Bitcoin Forum

I have an idea and just wanted to throw it at the wall here. As the title suggests I'm thinking of ways to get BTC trending to more of the general populace. I have this idea in my head that I believe just might go viral. Fascination and laughs for all participants assured.

If you are curious and know a thing or two about enabling social media traction, and have a reasonable sum to invest then feel free to PM me.

fdyl


UPDATE/April 09, 2015, 12:22:25 AM Just got this thread moved out of the gambling section. What was I thinking.  :-[

Project Development is definitely where this should be. Tip of the hat to moderator Cyrus for a quick rescue.  :)


UPDATE/ 2015-07-29 16:45 UTC  I haven't given up on the idea here but going to take a different route. Anyone with skills want to brainstorm with me just PM me and we'll see where it goes. Let me know what your skills are and in return I'll set it so that we can discuss in more detailed terms.

Maybe this needs to be somewhere else than under gambling. The games I had in mind were of skill not luck. Not to say that gambling isn't both.

You definitely have to provide more information.
Newbie + sketchy information + looking for investors = Scam, would be the way most people think.

That's often the case panju1...I'm not here to scam anyone and I'm not looking to partner up with scammers but stuff happens. Still, nothing ventured nothing gained also has merit as a blanket statement.

Those who PM me showing interest will get enough information to be able to decide to go further. I'm not directly asking anyone for investment capitol at this time and I expect those of interested that can bring the most to the table, whether venture funds or skills, will likely have a few ideas how to protect themselves. As do I.

fdyl

So many red flags....

whats the difference of pm or posting it in public? If you're transparent enough then you would likely get more interest rather than acting shady.. You claim not to scam, how will we know that other than words and promises?

Obviously the PM function has it's purpose waterpile. For good reason, premature disclosure might very well take the fun(ds) out of this idea for those who understand the term "loose lips sinks ships".

Transparency will have it's time to shine on the blockchain...should it come to that.


For now it's about crossing the Ts and dotting the ayes.

This way is very bad you do not transparent and use newbi account
you should explain in more detail here

Information should be provided publicly. If I was looking to invest in something (which I am not) I would want them to be transparent and I shouldn't have to waste my time PMing someone about something. Many investors are lost because you forcing them to PM you.

As far as trust goes I'm pretty much holding my own with the rest of the posters here, with the exception of waterpile.

I may lose the interest of the fleeting crowd but I'll stick with my theory that someone who practices due diligence would not think much of me, or any ideas I have that might be worth their time, if I succumbed so easily to those who take the time to post here telling me I'm not worthy of their time.

I have a clear agenda. I've stated what I wish to state and I'll stand by my word.


fdyl 

nothing can possibly go wrong trusting a newbie :)

I think I might know a thing or 2 about social media but don't know what's this all about, I am interested in knowing what you have in mind, so pm me if you want and let me know what ideas you have.

I'm beginning to feel I'm just a little too cautious. I get you have reason to suspect me. As you should also understand that I might have reason to suspect any of you. So let's try to do this the "trustless" way shall we?

So I'm thinking setting up an escrow with a very well trusted third party may be the way to proceed. Call it crowdfunding from within the community if you wish. The fact of the matter is I have no intention of sharing my idea with anyone who is not willing to agree to a non disclosure clause to the escrow.

I propose that I ;

1/ set a goal of 100 individual interested prospects willing to put up 1BTC (in escrow along with the non disclosure agreement) for a chance to review the business plan.

2/ upon reading the business plan any prospects will have the choice to exit and in doing so will have their 1BTC returned. Less a nominal fee, yet to be agreed on, for the yet to be agreed on escrow service provider. Consequences such as a person's Trust Score would be affected by those opting out and dishonoring the non disclosure agreement.

3/ those prospects who have read the business plan and find it worth "their time and BTC" can become part owners of the "business" and own .25% of the business. That's one quarter of one percent. This potentially (optimistically) will max out at 25% leaving at the very most least 75% of the business left for future funding that may or may not be required.

4/ those who prove to have the time and skills required to "build and maintain it" will be fairly recompensed at fair market value when returns warrant them, not during concept however...some sweat equity will be required and more from some than others...as in team work.

5/ I will be happy to see this succeed and, as the "originator", will own 1% and, when profit allows receive not more than half but not less than one quarter of the highest annual salary paid to any "employee".  


I think these terms are fair. Certain terms are open to discussion and/or consensus for change. Any feedback would greatly be appreciated. Here, or in PM.


fdyl

Setting up escrow will make it more transparent and create atmosphere of trust among you and investors. People are afraid as there already have been so many scammed. I will give vote up for escrow.

I thank you for your input and support boopy. It's going on 2AM here. So on your optimistic note I will now lay me down to sleep.

You shouldnt take in any consideration to all the negative comment, people will keep on commenting although you have proven yourself, this is how this forum is, and also, due note that some are actually commenting like that because you are a new account which hasnt proven yourself yet

i will follow this project, waiting for an escrow

Any suggestions as to which escrow provider I should approach?

What would a good trust score be? 10+...20+...30+? I expect such service providers would be in the Hero/Legendary strata.

I have to start somewhere folks so a little direction would be greatly appreciated.

I haven't used one before, but there are two good lists of escrow service providers.
https://bitcointalk.org/index.php?topic=855778.0
https://bitcointalk.org/index.php?topic=108716.0

You should find an escrow that is active and has good feedback on their escrow thread.

Thank you Dennis7777, I'll look at those links right now.

Does that mean people, who don't have a lot to invest, but would like to give it a try are not welcome? Only thick wallets, right?
Usually statements like that written by newbies lead to one and the same outcome.

1/ set a goal of 100 individual interested prospects willing to put up 1BTC

100BTC? That's a significant sum, I 'm sure most online casinos start smaller.

3/ those prospects who have read the business plan and find it worth "their time and BTC" can become part owners of the "business" and own .25% of the business. That's one quarter of one percent.

So 1BTC buys me .25% of the business? This means you're estimating the whole thing to be worth 400BTC? Aren't you being overly optimistic?

EvilPanda has brought up some valid points that I'd be happy to answer.

As to "only thick wallets", It may seem that I'm dismissing those who do not have the required 1 BTC to engage in this start up phase but in truth there is nothing I can do, that I'm aware of, from stopping someone from pooling the resources of others to obtain that BTC. However there can only be one person that submits it to the chosen escrow service provider and such account will be considered the only possessor of the .25%. Any issues they have with their co-investors will be theirs alone and not subject to any recourse other than to either buy out any disgruntled co-investors in their group, or sell their position and make things whole on their end.

With that being said, if anyone is found out to be scamming others, and I expect proof can be provided by the complainant(s) there should be a consensus that that investor be in default of good faith and good conduct and their position as an investor and or employee be terminated.    

Besides, once the "games" commence there should be plenty of opportunity for those with smaller amounts to participate. Think revenue stream.

I have no idea what it costs to start a successful casino site. If what you say is true then it bodes well for what I have in mind. Still, I have no intention of starting a casino.


"So 1BTC buys me .25% of the business? This means you're estimating the whole thing to be worth 400BTC? Aren't you being overly optimistic?"

Actually I'm just using simple math. I'm a simple man but I would hope to expect at least 50% of the hundred initial investors will continue on and the brainstorming can begin.

For argument's sake if your .25% stake were to reach that break even point of 400BTC value in the company would you sell your share or continue to let it ride? I think it may be prudent that the company itself arrange to have first position to offer an investor a buy out bid. If it can be sold on the open market for more than the company is willing to buy it back for, then that would be the at the seller's sole discretion.

I hope these answers are to your satisfaction EvilPanda.


fdyl







 

Just a note on my search for an escrow provider. The list provided by Dennis7777 led me to my first choice of contact. I will wait for a reply of acceptance or rejection before I proceed further on that path.

Good luck man. I have doubts you will get one.

What? I just provided OP 2 lists of escrows, and I am NOT and will NOT be the escrow.
Why would I need to have trade feedback to be able to suggest a escrow list?
If you find any of the escrows listed there untrustworthy, feel free to contact marcotheminer and squall1066.

I understand that you want big investors,but ideas are nothing until they are something real

you should have to show a good project,with good profit prospects and the investors will come without calling them,but it is almost impossible to get money from an investor just with an idea. It must be a really good idea to get what you want.

I'd go with squall over marco. Marco is sketch as fuck.

Sorry its me being a complete idiot again :)

No worries waterpile. I don't know anybody here and I'm hoping I've convinced the proper escrow provider to come on board. So things are going at the natural pace for this forum I expect.

We could all do with a little less noise in this thread I think. I'm guessing from the comments that people are not reading it all. I think I've made myself clear as to why I'm choosing not to divulge information that I intend to save for those who take the risk of having to pay an escrow fee as a bare minimum for the privilege of looking over the business plan.

Thanks again to all for being here. This baby's still attached to it's umbilical cord and, like it or not, you all are involved in feeding and keeping it alive. Let's allow an atmosphere of low toxicity. Yeah I know we people still need to let off our gasses...so a polite beg pardon is appreciated if one can't leave quickly enough. Before the brain fart happens.

I do have something I'd like to ask those following this thread. In the trust-less, anonymous world of the blockchain is there any possibility of actually making a non-disclosure agreement enforceable? Any thoughts on this?


fdyl

p.s.
ticoti, I'm somewhat confidant you answered your own argument with that final sentence.  ;)

Please OP after the Escrow selection contact me by MP to come back and watch the updates in this thread.
Now i've not time to follow each reply, but count me in.

Thank you

then why you are wearing bitx sig? :P

Here's somebody who gets it. Patience may be a pain in the ass sometimes but that doesn't make it any less virtuous.


Just did a sig count. Bit-X is blow'n the doors off of the rest in this thread.
I'm guessing that's the case throughout the forum too.

Yeah...this is me quoting myself. :-\ My understanding of the rules is that I stick to a single thread per topic. Maybe I'm wrong. Is there somewhere else on the forum I could find an answer to the above question or would the main discussion board be the place for this?

Also I would like to ask if there is a way this whole thread could be moved to the main discussion board? My understanding of the rules as to where subjects should be posted is probably mistaken. This topic really isn't about gambling. What I have in mind would be more clearly defined here http://www.merriam-webster.com/thesaurus/tournament (http://www.merriam-webster.com/thesaurus/tournament) and the word gambling isn't mentioned.


fdyl

most are addicted to dice, so i dont see any reason for new btc games lol.

Yep, definitely dropped this thread in the wrong place. First three rules of business and I completely forgot them. Location, location, location.

my bad

People want new games, myself as an example. Dice gets kind of boring so any new cool games I will try out. New dice sites I just skip over them because they are all more or less the same and all dice.

So what kind of games do you like funtotry? What makes you unbored? Are the games you're looking for exclusively games of chance?


Note that I've had the moderator move this thread from the Gambling board, in the Marketing section, to here in Project Development. I have no interest in starting a gambling site.


Not there's anything wrong with gambling. If nobody get's too butt hurt. My experience with gambling is discipline is both under and (mixed with adrenaline) over rated.


So are you here now thinking you might be interested in investing in what I'm not selling? ;) 

I've read a lot about distrust and that makes me feel that, besides the lack of government oversight in BTC operations (something we probably find more appealing than discouraging), just as in the "formal" business world, a good way to protect your investment is "having your partner's balls grabbed", if you catch my drift.

Even thinking about reputable escrow services makes me feel dubious. But, case in point, in principle you have the escrow manager's balls grabbed by means of the reputation they aspire to maintain.

I have no thick wallet but hopefully anyone's ideas can help.

Anyhow, how about a game on this fertile topic (distrust in business). There might be potential for it, although I have not the slightest idea on how to structure a game about that.

As some free (hope not 'cheap' and useless) advice, I'll tell you about some game apps in general I've worked at (mainly translating captions).

- Managing a restaurant (something like SimRestaurant, if you will)
- All that kind of fancy RPGs mixed with isometric stuff, _perhaps_ featuring "buy more credits" with bitcoin, say, like that Simpsons game.
- Hey! how about Leisure Suite Lxrry comes to the land of bitcoin?

Oh, and I feel there's still so much to do for Bitcoin to be valued in Latam countries. Whenever you find games (likely to be in English first) suitable for a Spanish speaking market, you might want to consider me as your provider for translation. You stress a lot on how to make viral the app, I have not done much of that myself, but I could always learn of how this is done with this project.

[ I commented on the fun Simpsons app, and I'd like to say I definitely did not translate that app! It's not that good to my taste, but hey, that happens when translators use to many region-specific terms]

Buenas noches, y felices juegos!
S.

I know what you mean about region-specific terms Samperio. I was taught the biggest risk in business is partnering up with others but there's no growth if the workload isn't spread out. Each to their own strengths coupled with judicious pruning of dead branches.

Still it's always prudent to to have one hand over your balls and the other covering your ass. Until you know it's time to relax and raise a glass to success.

In this particular situation I can't see how it can be done without a solid escrow provider but as far as keeping things under the collective hats of the investors through some kind of confidentiality agreement that's binding I can't see any solution so it all comes down to trust and serve.

I'm happy you're willing to help with your translation and there may come the time I'll be tracking these posts to reach out to you.


muy apreciado,

fdyl

New games are always wellcomed.
An example could be the rpg games like cryptodatabase.net/dk for the altcoins.
It is not a Gambling game but it is receiving lot of subscription.

Goldentows is another game paying in BTC from lot of months

myself too, i don't like dice, they pure gambling, i prefer game that does require skill, the more higher the better, and a reward in btc based on score or how many kills, or something else

would be cool to have something like that(there is only hyper for now that have done that, they can be converted to bitcoin)

I've been patiently waiting for a response from my first choice from the list of escrow services provided. Time to move on.

I'm going to ask here if there is anyone, with a long running trusted service, and excellent feedback that is interested. Any readers know of one that might be interested? Then please send them the link.

fdyl

i could be interested but i'm only a faucet owner since 2 years and got just 2-3 transactions in the Forum

Hi ciogun, I know you're the first one to express openly that you have some interest in this project and for that I am grateful. So please don't take this as me showing you disrespect but if this is to gain traction, and hold trust, then the escrow provider would need to be someone experienced and very well trusted by the community. Holding hundreds of bitcoins can be very tempting to some people.

I am trying to proceed with caution, in all regards.

Thank you for your offer.

fdyl

Ok don't worry, if i find someone with more transaction then me i'll communicate here in the thread

Care to share a bit of your plan to us? We can't exactly express our want to join if you don't tell us more..

As I've already stated, a few times, I have no intention of showing my "plan" here in this thread.

So really this thread is about looking for 100 members to put up 1BTC each to look at my business plan. If they don't like it they can get their BTC back (less a yet to be agreed upon escrow service charge).

Those who decide to join in on the project will leave their 1BTC with the trusted escrow provider and gain .25% of "company" and we will move forward from there.

I am not sorry I cannot give further details than what I've already provided within this thread as to do so would be a breach of trust to those 100 members I am searching for.

fdyl

Please update your original post so we can easily know what's going on

Done and done FTM...all in good time. 8)

I want to invest, or give you some tips, I have many imagins, and with that invest, how much do you want, per investor ? I mean the floor. I am not too rich.

The 100 investor plan was a bust so no longer running with that plan at the moment. I've updated the OP, have a read and PM if you wish.

ya don't get if ya don't ask,
fdyl