Asset issue platforms: Bitshares vs NXT

[cryptonfly]

Both Bitshares and NXT have internal blockchain Asset Exchanges.

Which one would you recommend for crownfunding and why?

[Thenoticer]

https://bitcointalk.org/index.php?topic=1387944.240

Waves, born from supernet and nxt communities. 

Crowdfunding and asset exchange.

Coming real soon

[cryptonfly]

Read about them.

But I need a working(!) system...

[Come-from-Beyond]

Which one would you recommend for crownfunding and why?

Use the both, none has enough market depth to host a large-amount crowfunding. You will lose a lot of USD selling a lot of coins on the market.

[r0ach]

Analyzing the asset exchanges doesn't matter since any coin can create one in some manner.  The only thing that matters is the underlying consensus mechanism.  Whatever the market deems as being the best consensus mechanism will end up with all these secondary systems and the economic majority anyway.

[Come-from-Beyond]

Analyzing the asset exchanges doesn't matter since any coin can create one in some manner.  The only thing that matters is the underlying consensus mechanism.  Whatever the market deems as being the best consensus mechanism will end up with all these secondary systems and the economic majority anyway.

What types of consensus mechanisms do you know?

[starodubcev]

BitShares pros:
- The most scalable in-memory blockchain
- Monetisation of issued assets using custom fees
- Really fast 1.5 sec average conformation no matter what is your tx about
- Smartcoins (bitUSD, bitCNY, bitEUR) allow to build trustless processes with off-line businesses
- Forward thinking community
- Built-in referral program
- Community client is built for in-browser use on steroids (web-sockets + react)
- Network explorer (Cryptofresh.com) will be open-sourced soon
- Fast adoption signals
- Truly decentralized blockchain self-paid development team
- Technological certainty as Bitshares already passed the most hard iterations trying to find minimum lovable product
- DPoS

BitShares cons
- Currently smartcoins have low liquidity
- Currently multisig don't work in clent
- No asset-based voting and account control
- No ability to create assets with locked supply. UIA are always issuer dependent in some sense.

NXT pros:
- Convenient Phasing and Account control allow you to build highly customized processes
- Data Storage, Marketplace

NXT cons:
- No ability to monetize assets through custom fees
- Very slow in comparison with BitShares and slow in comparison with Ethereum
- Stagnating community and network activity
- Development and consensus through BDFL model (with all honour to Jean-Luc)
- Weak improvement process: If you develop custom soft, so get ready for sudden API changes
- Huge uncertainty caused by NXT 2.0
- Naive PoS

Summing up if you need asset with exchange without all bells and whistles of NXT (alias, data storage, marketplace) go BitShares. If ability to build sophisticated asset-based voting processes is crucial for your use case go NXT. Otherwise go BitShares.

If you need really deep custom things go Ethereum (much custom, significantly slower than BitShares but much more faster than NXT)

[cryptonfly]

Which one would you recommend for crownfunding and why?

Use the both, none has enough market depth to host a large-amount crowfunding.

Are there any assets/companies which use two platforms?

Looks very interesting, but implementation details are very important.

[Come-from-Beyond]

Are there any assets/companies which use two platforms?

I don't know such companies.

[cryptonfly]

Most important argument to choose Bitshares as a platform: there is a direct BitUSD market for any asset. Preselling asset in NXT has risks due to volatility.

Nevertheless there are too few good assets base on Bitshares, and there are many assets on NXT platform.

For example, 40% of obits asset are not sold! And that's number one asset on Bitshares... :/