[ANN]Crowdsale June 20th|Social Kapital: decentralized business idea marketplace

[Social Kapital]

Welcome to the official topic of Social Kapital!

Crowdsale starts on June, 20th! More information here.

WHATEVER YOU DO, DO NOT MISS THIS OPPORTUNITY

The blockchain layer (bitcoin, ethereum, ripple, hyperledger, R3 consortium and a few new kids on the block) is reaching maturity. The next big growth opportunity is at the application layer. DOAs, DOs, DACS, etc... Social Kapital is right in the middle of this. Join Social Kapital and amplify your capital, skill and network. Become a player in the venture community of the future.

SOCIAL KAPITAL IN 3 MINS

• Video of the Social Kapital Concept
• Video of How Social Kapital Works

SOCIAL KAPITAL IN DETAIL

• How Investments are Made
• The Shareholder Voting Protocol
• Sharing Investment Profits at Social Kapital

SOCIAL KAPITAL IN THE NEWS

• Social Kapital Goes Further Than DAO in Security Concerns
• Decentralized Marketplace Social Kapital Aims At Longest Crowdsale Ever

Stay tuned! And if you have any questions, don't hesitate to write us here. We want you to have your say!

 

[aakashsangwan]

if you have any questions, don't hesitate to write us here. We want you to have your say!

So why new account??

Seems a bit of sensible question.

[niksdt101]

waiting for it

[Social Kapital]

So why new account??

Seems a bit of sensible question.

The account was registered especially to create this official thread. That's why it is new and has a newbie rank.

[republicrypto]

watching for this thread,,

look like interesting and good luck for your project

[electronicash]

Yes another crowdfunding yay!
are you also offering bounties for promoting the crowdfunding through signature campaign?  you'd really get a lot of attention when doing so.

[FalconCrypto]

This sounds very interesting, how will this differ from The DAO?

They seem to be similiar in nature.

[cardiganss]

Welcome to the official topic of Social Kapital!

Crowdsale starts on June, 20th! More information here.

WHATEVER YOU DO, DO NOT MISS THIS OPPORTUNITY

The blockchain layer (bitcoin, ethereum, ripple, hyperledger, R3 consortium and a few new kids on the block) is reaching maturity. The next big growth opportunity is at the application layer. DOAs, DOs, DACS, etc... Social Kapital is right in the middle of this. Join Social Kapital and amplify your capital, skill and network. Become a player in the venture community of the future.

SOCIAL KAPITAL IN 3 MINS

• Video of the Social Kapital Concept
• Video of How Social Kapital Works

SOCIAL KAPITAL IN DETAIL

• How Investments are Made
• The Shareholder Voting Protocol

SOCIAL KAPITAL IN THE NEWS

• Social Kapital Goes Further Than DAO in Security Concerns
• Decentralized Marketplace Social Kapital Aims At Longest Crowdsale Ever

Stay tuned! And if you have any questions, don't hesitate to write us here. We want you to have your say!

 

I am watching

[neolinkhati]

Who is Social Kapital.?

[agamemnon-1]

This sounds very interesting, how will this differ from The DAO?

They seem to be similar in nature.

Well they are both decentralised investments funds built on the ethereum platform. But their
investment approach and reward structure is quite different. Keep in mind that Social Kapital
has been under development longer (check domain name registrations) than the DAO

We believe Social Kapital has the better investment approach and reward structure and hence
will provide better shareholder value. The DAO has been trading at BOOK VALUE (the amount of
ether held in the contract) since launch. We intend to come out of the crowdsale with momentum
So, the community will be working on our first investment within the 60 day crowdsale.

I am confident we will announce an exciting investment before the end of the 60 day crowdsale,
because the key idea behind Social Kapital is crowd sourced business development.
 
Here is a detailed description of our investment process
https://medium.com/@social_kapital/the-social-kapital-investment-process-8f14c8b1d083

Here is our investment approach in a nutshell
https://www.socialkapital.co/approach/

I would like to point out how an investment DAO works.

(1) Shareholder ether is held in a blockchain contract controlled by shareholders (THE BOOK VALUE)
(2) You can exit the DAO at any time by calling a software function. Social Kapital makes this
process far much easy than the DAO. At Social Kapital, exit happens in seconds. With the DAO
exit is a bit complicated.

The investment RISK and REWARD boils down to the investments made. So, to invest in
a DAO fund, you need to look carefully at how the fund makes investments.

[sxafir]

Is there a escrow?

[atchoum6760]

I am watching !

[min68953222guaij@163.com]

This sounds very interesting, how will this differ from The DAO?

They seem to be similiar in nature.

[agamemnon-1]

Who is Social Kapital.?

I am Sirus Knight a co founder of Social Kapital
https://www.linkedin.com/in/sirus-knight-9292a0121

More importantly, Social Kapital is immortal (cannot be deleted) and immutable
(cannot be changed) software on the ethereum blockchain. We are going to publish
the entire codebase at github and this event will be announced on bitcointalk, the
ethereum forum and to the press. Lots of people will take a look at the code and
confirm whether it does what we are saying.

And here is what the code does...

(1) 100% of the ether received is held in a contract controlled by shareholders

(2) Shareholders decide which investments to make and how profits are shared

(3) Anybody can exit the DAO at anytime by calling a function. The contract
calculates your share of ether book value and pays this out once the block
is mined.

Here is the Social Kapital voting protocol
https://medium.com/@social_kapital/social-kapital-gridlock-fd51dcd5ca6e

Now, the question is how many coins have you invested in that gives you this sort
of control over the business and your funds?

We are over excited about the social kapital opportunity. It is not about me or you.
It is about what the crowd, what the community is capable of when there is common
purpose (build great businesses and make lots of money).

Social Kapital is about pooling funds, talent and networks together to build
businesses with the rules of association defined by blockchain software.

Don't trust Sirus Knight, trust the blockchain, trust software!

[arloseb]

Very interesting,will  watch this

[agamemnon-1]

Is there a escrow?

This is better than escrow. ether raised is held in a contract controlled by shareholders.
you can exit investment at any time by calling a contract function and your FLORIN
will be exchanged for ETHER based on the fund's book value.

[Cryptorials]

I love the fact that you've got a special role for the 'devil's advocate'!

That's a role I often find myself in.

[agamemnon-1]

I love the fact that you've got a special role for the 'devil's advocate'!

That's a role I often find myself in.

  I like that role as well. Wisdom of the crowds for all its power
can turn to delusions of the crowd, if groupthink sets in.
the devil's advocates are there to spread a CULTURE that dissent
and independent thinking is a good thing. Actually, that is the
strength of group decision making.

Irrespective of whether the devil's advocate is right or wrong, they
still get rewarded well....

[agamemnon-1]

Yes another crowdfunding yay!
are you also offering bounties for promoting the crowdfunding through signature campaign?  you'd really get a lot of attention when doing so.

Yes another crowdfunding but one like no other.

THE WORST THAT CAN HAPPEN
=====================

You "pledge" some money, join our community on june 20th and see what we are doing.
Check out the investments been proposed. Assess how the community is developing
ideas and finally before the 60 days, assess the first investment the DAO will make.

If all this is not to your liking, you pull up the contract, hit sale florin and hey presto, your
ether is in your wallet. And you walk away.

THE UPSIDES
===============

(1) You join a first mover DAO investment fund with the right winning strategy

(2) The investments been made increase the value (past book value) of the fund
and investments also make profits for shareholders

[Social Kapital]

watching for this thread,,

look like interesting and good luck for your project

Thanks for your kind words keep checking back for updates!