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Title: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 27, 2018, 06:00:16 PM BOLT - BLT THE CURRENCY FOR PRODUCERS Join the future economy at join.bolt.bz (http://join.bolt.bz) WHAT IS BOLT CREATE NEW PRODUCTS with Bolt grants. BUILD THE FUTURE ECONOMY by Mining Bolt and selecting which Producers to fund. GROW YOUR IMPACT EXPONENTIALLY with products only available for sale in Bolt. PICK THE ROLE FOR YOU MINERS Pick the products of the future. You choose which products and Producers you believe will succeed. Fulfill Producers' requests as simply as ordering from sites like Amazon. Receive 1 Bolt for each $1 of assistance you provide. Sign up at join.bolt.bz (http://join.bolt.bz) to learn when mining opportunities are available. Enter the affiliate program to earn Bolt passively and gain instant rewards. Only 150 Miners will be accepted into the affiliate program so sign up at join.bolt.bz (http://join.bolt.bz) to learn when applications are available. SPONSORS Be a powerhouse behind Bolt. By picking the Bolt DFOs you believe in and providing them with financial assistance, receive Bolt at a preferential rate. You influence the entire Bolt community, and decide which projects are most critical to Bolt's success - and your own. Sign up at join.bolt.bz (http://join.bolt.bz) and contact us directly on Discord at discord.gg/C9VRysG (http://discord.gg/C9VRysG) to learn which opportunities you can choose to support. PRODUCERS Create your product and put it on the market. Sign up at join.bolt.bz (http://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. BOLT DFO FOUNDERS Run your own Bolt community project. Become a Bolt DFO founder. Your Bolt DFO is a non-profit with a mission statement that enhances the Bolt community. Your project could be anything from developing open-source software, promoting Bolt projects, bringing Bolt grants to new Producers, or anything else you can imagine. Write a business plan, send your resume, and contact the community on Discord at discord.gg/C9VRysG (http://discord.gg/C9VRysG). The community will provide your project with the Bolt grants you need to succeed. BOLT MARKET MINING Producers post requests onto the Bolt market in USD. Miners earn 1 BLT for every $1 of goods they fulfill for Producers, though the exchange rate will change over time. Miners register with the Bolt Market and go through a verification process to prevent fraudulent behavior. Sorting and selection of projects and Producers occurs on the Bolt Market. PRODUCTS Products from Producers funded with Bolt grants are put up for sale on the Bolt Market. These products are only available for sale in Bolt. Miners and others who acquire Bolt can exchange BLT for products at the rate of 1 BLT for $1 of value. The rate will change over time based on exchange prices, but will be prevented from increasing or decreasing by more than 0.4%/day to inhibit extreme price fluctuations. DEVELOPMENT Bolt Market is open source: anyone can run their own Market. The open source software will be complete in early 2019. To be notified when Bolt Market is available, or to register for the closed beta, subscribe at join.bolt.bz (http://join.bolt.bz). AFFILIATE PROGRAM DEVELOP PASSIVE INCOME Earn up to 4% of your invitee's mining rewards for a limited number of Miners who sign up at join.bolt.bz (http://join.bolt.bz). EARN INSTANT REWARDS Earn a 40 BLT bonus for both you and your invitee for your first 15 invites after your invitee completes verification and mines their first 40 BLT. EXPAND YOUR INFLUENCE Promote projects you pick to your network and encourage your invitees to support the projects with the most impact. JOIN EARLY OR MISS OUT Only the first 150 applicants to the affiliate program will be accepted so sign up at join.bolt.bz (http://join.bolt.bz) to be notified when applications are opened. TECHNOLOGY CURRENT Block-Lattice 98,000,000 BLT 1 BLT = 10^16 UNITS Feeless transactions Scalable to over 7,000 TPS FUTURE Diamond Lattice Combines RingCT 2.0 with Block-Lattice Masternodes with staking rewards Half of staking rewards fund DAO Stealth addresses, Ring signatures, and RingCT Private, instant, feeless TOKEN DISTRIBUTION GRANTS: 80% TEAM: 15% BOUNTIES: 5% To create a fair distribution: >>ONLY 10% OF EACH RELEASED ANNUALLY<< See whitepaper for more details. BOLT DAO Masternodes require 4,000 Bolt Each Masternode gets 1 vote DAO funds DFOs based on performance DFOs grow the Bolt ecosystem JOIN NOW OR MISS OUT join.bolt.bz (http://join.bolt.bz) Early members get access to opportunities that won't be around later. *Only 150 Miners may enter the affiliate program. *The number of tokens for Sponsorships are restricted. *There is a quota on Producer grants and many quality applicants. Subscribe at join.bolt.bz (http://join.bolt.bz) to be notified as opportunities become available! LINKS Website: bolt.bz (http://bolt.bz) Join Bolt: join.bolt.bz (http://join.bolt.bz) Discord: discord.gg/C9VRysG (http://discord.gg/C9VRysG) Twitter: twitter.com/bolttoken (http://twitter.com/bolttoken) Reddit: https://www.reddit.com/r/bolttoken (https://www.reddit.com/r/bolttoken) Web Wallet: wallet.bolt.bz (http://wallet.bolt.bz) Github: github.com/BoltLabs/Bolt (http://github.com/BoltLabs/Bolt) Signing Wallet: github.com/BoltLabs/boltvault (http://github.com/BoltLabs/boltvault) Whitepaper: bolt.bz/whitepaper/ (http://bolt.bz/whitepaper/) DISCLAIMER This post is for presenting community ideas and is not a contract, agreement, or notice. Past, current and future events may differ substantially from those outlined here. Do not rely on information in this post to make any important personal or financial decisions. Bolt tokens do not have any tangible value, are not backed by anything, and do not promise the holder any current or future benefits, profit, or value. Anyone contributing to Bolt related projects should do so as a philanthropic effort to build the future economy. This post may change at any time without notice Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 27, 2018, 06:10:08 PM Reserved
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 27, 2018, 07:05:47 PM I love this project and want it to be successful. Thanks Vinxent! This project has been a labor of love and I'm super happy to share it. It really has the potential to majorly reshape how new products get brought into the market. Make sure you sign up! (http://join.bolt.bz) Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: josh_bolt on June 28, 2018, 01:15:59 AM Hi everyone, I'm thrilled to be a part of this project and look forward to working with interested individuals on building their own DFOs! Let's make Bolt the currency of the future!
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 28, 2018, 01:51:16 AM Hi everyone, I'm thrilled to be a part of this project and look forward to working with interested individuals on building their own DFOs! Let's make Bolt the currency of the future! Welcome to the thread! Josh is also hanging out in Discord so if you have any questions feel free to drop by there.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 28, 2018, 02:24:49 AM i'm pretty that this project become successful. very nice platform and competitive people Thanks Logkalog! Come join us on Discord (http://discord.gg/C9VRysG) and chat with us.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 28, 2018, 02:33:38 AM I am very interested and want to participate, looking forward to the cooperation the two sides are nice. If you haven't already, go to join.bolt.bz (http://"http://join.bolt.bz") to participate. We'll notify you as opportunities to contribute become available.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on June 28, 2018, 06:52:29 PM Very interesting project. I've never seen something like this trying to set up an entire economy. How'd you come up with the idea?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: joblessminer on June 28, 2018, 07:30:10 PM I'm so glad to see you're using mining. Will it be ASIC resistant?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dofus on June 28, 2018, 07:43:22 PM Do I need to be whitelisted to participate in the token sale? If so, how can I get started with that?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 28, 2018, 10:03:34 PM Do I need to be whitelisted to participate in the token sale? If so, how can I get started with that? There is no token sale. Bolt tokens are not investments or securities, are not backed by anything, and offer no promise of profit. However, they are available as rewards to members who contribute to the Bolt community. If you wish to contribute, you first need to subscribe at join.bolt.bz (http://join.bolt.bz). We will email you as opportunities to contribute become available. Some DFOs may offer tokens to community members who provide assistance. The first of these will begin this Fall. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: tunnel on June 28, 2018, 10:10:30 PM This is a good project, with a great idea. Can we meat the team members? Did they already do comon projects?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 28, 2018, 10:40:48 PM This is a good project, with a great idea. Can we meat the team members? Did they already do comon projects? Yes you can! Come join the chat on Discord (http://discord.gg/C9VRysG) to meet the team and say hi. Our team is highly educated with a diverse graduate level education in business, economics, art, governance. We are also fortunate to have three highly skilled developers already working on the project. Several of our team members have previous experience with technology and cryptocurrency startups.This is really a great thinking about the future generation.Great project. I will participate and advise everyone. Thank you and good luck in your work! One of the great things about Bolt is when you are contributing, it's really building the actual future economy rather than just another speculative bubble. We all believe it will have a huge impact on the future. Now's the time to get on board, sign up at join.bolt.bz (http://join.bolt.bz) if you haven't already!Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 28, 2018, 10:50:12 PM I'm so glad to see you're using mining. Will it be ASIC resistant? We've redefined mining to adapt to the PoS era. In Bolt, Miners earn BLT by helping Producers. This can be as simple as ordering stuff online to be delivered to Producers to they can create their product. This allows the community to create a fair distribution of BLT to people who have made a real contribution to the project. When you're mining BLT, you're not just earning tokens, you're helping build the future economy.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: luckyman0160 on June 28, 2018, 10:55:57 PM Do I need to be whitelisted to participate in the token sale? If so, how can I get started with that? There is no token sale. Bolt tokens are not investments or securities, are not backed by anything, and offer no promise of profit. However, they are available as rewards to members who contribute to the Bolt community. If you wish to contribute, you first need to subscribe at join.bolt.bz (http://join.bolt.bz). We will email you as opportunities to contribute become available. Some DFOs may offer tokens to community members who provide assistance. The first of these will begin this Fall. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 28, 2018, 11:09:00 PM Do I need to be whitelisted to participate in the token sale? If so, how can I get started with that? There is no token sale. Bolt tokens are not investments or securities, are not backed by anything, and offer no promise of profit. However, they are available as rewards to members who contribute to the Bolt community. If you wish to contribute, you first need to subscribe at join.bolt.bz (http://join.bolt.bz). We will email you as opportunities to contribute become available. Some DFOs may offer tokens to community members who provide assistance. The first of these will begin this Fall. First, keep in mind the legal environment. We have to be very careful about what is allowed and what is not to make sure that we are in full compliance with the law. Fundamentally, Bolt is a philanthropic project and you should not be getting involved if you are looking to make a quick buck. We'll have a promotional bounty campaign for you to join in the coming weeks where you can earn some BLT. Right now, we need to build up a small core dedicated community of individuals to demonstrate that there is interest in the project. If you sign up and join the chat, you will be notified when opportunities are available. We also are offering an affiliate program for Miners, if you read the post. This will begin in Spring of 2019. Check out the whitepaper for more details on how BLT will be allocated towards marketing. Any community member can create a DFO (a non profit) for promoting Bolt. DFOs are funded in a competitive processes by the community. Once a DFO receives a Bolt grant, they can give some of that BLT to their sponsors. However, the operators of the DFO need to be compliant with all local laws and regulations. Several of our community members already have promotional/marketing DFOs planned. These include activities such as events, digital promotion, bounty campaigns, and community outreach. We're lucky that several of the community members have previous experience with marketing other tech and crypto startups. If you want to help out with marketing and promotion, first sign up then hit us up on Discord. Bounties and rewards in BLT will be available in the near future. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: josh_bolt on June 29, 2018, 03:35:42 AM Very interesting project. I've never seen something like this trying to set up an entire economy. How'd you come up with the idea? You picked the right project! We're very excited about Bolt and the economy it will soon foster. Bolt came from a very simple consideration: How can we solve the governance and ecosystem issues with Bitcoin? This led to a reflection on the current state of the cryptocurrency ecosystem, with its bloated transaction speeds, high costs, and security issues. Bolt was designed to address these issues and others, taking the best of some of the top currencies and combining them into a new product. You can read more about our process and the finer details of Bolt's tech in our whitepaper at http://bolt.bz/whitepaper (http://bolt.bz/whitepaper). Why build an economy for Producers? We believe the best way to encourage people to adopt a cryptocurrency is to get people making real products. The unique makeup of Bolt, being PoS but still minable through the interaction of Producers and Miners, is the perfect means by which to build a usable, community-engaged economy piece by piece. We believe a grant-based system is the perfect means to this end as it allows individuals to choose which projects to spend their capital on, while demonstrating BLT's speed, feeless transactions, and anonymity capabilities. Sign up at join.bolt.bz (http://join.bolt.bz) for future announcements! Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dipsomaniac on June 29, 2018, 05:16:53 AM Do I need to be whitelisted to participate in the token sale? If so, how can I get started with that? There is no token sale. Bolt tokens are not investments or securities, are not backed by anything, and offer no promise of profit. However, they are available as rewards to members who contribute to the Bolt community. If you wish to contribute, you first need to subscribe at join.bolt.bz (http://join.bolt.bz). We will email you as opportunities to contribute become available. Some DFOs may offer tokens to community members who provide assistance. The first of these will begin this Fall. First, keep in mind the legal environment. We have to be very careful about what is allowed and what is not to make sure that we are in full compliance with the law. Fundamentally, Bolt is a philanthropic project and you should not be getting involved if you are looking to make a quick buck. We'll have a promotional bounty campaign for you to join in the coming weeks where you can earn some BLT. Right now, we need to build up a small core dedicated community of individuals to demonstrate that there is interest in the project. If you sign up and join the chat, you will be notified when opportunities are available. We also are offering an affiliate program for Miners, if you read the post. This will begin in Spring of 2019. Check out the whitepaper for more details on how BLT will be allocated towards marketing. Any community member can create a DFO (a non profit) for promoting Bolt. DFOs are funded in a competitive processes by the community. Once a DFO receives a Bolt grant, they can give some of that BLT to their sponsors. However, the operators of the DFO need to be compliant with all local laws and regulations. Several of our community members already have promotional/marketing DFOs planned. These include activities such as events, digital promotion, bounty campaigns, and community outreach. We're lucky that several of the community members have previous experience with marketing other tech and crypto startups. If you want to help out with marketing and promotion, first sign up then hit us up on Discord. Bounties and rewards in BLT will be available in the near future. Is it possible to contribute to Bolt financially? Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: 2l84aa on June 29, 2018, 05:25:40 AM How will the miners be paid?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 29, 2018, 06:04:03 AM Is it possible to contribute to Bolt financially? Of course! Starting this fall community members will be starting the first non-profits. Pick which one you want to support and earn rewards in BLT. If you want more info message 4bolt or Josh in the Discord chat.How will the miners be paid? Miners aren't "paid." Bolt tokens have no intrinsic value, aren't backed by anything, aren't securities, and don't promise the holder any benefits or future profits.Miners can earn BLT rewards when they provide Producers with goods. Once the Producer receives the goods, they send the BLT to the Miner. Miners can also earn BLT through the affiliate program. You earn BLT every time someone you invite finishes registration. You also earn a percentage of their earnings. However, the number of people who can enter the top level of the affiliate program is limited, so you should sign up at join.bolt.bz (http://join.bolt.bz) now to be notified as soon as the closed beta is available. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: tunnel on June 29, 2018, 09:14:01 AM This is a good project, with a great idea. Can we meat the team members? Did they already do comon projects? Yes you can! Come join the chat on Discord (http://discord.gg/C9VRysG) to meet the team and say hi. Our team is highly educated with a diverse graduate level education in business, economics, art, governance. We are also fortunate to have three highly skilled developers already working on the project. Several of our team members have previous experience with technology and cryptocurrency startups.This is really a great thinking about the future generation.Great project. I will participate and advise everyone. Thank you and good luck in your work! One of the great things about Bolt is when you are contributing, it's really building the actual future economy rather than just another speculative bubble. We all believe it will have a huge impact on the future. Now's the time to get on board, sign up at join.bolt.bz (http://join.bolt.bz) if you haven't already!Im not a member of discord... and dont like facebook, twitter and other socialmedia. Website and this forum only, I'd like to see the team in ann Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 29, 2018, 04:27:10 PM This is a good project, with a great idea. Can we meat the team members? Did they already do comon projects? Yes you can! Come join the chat on Discord (http://discord.gg/C9VRysG) to meet the team and say hi. Our team is highly educated with a diverse graduate level education in business, economics, art, governance. We are also fortunate to have three highly skilled developers already working on the project. Several of our team members have previous experience with technology and cryptocurrency startups.This is really a great thinking about the future generation.Great project. I will participate and advise everyone. Thank you and good luck in your work! One of the great things about Bolt is when you are contributing, it's really building the actual future economy rather than just another speculative bubble. We all believe it will have a huge impact on the future. Now's the time to get on board, sign up at join.bolt.bz (http://join.bolt.bz) if you haven't already!Im not a member of discord... and dont like facebook, twitter and other socialmedia. Website and this forum only, I'd like to see the team in ann The team is in the whitepaper, you can download it at bolt.bz/whitepaper (http://bolt.bz/whitepaper) Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on June 29, 2018, 06:08:56 PM Is it possible to contribute to Bolt financially? Of course! Starting this fall community members will be starting the first non-profits. Pick which one you want to support and earn rewards in BLT. If you want more info message 4bolt or Josh in the Discord chat.How will the miners be paid? Miners aren't "paid." Bolt tokens have no intrinsic value, aren't backed by anything, aren't securities, and don't promise the holder any benefits or future profits.Miners can earn BLT rewards when they provide Producers with goods. Once the Producer receives the goods, they send the BLT to the Miner. Miners can also earn BLT through the affiliate program. You earn BLT every time someone you invite finishes registration. You also earn a percentage of their earnings. However, the number of people who can enter the top level of the affiliate program is limited, so you should sign up at join.bolt.bz (http://join.bolt.bz) now to be notified as soon as the closed beta is available. They're "paid" in BLT, same as any other miner is "paid" by whatever cryptocurrency they're mining. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: joblessminer on June 29, 2018, 06:41:38 PM Have you consulted with any economists on your model?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: okspam on June 29, 2018, 07:02:25 PM How many ways are there to acquire Bolt? I see you can mine it, any other ways?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 29, 2018, 07:20:30 PM Have you consulted with any economists on your model? Several founding members have a background on economics, econometrics, and statistical modeling. Check out the whitepaper (http://bolt.bz/whitepaper) for more details.How many ways are there to acquire Bolt? I see you can mine it, any other ways? There are many ways to earn BLT.- Mining BLT - Bounty and promotional campaigns - Sponsoring DFOs - Working for DFOs Sign up (http://join.bolt.bz) and get notified as these become available. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: celestio on June 29, 2018, 08:25:32 PM Is the name based on the fact that you have very high transactions per second? (Isn't Ethereum only like 20 vs. your 7000?)
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 29, 2018, 08:39:49 PM Is the name based on the fact that you have very high transactions per second? (Isn't Ethereum only like 20 vs. your 7000?) Yes! We picked the name Bolt because the word has several meaning closely related to the project. The different meanings of Bolt refer to speed, security, scalability, and production.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on June 30, 2018, 07:29:29 PM What would you say is the biggest advantage of using blockchain for this?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on June 30, 2018, 07:55:00 PM What would you say is the biggest advantage of using blockchain for this? We considered using a centralized ledger. Using a decentralized database offers several advantages:
Blockchain based systems do have major disadvantages, the biggest of which is transaction fees, speed, and scalability. That's why we're using the Block-Lattice; it is a gigantic improvement on previous technologies for projects like Bolt by making transactions feeless and essentially instant. The other disadvantage, public visibility of transactions, is resolved with the future tech of the Diamond Lattice. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Crypto_Man1212 on July 01, 2018, 03:00:41 AM Will there be an Airdrop? Have you considered it?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: joblessminer on July 01, 2018, 03:26:05 AM What country is your company based out of?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dipsomaniac on July 01, 2018, 04:24:12 AM Has your project been featured on any news sites or shows?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dofus on July 01, 2018, 04:50:03 AM Where can I get the most up to date news on this platform? Twitter?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 01, 2018, 07:16:56 PM Will there be an Airdrop? Have you considered it? No airdrops. However, there will be lots of bounty campaigns to easily earn BLT.What country is your company based out of? Bolt is not a company, we're a community. Most of us are located in the USA. We're planning to bring the first physical presence to Austin, TX.Has your project been featured on any news sites or shows? No. This ANN thread is the first public announcement of Bolt.Where can I get the most up to date news on this platform? Twitter? Sign up at join.bolt.bz (http://join.bolt.bz) to get the most recent updates. You can also join the Discord channel.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: TheROBER on July 01, 2018, 08:24:07 PM May I ask who your competitors are and what you are doing differently?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: HerrHeimlich on July 01, 2018, 08:34:44 PM I really like the affiliate program. I think it will go a long way in trying to market this project and get more users engaged. Is the process for inviting simple?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bit-joker on July 01, 2018, 08:45:05 PM Does BOLT have any big partners? If so, who?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: xoof on July 01, 2018, 08:50:05 PM Is Bolt a utility or security? Can U.S. investors participate?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: earthcoin on July 01, 2018, 08:53:36 PM This project looks unique. I am wondering how many developers and team members you have working on this project and when you expect it to be complete?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 01, 2018, 09:01:34 PM May I ask who your competitors are and what you are doing differently? Cryptocurrency is a very crowded field, and there's a lot of projects with similar tech to ours.What's different about Bolt is two major things:
I really like the affiliate program. I think it will go a long way in trying to market this project and get more users engaged. Is the process for inviting simple? Yes, it will be extremely simple. Make sure you sign up at join.bolt.bz (http://join.bolt.bz) to get into the affiliate program as soon as the closed beta is available. We're fortunate to have team members who have extensive experience in UI design and usability which shines through all our existing sites.Besides the affiliate program, there may be other ways to passively and actively earn Bolt in promotional programs. Make sure you sign up to get access; most of these programs limit the top level to people who have previously shown an interest in the project by signing up. Does BOLT have any big partners? If so, who? In general, we are not focused on partnerships. Big partnerships are great for getting a temporary boost to a project but usually the other partner exploits the project to service their own needs to the detriment of the community.That said, we have several undisclosed partners we are working with who are providing advice and other support. Some of them may make public statements in the future about Bolt. Since Bolt is a community project we need to attract enough members first. Is Bolt a utility or security? Can U.S. investors participate? Bolt does not have any intrinsic value, is not backed by anything, and does not offer any profit or rewards. We are not looking for investors.US citizens can certainly participate in several ways:
This project looks unique. I am wondering how many developers and team members you have working on this project and when you expect it to be complete? Our core community is now at 50 members and growing; you're also welcome to join! We've had 3 different developers contribute code to the project which you can see on our github (https://github.com/BoltLabs/Bolt). Many of the initial founding team members are listed in the Bolt whitepaper (http://bolt.bz/whitepaper) although several are not listed because they joined recently or wish to remain anonymous. We have scientists, engineers, statisticians, economists, as well as members with previous experience with tech and crypto startups.Bolt really is a unique project. We're radically rethinking how Producers should be funded and how new products should be brought into the world. It's the kind of project that was inconceivable before the blockchain was invented and wasn't possible until recent technological advances in blockchain that have occurred over the last 5 years. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: okspam on July 02, 2018, 07:46:14 PM Has your project been reviewed by any reputable people?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dipsomaniac on July 02, 2018, 10:02:39 PM What do producers with Bolt actually produce?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 02, 2018, 10:36:17 PM I keep reading about DFO's, but I'm not sure what they are.
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 03, 2018, 03:18:17 AM Has your project been reviewed by any reputable people? No one that we can publicly mention at this time.What do producers with Bolt actually produce? The first Producers Bolt will service is artists. We're focusing on artists that have a history of producing objects or performances that can be sold in addition to being outside the mainstream of arts funding. In the long term, any group of Producers you can imagine will be funded with Bolt. One of Bolt's big advantages over traditional funding sources is that Producers don't necessarily need to have a clearly defined consumer product. However, there does need to be demonstrated value in the project for the Bolt community.I keep reading about DFO's, but I'm not sure what they are. DFO is short for Dao Funded Organization. Essentially, DFOs receive grants from the community to perform functions for the community. One of the problems with traditional DAOs is that they attempt to fund projects directly. While this can work early on with small budgets, in the long term there needs to be a larger ecosystem around the DAO. DFOs have a clearly defined mission statement and must have a quantifiable way of measuring their achievement of said mission statement. Anyone can form a DFO; however, the community decides which DFOs to fund through the masternode system. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 03, 2018, 04:59:08 AM DFO is short for Dao Funded Organization. Essentially, DFOs receive grants from the community to perform functions for the community. One of the problems with traditional DAOs is that they attempt to fund projects directly. While this can work early on with small budgets, in the long term there needs to be a larger ecosystem around the DAO. DFOs have a clearly defined mission statement and must have a quantifiable way of measuring their achievement of said mission statement. Anyone can form a DFO; however, the community decides which DFOs to fund through the masternode system. This actually makes perfect sense to me! I think it's awesome you can vote on which ones are funded. I guess people will get a chance to pitch their DFO's to get enough votes to get funded? Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: cattano on July 03, 2018, 05:23:08 AM The referral for mining does seems interesting, we even get a reward each time our referral making a progress on their mining.
I think this really is a good opportunity to build our passive income. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 03, 2018, 08:31:06 AM This actually makes perfect sense to me! I think it's awesome you can vote on which ones are funded. I guess people will get a chance to pitch their DFO's to get enough votes to get funded? Yes. Right now the process if very informal, we are just discussing potential DFOs in the Discord chat. In the future we will be building a GUI to easily allow everyone to see, discuss, and vote on funding for DFOs. Feel free to join in with your own ideas! The referral for mining does seems interesting, we even get a reward each time our referral making a progress on their mining. I think this really is a good opportunity to build our passive income. It's a great way to earn BLT! And in the process, you and your invitees are generating a lot of value to the community, creating a positive feedback loop. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 03, 2018, 01:57:30 PM This actually makes perfect sense to me! I think it's awesome you can vote on which ones are funded. I guess people will get a chance to pitch their DFO's to get enough votes to get funded? Yes. Right now the process if very informal, we are just discussing potential DFOs in the Discord chat. In the future we will be building a GUI to easily allow everyone to see, discuss, and vote on funding for DFOs. Feel free to join in with your own ideas! Where can I find a link to your discord, this is reminding me of the show Shark Tank for some reason lol. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: josh_bolt on July 03, 2018, 06:03:24 PM This actually makes perfect sense to me! I think it's awesome you can vote on which ones are funded. I guess people will get a chance to pitch their DFO's to get enough votes to get funded? Yes. Right now the process if very informal, we are just discussing potential DFOs in the Discord chat. In the future we will be building a GUI to easily allow everyone to see, discuss, and vote on funding for DFOs. Feel free to join in with your own ideas! Where can I find a link to your discord, this is reminding me of the show Shark Tank for some reason lol. Hi Dreaming, here is a link to our Discord: https://discord.gg/6tC7adP (https://discord.gg/6tC7adP). Please feel free to invite as many people as you can! We would love to discuss potential DFOs with you. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 04, 2018, 05:35:36 PM This actually makes perfect sense to me! I think it's awesome you can vote on which ones are funded. I guess people will get a chance to pitch their DFO's to get enough votes to get funded? Yes. Right now the process if very informal, we are just discussing potential DFOs in the Discord chat. In the future we will be building a GUI to easily allow everyone to see, discuss, and vote on funding for DFOs. Feel free to join in with your own ideas! Where can I find a link to your discord, this is reminding me of the show Shark Tank for some reason lol. Hi Dreaming, here is a link to our Discord: https://discord.gg/6tC7adP (https://discord.gg/6tC7adP). Please feel free to invite as many people as you can! We would love to discuss potential DFOs with you. Thanks a lot for the link! I'd love to hear some ideas and be able to weigh in on them and possibly even get involved. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: joblessminer on July 04, 2018, 05:55:27 PM Where is Bolt based out of? The US?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 04, 2018, 06:06:14 PM Where is Bolt based out of? The US? Almost all of the team is in the USA. We also have members from Korea, China, and Brazil. Our first sets of grants will also be in the US. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: BlitzandBitz on July 04, 2018, 06:22:06 PM If a project doesn't get funded, can they try again the next funding period?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 04, 2018, 06:41:34 PM If a project doesn't get funded, can they try again the next funding period? Short answer: Yes. Long answer: If by project you're talking about DFOs, then if a DFO doesn't get funded then the reasons for why that is need to be broken down. Is the team too inexperienced? Was it funded before but failed to achieve results? Whatever the reason, DFOs are responsible to the community and need to be excellent in every aspect. If instead you mean Producers, then it gets a bit more complicated. Producers are funded in BLT by DFOs, which have many different goals, geographical focuses, and available funds. While it might make sense to reapply for funding from the same DFO, an unfunded project might just mean that your work is outside the scope of that DFO. If so, look for other DFOs to apply for grants from or bring up the issue with the community to found a new DFO to fill in the gap. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: GoBelle on July 04, 2018, 06:54:37 PM Would the system be built on Ethereum with ERC-20 or are you making a new system entirely?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 04, 2018, 07:08:33 PM Would the system be built on Ethereum with ERC-20 or are you making a new system entirely? Bolt is forked from Raiblocks and will eventually add staking, masternodes, and privacy with the Diamond Lattice. The speed, privacy, and cost of the Etheruem network makes it nonviable for us although it is great for many other projects.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Murile on July 04, 2018, 07:50:08 PM Wow! It seems to be a great idea for those of us who work as a freelancer. Hopefully believe it will taste the success. All unsold tokens will be burnt?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 05, 2018, 08:04:08 PM Would the system be built on Ethereum with ERC-20 or are you making a new system entirely? Bolt is forked from Raiblocks and will eventually add staking, masternodes, and privacy with the Diamond Lattice. The speed, privacy, and cost of the Etheruem network makes it nonviable for us although it is great for many other projects.I just assumed this was ERC-20 based like every other project, that's freaking awesome you guys are using Raiblocks! I've been a big fan of theirs for quite a while now. Can't beat their transaction fees. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 05, 2018, 10:55:46 PM Wow! It seems to be a great idea for those of us who work as a freelancer. Hopefully believe it will taste the success. All unsold tokens will be burnt? Freelancers can work for Producers to earn BLT, or apply for grants for their own projects.Since there isn't an ICO, we don't need to burn any more tokens. The tokens are released at a rate of no more than 10% per year. Would the system be built on Ethereum with ERC-20 or are you making a new system entirely? Bolt is forked from Raiblocks and will eventually add staking, masternodes, and privacy with the Diamond Lattice. The speed, privacy, and cost of the Etheruem network makes it nonviable for us although it is great for many other projects.I just assumed this was ERC-20 based like every other project, that's freaking awesome you guys are using Raiblocks! I've been a big fan of theirs for quite a while now. Can't beat their transaction fees. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: joblessminer on July 06, 2018, 04:11:40 AM Are there any other advantages to using Rai other than the ultra low transaction costs?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Crypto_Man1212 on July 06, 2018, 04:43:12 AM Do you have a schedule for bounty campaigns? I heard you're doing multiple bounty campaigns?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Nggedebus on July 06, 2018, 04:47:50 AM Why is this the currency for producers? What about regular people, does that means we can't have this coins?
Will it limiting the investors of this project? Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: BlitzandBitz on July 06, 2018, 05:13:06 AM Will you guys be attending Distributed 2018 in San Francisco July 19?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 06, 2018, 05:23:13 AM Are there any other advantages to using Rai other than the ultra low transaction costs? Speed, scalability, safety. Also the code base is very high quality and easy to build off of. We've forked raiblocks and will add the Diamond Lattice (masternodes + privacy + staking rewards + DAO) in the future.Do you have a schedule for bounty campaigns? I heard you're doing multiple bounty campaigns? We're currently working on an awareness bounty campaign for inviting your friends and followers to sign up to Bolt. If you register at join.bolt.bz (https://join.bolt.bz) you'll be notified when they're ready. I've also been posting updates in the Discord (https://discord.gg/6tC7adP). You'll earn 1 BLT for each invitation who signs up plus half of your invitee's earnings. Your invitees also get 1 BLT and can also invite on their own.We have bounty campaigns planed for miners, finding software bugs, and more. If there's something you'd like to do, feel free to ask and I can see about arranging a bounty for it. Our community is very open to giving people BLT for contributing. Why is this the currency for producers? What about regular people, does that means we can't have this coins? Anyone can earn BLT by Mining; you can also exchange BLT for products made by Producers. However, the focus is on assisting Producers. Mining in Bolt is very different from other currencies in that it is structured to help Producers make real products to build an economy around Bolt.Will it limiting the investors of this project? Bolt is a philanthropic project and we aren't trying to recruit investors. Anyone can contribute to the community by Mining, supporting DFOs, participating in Bounty campaigns, or any other way. However, Bolt is not an investment as Bolt tokens are not backed by anything, promise no profits or rewards, or have any inherent value. Will you guys be attending Distributed 2018 in San Francisco July 19? Bolt is still in too early a stage to consider the conference circuit. Once the Bolt marketplace is in Beta (late fall/early winter 2018) we will begin selecting conferences to attend.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 06, 2018, 07:01:14 PM You say the Beta should be ready before 2019? Is the alpha ongoing? Can I participate?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: okspam on July 06, 2018, 08:14:44 PM Is there a place for designers in the Bolt economy?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 06, 2018, 08:19:37 PM You say the Beta should be ready before 2019? Is the alpha ongoing? Can I participate? 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 (http://join.bolt.bz).Is there a place for designers in the Bolt economy? 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.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 07, 2018, 08:09:23 PM You say the Beta should be ready before 2019? Is the alpha ongoing? Can I participate? 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 (http://join.bolt.bz).It's not too late to sign up at join.bolt.bz is it? Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: earthcoin on July 07, 2018, 11:10:15 PM Is there a Git or something I could take a closer look at how this would actually work from a technical standpoint?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 08, 2018, 01:10:14 AM For a successful ICO 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.Is there a Git or something I could take a closer look at how this would actually work from a technical standpoint? Yes. Check out https://github.com/boltlabs (https://github.com/boltlabs). You should also check out appendix in the whitepaper (https://bolt.bz/whitepaper) on the Diamond Lattice. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: joblessminer on July 08, 2018, 02:40:22 AM What made you guys decide not to do an ICO? You're worried about the regulations?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dipsomaniac on July 08, 2018, 02:44:47 AM Are you guys actively looking for new advisors?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 08, 2018, 03:55:38 AM What made you guys decide not to do an ICO? You're worried about the regulations? 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. Are you guys actively looking for new advisors? 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.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Mavzi on July 08, 2018, 10:16:41 AM Well thoughtout technique of use, excellent marketing campaign. I want the project to develop and live long.
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 08, 2018, 03:24:00 PM Well thoughtout technique of use, excellent marketing campaign. I want the project to develop and live long. 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 (http://join.bolt.bz).Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 08, 2018, 07:45:15 PM Well thoughtout technique of use, excellent marketing campaign. I want the project to develop and live long. 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 (http://join.bolt.bz).How are you guys generating income presently for marketing and development? Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: SpockSenior on July 08, 2018, 07:51:09 PM 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? Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 08, 2018, 08:37:55 PM How are you guys generating income presently for marketing and development? 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. Interesting project. 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."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? 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. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: joblessminer on July 09, 2018, 04:40:02 AM What sort of barriers to entry are there when it comes to Bolt?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Crypto_Man1212 on July 09, 2018, 04:49:14 AM I've been telling all my friends about Bolt. Each and every one of them agree the dynamic is desperately needed.
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: okspam on July 09, 2018, 04:58:54 AM Would you guys consider getting a designer on staff?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: Dreaming on July 09, 2018, 04:59:51 AM What's the most interesting DFO you've seen yet?
Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 09, 2018, 05:36:02 AM What sort of barriers to entry are there when it comes to Bolt?
I've been telling all my friends about Bolt. Each and every one of them agree the dynamic is desperately needed. 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.Would you guys consider getting a designer on staff? 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 (https://bolt.bz/whitepaper) for more details.What's the most interesting DFO you've seen yet? 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 (http://join.bolt.bz) once they've got things ready.Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: xonecoinlovers on July 09, 2018, 06:46:52 AM 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. Title: Re: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** Post by: bolttoken on July 09, 2018, 05:17:14 PM 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. 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.Many chance can be explored through this project. |