[ANN][GSX] Glowshares: Community Driven Blockchain Development

[earlz]

So, what exactly are the ICO funds going to be used for? To hire a developer that can do copy-paste-search-replace, and then to promote the coin via parties with hookers and blow?

Good question!

I am the developer and will be handling the code personally. Funds are used according to the Lean Startup methodology.

The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not "Can this product be built?" Instead, the questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?" This experiment is more than just theoretical inquiry; it is a first product. If it is successful, it allows a manager to get started with his or her campaign: enlisting early adopters, adding employees to each further experiment or iteration, and eventually starting to build a product. By the time that product is ready to be distributed widely, it will already have established customers. It will have solved real problems and offer detailed specifications for what needs to be built.

A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.

So, you're doing this ICO so you can raise money to start a business... And the business will do... something, it'll do it very lean and use funds very well... but not quite sure what will actually be made by the business.

Cool plan, true innovation. will definitely invest 100 BTC

[1715416921]

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[glowshares]

So, what exactly are the ICO funds going to be used for? To hire a developer that can do copy-paste-search-replace, and then to promote the coin via parties with hookers and blow?

Good question!

I am the developer and will be handling the code personally. Funds are used according to the Lean Startup methodology.

The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not "Can this product be built?" Instead, the questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?" This experiment is more than just theoretical inquiry; it is a first product. If it is successful, it allows a manager to get started with his or her campaign: enlisting early adopters, adding employees to each further experiment or iteration, and eventually starting to build a product. By the time that product is ready to be distributed widely, it will already have established customers. It will have solved real problems and offer detailed specifications for what needs to be built.

A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.

So, you're doing this ICO so you can raise money to start a business... And the business will do... something, it'll do it very lean and use funds very well... but not quite sure what will actually be made by the business.

Cool plan, true innovation. will definitely invest 100 BTC

Voting on the blockchain will be the coins first innovation, one that I feel you are not giving enough credit. Voting in a real world scenario is flawed to the core. Decentralizing it, making it trustless and transparent on the blockchain, fixes those fundamental flaws. Human nature is the weakest link, so we remove it from the equation. Then we take that innovation of voting on the blockchain and actually use it ourselves to further the very project that created it.

Treating altcoins like a business is something that I would like to see more of. I'm confident people with a business background like myself will immediately understand what I'm trying to do here and see the vision.

[chicken65]

So, what exactly are the ICO funds going to be used for? To hire a developer that can do copy-paste-search-replace, and then to promote the coin via parties with hookers and blow?

Good question!

I am the developer and will be handling the code personally. Funds are used according to the Lean Startup methodology.

The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not "Can this product be built?" Instead, the questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?" This experiment is more than just theoretical inquiry; it is a first product. If it is successful, it allows a manager to get started with his or her campaign: enlisting early adopters, adding employees to each further experiment or iteration, and eventually starting to build a product. By the time that product is ready to be distributed widely, it will already have established customers. It will have solved real problems and offer detailed specifications for what needs to be built.

A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.

So, you're doing this ICO so you can raise money to start a business... And the business will do... something, it'll do it very lean and use funds very well... but not quite sure what will actually be made by the business.

Cool plan, true innovation. will definitely invest 100 BTC

Voting on the blockchain will be the coins first innovation, one that I feel you are not giving enough credit. Voting in a real world scenario is flawed to the core. Decentralizing it, making it trustless and transparent on the blockchain, fixes those fundamental flaws. Human nature is the weakest link, so we remove it from the equation. Then we take that innovation of voting on the blockchain and actually use it ourselves to further the very project that created it.

Treating altcoins like a business is something that I would like to see more of. I'm confident people with a business background like myself will immediately understand what I'm trying to do here and see the vision.

I agree voting in the real world is totally flawed and wide open for corruption.  BLockchain/Coin tech would change that and it would be brilliant to see something like this adopted in the future.

[pedroeleven]

Look a very interesting coin. I'm going to buy a few.

[sasha35625]

IoT seems to be the new buzzword in crypto. No real substance as of now though

[Collegestudent]

Looks interesting, have been looking for another new gem in Crypto. Dev's answers seem very technical as well.

[WarNeverChanges]

Definitely one to watch... Seems very Bitswift-esque, as its a small ICO with good innovation. Maybe it'll 4x after launch too 

[armlock]

Interesting, probably I will buy some 

[stoner19]

I think this one will be worth watching. I'll definitely be keeping a close eye on things. Great ideas guys!

[glowshares]

Looks interesting, have been looking for another new gem in Crypto. Dev's answers seem very technical as well.

Thanks for the support. My background and experience are more than adequate for the task, that's why I'm able to give detailed answers, rather than the typical vague generalizations. There are devices, products, services, even entire industries that can be improved by decentralization on the blockchain, the possibilities are endless. This is full time for me, not just a hobby. I don't know exactly what the future holds, but I'm willing to put in the effort to figure it out.

[EnJoyThis]

Im liking this one a lot actually.
I sthis correct

Bittrex will host 900,000

only 900k in total.  If so I likey like 

I have the same thought.

Currently all new coins (and also alot of old coins) have multiple billion coins, I'm sure they do this so you think you have alot but actually you don't.

With only 900k cap at ICO you actually are holding a nice amount of you hold 10k coins.

And the longer I think about it, the more I'm liking the idea of a community driven blockchain development. In the end, isn't this what we all want? Having something to say about cryptocoin evolution. Atleast I do 

[glowshares]

http://itsalmo.st/#gsx-ico-time

In the end, isn't this what we all want? Having something to say about cryptocoin evolution.

Well put.

[donbobvanbirt]

I have always thought blockchain technology would be a perfect tool for voting. This has good potential.

[LazerPanther]

Hope the ICO goes well!

[glowshares]

[glowshares]

[glowshares]

Market open: https://bittrex.com/Market/Index?MarketName=BTC-GSX

[erwin45]

Market open: https://bittrex.com/Market/Index?MarketName=BTC-GSX

again, when will the ICO end?  i might buy some depending on the hype at the last day tho

[Booth]

unmoderated thread?
seems to be a newbie dev

fudders will wreak havoc on this thread  

[glowshares]

Market open: https://bittrex.com/Market/Index?MarketName=BTC-GSX

again, when will the ICO end?   i might buy some depending on the hype at the last day tho

- The crowdfund will run for approximately 3 days beginning Nov 13, 2014 at 00:00:00 PST and ending on Nov 15, 2014 at 23:59:59 PST.

First page on Bittrex already.