Devcoin Venture

[psybits]

Here's an idea:

Building Website CMS's that can easily be configured for toher currencies like Multicoin

- Shopping Cart CMS similar to CoingGig.com

- Exchange CMS (to easily create a BTC/XXX type exchange)

- Online Wallet CMS

etc.

Or even better make one that can support multiple currencies at the same time.

Glad you posted this Alex - thanks

[FinShaggy]

CHECK OUT THE NEW DEVCOIN FORUMS
http://homegrownsouth.com/forum/viewforum.php?f=14

[FinShaggy]

We should bring more attention to the bounties, and getting people to start new projects. The more goods and services you can use DVC on, the more it will be worth

[killerstorm]

Sorry, perhaps I've missed something, have you already selected top five projects?

If not, when?

[FinShaggy]

Sorry, perhaps I've missed something, have you already selected top five projects?

If not, when?

They will get to it, don't worry. They are always working on tons of stuff.

[killerstorm]

How about a stock/share in a hosted ASIC miner? Merged mining preferably

Glari Mining Project works like that (GMP): https://cryptostocks.com/securities/9

There is also DVC security based on it (DVB): https://cryptostocks.com/securities/14

But relationship between two isn't clear. to be honest. I think DVB owns some of GMP shares.

[FinShaggy]

DevSeed Project:
https://bitcointalk.org/index.php?topic=240703.msg2550718#msg2550718

[The Goat Master]

Is this still open?

[markm]

The delay in obtaining ASICs has been delaying one possible workaround for the lack of merged mining pool software that divides up the merged coins based on how much hashing was contributed.

The workaround I am thinking of is to divvy up the merged coins based on share of ownership of a mining operation that merged mines.

The overheads on such an operation are such that until ASICs are actually in hand and hashing the shares would not look particularly appealing to potential buyers of shares. For example so far i have two dedicated servers out on the net and have ordered a third, because running all the chains to be merged plus the p2pool instance to merge them all while still having all the chains responsive enough to keep the p2pool supplied with work from all the chains promptly takes quite a bit of resources especially with I0Coin and GeistGeld in the merge.

The puny amount of hashing I am currently able to direct at that p2pool instance results in the overhead costs eating a whole lot of the income, so shares of the whole operation at this time would not look very appealing, being largely a share of the overhead costs.

Once all the ASICs arrive (if any of them actually do arrive) the operation overall will look a lot more attractive, albeit by then maybe having absorbed all the overhead costs all these months and gone through all the overhead work of arranging space and power and cooling enough to accomodate them I won't find the idea of divvying the operation up appealing. But I will have the experience of what it takes to be able to seriously consider launching an entire new similar operation that is a divvied up by shares from its inception...

Also, divvying up the actual merged coins need not be how such a thing would operate. it could include trading too, selling all the coins for devcoins.

Then either pay dividends in devcoins or, which i actually prefer to using dividends, be a growth operation that just keeps on buying back shares people want to sell and buying more hashing gear to expand its mining operation.

I prefer a retained earnings operation that buys back shares (and sells them for more than it buys them back at, of course) because it makes people who want to cash out actually have to cash out instead of being able to sit on shares forever while still getting cash out; and also because dividends cause fluctuations in the market price of shares, usually some kind of sawtoothed wave effect.

It seems more reasonable to me that if someone wants cash out the act of cashing out should be an opportunity for someone else to put cash in, thus that cashing out should be by means of selling shares rather than by means of being issued dividends. Also of course all the overhead work and administration of doing dividends is thus avoided making the operation presumably to some extent more efficient than if it did have the whole dividends thing to deal with regularly.

-MarkM-

[skull88]

and 3D models and other stock art that can be released freely with whatever an artist ends up building with it.

Would be pretty great if there was a place you could download high quality opensource imagefiles and send a donation to the artist.
There are sites that offer for example vectorfiles and psd files but you don't always know if you can use them or there is no way to tip the creator.

I would love such a site. 

[The Goat Master]

and 3D models and other stock art that can be released freely with whatever an artist ends up building with it.

Would be pretty great if there was a place you could download high quality opensource imagefiles and send a donation to the artist.
There are sites that offer for example vectorfiles and psd files but you don't always know if you can use them or there is no way to tip the creator.

I would love such a site. 

Off topic, but I like your avatar skull, where did you get it?

[skull88]

and 3D models and other stock art that can be released freely with whatever an artist ends up building with it.

Would be pretty great if there was a place you could download high quality opensource imagefiles and send a donation to the artist.
There are sites that offer for example vectorfiles and psd files but you don't always know if you can use them or there is no way to tip the creator.

I would love such a site. 

Off topic, but I like your avatar skull, where did you get it?

Made it myself a long time ago.

http://bitcoin.nl/graphics

[The Goat Master]

when does voting start?
by the way, markm, you have some very intelligent ideas! 

[termhn]

when does voting start?
by the way, markm, you have some very intelligent ideas! 

Yeah, mark always goes super in depth, probably more so than is necessary