SAFEBook - Social Network

I got some Gems as well and look closely to all the different crypto 2.0 projects and their coins. It’s not hard to release a new coin on Counterparty. It can be done within 5 minutes. The only thing is, the exchange on Counterparty is quite slow and people are not using it at all. there’s almost no volume on most of the coins. So, to become way more big you have to get traded at Poloniex or something. But first, you have to have a decent whitepaper, a logo, a plan, etc. People will not invest in a system they don’t get. And of course, a lot op people are in there just to make money. Gems might make people money if it becomes populair on smartphones etc. But an app on a system called Maidsafe that’s not even launched?? I like the idea and think Maidsafe should have a nice social network to connect to others. But to get crowdfunding without the Safenet being live or in beta is quite hard I think. Although I would help out and buy some coins :wink:

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It’s not hard to release a new coin on Counterparty. It can be done within 5 minutes.

Yes this is the easy part nowadays I think.

have to get traded at Poloniex or something.

I think this will follow if you have a very successful crowd sale (as you said).

But first, you have to have a decent whitepaper, a logo, a plan, etc. People will not invest in a system they don’t get.

Very true, and doing this properly will require a lot of work and thought. But I think it’s doable. After all, I think the main idea isn’t that hard to explain. Also, MaidSafe has generated a lot of buzz itself, which could work in our favor.

And of course, a lot op people are in there just to make money. Gems might make people money if it becomes populair on smartphones etc.

Good point. I think this is actually the crux of the matter.
Let’s say I’m someone who loves the idea and wants to buy $500 worth of SAFEBookCoins (or whatever) … where’s my path to those coins ever being worth anything?
I’ve read everything I can find about how apps will make money on the SAFE network and it’s still a bit unclear to me. The idea is that apps will earn safecoin if their wallet address is in the app. That’s great for apps once they exist but how can that be used to incentivize bootstrapping the app development? Also, who’s address will be associated with the app? What if there were 100 developers, or 1000?

I guess we’re supposed to build it and hope it gets used. But if that were a sufficient, then why were MaidSafeCoins sold … that fact that that crowd sale happened proves that we need a mechanism which individual apps can use to seed development of those apps.

My understanding is that 10% of safecoins will be paid out to apps as they are used on the network. Maybe some fraction of those could be dedicated to help fund app development. The app developers could hold a crowd sale and sell their WhateverAppCoin on koinify or what not, and then once the network launches those coins could be converted to safecoins at some predefined ratio.

But an app on a system called Maidsafe that’s not even launched?? I like the idea and think Maidsafe should have a nice social network to connect to others. But to get crowdfunding without the Safenet being live or in beta is quite hard I think.

I don’t think it’d be easy, but look at it this way - pretty much every crypto project nowadays is raising money before they have a live product. I agree that it’s an extra leap of faith to fund development of something on a platform which is still being tested, but I don’t think it’s too much of a stretch really given how popular MaidSafe is now in the crypto community.

Although I would help out and buy some coins

That says something :smile:

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As far as I know: if the app creates requests for chunks, and the vaults holding the chunks requested can make safecoins for delivering the chunk… 10% of what can be made will go to the App-creator. So if you create an app that a lot of people use on Safenet, a lot of chunks are requested and 10% of the farming will be for your app/you. So if you want to do a kickstarter on SWARM or Koinify you can promise the holders of the 100 mljn Safebookcoins that they can get 80% or 90% of the money made by the app payed as dividend (this can be done on Counterparty). The 10% money made by the app will go to you as developer. So… Safenet is live. Safecoins are made by your app. Your trade the safecoins you wanna pay to your investors to bitcoin and pay it as dividend on Counterparty.

Interesting plan. The main down side I’d see as an investor would be that I’d need to trust the person running the crowd sale to pay out dividends reliably in the future. It seems too centralized. What if I get hit by a bus and am unable to pay out the dividends?

You need a little team to run the project. The guys at SWARM launched a number of projects on Counterparty and all the project owners are responsible for paying out the divindends themselves. They are gonna change that so they (SWARMcorp) will payout the dividens etc. So I think you need a team, contact SWARM or Koinify for support, need a good website etc. That way it could work. Probably.

Yes a team would help eliminate the single point of failure of one person getting hit by a bus, but there’s still reliance on whoever controls the address the safecoins are paid to.
How would SWARM pay out the dividends if the safecoins are being paid to someone’s safe address? Also, as the app developer, I’m not sure I want to go ahead and trust SWARM with all my safecoins.

I just think it would be preferable if there were a mechanism within MaidSafe whereby the safecoins an app earns would be paid out to a list of addresses at a certain percentage level, so that list could be set up upon release of the app.

All of this dividend stuff seems to be an inefficient way to handle what’s already easily handled by having a specific coin (gems, safecoin, etc).

What about releasing different “flavored” coins within the SAFE network? I know MaidSafe doesn’t use a blockchain, but what I’m thinking is something like the sidechains proposal. Different coins could be created which are pegged to safecoin somehow, and it would be possible to exchange those other coin “flavors” for safecoins at some exchange rate in a distributed way.

Autonomous software agents can shop (buy/sell/trade) without requiring attention from the user. This would help solve the attention scarcity problem. Ads steal attention from the user without giving anything in return and also human beings aren’t really very good at shopping.

Automation in the form of shopper bots (autonomous agents) can help here. In the situation where users want to see ads then the network should profit as a whole or individual users should sell their attention.

I like the way you are thinking about this. Search is a great way to overcome the problem as the user has already established intent to consume, they just don’t know what product or service (ideas, content etc can all be considered in this way) will meet their needs or solve their identified problem. The issue comes with problem or need recognition and also with how a search algorithm will deliver relevant results to the user search term. Our current search models are based on sponsored results and optimising content on sites connected to the product or service to be searched for skew these results. The advertising saturated visual periphery of our current internet is horrible. With MaidSafe we have the chance to change this and move away from a surveillance and inherently forceful model to a more private and choice based one.

These are some core values of the platform I am in planning stages of:

Privacy – for all individual users in the digital space they interact with.

Security – Access to and storage of user data must be secure from intrusion by parties that have not been granted permission for use by the individual user.

Ownership - All data generated through interaction with networked devices and associated software of users should be the property of those individual users.

Of course users having preference and choice is paramount. The UI needs to give significant customization features for privacy and there needs to be a strong focus on a seamless UX as many users would not want to be constantly granting permissions and making decisions at every interaction. Key is to do some of the thinking for them, privacy, security and ownership baked in. But also have the options for certain users to tunnel down and change their preferences if they chose.

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I like that too. We tend to talk in terms of consumption. Its curious that while we talk or eat, although we can multitask to a degree we dont like to be interrupted. Is it consumption so much as communication? The developers of systems and rules and content are in a conversation with future end users and in a sense the end users are in a conversation with developers from years past. Despite the delay along this demension we still.have very little patience with interruption. Its like involuntary coitus interuptus, we get bent out of shape and it carries a stress-emotive cost that is cummulative. I think it is subconsciously percieved as domimation and its constant recurrence is affirmation of subservience. We get interrupted we dont interrupt and its reinforced- a right of preemption. These are systems of disempowerment and aren’t competitive when alternatives are allowed.

Hey all.

Synereo’s launching its crowdsale tomorrow. It’s a fully distributed social network based on existing technology that’s been in development for many years and that is already deployed in commercial services.

Check it out.

http://www.synereo.com/

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Just copying Facebook is like like trying to make a car by copying a horse wagon. In fact, the first cars actually looked like horse wagons, ha ha.

Facebook is kind of social inbreeding. Jesus Christ (I don’t know if he actually existed or is a mythical figure) pointed that out:

“If you love those who love you, what reward will you get? Are not even the tax collectors doing that? And if you greet only your own people, what are you doing more than others? Do not even pagans do that?” – Matthew 5:46-47

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Who said anything about copying Facebook?

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The name in the title sounds like a copy of Facebook. :wink:

Alex Jones said that Mark Zuckerberg had called his users dumb f-ers or something like that. I don’t know if that’s true but I have heard Zuckerberg talking about “people you care about”. That’s a sociopathic statement! Why? Because it means that Zuckerberg thinks people should only care about a handful of people. What about the rest of the 99.99999% of all people? Shouldn’t people care about them?

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Yes, most scholars would agree Jesus was a historical figure. As to being a “Christ”, then really only Christians/Muslims mainly would “believe” this based on faith.
Matthew, by the way is really a creative re-hash of Mark in essence.

The social network being launched by @Elokane is called Synero, I think the title of this thread, started by someone else, is what’s causing the confusion.

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SAFEpost is a good name for a Twitter or facebbook type platform. I think we can combine the functionality of facebook and twitter within this platform. Lets Leave SAFEbook for anyone who decides to open up a gambling application!

Sorry I was a bit hasty and didn’t read the thread enough. I couldn’t resist bashing the mainstream social media in general. :blush: And as for Zuckerberg, even if he did say something nasty it could have been taken out of context or said in a state of frustration.

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Not really, he was quite young back then and Facebook just started, he was bragging to someone else in a chat that people on his site trust him with his personal information, and then called them “dumb ******”.

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