This is a fantastic idea, well done.

Are they any pool projects we can reuse to make this happen faster?

Maybe a PTS bounty should be allocated to speed this up.

People here are looking for ideas for new DACs, so here is a rough idea that I had to reuse the BTS X exchange system.

Imagine you have a decentralized multiplayer game implemented in a blockchain, for example a minecraft type game. There are different assets that you can use in the game world, such as wood, stone, water etc (I havent played it that much).

The beauty of the BTS exchange is that it allows assets to come into existence when buyer prices are matched with the shorts. The BTS exchange could be reused here to provide assets for use in the game. Players can decide how much of the shares they want to trade to get BitWood, BitStone etc. The more skilled they are with the game mechanics, the better they know what each asset is worth.

The only thing left to figure out is the game mechanics that would incentivize players to buy the assets. The assets need to provide usefulness in the game in terms of protecting the player against loss. In the minecraft world, the player needs to protect himself against the monsters roaming around, so he needs to build a house, needing BitWood & BitStone. Anyone here have any ideas for better game mechanics?

Building up your wealth in game assets by trading on a BTS X chain would be really fun

Here is what I think a market maker bot needs:

-Pull the real prices in e.g. from Yahoo finance (see my script)
-User can control the spread size he wants to offer around the real price. Lower spread is more competitive but more risky for market maker.
-Another spread value to set is around the value of BTS itself - different people could interpret that from different exchanges.
-Control what to do when an bid/ask order was transmitted that is now too generous given the new real price of the asset. e.g. The market maker bot could cancel the order (for another transaction fee) and replace at the new correct price.

Is it so complicated!

I agree.

The name "BitUSD" is like a brandname - it is instantly meaningful as a crypto with a stable pegged value. I think its important not to dilute that.

Also, I have been thinking about what Dan said about launching new chain versions. He said that when a new Bitshares X version's chain is launched, all share holders will be copied over into the genesis block of the new chain, but all BitAssets will not. That means there would be a race to sell your assets for shares, leading to the peg probably breaking down.

If anyone doesnt want to use any tools, you can just search for your address manually in
https://raw.github.com/betaxx/BTSXBalance/master/genesis.json

Edit: although it doesn't include AGS from PTS donations.

tip sent, appreciate your efforts 

Thank you very much

Bytemaster yes as soon as the network is running and my wallet can pull in some order book data, an average from all the assets will be a good way to calculate the price of BTS. That will save me from having to get it from Cryptsy or somewhere.

Dan and Gregory just completed a nice new video on this very subject.
It should be out Real Soon Now.

Where can we watch Dan's other videos? IIRC there was supposed to be a blog post from Dan out on Monday.

AGS gives you BTS automatically when the software is released. Your BTC address used to donate for AGS is the same address encoded in the BTS genesis block.

In other words, there is no "transferring" - you simply reuse your same addresses in the new chain, and it doesnt cost you anything.

Its pretty stress free IMHO.