Post
Topic
Board Announcements (Altcoins)
Re: Bitmark
by
cryptozim
on 22/07/2014, 14:39:57 UTC
6 BTC would cover all of my time for a full month, allow for budget of resources, and allow to tip the people who help.

In some places in the world 6 BTC in a month is a very good salary. Is this going to be setting a precedent? Will another 6 BTC be required for development next month etc etc.

I am not saying that you (the developer) are not doing great work with Bitmark, but I do think this is potentially a dangerous path. Should the reward not be in the projects success?

Quote from: coinsolidation
Keep the main channel of bitmark development and support under the model of unpaid work which earns value over time, things like Bitmark, Pfennig, IPM Pool, electrum client, block chain explorers and so on.
Crowd fund side projects such as 'GetMarked' which focus on adoption.

This allows me to work on bitmark full time over the first year, covers resource requirements, and caters for anybody else who wants to join the specific side project.
The crowd funding allows us to gauge whether a side project is worth doing.
Achieving the budget allows us to put full effort in to the rapid development of the specific side project.
A portion of the budget (20%) would be used to mine bitmarks and distribute them to the funders.
The side project itself would increase adoption, earn value for bitmark, and remunerate those funding by the BTM they hold.


Mark is still committed to Bitmark as a coin. But, the various side projects do take time. This is all open source and community-driven, so I'm sure if someone wanted to step up and take control of the GetMarked project, Mark would gladly let them and focus on the coin's core.