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  • May 02 2020 19:29
    apurvamayank closed #2
  • Nov 05 2017 03:09

    kordless on master

    WARNING" (compare)

  • Nov 05 2017 03:08

    kordless on master

    adding pike in (compare)

  • Sep 04 2017 17:13
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Коrd Campbell
@kordless
he was the CEO
Mauro Stettler
@replay
hehe, people in taipei wouldn't be happy if you make them part of china
Коrd Campbell
@kordless
he read up on it and shared
Mauro Stettler
@replay
but yes, same culture
Коrd Campbell
@kordless
oh yeah, well aware of that!
and glad they aren’t!
:)
aborigines is what they called themselves.
Mauro Stettler
@replay
hehe
ok, i think i got to take off again soon
Коrd Campbell
@kordless
so, there will be a foundation for utter.io. there will be a token/coin raise for it. the tokens will be used to pay providers and developers.
there will be a company, currently stackmonkey, which will build offerings on top of the utter.io framework. it will be run like a traditional company.
Mauro Stettler
@replay
and the tokens are basically like guarantees for money you don't have yet, right?
Коrd Campbell
@kordless
i’m going to run it, then hire a CEO to run it later so i can work on the foundation.
the tokens go through a few stages.
initially they are ‘reserved’ with bitcoin transactions
later, they are issued through their own blockchain to people who bring value
(providers, developers)
Mauro Stettler
@replay
ok
Коrd Campbell
@kordless
that blockchain, or coin, is then placed up on the crypto markets
where it can be sold/exchanged.
there are reserves on the tokens, sort of like option pools in a traditional company
Mauro Stettler
@replay
oh, ok, i think i get it now... so basically you're like making your own currency which works similar to bitcoin, but runs in parallel to it. but on the markets it can be chagned for bitcoin?
Коrd Campbell
@kordless
i’m splitting things because I think brands have no place in cryptoland.
yes, except it’s not ‘mine’, it’s everyones.
Mauro Stettler
@replay
k
Коrd Campbell
@kordless
i lose control essentially
which is why i want control with the corp
and the corp needs to exist to push a global brand
Mauro Stettler
@replay
ok
Коrd Campbell
@kordless
the corp will use subsets of providers to build a very large offering
which could then be sold with credit cards, or billing models
high trust establishment as well. send out auditors to data centers, for example.
meanwhile, utter.io and individuals are building out a moderate trust cloud.
Mauro Stettler
@replay
hmm.. interesting structure. and what is the foundation doing then? maintaining the opensource projects?
Коrd Campbell
@kordless
yes. and managing the token issuance to stakeholders
Mauro Stettler
@replay
k
Коrd Campbell
@kordless
i.e. provider runs for 3 months with good amount of infra dedicated, he/she gets extra tokens
developer commits lots of useful features, they get X many more tokens.
a good reference would be ethereum
Mauro Stettler
@replay
it's really a cool idea. are you planning to present it in paris as well?
Коrd Campbell
@kordless
i missed the deadline by one day
stupid
Mauro Stettler
@replay
ok
Коrd Campbell
@kordless
given the crazy voting stuff they did, i coudn’t get back in
although ryan floyd at storm ventures said i could have his speaking slot
so it’ll work out
and we coudl do a bof
Mauro Stettler
@replay
cool
Коrd Campbell
@kordless
if you have to go, no worries. i’ll email you about compensation. you should figure out what you want! :)