I appreciate the support expressed in recent comments for the Peershare project.
As I mentioned in my last post, I have been working hard to create detailed plans for an ambitious implementation and extension of Peershare in cooperation with an investor/entrepreneur. We have agreed to move forward to make our design a reality in the way I will describe below.
Peershare development funded with 200 BTC and 60.000 PPC
This venture will ultimately develop an extension of Peershare which will serve important unmet needs in the cryptoeconomy. The design of the system is complete similar to how the Peershare design is complete, although we are withholding details at this time in order to maintain our competitive advantage. What I would like to say about it is that because the core of the project is an extension and implementation of Peershare, our first step will be to fund the open source development of Peershare. Specifically, 200 Bitcoins and 60.000 Peercoins have been put up for the development of Peershare and our extension of it, which we hope to spend over the next 6 to 8 months or so. If the venture is successful, the investor is likely to invest a larger sum of money to scale the number of people working on the project further. Once the core software is running in the wild, we will sell shares (Peershares) of the venture to the public to provide even more funding at intervals.
While we are developing an extension of Peershare that will be competitive in nature, Peershare as a template for decentralized equities will remain a cooperative and open source effort. We hope that other ventures will choose to use Peershare for managing their equity. This project will cultivate consultants with the skills to assist other ventures with their specific implementation of Peershare. Our implementation will make Peershare a mature and stable platform that other ventures can have confidence depending upon.
Hiring C++ developers and QA experts
This means we are now anxious to find C++ developers and QA experts with a passion for blockchains to help us. Terms of compensation are negotiable and will be dependent upon the reputation that an individual has. We are open to either hourly rates (for people/personas/pseudonyms with developed reputations) or a bounty approach where payment is given for delivering software that meets certain specifications. Later other types of positions/roles will be opened. There will never be an office for this venture, so people in any part of the world can participate. Compensation will be paid through the Bitcoin network, while rates and bounties will be set in USD.
QA will begin with the task of testing Phase One development, which is complete. Developers will start with implementing Phases Two and Three. There are descriptions of these posted earlier in this thread, but updated and expanded specifications for these phases will be posted shortly to this thread. To acquire this dream job, start by sending me a Bitmessage at the address in my signature telling me why you are interested and qualified to participate.
For those that want to move Peershare forward but don't have C++ or QA skills, please point people who do have the skills to this opportunity. If you refer someone we pay bounties or consulting fees to we will pay you 10% of their total compensation in the first half of 2014.
Finally, for those interested in investment: We are flattered by your confidence in us. Shares will be made available to the public when the software is mostly complete and running in the wild. Our reputation is very important to us and we opted not to take investment from the public (which in some cases is poorly informed) during the period of highest risk for this venture. We don't want to take people's money based on lofty promises about future accomplishments that would make us vulnerable to charges of being a scam. Additionally, because we are not yet saying much about what the extension of Peershare will do in order to maintain competitive advantage, we can't market this right now.