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Nxt Discussion => Nxt General Discussion => Topic started by: Damelon on January 12, 2015, 06:45:05 pm

Title: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:45:05 pm
Hello people,

I have been in contact with Freebieservers for a few months now.
I am posting this here on his behalf (although he will certainly chip in later in this thread) because I think the way they have been working (partly pushed by me ;) ) is the way I think is very beneficial to Nxt.

Nxt perspective
As people who have seen my talks and posts may have realised, is that I think the greatest value of Nxt lies not in direct consumer products, but in providing the software and infrastructure that are interesting to businesses. These businesses have a clear stake in getting consumers/users, so they should take care of getting the user base up. We have a LOT to offer to businesses, but very little that is of immediate value (by which I mean without applications built on top of Nxt) to the general user, except perhaps the very small niche of tech-heads.

To that end, I have always been very positive about the project Freebieservers: it aims at a demographic (15-35, male, US and Europe, Gamers) that is véry interesting to us. Nót completely mainstream, because they at least have an elementary understanding of computers, young enough to like new things ánd generally well off financially.

Freebieservers, to me, is the ideal kind of portal to interest these people, while at the same time, give them something to do with their Nxt! They can spend it on the site, pay for their server, pay for ads and eventually even trade it between each other. As we are a financial system, if there is no use, there is no reason to adopt it. With companies like Freebieservers, we gét users while at the same time giving them opportunities to úse our system :).

So, to that end, I have agreed to post this request for funding on his behalf, while at the same time expressing my support. I have done so with the express request to show his results so far. I consider this one of the most important parts of all: to show the money granted and collected so far has been put to work and to show how value is being created. Also, how several companies can work together.

Freebieservers has partnered with mynxt.info for some time now, and this is also as I like it: companies that cross-pollinate and grow together, creating an ecosystem where formerly there was none. If they can partner with other sites/projects in a win-win situation: so much the better. Together, they will grow their pool of services and as such their value.

I will be posting his complete proposal in the next posts.

It's a long one, but please bear with us. I think it's really worth having a serious look at.

If you have a company/project and think you can team up and contribute: even better. Contact me or Freebieservers directly. We need to build our own ecosystems.

Both Freebieservers and mynxt.info (abuelau) will also chip in later, so you know I am not blowing smoke. ;)

The rest of these posts are from Freebieservers.
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:45:51 pm
Freebieservers
When FreebieServers.com first launched, we had a single virtual machine and an idea:  to bring the Freemium business model to the Game Server world, and in the process provide a free gaming platform for users to grow and cultivate a community.  We started using a host of third-party applications to help us realize this idea, and while it had been a difficult job getting the different systems to work together, we’ve gotten our software to a point that works - in its own way.

Once we started seeing that our idea was not only popular but made a good business model, we realized that these tools were not enough to help our business grow in a way that was not only easy to manage from our viewpoint, but easy to handle from our client’s viewpoint as well.  Knowing that in the Freemium model presentation is a large part of success, we decided to start development our own tools to take FreebieServers.com into the next generation of game serving, and that meant replacing these third-party tools that we use to manage and govern our systems.
       
Two months ago, around the beginning of November 2014, we began fundraising for development of these new tools.  Small loans for specific projects evolved into crowdfunding from the NXT Community Marketing Committee, and this has allowed us to begin development of our own systems to replace these third party programs.  The primary third-party software we use, GameCP, has been a huge help in providing the platform to actually serve game servers to our clients.  This tool was not designed with our business model in mind however, and thus has been the focus of the majority of our development:  a replacement for GameCP that can give us all the tools necessary to provide game servers with our Freemium business model in mind.
       
Due directly to the investment from the NXT community, we have managed to develop a system as robust as GameCP in a fraction of GameCP’s development time - 2 months versus 10 years - and this has allowed us to customize how we provide game servers to our clients and implement the first ever micro-transaction-based business model in the game server industry.  This also allows us to present our goods with a direct connection to advertising partners and the NXT community, ensuring global spread and delivery of meaningful content.
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:48:15 pm
(http://i.gyazo.com/0e91d1708325c6f2312a6b010e71b7f3.png)

Freebieservers
Our new game server panel allows us to not only provide free game servers reliably and consistently (a feature that GameCP found lacking at times due to our unique model), but also allows us to provide an actual value to our goods using a cryptocurrency - NXTCoin.  This symbiotic partnership we have cultivated not only allows us to accept many different currencies beyond the USD, but also helps spread the value of NXTCoin specifically and cryptocurriencies as a whole, by using them as our primary virtual currency system.  Other Freemium business models (most commonly Free-to-Play video games) utilize this virtual currency system to value their goods within their own system, instead we use an actual currency giving our target demographic of over 14 million gamers worldwide a direct correlation between the value of their virtual goods and a cryptocurrency.

Now that our new panel is able to provide reliable game serving to our clients, our goals for the near future are to provide intelligent advertising solutions to bring a consistent revenue stream to speed development of our infrastructure.  As part of our new system, we can ensure delivery of advertisement content to our users in a meaningful way thanks to in-game MOTD advertisements served by way of custom plugins and in-site modal popups with advanced regional-based offers. The combination of these technologies allows us to provide premium Tier 1 advertisement hits to any affiliate partners, the track record of which has already been proven via such services as Pinion.gg and MyNXT.info.  Users who sign up for our services are more likely to adopt the product that we advertise due to the targeted methods we use to serve and enforce ads.

In the near future, our infrastructure expansion will likely involve a cloud solution giving us the ability to server game servers all over the world.  Our current model does not provide the elasticity we need to serve game servers around the world, and directly impacts our advertisement delivery.   To that end, one of the major expenses in the coming future is the shift from bare metal to cloud, which is overall a more expensive solution, but has a greater potential for growth overall.  By making direct partnerships with various advertising solutions, we can provide consistent and intelligent marketing to users all over the world via direct in-game MOTD video and banner ads, CPL signups delivered via modal popups on our website, and any other method we can craft into our system without presenting it in a manner that will drive users away.

We plan on a number of additional revenue streams to maximize our growth potential, including licensing of our new panel software for others to use, creating a commodity-based virtual goods betting system, and the introduction of the first-ever gamer related cryptocurrency - backed by NXTCoin.  The diversification of these revenue streams ensures the long-term viability of our business model and the meaningful spread of cryptocurrency to a market more than willing to utilize it in a way that increases the value overall.

(http://i.gyazo.com/f47bef60d72d115437f35328c92297f9.png)
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:49:06 pm
For a live version of the panel, click here (http://69.30.232.146/admin/template_content_ajax/index.html#ajax/index_v2.html)
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:49:48 pm
Advertisement models we intend to use in the coming months

1.1 - CPA ads
         We have experimented with this model of ads at the highest level with a partership with mynxt since December 1. Our users were requested to sign ups and do a variety of activities to garner an ad-free server and some free nxt coins. Over the past 40 days we’ve delivered 3000 sign ups , averaging 100 sign ups every day. From an advertiser perspective, this is major number that can be actively utilized for monetizing and educating users about what we offer
 
1.2 In-server video’s
       We have a combined capacity of delivering over 500,000 impressions every month on our servers between multiple game sessions held while a user is on our server. We intend to form partnership with a variety of coins/communities to help further spread details about what the tech offers and why its important
 
1.3 Banner ads.
       We are able to deliver multiple banner ads between game sessions and on-site to users from across the globe with minimal interruptions to gamers. As long as the product relates to what the users require / the demographic relates to what mentoned, we’ve seen a reasonably high level of interest spurt out of the variety of banner ads we’ve displayed in the past ad we intend to tap on this to further move ahead
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:50:27 pm
Crunching the numbers - What was done with the previous grant?
 
FS was granted a total of 400,000 Nxt on the 1st of December 2014 to bring in 2000 new sign ups for mynxt.info. We’d worked through for the next 15 days with the technical team at Mynxt.info to bring in modals that explained what we were trying to do  to our end users. Once the  bits were in the right place, we pushed out our new bill panel and bega promotions. Since then, we’ve brought in over 3700 users to mynxt at  a daily average of over 100 users per day! . We’ve delivered a surplus of over 1700 users in surplus and delivered on our deadlines a month and a half in advance.
 
That would be us flexing our advertising capablilities, but how was the money earned used by the team at FS?
 
We re-invested into further integration of Nxt into our functioning. The active partnership we had with mynxt made us re-analyze how nxt can be utilized by our end users. We had the liberty of re-building the panel with the funds raised from the AE and we invested money from this grant into stronger integration of Nxt into the system. In the coming months, we anticipate purchase and sale of game items, game server donations and other aspects being made with Nxt.
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:51:28 pm
The following are 3 places we strongly see Nxt being integrated
 
 
Game item exchanges.
In order to further bring in added revenue to the company, we are actively looking at making an exchange for the trade and exchange of game items. Users will be allowed to sell/purchase game items at under-market rates from our exchange utilizing Nxt. How does Nxt come in the picture? Most pay processing companies charge high rates for micro-transactions. Utilizing the speed and low transaction rates Nxt utilizes we’ll be able to tap on to the wide market that lies for game items. Think of it this way : How much will nxt benefit if we see atleast a fraction of the billion dollar industry that deals with game items moving into our platform and have them utilize Nxt?
 
 
Gambling + Game items ?
We intend to roll out an -in-house gambling platform that focuses on game items. Game items are commodity and can often be traded for actual currency. We intend to develop a gambling platform that enables players to bet game items and either cash it out into nxt or just have game items sent back to them. We have this at the top of our priority list and will be rolling this out as soon as our current panel is shipped succesfully. Transactional volumes will be large enough to add value to the network. I’ll be willing to share further details on this with the admins, but would prefer to refrain posting much information on this - given its sensitive nature.
 
 
Gamer team sponsorships.
 
Over the past month we’ve had a number of globally ranked teams reaching out to us, looking forward to working with us on FS promotions. We intend to have  nxt and FS logo imprinted on their jerseys as they move ahead with their career. FS will be promoting gamer merchandise and servers required for them to trade. This helps us establish ourselves as an emerging platform and put word out there. Think of the impact the Nascar campaign had on the value of Doge? Imagine we could pull that out for Nxt every other week? That’s exactly what we intend to do for nxt with our partnership with high end gamers from across the globe. I’ll be very willing to share conversations with a number of globally ranked players with a total reach that cross over half a million users with the admins here.
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:52:27 pm
Of the 1 million Nxt we intend to raise the money will be split into 3 .
 
1. For our on-going mynxt campaign
    We have a monthly capacity to deliver 5000 sign ups for mynxt at the moment. If we can garner enough donations for this cause, we’ll be utilizing a nice chunk of the amount to keep the campaign running
 
2. For development of tech that integrates nxt stronger into our ecosystem
    Most of the funds that come in through this will be re-invested into a stronger integration of nxt into our platform and further education of our usrs on why Nxt matters.
 
3. For partnership with high end gamers across the globe.
              We will be leveraging their reach to further spread word regarding Nxt. We will have admins/marketing heads from the community speak of Nxt at various outlets (twitter, reddit etC) they have access to.
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:55:33 pm
Here are two Prezis which visualise all the above:

On the revamped panel
https://prezi.com/8bfp--arsdv3/freebie-panel/?utm_campaign=share&utm_medium=copy

On the new payments integration
https://prezi.com/rkhwk86klgyv/freebieserverscom/
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 12, 2015, 06:57:55 pm
So, that's it.

If you made it here, well done  ;)

I sincerely think this is a great way to work with Nxt:

1. It generates it's own revenues once bootstrapped
2. It forms partnerships in the Nxt ecosystem, benefitting all involved
3. It attracts a new userbase, and introduces them to Nxt as something that is useful

And from my perspective as a business contact most importantly:

4. It provides us with a use case which we can blueprint and take to other companies and say "See? Thís is what you can do with Nxt!"
Title: Re: Freebieservers fundraising proposal
Post by: dude on January 12, 2015, 07:22:51 pm
For a live version of the panel, click here (http://69.30.232.146/admin/template_content_ajax/index.html#ajax/index_v2.html)

What is supposed to work there? It's just a template with minor edit - https://wrapbootstrap.com/theme/color-admin-admin-template-front-end-WB0N89JMK
Title: Re: Freebieservers fundraising proposal
Post by: Cassius on January 12, 2015, 07:39:14 pm
I'm a big fan of this approach and am really looking forward to seeing how this pans out. Have already donated some NXT and bought the FS asset, and I'd ask everyone to support it in whatever way they can.
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 13, 2015, 12:46:30 am
Forgot to add in the Account ID: NXT-8MLD-T9Q8-NE6E-53MSM

If you want to donate to this project, please do so.

If you want to partner or form a business relationship, please PM Freebieservers himself.
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 13, 2015, 12:56:09 am
Hey there guys,

Just wanted to add to whatever is stated here

P.s - I appreciate Damelon coming forward and linking us with others that'd like to work with  us. FS has an ever-growing inventory of ad spaces and we're actively seeking advertisers to work with us on its optimal usage.

P.p.s - for the user that enquired about the bootstrapp link, - its not a functional preview. Its an early stage edit of what bootstrapp offers. You may check our existing bill panel to see how the end product usually looks like. We use boot-strapp wherever possible to reduce costs and roll out updates faster.
Title: Re: Freebieservers fundraising proposal
Post by: First on January 13, 2015, 11:20:52 am
There is a lot of discussion about the lack of marketing in the forum. I think this is a great approach to reach out to new users.
I hope more services and projects will team up with freebie, like mynxt already does.
Title: Re: Freebieservers fundraising proposal
Post by: Berzerk on January 13, 2015, 03:38:32 pm
Sorry, but I don't see any progress at all until now with the hundred thousands of Nxt you got from the community. If you check the graphs: https://nxtblocks.info/#section/blockexplorer_charts It had no effect at all..

The website you posted is a slightly edited theme you can buy for $20. The things which were changed are not looking very good (imo).

And now you want how much Nxt more? 1M?


I'm all for GOOD marketing, but not for something unprofessional or ineffective. If done right it might have huge success (like a good Nxt iPhone game). But I don't see any major breakthroughs with this.


Please remind, that this is my personal opinion and nothing official from the NxtOrg. (As people were screaming at me in the past, because I sometimes also criticize things.)
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 13, 2015, 04:32:32 pm
Sorry, but I don't see any progress at all until now with the hundred thousands of Nxt you got from the community. If you check the graphs: https://nxtblocks.info/#section/blockexplorer_charts It had no effect at all..

The website you posted is a slightly edited theme you can buy for $20. The things which were changed are not looking very good (imo).

And now you want how much Nxt more? 1M?


I'm all for GOOD marketing, but not for something unprofessional or ineffective. If done right it might have huge success (like a good Nxt iPhone game). But I don't see any major breakthroughs with this.


Please remind, that this is my personal opinion and nothing official from the NxtOrg. (As people were screaming at me in the past, because I sometimes also criticize things.)

Three thousand people referred:
(http://i.gyazo.com/9575f0c4acc409257aa709a87881aa12.png)

Of these, approximately 25% used their wallets 3 times or more.
That's a good result.

Mynxt.info, who has worked with FS posted:

Okay, so in the spirit of keeping the community up to date on this partnership, I wanted to share my side of the experience as well.

  • When we started, the objective was to introduce new people to NXT. Freebieservers had a lot of users, and the age range was very good (16-35 male americans). MyNXT wanted new users both for MyNXT but also for NXT itself. Since we are a NXT company, the more users NXT has, the more MyNXT succeeds as a consequence

  • When FS and I started to discuss the options of working together, it became clear that the current MyNXT affiliate system would not be enough. Our system was designed to just keep track of referrals coming through an affiliate link, and we wanted to pay FS for each user referral but also give NXT to each referred user as a gift. Our system could not do it in an automated way, and developing it meant delaying the plugin system. But we decided to go for it, and we managed to get the new system done in 1 week. Communication with FS was crucial to make sure we didn't waste any time, and that worked well.

  • What we did is that MyNXT introduced a voucher system that affiliates can generate and distribute to their users. Once a user registers using one of those vouchers, our system sends some NXT as a gift to the user and pays FS for the affiliate referral. As FS mentioned, we had many challenges, for example during the course of the last few weeks we had issues with the affiliate account running out of funds, and this is obviously due to the big amount of users being referred to us, which is great of course. Not just great for MyNXT but great for NXT, because each one of those users that use NXT, transferring NXT form the MyNXT wallet to FS, then purchasing items from FS may talk to their friends and family and get more people to join NXT.

  • Every time we had issues (like the account running out of funds, or users not properly inputting their vouchers), FS was very helpful, flexible and reliable. We worked out solutions together and implemented, some times the necessary change was on our side, sometimes on their side and many times in both. But it always worked well. This partnership has also been great from a marketing perspective for MyNXT as FS is very active in the forums and he always keeps people up to date, mention our partnership and his excitement with NXT. I would recommend working with FS to anyone reading this, and I am looking forward to continue working with him.


I think you are mistaking a start up with a running business.

Do you réally think that 3000 wallets with 100 Nxt are going to show up largely in the stats?

If so, we might as well never ever do giveaways, because these do not show up large in any graph.
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 13, 2015, 06:00:42 pm
(http://puu.sh/esYlL/80690f1015.png)

I have registered 2200 users in surplus while charging 1 nxt  , instead of the normal 50 nxt people charge for sign ups at mynxt . I agreed to a deal like this because I know of the volumes am capable of delivering. People have been gambling with them, exchanging them, one group put them into this wallet that I found .  I think its their donation wallet and the forum users were signing up to donate to the forum.

We have taken extra precautions to avoid botted accounts and am sure people are taking interest in what we offer.
You will see what I mean when I go to reddit with my AMA soon.
Title: Re: Freebieservers fundraising proposal
Post by: maddy83 on January 13, 2015, 06:23:14 pm
You already have an asset for this (and I am one of the shareholders).

How does this new fundraising relate to the asset? Why aren't you raising money with the asset, but instead are asking for donations?
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 13, 2015, 06:55:46 pm
You already have an asset for this (and I am one of the shareholders).

How does this new fundraising relate to the asset? Why aren't you raising money with the asset, but instead are asking for donations?



Hey there mate.


First off, I'd like to appreciate you buying my asset. Your investment has helped me take my business onto new heights and I aspire to give you great returns in the coming months.

Why am I not selling stakes, but raising donations ?
Here's why

1. The campaign isn't solely my requirement. Marketing has been lacking for Nxt and I believe my user demographics match with Nxt in multiple ways. What we've proven with our earlier campaign is that we can have atleast a fraction of users have the "nxt-experience" atleast once and eventually pave a small fraction of them into nxt users. I am offering my service to the community - at the end of the day its "take it or leave it". If the community doesn't want it, I'll move on to other avenues. My advertisement inventory is pretty good and am sure I can land commercial deals for the same.

2. Why will I want to raise cash and pay dividends for as long as my business exists for something that isn't even clearly mine? Am developing a new panel - yes, I should sell my shares and raise cash. Am pushing nxt to 5000 users in 1 month - should I sell my shares and raise cash? Probably no. I do share my interest in promoting the currency, but as a business man I should watch out for the best interests of the business too. In light of this, I've come forward offering a much lower marketing spend than most other businesses. The 2.2k users I sent mynxt.info in surplus have been sent for 1 nxt each in comparison with the 50 nxt deal we initially had.

To put this in business terms - that's me looking at a 2000 USD DEFICIT in my balance books.

3. Am I profiting? Yes. But am I making "cut throat profits" ? No. As a business, this is me coming forward and saying " hey guys, this is what I have - feel free to use it. This is what I'll need to keep things rolling. Will be cool if we can pool funds together to do this " . This isn't me saying "my business needs to do this to grow and make ME more cash - give me money plz" . This is a call for collaboration, for pooling, for sharing and growth.

Am sorry, if it seemed other ways. If the community doesn't want to utilize any of this, am very open to stripping it down and removing existing campaigns too. I only request that you see the value of what we're trying to build and not solely look at the price.

Regards
Title: Re: Freebieservers fundraising proposal
Post by: maddy83 on January 14, 2015, 03:44:33 pm
Thank you for your thorough response.

Please don't get me wrong, I am sure the community values your work greatly. If you can spread the word on NXT, it's awesome!

I am sorry to say, I may be dumb, but I still did not fully understand why you are not selling shares, but want donations instead? Because it's a completely different thing to invest and to donate. Buying shares implies that the investors get a share of your future profits. I would suspect this kind of approach would attract more people than donations?
Title: Re: Freebieservers fundraising proposal
Post by: Cassius on January 14, 2015, 03:49:52 pm
Thank you for your thorough response.

Please don't get me wrong, I am sure the community values your work greatly. If you can spread the word on NXT, it's awesome!

I am sorry to say, I may be dumb, but I still did not fully understand why you are not selling shares, but want donations instead? Because it's a completely different thing to invest and to donate. Buying shares implies that the investors get a share of your future profits. I would suspect this kind of approach would attract more people than donations?

There are two aspects to what FS is doing: promoting his business, and promoting NXT. Naturally they go hand-in-hand, but there is an extra overhead associated with promoting NXT. Because of this, and because it benefits everyone in NXT, it seems fair to ask for donations - as well as specifically selling shares in the business.
I also think we should be looking to FS as an advertising partner. They are very well-placed for delivering impressions on our core demographic. Be a shame to waste the opportunity when it's staring us in the face.
Title: Re: Freebieservers fundraising proposal
Post by: xchrix on January 14, 2015, 04:04:01 pm
as far as i see FS make good promotion for NXT and 2000+ ref users is very good.
so whats the best method to help? buying shares, donations, helping code something?
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 14, 2015, 04:34:14 pm
At this moment: seed capital, in any way.

My view is this target group is one of the most promising ones, as they can directly úse Nxt ánd spread the word.

If that needs to be done by donations, so be it, we have a history of those and it wíll benefit us all by creating a solid non-crypto userbase.

We've been talking about mainstream for ages: well, this is it. You won't convince people to adopt unless they can use it, and that kind of package is exactly what is possible here.

I would also hugely applaud any partnerships here that would be the start of a real economic system. Win-win situations, based on for instance Ad deals or other ways both parties would profit and grow within the Nxt ecosystem.

At least have a good look at it and don't forget to also read these threads:

Freebieservers.com - 75,000 Users and growing!
https://nxtforum.org/asset-exchange-general/freebieservers-com-75-000-users-and-growing!/

Mynxt.info + Freebieservers
https://nxtforum.org/marketing-committee/mynxt-info-freebieservers/
Title: Re: Freebieservers fundraising proposal
Post by: xchrix on January 14, 2015, 06:16:34 pm
i also think this is the perfect user group for cryptocurrencies!
you got me. buying some shares now...
i will try to convince some friends to also buy some share
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 14, 2015, 06:18:20 pm
i also think this is the perfect user group for cryptocurrencies!
you got me. buying some shares now...
i will try to convince some friends to also buy some share

I don't know if FS currently has shares for sale.
Please check the account that sells first.
Title: Re: Freebieservers fundraising proposal
Post by: Cassius on January 14, 2015, 06:43:32 pm
i also think this is the perfect user group for cryptocurrencies!
you got me. buying some shares now...
i will try to convince some friends to also buy some share

I don't know if FS currently has shares for sale.
Please check the account that sells first.

No, he's all sold out. These are secondary market.
Maybe we need a new asset with a different revenue setup? People like assets more than donations.
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 16, 2015, 04:03:32 pm
Our new bill panel is live. Feel free to head over and try it out.
We'll be having an AMA on reddit soon. Dates will be announced.

Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 16, 2015, 04:21:02 pm
Our new bill panel is live. Feel free to head over and try it out.
We'll be having an AMA on reddit soon. Dates will be announced.

To add to this: test it by signing up and then going to "Order Now"

The you can see the following screen and play around :)

(http://i.imgur.com/gibSsMB.jpg)
Title: Re: Freebieservers fundraising proposal
Post by: Windjc on January 17, 2015, 02:28:37 am
Look, I love the idea.

But I think you guys need to get creative. Asking people to donate money that they will never see again to put into anyones hands with the hope that somehow it will populate the Nxt userbase in a gamechanging or price changing way is A LOT to ask.

Figure out a way to make it potentially profitable to INVEST not donate.

Yes, you have to think outside the box. But that's where most of the great ideas are anyway - outside the box. How can this be a WIN-WIN for everyone? Thats what you have to figure out.
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 20, 2015, 05:57:53 pm
Look, I love the idea.

But I think you guys need to get creative. Asking people to donate money that they will never see again to put into anyones hands with the hope that somehow it will populate the Nxt userbase in a gamechanging or price changing way is A LOT to ask.

Figure out a way to make it potentially profitable to INVEST not donate.

Yes, you have to think outside the box. But that's where most of the great ideas are anyway - outside the box. How can this be a WIN-WIN for everyone? Thats what you have to figure out.


Hey there,
 
A lot of people have been asking for "proof" of the impact of our advertising campaigns, so here we go


http://www.mynxt.info/charts/number_of_accounts.php?limit=90

Number of wallets on the day we started : 86904
Number of wallets as of today : 97203

Total hike in number of wallets : 10299
Total number of wallets opened by FS users : 7125 

Or  : Total percentage of wallets opened by FS users : 70 percent of all Nxt wallets opened last month.

Further analysis on how this went last week (We haven't been paid for anything beyond 2k users - so yes, we sent in 5.1k users for free these days)

http://www.mynxt.info/charts/number_of_accounts.php?limit=7

You will notice - an average of 500-600 wallets made each day - of which, 300-450 are usually from FS. 

Just wanted to clear this with the general populace.
While its up to the community to make a call on whether or not they'd want to support us in our endeavour , I'd want our work to be acknowledged.

P.s  - for those donating heavily, I'll have an alternate proposal soon. 



t

Title: Re: Freebieservers fundraising proposal
Post by: gs02xzz on January 20, 2015, 06:07:43 pm
Total hike in number of wallets : 10299
Total number of wallets opened by FS users : 7125 
Or  : Total percentage of wallets opened by FS users : 70 percent of all Nxt wallets opened last month.

+1.
Title: Re: Freebieservers fundraising proposal
Post by: egold on January 20, 2015, 06:08:41 pm
Is this your account? NXT-6KQH-6QCB-NTE8-HAYLH

It sends 25 NXT transactions to many accounts, which are then recycled to a bter account, I assume, to dump for Bitcoin: NXT-J2CJ-FBR9-ZE9S-F8HY4

I am sorry if it's not your account.
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 20, 2015, 06:21:07 pm
We have a few new products coming out in the market later this weekend :) .
Looking forward to do  a live preview soon.
Title: Re: Freebieservers fundraising proposal
Post by: JamesList on January 21, 2015, 12:49:40 pm
great work freebie!
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 21, 2015, 01:35:45 pm
Is this your account? NXT-6KQH-6QCB-NTE8-HAYLH

It sends 25 NXT transactions to many accounts, which are then recycled to a bter account, I assume, to dump for Bitcoin: NXT-J2CJ-FBR9-ZE9S-F8HY4

I am sorry if it's not your account.

This is an account for registering accounts on mynxt, so yes.
Some people cash it out, some people pool it together into group accounts.
It's what users do.
Mynxt has confirmed that 20-25% of new users on FS have used their accounts 3 times or more. That's actually pretty good conversion. :)
Title: Re: Freebieservers fundraising proposal
Post by: Cassius on January 21, 2015, 01:40:35 pm
Is this your account? NXT-6KQH-6QCB-NTE8-HAYLH

It sends 25 NXT transactions to many accounts, which are then recycled to a bter account, I assume, to dump for Bitcoin: NXT-J2CJ-FBR9-ZE9S-F8HY4

I am sorry if it's not your account.

This is an account for registering accounts on mynxt, so yes.
Some people cash it out, some people pool it together into group accounts.
It's what users do.
Mynxt has confirmed that 20-25% of new users on FS have used their accounts 3 times or more. That's actually pretty good conversion. :)

It's a shame we don't know what happens after that. 25 NXT of BTC isn't enough to cash out, and I doubt all these people already use BTC anyway... so what are they doing with it?
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 21, 2015, 01:45:31 pm
Is this your account? NXT-6KQH-6QCB-NTE8-HAYLH

It sends 25 NXT transactions to many accounts, which are then recycled to a bter account, I assume, to dump for Bitcoin: NXT-J2CJ-FBR9-ZE9S-F8HY4

I am sorry if it's not your account.

This is an account for registering accounts on mynxt, so yes.
Some people cash it out, some people pool it together into group accounts.
It's what users do.
Mynxt has confirmed that 20-25% of new users on FS have used their accounts 3 times or more. That's actually pretty good conversion. :)

It's a shame we don't know what happens after that. 25 NXT of BTC isn't enough to cash out, and I doubt all these people already use BTC anyway... so what are they doing with it?

The first step is introducing them to the system.
If you look at this post, you can see what can be done with the funds: https://nxtforum.org/general-discussion/freebieservers-fundraising-proposal/msg152128/#msg152128

Step by step.
Title: Re: Freebieservers fundraising proposal
Post by: Cassius on January 21, 2015, 01:47:00 pm
Is this your account? NXT-6KQH-6QCB-NTE8-HAYLH

It sends 25 NXT transactions to many accounts, which are then recycled to a bter account, I assume, to dump for Bitcoin: NXT-J2CJ-FBR9-ZE9S-F8HY4

I am sorry if it's not your account.

This is an account for registering accounts on mynxt, so yes.
Some people cash it out, some people pool it together into group accounts.
It's what users do.
Mynxt has confirmed that 20-25% of new users on FS have used their accounts 3 times or more. That's actually pretty good conversion. :)

It's a shame we don't know what happens after that. 25 NXT of BTC isn't enough to cash out, and I doubt all these people already use BTC anyway... so what are they doing with it?

The first step is introducing them to the system.
If you look at this post, you can see what can be done with the funds: https://nxtforum.org/general-discussion/freebieservers-fundraising-proposal/msg152128/#msg152128

Step by step.

No - I mean the ones that cash out to BTER! 25 NXT is too little to withdraw, so what are they doing afterwards?
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 21, 2015, 01:49:56 pm
Apart from conducting a survey, there is no way to get this info with metrics :)
Title: Re: Freebieservers fundraising proposal
Post by: Uniqueorn on January 21, 2015, 02:02:14 pm
Great work FS
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 22, 2015, 05:54:44 pm
https://nxtforum.org/index.php?topic=5507.msg153966#msg153966

Posting for public reference.
Title: Re: Freebieservers fundraising proposal
Post by: abuelau on January 22, 2015, 11:52:23 pm
Right, so I have been wanting to post an update with some hard numbers here so that people can see what has been achieved so far in terms of bringing new people to NXT (which has always been the goal of this collaboration).

The graph below shows the total number of new NXT users per day (dark green), and how many users were brought by Freebieservers (light green). As you can see, the contribution of our partnership has been non-trivial. It's been over 8,000 new users so far, and all of them get 25 NXT as a gift from us, so they can start using NXT right away. Since they receive this gift, we also pay fees to the network each time, so we already paid over 8,000 in fees that are now in the hands of the forgers.

(http://www.mynxt.info/FS_graph.png)

From my side, we continue to be satisfied with the Freebieservers partnership, and we think that this has been working great for MyNXT and NXT. Please support this partnership and let's find other forward-thinking business people willing to integrate NXT into their systems, we at MyNXT are able and willing to assist.
Title: Re: Freebieservers fundraising proposal
Post by: CryptKeeper on January 23, 2015, 09:44:24 am
Right, so I have been wanting to post an update with some hard numbers here so that people can see what has been achieved so far in terms of bringing new people to NXT (which has always been the goal of this collaboration).

The graph below shows the total number of new NXT users per day (dark green), and how many users were brought by Freebieservers (light green). As you can see, the contribution of our partnership has been non-trivial. It's been over 8,000 new users so far, and all of them get 25 NXT as a gift from us, so they can start using NXT right away. Since they receive this gift, we also pay fees to the network each time, so we already paid over 8,000 in fees that are now in the hands of the forgers.

(http://www.mynxt.info/FS_graph.png)

From my side, we continue to be satisfied with the Freebieservers partnership, and we think that this has been working great for MyNXT and NXT. Please support this partnership and let's find other forward-thinking business people willing to integrate NXT into their systems, we at MyNXT are able and willing to assist.

Thanks for the graph, good to have a visual interpretation of your effort.
It's clear to me that this project is a really great achievement, congrats!
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 24, 2015, 07:21:42 pm
(http://puu.sh/eXvqb/13b2c4464b.png)


Users are now being greeted with this

(http://puu.sh/eXvlF/c14c9096fa.png)
Title: Re: Freebieservers fundraising proposal
Post by: Damelon on January 25, 2015, 05:45:21 pm
I am happy to report that with the help of two anonymous Nxt holders, FS has been able to raise 400,000 Nxt in funds.

150,000 has come from the fund I hold
100,000 from donator one
150,000 from donator two

Part of these funds were a straight donation, part of these were exchanged for assets which FS bought himself off the market.

I invite FS in this thread to explain more on his future plans.

I am also aware that it's rather hard these days to find good offerings to invest into, and so want to extend my thanks to the two people who chose to donate/invest into this venture.
I truly believe that moving outside the known crypto space is the way to go. :)
Title: Re: Freebieservers fundraising proposal
Post by: NxtSwe on January 25, 2015, 08:08:23 pm
I am happy to report that with the help of two anonymous Nxt holders, FS has been able to raise 400,000 Nxt in funds.

150,000 has come from the fund I hold
100,000 from donator one
150,000 from donator two

Part of these funds were a straight donation, part of these were exchanged for assets which FS bought himself off the market.

I invite FS in this thread to explain more on his future plans.

I am also aware that it's rather hard these days to find good offerings to invest into, and so want to extend my thanks to the two people who chose to donate/invest into this venture.
I truly believe that moving outside the known crypto space is the way to go. :)
My hat off to the donors!
Title: Re: Freebieservers fundraising proposal
Post by: Cassius on January 25, 2015, 08:11:53 pm
Yes, hats off to the donors/investors. Very nice to see this initiative supported. Will be watching closely.
Title: Re: Freebieservers fundraising proposal
Post by: duluth on January 25, 2015, 08:15:25 pm
Awsome! I'm looking forward to see the next steps!
Title: Re: Freebieservers fundraising proposal
Post by: Neomadra on January 25, 2015, 08:37:08 pm
Nice job! I like it that you have done something for Nxt although there was not much support in the beginning. You proved that you guys put some effort in this project and that's very good for your credibility. I wish you much success, I'm gonna donate a bit nxt time I open the Nxt wallet.
Title: Re: Freebieservers fundraising proposal
Post by: ThomasVeil on January 26, 2015, 03:22:48 pm
Thanks a lot to the donors!
Really glad this goes forward!

Unless someone is on it already: I would ask that someone keeps an eye on the outcome. As in - how many of the resulting new users are active after cashing in first. We already saw some people even making several accounts. Due diligence is important with this amount of donations.
Title: Re: Freebieservers fundraising proposal
Post by: Freebieservers on January 26, 2015, 07:11:26 pm
I am happy to report that with the help of two anonymous Nxt holders, FS has been able to raise 400,000 Nxt in funds.

150,000 has come from the fund I hold
100,000 from donator one
150,000 from donator two

Part of these funds were a straight donation, part of these were exchanged for assets which FS bought himself off the market.

I invite FS in this thread to explain more on his future plans.

I am also aware that it's rather hard these days to find good offerings to invest into, and so want to extend my thanks to the two people who chose to donate/invest into this venture.
I truly believe that moving outside the known crypto space is the way to go. :)

Just wanted to confirm receipt of the cash.
I would like to come out, set business aside and express my sincere gratitude to a number of members here for constantly helping us - financially, technically and even in terms of emotional support for stronger integration and marketing of Nxt. It has been a pleasure working with the community in the past and I look foward to constantly bringing in such amazing results for the community.

The launch of our new panel was momentarily delayed due to a number of internal issues, but we are working hard towards its launch and I believe I'll have a preview soon for the community. Like always we'll be having a Reddit AMA explaining the reason behind our strong integration of nxt , the role of the AE in our growth, our Nxt marketing campaign and previews of our all new game panel. The idea is to let the end consumers know why Nxt is important to us as a business and them as consumers.

I am looking at a number of avenues for stronger usage of Nxt within our business. We believe instead of solely "giving them away" to gamers - we should also encourage our partners to garner the benefits Nxt offers them. In the spirit of doing this, we'll be offering Affiliate payouts in Nxt to our sales team members. Ofcourse, we'll be having a fiat back end exchange but we'll be promoting Nxt as much as possible in terms of payouts. In addition we'll also be hosting a series of competitions with Nxt for the winners The idea is to slowly create a culture where users talk and use Nxt often. 


We have a number of major avenues to advertise nxt in the future.
We have closely been in talks with teams that rank  globally closely  for  a series of games. My idea was to be corporate sponsors for them to garner attention towards FS as a host.  They come at a pretty heavy price tag  (3-5k) - but they also bring in massive attention along with them. With a combined reach that runs into the millions over avenues like Twitch and Twitter - we believe they can bring a lot of eyes popping onto Nxt. Think about what the Nascar race did for dogecoin ? That's what we want to do, except that we aren't looking at momentary hype but creating a cultural shift. Our wide network of partners within the industry should help us stage the same.

Offering for potential donators

As a means of incentivizing potential donators, I will be offering 1 share for each 10 Nxt donated to this cause. This is in lieu of the fact that the average share price of FS assets are in the 4 nxt range - so we are trying to put a 40:60 ratio for the fund raiser.  For every 10 nxt donated, we'll send in 4  nxt worth shares.
Users may Pm me for direct donations or have nxt sent to the given Nxt address with  a donation message for transfer of assets.


Title: Re: Freebieservers fundraising proposal
Post by: Cassius on February 03, 2015, 07:20:59 am
Quick thought from me: a lot of the NXT given out to new users are being recycled to BTER. Keeping them in the system is a priority.
Have you considered selling FS assets within your client, as well as all the other functionality you have? That's something you can do for a small amount of NXT, and you have a loyal customer base. They might jump at the chance to own a few assets, and it would add liquidity to the market.
Title: Re: Freebieservers fundraising proposal
Post by: yhomega on March 06, 2015, 01:18:15 pm
any update?
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