Ah, i remember this one.
Joined social media campaign.
Yes sir. Still around working hard. Wanted to give a simple update as to what is going on with the project. But wanted to do it when there was actually a little more than "Hey we are working blah blah blah" "Stay tuned" you know
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UPDATE: For our Supporters
There will be another round of ICO?
Hey Tuvok! How's it going
Yes after much consideration and what is being built currently it will be almost stupid for us and our early supporters not to do another much bigger crowd-sale before the KickStarter. Its just smart. Early supporters
(if they continue to hold the SoLCert token) will obviously be compensated. We are figuring that out now.
With that said a second crowd-sale is not guaranteed. But we are thinking about it. If we want the same type of attention and success Steem got with its -"utility play" to a segment of the mainstream population- then its best we go into that with the fullness of a blockchain which has its token entirely held by its supporters. So if we do become successful YOU ALL become successful and can reap that reward. Right now currently with Bitshares this would not happen as much as if we had our own blockchain which would suck for you all and us
Our version 1.0 blockchain would not need to be anything crazy. We are looking at a number of lightweight features from various blockchains to include. It will be lightweight like Steem. As a matter of fact if you want a vision of what we are trying to do with this next crowd-sale it is to properly recreate the environment of the early success of Steem
WITH STAYING POWER. There is no better example. We would need more funding to achieve this but we can absolutely do it hands down. And dont forget we have content creation powers
Our goal here is still mainstream adoption of our digital token. Not the selling of new blockchain features as if that is itself a business model or guarantee of success. The many failures of blockchains promising success
BECAUSE of FEATURES should help anyone understand that blockchains are not a business model and they most certainly will never guarantee mainstream utility. Just think how many project have raised 3 Mil 6 Mil + and have gone no where or have failed this year. Now contrast that to Steem which started as a "scam", a measly $500,000 investment, a blockchain that in all appearances looked like a version 0.1 blockchain compared to these 3.0 and 4.0 blockchains with stellar crazy insanely advanced features...
Ask yourself what made Steem different from these other more well-funded projects? How did Steem become so successful if they did not start with as much money nor a superior souped up blinged out blockchain? How did Steem find its early success without being 5.0 with every feature and DAPP on the planet? Just look at the time it was top 3 with a $300 Million+ Marketcap. How did it reach that height and every other blokchain from Bitcoin to Ethereum and Ripple all had blockchains with waaaaay more features and DAPP development than Steem. How could Steem have gotten to top 5 without a crazy insanely decked out blockchain?
Simple.
Mainstream Utility with mainstream people. Period.Steem got very successful not because of its blockchain features that is very apparent. It was successful because it gave the appearance of MAINSTREAM ADOPTION. A segment of the mainstream population (not even the coveted segment Millennials) were using it and they were using it despite not knowing it was blockchain tech. They were using it because they could
MAKE MONEY BY SIMPLY BLOGGING. That my friend is why they succeeded. Explaining and showing what they did WITHOUT having to mention blockchain. Introducing a feature that [wait for it wait for it!] ... People actually wanted! Mainstream consumers dont care about blockchains they care about real utility in their lives. SteemIt proved that thesis out on a very small level and look what type of success they found. We are about to do the same in the visual content realm.
And yes for the record... I do think Steem will go back up and even skyrocket again
IF they can figure out a proper business model for SteemIt rewards and continued onboarding.
Now like SteemIt we are going to use Sollywood TV (marketed towards the American public/content creators) to bootstrap our tokens into mainstream use with one utility that has very broad appeal in a mass market industry (ie $200 Billion Cable TV / video content / Streaming market ). This project is still an experiment for that ONE goal. If we can achieve that one goal. Then we can go where ever the hell we want.
DAPPS / BANKING / REMITTANCE / DECENTRALIZED REDDIT / DECENTRALIZED NETFLIX ARCHITECTURE (DECENT) / DECENTRALIZED [INSERT WHATEVER]. Anything else any other project is doing we can add on later when the timing is right. But we must FIRST achieve that goal of creating real utility for our blockchain in consumers lives. Its the same as any other start up like Facebook or Google or Uber which have branched out to other areas they did not start in. But first they started somewhere where they created immense value and their early supporters/Investors benefited.
We are still thinking these things out and again nothing is guaranteed. But its worth our thoughts, our considerations and pursuit. If anyone would like to participate actively in this thinking out process fill free to PM me. Future announcments will be made with more clarification. Hope this post answered your question and thanks again for it.
