BitShares Loves Puppies - page 11. | Bitcointalksearch.org

fundomatic

newbie

Activity: 26

Merit: 0

Quote

Here's a candidate who has offered to advance the community 1 year's salary up front if he is elected as a delegate. Essentially lending the network 1.5 million BTS to be repaid out of a delegate revenue stream. The loaned funds allow other mini-projects to be funded up-front without having to wait for funding for them to be accumulated. This is a great opportunity for little guys to get funded and prove themselves before they might otherwise be able to win election as a delegate themselves.

I find this application of DPOS amazing.

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

StanLarimer

hero member

Activity: 504

Merit: 504

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

StanLarimer

hero member

Activity: 504

Merit: 504

Ooops, I almost forgot.

Here a set of links to the mini-project proposals that have been submitted so far.

BitSharesBreakout Proposals Seeking Votes

Maybe it will give you some ideas?

StanLarimer

hero member

Activity: 504

Merit: 504

DELEGATE PROPOSAL OF THE WEEK

From time to time I like to pick out a great delegate proposal and highlight it here so readers can get a flavor for how much is going on with the BitShares platform.

Here's a candidate who has offered to advance the community 1 year's salary up front if he is elected as a delegate. Essentially lending the network 1.5 million BTS to be repaid out of a delegate revenue stream. The loaned funds allow other mini-projects to be funded up-front without having to wait for funding for them to be accumulated. This is a great opportunity for little guys to get funded and prove themselves before they might otherwise be able to win election as a delegate themselves.

Great business model!

Of course, anyone on this forum is welcome to submit such a proposal,
(either as a delegate like bitsharesbreakout or to work on one of bitsharesbreakout's sponsored mini-projects.)

Check out his web site at bitsharesbreakout.com

https://bitsharestalk.org/index.php?topic=13500.msg176337#msg176337

Quote

Delegate : fund.bitsharesbreakout

http://bitsharesblocks.com/delegates/delegate?name=fund.bitsharesbreakout

Site : http://bitsharesbreakout.com

Objective : To fund critical projects on an as needed basis without waiting for delegate funds to accrue.

Initially, as a show of good faith, there will be 1.5 Million BTS available for funding projects.

Anyone can start submitting project proposals now. If approved, and BitsharesBreakout is elected, the funds will start flowing.
1.5 Million BTS is not a lot but its roughly 1 years worth of delegate pay. By electing BitsharesBreakout you're making those much needed funds available now.

Update: I've begun funding projects before getting elected.
In addition, Community members can support specific projects by sending donations to:
BTS: bitsharesbreakout

with a memo of the desired project to support.

These donation will be payed back in a first in first out manner as delegate funds are receive.
Note: there is no guarantee the delegate will be elected and therefor no guarantee your donations will be refunded.

Funds Flow: 10% will be kept by BitsharesBreakout to cover expenses and compensate my time and service.
90% will be used to fund projects and/or repay pre-funded projects
Any funds received in excess of funded projects will be burned unless there is some reason to accumulate for a larger project.

Because BitsharesBreakout is prefunding with 1.5 million BTS.
The community essentially has 1 year to evaluate the performance of BitsharesBreakout and its sponsored projects.

If at anytime it is deemed that BitsharesBreakout is not acting honestly or hasn't produced quality results with spent funds.
BTS voters can remove the delegate and BitsharesBreakout will take the loss.

At this time I am the sole controlling member of BitsharesBreakout, and I consider the entire community my advisers.
All major projects requiring a large sum, will likely be discussed with community members thoroughly before funding.

Some initial examples of possible/probable projects that will receive funding:
Exchange integration
Gateway development
Developer incentives
Marketing projects/materials

I fully expect most submitted project proposals will not be accepted, as I am looking for high quality, critically important projects to fund.

Please visit http://bitsharesbreakout.com and submit you project for review.
*bear in mind I am not a web developer so the site is nothing fancy and currently lacking some functionality/content.

Please vote now and support this delegate : fund.bitsharesbreakout

http://bitsharesblocks.com/delegates/delegate?name=fund.bitsharesbreakout

feedback is welcomed and encouraged. Thanks.

Community Donation Support:

* onceuponatime
* cass
* bitscape
* Aloha
* pheonike

Thank You!

UPDATES
Update#1: Funded projects : Rap Song & Info-Graphics
Update#2: Funded projects : Raffle Giveaway

StanLarimer

hero member

Activity: 504

Merit: 504

I guess my marketing guys were finally right - it was just a matter of holding out long enough!
(Rats, I lose my OP bet.)

Welcome DE - We needed some more eyeballs here.
(The NXT guys had apparently conceded that dogs are much better judges of great crypto companies than cats.)

Nobody wants to read a thread where everybody agrees.
(Although I guess they all might agree that I would make a good used car salesman.)

"Honest Stan's Used Crypto Keys"

Hmmmm. I like the sound of that.

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

StanLarimer

hero member

Activity: 504

Merit: 504

Max Wright Does it Again

Decentralized Bitcoin Exchange

This is a great video that explains how you can trade bitcoins free of nearly all counterparty risk.

Here are a couple screen shots to pique your interest...

StanLarimer

hero member

Activity: 504

Merit: 504

I enjoyed this whole thread.
Here's an excerpt that will take you to the whole thing if interested...

Quote from: bitcoinTrader on June 09, 2011, 09:01:03 AM

Quote from: rb1205 on June 09, 2011, 08:57:02 AM

I think the reason it i unlikely is the lack of leverage in the bts system.

Consider with $1million dollars you can control half a billion dollars worth of gold on the COMEX. That is why in those markets the tail wags the dog. ie:The paper price of gold dictates the physical price of gold.

On BTS 1 million dollars would only allow you to control $500k of gold at best. There is no chance of the tail wagging the dog on bts. But even if it did, then the COMEX and other markets demonstrate that when paper products out number physical supply the markets still function.... until they don't.

And this is how BitShares represents a fundamental new technology for the creation of honest markets, insentivizing a higher level of honesty in all markets.

I love BitShares.

StanLarimer

hero member

Activity: 504

Merit: 504

** DISCLAIMER **

While BitShares does indeed love puppies, this is not to say that all puppies share BitShares' non-violent philosophy about how to deal with distasteful things like, say, cats.

We neither condone nor tolerate this kind of puppy behavior!

In fact, long ago (well weeks and weeks ago, actually) Bytemaster did an interview with Max Wright talking about Where Can Blockchain Technology Take Us?

It's far more than just crypto-currencies or even decentralized exchanges producing stabilized smart coins. It talks about engineering non-violent solutions to everything.

Quote

In this video I am interviewed by Max Wright about where BitShares and blockchain technology are going to take us. I go into the importance of non violence combined with profit motive and not giving up on the search for technological solutions for securing our life, liberty, and property.

--Bytemaster

StanLarimer

hero member

Activity: 504

Merit: 504

Here's a nice short and easy to understand explanation of What Is A BitAsset? by Kyle Torpey in the UK.

jones_

member

Activity: 63

Merit: 10

Quote from: ThomasVeil on February 28, 2015, 04:54:45 PM

Quote from: StanLarimer on February 27, 2015, 10:47:33 PM

If you have a puppy, you inherently have good karma, and BitShares come to you!

So that means BitShares-people kill puppies when they're about to become adult!
I knew it all along!!!

Quote from: jones_ on February 27, 2015, 10:13:32 PM

There was talk of pointing an nxt alias with bitmapdata to an account, so the account could have a custom image associated with it, but I haven't implemented it yet. Linking an accountid to a picture can bring that human element into a normally computer-like string of random characters.

Please don't do the face thing. You can see from the robots example why that is a bad idea.
The pattern is much better.
....though somehow I see near-swastikas in each of them above. Guess it confirms my earlier suspicion Cheesy

just a user-defined 16x16 pixel image, I could dynamically generate them for accounts and assets too, that might be cool.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: ThomasVeil on February 28, 2015, 04:54:45 PM

....though somehow I see near-swastikas in each of them above. Guess it confirms my earlier suspicion Cheesy

I see shurikens.

ThomasVeil

sr. member

Activity: 252

Merit: 250

Quote from: StanLarimer on February 27, 2015, 10:47:33 PM

If you have a puppy, you inherently have good karma, and BitShares come to you!

So that means BitShares-people kill puppies when they're about to become adult!
I knew it all along!!!

Quote from: jones_ on February 27, 2015, 10:13:32 PM

There was talk of pointing an nxt alias with bitmapdata to an account, so the account could have a custom image associated with it, but I haven't implemented it yet. Linking an accountid to a picture can bring that human element into a normally computer-like string of random characters.

Please don't do the face thing. You can see from the robots example why that is a bad idea.
The pattern is much better.
....though somehow I see near-swastikas in each of them above. Guess it confirms my earlier suspicion Cheesy

StanLarimer

hero member

Activity: 504

Merit: 504

Quote from: Come-from-Beyond on February 28, 2015, 11:01:23 AM

Quote from: StanLarimer on February 28, 2015, 10:55:35 AM

Elected delegates publish price feeds and the block chain picks the median value.

Median value as sum of values divided by number of values?

No, that would be called the "mean".

"Median" cannot be affected by willful outliers since it is guarded by all the other feeds on both sides.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: StanLarimer on February 28, 2015, 10:55:35 AM

Elected delegates publish price feeds and the block chain picks the median value.

Median value as sum of values divided by number of values?

StanLarimer

hero member

Activity: 504

Merit: 504

Max Wright's #1 best-selling book is now available in video form.

BitShares 101 the Movie

StanLarimer

hero member

Activity: 504

Merit: 504

Elected delegates publish price feeds and the block chain picks the median value.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: StanLarimer on February 28, 2015, 09:55:58 AM

The blockchain holds the collateral and will automatically pay the agreed amount to the two parties - like a robotically trustworthy third party escrow agent.

How does the blockchain know the price?

Topic: BitShares Loves Puppies - page 11. (Read 23219 times)