If you need any assistance with marketing, please don't hesitate to contact CNX about it. The whole purpose of Cryptonomex International is to have a means of coordinating exactly those efforts, however, focusing on the CNX AND BTS side of things, not merely on BTS.

What's the best way to contact? I'd rather do it here on the forum so that everybody else can keep up what's happening. So far very little results.

I think, BitShares needs to figure out a way to have someone take "the lead" without giving the impression to dictate things. CNX tried to play that role and people complained. Now they are not longer taking that role and no one else stands up to take the lead .. yet ..

I think we have seen already enough and can say that Bytemaster/Cryptonomex-haters were just full of bullshit and we don't need to take them seriously. If Cryptonomex has any resources for marketing, they can take more responsibility for it. It has been clearly too early to let Bitshares handle it's own marketing in a decentralized way – it doesn't work because there is no accumulated knowledge how to do it.

Without talking bad about other projects, this is exactly what I don't like about Ethereum (among other things) .. They claim to be a decentralized network and still consensys defined and decides almost everything on its own. They seem to be quite successful with that approach though ..

Usually centralized way is more effective. Decentralization is not a panacea that will make everything better. It's great at increasing resilience and antifragility of a system, but it has also costs.

Would there be anyone interested in running a marketing campaign?
We could create a committee-owned account for referrals and then pay a marketeer via worker.
If he succeeds we get the referrals and if he doesn't manage to bring in a certain number of new users every month (including nr transaction generated by them), we could simply fire him.

Let's just try simple things first, like I'm doing in this topic. I'm going to start a marketing campaign with my own resources, and everybody is welcome to join me.

I'll focus on high quality early adopters. People who will get really excited about Bitshares and want to do something for it, like development or marketing. Or at least they'll see BTS as a good long term investment. This does not necessarily manifest as hundreds of new accounts, at least in the short term. We don't need people to open account and forget it after two days because they didn't see anything interesting. We need people who understand how great and powerful system Bitshares is and are willing to do something for it.

Other people can focus on other groups, like traders.

If somebody doesn't want to do anything, that's ok.

But we still need a little bit of cooperation:
- Decide what we are campaigning for (in this case: 2.1 with stealth and free transactions)
- Know when it will happen (when the hardforks are coming?)

Currently the Committee has set the Blockchain parameter for 1.5BTS  to be paid to the witness producing a block. Therefore, with 3 second block interval, the maximum hourly payment from the Reserve Pool to the Active Witnesses is 1800BTS. The amount a given witness will receive during that hour considers the total witnesses and successful block production.

Yeah, thanks, this is something how I remembered it works. The text at Cryptofresh was just a little bit misleading.

Let's make a calculation to see if I've understood everything right...

There is currently 23 witnesses, so pay per hour for one witness is 1800/23=78.26 BTS
Per day: 1800/23*24=1878.26 BTS
Per month: 1800/23*24*30=56347.82 BTS
With current price ($0.004335) that makes about 245 USD per month.

1) USD/BTS + CNY/BTS = USD/CNY
2) USD/BTS + EUR/BTS = USD/EUR
3) BTC/USD + BTS/USD = BTC/USD
4) BTC/CNY + BTS/CNY = BTC/CNY

the first 2 or the last 2?
if we use USD/BTS for USD/CNY as the first case and for BTC/USD as the third case, wouldn't we be messing things up?
We should decide what Synthetic order books to create/combined order books
I think it's best if we first know what Combined Order Books we need the most, and from there build the Synthetic Order Books as seen on the picture
So I would guess the last two markets (BTC/USD and BTC/CNY) make more sense for the general trading population, meaning we should get BTC/USD + BTS/USD and join them creating a Synthetic Order Book (BTC/USD) which we would then merge with the Direct Order Book BTC/USD and do the same for CNY

+

Bitcoin Side Chain

=

Combo Break!

I'd go for the first two. If we are going to make a Bitcoin sidechain, that will lead to diminishing demand for bitBTC so it doesn't make much sense to invest on that. And on the other hand, fiat-pegged currencies on the blockchain are one of our biggest strengths and they should be supported always when possible.

This thread is to discuss the possibility of derivative assets such as USD, CNY and GOLD backed by Real BTC, ETH, DOGE, LTC, etc. in a way that is completely decentralized.

How would we go about this?

This has never been done before, as far as I know. It could end up bringing more awareness to our amazing innovation - bitAssets - that IMO has received far too little attention to date.

Are there any other benefits besides awareness? I think that BTS is best asset to back smartcoins. If sidechain-BTC is used, there is no additional benefit, but there is always some risk from reliability of sidechain implementation. BTS doesn't have that kind of risk.

I opened a discussion on their forum but it didn't recieve any comments: https://forum.z.cash/t/why-a-bitcoin-clone-and-not-a-dac/340

We now need a consistent campaign that drives it home to current and past users for the next month or two if you want to see any serious results out of it.

I'm afraid that this is again a missed opportunity for marketing efforts. Marketing plans should have been ready to be executed when the changes took effect.

If you show our GUI to anyone and ask them what it is. They will reply 'That looks like an exchange" because the core product of bitshares right now is an exchange.

That's because current wallet includes everything that Bitshares can do. But it doesn't mean that it will stay that way, it's likely that there will be different wallet for different use cases. We should be focusing on the message what Bitshares is meant to be in the future, not what it looks like now.

Anyone whos into bitcoin knows what the word decentralised implies.

No, they really don't know. There are lots of people who are talking about decentralization without thinking what it really means and what are good (and bad) ways to implement it. I'd really like Bitshares to be exception, we should have clear explanations on intellectual level and not only talk decentralization because everybody else does it.

Our other features are only special when you add "on a decentralised exchange"

Anyone can issue their own assets  on a decentralised exchange
You can  make stealth transactions on a decentralised exchange
You have fiat pegged smartcoins     on a decetralised exchange
Prediction markets the live                on a decentralised exchange

But what if you are not a trader? For a trader this tells that there are lots of stuff to be traded. But if you are an average person, this might scare you away because you are not interested in trading all these assets.

Bitshares needs to attract 2 types of people. Investors and Users

Investors
We need to attract people who like me saw BTS as a good investment. Not day traders trying to make a quick buck.
We need them to increase the price of BTS market cap which benefits all aspects of the bitshares system.

Users
These are people who want to use the exchange but not necessarily buy BTS. This will grow our network effect and therefore our marketcap.
I would say there are 2 types of users.
Asset creators like Maker or BANX. (the most important)
And normal traders looking to trade.

How would you do the marketing for these types? What is the value proposition? If you want investors, what kind of reasons would you give to them to make them interested in investing? If you want users, how you would get them to use Bitshares? Especially traders.

Reason why I'm asking these questions is that I don't feel very confident to market Bitshares to traders. They seem to be very difficult market segment.

These are good times to emphasize that Bitshares has already solved the two biggest problems of Bitcoin. We can scale upwards without any problems for a long time, and we have the most advanced governance model that will guarantee that also all other problems can be solved effectively.