Author Topic: [Worker Proposal] - A bounty based smartcoin marketing campaign  (Read 43096 times)

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Offline Thul3

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I'm pretty sure you got no reply as they considered them not worth getting listed for a bounty because of the negative feedback here.So more it surprises me they approved the shit exchange biki.com .Even sistemkoin is far better than biki .

It has a reason why this operation has been done not in public but was announced after the deal was closed.


Thats also why schiessl posted this question if i understood him right

Quote
The description of that worker is quite clear when bounty payments should happen.


Jademont again left a bad taste like before where he approved all proposals from the OMO fund blindly.


Quote
I checked on-chain, the payout of that has already happen. The description of that worker is quite clear when bounty payments should happen.

@ripplexiaoshan and at all committee members: Can you please comment on that?
« Last Edit: March 20, 2019, 09:44:45 pm by Thul3 »

Offline matle85

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7\ Get funded from account "smartcoin-marketing". This account is multisignatured by the committee.(two days)

I checked on-chain, the payout of that has already happen. The description of that worker is quite clear when bounty payments should happen.

@ripplexiaoshan and at all committee members: Can you please comment on that?

Appreciate you taking a look at this as it really doesn't feel right to me - I put some pretty serious time in getting listing agreements in place and really I met the criteria 4 times over but got nothing back from anyone in the Committee/Foundation so it is really surprising to hear there has been a payout to someone else for an exchange that doesn't meet the basic criteria.

Offline matle85

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I have applied 436,406 BTS from smartcoin-marketing for the whole bitCNY&BTS listing work on biki.com. This fund includes the listing fee and bounty reward. Due to NDA with biki.com, the exact number can not be disclosed publicly, but I have shared it within the committee group, and you can estimate it through the total amount.

Other than the listing fee, the rest is used to reward the lobbyists, including @guoan(founder of "BTS 100 cities 100 shops plan", main contributor), gbac(Linda, Jademont, organizer and coordinator). Also, possible transaction fee for providing liquidity at the first month and marketing fee are also included.

By 'applied' do you mean requested? I can't see Biki on CMC.

I have listing options in top 50 but there is no clarity on how funds are applied for. I've messaged Bitcrab but no response.

Please excuse my English.


Here is the summary of my working flow with biki.com:

1\Guoan introduced this exchange to me, I did some basic research about its reputation, trading volume, rank, etc...(one-two weeks)

2\Then we contacted the exchange to get more details, including listing fee and conditions.(one week)

3\ Then we prepared and submitted the application form to the exchange, after the exchange confirmed, I asked for the comments from community and committee. (one week)

4\We then prepared the listing agreement(in English), and then contacted BitShares Foundation (one week)

5\ After the Foundation revised and confirmed the final agreement, get it back to the exchange. (two weeks)

6\ Both the Foundation and exchange signed the agreement.(One week)

7\ Get funded from account "smartcoin-marketing". This account is multisignatured by the committee.(two days)

8\Pay listing fee to the exchange, and help them with technical issues and marketing.(one week)

9\ Announce it to the community

Thanks Ripple. Appreciate you laying it out clearly - can you private message me the address you used for the Committee/Foundation?

I have to admit guys I'm pretty disappointed by this. I arranged listing within a few weeks of this going live and communicated to the Committee the following options:
- IDCM Listing
- Exrates Listing
- Hotbit Listing
- LATOKEN listing


All of these were sent through to the Committee and the Foundation with no response received. All of these are Top 50 and I submitted them for consideration with draft agreements. I don't mind people saying this exchange is not good or that exchange is not good but all of these were willing to list bitCNY, bitUSD and BTS.

What am I doing wrong here? I think I fulfilled the requirements of the worker so I am a bit disappointed a payout has been made for a listing that doesnt meet the stated requirement.

NOTE: Listings are good and I think we need more, I don't know about Biki.com and am not saying it is a rubbish exchange. I am also not saying I wanted listing on all four exchanges I provided I just don't understand what I am meant to do to actually move things forward as it feels like I wasted a lot of time getting these draft agreements just to be ignored.

Offline Thul3

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USDT/ETH   in a period of 30 minutes (i observed the order book and there were no big moves at all.Biggest buy order 15 ETH and biggest sell order 19 ETH which haven't been touched) .Of course mainly bot trading

20:04:32138.2100 61.5122
20:04:04138.1700 106.5481
20:03:48138.2300 0.0946
20:03:47138.2400 64.3383
20:03:14138.2100 85.8564
20:03:02138.2000 49.0597
20:02:46138.2600 53.4655
20:01:48138.3300 113.5524
20:01:03138.2900 124.3677
20:00:45138.3300 120.7466
19:59:34138.2700 60.8684
19:59:18138.2900 27.3797
19:59:06138.2900 43.2923
19:58:13138.2600 35.9191
19:58:01138.2500 78.7995
19:57:47138.2700 44.9492
19:57:31138.2500 117.1724
19:57:18138.2400 93.5181
19:57:02138.2200 97.0084
19:56:11138.3000 35.2430
19:55:35138.2600 116.3738
19:54:52138.2500 102.1820
19:54:41138.2200 57.2978
19:54:29138.2600 53.8762
19:54:18138.2500 72.6464
19:54:01138.2400 45.6504
19:53:39138.2700 65.6206
19:53:21138.2700 52.1590
19:52:49138.2900 108.4286
19:51:49138.3600 80.1133
19:51:28138.2200 32.0317
19:50:33138.2500 80.1686
19:50:14138.2300 109.6742
19:49:42138.2500 62.6069
19:49:26138.2300 0.0216
19:49:21138.2300 0.0052
19:49:15138.2300 0.0052
19:49:11138.2500 1.3238
19:49:08138.1500 57.3643
19:49:05138.2500 3.7508
19:49:05138.2500 0.0620
19:49:01138.2500 0.0036
19:48:55138.2500 0.4804
19:48:31138.2000 76.2853
19:48:20138.2900 59.0933
19:47:45138.2400 66.2795
19:47:09138.2700 71.1553
19:46:43138.2700 44.4740
19:46:25138.2500 73.6522
19:45:46138.2700 30.2737
19:45:35138.2800 42.5866
19:44:34138.3000 79.4212
19:43:35138.3000 116.0511
19:42:51138.3200 73.9433
19:42:05138.3100 39.4121
19:41:33138.3100 37.7635
19:40:37138.3200 56.6884
19:39:51138.2800 43.5472
19:39:12138.2700 117.4474
19:38:55138.3200 78.4195


Realistic volume in USDT pair 5 ETH in 30 minutes in a good trading time zone.

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1\Guoan introduced this exchange to me, I did some basic research about its reputation, trading volume, rank, etc...(one-two weeks)

It took you 2 weeks to not see the bad reputation the exchange has or the 99,5% wash trading or that it has no user base at all ?
« Last Edit: March 20, 2019, 12:27:57 pm by Thul3 »

Offline JohnR

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Transfer on-chain confirmed. Committee proposed tx. -signed-

7\ Get funded from account "smartcoin-marketing". This account is multisignatured by the committee.(two days)

I checked on-chain, the payout of that has already happen. The description of that worker is quite clear when bounty payments should happen.

@ripplexiaoshan and at all committee members: Can you please comment on that?

Offline Thul3

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bikis medium page 3/4 year old 3 followers
https://medium.com/@bikicoin

bikis twitter 3/4 year old 35 followers
https://twitter.com/bikicoin


How many accounts do they claim they have ?500k ?

This is so obvious

It takes a 10 minutes research to see that exchange has no real users.
Even the traffic sources of that websites indicates this is bought traffic to increase the websites ranking.


Quote
proposal create   2019/03/16
Proposal to move funds to smartcoin-marketing for this have been already being done before even mentioning that exchange in public.
Posting the name of that exchange after making sure to get funds is so shady.

I'm once again disappointed with the commitee's work .


« Last Edit: March 20, 2019, 12:03:09 pm by Thul3 »

Offline Thul3

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Once again the community has been excluded to voice their opinion on the proposed exchange even the worker clearly said it needs to be posted public before a request of funds can be made.

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People who want to work as lobbyists need to comment on the work proposal thread and leave the information of bts account, email and which exchanges he/she want to lobby, if finally the exchange open smartcoin market, the lobbyist need to provide evidence that it’s his/her work that make things happen.


Its a waste of BTS which will bring only wash trading and nothing more.
I'm tired of always these smart scammy moves to reach personal goals.
« Last Edit: March 20, 2019, 11:00:34 am by Thul3 »

Offline sschiessl

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7\ Get funded from account "smartcoin-marketing". This account is multisignatured by the committee.(two days)

I checked on-chain, the payout of that has already happen. The description of that worker is quite clear when bounty payments should happen.

@ripplexiaoshan and at all committee members: Can you please comment on that?

Offline Thul3

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What are your goals for bitcny and bts on that exchange in real volume ?

I really would like to know your estaminates about real volume for these 2 assets.

The exchange has no big liquidity at all.

On USDT/BTC pair all sell orders from $4000-$8000 are just 29 BTC.You can see its mainly bot driven
Buy orders from $4000-3900 its 40 BTC .
When being 10 minutes on that exchange i see that on USDT/BTC pair 99% is wash trading executing big volume orders in the 5BTC-8BTC per order range which is obviously fake.
Real orders there are very rare and very small like 0.05


Here the last 20 minute log with bold executed orders which seems only be realistic


Time Price(USDT) Volume(BTC)

18:23:484012.8931 6.6547
18:23:214010.3008 5.2069
18:22:564009.0957 4.5302
18:22:074005.7581 7.5782
18:21:504005.7581 6.1047
18:20:514006.0700 6.3872
18:20:404004.0873 7.7281
18:20:354005.0000 0.0500
18:20:244004.0873 5.7697
18:20:104001.5439 7.6827
18:19:543999.9238 3.2035
18:19:113998.7102 3.6585
18:18:573998.7102 5.6572
18:18:053995.8750 4.0254
18:17:353995.8750 4.6604
18:17:033996.6858 6.3609
18:16:223997.1489 4.7986
18:16:103997.1489 4.8466
18:15:483997.3025 7.1762
18:15:243998.4055 7.5442
18:15:073999.5151 7.3729
18:14:273999.4827 4.0464
18:14:143999.2146 7.4504
18:13:563997.8059 3.6563
18:13:343995.9951 3.8693
18:12:443998.5964 6.3167
18:12:264000.2634 6.5765
18:11:473998.0495 0.0049
18:11:384000.1807 4.0782
18:11:084000.5632 6.5956
18:10:233998.7417 3.3500
18:09:563998.7356 4.3328
18:09:303999.0237 0.0045
18:09:253999.0237 0.0053
18:09:224000.8300 7.6915
18:09:104000.8300 6.5098
18:08:183997.8902 4.8382
18:08:083998.0177 3.5078
18:07:523997.5608 4.0335
18:07:233999.0237 7.4599
18:07:093998.1604 5.7007
18:06:583996.6177 4.2786
18:06:313993.7920 5.0441
18:05:453992.3430 3.7592
18:05:013995.7616 4.6475
18:04:403998.7961 4.2808
18:04:223998.7961 6.6803
18:03:474000.0361 4.5946
18:02:494002.4866 6.4941
18:02:244000.8700 5.6774
18:02:133998.0206 7.2469

Why are the big orders not realistic ?Because there are no big buy or sell orders near real time price.

Since the real volume of USDT/BTC pair is there already so low what volume do you expect to get for bitcny or bts ?
I thought its about real liquidity and not fake volume.


Also on your ranking website https://www.feixiaohao.com/exchange/ biki has a very low rating compared to any other legit exchange


Quote
If you call biki.com shit exchange, hitbtc is absolutely more worthy of this name,
HitBTC has a nightmare support there is no question about it but the diffrence between HitBTC and Biki is that HitBTC has real liquidity
« Last Edit: March 20, 2019, 11:29:49 am by Thul3 »

Offline ripplexiaoshan

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I have applied 436,406 BTS from smartcoin-marketing for the whole bitCNY&BTS listing work on biki.com. This fund includes the listing fee and bounty reward. Due to NDA with biki.com, the exact number can not be disclosed publicly, but I have shared it within the committee group, and you can estimate it through the total amount.

Other than the listing fee, the rest is used to reward the lobbyists, including @guoan(founder of "BTS 100 cities 100 shops plan", main contributor), gbac(Linda, Jademont, organizer and coordinator). Also, possible transaction fee for providing liquidity at the first month and marketing fee are also included.

By 'applied' do you mean requested? I can't see Biki on CMC.

I have listing options in top 50 but there is no clarity on how funds are applied for. I've messaged Bitcrab but no response.

Please excuse my English.


Here is the summary of my working flow with biki.com:

1\Guoan introduced this exchange to me, I did some basic research about its reputation, trading volume, rank, etc...(one-two weeks)

2\Then we contacted the exchange to get more details, including listing fee and conditions.(one week)

3\ Then we prepared and submitted the application form to the exchange, after the exchange confirmed, I asked for the comments from community and committee. (one week)

4\We then prepared the listing agreement(in English), and then contacted BitShares Foundation (one week)

5\ After the Foundation revised and confirmed the final agreement, get it back to the exchange. (two weeks)

6\ Both the Foundation and exchange signed the agreement.(One week)

7\ Get funded from account "smartcoin-marketing". This account is multisignatured by the committee.(two days)

8\Pay listing fee to the exchange, and help them with technical issues and marketing.(one week)

9\ Announce it to the community

« Last Edit: March 20, 2019, 09:33:11 am by ripplexiaoshan »
BTS committee member:jademont

Offline matle85

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I have applied 436,406 BTS from smartcoin-marketing for the whole bitCNY&BTS listing work on biki.com. This fund includes the listing fee and bounty reward. Due to NDA with biki.com, the exact number can not be disclosed publicly, but I have shared it within the committee group, and you can estimate it through the total amount.

Other than the listing fee, the rest is used to reward the lobbyists, including @guoan(founder of "BTS 100 cities 100 shops plan", main contributor), gbac(Linda, Jademont, organizer and coordinator). Also, possible transaction fee for providing liquidity at the first month and marketing fee are also included.

By 'applied' do you mean requested? I can't see Biki on CMC.

I have listing options in top 50 but there is no clarity on how funds are applied for. I've messaged Bitcrab but no response.

Offline ripplexiaoshan

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You can check my claims on the chinese weibo chat of zengold.

There is now a police report filled against Eric Gu in China.

There are big Investors who got scammed in Million's USD who are activly working to push the chinese government to take action.




About Biki why don't you post real facts about exchanges you wanna add bitcny ?Like real volume and what volume you expect to achieve on biki ?

Because i still keep saying its a waste of resources and nothing more.
How old is the mentioned exchange ?2 months ?

You want i can list bitcny on 10 shit exchanges which are top 50 on cmc.But i would be ashamed of myself for the results it would get for the amount spent.

Legit exchanges would be as example

hitbtc
bit-z


Quote
BTW, one month has past, where is your solution?
I'm working on it with somebody from OL and some other programers.It will be avaibable after the hard fork.

Thanks for reminding, here are some facts about biki.com, you can also do the research from google/baidu.

1\biki.com, previously bikicoin.com was founded in Singapore in June of 2018, it is relatively new but fast growing.

2\ According to https://www.feixiaohao.com/exchange/, biki.com ranks 12, registered accounts are over 500,000, reported DAU is over tens of thousands. Personally I think it belongs to top 20 exchanges on all aspects.

3\ If you call biki.com shit exchange, hitbtc is absolutely more worthy of this name, most of coins on hitbtc have zero volume and withdraw/deposit often have problem.  I have already approached bit-z, they asks for 5 times the listing fee.  I know biki.com is not a top exchange, but we have to consider the cost at the same time, we have to start from one exchange anyways, right?

4\Hope to see your solution ASAP,, if it is related to marketing dividends, then I think I know what you mean, but it is another topic, nothing with the liquidity of bitCNY.

BTW, What the hell of Eric Gu? Isn't it off topic? We have given up rightbtc after evaluation.
« Last Edit: March 18, 2019, 07:05:18 am by ripplexiaoshan »
BTS committee member:jademont

Offline Thul3

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You can check my claims on the chinese weibo chat of zengold.

There is now a police report filled against Eric Gu in China.

There are big Investors who got scammed in Million's USD who are activly working to push the chinese government to take action.




About Biki why don't you post real facts about exchanges you wanna add bitcny ?Like real volume and what volume you expect to achieve on biki ?

Because i still keep saying its a waste of resources and nothing more.
How old is the mentioned exchange ?2 months ?

You want i can list bitcny on 10 shit exchanges which are top 50 on cmc.But i would be ashamed of myself for the results it would get for the amount spent.

Legit exchanges would be as example

hitbtc
bit-z


Quote
BTW, one month has past, where is your solution?
I'm working on it with somebody from OL and some other programers.It will be avaibable after the hard fork.
« Last Edit: March 17, 2019, 11:11:01 pm by Thul3 »

Offline ripplexiaoshan

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I have applied 436,406 BTS from smartcoin-marketing for the whole bitCNY&BTS listing work on biki.com. This fund includes the listing fee and bounty reward. Due to NDA with biki.com, the exact number can not be disclosed publicly, but I have shared it within the committee group, and you can estimate it through the total amount.

Other than the listing fee, the rest is used to reward the lobbyists, including @guoan(founder of "BTS 100 cities 100 shops plan", main contributor), gbac(Linda, Jademont, organizer and coordinator). Also, possible transaction fee for providing liquidity at the first month and marketing fee are also included.
BTS committee member:jademont

Offline ripplexiaoshan

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Just some example based on global traffic on websites according to alexa.


global rank

~4.700 Bittrex volume  $27 Million
~6.000 Poloniex volume  $29 Million
~7.300 Yobit volume  $15 Million
~13.000 kraken volume  $120 Million
~13.000 upbit volume  $151 Million
~28.000 gate.io volume  $36 Million
~34.000 livecoin volume  $10 Million
~46.000 btc alpha volume    $3 Million


Now have a look at the global traffic rank according to alexa of the proposed exchanges

~170.000 Sistemkoin $59 Million
~No Data IDAX  $282 Million
~46.000 LAToken  $63 Million
~399.000 RightBTC  $126 Million
~46.000 Cointiger $115 Million

Based on that Data you can clearly see that non of the bottom exchanges could even compete with Livecoin.I would even claim all would even lose the comparing against BTC-Alpha massivly which has Rank 87 and a trading volume of $3 Million.

LaToken has a fake volume generated by the exchange itself + numerous complaints through listings reported in Japan.

What is the number and what is the reality are 2 completely different things, and I suggest before anyone proceed with burning the funds based on Google research without a single interaction with mentioned exchange or at least account with some more experience to be proved - just forget about it.

Most important thing, this was about listing of BitUSD and BitCNY, where USD is currently under BS and not eligible for any listing at all.

Doing nothing is the easiest way also the laziest way, unless you have better solution to provide more liquidity for bitCNY/bitUSD.

Start proper marketing instead overpaying exchange listing.
I'm currently not much online because of some offline activity.I will be back next week and will be publishing my own proposals which i created before.


How does it come i never heard about coinsuper before ?

Ahh i know
https://www.alexa.com/siteinfo/coinsuper.com

One of the smallest exchanges which exist with 99,9% fake volume and many bad reviews about insta dumping.
https://bitcointalk.org/index.php?topic=4939930.0
How much are you going to pay them ?If you want i will open tomorrow also a new exchange and will wash trade it to top 25 on CMC.
How many BTS are you going to pay me for listing bitcny on that exchange ?

I mean seriously you are playing with funds and don't even do your homework where you are going to list BTS or bitcny.

Thats the same like througing away BTS from the window.


Quote
bitCNY was rejected at the final step, as we don't have legal opinion letter for it
Any legit exchange will reject bitcny for the same reason.They demand legal opinion letters to list a coin.

The bitcointalk post you referred has no reply, so I can not judge the authenticity only from that post, not to mention that all CEX have many negative comments. We don't like any CEX, but we count on them to provide more liquidity for bitCNY. 

BTW, one month has past, where is your solution?

I am approaching biki.com(bikicoin.com) to list bitCNY, this time I hope we will make it.
« Last Edit: March 16, 2019, 09:32:44 am by ripplexiaoshan »
BTS committee member:jademont