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As one of the earliest supporters of mastercoin I was disappointed when the offer from the counterparty guys to help mastercoin was turned down for whatever reason, all is not lost but to re-attain the lost market lead at this point will be a feat.
I am back with an offer, this offer is not exclusive to omni but it could help with utility. This offer is about a project built on smart contracts and doesn't use the omni infrastructure but it could improve omni utility.
What I have:
A consumer facing product spec to disrupt a $6-10 billion a year industry and growing
Over a year and half of painstaking research and development
A whitepaper, being internally reviewed.
The whitepaper will be passed around to be peer reviewed next week
A client in development with a focus on beautiful and responsive user experience
A a video demo of client
A team of 5 extra developers
Information will be announced in less than 2 weeks.
Again this project does not build on omni and does not intend to. The offer is also not exclusive to Omni, any coin can integrate its functionality. However, it will improve the utility of omni/mastercoins if devs if devs choose to collaborate, successful integration could be a use case for omni. I am hoping the right people will reach out.
Peace and happy new year!
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What are your unique value propositions? you know the whole network effect and switching costs...for example why would people use you over whatsapp? is your app decentralized? or just encrypted zero knowledge approach with centralized storage? Edit..also, i think you'd prob benefit more from nxt's technology and its rapid but friendly community support...just get a whif of the alien technology to come : http://www.nxttechnologytree.com/ and you know the aboundance of qualified core devs and insanely brilliants infrastructure ones ones like jl777 from skynet Supernet The unique value proposition is activity == capitalization. The value you generate by using the network is yours and increases as use of the network increases. That value is directly transferable/exchangeable to other currencies. Your activity in the network is generating ownership over the value you've "invested". This doesn't exist yet. Imagine each upvote on reddit was equal to one dogecoin.. Or a like on facebook gave you 1/10000000000000th of a facebook stock. Imagine each ad you see in google search results paid you a portion of the revenue paid to google by the advertiser. you own none of the value you create for whatsapp by using whatsapp. cool concept like the maidsafe and storj models, it should work out nicely...Now privacy in this day and age shouldn't be an option its a requirement. I wonder if this app addresses that. |
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What are your unique value propositions? you know the whole network effect and switching costs...for example why would people use you over whatsapp? is your app decentralized? or just encrypted zero knowledge approach with centralized storage? Edit..also, i think you'd prob benefit more from nxt's technology and its rapid but friendly community support...just get a whif of the alien technology to come : http://www.nxttechnologytree.com/ and you know the aboundance of qualified core devs and insanely brilliants infrastructure ones ones like jl777 from skynet Supernet |
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Or NXT marketplace in 3 days.
@TwinWinNerD 3 days !!! go nxt  |
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Two words: too expensive
The wallet has o ton of cool features....Only time can tell if it's too expensive or dirt cheap. Anyway, bitcoins where very expensive at $5 / coin, 2 years ago. Your pricing is greedy and too expensive, furthermore you will earn most of the interest because of your 5% stake...It will be impossible for most to compete against your stake in leveling out distribution because of your structure of increasing pricing points...whats more you will almost be obsolete and scratching for marketshare by the time you are ready to launch because you are alienating most of your market with your greedy pricing...wanna know why? there are at least 4 to 5 projects or more in the same space launching in days and weeks I will point you to a few, word of advise: listen to your potential patrons, Goodluck. Syscoin:launching in ~2days aug 16th : anouncement https://bitcointalk.org/index.php?topic=587080.0 https://bitcointalk.org/index.php?topic=587080.msg8359016#msg8359016 Syscoin launch details Saffroncoin https://bitcointalk.org/index.php?topic=586320.msg8357855#msg8357855their are at least 3 more making solid progress |
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Anyone wants to join me with marketing, then lets work out a plan together!
I would like to join the marketing effort. 1) First bounty: Goes to gambler or group of gamblers who can win a certain amount of CHA within a specified timeframe
sounds fun - any numbers in mind? 1st and 2nd place I meant what is the amount of CHA, what is the timeframe and what is the prize?  This is an incentive driven world the so the prizes have to be worth it..I would say 1st price at least 5btc worth of CHA, 2nd price would be half of that...The timeframe could be 1 month. Would really need to rally to get the fund together though...I pledge 300 CHA still in burn address. side note: Thanks again to the devs vision to find a way to reduce the amount of hops for new users to engage with the platform while still keeping demand for CHA, in fact the new automatic order placement will skyrocket CHA value |
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Anyone wants to join me with marketing, then lets work out a plan together!
I would like to join the marketing effort. 1) First bounty: Goes to gambler or group of gamblers who can win a certain amount of CHA within a specified timeframe
sounds fun - any numbers in mind? 1st and 2nd place |
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Anyone wants to join me with marketing, then lets work out a plan together!
I already made a pledge long ago, but I propose three bounties of which I will rededicate the CHA pledge: 1) First bounty: Goes to gambler or group of gamblers who can win a certain amount of CHA within a specified timeframe 2) Second Bounty: Goes to the person or first group of people to get enough measurable and effective cross forum sharing on similar crypto related/gaming forums to spread the news about the new capabilities and opportunities. No spam policy though 3) Third to the person who can organize and get major publications and press releases / social media engagement in major news outlets not limited to coindesk, bitcoin magazine, business insider etc... Of course these are just suggestions that can be replaced or built upon, but it can also be a starting point marketing strategy to Chancecoin as there are no visible ones at the moment. |
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We will be releasing the new version of Chancecoin on Friday, August 8.
New features will include:
- faster bet resolution
- cheaper fees
- BTC betting
This will be a game changer..I think its time to get the marketing ducks in a row..Thank you devs for your hard work |
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interested in a MAC OSX version, please check PM
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Please NXT!  |
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We're really excited to announce that we'll be releasing instant betting by the end of tomorrow. We've also been working on some of the other features we've mentioned recently, but we want to get instant betting out as soon as possible.
Magician
Epic! You guys are beasts. Insanely fast and efficent. totally agree! keep up the great work it will pay off  any update concerning transaction chaining? This version will also include transaction chaining. Scheduled for release tomorrow morning. Really great work ,devs! Version 2.4 is now live! Your client should automatically update. It will re-download the database, which should take about three minutes, and you'll see "Chancecoin is parsing transactions" while it is happening. Give it a try and let us know what you think. New features: - Instant betting (we're talking about <10 seconds) -- try it!
- Transaction chaining
- Better card images
- Improved client speed (~4X faster on average)
Magician Awesome, thanks for the hardwork |
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We're looking into it!
Ok thanks |
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@Damelon nxtforum access and new user registration impossible
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Please excuse my excess of prudence but what are "in general" (not talking about this specific coin) the risks of importing your bitcoin private key on an unknown wallet?
Could that be risky? If the software you are randomly importing your private keys into is malicious the risk is a complete loss of all your coins. Well, this one is going to be controversial, if nothing else. I am a holder of many of the qualifying coins, and I will certainly be introducing my Sharecoin private keys, as there is nothing more to lose on that one ! One thing I don't quite understand is how many blockchains will be needed. Obviously the BTC,DOGE,LTC,SHARE etc will have different algorithms and therefore a separate set of addresses relating to each. The private key issue is kind of tricky..since you love innovative coins there is a beast of a competitor in town. Nas a far more efficient and faster system launching a functional easy to use client in a few hours: https://bitcointalk.org/index.php?topic=523187.msg7832377#msg7832377 lotto, dicegame, multigateway exchange from btc to nxt and other currencies... Obviously you don't understand what DACs are. LottoShares are profitable to own. With NAS, you are just gambling your coins away. Your assumption show your intelligence level...I am involved in the development a DAC so there you go...have you heard of chancecoin?? ever wondered why you have not heard of it? hint its not just marketing |
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Please excuse my excess of prudence but what are "in general" (not talking about this specific coin) the risks of importing your bitcoin private key on an unknown wallet?
Could that be risky? If the software you are randomly importing your private keys into is malicious the risk is a complete loss of all your coins. Well, this one is going to be controversial, if nothing else. I am a holder of many of the qualifying coins, and I will certainly be introducing my Sharecoin private keys, as there is nothing more to lose on that one ! One thing I don't quite understand is how many blockchains will be needed. Obviously the BTC,DOGE,LTC,SHARE etc will have different algorithms and therefore a separate set of addresses relating to each. The private key issue is kind of tricky..since you love innovative coins there is a beast of a competitor in town. Nas a far more efficient and faster system launching a functional easy to use client in a few hours: https://bitcointalk.org/index.php?topic=523187.msg7832377#msg7832377 lotto, dicegame, multigateway exchange from btc to nxt and other currencies... |
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its better for the devs to take time to implement a solid system..at this point in time I don't know if first to market is really a factor because there is so much noise for attention, yet not may ease of use or easy transitioning systems...you may have launch but there are far more efficient and faster systems launching in a few hours: https://bitcointalk.org/index.php?topic=523187.msg7832377#msg7832377 lotto, dicegame, multigateway exchange from btc to nxt and other currencies... chancecoin devs should definitely take time to come up with the best implentation they can.... |
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It still doesn't take away from the point that I am trying to make:
Incorporating BTC will bring about the reduction in demand for CHA which will directly affect price and growth. Concentrate on each of use and enhance the games, increase the odds of wining (like you did), provide awesome prizes to winners ...i offered 300 CHA somewhere...a donation for this can be setup.
Your point is important and I am sure the Devs will take it into account seriously. I think it's hard to predict the outcome of such a move because it might bring new players to gamble with chancecoin wallet and exposure which is much needed at this point. I am sure that afterwards we can find ways to incentivize the use of chancecoin over btc. (like reduce house edge for chancecoin and the ability to be the "gambler" and the "house" and probably more innovative ideas). In my opinion I agree that the user experience (speed of bets etc) and flow (the process a new user has to go from the moment he hears about chancecoin until he start gambling) still needs a lot of work to get to were PrimeDice is, and because the Devs time is limited I think this should be given higher priority. p.s: Ola its nice to see you here, I have a lot of respect to you and hope you will continue to be more active member in chancecoin community.My thought is that incorporating BTC the way we're planning to do it will increase demand for CHA because every BTC wagered will be instantly turned into CHA by buying it at the market price (in this casino liquidity book). It's just a way to make it easier for people to participate if they're starting with a wallet that only has BTC or are used to using centralized BTC casinos and aren't willing to make the jump if it involves buying CHA on an exchange first and doing some footwork to get started. As for your point on user experience, I definitely hear your point. I've tried Primedice and Just-Dice back when they were still operating with BTC. They're lucky that they don't have to maintain the decentralized aspect -- it certainly is easier to make the betting instant when the casino is centralized. That being said, I do think it's important for betting to be faster than it is now. We're almost certainly going to do one of the following: - Move to a faster blockchain. - Make our own faster blockchain. - Invent some new solution that lets gamblers resolve bets rapidly offline, like some kind of electronic choose your own adventure scratch card. Magician I want to invite you to NXT...as a matter of fact you would get a lot of exposure from this move as nxt is already establishing relationships with more formal business entities..for example, Gocoin will integrate NXT within the next couple of weeks...you will instantly gain a host of supporters and rabid promoters for your innovation...there are to many positive developments with NXT at the moment to list, But I think you should consider it strongly.. and oh vitalik buterin just confirmed that ethereum's version to proof of stake is basically what NXT had been working on and testing (parts of transparent forging)...which makes nxt one of the grandfathers of innovation in this space..get the lowdown here: http://www.reddit.com/r/Bitcoin/comments/29yyjm/proofofstake_and_distributed_consensus_are/ |
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It still doesn't take away from the point that I am trying to make:
Incorporating BTC will bring about the reduction in demand for CHA which will directly affect price and growth. Concentrate on each of use and enhance the games, increase the odds of wining (like you did), provide awesome prizes to winners ...i offered 300 CHA somewhere...a donation for this can be setup.
Your point is important and I am sure the Devs will take it into account seriously. I think it's hard to predict the outcome of such a move because it might bring new players to gamble with chancecoin wallet and exposure which is much needed at this point. I am sure that afterwards we can find ways to incentivize the use of chancecoin over btc. (like reduce house edge for chancecoin and the ability to be the "gambler" and the "house" and probably more innovative ideas). In my opinion I agree that the user experience (speed of bets etc) and flow (the process a new user has to go from the moment he hears about chancecoin until he start gambling) still needs a lot of work to get to were PrimeDice is, and because the Devs time is limited I think this should be given higher priority. p.s: Ola its nice to see you here, I have a lot of respect to you and hope you will continue to be more active member in chancecoin community.agreed if any innovative idea that enables btc use but still keeps demand up for CHA will be great to see. Someone just had to say it before any mistake is made which would in turn take an enormous amount of time to fix... User experience and "flow" plus marketing are definitely limiting exposure right now...those should be priority over anything else. is this peled1986 ? what happened to your other account? |
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I think its important to only use CHA as the only base currency...concentrate on making a fast, easily accesible interface and users will naturally acquire CHA to participate...diluting the demand for CHA by incorporating BTC is a mistake you are about to repeat already made by the Counterparty devs. Look at their awesome innovation yet compare their market capitalization to Mastercoin's
This is actually a bad example because right now if you look at coinmarketcap Counterparty has bigger ROI than Mastercoin. [You need to remember that mastercoin crowd sell was in July-Aug sending a total of about 5000 bitcoins worth about US$500,000 at the time. Counterparty burning bitcoins was in Jan-Feb 2014 and about 2,130 bitcoin worth about US$2,000,000 were burned. Meaning that mastercoin started with more than X2 marketcap than counterparty.] it might not be the best example and I can admit that...all the points you stated are true, I know I was there at the very first exodus send with mastercoin....It still doesn't take away from the point that I am trying to make: Incorporating BTC will bring about the reduction in demand for CHA which will directly affect price and growth. Concentrate on each of use and enhance the games, increase the odds of wining (like you did), provide awesome prizes to winners ...i offered 300 CHA somewhere...a donation for this can be setup. |
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