A quick little note for all of you delegating to dstors

in #busy6 years ago (edited)

Hey Everyone,

It seems everyone is very excited about dstors. I can see why..

A peer to peer market using crypto is an awesome idea and I hope they are very successful, it would be good for all of crypto if they are.

There are a few things that need to be pointed out.

@dstors' website will not interface with the Steem Blockchain at this time.
and the tokens will be issued from Bitshares.

image.png

So, the only thing this has to do with Steem apparently is the funding.

This is fine as long as you are aware of that, but remember dlive and consider other than creating a market for crypto this really doesn't have anything to do with Steem.

There I said it.

Well, I was just going to make this a quick post and let it go, but to the response and flagging on this post I will be writing up a full review of their funding project and white paper... Better save up a lot of voting power to handle this one @starjuno

@whatsup

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Hey @whatsup, you so conveniently left out some REALLY important facts.

Let me fix your calculated "leave outs":

  1. STORS token carries a convertible option to ICO tokens once and if sustainable $1 mil per month in total transactions is achieved. This equates it in many ways like a "Founder's Option" to a startup. DLive never provided this feature. In fact, no entity has EVER provided this convertible option as a benefit!

  2. Anyone who wants to spend STORS token for STEEM upvote will require a Steem account. This benefits the STEEM community because we project not hundreds, but tens of thousands of new account openings will occur. dLive never had even this in the remotest part of their benefits list.

  3. To say dStors has nothing to do with STEEM is very one sided. dStors will be the reall true merchant transaction site that readily accepts STEEM and SBD.....dLive never provided this.

  4. dStors will cross-pollinate its benefits with Whaleshares community. dLive never did this.

  5. dStors is really the ONLY project that is TRULY sponsored by the "Community"...no whales, no Stinc, no Ned and gladly no you @whatsup.....all community. Why? They see the powerful potential benefits as listed above.

  6. dStors is not dLive and your comparative post is ill fitting and highly transparent and unwelcome by dStors team and supporters.

There....I have now further edified you on the benefits of dStors!

@dStors

  1. "if sustaninable"
  2. What would be their recourse if the upvote isn't provided? What is the communication proccess for upvotes?
  3. Okay you will accept payments in Steem. What other payment methods will you accept?
  4. I'm not invested in Whaleshares, so I don't care.
  5. Okay, so it is supported by Heijen. Got it.
  6. Dlive was a good project, it just ended up not having anything to do with Steem.

This was my response to their original white paper and i got a whole week of posts and comments blacked out by their chief delegator and top community member.
They are like big clueless babies.
https://steemit.com/busy/@nathen007/re-taskmaster4450-dstors-is-not-just-an-online-store-20181126t173242008z
I think people have been misled into delegating and blinded by big promises of dstor tokens.
Whole business plan is flawed, nothing new and not even decentralised.

I think their flagging here, shows what they are up to loud and clear.

Muted, no time to waste. Too busy working to make dStors a success.

Again, I wish you well... I just want people to understand what they are investing in is not a Steem Project.

I'm confused.

80% of Dstore tokens go to Dstore.
Mute me too:.::: We will discuss it here and there and there and there.
Ur to busy to give accurate info about your shady project????
10% of Dstore tokens go to Bitshares.
10% of Dstore tokens go to SP Delegators, Gifting, Drops & Shares.

Mantra : Bring all your Crypto's and also Fiat to us, get rewarded with a Dstore token.

Also from the whitepaper: Are you serious? What were you thinking?

https://www.simplypsychology.org/operant-conditioning.html

ackzas_nightmare.gif

Excellent job! I'm glad you are able to provide additional information for people to consider.

As I said, I wish you huge success!

Be it known, that ALL delegators to dStors are FULLY aware of the above benefits of dStors. They ALL made highly informed decisions....they saw that the benefits outweighed the risks.

Apparently, you were one of the few who are uninformed and not aware and thus posted an ill fitting content. For instance, you probably did not even peruse the white paper.

And yet you participated in a Q&A post hosted by dStors and used my response to channel and mold it to your incomplete, unedified view of risk attributable to dStors and comparative to dLive. This is ill placed.

I read the entire white paper which is what lead to my question. It seems odd you are so defensive and StarJuno flagging me just makes it seem that you are afraid of people understanding your business plan? Very odd behavior.

Obviously you did not understand it.
The delegators to dStors clearly have a far higher ability to comprehend.

Apparently some don't approve calculated leave outs and ill molded use of answers to questions given by dStors. In other words, ill biased posting on dStors....some delegators don't like it.

Now you made me look at the white paper too. It has nothing to do with Steem. It´s a BTS token. The advantages you list above do NOT change the fact that this is a NON steem project and all the things listed above sound nice and sweet but can be changed or nullified at any time. And you are maybe right, maybe ALL delegators to dStors are FULLY aware of the above benefits of dStors. But I highly doubt, all of the delegators are FULLY aware, that it is not a Steem but Bitshares project seeking cross polination with whaleshares! 880K Steem delegation for a Bitshares/Whaleshares project. It is an easy decision for me, I only delegate STEEM to projects dedicated to the STEEM engine in the long run. I am not interested to delegate my STEEM towards a BTS/WHL project. That´s what it is. It is good that this is made very clear to the Steem community to avoid misunderstanding. Good info @whatsup thank you. Honestly I do not know why Starjuno flags this post. Fact is: It is not a STEEM project and that is what the post is all about - information - what´s wrong with an informed community?

The SMT is not available....is it? IF SMTs were available, we would be using it. The White Paper also states that once SMTs become available, dStors would take full advantage of it.

It just seems odd to overreact as I didn't really say anything negative. I would have thought you would have jumped at the chance to explain your business model and vision on how this would help Steem Also.

It seemed quite odd how you asked a single question that clearly was in your mind to post about and all you needed was a response from @dstors that you can copy and show to "support" your biased hypothesis.

All know what dLive did. So, to have dStors even be compared to it is disgusting! More so on how you molded your post with calculated leave outs. In the absence of such calculated and selective leave outs of important facts and details, your point would have been moot.

It screamed ill placement.

Look at the comments below. They read your post and based on your biased post of calculated leave outs, they wish dStors no good will. That clearly was your objective, direct or indirect.

You hoped to poke a weakness that might fester to a bleed and take the credit for finding it. Not on our cost!

In fact that is your brand within the Steem community. @whatsup, you have rarely provided any genuine contributions except to poke here and poke there.

Mr/Mrs @dstors,

To someone who hadn't heard of you until now, reading your responses at a 'psychological' level is telling - these are your words, concepts, perceptions and so they seem to tell about you!

I think you may be projecting your own issues for two reasons: (1) they follow emotional patterns of psychological projection (your emotionally loaded responses!) (2) your 'description' of @whatsup as per your comments does not match up with experienced reality and you are unable to demonstrate or illustrate beyond mere stating (as if factual, when it is not).

(2) doesn't need to be explained, it is obvious to all who know her, and it is pretty obvious from the comments of support.

(1) is evidenced in the language you use (and I'm just using the examples contained in this comment): words and phrases like the statements of 'certainty' re. @whatsup's intentions "It seemed quite odd how you asked a single question that clearly was in your mind to post about and all you needed was a response from @dstors that you can copy and show to "support" your biased hypothesis...."they wish dStors no good will. That clearly was your objective, direct or indirect."...."You hoped to poke a weakness that might fester to a bleed and take the credit for finding it.".....these statements are more likely to be projections of your own psychology, your own fears, guilts etc as their basis is not be found anywhere but in your head - you state absolute fact where none exists and the narrative is a function of defensiveness (or attack as defence)! Furthermore, you use words like 'disgusting' and 'scream'...yes, you may be disgusted at the negative publicity to a cherished project (initiated by your negative and defensive reactions/responses) and you may be screaming (looks a bit like it), in any case you are not reacting in a neutral objective (or professional) manner, although you have not stooped to the level of haejin in this dialogue - to your credit :). Lastly, you play the cheap ad hominem card of attempting to discredit @whatsup at a personal level, to degrade her status with the statement "In fact that is your brand within the Steem community. @whatsup, you have rarely provided any genuine contributions except to poke here and poke there."...again, to anyone who knows even a little bit about her presence here, this is clearly false. The reason for engaging in ad hominem is to distract from the content, the substance of an argument which one doesn't feel one can 'win'; it can also be to distract from something to 'hide'. Your reaction is largely emotional, it appears imbalanced, it makes one wonder why the drama, wtf is actually going on!!!?

You seem ultra offended that dstors and dlive be equated in any way. What Whatsup said was:

remember dlive and consider other than creating a market for crypto this really doesn't have anything to do with Steem.

...what are you reading into it and why is it such a sensitive trigger for you? Is it your intention to leave this platform in the manner of dlive? If it is not, and your conscience is clear, why take such offence? Why not instead be sensitive to a community that has been stung by dlive's departure and understand this concern from their POV?

See how it looks to me anyhow?

And yet here you have a chance to communicate directly with your future customers and investors and you are too busy being defensive to take it.

So ...

80% of Dstore tokens go to Dstore.
10% of Dstore tokens go to Bitshares.
10% of Dstore tokens go to SP Delegators, Gifting, Drops & Shares.

Mantra : Bring all your Crypto's and also Fiat to us, get rewarded with a Dstore token.

So, let's see what message you're trying to pilot here; you're trying to say that dStors will use, abuse the STORS token by holding the 80% of STORS.

First, this % breakdown was made public and fully transaparent in the White paper.
Second, when, not if, but when total transactions reach $100 Mil per month; the amount of STORS token rewarded is projected to create a float that would be about 30% to 60% of total supply. So, yes, in the beginning, dStors will be honorable and honest stewards of STORS tokens; held for release as rewards.

At $100 Mil per month in total transactions, dStors will be able to fund not one but perhaps 10 reward voting bots each at 5 Mil SP or more. This load of upvotes will be able to service the large float in STORS. Perhaps the float will reach 80% or more!

At $100 Mil per month in total transactions, dStors will be able to fund not one but perhaps 10 reward voting bots each at 5 Mil SP or more. This load of upvotes will be able to service the large float in STORS. Perhaps the float will reach 80% or more!

Creating 10 bots with each 5 Mil SP or more?

You really think this is beneficial to the steem community?

Let's call it reward pool rape. Is that your business plan?

Muted as I have no time to waste.

Clearly you're not a scientist or have any expertise in behavioral sciences for business.

Go ahead, exemplify your ignorance. It can't be obfuscated by your childish attempt at clever.

It's from your white-paper, ... I am sorry for you!!! Game Over.

80% of Dstore tokens go to Dstore.
10% of Dstore tokens go to Bitshares.
10% of Dstore tokens go to SP Delegators, Gifting, Drops & Shares.
extra cross Pollinated with Whaleshares . . . . Look how some people try to make important information invisible!!!! That makes it all EXTRA SHADY!

alarm.gif

Downvoting for writing bullshit...you royal bitch!
Yeah, that's right...I delegated to dStors for the merits and potential. It's the farthest thing from dLive scam.

Ever hear of the Barbara Streisand effect? It's what brought me here. The down vote tantrum didn't help your cause any.

@haejin I at one time supported you. The name calling is beneath you. Or so I once thought. Your conduct here is trashy.

The thing is Haejin, the only thing I said is that it isn't a Steem Project. If the project was valid and good.. and not a scam.

All he needed to do was point it out

But now you have alerted the entire community to it being an absolutely scam due to your reaction! Enjoy

It's not a scam though you would love to convince the community to be so.
You can't stop a good thing when it's got the community support.

Roll the rock uphill all day you wench!

I read the dstors responses and I fully agree that you choiced the leave outs of important facts and never intended to provide a balanced view.

To compare dStors to dLive was an insult! Undeserving!

Such a fragile little ego... we shall see how this pans out... haha

It has nothing to do with ego but your post which was so skewed to your conniving conclusion....it stank of negative bias!

You're more than welcome to edit your post to provide a balanced view.

And apologize to dStors for even comparing it to dLive. How could you provide such a low insult?

Did you like being called a bitch? What you wrote about dStors was worse!

Fuck you

If you would let me..sure!

Congratulations motherfucker, You've proved the fact that you're the biggest creep on steemit..

Calling her bitch and wench? You're pure trash @haejin
Disagree all you want but leave your chauvinism out of it!

Flagged

For name calling as a form of verbal abuse in which insulting or demeaning labels are directed at a person.

Drink another red bull dipshit!


Good you upvoted your insult to the top, So everyone can see your real face, when confronted with information from the white paper itself. the project is BTS and not STEEM and dstors hold 80% of the coins, Bitshares holds another 10% ! Honestly the more we all look into this, the more questions appear.
The fact that your business partner Tone Vays believes STEEM is a scam doesnt help building trust in any project.
Your 100M daily volume dream is ridicolous. running 10 5M bots to drain the money out of the STEEM chain could be Tone Vays idea. He bad mouths STEEM for 24 months now verbally and now with your help directly by creating rewardpool rape as business model? It is the opposite of a benefit for STEEM and STEEM investors, but just turn it around verbally and call it STRONG BENFICIARIES . . . . . For me it seems more like a BTS bagholders idea to save their asses with a last golden poop. Once SMT are fully released, there will be a SMT exchange. This means game over for BTS markets. BTS has allready no volume now- no teeth and whaleshares.io ?, come on - just a joke - and what does cross-pollinate its benefits with Whaleshares community mean ? would love to get answers to legit questions instead of STALIN like supression of discussion. You play with fire and now the fire is out of your control. There will be posts coming into trending you maybe do not like so much soon
Keep Flagging everyone when confronted with the white papers content. . . . .
whatsup2.png

Sorry you are getting down voted. I don't view what you are sharing as a negative, and not sure why those who down voted did either. I view it as a positive that they are not putting all the energy into Steem, and are simply using it and the community as one of several foundations. Not only could this be smarter for them, but it could strengthen the Steem community by bringing in outsiders to participate.

I can tell you as one who sold years ago on Ebay and Amazon that both have went out of their way to burn their bridges with sellers. There are so many sellers out there wishing someone could come along and compete with those two. The closest has been Etsy, but they sort of boxed themselves in as the craft place and have been fighting to expand from that for some time.

I have to wonder how many who would never have considered anything to do with crypto (this was me the beginning of this very year, but Steemit was my doorway) will see an opening in without the hassles of the exchanges.

On top of this, unlike with Steemit.inc, they will not get crushed (if they are sustainable) when the markets fall as we have seen happen here on this site. It makes me sick thinking this site might not be here this time next year, and it would be the same for any buyers/sellers that help @dstors grow into the peer to peer site that used to be associated with Ebay before they got all wall street (when they brought in Meg Whitman and John Donahoe) like.

I think at the end of this, they found a workaround to the lack of SMT on the chain to fund this project. It is ingenious if you think about it, and I hope they can pull this off. A win for them is a win for the chain, whether it is all in on Steem or not.

If you have reviewed these comments and the idea they will use the steem tokens to upvote investors in the future... And you still want to invest all I can say is best of luck to you. :)

I think they mentioned that. Once SMTs launch, at least in the lite version, if delegators dont see a push towards smt token creation and move from BTS to Steem, im willing to bet anything that all that delegation will evaporate really fast.

Im sure dstors will not risk that. Im almost positive.

At this point we don't know if we are getting SMTs. In addition, wouldn't we be better off to support projects that are being built on the Steem Blockchain?

Im torn when it comes to that. I staked Buildteam tokens that are a BTS asset but their products are on the Steem blockchain.
It really depends on what dstors does in regards how they present themselves outward.

SMTs, as much as i know guys/girls like you are very cautios when it comes to Steemit.inc promises, i think we can say that we are getting something at this point.
The community just put too much pressure on Ned for nothing to be done.

There have even been fork talks about freezing their stake out and if they have another major fuck up they risk losing everything. So yeah.. Smts i think are a reality.

Posted using Partiko Android

It's not my intention to discourage anyone from investing, just it seems they are implying they are part of Steem.

I havent invested since im a cheap bastard hehe, but anything that starts on Steem, tends to stay on steem or it fades away and pisses off one of the biggest communities in crypto.

Dlive was a good thing to show that fact.
Once lazy ass community leaders either switch for more competent ones or start acting and the community realizes its strenght, it will be a huge risk for any dapp/project to do what dlive did.

Which is why i dont think dstors will do that.

Posted using Partiko Android

"Fuck you" is a click away for all delegators.

Posted using Partiko Android

Then why the calculated leave outs of important facts?

I thought you said you read the white paper? Apparently not.

their answers in this thread are hilarious XD

I just asked a question.. Over react much?

Hi @whatsup

@dstors' website will not interface with the Steem Blockchain at this time.
and the tokens will be issued from Bitshares.

I'd like to point out that steem is something I hold dearly to my heart and have had 0 problems on the platform - when I started working on https://steemit.com/steemfleamarket/@steemfleamarket/steem-flea-market-is-now-live-give-your-stuff-away-trade-buy-or-sell-and-earn-sbd-just-by-commenting it was my desire to build a service that is fully integrated with the steem blockchain and you can see how, in my original post. dStors is an evolution of that idea. All product listings, transactions and other innovative uses of the chain such as the built-in escrow and the future SMT release will all be part of dStors. The external database will be used to actually hold things like account information (email/pass login) as well as a custom reputation system similar to that of eBay and dstor's owners (that'd be the users) brand name and identify that can be changed/updated any time. The rest IS on the blockchain. Fully. SMT is great....I can't rely on the smt however (appics also made a similar decision not so long ago and are researching other blockchains and ways to issue their XAP token), and so bitshares was chosen as the perfect solution for the time being. A snapshot of all accounts holding the tokens will be taken upon the release of SMT's - so that's not a problem.

I had a POC called "SteemFest Preview Edition" and that had a lot of functional features one could explore at the time. You can refer to my OG post here for some early screenshots as well: https://steemit.com/dstors/@kaliju/dstors-and-how-the-future-of-international-p2p-trade-of-goods-on-steem-is-already-here-9e0cc260e5f28est

I assure you, there's only one thing that want to see: that we have our own dCommerce dapp on the chain to provide a rich-in-utility use-case for STEEM. And I want publications talking about how great STEEM is and what creative ways it can allow for dapps to be built upon compared to the rest of the slow garbage out there.

dStors WILL fully interface with the steem blockchain as per my original design.

I will consider all comments and hope that I have answered your main concern from the post.
Thank you ヽ(⌐■_■)ノ🛒dStors.com

Thank you for actually presenting a level headed response in this thread regarding your project. The responses of the @dstors account are not something you should be accepting as representing of your brand. To be that defensive and callous in response to genuine concern is rather alarming. You may want to have a talk with the person who is running that account.

Again thank you @kaliju for a reasonable response.

Thank you, I will look into it.

So was that you answering earlier? Who was representing DStors earlier when a response was given? It would help the community know. deranged visions says it wasn’t him yet I’ve seen you both state you two are the main white paper writers and creators of dstors. Thank you.

The person who was in charge of answering questions did not coordinate properly with the team and will no longer use the account to answer on behalf of dStors. However, catching up with everything that was exchanged here, I can see that @whatsup used a clear entrapment of a Q&A; she then selectively left out important facts to put us at ugly level of dLive. I am livid as hell about this. What she did was indeed not courteous and unacceptable. While my colleague lost his temper, it is wholly understandable as the insult of being called scammers and dLive equivalent is more than anyone can take. If anyone has any questions please contact me through our discord and I'll be more than happy to address your concerns from here on out. Thank you.

  • Kali Ju, dStors CEO.

What did I do? I asked if you were building your project on the steem blockchain. I was told you aren't. I told people to be careful... that is entrapment?

So, you guys are going to launch this big huge successful business but you can't handle one tough question? Best of luck to you.

Thank you for the excellent reply and really all I was looking for in the beginning. Better see if you can call your dogs off.

Now alarm bells are going off in everyone's mind.

As I stated several times. If you can execute on your idea I think it will be great for crypto in general. I wish you much success.

If you ONLY had a decent talk with the dStors people.....prior to posting a narrow minded, biased writeup.....sigh. That's been my point all along.

https://dstors.com/

Except this is different than what it says in the whitepaper.

They could have had a really nice conversation here and you wouldn't have 4 rooms of people on Discord reading the white paper and asking WTF.

You caused this... I just asked if it was going to interface with Steem.

LOL... You did this. https://dstors.com/

Now that we are pouring over the white paper... Something we would have never done without your shit fit... There are many more questions to come and they will not all come from me. Have a nice night.

@whatsup,
I see you got a big bash from ranchorelaxo! I see they are behind this project! Don't know what will happen, but for me it's better stay out of such projects!

Cheers~

After reading most of that, I would recommend not to flag discussion and users being careful with their investments.

lesson in how to sell your business..

1/Write in a way to confuse investors.
2/ Attack very aggressively - anyone who asks legitimate questions or points out facts.
3/ Continue the attack, to draw attention to your marketing and personnel skills.

regards.
J Stalin...

Damn. You didn’t tell me you were related to Stalin WTH

Perish the thought, as my uncle Lenin would say...

Oh! my first gif ever , in the history of @lucylin!!!!...in support of @whatsup..

I'm very thrilled about it ! (it doesn't take much! lol)... it feels like it's Christmas......oh.....

https://steemit.com/blog/@lucylin/my-first-ever-gif-made-from-scratch-ok-it-s-not-brilliant-but-it-s-a-start

Stop using her as your muse this is serious business ! 😂🤣

Clearly I will not delegate any steem to this project.

and I respect your opinion, even if you said the opposite I would not flag it.

That's the true spirit! Intolerance is what I see coming from the part of dstors and the ones who delegated to it.

This post aged well...like fine wine...

That's what I said. .

I never meant to kick off the beginning of such a drama, but I can rest easy now that if it hadn't been me it could have been nearly anything. Talk about a bunch of dudes walking around constantly triggered.

Business doesn't run on verbal promises and pure ideals , we all have to learn it one way or another.

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