You should read this

[toast]

forking discussion about airdropping/honoring Namecoin for .p2p

https://bitsharestalk.org/index.php?topic=4126.0

[JoeyD]

My investment strategy is pretty similar to the ideas posted here, I'd have no qualms with spending 9 out of 10 of my "shares" if the remaining share is on a 10x more valuable network. (Disclaimer, but that does not mean I'd like to burn 9 out of 10 and have nothing to show for it)

Maybe a lottery distribution system could be built in like the bitcoin-issuance model that rewards people participating in the network to help bootstrap the system(s).

[gamey]

If this marketing campaign could attract only half the bitcoin population to use bitshares I would even be willing to give up 50% or even more. Imagine how much other DAC's would make then. I can wait a few years for my millions 

I tend to agree with this.  Giving away what amounts to Cryptsy points is not going to "win over" anyone because the stake would be so inconsequential.  Some will find it insulting.  I never bothered to claim my MMC once i realized their value.

Again, I would say that you normalize the amounts in some manner.  Not evenly per address, but not at 1:1 ratio with the other currency.  The idea is to distribute evenly, not pay those who have a large stake in BTC.  It sounds like socialism but really has little to do with it.

[CrazyCriple]

If this marketing campaign could attract only half the bitcoin population to use bitshares I would even be willing to give up 50% or even more. Imagine how much other DAC's would make then. I can wait a few years for my millions 

[mf-tzo]

hahaha..Ok but...The market valued MMC in this place and has nothing to do with the 0.1% that they gave to PTS holders.

The fact that a newbie learned how to claim his coins and read about this coin which would otherwise wouldn't have done that is marketing campaign achieved! It doesn't make a difference if you give 0.1%, 1% or 5%. What you want to achieve is only to make more people aware that hey... there is that coin as well. Let's read about it... If MMC has given 10% of it's stake to PTS holders then all of us would have just sold them the minute we claimed our coins and we would have affected the price... That would have been free money "airdrop" and should be avoided... My country coin would not give to Greek people free money so they can dump them as all the current country coins... It will be a campaign that will raise confidence as AGS and the coin will get true value as most people will learn about it slowly and new business will accept it as payment before it is even launched (P.S. there are already 3 different teams of Greekcoins with no real business plan...Idiots!!!) since they will have some small amounts of "free money"... anyway I am gettting out of topic here...

Small donations never hurt!! Sometimes you only need 1 big investor to believe in what you are doing!!

I don't think it would hurt to donate some BTS a very small amount to BTC or Doge holders just in case you can get the attention of some investors.

[Empirical1]

What Memory coin did was really good. The $ amount that I received was ridiculous back then but... I learned how to claim my coins and learned more about the whole procedure. I was a completely newbie and learned how to claim my coins!!! That was amazing for me! Secondly I learned about memory coin. I read about it!!

Yeah that was an amazing campaign! Memorycoin now has the 72nd largest market cap with a value of $140 000! They built such a big following with that technique 

(Sorry it's not a bad point you're making, I'm feeling sarcastic today, personally I didn't claim my coins or do more than open their web page at the time, (I later bought MMC for a brief period because I learned about some of it's USP's on Bitcointalk, but had they given more than 1% yes it may have made a difference, also Bitshares X should have a decent starting market cap.) 

[mf-tzo]

I fully agree with airdrop marketing free coins etc...
Currently I am trying to convince the Greekcoin community to create the first true country DAC coin, raise funding with "greekshares" style like AGS and honor mostly PTS holders and with a smaller portion some other coin communities a small portion just for marketing reasons (BTCs, LTCs, PPC etc..). People really underestimate some times the benefit of a small portion of free coins for marketing in an existing community. What Memory coin did was really good. The $ amount that I received was ridiculous back then but... I learned how to claim my coins and learned more about the whole procedure. I was a completely newbie and learned how to claim my coins!!! That was amazing for me! Secondly I learned about memory coin. I read about it!! and finally when i have decided to sell my memory coins i am pretty sure that i didn't affect the price  of the coin whatsoever...

[Empirical1]

Lets say BTS X has a circa $20 million CAP when it starts trading. We're now considering giving away 5%, or about $1 million of our equity...

12 600 000 divided by $1 million = $0.08 cents of value for each Bitcoin. (Or $0.02 for every $100 of Bitcoin owned.)

- Most people have a lot less than 1 Bitcoin
- Bitshares has been around long enough for those interested to hear about it and get involved.

We're hoping that by giving the average Bitcoin holder, who hasn't yet been interested in Bitshares somewhere between $0.01 to $0.08 of equity it will generate a lot of buzz, create goodwill, viral marketing and sway them to becoming potential BTS X users...

What about a smaller coin like Dogecoin? Some might argue Dogecoin generates just as much advertising & has an active viral marketing type community. So how well would a $1 million/5% equity airdrop work targeted at them?

Dogecoin only has a market cap of $28 000 000, so our $1 million drop would give them $3.5 for every $100 of Dogecoin they owned. (Vs. giving Bitcoiners $0.02 for every $100 they owned.)

Which would generate more of an impact? Anyway that's something to consider...

I'm not for/against airdrops atm or for against Doge/Bitcoin/other just trying to play devil's advocate and put my initial thoughts out there.

[sumantso]

Regarding the initial distribution problem which plagues NXT, MSC etc and caused a lot of negativity (including from me ), I should point out that Bitshares is still in the initial phase. You can't buy Bitcoin for pennies, or get NXT, MSC, XCP etc at IPO prices; but you can get AGS/PTS at almost all time low prices. BTS X has already been distributed, but with the initial release being just a DPoS coin without any functionality, the price should be low too.

What I am saying is that while the airdrop idea sounds good, we should also try to make it known to all  those who might be interested and to get in at IPO prices. I was lucky that I saw the PTS pre-ANN at BTCtalk (which was also lucky too as I hardly venture there these days) and subsequently got involved. I bet there are a lots of others who would like to get in now but are not aware.

[CalabiYau]

Interesting marketing perspective - I am in with 5% of my bts stash

[fuzzy]

Good Idea but right now we can donate only "air"...

Not really. It is pretty much ready for release... they just want to extensively test it

[liondani]

Good Idea but right now we can donate only "air"...

[gamey]

I like this idea.  One thought I had is that once you provide blockchain entries for all those keys, then there becomes a dangerous co-mingling of keys. 

For example, naive users could be tricked into giving up the key to their btc wallet to redeem their bitshare variant.  Tread carefully and spread as much information as possible when you do this.



edit - You can scale the coins by currency.  Like allocate 10% to BTC, 10% to LTC, etc.  You can also scale per account balance.  Using logarithms perhaps. So that the guys with the largest share of btc don't get the largest share in the new currency.  Thats what would really win over a fan base.

[fuzzy]

We should sticky something more formal on this.  I honestly see this as a place where it might be faster and more possible to just add to the initial number of tokens if we cant get enough of the ckmmunity in board in a specific period of time though.

There is, of course, another option...to pay out an a % of the 5% dividends proportionality over the first say...6 months to doge and btc holdrs.  In this way, it not only incentivizes btc and/or doge communities to check into bitshares, but also incentivizes them to help bootstrap massive adoption of the exchange because in this case the volume would dictate the degree of payout. 

Also, you long ago stopped boasting of dividends so it is less likely you will frustrate your initialmuser base and if you do, it would always be possible to see about upping the %of shares awarded in other DACs by, say 2x what we give out in dividends.  Thoughts?

[onceuponatime]

So far donkeypong, fuznuts, onceuponatime, and I have pledged a bounty of a few hundred PTS worth of Bitshares to “airdrop” onto Bitcoin and Dogecoin holders at a snapshot date TBD.
 
Can somebody who knows computers please set this up, and you can have 5% of our donations.

Anybody else who “gets what Dan is saying in the video” and wants to donate to (invest in) our “Bitshares Airdrop Marketing Campaign” fund please step forward.

Hold your horses there, Poncho. I put 2 conditions to my agreement, and also I can not donate PTS as I am entirely in AGS. If Dan agrees that it is a good idea AND if Stan agrees to organize and implement this, then I will donate 5% of my BTS to this when it becomes available.