Author Topic: On Marketing and Priorities  (Read 16151 times)

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Offline unimercio

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Unless you meant that it would be semi-centralized and not really a DAC

 +5% agreed, no need to be a purest. We need results, fast and cheap. Great idea though.
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Offline fuzzy

I honestly think it's much easier to just convince I3 to give you guys a bunch of money to spend at your discretion. I would only devote precious DAC development resources to actual profitable DACs. Definitely a good idea in theory though.

If centralized job or bounty auctions are profitable, and centralized exchanges are profitable, why wouldn't it be profitable to build a decentralized job/bounty auction site and have a decentralized exchange?

Also once again why should the community exclusively rely on I3 to give us a bunch of money when we can just develop a DAC to decentralize the process of resource allocation? We can come up with an algorithm that we agree upon by consensus to be the most fair and then let the market go to work.

If people think shares in a DAC which handles resource allocation and bounties would be valuable why not develop it? I do agree it would take a lot of time and there are probably many other more important DACs to build first but I think if we are going the route of streamlined decentralization why shouldn't we go all the way?

If people in the community want to automate the process of crowd funding and allocating resources as much as possible why wouldn't that agenda be considered noble? It would make / allow DACs to organically build themselves from idea to finished product with an algorithm sending out shares according to Proof of Contribution. It of course would not be 100% autonomous because human beings would be working for the DAC doing things that cannot be automated but resource allocation is something which can be automated and Bitcoin proves that.

I think in the long term it's worth it to build it. In 5 years someone could come along, post an Angel address, people send money to it, and the DAC would take it from there. The autonomous agent would collect the funds and then start distributing it according to a pre-defined algorithm because certain tasks have to be repeated for every launch.

Make a power point presentation/whitepaper.
Make a main website.
Make a Facebook page.
Put website in signatures.
Create wiki.
Create articles promoting the DAC.
Debug and test the code.
Make blockexplorer.

All of the grass roots stuff could be simplified down to a script, and for humans a readable set of instructions which if followed step by step will create a fully functioning DAC. All of these tasks could be incentivized by distribution algorithm.

My lord, this would be amazing.  It would simplify the process for anyone coming after the initial creation and would serve as a launching point for "remixed" versions of each task stated above...
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Offline luckybit

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I honestly think it's much easier to just convince I3 to give you guys a bunch of money to spend at your discretion. I would only devote precious DAC development resources to actual profitable DACs. Definitely a good idea in theory though.

If centralized job or bounty auctions are profitable, and centralized exchanges are profitable, why wouldn't it be profitable to build a decentralized job/bounty auction site and have a decentralized exchange?

Also once again why should the community exclusively rely on I3 to give us a bunch of money when we can just develop a DAC to decentralize the process of resource allocation? We can come up with an algorithm that we agree upon by consensus to be the most fair and then let the market go to work.

If people think shares in a DAC which handles resource allocation and bounties would be valuable why not develop it? I do agree it would take a lot of time and there are probably many other more important DACs to build first but I think if we are going the route of streamlined decentralization why shouldn't we go all the way?

If people in the community want to automate the process of crowd funding and allocating resources as much as possible why wouldn't that agenda be considered noble? It would make / allow DACs to organically build themselves from idea to finished product with an algorithm sending out shares according to Proof of Contribution. It of course would not be 100% autonomous because human beings would be working for the DAC doing things that cannot be automated but resource allocation is something which can be automated and Bitcoin proves that.

I think in the long term it's worth it to build it. In 5 years someone could come along, post an Angel address, people send money to it, and the DAC would take it from there. The autonomous agent would collect the funds and then start distributing it according to a pre-defined algorithm because certain tasks have to be repeated for every launch.

Make a power point presentation/whitepaper.
Make a main website.
Make a Facebook page.
Put website in signatures.
Create wiki.
Create articles promoting the DAC.
Debug and test the code.
Make blockexplorer.

All of the grass roots stuff could be simplified down to a script, and for humans a readable set of instructions which if followed step by step will create a fully functioning DAC. All of these tasks could be incentivized by distribution algorithm.

« Last Edit: March 04, 2014, 07:04:44 am by luckybit »
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Offline bytemaster

I thought the initial fund raising ended with the feb. 28 snapshot. I3 has accumulated more than $2 million in the past 6 weeks from ags donations. I do not see how fundraising is what is necessary right now either. What is and has always been necessary is putting out a product.
Nope, fund-raising is scheduled to go for 199 days starting from Jan 1st. The 28th snapshot was just the freeze for BTS block chain.

Invictus has been pretty successful so far in raising money, I think, but I suppose there will be plenty of competition that can also raise a lot of money. I agree with you about the need to get out products, but I'd like to see us hire more people in order to speed up product development. Ideally, we should have enough marketing support from the community that Bytemaster can devote most of his time to product development, for example.

 +5%

I agree with the idea that we as a community, as investors, can and should take the initiative with marketing. Imagine if each of us were to upload very informative youtube videos on what this whole DAC concept is and what Bitshares are. Not only would we be saving valuable Angleshare money for infrastructure but we would also be helping in accelerating and increasing our returns.

I have a Youtube channel where I have about 2,000 subscribers and 700,000 views. I haven't been very active on my channel recently but that can change and perhaps I can help with uploading videos about Bitshares/Invictus Innovations/DACS/Bitshares PTS.

I'm open to suggestions

+1
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Offline toast

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Unless you meant that it would be semi-centralized and not really a DAC
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline toast

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I honestly think it's much easier to just convince I3 to give you guys a bunch of money to spend at your discretion. I would only devote precious DAC development resources to actual profitable DACs. Definitely a good idea in theory though.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline luckybit

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The basic idea seems to be similar to MyHammer, right?
http://www.myhammer.co.uk/
http://www.my-hammer.de/
http://techcrunch.com/2009/03/17/two-new-ways-to-find-a-job-auction-yourself-off-at-jobaphile-or-do-a-twitterjobsearch/
No not at all. The bounty exchange idea is based around the concept of a bounty auction. The purpose of a bounty auction is to reduce the costs of labor but it's not necessary good for long term jobs, or for quality.  Having it on an exchange could automate the process so we don't have to do it on a forum in the most centralized fashion.

The decentralized task list is a way to simulate mining using human labor to earn credits or shares in a DAC. This will allow a DAC to use an algorithm to allocate shares based on some Proof of Contribution.

Jobaphile is an example of the bounty auction idea in practice. It's called a job auction but it's supposed to serve the same function as the idea below only using cryptocurrency, pseudo-anonymous, decentralized, and the DAC itself gets some kind of fee for every completed job (fee structure could be figured out later but it's supposed to be a kind of job auction exchange business).

https://bitsharestalk.org/index.php?topic=998.0

Any developers interested in the DAC ideas I presented, go to my threads on the subject and give suggestions. How could we kickstart the process? I believe once it's started it will be something which can ideally fund itself in the same way Bitshares is doing, or Bitcoin. The first step in the process that I can think of to kickstart is to offer a bounty for anyone who can figure out how to build this DAC in the form of a technical specification. The idea I put on the forum is the most basic outline but like I said before how exactly do you manage the angelfunds without centralization? You solve that problem and we can build the DAC.

For Bitcoin no one has to be paid to market it because as we market it the price goes up and the places we can spend it increases. So we get rewarded like employees indirectly. For Bitshares it's going to be harder because there is no network effect to rely on, but in other ways its going to be easier because Bitshares as a technology can do things Bitcoin cannot do such as be the launchpad for actual DACs with profit motives.


« Last Edit: March 04, 2014, 05:18:24 am by luckybit »
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Offline jae208

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I thought the initial fund raising ended with the feb. 28 snapshot. I3 has accumulated more than $2 million in the past 6 weeks from ags donations. I do not see how fundraising is what is necessary right now either. What is and has always been necessary is putting out a product.
Nope, fund-raising is scheduled to go for 199 days starting from Jan 1st. The 28th snapshot was just the freeze for BTS block chain.

Invictus has been pretty successful so far in raising money, I think, but I suppose there will be plenty of competition that can also raise a lot of money. I agree with you about the need to get out products, but I'd like to see us hire more people in order to speed up product development. Ideally, we should have enough marketing support from the community that Bytemaster can devote most of his time to product development, for example.

 +5%

I agree with the idea that we as a community, as investors, can and should take the initiative with marketing. Imagine if each of us were to upload very informative youtube videos on what this whole DAC concept is and what Bitshares are. Not only would we be saving valuable Angleshare money for infrastructure but we would also be helping in accelerating and increasing our returns.

I have a Youtube channel where I have about 2,000 subscribers and 700,000 views. I haven't been very active on my channel recently but that can change and perhaps I can help with uploading videos about Bitshares/Invictus Innovations/DACS/Bitshares PTS.

I'm open to suggestions
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Offline Markus

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The basic idea seems to be similar to MyHammer, right?
http://www.myhammer.co.uk/
http://www.my-hammer.de/

Offline AdamBLevine

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Offline luckybit

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Lucky, I would put PTS towards this if it gave me back the platforms token.   Is my understanding correct?

Yeah it would take in PTS and give out the platforms tokens using the same angel process to used to generate BTS. From there the bounty distribution mechanism would make the platform build itself as it's funded. The human participants would be paid in shares.

I presented this idea to the Mastercoin and Counterparty teams. It's going to be implemented independently by both of these teams. I originally posted the idea on this forum but no one paid much attention to it at the time. Bytemaster did comment on it but said he did not like the voting aspect of it but I see no better way of doing it besides with Proof of Stake voting.

I had wanted bounties to replace mining so that people have a way to mine with their labor in a way.

Lucky, that's a fantastic idea!  What's preventing this from being developed at the moment?

Funding and developers. It is likely being developed in the background in some form by the Mastercoin and Counterparty community but this is a DAC which is best suited for the Bitshares community because it's supposed to be profit driven.

If you can find a team of developers who are trustworthy enough, who have the right skills, then let's get started. One thing about Invictus being a corporation is you do have an easier time bootstrapping DACs.

The problem right now is how to bootstrap or crowd fund? There would need to be some sort of collateral or some trusted person behind it. Say we set up an angel fund then who is supposed to keep that fund safe? The technology isn't set up yet so that we can decentralize the management of funds so how would we do this? M of N transactions?

The bounty exchange is a lot easier though. We could build that as soon as Keyhotee and the reputation elements are in place to allow us to do ratings.


« Last Edit: March 04, 2014, 04:57:41 am by luckybit »
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Offline bitcoinba

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I am interesting in investing and collaborating on this Luckybit.

Offline yellowecho

Lucky, that's a fantastic idea!  What's preventing this from being developed at the moment?
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Offline AdamBLevine

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Lucky, I would put PTS towards this if it gave me back the platforms token.   Is my understanding correct?
« Last Edit: March 04, 2014, 04:40:23 am by AdamBLevine »
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Offline luckybit

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Why don't we do something similar to Peercoin's "Peer4Commit" project (http://peer4commit.com/)?
The community could basically vote with AGS/PTS which project they'd like next based on funding.  AGS could be forked and the chain used to fund projects but not otherwise tradable... or could be redeemed for PTS at a premium.


Here is my idea for a DAC which could solve these sorts of problems in an even more decentralized way.

https://bitsharestalk.org/index.php?topic=998.0

And it does not require a fork. All you have to do is create the DAC and then fill up a fund by using the angelshare process.

Below is how it works
Quote
Input: Human labor--> "Mining"
------------------------------------
DAC: Sort algorithm maintains a task list updated by humans stored in the blockchain, where the sort algorithm allows human beings to vote up or down to adjust the priority level "importance" of each task.
DAC: Value is determined by community voted task priority and popularity. If the task is very popular then "difficulty" shall rise to redirect the flow of labor to less desirable more important tasks.
DAC: Maintains a ledger or spreadsheet which constantly updates detailing which Keyhotee ID did which task.
DAC: Can hire human beings or scripts (autonomous agents) to do tasks either separately or working together. (Credits earned by a script can be used by the script to pay humans for the updating of the script)
------------------------------------
Keyhotee: Maintains reputations, allows for up or down votes, allows for notice of task completion which again receives up or down vote by a pool of trusted Keyhotee IDs to verify it as true or false. (As an administrator who verifies the work of others you would get paid to check whether or not others have completed their task and the greater your accuracy the better your credit rating or reputation for doing that particular task. You are like a referee for the system. This job may also involve preventing spammers, cheaters, other Keyhotee IDs will anonymously review your work and get paid on their accuracy as well)
------------------------------------
Output: Signature campaigns, website development, documentation, FAQs, tweets, YouTube videos, Facebook pages, memes, or anything else.

Output can be measured for success. If an output is considered a failure such as if it is spam, if someone did not follow the rules, or if it has a completely negative impact then that output can be reviewed during the verification process and credit score shall adjust based upon the result of that review. In most cases there should be nothing to review because reviewers would have to be compensated and the anonymous reviewers of those reviewers would have to get their cut as well so this action should be avoided unless a significant amount of people in the community vote for and pay for a review/audit.
------------------------------------
Social contract: Any DAC which wants to use the services of this DAC must set aside shares in their DAC to pay for its services. This DAC is to be set up for the benefit of the humans and autonomous agents who work for it and for the community as a whole to benefit from it.


Once the marketing fund is filled then the voters who filled it would determine how many shares are distributed for certain jobs. This DAC can later on be used for all kinds of tasks and the dividend can go to the initial shareholders who invested in the angel process.

Additional ideas which can be adopted right now and adapted to a decentralized marketing campaign. I don't think we should use Peer4Commit, why not use our own DAC technology to solve the centralization problem? If you're worried that power is being centralized into Invictus then use the DAC and angel process to decentralize it in a way which is profitable for angel investors (and that could include Invictus employees).

How about a bounty exchange platform with an Ask/Bid?

This is essentially a bounty auction and exchange platform. It is completely algorithmic in approach and completely automated. It determines the true market price of any kind of labor by reaching the equilibrium point between the supply and demand through the bid/ask.

It would be centralized at first but could be made decentralized, it's also a way to determine who would be selected for the bounty in a completely automated fashion.

It may even allow workers to trade jobs on the exchange provided they do so before the expiration date. This way if a worker bit off more than he could chew he could exchange his bounty with someone else and they'd get paid in his place if they complete it.

Instructions
As the employer first you'd put up your bidding price which is the highest you're willing to pay, then a bunch of potential bid fillers put up their asking price and according to the algorithm it would meet in the middle according to supply and demand at an equilibrium point. This would give the market the true price of the labor.
Input: Employers enter a job description and bidding price to be displayed as the maximum bounty reward.
Input: Employees/Job hunters enter their asking prices, mapped to their Keyhotee IDs.
DAC: An algorithm selects the employee willing to work for the lowest asking price (lowest bounty reward)
DAC: A bot sends an encrypted message to the public key of the Keyhotee ID address and sends a bounty token to their wallet.
DAC: The transaction and exchange exist entirely in a blockchain so that if necessary anyone with that bounty token can exchange their bounty token for anyone else's.
Output1: The job is completed by the expiration date on the bounty token, and the bounty token is redeemed at the true price of labor in the market.
Output2: The job is not completed by the expiration date and the bounty token is never redeemed, therefore it is invalid and expired.
Social Contract: 50% Protoshares, 45% Angelshares, 5% Promotion, Discount and Giveaway shares

What could go wrong? Someone could lose their bounty token and then the bounty would expire wasting valuable time. On the other hand it would save time if someone can trade their received bounty with another person or split their bounty with another person all in automated fashion by using the divisibility of the bounty token. So if I did 90% of the labor and I could not do that final 10% then I could break off 10% of the bounty token and give it to anyone willing to work for it.

Let me know if this idea could work?

In addition to the main idea
This idea is revised and refined here: https://bitsharestalk.org/index.php?topic=1413.msg15246#msg15246

A simple diagram could illustrate the conceptual infographic as:

Input: Human labor--> "Mining"
------------------------------------
DAC: Sort algorithm maintains a task list updated by humans stored in the blockchain, where the sort algorithm allows human beings to vote up or down to adjust the priority level "importance" of each task.
DAC: Value is determined by community voted task priority and popularity. If the task is very popular then "difficulty" shall rise to redirect the flow of labor to less desirable more important tasks.
DAC: Maintains a ledger or spreadsheet which constantly updates detailing which Keyhotee ID did which task.
DAC: Can hire human beings or scripts (autonomous agents) to do tasks either separately or working together. (Credits earned by a script can be used by the script to pay humans for the updating of the script)
------------------------------------
Keyhotee: Maintains reputations, allows for up or down votes, allows for notice of task completion which again receives up or down vote by a pool of trusted Keyhotee IDs to verify it as true or false. (As an administrator who verifies the work of others you would get paid to check whether or not others have completed their task and the greater your accuracy the better your credit rating or reputation for doing that particular task. You are like a referee for the system. This job may also involve preventing spammers, cheaters, other Keyhotee IDs will anonymously review your work and get paid on their accuracy as well)
------------------------------------
Output: Signature campaigns, website development, documentation, FAQs, tweets, YouTube videos, Facebook pages, memes, or anything else.

Output can be measured for success. If an output is considered a failure such as if it is spam, if someone did not follow the rules, or if it has a completely negative impact then that output can be reviewed during the verification process and credit score shall adjust based upon the result of that review. In most cases there should be nothing to review because reviewers would have to be compensated and the anonymous reviewers of those reviewers would have to get their cut as well so this action should be avoided unless a significant amount of people in the community vote for and pay for a review/audit.
------------------------------------
Social contract: Any DAC which wants to use the services of this DAC must set aside shares in their DAC to pay for its services. This DAC is to be set up for the benefit of the humans and autonomous agents who work for it and for the community as a whole to benefit from it.

We can create this DAC without permission from Invictus and fund our own marketing campaign as the first implementation of the DAC. The reason it should not be a DAC is because a centralized website can easily be shut down, you want it to be a blockchain or something difficult to turn off.

The other reason is you want this sort of DAC to be profitable for both the shareholders and the individuals fulfilling the tasks on the task lists or taking the bounties.
« Last Edit: March 04, 2014, 02:12:30 am by luckybit »
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Offline yellowecho

Why don't we do something similar to Peercoin's "Peer4Commit" project (http://peer4commit.com/)?
The community could basically vote with AGS/PTS which project they'd like next based on funding.  AGS could be forked and the chain used to fund projects but not otherwise tradable... or could be redeemed for PTS at a premium.
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Offline AdamBLevine

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When will it become the hub for investors/interested parties?   The forum should not be the place people have to go if they don't want to get wrong or outdated information.


Edit:
Okay, so I just listened to Brian's interview and now I know what website you're talking about, apparently it launches on the 21st.

That's fine, I'm very glad you guys are almost ready to launch.  I still think it is really a mistake to not have any blog presence up until that point as that's another full three weeks.
« Last Edit: March 03, 2014, 11:43:45 pm by AdamBLevine »
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Offline bytemaster

Our new website has a blog in it...
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Offline AdamBLevine

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I just want everyone to be aware of what we have been doing the past two days:

1) Charles Evans and I just recorded a 1 hour interview discussing everything we are doing and explaining BTS X.   This will be edited and released as part of our marketing effort.

2) Brian Page, Stan, Charles, and I also met today to discuss an animated 90 second video explaining "What is BitShares"

3) I met with a reporter from the Roanoke Times who will be doing an article on what we are doing.

As you can see marketing is being given attention in between writing code and handling legal issues.   You need to understand that legal and marketing need to coordinate and that lawyers are known for anything but their speed in understanding these things or signing off on any particular language that they are comfortable with.

Also, We produced another Article, "A BitRose by Any Other Name" that Adam said would be published today (or yesterday) on Lets Talk Bitcoin.

I am also preparing a new page for our website that is a one-stop-shop for answering all of the questions everyone has about how things work. 

From where I sit we are spending a lot of time and effort on marketing and education.    I haven't read this whole thread, because we are very busy today, but I thought you all should know what we are doing in this domain.   

A lot of time and effort actually isn't the goal, effective use of both is.    Those sound like great things you did, where is the invictus blog to highlight these things?   

The BitRose piece is scheduled for wednesday, the gox drama screwed up our release schedule. 
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Offline unimercio

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The motto is decentralize everything, the community needs to step up and lead these initiatives - Propose actionable plans that Invictus can say "Yes, that's a great idea go do that" and when it's done award the funds they authorized, or ideally come up with a less centralized storage system so we don't wind up with our own little Empty Gox should the legal situation in Virginia get hairy.  Governments freeze funds first and ask questions later, and jail is real.

 +5% wise, young Jedi

Should we find a group to hold a fraction of the angel funds in a multi-sig address? Perhaps me, adam, fuznuts, clains, dan, with 3 required to release funds?

 +5%
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Offline toast

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The motto is decentralize everything, the community needs to step up and lead these initiatives - Propose actionable plans that Invictus can say "Yes, that's a great idea go do that" and when it's done award the funds they authorized, or ideally come up with a less centralized storage system so we don't wind up with our own little Empty Gox should the legal situation in Virginia get hairy.  Governments freeze funds first and ask questions later, and jail is real.

 +5% wise, young Jedi

Should we find a group to hold a fraction of the angel funds in a multi-sig address? Perhaps me, adam, fuznuts, clains, dan, with 3 required to release funds?
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Offline unimercio

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The motto is decentralize everything, the community needs to step up and lead these initiatives - Propose actionable plans that Invictus can say "Yes, that's a great idea go do that" and when it's done award the funds they authorized, or ideally come up with a less centralized storage system so we don't wind up with our own little Empty Gox should the legal situation in Virginia get hairy.  Governments freeze funds first and ask questions later, and jail is real.

 +5% wise, young Jedi
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Offline unimercio

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3I - Let me know how I can help.

 +5% right on... Lets fish or cut bait.
This is not about speculation and trading, stakeholders will step up and lead or follow.  8)

I3 is our defacto partner not benefactor, barring dumb luck or visions of black swan events success is NOT an entitlement. Good things happen while we work as others sleep.
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Offline toast

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I just want everyone to be aware of what we have been doing the past two days:

1) Charles Evans and I just recorded a 1 hour interview discussing everything we are doing and explaining BTS X.   This will be edited and released as part of our marketing effort.

2) Brian Page, Stan, Charles, and I also met today to discuss an animated 90 second video explaining "What is BitShares"

3) I met with a reporter from the Roanoke Times who will be doing an article on what we are doing.

As you can see marketing is being given attention in between writing code and handling legal issues.   You need to understand that legal and marketing need to coordinate and that lawyers are known for anything but their speed in understanding these things or signing off on any particular language that they are comfortable with.

Also, We produced another Article, "A BitRose by Any Other Name" that Adam said would be published today (or yesterday) on Lets Talk Bitcoin.

I am also preparing a new page for our website that is a one-stop-shop for answering all of the questions everyone has about how things work. 

From where I sit we are spending a lot of time and effort on marketing and education.    I haven't read this whole thread, because we are very busy today, but I thought you all should know what we are doing in this domain.   

This is awesome and we don't doubt that you're hard at work. I guess we just want Brian to participate on the forums more so we're kept in the loop and given feedback opportunities. The forum is an underutilized resource!
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Offline bytemaster

I just want everyone to be aware of what we have been doing the past two days:

1) Charles Evans and I just recorded a 1 hour interview discussing everything we are doing and explaining BTS X.   This will be edited and released as part of our marketing effort.

2) Brian Page, Stan, Charles, and I also met today to discuss an animated 90 second video explaining "What is BitShares"

3) I met with a reporter from the Roanoke Times who will be doing an article on what we are doing.

As you can see marketing is being given attention in between writing code and handling legal issues.   You need to understand that legal and marketing need to coordinate and that lawyers are known for anything but their speed in understanding these things or signing off on any particular language that they are comfortable with.

Also, We produced another Article, "A BitRose by Any Other Name" that Adam said would be published today (or yesterday) on Lets Talk Bitcoin.

I am also preparing a new page for our website that is a one-stop-shop for answering all of the questions everyone has about how things work. 

From where I sit we are spending a lot of time and effort on marketing and education.    I haven't read this whole thread, because we are very busy today, but I thought you all should know what we are doing in this domain.     

For the latest updates checkout my blog: http://bytemaster.bitshares.org
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I thought the initial fund raising ended with the feb. 28 snapshot. I3 has accumulated more than $2 million in the past 6 weeks from ags donations. I do not see how fundraising is what is necessary right now either. What is and has always been necessary is putting out a product.
Nope, fund-raising is scheduled to go for 199 days starting from Jan 1st. The 28th snapshot was just the freeze for BTS block chain.

Invictus has been pretty successful so far in raising money, I think, but I suppose there will be plenty of competition that can also raise a lot of money. I agree with you about the need to get out products, but I'd like to see us hire more people in order to speed up product development. Ideally, we should have enough marketing support from the community that Bytemaster can devote most of his time to product development, for example.

Yes, well I guess from my perspective the prospect of new DAC's is great an all, but they are contingent upon the success of Bitshare's x. The success of bitshares is the most essential marketing tool for future DAC's.

Offline dannotestein

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I thought the initial fund raising ended with the feb. 28 snapshot. I3 has accumulated more than $2 million in the past 6 weeks from ags donations. I do not see how fundraising is what is necessary right now either. What is and has always been necessary is putting out a product.
Nope, fund-raising is scheduled to go for 199 days starting from Jan 1st. The 28th snapshot was just the freeze for BTS block chain.

Invictus has been pretty successful so far in raising money, I think, but I suppose there will be plenty of competition that can also raise a lot of money. I agree with you about the need to get out products, but I'd like to see us hire more people in order to speed up product development. Ideally, we should have enough marketing support from the community that Bytemaster can devote most of his time to product development, for example.
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clout

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I thought the initial fund raising ended with the feb. 28 snapshot. I3 has accumulated more than $2 million in the past 6 weeks from ags donations. I do not see how fundraising is what is necessary right now either. What is and has always been necessary is putting out a product.

Offline dannotestein

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Why would you push for more marketing when the test product hasn't even been launched yet?
Because we're fund raising now, and the fund raising has a finite end point.
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clout

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Why would you push for more marketing when the test product hasn't even been launched yet?

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I'm writing this in my capacity as an AGS/PTS holder, not as an Invictus employee, but I like super3's idea to decentralize some of the spending for marketing. There's so much marketing that needs to be done, we could use more hands, and it's hard to hire fulltime people for this kind of work quickly.
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Offline G1ng3rBr34dM4n

Adam - Thank you for initiating this conversation.  I don't know about anyone else, but I've been a part of this movement (PTS / BitShares, et al.) thanks ONLY to be a listener of LTB, specifically episode 57.  Keep up the great work on LTB too, btw.  You have definitely stepped up your game; I'm one of your listeners that has gone back and heard every episode from the beginning and can verify content and quality have been on the rise.   

Seems like a whole lot of ideas from the community, and the bottleneck is communicating with Invictus. Why don't we allocate some of the war chest, just like 10-20 BTC to start, to the community and let the community decide what we want to do with it. We can develop and purchase our own ads, media, etc.

Really an experiment here, but I think its worth trying.

I love it...and your use of the term "we" makes me smile.  I will simply urge one thing, however.  Rome was not built in a day...and in my experience all strong communities form over time as passionate and resolute members trickle in and become part of the family.  So be stubborn and dare to believe you are a valuable member!

 +5% 

The most effective movements start as organic, 'grassroots' initiatives. 

Again, Brian from Invictus - PUT US TO WORK!  How can we help?  We want to help!  Where can we post comments, upvote reddit posts, retweet hashtags, share Facebook posts, etc. etc. etc?!? This type of information isn't being captured and communicated to the forums in a way that we can help. 

I would propose generating a list of BitShares-related hashtags, pair tweets with #bitcoin, and utilize Twitter for the powerful media tool that it is.  Mainstream media is all over bitcoin right now like white on rice and I'm sure countless writers are spending hours scanning through bitcoin hashtags.  Let's design and create some strategic serendipity.  The timing is ripe for reinforcing the merits of a decentralized exchange in the wake of the Gox catastrophe.

3I - Let me know how I can help.

Offline AdamBLevine

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If you think about it, Invictus caused this problem by introducing Angelshares.   If they had just started with a bounty board where anyone could submit a bounty, other people who had mined or bought protoshares could donate them to the particular bounty, no responsibility for invictus and no conflict with them fulfilling bounties and getting paid since they're not the ones funding the bounties.

Angelshares sucked all the money people were willing to invest in the ecosystem and put it into a place where instead of all the investors controlling it individually based on their own wants, needs and perceptions, it was invictus that could only determine what wants and needs to fulfill as they can best determine from reading and interacting with the community. 

So instead of funding bounties and proposals being a decentralized process, it's insanely bottlenecked to the point where we're still waiting for a basic installation file for the PTS Armory Wallet more than a month after it was submitted and accepted as meeting the conditions for payment!   

The motto is decentralize everything, the community needs to step up and lead these initiatives - Propose actionable plans that Invictus can say "Yes, that's a great idea go do that" and when it's done award the funds they authorized, or ideally come up with a less centralized storage system so we don't wind up with our own little Empty Gox should the legal situation in Virginia get hairy.  Governments freeze funds first and ask questions later, and jail is real.
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Offline super3

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This could start as a subreddit, might be good for qualifying votes etc.
Good idea. Solves the consensus problem. Proposals are made. Upvote if you agree and down vote if you disagree. Good proposals are officially voted on and the funds dispatched are from multisig.

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Offline CalabiYau

Seems like a whole lot of ideas from the community, and the bottleneck is communicating with Invictus. Why don't we allocate some of the war chest, just like 10-20 BTC to start, to the community and let the community decide what we want to do with it. We can develop and purchase our own ads, media, etc.

Really an experiment here, but I think its worth trying.

Demand it from angel funding, put into a multi-signature address with a few people from this thread. I'm OK with this.

 +5% 

Some BTC already reserved for such purpose

Offline AdamBLevine

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This could start as a subreddit, might be good for qualifying votes etc.
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Offline fuzzy

Creating a separate "hub" consisting of active community members will increase the complexity of decentralization. The community would self-organize around ideas for improvements, changes, work to be done, etc.

Precisely...and I believe with the release and refinement of Keyhotee, over time, we will grow to have many more tools that will improve our ability to do just this.
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Offline fuzzy

Seems like a whole lot of ideas from the community, and the bottleneck is communicating with Invictus. Why don't we allocate some of the war chest, just like 10-20 BTC to start, to the community and let the community decide what we want to do with it. We can develop and purchase our own ads, media, etc.

Really an experiment here, but I think its worth trying.

I love it...and your use of the term "we" makes me smile.  I will simply urge one thing, however.  Rome was not built in a day...and in my experience all strong communities form over time as passionate and resolute members trickle in and become part of the family.  So be stubborn and dare to believe you are a valuable member!

WhaleShares==DKP; BitShares is our Community! 
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Offline CLains

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I just don't want that B and the others feel pressured.

It's then more art, which is what I like.

I think this is a good point.

Why don't we allocate some of the war chest, just like 10-20 BTC to start, to the community and let the community decide what we want to do with it.

This would remove a lot of the pressure from Invictus. An allocation like that would suddenly turn the spotlight back on "we the community" to improve the situation and implement the changes we believe in, and I think that would be a good thing.

Creating a separate "hub" consisting of active community members will increase the complexity of decentralization. The community would self-organize around ideas for improvements, changes, work to be done, etc.

« Last Edit: March 03, 2014, 04:18:06 pm by CLains »

Offline toast

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Seems like a whole lot of ideas from the community, and the bottleneck is communicating with Invictus. Why don't we allocate some of the war chest, just like 10-20 BTC to start, to the community and let the community decide what we want to do with it. We can develop and purchase our own ads, media, etc.

Really an experiment here, but I think its worth trying.

Demand it from angel funding, put into a multi-signature address with a few people from this thread. I'm OK with this.
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Offline super3

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Seems like a whole lot of ideas from the community, and the bottleneck is communicating with Invictus. Why don't we allocate some of the war chest, just like 10-20 BTC to start, to the community and let the community decide what we want to do with it. We can develop and purchase our own ads, media, etc.

Really an experiment here, but I think its worth trying.

Offline fuzzy

I just don't want that B and the others feel pressured.

When people do things voluntarily it is not as efficient as slave work but they also don't burn out. It's then more art, which is what I like. I believe you know much more about marketing and stuff.

From my feeling, I3 does not want to be a company that plays the game like so many do it. Produce cheap, sell a lot. Thing breaks, buy again. I cannot handle pressure from outside, it makes my thinking and emotions go crazy. Give them some air to breathe and wonders will happen.

Like when I worked at the video store. I was always stoned and the boss fired me one day. He said that I would levitate through the company and working not fast enough. He was taking the pills for the stomach acid problems he created by himself. He wanted me to become like him and work like a maniac.

You know the feeling between an organic shop and a discounter. When the product and the environment is good for everyone, the people will come and then the discounter has to offer organic otherwise he will lose his business.


What I am attempting to do with our community is to bring in ANY kind of talent that YOU want to bring to the table.  This must be organic...and you must contribute by doing what you love, and sharing it.  Remember the new paradigm we are building is a NEW PARADIGM.  Think outside the box.  See beyond "profit" based in tokens and recognize that you are fundamental to bringing value to this. 

I want to do this because unlike some decentralized, hyped, and Goldman Sachs connected platforms, Invictus has up to this point proven themselves to actually care about their impact on the world as opposed to being the all-powerful chain that rules them all.  This feels real to me... and it is because the community has treated me like family from the very start.  But it is time to expand our family.

Bottom line, we cannot expect a Centralized company to perform well in this venture without our grass roots support.  Adam B Levine should understand this as well as anyone here...but he is by no means the only one qualified to enrich the community.  If the tech doesn't work, and the community is resilient...it will overcome and will solidify the Honey-Badger syndrome we have come to love about Bitcoin, and that will allow the tech to come back stronger and with fewer bugs.  Remember, we are moving BEYOND Bitcoin, and Invictus has yet to even give us a small subset of the tools they intend on providing us!

Sincerely looking forward to building a New World Order with you that is precisely the opposite of what the Syth have planned. 

 
« Last Edit: March 03, 2014, 02:23:02 pm by fuznuts »
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I just don't want that B and the others feel pressured.

When people do things voluntarily it is not as efficient as slave work but they also don't burn out. It's then more art, which is what I like. I believe you know much more about marketing and stuff.

From my feeling, I3 does not want to be a company that plays the game like so many do it. Produce cheap, sell a lot. Thing breaks, buy again. I cannot handle pressure from outside, it makes my thinking and emotions go crazy. Give them some air to breathe and wonders will happen.

Like when I worked at the video store. I was always stoned and the boss fired me one day. He said that I would levitate through the company and working not fast enough. He was taking the pills for the stomach acid problems he created by himself. He wanted me to become like him and work like a maniac.

You know the feeling between an organic shop and a discounter. When the product and the environment is good for everyone, the people will come and then the discounter has to offer organic otherwise he will lose his business.

Offline CLains

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At the moment nobody knows if bitsharesx will even work right? What if this whole thing crashes or gets hacked or something? I say stay low profile until things work and when it works, get "Drew Barrymore" for an ad on "Hulu"

:D I think this is an interesting argument, and I've been thinking about it a lot, but in the battle between "stay low" and "move first" I have a hard time seeing how "move first" can lose.

Offline toast

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At the moment nobody knows if bitsharesx will even work right? What if this whole thing crashes or gets hacked or something? I say stay low profile until things work and when it works, get "Drew Barrymore" for an ad on "Hulu"

BTS DNS is very easy to make once BTS X is launched and is a sure bet IMO
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38PTSWarrior

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At the moment nobody knows if bitsharesx will even work right? What if this whole thing crashes or gets hacked or something? I say stay low profile until things work and when it works, get "Drew Barrymore" for an ad on "Hulu"

Offline CLains

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Excellent suggestions Adam!

I would really encourage invictus to emulate them ASAP and get at least a temporary blog up that can be the central repository for the most important information every invictus investor/donor should know.

I particularly like this idea.  +5%

Ideally we would want Brain to do more on the on-camera press, etc. but everyone who has met Dan knows he is pretty convincing.

Daniel is good at talking on the fly, and a great presenter when talking about the more technical stuff. More general stuff (like the snapshot and upcoming plans) can be handled by someone else.

Invictus's only advantage is DACs that make economic sense and are truly value-producing.

+5%

I think this is great news. Sounds like there's huge upside potential for BTSX, now that the snapshot is taken.

This was my first thought as well. I love Invictus, but as an investor that's how I think.

I think web strategy is very important to any crypto. Not just website, but presence.

+5%

I think opportunity has and continues to be wasted by letting these very basic things go undone.

+5%

For the right amount of protoshares most of us would gladly advertise and market any website Invictus wants marketed.

But instead they've decided to go with this centralized top down marketing campaign.

They have all these angelfunds and they have people on this forum willing to do marketing. Why not use the community to do marketing? We all own PTS/AGS and we all want more, so they have ways to give us incentives to market whatever information they want us to market but they aren't giving us any talking points, any websites or signature codes, etc.

+5%

What's really lacking is transparency in all of this. Brian is basically working alone in his locked room waiting for magic to happen. He doesn't really update the community and from what I've seen, he isn't really using the community and integrate them in his marketing strategy. There are so many smart people on this forum that are eager to spread the word and help with some marketing here and there.

+5%

I think this applies to their whole financial strategy. I tried to instill a sense of urgency in the allocation of resources thread. The ultimate problem here still seems to be that Invictus thinks they have enough creativity and intelligence to produce an optimal financial plan to spend the resources they are getting. But this is impossible in light of the fact that 100 PTS distributed across the right 4-5 people can do more than they can dream of. Thus, they need dedicated places where the community can criticize their overall spending-strategy, and contribute ideas, and even be rewarded for good ideas on how to spend their money.

There is almost no presence on Bitcointalk.

There has been little to no incentives for people like me to evangelize. In the last week however, it seems that Invictus is hiring people and getting help from people to manage social media. Brian contacted me a few days ago asking for help with Bitcointalk. I view this as a good sign that things are starting to happen and I'll help work on upping the presence on Bitcointalk in the following weeks. Hopefully, there will be a much larger grass-roots push with incentives in the following months. Part of this however needs to be a decentralized way of providing incentives (referral systems is one such way, "propose microbounty thread" is another such way, etc.).

Overall excellent thread. So many constructive suggestions!

Very promising. Much excitement.
« Last Edit: March 03, 2014, 09:29:06 am by CLains »

Tuck Fheman

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I've been promoting PTS to my libertarian/anarchist followers since I jumped on board ...

http://tuckfheman.com/tagged/Protoshares

Daniels quote was a big hit.

Offline domsch

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What's really lacking is transparency in all of this. Brian is basically working alone in his locked room waiting for magic to happen. He doesn't really update the community and from what I've seen, he isn't really using the community and integrate them in his marketing strategy. There are so many smart people on this forum that are eager to spread the word and help with some marketing here and there.

Whenever I've talked with Dan about Brian he said "Just wait, you'll be amazed what Brian is pulling together". But I haven't seen anything magic so far and Brian nor Invictus were able to create hype around this project pre-launch. So I really do hope that Brian thought of something in the coming months.

I'm not blaming Brian, am saying that he needs to be more transparent and has to update the community and investors on a regular basis on what he intends to do. And most importantly, he needs to use the power of the community to create the a proper strategy. Me and others have offered our help and involvement in this, but Brian has been reluctant in taking our help so far.

And as you mentioned Adam, conferences are good and Brian does an excellent job there, but they are only great to reach users on a smaller scale with some networking here and there. Web presence is everything in today's time and we are doing an abysmal job there.

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I actually gave up on the NXT community because they only exist in that 2,000 page long thread. 

FWIW, they do also have an active forum with 860 members.

Offline AdamBLevine

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NXT did a double sponsorship for the main LTB show for three months, their first month just ended.  I suggested they use the time as a way to update our listenerbase on whats actually happening with the project since our audience is a perfect fit for these 2.0 platforms and it's legitimately hard to keep up with the projects.  I actually gave up on the NXT community because they only exist in that 2,000 page long thread.    The twice weekly updates really solved the problem IMO, but I might be biased as it is my show.

I believe the Invictus team plans to start a sponsorship campaign on at least one of the new shows this month, we've been talking about it on and off and I've occasionally encouraged them to do it sooner rather than later but they likely have a larger plan I'm not privy to.

Really what it seems like you need is multiple companies competing with Invictus so invictus has to step up their game.  This is basically what I did with Let's Talk Bitcoin, I had no competition and I was getting lazy because I could so I invented competition and literally held a competition to have people jump in when otherwise they wouldn't have.     Seeing the great work being done by the newer shows on my network resulted in me upping my game, taking on more ambitious interviews with higher profile guests and as a result we've had some of our best shows ever.

It would be nice to see Invictus create a bounty that's less product oriented and more outcome oriented.  I would like to see an AGS financed bounty that has a good sized reward for the first DAC to truly meet all the criteria, honor PTS/AGS and function for longer than three months.    This would create that ecosystem of development that is so desperately needed, and put a spark in the competition.   Invictus would step up their game too, it's just the nature of the thing.   It would also be great to see such projects and bounties be marketed through partnerships with job boards, advertising, etc. 
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Offline luckybit

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Unless the system has changed, when I checked in December reddit ads on the /bitcoin sub were sold out for months in advance.

I saw an ad for the Nexus exchange on Reddit (although I don't recall if it was just an upvoted thread or a full ad) which is being hyped all over Bitcointalk and on here. So if Nexus could put an ad for their product I would have at least expected something from Bitshares. I heard an ad for Nxt too, I think it was on LetsTalkBitcoin.

There are more sites than just Reddit, what about Slashdot? What about some of the politically oriented sites or the sites associated with Ray Kurzweil? I don't see anything about Bitshares where I saw articles about Bitcoin, Mastercoin or Ethereum.

I believe if we are going to go with the top down hierarchical model of advertising then the leadership up top should be supplying us with talking points, incentives to blog and write stories, and so on. I don't see anything happening despite assurances that stuff is going on behind the scenes and you'd think if some underground grassroots campaign were to happen then we'd be the first people to know about it.

« Last Edit: March 03, 2014, 05:45:56 am by luckybit »
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Offline super3

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I agree with everything you said. It seems like Invictus is doing a decent job when it comes to conferences and things, but our web presence is entirely lacking. Ideally we would want Brain to do more on the on-camera press, etc. but everyone who has met Dan knows he is pretty convincing.

I think web strategy is very important to any crypto. Not just website, but presence. I mean just look at dogecoin, even for a meme their web presence is brilliant.

I've learned a few tips and tricks maintaining the websites for Peercoin and Primecoin. I can boast and say we pretty much have one one of the highest traffic levels of any official crypto website. Social media and a good core team is important too. Have to work with them to make sure the web stuff is in line.

Peercoin just did some intresting stats on marketing:
http://imgur.com/a/VZqbE

Notice how many people come from reddit(where we have little to no presence). Also notice how many people are funneled to a website from coinmarketcap, articles, and search engines.

I tried to lead that charge on the web front building Protoshares and the Invictus website. I was doing these all for bounties and freelance hours. Blogs, and stuff were already in the works, but suddenly Invictus didn't want my help anymore.  Still haven't gotten paid for some of the work that I did do. Was hoping someone would take over my role on the web stuff, but really haven't seen much work on that front after I stepped away.

Offline AdamBLevine

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We had a bitcoin meetup yesterday in napa, had 9 people show up.  Every person there knew about Ethereum, NXT, and Mastercoin.  Four of them knew about Counterparty, one knew about eMunie.    None of them knew about Protoshares, Bitshares or Invictus innovations.   When I explained to them about the bitshare snapshot they were all interested but unfortunately they didn't know about it, seven of them were LTB listeners

Counterparty launched their blog yesterday (that is, a protocol that raised no money and has no paid staff, but does have a working distributed asset exchange, distributed betting etc) and announced their medium-term security audit and protocol upgrade strategy.  I would really encourage invictus to emulate them ASAP and get at least a temporary blog up that can be the central repository for the most important information every invictus investor/donor should know.   I also believe it should be the marketing director Brian who should be doing most of the on-camera press, blogging and evangelizing.  Daniels time is very valuable and he is not well suited for the role of spokesman. 

I am a fan of conferences when you need to make deals happen or need money, but if the goal is to "get the word out" I can't see any potential reason why going to the texas event should be more important than crafting a strategy to address the tens of thousands of people who are predisposed to being interested in Invictus's products but have never heard of them because there has been almost zero web outreach and the web presence for invictus continues to be insufficient to educate or inform all but the most dedicated and non-time-constrained supporters.    Invictus does not need money and they don't need thought leadership, which is the reason to give a talk - they need to deliver on a media strategy and deliver on their products. 

As they say, you don't starve - you drown.  I'm a huge invictus supporter and think the vision is right on but execution has been lacking and communication/marketing abysmal.  Please prioritize so I can stop complaining.

I agree with this. There is almost no presence on Bitcointalk.

I recommended early on that Invictus use bounties to get people us to put their website in our signatures. That is the least they could do. For the right amount of protoshares most of us would gladly advertise and market any website Invictus wants marketed.

But instead they've decided to go with this centralized top down marketing campaign. So where is the leadership? Where are the advertisements?

There should be ads on Reddit at least.

My suggestions:

* STOP Keyhotee UI development. Deploy the blockchain, get a CLI client and let people integrate it into stuff on their own. This is a *massive drain of precious angel resources*
* Dan focus on BTS X and BTS DNS and nothing else. Let someone else do "ceo" tasks, including kicking the marketing team into shape

I'm very strongly tempted to come to I3's offices and help them organize all their shit over spring break...

They have all these angelfunds and they have people on this forum willing to do marketing. Why not use the community to do marketing? We all own PTS/AGS and we all want more, so they have ways to give us incentives to market whatever information they want us to market but they aren't giving us any talking points, any websites or signature codes, etc.

I think Keyhotee is critical and should have been released first. So I'm glad they are spending money on it, but I think marketing is probably the most critical and it's easy to do when you have the money.

Put an ad on Reddit. A lot of people go there and when the Bitshares client is ready that is the best place to find people. Also set up some sort of referral or viral marketing campaign for Keyhotee. If we have Keyhotee ID's there is no reason why they cannot give us a referral incentive.

Unless the system has changed, when I checked in December reddit ads on the /bitcoin sub were sold out for months in advance. 
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Offline luckybit

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We had a bitcoin meetup yesterday in napa, had 9 people show up.  Every person there knew about Ethereum, NXT, and Mastercoin.  Four of them knew about Counterparty, one knew about eMunie.    None of them knew about Protoshares, Bitshares or Invictus innovations.   When I explained to them about the bitshare snapshot they were all interested but unfortunately they didn't know about it, seven of them were LTB listeners

Counterparty launched their blog yesterday (that is, a protocol that raised no money and has no paid staff, but does have a working distributed asset exchange, distributed betting etc) and announced their medium-term security audit and protocol upgrade strategy.  I would really encourage invictus to emulate them ASAP and get at least a temporary blog up that can be the central repository for the most important information every invictus investor/donor should know.   I also believe it should be the marketing director Brian who should be doing most of the on-camera press, blogging and evangelizing.  Daniels time is very valuable and he is not well suited for the role of spokesman. 

I am a fan of conferences when you need to make deals happen or need money, but if the goal is to "get the word out" I can't see any potential reason why going to the texas event should be more important than crafting a strategy to address the tens of thousands of people who are predisposed to being interested in Invictus's products but have never heard of them because there has been almost zero web outreach and the web presence for invictus continues to be insufficient to educate or inform all but the most dedicated and non-time-constrained supporters.    Invictus does not need money and they don't need thought leadership, which is the reason to give a talk - they need to deliver on a media strategy and deliver on their products. 

As they say, you don't starve - you drown.  I'm a huge invictus supporter and think the vision is right on but execution has been lacking and communication/marketing abysmal.  Please prioritize so I can stop complaining.

I agree with this. There is almost no presence on Bitcointalk.

I recommended early on that Invictus use bounties to get people us to put their website in our signatures. That is the least they could do. For the right amount of protoshares most of us would gladly advertise and market any website Invictus wants marketed.

But instead they've decided to go with this centralized top down marketing campaign. So where is the leadership? Where are the advertisements?

There should be ads on Reddit at least.

My suggestions:

* STOP Keyhotee UI development. Deploy the blockchain, get a CLI client and let people integrate it into stuff on their own. This is a *massive drain of precious angel resources*
* Dan focus on BTS X and BTS DNS and nothing else. Let someone else do "ceo" tasks, including kicking the marketing team into shape

I'm very strongly tempted to come to I3's offices and help them organize all their shit over spring break...

They have all these angelfunds and they have people on this forum willing to do marketing. Why not use the community to do marketing? We all own PTS/AGS and we all want more, so they have ways to give us incentives to market whatever information they want us to market but they aren't giving us any talking points, any websites or signature codes, etc.

I think Keyhotee is critical and should have been released first. So I'm glad they are spending money on it, but I think marketing is probably the most critical and it's easy to do when you have the money.

Put an ad on Reddit. A lot of people go there and when the Bitshares client is ready that is the best place to find people. Also set up some sort of referral or viral marketing campaign for Keyhotee. If we have Keyhotee ID's there is no reason why they cannot give us a referral incentive.

« Last Edit: March 03, 2014, 02:42:16 am by luckybit »
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Offline AdamBLevine

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I don't think it's too late, but I think opportunity has and continues to be wasted by letting these very basic things go undone.
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Offline oco101

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We had a bitcoin meetup yesterday in napa, had 9 people show up.  Every person there knew about Ethereum, NXT, and Mastercoin.  Four of them knew about Counterparty, one knew about eMunie.    None of them knew about Protoshares, Bitshares or Invictus innovations.   When I explained to them about the bitshare snapshot they were all interested but unfortunately they didn't know about it, seven of them were LTB listeners

Counterparty launched their blog yesterday (that is, a protocol that raised no money and has no paid staff, but does have a working distributed asset exchange, distributed betting etc) and announced their medium-term security audit and protocol upgrade strategy.  I would really encourage invictus to emulate them ASAP and get at least a temporary blog up that can be the central repository for the most important information every invictus investor/donor should know.   I also believe it should be the marketing director Brian who should be doing most of the on-camera press, blogging and evangelizing.  Daniels time is very valuable and he is not well suited for the role of spokesman. 

I am a fan of conferences when you need to make deals happen or need money, but if the goal is to "get the word out" I can't see any potential reason why going to the texas event should be more important than crafting a strategy to address the tens of thousands of people who are predisposed to being interested in Invictus's products but have never heard of them because there has been almost zero web outreach and the web presence for invictus continues to be insufficient to educate or inform all but the most dedicated and non-time-constrained supporters.    Invictus does not need money and they don't need thought leadership, which is the reason to give a talk - they need to deliver on a media strategy and deliver on their products. 

As they say, you don't starve - you drown.  I'm a huge invictus supporter and think the vision is right on but execution has been lacking and communication/marketing abysmal.  Please prioritize so I can stop complaining.
I have to agree. You thing the upcoming website it is to late ?

Offline Markus

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We had a bitcoin meetup yesterday in napa, had 9 people show up.  Every person there knew about Ethereum, NXT, and Mastercoin.  Four of them knew about Counterparty, one knew about eMunie.    None of them knew about Protoshares, Bitshares or Invictus innovations.   When I explained to them about the bitshare snapshot they were all interested but unfortunately they didn't know about it, seven of them were LTB listeners

I think this is great news. Sounds like there's huge upside potential for BTSX, now that the snapshot is taken.

Offline AdamBLevine

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Hi Mr. Levine, there is this bounty for a radio ad for your channel. Nobody is doing it I guess because it's too difficult. If you know how to do it, gogogo :)

It's not worth my time.   It's not difficult to do but it does take time.
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Hi Mr. Levine, there is this bounty for a radio ad for your channel. Nobody is doing it I guess because it's too difficult. If you know how to do it, gogogo :)

Offline toast

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Invictus's only advantage is DACs that make economic sense and are truly value-producing. If Dan can finish BTS X and BTS DNS and put them on coinmarketcap before any of the other projects understand what they're missing then invictus will take off.

Keyhotee will market itself if we encourage devs to integrate it into other systems. We only need a blockchain and network for this! No UI! Stop the $[confidential?]/mo leak, poach 1 worthwhile p2p network engineer
« Last Edit: March 02, 2014, 11:00:41 pm by toast »
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Offline toast

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My suggestions:

* STOP Keyhotee UI development. Deploy the blockchain, get a CLI client and let people integrate it into stuff on their own. This is a *massive drain of precious angel resources*
* Dan focus on BTS X and BTS DNS and nothing else. Let someone else do "ceo" tasks, including kicking the marketing team into shape

I'm very strongly tempted to come to I3's offices and help them organize all their shit over spring break...
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

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I also believe it should be the marketing director Brian who should be doing most of the on-camera press, blogging and evangelizing.  Daniels time is very valuable and he is not well suited for the role of spokesman. 

While I can agree with your stance that I3 needs a central hub for information sharing, I personally was drawn to Protoshares because of Daniel and how he explained Protoshares on several occasions.  One of those occasions was a LTB episode where Daniel had the guys from Mastercoin and Ethereum applauding what he had just said. So, perhaps it depends upon the listener?

I like hearing Daniel talk about this project. I do agree w/you that he has more pressing issues to attend to, but it is Daniel I want to hear from when it's all said and done.

Offline AdamBLevine

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We had a bitcoin meetup yesterday in napa, had 9 people show up.  Every person there knew about Ethereum, NXT, and Mastercoin.  Four of them knew about Counterparty, one knew about eMunie.    None of them knew about Protoshares, Bitshares or Invictus innovations.   When I explained to them about the bitshare snapshot they were all interested but unfortunately they didn't know about it, seven of them were LTB listeners

Counterparty launched their blog yesterday (that is, a protocol that raised no money and has no paid staff, but does have a working distributed asset exchange, distributed betting etc) and announced their medium-term security audit and protocol upgrade strategy.  I would really encourage invictus to emulate them ASAP and get at least a temporary blog up that can be the central repository for the most important information every invictus investor/donor should know.   I also believe it should be the marketing director Brian who should be doing most of the on-camera press, blogging and evangelizing.  Daniels time is very valuable and he is not well suited for the role of spokesman. 

I am a fan of conferences when you need to make deals happen or need money, but if the goal is to "get the word out" I can't see any potential reason why going to the texas event should be more important than crafting a strategy to address the tens of thousands of people who are predisposed to being interested in Invictus's products but have never heard of them because there has been almost zero web outreach and the web presence for invictus continues to be insufficient to educate or inform all but the most dedicated and non-time-constrained supporters.    Invictus does not need money and they don't need thought leadership, which is the reason to give a talk - they need to deliver on a media strategy and deliver on their products. 

As they say, you don't starve - you drown.  I'm a huge invictus supporter and think the vision is right on but execution has been lacking and communication/marketing abysmal.  Please prioritize so I can stop complaining.
« Last Edit: March 02, 2014, 10:40:58 pm by AdamBLevine »
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