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Author Topic: Looking for co-investor(s) for credit rating and bail bond system  (Read 7520 times)
davout
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February 15, 2011, 01:20:49 PM
 #41

Update 3: Hosting confirmed, we've got 6 months on a dedicated server for a price of 120btc. With thanks to just a man for providing this.
I'll make it 100 Cheesy

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February 15, 2011, 01:26:50 PM
 #42

Update 3: Hosting confirmed, we've got 6 months on a dedicated server for a price of 120btc. With thanks to just a man for providing this.
I'll make it 100 Cheesy

lol gotta love the market.
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February 16, 2011, 10:56:39 AM
 #43

Update 3: Hosting confirmed, we've got 6 months on a dedicated server for a price of 120btc. With thanks to just a man for providing this.
I'll make it 100 Cheesy

Dave, we may take you up on this, what's the servers specifications?

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davout
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February 16, 2011, 11:07:03 AM
 #44

Dave, we may take you up on this, what's the servers specifications?
More than enough.

Already hosts bitcoin central, some other sites.
IIRC it's a Xeon octo-core with 16Gb RAM, 2Tb HDD and 1Gb network connection.

I'd do the admin and deployments, you wouldn't get SSH access (a phpMyAdmin on the DB and a JSON-RPC access to the client could be available if needed/requested)


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February 16, 2011, 11:12:52 AM
 #45

Dave, we may take you up on this, what's the servers specifications?
More than enough.

Already hosts bitcoin central, some other sites.
IIRC it's a Xeon octo-core with 16Gb RAM, 2Tb HDD and 1Gb network connection.

I'd do the admin and deployments, you wouldn't get SSH access (a phpMyAdmin on the DB and a JSON-RPC access to the client could be available if needed/requested)



Good, we'll take that then.

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Nefario
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February 17, 2011, 02:34:28 AM
 #46

Looking for a bitcoin treasurer. Get in contact, must be reputable.
Second secretary position has been filled.

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Blitz­
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February 17, 2011, 12:28:10 PM
 #47

I’m interested in this. For how long are you still still taking investments?

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
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February 17, 2011, 01:07:28 PM
 #48

Update: We're putting back the collection of funding until Friday next week.

This allows us to get our team in shape(it's a good team so far), get organised as a group.
Allows us to solidify our business plan, revenue streams etc.
Get our costs nailed down, software is complex, planning and pricing it isn't easy.
Time to plan the system correctly

It also allows for more investors to get involved.

To those who are asking are we still taking investment, the answer is yes. PM me what you'd like to put in and anything else you might be able to contribute. All investors we take on will get a share in the company proportional to what they put in. This entitles to the companies profits and voting on company issues.

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February 17, 2011, 10:07:54 PM
 #49

I could possibly invest a few 100 BTC, and as you know, offered to act as treasurer. There's actually more to the revenue sharing than your explanation. You have both initial costs and ongoing costs in the event something unusual happens. I think you do need to explain the plan though more clearly. Why is there a cash treasurer? He will cashout funds and invest them in Geneva? Besides the hosting costs and paying programmers, what is the money for? I guess you are looking to pay a salary to yourself and essentially to anyone getting a revenue share like the treasurer who is working. Then I assume the rest of the cast is to underwrite the risks.

I don't see why the accounting would have to be so complicated. The underwriting maybe, but where does the revenue come from? Without people having the WOT rating they can still easily get BTC by paypal in small amounts. Who needs this service? Who is going to sell them on it and initially collect funds, you? Lots of questions on how it would operate you need to work on before this goes anywhere.

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February 18, 2011, 03:23:26 AM
 #50

When this is finished, I would like to be a bounty hunter for such a system. Will we have to register or anything?

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February 18, 2011, 03:45:24 AM
 #51

When this is finished, I would like to be a bounty hunter for such a system. Will we have to register or anything?

I imagine you would have to register . If you got the wrong guy you would be the one with the loss of reputation...so using the same system means you'd need to provide the same level of reputation pointers.

Accountability would be paramount in such a system imo.



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February 18, 2011, 04:18:31 AM
 #52

When this is finished, I would like to be a bounty hunter for such a system. Will we have to register or anything?

Bounty hunter? I don't think we're be arresting and shooting people.

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February 18, 2011, 04:25:05 AM
 #53

When this is finished, I would like to be a bounty hunter for such a system. Will we have to register or anything?

Bounty hunter? I don't think we're be arresting and shooting people.

Hahaha, not yet anyway but piss enough people off....

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Nefario
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February 18, 2011, 04:54:54 AM
 #54

Update:
We'll be making a public announcement on what we're offering, the terms and everything else next week, probably Tue. or Wed.

In this we'll have plenty of details including our team, costs, projected revenues/income, risks, timescales, a good description of how the system works etc. how much we're looking for, and the timescale were looking at.

Then you will be able to send your investments to our treasurer and get digitally signed receipts with your shares and the contract that we're entering into(which will be available before had for inspection/revision/discussion).

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moneta
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February 21, 2011, 11:34:06 PM
 #55

Will you accept anonymous/pseudonymous investors?

Will the shares be tradable?


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February 22, 2011, 01:19:58 AM
 #56

Will you accept anonymous/pseudonymous investors?

Will the shares be tradable?



Yes we'll accept anonymous investors, however you would have to be extra careful in not losing your private key or share receipts. They can also be traded, at least the y can when we have a stock market to trade them on.

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Blitz­
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February 22, 2011, 01:39:17 AM
 #57

So will you deliver the details today/tomorrow? I would invest at least 100 BTC btw, depending on the details.

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
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February 22, 2011, 03:48:25 AM
 #58

So will you deliver the details today/tomorrow? I would invest at least 100 BTC btw, depending on the details.

Waiting for development pricing from daveout for this, once we have this we can make a proposal. Our original plan was to get funding and then go into development but we'd worked out that this is too open ended, and liable to cause problems.

So we want to have a good proposal made up giving as much detail as possible so investors know what they're getting into. With development costs being our major expense and deciding factor on timing for the launch it's something we have to wait for.


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Nefario
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February 24, 2011, 04:50:54 AM
 #59

I've been chasing daveout for a quote since Sun/Mon(I can't remember which) and haven't gotten anything from him.

Dave, can you give us a quote, otherwise were going to move on.

You have 24hours before you suffer my wrath. And by that I mean get somone else.

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February 24, 2011, 07:28:01 PM
 #60

I think its a great idea.  Would like to see it up and running.
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