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bitsweet

5,815 karma · joined August 12, 2011

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bitsweet··on Show HN: Save your side project
We're always looking at ways we can create more value for the community then the platform fee necessary to run it. Products on assembly benefit from administration of accounting, finances, legal, many operating costs (hosting) pre-profit, as well providing trust layer (with revenue) so that contributors on products know that if there is any success it will be fairly distributed to everyone.

Most importantly there already is a community of other engineers, designers, and even creatives interested in helping with marketing/distribution.

FWIW - other marketplaces often charge 30% or more (e.g. heroku, apple).

bitsweet··on Runbook – DevOps, automated
Congrats @madflojo! We're integrating with Runbook with two of our apps right now.

I'm super excited to see Runbook launch. It has been exciting to watch @madflojo collaborate with the rest of the Assembly community towards this launch.

Since Runbook is a product built on Assembly, anyone can help out. If you have any suggestions or feedback the conversations and future roadmap are here: https://assembly.com/runbook

bitsweet··on With Assembly (YC W12), anyone can contribute to open-source and get paid
> Why do the ownership shares of a project never seem to add up to the total bounties for that project?

Open bounties represent new ownership potential. Transparency is important here - it is one reason why ownership is on the blockchain, this allows it to be verifiable outside of Assembly.

> It seems like many users are creating bounties for projects that they work on and then fulfilling those same bounties.

All new ownership in a product is earned through the same mechanism. This makes progress transparent and participation fair.

> Most projects also have a single user with over 90% of the ownership of a project. While that mirrors how many OSS projects are structured, it doesn't really favor the "collaborative" message of Assembly. Are you doing anything to adjust that, or is it something that is fine in your minds?

Active products rarely have owners with anything close to 90%. Some products may be skewed to an individual that's done a lion share of work initially, but there are many others that are more spread out or become so with time. Opposed to completely working alone, having others to bounce ideas or make other contributions that complement your skills is what Assembly community members find collaborative.

> If an OSS project gains traction, it generally becomes a PaaS solution with 3-5 major providers and many smaller providers. How in the world can Assembly hope to promise people revenue with that model?

It's challenging to compare Assembly products to traditional open source projects & libraries. The Assembly community is building real products, they just happen to have source code that is open source and participation is open, transparent, and collaborative. To clarify, Assembly does not promise a product will earn revenue...only that if any profit is generated, it will be distributed to the contributors. Assembly is already distributing proceeds from revenue producing products, some members are earning over $1000 a month for previous contributions. This aligns Assembly's success with our community.

bitsweet··on With Assembly (YC W12), anyone can contribute to open-source and get paid
Today we announced $2.9MM in funding from Union Square Ventures, Thrive, Collaborative Fund, and others. We're eager to get back to work.

Happy to answer questions.

bitsweet··on Show HN: Assembly – Help build a product, get a share of it
Every product is structured as a partnership (similar to the way a law firm can be a partnership). Everyone who earns App Coins in that product is a partner – which entitles them to a portion of all profits in accordance with their ownership percentage, along with access to business information and direct involvement in decision-making.

I wanted to clarify the above:

1) Though some have conceptually referred to products on Assembly like partnerships they are NOT. They are neither structured as "Partnerships" and are not housed in their own separate legal entity

2) Each product has a group of contributors that, through the rules we all agree to abide by on Assembly (https://assembly.com/terms), collectively determine the strategy and product development as well as share in any profits.

3) App Coins determine a contributors share of any profits and are awarded by the product's Core Team made up from the community. App Coins aren’t transferable, and aren’t exchangeable for other currencies. You can learn more on how App Coins and profits work here (https://assembly.com/help/revenue)

We have spent a lot of time thinking about some of the structural issues raised here. They are the kinds of issues that we see many companies working through as they try to fit new business models into existing rules and regulatory schemes. We’ve done our best to create a structure that addresses regulatory concerns while also maintaining the core principles on which we’ve founded Assembly.

bitsweet··on Show HN: Assembly – Help build a product, get a share of it
Just a heads up, Helpful was actually the first Assembly product. (https://github.com/asm-helpful/helpful-web/pulse/monthly)

Its a community effort so some people have more time then others in a month and products on Assembly each have their own ebb and flow. It does look like just3ws did alot in October but those are probably mostly merge commits (just3ws is on the Core Team). All the partners still shared in last month's proceeds for their previous contributions though.

Disclosure: I work on Assembly

bitsweet··on Show HN: Assembly – Help build a product, get a share of it
Disclosure: I work on Assembly

Thanks marbemac! Thats mostly true but there are a couple things to note:

* That math is based last month's earnings. If next month the earnings go up or expenses go down, the payouts would increase. Here is the break down of September: https://assembly.com/coderwall/posts/september-finances

* The proceeds are paid out every month for the life of Coderwall. Several contributors earned over $500-1,000+ for previous contributions even though they didn't contribute much this last month.

* Everyone can participate in determining the value of bounty, if you feel its too low, you can bump it up and additionally discuss it the thread.

* There are a lot of products that don't earn as much stable revenue and therefore bounty values are more aligned with risks and opportunities.

bitsweet··on Firebase is Joining Google
Congrats James & team!
bitsweet··on Some ideas for native Bitcoin apps
I think this is a great post. I do wish it covered some of the other Bitcoin 2.0 concepts since it can do more then just efficiently moving small amounts of value around. Many think that concepts like smart contracts and fractual ownership (e.g. Reddit's recent announcement) require new altcoins, metacoins, or ethereum but don't realize Bitcoin can natively supports them too. There are already open source colored coin [1] APIs that allow anyone to model ownership of anything on the Bitcoin Blockchain, without any intermediary currency.

[1]http://coins.assembly.com/

(disclosure, helped create this ^)

bitsweet··on Reddit Plans Cryptocurrency to Give Back to Its Users After $50M Raise
Not true. https://coins.assembly.com
bitsweet··on Show HN: Create a custom app coin on the Bitcoin blockchain
Hi Oculus

This API was created so that ownership of the apps built on Assembly are on the blockchain. We even support the option for you to receive your proceeds from the profitable products in Bitcoin using this API. This isn't vaporware, there are already real products being built by a distributed on Assembly using this.

disclosure: I work at Assembly

bitsweet··on Man receives constant pain signals from his brain
This video explains it well http://www.ted.com/talks/elliot_krane_the_mystery_of_chronic...
bitsweet··on Man receives constant pain signals from his brain
Thank you for sharing this.

After 10 years of being heavily medicated to handle the pain, my father too is rarely thinking clearly and has a very poor short term memory.

bitsweet··on Man receives constant pain signals from his brain
It started in a limb (right forearm where he had trauma from a routine surgery). For many people with RSD/CRPS it doesn't spread. Interestingly people used to go as far as amputating the painful limb but phantom pain remained. For a small percentage of people, it spreads over the entire body. They call this Full Body RSD. My father has this so his pain is everywhere but most often it is in his extremities. At it's lowest pain levels he says it feels like the worse sunburn he ever had. At his most painful moments he describes it like being stabbed with knives.

This TEDx talk by Dr. Krane (he works with children with RSD/CRPS) describes the disorder and where the pain comes about half-way through http://www.ted.com/talks/elliot_krane_the_mystery_of_chronic...

bitsweet··on Man receives constant pain signals from his brain
While this seems like a horrible affliction, I don't see how this is related.
bitsweet··on Man receives constant pain signals from his brain
He hasn't it tried yet.
bitsweet··on Man receives constant pain signals from his brain
My Father has suffered with full body RSD/CRPS like the patient in this article. Even the slightest breeze can cause him excruciating pain. He has a morphine pump in his abdomen that provides a constant drip of dilaudid on his spine, its the only thing that lets him manage his pain.

There is some hope. Last year some scientists in Italy discovered a break through treatment that has had good success...though only tested on patients that have recently developed CRPS. The FDA is currently evaluating it for treatment in the US. (http://www.rsdhope.org/neridronate---new-medication-for-crps...)

bitsweet··on Really Good Emails
By the way, Really Good Emails is being built on Assembly as a community product. This means, its open sourced and revenue is split between the people developing it. You can see some of the improvements to the site everyone is planning:

https://assembly.com/really-good-emails/posts/latest-priorit... https://assembly.com/really-good-emails/projects/29

bitsweet··on Show HN: Helpful – Community-built support software
It is actually a shared inbox that a team can use to offer customer support for their product/business. There is an embeddable "contact us" form but having your customers send support requests to your support email address seems to be more popular.
bitsweet··on Shipping Startup Shyp Raises $10M, Plans Expansion to New York City
Not surprised. Awesome product, great team
bitsweet··on Mbloom’s first investment is in themselves?
The quality of these two startups that received funding is what makes this story suspicious:

http://www.flikdate.com/ http://www.ozolio.com/about.html

bitsweet··on Coderwall open-sources codebase and business model
Thanks!

I don't believe their pricing is final but you should jump in then and let those building Helpful know your thoughts :-D

Jumping into the product's chat (https://assemblymade.com/helpful/chat) is a good place to start

bitsweet··on Coderwall open-sources codebase and business model
You bring up great questions, like cfield below. To be clear, Assembly App Coins are not securities. For the moment they only determine an individual's royalty payout when there is revenue. They can't be purchased by outside investors or transferred to other individuals that are not in the product's "partnership".

You can only earn Assembly App Coins when you participate in building the product, and effectively joining the product's partnership. This would be similar to how a law firm partnership is structured.

bitsweet··on Coderwall open-sources codebase and business model
Thanks cfield! I appreciate your perspective on this and we've spent a lot of time getting the legal structure right.

The App Coins are a way of determining royalty payouts for now. The only way to earn them is by participating in building the product, and effectively joining the product's partnership. This would be similar to how a law firm partnership is structured and is why these are not securities.

Assembly App Coins can't be purchased by outside investors and Assembly App Coins can't be transferred to other individuals not in the "partnership".

bitsweet··on The Board Game of the Alpha Nerds
I never played but want too. If you live near SF and want to give diplomacy a go with a few fellow hackers that don't know each other this Friday evening (the 20th), email me (address in bio) first come first serve - I'll host an event in our office (right off 16th Bart station in Mission). Once we get a small group we can coordinate logistics over email.
bitsweet··on Ask HN: Who is hiring? (May 2014)
Assembly (https://assemblymade.com) | Sunny mission in San Francisco | Full-time

We’re hiring Engineers experienced in Go and Ruby to help us build foundational pieces of the Assembly platform.

Assembly uses the open collaborative process of Open Source to develop actual software products that generate income for contributors. Developers, designers, and others around the world collectively build and retain ownership in products they build on the Assembly platform. At the end of every month, Assembly collects the revenue for each product, transparently pays the bills, and then splits the proceeds with everyone that made them. You can see an example of one of the products being built by the community here: https://assemblymade.com/helpful

We’re a 6 person team tackling the challenges of creating a ‘meta’ company (a software company that creates software companies). You would have a direct hand in helping us shape the future of work and unlocking the power of independent creators. We believe in progress over consensus, strong opinions weakly held, moving fast is best even if it breaks things, and we make what we measure.

We can offer an environment where 100% of your code will be public on GitHub, receive competitive pay, premium health insurance, equity, and a generous benefits package.

Apply by emailing careers@assemblymade.com

We're also looking for a director of products and head of community.

bitsweet··on The first 10,000 users
At first not great, but that was the next lesson to learn. There is always room for improvement but here are some of the latest metrics:

http://cl.ly/image/0P1s321C3a0G http://cl.ly/image/0Z2Y2g041Y0Z

bitsweet··on Show HN: Spotsy – iPhone app to discover the world through Instagram
that worked. I'd probably feel comfortable if there was just a disclaimer that said you don't store credentials on the login page. I'm probably too trusting but I like it when product designers are thoughtful enough to explain what is done with credentials/data.
bitsweet··on Show HN: Spotsy – iPhone app to discover the world through Instagram
Nice work.

I've always wondered why Instagram has made it so difficult to find photos by location.

Update: why do you require my Instagram username/pwd when they support OAuth? Not a fan

bitsweet··on Stripe Open-Source Retreat
Agreed - what Stripe is doing here is inspiring. Here is something along the same vein launched last week => https://assemblymade.com/sabbaticals
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