elective-stereophonic
elective-stereophonic
Karma Ratings for Asset Ann Posts/or any topic that asks for funding. singapore

Nxt ForumSwitch to ArdorForum

Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.2

Author Topic: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.  (Read 2320 times)

lucky88888

  • Hero Member
  • *****
  • Karma: +42/-14
  • Offline Offline
  • Posts: 694
  • NXT-E328-UJDF-KTGH-9C6YQ
    • View Profile
Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« on: February 13, 2015, 08:11:36 am »
There seem to be a certain individual that is always making new scam assets with new identity.

I presume they have profited and it is working for them to make a story and announces funding.
If this keeps going, a lot of new investor will really end up thinking our forum is just a place for scammers to lurk around.

I Think to protect the integrity of our asset exchange and this forum we should create topic threads that can be down voted by our community.
If above a certain down votes the thread shall be moved to a subforum where it will be labeled clearly with suspicious warning.

To counter fake downvotes, we should provide a service to verify identity and if proven then they will get a id proven status.

if you have better ideas, please let it out.

Scam assets is going too far. We have to provide better protection.



EDIT: A Note to SCAMMERS out there: FUCK YOU!
« Last Edit: February 13, 2015, 08:16:40 am by lucky88888 »
Logged
NXT-E328-UJDF-KTGH-9C6YQ
8897013707391239174

cryptoventurefund

  • Full Member
  • ***
  • Karma: +32/-9
  • Offline Offline
  • Posts: 199
  • Please call me Mike
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #1 on: February 13, 2015, 09:08:24 am »
How about restricting the creation of assets...sort of

What i mean is that people could only create a new asset provided that they have a multisig approval from a chosen committee.

Let's say that my asset wouldn't have been approved til i got the ok from nxtinspect for example, and a few other mods and admins.

Or, option 2 : just remove the option of creating assets from the client and limit the option to a few chosen accouts, which would create the asset and transfer the shares to the one who wil hold the new asset.

I hope i'm making sense here.
Logged
NXT-SBSP-BPHH-E7BR-9USXU is promoting the use of NXT in the real life, see : http://www.NXTtracker.com...
Member of TheNxtForex committee

Juniour

  • Jr. Member
  • **
  • Karma: +16/-2
  • Offline Offline
  • Posts: 49
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #2 on: February 13, 2015, 10:40:11 am »
Or just make it worth 50000NXT to list, HA. It will need to be very-very good scam-idea for investors to fall in. And imagine the risk of selling no assets. LOL. He'll have to be very imaginative and persuasive. 50K will go to forgers, scammer scammed, we have less headache. Fewer options to choose from, true. But as of now it sure looks like there are only a hadfull of really nice, working assets here anyway.
Logged
NXT-YZKK-FBRT-UGKD-GUV92

cryptoventurefund

  • Full Member
  • ***
  • Karma: +32/-9
  • Offline Offline
  • Posts: 199
  • Please call me Mike
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #3 on: February 13, 2015, 11:08:22 am »
Quote from: Juniour on February 13, 2015, 10:40:11 am
Or just make it worth 50000NXT to list, HA. It will need to be very-very good scam-idea for investors to fall in. And imagine the risk of selling no assets. LOL. He'll have to be very imaginative and persuasive. 50K will go to forgers, scammer scammed, we have less headache. Fewer options to choose from, true. But as of now it sure looks like there are only a hadfull of really nice, working assets here anyway.

That might work. Given that now days it's quite hard for new assets to raise 50k, it would need a lot of energy for the scammer to even skim a few bucks.

So, +++++ to the 50k idea
Logged
NXT-SBSP-BPHH-E7BR-9USXU is promoting the use of NXT in the real life, see : http://www.NXTtracker.com...
Member of TheNxtForex committee

bcdev

  • Hero Member
  • *****
  • Karma: +162/-22
  • Offline Offline
  • Posts: 666
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #4 on: February 13, 2015, 11:21:03 am »
Quote from: cryptoventurefund on February 13, 2015, 09:08:24 am
What i mean is that people could only create a new asset provided that they have a multisig approval from a chosen committee.

Or, option 2 : just remove the option of creating assets from the client and limit the option to a few chosen accouts, which would create the asset and transfer the shares to the one who wil hold the new asset.
No! That's a terrible idea. It's like throwing idea of a cryptocurrency out of a window and going back to a legacy banking system.
If this ever gets implemented, I'm out.
Additional problem would be: NXTsomethingSomethingSomething verified this asset, so it cannot be a scam. We face scams every day on regulated markets.

Quote from: Juniour on February 13, 2015, 10:40:11 am
Or just make it worth 50000NXT to list, HA. It will need to be very-very good scam-idea for investors to fall in.
NO!
1. Scams will still exists no matter how expensive asset creation is.
2. Everything that makes adoption harder is bad.

Do you really think that 5BTC for an asset is a good idea?
Logged

Juniour

  • Jr. Member
  • **
  • Karma: +16/-2
  • Offline Offline
  • Posts: 49
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #5 on: February 13, 2015, 11:35:18 am »
Quote from: bcdev on February 13, 2015, 11:21:03 am
Do you really think that 5BTC for an asset is a good idea?

It's about 2.5BTC, but yes, I would like someone already having money to manage my money. How about camel-milk-transfer-from-bter? ANYONE with 0.2BTC can try to scam people, anyone. What I was saying - at least we would know that person already has some funds to loose. Not just try and forget.
Logged
NXT-YZKK-FBRT-UGKD-GUV92

cryptoventurefund

  • Full Member
  • ***
  • Karma: +32/-9
  • Offline Offline
  • Posts: 199
  • Please call me Mike
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #6 on: February 13, 2015, 11:51:52 am »
Quote from: Juniour on February 13, 2015, 11:35:18 am
Quote from: bcdev on February 13, 2015, 11:21:03 am
Do you really think that 5BTC for an asset is a good idea?

It's about 2.5BTC, but yes, I would like someone already having money to manage my money. How about camel-milk-transfer-from-bter? ANYONE with 0.2BTC can try to scam people, anyone. What I was saying - at least we would know that person already has some funds to loose. Not just try and forget.

Got to hand it to you on this one.
Avoiding scammers is impossible, but at least we can filter scams this way.
Logged
NXT-SBSP-BPHH-E7BR-9USXU is promoting the use of NXT in the real life, see : http://www.NXTtracker.com...
Member of TheNxtForex committee

bcdev

  • Hero Member
  • *****
  • Karma: +162/-22
  • Offline Offline
  • Posts: 666
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #7 on: February 13, 2015, 12:25:37 pm »
Quote from: cryptoventurefund on February 13, 2015, 11:51:52 am
Quote from: Juniour on February 13, 2015, 11:35:18 am
Quote from: bcdev on February 13, 2015, 11:21:03 am
Do you really think that 5BTC for an asset is a good idea?

It's about 2.5BTC, but yes, I would like someone already having money to manage my money. How about camel-milk-transfer-from-bter? ANYONE with 0.2BTC can try to scam people, anyone. What I was saying - at least we would know that person already has some funds to loose. Not just try and forget.

Got to hand it to you on this one.
Avoiding scammers is impossible, but at least we can filter scams this way.
I don't agree it will help. Let me put it this way:
The price for an asset creation is a barrier to entry. Big price would filter both small businesses and small scams.
Smaller price would allow small business and small scams.

I'd argue that scam/business == constant %, regardless of asset price.

Personally, I'd like to see three types of assets:
- Cheap assets - 1NXT - distinguished by prefix [CHEAP] - for giving away microscopic/non profit stuff like for example "this asset is an entry to my party" - bigger fee would prohibit this kind of asset from existing
- Normal assets - 5000NXT - for normal businesses
- Professional assets - 50kNXT - distinguished by a green bar - for guys like Google/Microsoft/anyone other who can afford it

Don't make the barrier to entry higher, or people will just use Counterparty.
« Last Edit: February 13, 2015, 12:29:14 pm by bcdev »
Logged

cryptoventurefund

  • Full Member
  • ***
  • Karma: +32/-9
  • Offline Offline
  • Posts: 199
  • Please call me Mike
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #8 on: February 13, 2015, 12:30:43 pm »
See, that's the great part about throwing the ball around. Maybe eventually we will find a solution. Communication is the key and all ideas and view points are welcome.
Logged
NXT-SBSP-BPHH-E7BR-9USXU is promoting the use of NXT in the real life, see : http://www.NXTtracker.com...
Member of TheNxtForex committee

lucky88888

  • Hero Member
  • *****
  • Karma: +42/-14
  • Offline Offline
  • Posts: 694
  • NXT-E328-UJDF-KTGH-9C6YQ
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #9 on: February 15, 2015, 11:56:35 am »
i don't like the part about the commitee controlling thing too, that would just make us going centralized.



Quote
Personally, I'd like to see three types of assets:
- Cheap assets - 1NXT - distinguished by prefix [CHEAP] - for giving away microscopic/non profit stuff like for example "this asset is an entry to my party" - bigger fee would prohibit this kind of asset from existing
- Normal assets - 5000NXT - for normal businesses
- Professional assets - 50kNXT - distinguished by a green bar - for guys like Google/Microsoft/anyone other who can afford it

this sounds pretty nice. the more fees you pay to make an asset = the more trust gained.
but still same thing could happen, bigger fee = bigger scam with better success, just requires a bigger pair of balls to do it.

PS: to the scammers out there, thanks for all those bitcoinpauls!
Logged
NXT-E328-UJDF-KTGH-9C6YQ
8897013707391239174

Classical Cat

  • Jr. Member
  • **
  • Karma: +1/-0
  • Offline Offline
  • Posts: 15
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #10 on: February 15, 2015, 07:57:12 pm »
Maybe some kind of insurance company for serious businesses on NXT? If it's well run it can be very profitable and help keep scammers away.
Logged

farl4bit

  • Hero Member
  • *****
  • Karma: +210/-45
  • Offline Offline
  • Posts: 3466
    • View Profile
    • Crypto Advies
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #11 on: February 24, 2015, 06:28:30 am »
I always pledged to make fees for creating assets higher, same goes for MS Currencies. Higher fees will keep spammers away, but not serious companies who want to create assets.
Logged

HCLivess

  • Hero Member
  • *****
  • Karma: +121/-47
  • Offline Offline
  • Posts: 521
  • Hardcore Gaming CEO
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #12 on: February 24, 2015, 08:41:18 am »
Quote from: farl4bit on February 24, 2015, 06:28:30 am
I always pledged to make fees for creating assets higher, same goes for MS Currencies. Higher fees will keep spammers away, but not serious companies who want to create assets.
I don't know. Ponzi which runs away with money generally has much higher funding options than a regular non-cheating business.
Logged
Producing, Lending, Mining, Trading, Forging, Staking

2Kool4Skewl

  • Hero Member
  • *****
  • Karma: +396/-246
  • Offline Offline
  • Posts: 1897
  • Banned!
  • Because I'm a Genius
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #13 on: February 24, 2015, 08:51:38 am »
Quote from: HCLivess on February 24, 2015, 08:41:18 am
Quote from: farl4bit on February 24, 2015, 06:28:30 am
I always pledged to make fees for creating assets higher, same goes for MS Currencies. Higher fees will keep spammers away, but not serious companies who want to create assets.
I don't know. Ponzi which runs away with money generally has much higher funding options than a regular non-cheating business.

Exactly.  Look at BTER.  (aka Bitcoin Thieves Early Retirementfund).
Logged
We are the descendants of Bitcoin.  We are the continuation of the cause it started, but that perished with its centralization.
An economic system is a manifestation of an ideology.  What was lost, we shall reclaim.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

GIGminer

  • Jr. Member
  • **
  • Karma: +16/-25
  • Offline Offline
  • Posts: 69
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #14 on: March 02, 2015, 08:20:23 pm »
Quote from: farl4bit on February 24, 2015, 06:28:30 am
I always pledged to make fees for creating assets higher, same goes for MS Currencies. Higher fees will keep spammers away, but not serious companies who want to create assets.

+1

And the karma ratings for assets can be easly rigged.

Nowadays we have a flock of sockpuppet accounts in the forum daily dedicated to karma themselves and bitcoinpaul anyone whom dares to question the puppeter. We already have accounts with almost 10x karmas than posts, so we can expect that will happens the same with the asset ratings...


PS: waiting a shower of bitcoinpauls in 3...2...1...  ;D
Logged

printshop

  • Hero Member
  • *****
  • Karma: +123/-317
  • Offline Offline
  • Posts: 1004
    • View Profile
Re: Karma Ratings for Asset Ann Posts/or any topic that asks for funding.
« Reply #15 on: March 03, 2015, 08:02:20 pm »
Quote from: lucky88888 on February 13, 2015, 08:11:36 am
There seem to be a certain individual that is always making new scam assets with new identity.

I presume they have profited and it is working for them to make a story and announces funding.
If this keeps going, a lot of new investor will really end up thinking our forum is just a place for scammers to lurk around.

I Think to protect the integrity of our asset exchange and this forum we should create topic threads that can be down voted by our community.
If above a certain down votes the thread shall be moved to a subforum where it will be labeled clearly with suspicious warning.

To counter fake downvotes, we should provide a service to verify identity and if proven then they will get a id proven status.

if you have better ideas, please let it out.

Scam assets is going too far. We have to provide better protection.



EDIT: A Note to SCAMMERS out there: FUCK YOU!


If I ever get off my butt and finish the PlusOne trust system, I suggest that it be reviewed for a replacement of the karma system.

Beyond that, anything which lets people downvote assets or threads is a bad idea because it will be abused. Remember:

Downvoting is bad. Chains of trust are good.

If you put in your "trust config" that you trust Damelon and jl777, then you could say, you indirectly trust everyone they trust and indirectly distrust everyone they distrust. A system of fair weights and measures takes care of the rest; then you can find a trust statistic between you and any other user.

The main obstacle to me finishing this is that I'm lazy and working on other projects. The main obstacle to anyone doing anything similar or better is probably something along the same lines :)
Logged
 

elective-stereophonic
elective-stereophonic
assembly
assembly