Categories: Bitcoin Entertainment

CyberShares Launches Sharedrops To Promote Polymorphic DApps

Click here to view original web page at newsbtc.com

A new venture called cyberShares is launching a series of ‘sharedrops’, giving out free digital asset tokens to the users of ‘Bitcoin 2.0′ technologies such as Colored Coins, NXT, Counterparty, Bitshares, Maidsafe and Etheruem.

CyberShares assets will entitle their owners to a share in the profits of the venture, which also includes a CyberFund investment fund and cyberWallet online wallet compatible with multiple digital currency projects. The airdrop is also a prototypical model for the core service which cyberShares will offer – building a community of investors and enthusiasts for ‘polymorphic decentralized apps’

The sharedrop model is inspired by Bitshares’ recently deprecated (but now community maintained) ‘Protoshares’. The idea is that holders of Protoshares would be automatically grandfathered in to any new Bitshares ventures with a 20% stake. The creators of new DACs would get to use the Bitshares toolkit and to launch with the support of an established community of enthusiasts and proven investors, whilst the Protoshares holders would effectively get free shares in the new DACs. In the same way cyberShares holders will be given a 5% stake in any new DApps which partner with cyberShares. This partnership will offer DApp developers not only promotional and community building support, but also access to a set of development tools to build DApps capable of operating across block chains through a new ‘Proof of Origin’ protocol, a set of APIs, and access to the features of cyberWallet.

In order to qualify for the free shares, users must have a certain level of financial commitment within one of the included networks. For example, NXT users with more than 1000 NXT are currently receiving free shares, whilst Counterparty users will require > 50 XCP to be included.

You can visit their website to view a list of upcoming sharedrops.

CyberShares assets will entitle their owners to a share in the profits of the venture, which also includes a CyberFund investment fund and cyberWallet online wallet compatible with multiple digital currency projects. The airdrop is also a prototypical model for the […]

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