We don't need any of the IPO money to do that- and we actually have this up and ready internally already. The question with that kinda of strategy becomes do we start having to do moderation/management in the private forums and on BCT or do we just move to private forums entirely (by private i mean public but with easier ability to ban and moderate more effectively). If we move then what is the best approach for keeping BCT informed but still keeping the discussion on Syscoin Forums? My initial thought is quick posts to BCT with locked topics that link back to the Syscoin Forums for discussion.

Interested in hearing opinions on this- we can move on this very quickly if people feel Syscoin Forums are the best solution here.

Thanks! I just hope real investors (like yourself) see these ppl for what they are- just look at the accounts of these users posting this garbage. Some people created accounts to do nothing but post FUD in this thread and that is the entirety of their history here on BCT. I'm trying to spend just enough time here to keep this clean and informative; we definitely will be hiring a CM to be watching this more carefully so when I'm busy with other things (managing the teams higher priorities and making sure they are executed on properly) for a few hours it doesn't spiral out of control.

Also, we'll be migrating all major news updates to our upcoming blog and that will be tied into all kinds of channels like FB, Twitter, RSS and more so there will be better dissemination of real Syscoin news. Will still be here on BCT but the primary will become the blog.

I have PMd @Cointang and @larraboj asking them to stop polluting this thread after deleting their posts multiple times. Additional posts as such will result in request to admins to ban.

This article is actually quite accurate regarding the state of things and what we are working on -> http://www.cryptoarticles.com/crypto-news/syscoin-news-updates-moolahio-funds-statement-soon

^^ This. Sorry for the mess we'll have someone fulltime to manage this stuff ASAP. I do have a dayjob + higher priority Syscoin imperatives.

Yeah we aren't going anywhere, and we're working on growing the team more to help with these types of communications while we focus on larger dev goals. There is no new project.


^^ This is correct actually and we have plans to talk to Moolah today.

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To be clear there was never any complaining about funds once funds were received (500btc).When we didn't have *any* funding we made it clear we needed some part of the fund to move forward at which point Moolah released 500btc to us as I clearly stated in my last post. Totally enough to get going and that is what we did. If people had read our news updates they would even see we are already proactively applying this fund to hire 3 new people -


We'll continue as planned. Sorry for the pages of FUD that sprung up while I was busy this morning. We also have a new website and blog going live this weekend where you'll be able to find much more concise and clear information. We are also looking to hire a community manager- I agree entirely too much valuable time is spent managing this thread alone; CM's responsibilities will include managing this and more- Jobs will be posted on OP tonight and mirrored to website this weekend.

Regarding the Moolah situation I spoke with Alex briefly today and have another call lined up with him and a teammate for finalizing these terms tomorrow. The facts of thus-

We spoke with Alex 8/23 regarding the statement he made earlier in the month on BCT regarding the fund distribution and the terms of that distribution.

We agreed in principle on all terms, and wanted all aspects of this new agreement put in writing, to which Alex agreed to start the legal documentation process. We are still awaiting receipt of that agreement.

That agreement is to contain the following clarifications:
- The exact date each month the 250btc is paid out
- Fund visibility of both the BTC and the SYS in public balances
- Clarification on the details of "best effort" developer support.

After this call (8/24) we were sent the first portion of the disbursement - 500btc - which we are currently using as operating capital.

Moderated, Please keep the thread on subject and respect others opinions.

Second bump for a good cause!

We have new things coming this weekend specifically the website and blog which will be much more informative and provide direct access to resources that are currently scattered and/or hard to locate. Already started working on the new marketing effort around marketplaces you should see some additional info on that this weekend as well. Just a quick update today - focused on moving code things forward  

Also we are aware of the library/packaging problem with the 0.1.4c Mac Wallet and will be releasing an update tonight to address this issue.

Please keep the comments civil. I have read up on SuperNET and PM'd jl777 asking for more specific information. It sounds pretty cool but I'm looking for more specific info related to the benefit it would provide Syscoin users/the Syscoin network rather than just sharing Syscoin features for free. More info we'll be provided as we learn more about SuperNET's benefits.

For the time being we're still continuing as planned getting this Syscoin Marketplaces marketing effort together and launched. We're hiring professionals to put together this microsite, etc. and we'll see how its received by the community. We're also rolling out a new website/blog by the weekend to further improve Syscoin's image/marketing.

We don't but we should with more concrete dates like the SUPER roadmap. Another good example imo is http://halcyon.pw/roadmap/. We will get something like this together ASAP. We have one internally but we will get together an external roadmap in short order.

Contacting jl777 about SuperNET tonight!

Seems like a very solid idea (reading on SuperNET). We will reach out to jl777 to see if/how we can participate now that things are working right! 

We realize the last two weeks may have seemed like slow motion but we were intentionally holding off heavy marketing until everything had been verified working and stable. There were actual issues with the client the first week which caused network instability. We didn't want to draw attention to something that wasn't operating 100%.

The following week the team focused on enabling merged mining and service-fee regeneration for miners. If you watched the network hashrate (which can be considered the stability of the network) it was very low- 2GH because of all of the issues the daemon was causing for pools. In the 0.1.4 release we not only addressed these daemon issues bringing all of the pools back, but we also enabled merged-mining and service fee regenerated rewards for miners starting @ block 17k. We had to monitor the network closely during this launch to ensure pools were operational again and the subsequent merged mining started hard fork to make sure that all went smoothly- and it did. Now the network is incredibly stable with about 15GH average for a coin less than a month old with low rewards- we see this as a positive for those looking to do business on this network.

Finally, there were issues relaunch the 0.1.4 wallet on wallet reload which we wanted to fix and did with 0.1.4c. Now we have a proper product we can market aggressively inside and outside of the crypto space. Starting any marketing before all of the various features were enabled (mergemine/regen) and the network was stable would have been repeating mistakes we learned from at launch.

I wanted to take the time to explain the above so people can understand we have been busy these past few weeks. And we plan to remain busy moving forward. I have to reiterate that Syscoin is a coin with actual NEW features and thus we had problems no other coin would have at launch. We also present service offerings that literally don't exist in the current marketplace.

We need to be strategic about how we bring these features to market and that takes some planning and what may appear to be slower steps but its really just measured steps. You can't throw out a decentralized marketplace to the mainstream public and expect them to immediately understand its benefits or how to use it without a number of educational materials, examples, and even references for developers to build upon. We have plans to provide all of this, and we're going to do it one feature at a time to continue to refine our approach with each successive initiative. All of the four services are working perfectly in the client already- this is about our strategy to increase market adoption of those services.

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Over the coming weeks we will be looking to push the marketplace feature specifically. We already have a new website, forums and blog coming. The blog will be the new home for all major news updates, we will still post here but they will be links to the blog. the blog will be a clean space to find Syscoin's latest news.

In addition to the above we'll be creating a microsite dedicated to the Syscoin Marketplace service. The site will explain the advantages of using the Syscoin marketplace, it will have links to existing Syscoin Marketplaces, and it will have information on how to get started with your own Syscoin Marketplace. As part of this effort we are looking to hire a professional copywriter, web developer, and designer/illustrator to help expedite the creation of this site. The microsite will really target getting current merchants / possible sellers and focus on helping them understand the Syscoin value proposition and even get started with their own marketplace.

We'll also be contracting out several 'microexample' sites we are going to make open source which build on the Syscoin Marketplace API in different ways to serve as examples for developers. We are rewriting the documentation for Syscoin Marketplace APIs to be more accessible to developers and provide developer FAQs in a portal dedicated to helping devs get going with Syscoin as well.

Alongside all of this we want to update the QT wallet with real interfaces for accessing and browsing the marketplace. This includes interfaces for items you've bought, items you have for sale, purchasing items from web markets, and searching the entire blockchain for items for sale.

We are also working on new core features in parallel with all of this as outlined in our roadmap- specifically multisig encryption using native Syscoin keys. While that is going on the other parts of the team will be focused on ramping up this marketing effort around Syscoin Marketplace APIs.

Moolah has provided us with some operating funds to cover our pre-existing expenses but they still hold the majority of the presale fund, including the 250BTC of SYS purchased as early buy support put up by the team. We are asking for a clear statement on the distribution of the remainder of the fund by this weekend 9/7.

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TL;DR;
- made mistakes at launch and held off marketing until network was stable
- know marketing is important but offering is complex, focusing on one feature at a time- marketplace first
- hiring outside help to assist in first real marketing effort around a feature. Looking for: Marketing Copywriter, Srs Web Developer CSS/HTML/JS/Node, Designer/Illustrator/Web Designer
- Moolah has still not released the full presale funds to us- we are asking that they clarify the situation with these funds by 9/7

We're reading up the SuperNET. Can't say yes or no at this point I can say we aren't ignoring it!


+1 We're in IRC to help, come swing by!

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Just had a team call and will be posting more news here shortly. I want to make it clear we have a plan moving forward in terms of marketing and we have a very clear strategy in that regard- the first phase of which will be posted tonight.

Syscoin- unlike other coins- already has features completed (four of them- markets, aliases, certificates, and datastore) and working. This turns the "altcoin hype cycle" upside down. Unlike some coins we can't simply market a vaporware roadmap and hope that boosts price- we have actual features that we need to market, but in order to market them effectively we need to make sure they are presented in a consumable, and understandable way for those not involved in crypto.

If you are a merchant, moving your inventory to the blockchain can not only be a scary concept but also is entirely confusing. Why would a merchant move their inventory to the blockchain? There are a number of reasons and they need to be communicated clearly and concisely alongside working examples AND resources for developers AND live support from the team AND QT UI wallet functionality. All of this is part of our strategy and this is only around a single feature... we have 3 more already completed and MORE being developed.

Yes, as a team we could have done a better job of getting these materials ready by launch. We've learned our lessons from launch (more on that tonight too) and are now taking very measured steps. I'll post up later tonight with more details in regards to the first concentrated marketing effort we push forward with - Syscoin Marketplaces.

Already posted above.

Please go to the other thread if you want to talk P/D.. Just moderated a number of P/D posts.. (And please don't quote these as we will like remove your reply as well to get rid of original post)

No problem at all with that.. Check the link though, its just linking here.

yes but we need marketing around feature specific advantages. Not more dev (at the moment).


Please contact us. No one else has reported such issues on the 0.1.4c wallet. Please PM or reach out to us on IRC, we're always around.


Well over 6months ago. Wallet and QT UI are 2 very different things, I think you're referring to QT here?

Syscoin is not some clone with a roadmap. Its a coin with completed features that yes- require proper marketing. This takes planning before barreling into and the community is well aware of the initial launch issues which we HAD to resolved before starting a real marketing effort. Why would we start a serious marketing effort when everything wasn't working correctly?

Now that things are all working 100% marketing will kick on very hard- but in a planned way. We can't just market this like other coins where we talk a lot about the features we are GOING to make- we need to do this entirely differently where we market and DEMO the features we already have. This takes planning and a different approach than other clone coins with vaporware roadmaps. Some presale buyers aren't comfortable waiting for this to be done right or feel that is the wrong way to go about things. We do listen to the majority voice of the community and this strategy is in line with their requests.

If people feel we are deleting posts that should remain we welcome you to start a new thread (or add to that other one that was started...) where your posts can be free from our deletions and won't bury actual news. You can even leave a link here and we won't remove it, but we won't continue to let this thread turn into a new version of the old thread. This is about features and plans- questions we have NOT already answered and we have answered the PR/Marketing questions several times.

Def not spam and a valid point. Will be reviewing this and thanks for some useful input.

Yep and marketing that tech takes time and planning as we've stated multiple times is happening. No other coin has these problems because no other coins have real features to market like this. We are deleting posts that just continue to say the same thing over and over to which we're replied (over and over). People looking for real information have asked us to keep this thread clean and focused on what is going on and that is what we're doing. Your repeatedly posting the same thing about PR doesn't accomplish anything nor provide any more info to people looking for it- actually it does the opposite- burying my reply stating what we are doing in a litany of duplicate posts.

We have already clarified several times there are plans for focused PR and development campaigns around each service. We realize some people don't care about network instability but as a product team we do. Now that the network is stable, we can focus on the forward moving PR items. Please note I have said we are ramping up PR several times now and there will be more news on this tonight.