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Author Topic: [NEW BUSINESS] - Open Asset Protocol equity crowdfunding website - coders need'd  (Read 1195 times)
DannyDesert (OP)
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July 28, 2015, 03:10:12 AM
Last edit: July 29, 2015, 12:23:06 AM by DannyDesert
 #1

Hi, my name is Troy Murray, I'm a indie film maker in Los Angeles (http://www.imdb.com/name/nm2264383/?ref_=tt_ov_dr) and have been involved with Bitcoin for around 2.5 years now.  I've been working with theProtocol.tv (https://www.theprotocol.tv/ & https://angel.co/theprotocol-tv) so if you've ever watched anything from them you might have seen some of my work as a cinematopher.  I'm not listed on Angel because Valerian got married recently and has been swamped.  I'm looking for a coder who can help me implement my idea into a fully functioning website that can facilitate what I'm thinking about. 

On March 25th, 2015 the SEC ruled in favor of Regulation A+ of the JOBS Act (https://www.sec.gov/news/pressrelease/2015-49.html) allowing for unaccredited investors to invest in small businesses and start ups starting on June 25th, 2015. The biggest problem with crowdfunding a movie is that your investors (fans) never get a true return on their investment, at best they get a copy of the DVD and signed memorabilia. This can all change with Regulation A+, and by using the Open Assets Protocol on the Bitcoin Blockchain we can issue shares of a film to investors who can actually see a return on the money.

As an indie filmmaker, I have always had issues with asking people to donate money to me to make a movie and then ask them to pay money to go and see that film.  I found it disgusting that there was no way for you to offer equity in your film because of regulations.  I also felt the sting of this when I bought the first Oculus Rift, which started the company and then said company was bought for 2 Billion, would have loved to see a return on that seed money.  I think using the Open Asset Protocol is the best idea, since Nasdaq will be also using the protocol, hopefully that will solidify the protocol. This will bring more value to the Blockchain and I personally believe this will be the first to try this and will help usher in a new era of crowdfunding.

I have larger ideas for the company when it comes to the film and movie industry and ways that you could leverage the exchange into a powerful media broker in the business.  I'm looking for a programmer that would like to take on a job that would pay off in equity in the business.  We can talk about the percentages of equity if someone out there is interested in this idea and working with me on building the future of media creation and distribution.
bitcoinstarter
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July 28, 2015, 03:31:56 AM
 #2

Hi, my name is Troy Murray, I'm a indie film maker in Los Angeles (http://www.imdb.com/name/nm2264383/?ref_=tt_ov_dr) and have been involved with Bitcoin for around 2.5 years now.  I've been working with theProtocol.tv (https://www.theprotocol.tv/ & https://angel.co/theprotocol-tv) so if you've ever watched anything from them you might have seen some of my work as a cinematopher.  I'm not listed on Angel because Valerian got married recently and has been swamped.  I'm looking for a coder who can help me implement my idea into a fully functioning website that can facilitate what I'm thinking about.  

On March 25th, 2015 the SEC ruled in favor of Regulation A+ of the JOBS Act (https://www.sec.gov/news/pressrelease/2015-49.html) allowing for unaccredited investors to invest in small businesses and start ups starting on June 25th, 2015. The biggest problem with crowdfunding a movie is that your investors (fans) never get a true return on their investment, at best they get a copy of the DVD and signed memorabilia. This can all change with Regulation A+, and by using the Open Assets Protocol on the Bitcoin Blockchain we can issue shares of a film to investors who can actually see a return on the money.



Hi Troy,

Glad to see someone tackling this. I ran one of the bigger traditional Bitcoin Crowdfunding platforms on here for a few years. Currently, we are revamping ( or if we ever come back online ) . Let me know if I can be of help. The domain can still be used if need be for such a venture ( got a lot of Bitcoin traffic back in the day ) .  email me if you want to discuss!

bitcoinstarter@gmail.com

hope all is good.
DannyDesert (OP)
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July 29, 2015, 12:26:08 AM
 #3

Hey!  Yea, not technically a crowd funder with bitcoin, more of an exchange where people can buy equity in a project and then get a return on what is made on the project.  I don't think you can actually use bitcoins because they fluctuate in value and you can't peg a specific price to the bitcoin, where as with what I'm talking about you use the open asset protocol and release a certain amount of shares at a set price on the blockchain.  I'm still very interested in what you did.  Were you working with anyone, did you do all the coding yourself?

Hope things are good, thanks for getting back to me.

DD
Pab
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July 29, 2015, 01:03:07 AM
 #4


 Hi Troy

 There will be new service,MultiExchange OperatingSystem

 130fiat money,over 400 crypto and some complimentary currencys,greatbusiness tools,one very intersting for you if you want show people your videos and prevent them from copy,Thay will have all needed financial banking licences,USA,EU Israel
Global system,launch is estimated  in August at least in september,together with them will launch Crowdfunding platform ,what will be included in his system.All his platform can open new doors for you

I work with new innovative digital currency,not blockchain based and with project for indie music artists
and mr Guccione project
About developer i know one but he is busy with his development

Do you have Linkedin ,maybe we can meet there and i can share with you more info
i will pm you tomorrow,sorry that tomorrow but now is 3 am here
Regards
P

 
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bitcoinstarter
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July 29, 2015, 03:43:39 AM
 #5

Hey!  Yea, not technically a crowd funder with bitcoin, more of an exchange where people can buy equity in a project and then get a return on what is made on the project.  I don't think you can actually use bitcoins because they fluctuate in value and you can't peg a specific price to the bitcoin, where as with what I'm talking about you use the open asset protocol and release a certain amount of shares at a set price on the blockchain.  I'm still very interested in what you did.  Were you working with anyone, did you do all the coding yourself?

Hope things are good, thanks for getting back to me.

DD

Right, I get its assets/equity.  There are ways to do it I did it with my BitcoinStarter project.  I like the idea of what you said there of an open assets protocol and release certain amount of shares at a set price on the blockchain. I mostly did marketing and getting projects and most of the coding was done by a partner.  Let me know how I can get involved this for sure .
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July 31, 2015, 07:12:27 PM
 #6

did you get my PM ?
DannyDesert (OP)
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August 01, 2015, 01:43:06 AM
 #7

No, Ive been doing research into Open Assets and Etherium, both do the same thing, but Etherium might be easier, the only problem is it's brand new and not many people are versed in it yet.
bitcoinstarter
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August 01, 2015, 07:25:47 PM
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No, Ive been doing research into Open Assets and Etherium, both do the same thing, but Etherium might be easier, the only problem is it's brand new and not many people are versed in it yet.

Oh ok will check this article out: http://cointelegraph.com/news/115023/how-innovation-in-crypto-crowdfunding-is-empowering-micro-investors?ref=2604&utm_source=twitter&utm_medium=twit&utm_campaign=alx
DannyDesert (OP)
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August 04, 2015, 02:19:58 AM
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Thanks
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August 04, 2015, 05:24:46 AM
 #10

This can all change with Regulation A+, and by using the Open Assets Protocol on the Bitcoin Blockchain we can issue shares of a film to investors who can actually see a return on the money.

An open-source solution called Peershares already exists that would suit your purposes very well! https://peershares.net

Quote
Peershares is an inexpensive and decentralized ledger to be used by businesses for raising funds, tracking share ownership and distributing dividends in an automated fashion. Each business using Peershares has its own blockchain that is independent of all others and secured cheaply and easily using proof-of-stake.

It is completely free to use.

Not technically a crowd funder with bitcoin, more of an exchange where people can buy equity in a project and then get a return on what is made on the project.  I don't think you can actually use bitcoins because they fluctuate in value and you can't peg a specific price to the bitcoin

Two Peershares already exist:

NuShares (https://nubits.com/nushares/introduction) - part of a network that created the world's first stable digital currency, NuBits. NuBits are pegged to $1.00 and have been since September 2014.

BlockShares (https://bitcointalk.org/index.php?topic=1033773.0) - part of a network that is creating a decentralized cryptoequity and cryptocurrency exchange.

If you are interested in setting up a website that can accept funding in exchange for personalized crypto shares, we'd suggest bringing your idea to the Nu forum at https://discuss.nubits.com. NuShareholders may have some ideas for you on how to make it a reality. You could make "MovieShares", sell them to investors, and then eventually return dividends to your investors with the click of a button in your MovieShares wallet.

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August 09, 2015, 11:12:24 PM
 #11

Not in anyway what I want to do.  I want to run a website that uses the Open Assets Protocol because you can peg a price to it, which will run on the Bitcoin Blockchain.  I'm not a fan of other blockchains that don't use Bitcoins, except for Ethereum.

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