Ninjastic
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Board Announcements (Altcoins)
Re: 🎥📀 ANN 📀 PUREVIDZ 📀 CROWDFUNDING UNDERWAY 📀 2 ESCROWS 📀 VIDZ 📀🎥
by
Pure_Vidz
on 04/12/2016, 17:29:47 UTC
Quote from: Sourgummies on December 04, 2016, 04:59:52 PM
Quote from: Pure_Vidz on December 04, 2016, 04:52:43 PM
Quote from: Sourgummies on December 04, 2016, 04:40:10 PM
It seems like you have a pretty solid plan for going forward but why do we have to wait for the next whitepapers and the demos as you call them. Why cant we see it all now and start using the site already.

There's a couple reasons for that.

We've built a fully working site internally for testing but a development site is not necessarily something you want users to have access to. We need to make sure it is stable, efficient and user friendly not to mention secure. The first public beta site will be available in the very near future. At the same time that site goes live with some public domain media for users to test the technology with, we will be posting our technology whitepaper detailing how the site and coin function, our plans for how the site will scale and how we plan to keep the site secure in the case of any attempts to take it offline.

By launching those two at the same time it will let people have something to get their hands on and try to prove we can do what we say we can and those who are technologically inclined can verify that the site will be usable at the scope we describe.


The second demo site is what we are working on now which expands the base site functionality with things such as submitting new media, the initial bounty system, searching, tagging, scraping sites such as themoviedb for descriptions and much more. This is where efficient scaling needs to be carefully considered because what works with 1,000 users does not necessarily function under the load of 10,000,000. At the same time this site is released we look to offer our financial whitepaper to give much more specifics of how the ecosystem will function. We've been active in the thread describing in layman's terms how everything will work but investors will obviously require a much more in-depth and precise document showing how coins are exchanged, burned and earned.

It's worth noting that the second demo site will have a global (very small) bounty on all media submitted so everything that is submitted during that phase will be rewarded after the ico ends. It offers us a chance to onboard members of existing torrent communities and get their feedback so any necessary adjustments to the site can be made before its final 1.0 launch.

Do you have an eta on when demo 2 will be available for testing?

Beta 1 will be up within the next 2 days at most. Beta 2 will be reliant on user feedback and testing. Our goal is Beta 2 will be online a week after Beta 1.

The core difference between Beta1 and Beta2 is that we will be allowing users to start submitting new content for the site. For that to work we need to first write the shell of the bounty system to handle submitting and reviewing new media, account permissions and of course tracking who released what so they can receive their bounties after the ICO ends. The search, rating and tagging systems are already in our internal version of the site but will also need full testing when moved into the new structure of the website. During this period it is worth mentioning that submissions will be set to invite + investors only to avoid the site being spammed with fake content. We will likely hand out invites to people from the thread who want to validate functionality as well but they are intended to start onboarding existing release groups from other torrent sites to get them familiar with our systems.