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General Discussion / Re: On a mission to get more links and buzz
« on: August 12, 2014, 06:26:48 pm »
thanks gentso
i will pm you when its done.
i will pm you when its done.
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I'm not sure people understand how monumental 3) is.
So, here is the design I had in mind, when contemplating an alternative to BitShares X.
Let's say the unit is U for simplicity.
BTC -> U cross-chain conversion is allowed in the chain itself through smart contracts. Not like XCP or MSC, but delegates/smart oracles would ensure proper conversion between BTC and U.
Then from U you have ability to convert to v.USD (which is your BitUSD). I'll just use BitUSD since it's more familiar with the audience.
Huge difference here is that, instead of expecting a market depth to get created, market feeds are used to let the DAC itself issue BitUSD by destroying U.
When user wants to liquidate BitUSD, it gets converted back to U, but that's done by the DAC itself, which provides LIQUIDITY!
It does it with 2% around the median market feed, so it still allows for people to bet within the spread, but if some heavy buy or sell comes in, it can not spook the market.
Value of unit U: Why hold it at all? Well it receives dividents from all the trades. (similar to BTSX)
Major difference between my design and 3) is that the DAC itself provides liquidity. While BTSX expects the market to provide that.
UPDATE: although 3) is a step in that direction (DAC providing liquidity)
I think share drops via facebook are great and so are faucets but we need to find cost effective ways to get people excited about WE are doing. Does anyone feel like there is a buzz around Nxt,XMR,Ether, heck even the Stellar thread on bitcointalk is 45 pages. While we post (hit about 5 pages )about exciting things and no one seems to care but us........Charles, Dan, and Stan should work together along with Brian to devise a effective marketing plan. When I look at Stellar's launch a week ago, I believe Bitshares could learn from its launch. Do you guys agree? Let me know your thoughts.
Hadn't heard of Stellar. Wouldn't touch it with a barge pole myself. Huge Sharedrops, which so far have only crashed coins, and often seem to be a mechanism to reward devs while trying to appear fair, such as NEM, even sceptical of some others...
This is probably the funniest thing I've read in a while -QuoteThe Foundation received a loan of $3,000,000 from Stripe which was subsequently repaid with 2% of the stellars. The Foundation is allowed to use up to 5% of the initial stellars to fund operations (including the loan repayment).
That would mean Stripe needs Stellar to be worth $150 000 000 just to break even? Like hell they made that initial investment on those terms imo.
The Stellar share drop via Facebook was a great way to market. The clean interface and straight forward signup process gave ordinary people the opportunity to obtain the new currency. As a result, many people outside of the crypto community now has Stellar. I don't think we can say the same for Bitshares. See the Stellar statshttps://www.stellar.org/stats/. I just hope we can borrow some aspects from this project and leverage them to our benefit.
I just want BitShares to succeed and adoption is critical to accomplish this end.
I don't think the issue is with our technology it's with the fact that
a.pts/ags make it simple
b.forum is a mess (we all know it), even if we get them to come they can't find any information quickly
c.Marketing???
d.Image
he is NOT stepping down.. just not taking sallery from i3
Ok. Great. Maybe now that he isn't getting paid, marketing productivity will increase. /s
Come on dudes -- what's up here? .. Brian isn't out of BitShares! He's optimizing workflow to help on more stages IMO!
I've noticed same a few weeks before... When working for III as an employee then it isn't possible to help other DACs devs on startup their companies.
So i've decided to work as a Contractor. (max flexibility). Guessing Brian noticed same issues and also wants to help on more hot spots!
my 2 BTSXHe is moving from employee to independent entrepreneur with the same task but powerful new incentives and capabilities.
please correct me if Im wrong, wasn't the whole point of I3's existence and the AGS fund to "bootstrap" the DAC sector?
No offense, but the Marketing Director hasn't done much in terms of marketing and now that he is stepping down at a critical time like this, just seems odd and suspect. I am pretty sure people called for his resignation and he refused only to leave during critical times?
You guys should seriously consider moving in a different direction with your marketing. This is a golden opportunity to have that conversation. Why don't you involve the community you currently have and come up with a stronger marketing plan.
This is pretty cool. Maybe email Brian directly as he may not be checking the forum.