It's far away from your minimal expected!!!
Yeah! You are right. That is better for yearly believers :-) Remember about Next and 22 btc. Anyway until 20 November we won't plan to change terms.
But correction of mistakes in process. We now redesigning our model.
What we discussing:
1. cyber•Shares is protoshares. Any future assets to be distributed to cyber•Share holders. Like Bitshares. Difference is in the target market. Bitshares social consensus rely on Bitshares toolkit, targeted to particular technology DACs and have
audience x. cyber•Fund rely on Cybernetic Business Framework: technology and social consensus that gives full freedom for founders to airdrop future products shares to any audiences and volumes with any tools they want. So cyber•Fund have
audience x*n. cyber•Fund continuously improve CBF. We are working now closely with Coinprism to automate CBF. Another difference with Bitshares is in products. cyber•Fund will develop
products that will utilise the most effective cryptocurrency technologies generating cashflows in bitcoins for shareholders. We like Bitshares and in some cases will use bitshares toolkit in accordance with existing social consensus. But we are not limited with it. So for example cyber•Wallet will use underneath MaidSafe for data storage, Namecoin for identity storage but will allow to receive and send any supported cryptocurrency. Money will come from expanding the audience. Ad model or extra services model could be implemented.
2. cyber•Fund have built-in cashflow engine. In accordance with social consensus cyber•Fund will leave small chunks of created products for itself. That
solves huge problem of cashflows of our brain. Bitshares now reengineer its process and dilute capital. But cyber•Shares designed to have 1000000 cyber•Shares ever. So cashflow problem could be solved by forming small centralised trust inside distributed cyber•Fund. Any dividends from future products to be distributed for existing shareholders, one of which is cyber•Fund itself. Shareholders will have ability to adjust cyber•Fund investment policy by increasing or decreasing volume of small centralised trust.
3. We want to unite communities. Huge chunk of cyber•Shares will be
airdropped to initial investors of Ethereum, MaidSafe, Bitshares AGS & PTS and Next:
There is 4 golden addresses:
- Ethereum Exodus 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2
- Bitshares AGS Genesis 1ANGELwQwWxMmbdaSWhWLqBEtPTkWb8uDc
- Next Genesis 1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a
- Maidsafe Genesis 1KHfLixa2idRnZXMUfEisBati1vpywaH6E
So if you are was smart enough and invested to this projects you is already our shareholder. Just wait a bit.
4.
Founders volume will be significantly decreased.5. We don't know yet is it good or not to start new round of funding in Btishares auction style or just put some chunk of shares to the markets. To be solved later. How do you think? We want to begin concentrate on products and finish cyber•Fund setup. But obviously we are too weak now.
6. cyber•Shares voting process to be distributed. Now its ugly.To be: Any shareholder could vote for any initiative from community with shares. Process is built with Github, Bountysource and cyber•Forum.
8.
Preallocated revenue was removed. We decide that bitcoins that we already spent or loose (~300) on the project is our own risks. That is hard decision, but we believe that it is right.
9. Also we begin develop
cyber•Rating. We want attract more real experts for crypto asset appraisal.
10. So revision 2 of
cyber•Paper will appear soon. We still need help with editing our English. There is
bounty11. Please
join cyber•Forum - that is cosy place for interesting stuff, which not about pumps and dumps or garbage coins. Technology and products in the core of discussion. For everybody who join cyber•Forum there is bounty
10 cyber•Shares and 100 cyber•Shares if all seven "Getting started" badges achieved. Welcome!