Read both of the top posts here https://bitcointalk.org/index.php?topic=660544.1440 - it should be enough.

If you see BTM as an investment and want to later sell it for BTC then maybe you should have bought more, and maybe you will come back in 1 year and say why didn't I buy more then too!

If you see marking as the future of money, then you probably have thousands or maybe even millions of marks, so you have enough marks to last you a life time already. Why worry? you can earn more just by doing things you enjoy and being marked.

I see it as this last thing, I have enough already, I can earn more. We even decided that the Bitmark Foundation could keep only 5000 as a reserve, to give to projects and charities in the future. It will be marked for the good work it does, so we don't need to raise funds any more.

Exactly. There is no rush, we are not trying to sell you anything. Pop back in a couple of weeks when we have marking being used actively in a few places and try it, see what you think then. Maybe you could tell us.

Marking is a term, a mark is 0.001 BTM, you can mark with 5 units of precision, 1.23456₥ for example.

Everybody involved already marks everybody every day, all day, it is a natural thing to do. We do not mind giving half a cent or so for a good idea or picture or something. Sometimes more for better things.

If you have 100,000 views on an article, and get 25000 marks, then you have had a good day, and nobody has noticed giving half a cent or less each. You just click a button which says mark instead of share, and give the people some transferable spendable reputation, it is a nice thing to do.

Adverts are no longer required.

May I suggest that you also assign available domain names to each, since that is half the branding right there.

The application of automated machine learning to trading on crypto markets with expert domain knowledge rationally puts SuperNET managed funds ahead of the curve.

Marking has Bitmark withdraw+deposit+balance integrated in to it, and provides public APIs. It can be integrated in to any software as a module, or any software can call any integration/implementation as an API, or a little HTML+JS button can be added to any website which uses one of the public implementations we will provide.

As for facebook, they will be bootstrapped, so with mobile apps or browser extensions or bookmarklet's you will have the marking button on facebook and just mark in place, or maybe even easier have it tied to the like and share buttons so when you like/share you mark also, with your marking being distributed through our network.

We are not centralized, so any website or service can have their own little island of marking baked in, which is interoperable with any other, and the blockchain can be used to send marks between services as users please, from persona to persona. Any service which also offers fiat or virtual currency support then acts as a natural gateway for us too, which is nice.

Our system then grows in size more like a protocol, facebook has limitations because every time they grow or add things they have to become a bigger company. We are more like the http you see in the address bar, it requires no work from anybody who made http for you to make a website, just like it requires no work from the Bitcoin Core developers when a new shop adds BTC support. We combine both to naturally scale to the same size as the web and the mobile networks around the world.

We already have primitive marking working between IRC and Slack, for these two posts I've already been given about 300₥ in reputation+money. The system works on every level.

I can elaborate a great deal, but maybe what is needed is something more concise.

Marking is the passing of reputation, similar to clicking 'like', the difference being that the marks are actually transferred from user to user, and marks have all the properties of crypto currency.

A marking also has a reason why, which can be a string message, or a URI, an identifier for anything from a web address to a telephone number to a geo location.

It is also a 'share' like a retweet or share on facebook.

Technically it is a protocol and an implementation with an API which works at the level of the web, not P2P, it is a separate thing on top of crypto which makes markings instant, off chain, and scalable to the size of the web. The crypto level part, bitmark, acts as the glue between implementations, allowing people to transfer marks from one service to another, or to storage and back, all the things you can do with Bitcoin.

The system then is a massive reputation graph which works over every website and every integrated thing in real life, it provides instant viral crowd funding for any creation, idea, or charity, and also rewards every curator of useful or interesting things. As a user you give spendable reputation with every marking, and receive it also for everything you share or make.

Let us say for example you post a sketch or a song you have created somewhere on the web, then people can mark you for it, as they would currently like, but in our model each marking is a little bit of rep and a little bit of money and optionally a share also. So if your sketch or song was good it can spread virally through the web and receive many marks, perhaps you have just earned a day or a weeks wages, and been fairly rewarded. In the current web system you post something on facebook or twitter and get meaningless likes/favs/karma from an infinite supply whilst the services benefit from your efforts. So we flip this around and make your reputation have true value again.

Perhaps you have a good idea, you can mention it, if it is good then it will be marked (you will get reputation and money and shares with each click), so now you have some incentive to progress your idea a little bit and maybe write something bigger about it. The marking process happens again and now John has joined you to help make a prototype, the process happens again and now you have a small community and reputation and funding to progress even further, and the thing scales out from there.

A nice thing is that your idea gave you lots of marks, and you maybe enjoyed the sketch from the previous example so you marked them with a higher amount, and the creator of that sketch was drawing another whilst listening to that song, so they marked the creator of that song as they listened.

Fast forward a little further and maybe you are going to demo your idea to a large manufacturer, you knew which taxi to get in because your mobile app showed you the companies reputation (each marking is of course also a review), and whilst travelling you think you need some lunch. Your google glasses give you a little overlay of markings against geo points as you look out of the window, which tell you that your friends ate at Frankies Pizza House last week and gave them good marks. So you stop there for lunch. Now maybe that table you sit at has a little brass token with the table number, but also NFC, so you just move your mobile device over the table number and you see the bill is to be 12 marks, so you tap your phone and slide your finger a little to add a tip to your waitress and mark her, then tap again to confirm. As you walk out side you get a little notification, you were just given a little mark back from Frankies, for being a polite customer.

As we say, Bitmark the currency is a little bit boring, it is just crypto currency. Marking however, that is quite fun and maybe just a little bit different from tipping

We have decided to lower our funding goal for the Bitmark Foundation to 5000 BTM, and we will not actively seek to raise funds after this amount is reached.

Together we are creating Marking, the technology which solves funding issues for every person and project in the world.  The Bitmark Foundation and work done by this umbrella project will be funded in this way too.

The Foundation funds will be held as a reserve, and in the future used to mark worthy projects and charities.

Thank you.

Please read:


In addition to this, as James said sharkfund0 holds a percentage of BTM, and also I am a trustee of SuperNET.

No problem James, if it brings more people with ideas and discussion in to the project then it is all good.

Keep up the good work with SuperNet, and we look forward to working with you soon.

It is a clone, it is the latest Bitcoin ported to scrypt and configured for our needs. More work than the average coin and things like VIA, but less work than say NXT.

The project though is about what we change and build on top. Marking, this is perhaps the most innovative thing.

I encourage people to not panic buy. Nobody anywhere benefits from people panic buying, certainly the project does not. We do all benefit from people taking the time to find out more about the project, and joining with ideas and discussion, or even code and businesses where they can.

Our project management on Trello was becoming unwieldy. We are now using multiple boards to track our work.

https://trello.com/bitmark

Congratulations!

Sigh, removed.

Thank you for the heads up Luke

Put one together quickly:

source

There are some very good people in many communities, PondSea from Qora is just one fine example, we have friends to work alongside in many communities from Supernet to Ora and of course deep within Bitcoin, even the first Bitcoin developers like Martti, and far more outwith the crypto space. Our little team of 20, or is it 30 now, is growing well and enjoying working with talented people from all over.

I'd like to thank everybody who has helped us make it this far, in the last month exactly we've achieved 1500% growth in every measure.

The coming month will be very fun I am sure, lots of useful things

Regarding logos, I personally don't mind if it looks like a penis, have you seen what it transforms in to when you click it? http://bitmark.co/bitmark.co/logo it's quite useful

We are only two months old, this is very very early

Developer error, I had a note to change it to something more realistic which would do for 1 year, a note rather than a github issue, and thus forgot to change it on the last release.

I may update the seed nodes and cross compile for all targets again with the same release version again, to update the binaries, since it's a non functionality changing change.

That sad truth is, that if you had read through the thread or the documents or anything which other people had, you would realize that everybody already knows that the codebase is just a fork of the latest Bitcoin release modified to support scrypt and with the chain configuration adjusted to what we need. It's what you would get if Litecoin were created today, and has had just marginally more work than say Viacoin.

In fact, if you'd like to do the same, we've saved you the work, you can clone a fully tested version of our codebase here and use it as you please.

The saddest part however, is that you, unlike everybody else who replied in the last 1300+ replies, didn't take the time to discover what the project is about, or doing.

I am glad however that the above was your response, it shows our decisions in the way we crafted the thread have worked, in that you, are the only person with an uninformed comment out of 35,000 readers. That's quite an achievement.

Regards,

Mark