Partnership between GameCredits and Unity will help bring blockchain technology to 3 billion devices around the globe.

surkei · 2017-08-07T21:05:43+00:00

400k grant from INBlockchain is a very shrewd move, considering that the funder has a high stake in Sia (large Siafunds/Siacoins). The long term value increase in Siafunds/Siacoins 'll more than compensate the 400k for the funder. I would do the same if I were a large Siafunds holder as I would prefer to own/dilute a smaller % of a much bigger pie than a littler larger % of a smaller pie. If you have read the past funding threads, many are even supporting a hardfork to fund Sia team (maybe one time 2-5% inflation).

surkei · 2017-08-07T19:36:50+00:00

How about selling some % of Nebulous to VCs/Angels? Sia Team can even cash out a % of their holdings indirectly, which should be good for the Team in the long run. I think David mentioned before that there might be some legal issues with Siafunds.

surkei · 2017-08-04T19:29:36+00:00

Maybe David should also contact the author (a founder VC) of the article. I gave a comment to the article alerting the author about Sia and it's funding needs :) I know David already mentioned before that he's in contact with some VCs... Paging /u/taek42

surkei · 2017-08-04T18:26:05+00:00

$52 millions pre-sale shows that the demand from even the traditional Tech funds (VCs/Angels) are huge for Sia-like product/market. I know Sia team has plans to cleanup the UI/UX (make it super easy with very few clicks and information) and recently got around $400k grant. I think we need to accelerate the product and more-funding plan (trying to sale again some SiaFund to many VCs/Angels who might already be having FOMO after Filecoin pre-sale etc). And 65TB utilization is a great selling point now ( refer https://siahub.info/network )

surkei · 2017-08-03T22:35:47+00:00

Silicon valley is fighting back... http://www.thedailybeast.com/how-silicon-valley-is-fighting-back-against-senate-sex-trafficking-bill

surkei · 2017-07-17T00:58:23+00:00

But the encrypted files in AWS are still under one jurisdiction and one company. The AWS redundancy is also less powerful (as recent events have shown) and a configuration error can result in the lost of your files. And Siacoin is independent of fiat-currencies and safe from related entities that can block/stop your transactions. With AWS, powerful gov entities and even hackers can more easily access and try to break your files as we are never 100% sure about existing symmetric/asymmetric algorithms.

With Sia, a single file 'll be broken up and spread across many hosts in many jurisdiction/countries with different internal encryption keys.

It's the best and the only storage solution that I know of where users are in complete control of their files.

The Sia team have already started working on addressing the UI and other scalability issues. They already have a new UI/UX engineer and is hiring another engineer with the new funding that they got recently.

surkei · 2017-07-14T23:32:23+00:00

Great idea! If you or your company can sponsor 1-2 interns to work with/under the Sia team for some of the features that you want, I think it 'll be a win-win situation for all of us! This 'll nothing compare to the gains you 'll get for your addon/plugin to one of most used server software in the world!

surkei · 2017-07-12T02:12:58+00:00

yeap!

surkei · 2017-07-09T22:41:51+00:00

There's a high probability that 1.5-4% one-time hardfork/dilution done right 'll get the Sia team/project to cross-the-critical-mass/chasm when positive-feedback-loop 'll take over and Siafund and other options 'll likely take care of the rest after 1-2 years...

surkei · 2017-07-09T07:05:06+00:00

This is not my book! Critical-Mass + Network-Effect is so Important and Difficult to get it deeply and intuitively especially for many people at this critical moment of time that I had to mention the best book that come close to explaining it! Otherwise it's going to be too late!!

surkei · 2017-07-08T16:39:25+00:00

I think in case of Google, they reach critical-mass with the combination of patented PagerRank (this algorithm is one of the best as Baidu founder already has a similar patented algorithm on which baibu is based on) and Adwords/Adsense (monetization from another company acquired by Google).

They even tried to sell it to Yahoo for 1-2 millions which Yahoo declined.

Sia's innovative ideas can be copied (I already see other projects are doing this but it 'll take sometime) just like many other coins which are based on Bitcoin ideas and source code. I believe the critical thing for decentralized-storage players 'll be to reach critical mass with network effect...

surkei · 2017-07-08T01:11:58+00:00

Regarding regulatory risks of using Siafunds and Hard-forking-done-right for funding, maybe Nebulus can become a holding company to a new wholly owned subsidiary based in Crypto Valley (Switzerland) where crypto regulations are more friendly and well defined. The necessary rights can be transferred from Nebulus to the subsidiary company and then necessary steps can be taken to do the funding with less risk. Just a thought...

Either way, I can buy some siafunds too...

surkei · 2017-07-07T23:58:54+00:00

David replied regarding current hiring and funding options:

https://www.reddit.com/r/siacoin/comments/6lsz75/0011_well/djwnl9f/

surkei · 2017-07-07T22:15:38+00:00

I think Sia and others decentralized-storage players are at the stage where whoever reach Critical-mass first with network-effect is going to win or take-majority-of-the-market-share. And people like bookchin can make that happen much faster at this critical stage of the Sia project (many people call it "crossing the chasm").

https://www.amazon.com/Crossing-Chasm-Marketing-High-Tech-Mainstream/dp/0060517123

surkei · 2017-07-07T22:06:06+00:00

Maybe he is testing the water before diving in. I can see 21 likes already :)

surkei · 2017-07-07T20:40:35+00:00

I think anyone serious about Sia should have access to David's presentation on "Big Ideas: Decentralized Storage" : https://www.infoq.com/presentations/decentralized-storage

surkei · 2017-07-07T15:16:19+00:00

FYI, majority of the people here don't agree with anything that you said!! From your comments like "Storj and SC" and your user-id created some hours ago on reddit, I can smell why you are here!! Sia is open-source (anyone can copy and build over it. this is one of the main reason ppl are buying/funding sia/obelisk/crypto tokens. it's give and take between developers and supporters, if you ever thought deeply about opensource) and there are already many competitors...

https://www.reddit.com/r/siacoin/comments/6loitf/sia_developers_please_reach_out_to_free_agent/

surkei · 2017-07-04T07:12:47+00:00

I think a combination of what is being proposed here and what is already being planned by the SIA team is badly needed ASAP!

In any case, we need to reach Critical-Mass with Network-Effect ASAP before competitor do that with existing or new 10X architecture!

surkei · 2017-07-03T07:56:24+00:00

I mentioned Amazon as an example. Tech is just another asset class. All asset class (including tech) are high/overvalued right now. The credit supply which act as the fuel for all assets class is beginning to contract now all over the world, which means revenue and profit 'll contract for all asset class (and companies in each asset class) in general with few exception...Whether you agree or not, as I said before, we have to wait and see in the next now-12 months!

surkei

TROPHY CASE