Worker proposals are how things get done around the BitShares DAC. When each proposal reaches a threshold number of votes then bts can be released to reward the labor. My suggestion is to have a 'minor-league' of voting where both the vote requirements and the funds allowable are less.
Consider you want to print and spread flyers featuring all the great information about BitShares in your local town. This is exactly the type of action that would benefit each holder of bts and can be rewarded with treasury bts. This individual is unlikely to organize a coalition of bts voters to reach the 300 million or so bts votes required to pass a worker proposal. If the supplies for this activity cost only $10 then the individual is faced with the choice of eating the cost themselves (as many on the chain do now) or giving up the activity completely (unknown how many BitSharians were lost as a result of this structure).
Call to action: a mini-treasury fund to support projects with total expense under 5000 USD.
How many votes do you think is appropriate for these smaller projects? Several million perhaps?
Bit shares are not a major part of my holding and although look at your posts and the formation you have shared in the past few months has really pushed me to increase % of it in my portfolio. My hands are tied in the sense that at this moment I trying to scrape by and cannot really afford another purchase.
Still it is interesting see new idea floated by you. My understanding of BTS is minimal but I think I get the gist of the idea. So it basically would mean that for a worker proposal the reach of voting threshold comes not from a 'global' pool of voters but rather a 'local' pool - so as to speak.
Depending on the size of project the 'pool' size can be accordingly adjusted for the voting and thus we can have a probably more convenient and efficient way to reach the threshold. Did I understand it correctly?
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Here is how I look at BitShares. It's a platform to build DAOs (Decentralized Autonomous Organizations). Itself BitShares is a DAC offering decentralized exchange services. It has the ability to reward people and firms that support its network value.
For example. We could draft a worker proposal that you and I will write news about BitShares and publish it on steem every day for one month. We can get paid for this as if we work for BitShares because we are providing services for the DAC.
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okay.............. so the 'project' could be the fact that we would be writing and the voting would be for whether we get paid for it.
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Yes. Maybe an upcoming post discuss your journey as a new BitShares account holder. I've been in this game for over a year now so a lot of things have become second-nature. Your perspective would be valuable - and we can seek promotional funding once you WOW the bts holders.
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Interesting idea. If at all possible, I would think that 25 million votes would be sufficient.
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I think so - for some smaller projects it seems appropriate.
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Has Nelson-Hunt anything to do with this "Minor League"?
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Nelson-Hunt would be a perfect candidate for this. I think it is time for an update on Nelson's recent activities. Again, grateful for the support.
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I have checking your posts and comments for BitSilver/BTS challenges ever since the one I got 1 BitSilver. I missed the 0.1bitsilver challenge because I woke up and realised someone had answered the questions. When is the next challenge? I need more silver. It's the only hope among plummeting crypto.
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There are other safe assets when crypto turns red. bitUSD and bitCNY are both very healthy markets on bitshares.
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I used to come across them on the BTS wallet. However, it never cross my mind to check them up. I will research on them.
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Do you hold the bitSilver on Trusty?
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I sold it for BTS. Transferred few to trusty ( test the app) and some to my steem wallet.
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Sure, million.
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