[Passed] Motion to provide seed funding for B&C Exchange - a decentralized exchange built on the Peershares platform

Any discourse instance dedicated to B&C in the works?
I d like to advertise my data feeds once created.

Once @Ben has the time we would like to look at creating a Peershares master forum on Discourse. Discussion on creating a Peershares master forum level

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https://www.reddit.com/r/BCExchange/ for now, may as well try to get some outreach going while we have no official discourse instance.

nice. are u the admin?

@crypto_coiner is the admin

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Correct

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We would like to announce that a B&C Exchange block explorer is now available at https://bcblockexplorer.com.

It is a very basic tool that will see several updates in the next few weeks. Eventually it will have the same functionality as the Nu block explorer. For example, our hope is to have an “All Blocks” page available in a few days that will be very similar to this one in the Nu block explorer.

The first update will include voting and motions pages and should be completed within a couple weeks or sooner.

The second update will include charts and the top richest BlockShareholder addresses and will be completed a few weeks after the first update.

Link to Bitcointalk: https://bitcointalk.org/index.php?topic=1033773.msg12132895#msg12132895

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We are happy to announce the launch of BCExchange.org!

It will serve as a portal for the B&C Exchange project. On the website you can find our latest client downloads, our source code, the latest tweets, and a list of cryptocurrencies and cryptoequities we hope to support.

Please considering sharing this website as often as possible in the other online communities you frequent. B&C Exchange will be a decentralized exchange for anyone in the world to trade their cryptoequities and cryptocurrencies.

Link to Bitcointalk: https://bitcointalk.org/index.php?topic=1033773.msg12141610#msg12141610

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@BCExchange, I think we should post official threads for B&C in all of the communities listed on the website, Litecoin, Dogecoin, Dash, NXT and Bitshares. Threads should be posted on the main forums and those threads should be linked to on each Reddit page, that way we capture people who visit either the forum or Reddit. The threads themselves should be similar to the main Bitcointalk thread with the graphic banners, links and intro to B&C, except without all the fundraising details since it looks like the motion to end BlockShare sales will pass soon.

I believe it would probably be best if you carried this out, rather than me, that way you can update the first posts when needed. Questions about the exchange can be answered in the threads and the latest news can be posted to bump the threads from time to time. The title of the threads in addition to featuring the name B&C Exchange should include the name of the crypto. For example: “B&C Decentralized Exchange Will Support Litecoin” or something similar.

I think it’s a great idea to bring more awareness to B&C than what already exists at Bitcointalk. What do you think?

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Hold back with aggressively advertising BCE for some more days. Starting next weekend would be great!

Even if the motion passes soon, there will be some days left to purchase BKS.
Better wait with advertising BCE in those communities until those days have passed unless you want to have the BKS sold cheaper than necessary :wink:
If the motion proceeds without major changes in voting behaviour it will pass tomorrow.
That allows the BKS sale to continue until end of next Friday.

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Yeah, let’s wait until after next Friday then. That date is also perfect, since I get paid then and can buy my last lot in time.

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We are happy to announce the launch of BCExchange.org!

It will serve as a portal for the B&C Exchange project. On the website you can find our latest client downloads, our source code, the latest tweets, and a list of cryptocurrencies and cryptoequities we hope to support.

Please considering sharing this website as often as possible in the other online communities you frequent. B&C Exchange will be a decentralized exchange for anyone in the world to trade their cryptoequities and cryptocurrencies.

i notice you have the RC1 link under windows on bcexchange.org but the RC2 is available https://bitbucket.org/JordanLeePeershares/bcexchange/downloads/bcexchange-3.0.0-RC2-win-gitian.zip

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Good catch. The delay in getting our website up after it was completed (due to hosting issues) led to that. RC2 is now available on bcexchange.org.

What is the difference between RC1 and RC2?
I did not know that RC2 was released.
Where is the official announcement?

https://bitcointalk.org/index.php?topic=1033773.msg11889471#msg11889471 message #452

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Fundraising has now reached $255,283 US. As a result, all shares at $4.08 have now been sold. The current price of a BlockShare is $4.16. We have now sold 43,553.3325 BKS to second-round purchasers and the total distributed BKS across all groups is 168,483.8849 BKS. The main announcement on Bitcointalk has been updated with this new information.

As a reminder, these are the three important dates coming up that we will adhere to, as specified by motion f8bcd3d068a6b35c92902a8d57e0e773e4e35352.

August 21, 2015 (23:59 UTC) - We will stop accepting offers to purchase BlockShares. For purposes of accounting, this time will be defined as the time a message is received by B&C Exchange, not when the message was sent. If you are planning on making a final purchase, please don’t leave it until the last minute, as we will not extend this deadline for any reason. This date is five days after the motion passed.

August 23, 2015 (23:59 UTC) - Any BlockShares that have not been requested for purchase by August 21, 2015 will be burned. We will post details of the burn transaction publicly so that all shareholders can verify it was completed. This date is seven days after the motion passed.

August 30, 2015 (23:59 UTC) - Any BlockShares remaining that have not been paid for - including those that were requested for purchase but not paid for - will be burned. At this point, all undistributed BlockShares will have been destroyed as per the motion. This date is fourteen days after the motion passed.

Link to Bitcointalk: https://bitcointalk.org/index.php?topic=1033773.msg12168753#msg12168753

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That’s a big jump in fundraising. I wonder if it was caused by @masterOfDisaster’s post on r/cryptocurrency, or if that many people were following along to know about the end of sale.

The logical explanation is that the end of the sale caused the spike in sold BKS - one of the hypothetical benefits of limiting the sale: to get the money (of “hesitant” people) earlier than without a limited sale (and not for the same price later at a lower investment risk). After all this is a venture capital thing and might go horribly wrong. Now people share the risk in a fairer way.
The other possible benefit would have been to sell the BKS later for higher prices.
Looks like it went like intended :wink:

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The announcement thread on bitcointalk is on place 20 sorted by views and has passed the Ripple announcement thread:

http://imgur.com/kBRyffA

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Question, will NuShareholders charge B&C Exchange a monthly fee, or are we just going to provide all that liquidity for free without compensation? I think we should seriously think about charging for our liquidity service.