop also came along at a time when music technology was taking a quantum leap and becoming a lot less expensive.  Sometimes an order of magnitude less expensive ($8K hardware reverbs to software freeverbs, samplers, drum machines, studio on a laptop, etc.).
BTW, I never said "...Hollywood / big TV producers only make crap."  Please don't misquote misunderstand me.

Wow ParticleWave... Are you sure I meant all of that? You sure Im not just an incompetent blowhard that's out to scam everyone? Surely I could not have meant all of that. Surely you've got the wrong guy  ::)

Thank you sir for truly understanding what we are doing here. I could not have said it any better  :D Full technical update on MVP coming very soon. Stay tuned.

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