Topic: Bitmark - page 135. (Read 622213 times)

No. Any BTM I already hold count to my Bitmark investment - the currency. GetMarked is a service with a specific purpose. And that's why coinsolidation putted it as a separate branch of the project. GetMarked crowdfunding, from an investor perspective, should show quantificable returns, timmings, and detailed goals. Or I'd be thinking what's the gains of a GetMarked investor versus someone who don't care to put some in? Because, one thing is to contribute or donate, other is investment.

Side investments can sum big cash to the project. Donations or contributiuons will just not get people in, imho.

Again, I'm speaking as an investor, not a passionate community member, what "8 BTC to guarantee GetMarked success" mean? How can we measure this success? what is the success we're talking about? If this doesn't make sense, I'll drop it but, tbh, it makes a lot of sense to me.

Any BTM you already hold have to count as well though if you think about it. It's an investment in Bitmark over all not just contained in the ROI you'll see from the mined BTM from it.

I've been digesting all the ideas and oppinions about the GetMarked funding proposal and also coinsolidation real life concearns, etc.

And, as I said, I'll be part of the process and I'll invest what I can on that side-project according to what was proposed. As soon I receive my mensal wage in about 2 or 3 days, I'll invest 0.25 BTC on GetMarked. That's all I can do for now.

Just for the record, 6 BTC equals 6 x minimum wage in my country and is a bit more them the sum of both me and my wife's mensal wages working full time as teachers in a College. This serves just as a side note to open our minds to the different real life realities we have in just a little community like ours.

So, I will treat my funding on GetMarked as a complementary 'investment' and so, I'll expect return, I mean measurable return. And I think I'm not alone here. For now, I've donate 0.03 BTC to the first expenses, I'm mining BTM with my own rigs plus 20MHash of rented rigs for almost a week, and I will put more 0.25 BTC on top of it to help GetMarked started. Some may think is not much but, it really is for me and my familly too. I beleive for some people here it's not so easy to justify to their families "hey honey, I'm gonna put more 200€ on that virtual currency stuff I'm on now ..."

Beside all the importance and possible future gains we ALL may have with the implementation of the GetMarked system, the GetMarked investors will get a share indexed to 20% of the fund. So lets see...

coinsolidation: "As a practical example, 8 BTC could ensure GetMarked's success, 6 BTC would cover all of my time for a full month, allow for budget of resources, and allow to tip the people who help. The 2 BTC would generate roughly 16,000 BTM to distribute to funders."

So, this specific investment will just pay off when 1 BTM = 50k satoshi. Now how far are we from that?

What about https://ghost.org/download/ or http://www.silverstripe.org/ ?

Are these any good? It's been a while since I've done any sort of web project so I'm way out of the loop.

I'd rather not do wordpress but I'm not 100% against it. But getmarked definitely has to have a wordpress plugin at some point! Think of the millions of people who use wordpress being exposed to Marks/Bitmark for the first time. It's like a faucet but for regular people who use the web. Such a massive untapped market of people not into crypto, but this gives them a way to actually use crypto without downloading anything and not risking anything yet.

This forum is open-source (www.simplemachines.org) and sure that one could plug-in the GetMarked system?

There are a lot of CMS/Blog platforms - Wordpress, Joomla etc most have many free and paid modules / plugins for forums etc. but I find them all a bit bloated really and some have security issues?

There you go - GetMarked Wordpress Plugin...

Straight HTML / PHP is lighter in weight but obviously requires much more input...

Apologies if rather basic advice!

I'm thinking about starting a website that will use getmarked. Mainly a platform to publish articles that can be marked and also a forum that can implement getmarked as a karma system at some point.

Anyone have any recommendations as to what framework would be good for something like that?

I agree also however, right now, BTM does not pay bills, mortgage/rent, or put food on the table... These are the 'needs' that must be met to ensure the continued 'family support' - without that, you have nothing.

I would love to donate however my whole portfolio in total is less than a  .3 of btc. Which I got from mininig that cost me about $ 3,500 in loans against my knees for gear. I started contracts because it was $ in the bank to get more gear..

Im going to try and point a couple megahash permanently so I can acquire some coins of my own... only thing stopping me from doin that. Im not sure where to point it  solo one of the pools or is it possible to point it at the foundation's pool

I could not agree more. The Bitmark Foundation needs BTM to ensure Bitmarks future.

I personally just need some help for a very short term in the form of BTC for the project(s) to really reach critical mass. I did everything I could to avoid this, hence no IPO, exchange, premine or anything unfair.

Thank you for your show of support in all ways, you have just kick started Get Marked, I hope it matches or exceeds your expectation over the coming weeks and far beyond.

There are many good people in this growing community. I will do all I can to ensure your efforts pay dividends, and that we have some fun and interest in the process


Help is always valued. For this first side project I feel it is important to set the bar high, I hope this does not sound big-headed. For that reason I want to start it myself with as much engagement from you all as possible, as time progresses hand it over and watch it grow in all of your hands.

This is to be as inclusive as possible to everyone in the process, everything public, it will ensure it's success. Once people see that process working well, they will join and do it too. Anything to encourage adoption on all fronts.

Future adoption based side projects can be launched by anybody, and I will gladly commit as much time as I can to each and every one of them. I only see myself as having an example role whilst we grow, it will reduce over time, becoming more varied.

Get Marked Funding Goal: 0.2/8 BTC

Mark is still committed to Bitmark as a coin. But, the various side projects do take time. This is all open source and community-driven, so I'm sure if someone wanted to step up and take control of the GetMarked project, Mark would gladly let them and focus on the coin's core.

Absolutely - our kids are grown, we have grand-children! Our notion of rewards differ, but only because of the passage of time...

Just sent 0.2 BTC - It's all I can do as I have next to nothing that I can play with but have a firm belief in this project. I do NOT want any BTM in return. I want the Foundation to succeed and its goals to be reached.

 

I feel the same but our notion of reward differs. The reward for me is to create a day job for myself and others doing something with merit.

The plan was to balance time to enable this, the project demands more than I can give for a short time.

Which do I let slip? my family, my paid work (also my family), or bitmark?
Without a little bit of help here it will have to be bitmark, as much as I love everything we do here, I have asked my family to make enough concessions, I cannot ask them not to eat.

Let us not forget that the rewards for anybody who helps, and who is involved and acquiring bitmarks, are potentially far greater.

Yes, making ends meet is definitely not the reward but it's required in order to seek the eventual reward. That was a very good way to put it.

I am looking at any possible way I can help but it will only be a contribution...

Meeting living costs and striking a balance does not = reward, it = survival, whilst hopefully building a 'reward' for all. Without meeting  fundamental needs, working toward the 'reward' is virtually impossible...

Reward = 2 weeks in Barbados 3 times a year, a new car, long term security and stability for one's family etc. etc. These all come later.

I for one could not give up my 'day-job' to pursue my speculation [full-time] for reward, as much as I would like to!

The rewards will be in the projects success, this has been my own approach to the project since inception, and why I was so firmly against IPO/premine etcetera.

Bitmark and it's projects are only possible if my personal balance at home is correct. I find myself in a position where to keep up with Bitmark's momentum and demand at this crucial time means sacrificing the balance, which is not physically possible.

I see this as a one off, because a community is forming who will help maintain balance as the project matures, allowing me to step back a little and restore the balance of Bitmark / Work / Life.

Think of it as a 'kick start' to the project, after one month of showing the potential and lots of hard work. We are not in a speculative IPO position, we have a solid project with lots of valuable interest. I am prepared to put everything I have in to this permanently, earn it's value, but for now, for a short period of time, I need some financial help to solidify what we are doing here.

The proposal came about after I raised the subject with the community, I always promised I would be transparent if there were ever any issues with Bitmark which affected me personally. Here I am doing that, after consulting with the community as to what was the most reasonable risk limiting approach.


Did you read the post about 500 thin clients rather than one bulky full client?


Exactly, we have solved 99% of the problem, the only thing that was never addressed was a fair way to support the developer in the first year at times when a concerted effort is needed.

What is being discussed is the proposal to do that. I live in Europe and have a family, I wish the economic costs of supporting them were lower, but they are not. The amount being discussed subsidises what I would otherwise be making by working for a few weeks, I cannot do both, I have been trying that for weeks.

As an added incentive and show of good will, I would be prepared to send all of the Bitmarks I own 421.67310715 BTM to the first reasonable investor, to be sent back after GetMarked is launched. That way I am putting my full stake in Bitmark on the line, and can only earn it back.

Simply, I am just trying to do some hard work on a project people want to see happen.

Ideally we would all have the resources to be able to focus all of our attention singularly on Bitmark but in reality with living expenses it's generally not going to be possible with out some method of sustaining oneself.

Coinsolidation/Mark has been working like crazy since this idea was born and I don't think he's had much time for much else. Since there is no IPO or no premine that can be sold off the alternative is development funded by donation, or in this case crowdfunded projects that are separate from Bitmark but still add significant value to the project.

This is an issue we've been debating for a long time now, how to ensure sustainable development and proper incentive. Projects like this should pay for themselves many times over, but it's an investment in both Bitmark and an what is basically an open source startup. People will also be able the take to project and expand its scope as an internet value transfer system outside(but still connected to) Bitmark. But that comes after.

As fast as i can (couple of days)

Another thing:
Just read this:

"snapshot support. Devices will never need more than 1 GB of storage or RAM to run full client"

Possibility for Bitmark?
Or how big is Bitmark blockchain in 1,2,3 years?

btw:
I everybody Jill and Bob hates the blockchain because:
1) Takes hours/days for updating
2) space (how much gb is btc?)

In some places in the world 6 BTC in a month is a very good salary. Is this going to be setting a precedent? Will another 6 BTC be required for development next month etc etc.

I am not saying that you (the developer) are not doing great work with Bitmark, but I do think this is potentially a dangerous path. Should the reward not be in the projects success?

Definition of 'Get Marked'
GetMarked is a distributed reputation system, like karma which follows people around the web.

It is something simple which your friends and family can use.

Reputation is given by the process of 'Marking' giving someone a mark for something they have created or shared.

It's implementation and usage is similar to clicking Facebook's 'Like' button, no complicated crypto currency client to be seen.

Reputation systems such as scores, karma, and likes have proven successful, Marks follow people around the web, and also real life.

The novel part is that they are backed by currency, they are literally currency as '1 Mark' is '0.001 Bitmark'.

The more the marking system is used the higher the value of each single mark.

This adds a layer of competition and incentivization for users, they will compete for marks and watch the value rise. Natural milestones exist, to get 1000 Marks, and later 100, adoption milestones where a mark is worth a cent, then ten.

Eventually marking something could be synonymous with paying for something. Marks are to be earned, each mark earned by an individual adds value to all.

Consider marks to be spendable karma, an amusing post on a social network could pay for your coffee, marking a video of the crisis in syria could pay for aid on the ground, marking an article about a mistreated animal could pay for it's shelter, and marking this idea could pay for it's creation.

GetMarked also acts as a faucet. 1,000,000 Marks will be distributed by it to each new user.

Additional marks to send can be acquired by people depositing them from the block chain.

Each users reputation is the sum of all Marks they have been sent.

Their available balance to give as marks to others, to withdraw, or to spend is the balance of inputs they have been given minus any marks they have sent.

The GetMarked system is to be royalty free and open source. It also provides everything needed for services to integrate with GetMarked or Bitmark.

In this manner we can both rapidly grow adoption, stabilize our libraries for services to adopt, and begin the thought process of users considering marks as something to be earned, something with value.

For the most recent incarnation of the specification see Get Marked on the github wiki