Topic: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** (Read 732 times)

You're right. There's a lot of opportunities for a lot of different kinds of production to be funded. Early on we're focusing on art and other easily transportable physical goods. Software projects that utilize Bolt's blockchain are also a priority for funding.

What i though about the project is that, this will act just like developer whose creating some stuff, such as developing some application, games or even build some building.
Many chance can be explored through this project.

• Crypto is a very crowded field where getting heard is difficult, even for projects with strong fundamentals.
• Legal issues are complex and evolving rapidly.
• Many Producers who do not currently use cryptocurrency tend to view the area as a "scam" or "ponzi."

Bolt has several strengths to help mitigate these issues. By filling a very specific unfilled niche, it helps us stand out from the crowd for the right people. As a philanthropic project, Bolt is also able to sidestep many, though not all, of the legal issues surrounding ICOs and money transmission. The philanthropic grant based nature of Bolt also helps mitigate the perception of Bolt as just another cryptocurrency scam.

That's great! In a few days we're going to have a promotional campaign ready where you can earn BLT by inviting others to the community so you'll be able to test and share the technology directly.

We have one person on our team whose core capability is design. Several of the other team members have some degree of design experience. Check out the whitepaper for more details.

We're still in the stage of developing the first set of DFOs. The most important DFOs are the ones focused on developing Bolt's technology, distributing grants, and developing the community. I'm personally most excited about the Bolt Events DFO - they have a really great team with some interesting digital artists involved. We'll notify everyone who signed up at join.bolt.bz once they've got things ready.

What's the most interesting DFO you've seen yet?

Would you guys consider getting a designer on staff?

I've been telling all my friends about Bolt. Each and every one of them agree the dynamic is desperately needed.

What sort of barriers to entry are there when it comes to Bolt?

For the next few months, we're focused on building our core group of supporters. This has several major advantages to an early big marketing push. First, we can quickly modify the project as we get feedback from the community. Second, our current team has enough time, resources, and connections to build an audience and build Bolt software without sacrificing the values of our project for outside funding.

After the core community is built, DFOs are critical to building a larger audience, raising awareness of Bolt projects and services, developing new Bolt-based software, and upgrading Bolt's protocol. DFOs will need to seek out financial sponsorships to fund certain projects, though we expect the majority of the tasks will be done by passionate community participants for BLT.

You're right to point out the similarities between Bolt and Kickstarter. One major difference is how projects are funded. Kickstarter focuses on funding a budget for a particular project while Bolt Miners pick specific goods to deliver to Producers. Another major difference is the rewards contributors receive. In Kickstarter, contributors receive some sort of physical object as a reward. For Bolt, rewards are in BLT.

It's also important to point out that Kickstarter is focused on getting new projects off the ground, while Bolt is willing or even prefers existing projects with a proven track record. Once enough Producers get onto Bolt Markets, it will be possible for Producers to directly Mine from each other by sending goods other Producer's projects require. This makes Bolt's scope a lot larger; its ultimate goal is to build a new economy based around grants.

Interesting project.

"PRODUCERS
Create your product and put it on the market. Sign up at join.bolt.bz and get notified
when new grants are available. Propose your project to a DFO providing grants near you and receive Bolt
to fund your dreams. Miners who select your project will send you the supplies you need. Once your project
is complete, sell your product for Bolt. Show the community your product and we'll share it with potential
customers."

So if I uderstood correctly it is  like a kick starter project?

How are you guys generating income presently for marketing and development?

You've picked the right project. We're transforming the nature of funding production. If you haven't already, make sure to sign up at join.bolt.bz.

Well thoughtout technique of use, excellent marketing campaign. I want the project to develop and live long.

ICOs benefit large institutional investors who may not have the best interests of the community at heart. We've seen a lot of these institutions intentionally crash the value of cryptocurrencies to make a few quick bucks.
At the same time, you're right to point out the regulatory issues, which are only going to grow in the future.
In the end, we decided it was best to pursue Bolt as a philanthropic community based project. That doesn't mean we are going to airdrop any BLT, but it does mean that people who contribute to the community earn Bolt.

We're always looking for advisers to join our community. The few we've had so far have provided incredibly valuable input, especially in finding a strategic niche to fill. Originally our focus was entirely on the tech of the Diamond Lattice, but after talking to our advisers and considering why we are interested in cryptocurrency in the first place, we decided that building a grant based ecosystem was what we wanted to do, and an empty niche to fill.

Are you guys actively looking for new advisors?

What made you guys decide not to do an ICO? You're worried about the regulations?

Bolt is a philanthropic project. There is no ICO; Bolt tokens are not investments, do not have any value, and do not offer any future profits.

Yes. Check out https://github.com/boltlabs.
You should also check out appendix in the whitepaper on the Diamond Lattice.

Is there a Git or something I could take a closer look at how this would actually work from a technical standpoint?

It's not too late to sign up at join.bolt.bz is it?

The Alpha isn't up yet, and it's simple enough that the devs will do most of the testing at that stage. The early Beta will be only open to people who previously signed up at join.bolt.bz.

Yes! There's opportunities for designers to work with DFOs. Designers can also receive grants from DFOs, although the terms of the grants will be different than for production with a physical product.

Is there a place for designers in the Bolt economy?