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ProtoMediaShares
liberman:
I am really interested on this.
Our project WeTube needs exactly this and more.
Please, can you contact me by PM or on IRC? You can find us in #wetube on freenode.
Also, I'm writting a paper here, please download it, I hope it is of your interest:
https://github.com/wetube/wetube-web
I think we can join our efforts and mix ideas.
devilfish:
Ok I've updated the thread title to reflect what I'm up to, I've started writing down all my ideas and those contributed here and in other threads. Should have all that worked through to a stage where we can build off it to improve the initial ideas and actually start implementing a system.
All going to plan a certain cytro-currency which may or may not be useful for this will appear in the next two weeks. I'll use this thread to keep everyone up to date and please send me all suggestions, although it'll be best once a community site focused on this particular project "appears"
devilfish:
Awesome thanks a lot for the responses, want to stay up and read those articles but I need to sleep. Will mull it all over and come back with some ideas to see if they work or not.
Stan:
--- Quote from: luckybit on November 22, 2013, 01:11:34 pm ---
--- Quote from: bytemaster on November 22, 2013, 07:05:47 am ---
--- Quote from: devilfish on November 22, 2013, 05:28:05 am ---I was reading in the religion DAC thread about bittunes. I'm just curious as to weather invictus or anyone else has approached this organisation about the idea of forking from Protoshares? If not I guess that leaves the idea available for implementation?
Also, could this and the APDAC possibly be formed from a more "primitive" DAC simply called "Media" which works on the ideas already expressed but just lays the ground work for the distribution and payment to investors/writers/artists?
Then you could form from the Media DAC a DAC for music, A DAC for news, A DAC for books etc. etc.
Sorry if none of that made sense, my brain has about a million thoughts right now haha!
--- End quote ---
You could fork ProtoMediaShares from ProtoShares which would allow people to speculate on the value of a future media DAC. That said, simply launching a DAC is a lot of effort and there should be a team committed to developing a particular outcome.
--- End quote ---
Would it be better to use Bitshares for this perhaps? Can't Bitshares allow for the prediction market type behaviors we are thinking about?
--- End quote ---
Think of deciding where to fork a DAC the way you would think about inheriting properties in object-oriented software design.
BitShares will have a lot of tools for implementing prediction markets built in and stakeholders who understand and appreciate it, so that would seem to be a natural choice. However you must be careful to distinguish between inheriting code and inheriting stakeholders!
Which set of pre-invested stakeholders do you want to honor and attract first? The whole world or specialists who understand how to use a specialized technology already? Which set of unhonored stakeholders would leave your DAC vulnerable to someone cloning it with a better social contract? Nothing says someone can't announce a social contract that derives the initial genesis stake from multiple ancestors in some weighted way.
Experiment and let market forces teach us the error of our ways. :)
Stan:
--- Quote from: devilfish on November 22, 2013, 05:28:05 am ---I was reading in the religion DAC thread about bittunes. I'm just curious as to weather invictus or anyone else has approached this organisation about the idea of forking from Protoshares? If not I guess that leaves the idea available for implementation?
Also, could this and the APDAC possibly be formed from a more "primitive" DAC simply called "Media" which works on the ideas already expressed but just lays the ground work for the distribution and payment to investors/writers/artists?
Then you could form from the Media DAC a DAC for music, A DAC for news, A DAC for books etc. etc.
Sorry if none of that made sense, my brain has about a million thoughts right now haha!
--- End quote ---
We are concentrating on delivering on our current commitments before looking around for the next batch.
We encourage entrepreneurs that believe strongly in any DAC concept to give it a shot. Read DACS that Spawn DACs at LetsTalkBitcoin.com for our ideas on the steps you might want to take (although you can skip ahead to the steps in Enterprise 3 if you care to leverage what we have already done for you in Enterprises 1 and 2.)
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