Quote from: dancingpenguins on May 01, 2016, 07:31:26 pm

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The Hollywood movie and television industries' control and rigidity is just so outdated.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.  More power to grain cutters like Sollywood.  Amateur productions riding the blockchain wave will lead the revolution.

  Wisdom. Thanks for it 

Quote from: SolomonSollarsNSense on May 02, 2016, 02:20:31 am

Read the description on the video. It is an old video made at the end of 2014 when I believed a White Paper mattered.

I see.  The publish date of the video says "Published on Apr 21, 2016", my mistake.

I personally only heard about this in the last 2 days.  (Some how I miss these ICO opportunities until after they've begun).

I will continue to follow your progress. Good luck.

Thank you sir. I am extremely busy putting things together for the next phase of this project (which is the most important phase) so I apologize if my answers are not super in depth.

I just don't know who is genuinely interested and who just wants to say how this will fail 

I thank you for your interest in this project and hope to garner your further support in the coming days and weeks. This is a long term project so I just ask for your patience. More info will be generated as time goes on including an in depth road map. Technical partnerships for the MVP and Kickstarter vid and so on and so forth. Best regards 
 

Quote from: dancingpenguins on May 01, 2016, 07:31:26 pm

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.

 

Hi Solomon,

How goes the ICO?  I haven't been able to find a recent update on bitcointalk or bitsharestalk.

Cheers,

Ben.

Hey Ben!

Just actually gave one on BitcoinTalk. Check it out: https://bitcointalk.org/index.php?topic=1433069.msg14695748#msg14695748

Can anyone verify that they are getting the same view count I am getting for the New Money explainer vid? Its at 4300

https://www.youtube.com/watch?v=IjqUQtuLUAk

If this is correct it seems that we have gotten 2000+ views in the last 48 hours 

Might be going viral right now. We plan to turn that YouTube channel into a Crypto/Mainstream powerhouse channel. So this is a good start.

@Stan I like the ideas being discussed here. I wish I wasn't so busy at the moment. Keep up the good work I'll try to add some thoughts later in the week. Cheers!

BOUNTY CAMPAIGN UPDATE:

Happy to announce we've got some awesome signatures made for our Bounty campaign that will begin this week! And we are ready to go! Was created by a Bitshares member too which means even more to me. You see this is what we need more of. Helping each other out instead of bringing each other down.

Instead of everything new being a scam or made to fail or being incompetent ran by stupid people, which is clearly not the case, lets see the good in each other and our potential. No one can make it alone and too many people rely on this being the case when it never has been. I've warned since last year that the Bitshares community needs more than one rockstar and its starting to happen.

This transition is not easy for some but it is necessary and is taking place because we operate in a free market. I know its scary but it forces us to look at what we have not wanted to for so long. Its healthy for the long term vitality of what we are trying to achieve.

Anyways I would love to see Bitshares community members step up for this Bounty campaign over at BitcoinTalk where it will launch. It will be announced here too. Stay tuned!

#PoweredByBitshares #NewMoney

Hello Ronny,

My email made it this time using your correct email address, ronny@ccedk.com.

The incorrect email address,  ronny@ccdek.com was posted in the below link:

https://cryptocointalk.com/topic/46136-ann-new-money-the-itunes-of-blockchain-solcert-ico/

Ok, thanks for your help and it is a good feeling to know that I was not scammed.

Have a great day,

Martin

Sir thank you for your interest in the New Money project. I sincerely apologize for the inconvenience. I know the feeling of being scammed. No one wants to feel that.

I can assure you this is a legitimate project and we have some wonderful announcements coming in the next week including our full bounty list 

Stay tuned! And welcome aboard!