dot bit would be even better. Someone get working on a firefox browser plugin as soon as possible
I get an error on the feedback page application error
NoMethodError at /user/mail/compose/server
undefined method `[]' for nil:NilClass
file: compose.rhtml
location: evaluate_source
line: 8
I created ALPACA demo version asset but a few things were confusing as a complete noob to doing so. I might suggest a demo/example of what is required. Mostly the "terms". Would be nice to have examples or links at least to other companies who have created these things.
One thing I didn't understand was issuing shares. I wanted to issue 30 000 shares at 1btc each but when I entered 30 000 it said I only had 60. So some more price feedback is required.
Up to this point there is something missing from the glbse picture. Ive pointed it out before and its pretty obvious there is both a need and a business opportunity.
Personally I think we need more customer service for glbse to take the load off Nefario a bit so he can deal with coding and making the site as good as possible so on that note I am looking for share brokers for glbse. This is an opportunity to form a share brokerage firm which will itself have shares issued on glbse. We need some "founding partners" to control the firm with equal amount if shares. So possibly 4 is a good number. The company has the holding name btcsharebrokers.com
You can walk people through setting up their contracts through to the IPO itself. This might require live skype calls or we might get "gotomeeting" or similar software.
Also helping glbse by collecting their details so we can have a few more "verified" companies on glbse and avoid the money pits of the past.
GLBSE.bit is already taken, if someone can find out how we can get ahold of it I'll pay 5BTC for GLBSE.bit
BitcoinMedia thanks for testing, that feedback link bug has been fixed.
Great idea on the sharebrokers I think that is something that will need to be fleshed out a bit more, let me get back to this in a minute.
I take your point on the issuing assets/shares confusion, you are quite correct in that unless someone totally understands how GLBSE works they're going to have problems.
What I will introduce to tackle this issue is the IPO, we will make this a part of creating the share. Here is how it will work:
You state how many shares are to be issued (of which what percentage or number you or others are too keep a hold of), and when the IPO will happen.
The share/asset will then be created, and an IPO notice made (this will go out in email and an IPO RSS feed), and people can then begin making orders for that share(the bids). And can allow them to decide at what price to sell their share at (i.e. it lets the market price the share). When the IPO date arrives(lets say after 1-2 weeks, whatever the case) the shares are sold to the highest bidders and trading begins.
Now back to your point about share brokers.
I will begin to make it mandatory for shares to have a treasurer and a secretary(each with their own separate GLBSE account). For the share issuer to actually get access to any of their funds they must make a request for a withdrawal, in the request they must state the exact amount to be released and the purpose of the funds. For the funds to be released the secretary and treasurer must then approve the release, and the share creator must also supply receipts for those expenses.
Treasurers and secretaries will be paid a portion of the total IPO funds, as stated in the IPO each month for performing their duties which are to scrutinize the share creators expenses and protect funds on behalf of the shareholders. I foresee people of high levels of trustworthiness performing this task for a number of shares/assets or companies. Their GLBSE identity (which will be verified to their real life identity) will also be listed on the share/asset as the roles of treasurer and secretary.
The purpose of this is to prevent fraud and protect shareholders. This is how we run things at GLBSE/BitcoinGlobal, what do you think?
Nefario
