Superfluid Presentation6
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superfluid An Economy of Un-Wasted Professional Time and Goods
Barter Benefits • Adds liquidity in a business environment where credit and investment are tight. • Doesn’t devalue time or product as lowering prices on surpluses will tend to do. • Helps to build business and develop relationships for now, as well as for future growth.
Direct Swap Vs Barter Exchange Systems • Swaps
• Barter Exchange
• Users directly trade goods, either with partners they find for themselves, or as part of a matchmaking system.
User A
Swap
User B
• A community joins together to enable commerce using a virtual currency. There is essentially a “cloud” of potential trade partners.
Virtual Currency Payments
Barter Exchange
Virtual Currency Payments
The Swap • Find someone with exactly what you want, who wants exactly what you have. Then find a way to comfortably trade. But, it’s hard to find a partner, and, once you do, the process of trading tends to be fraught...
Online Exchange/Virtual Currency Systems • Work very well conceptually, but have not been executed or marketed well thus far...
Online Exchange/Virtual Currency Systems • Except in entertainment...
superfluid Solutions • We conservatively employ various tools (including limited credit and dividend bonuses) to enable growth of the internal economy. • Uniquely, like game implementations, we utilize a currency (Quids) that is not tied to US$, and is inherently very liquid and flexible. Competitors use hyper-inflated pseudo dollars that never establish real value. • We have tools that enable users to: • Find and evaluate desirable products and services. • Negotiate the initial transaction as well as a 1099B valuation for IRS, so that tax liabilities are legitimate and balanced, eliminating downside for users. • Ensure that products and services are properly delivered, before credits are transferred.
How does superfluid change your world? • superfluid takes the burden of unused resources and turns it into a highly liquid asset for growth and sustenance. Use it to: • Give your business access to external services that make it stronger and more attractive to clients. • Build new client relationships; there’s a lower barrier for clients to “sample” your services in superfluid than there would be with a full conventional relationship. • Justify keeping employees you don’t want to let go. • Give yourself and employees perks that would otherwise seem extravagant. • Optimize avocational projects utilizing professional services; make a game, create a website, software, etc.
How doesn’t superfluid change your world? • superfluid works to prevent the waste of professional resources, and to optimize the avocational use of such professional resources when desired, but: • superfluid doesn’t replace money. Money is still best, if you are offered full value. • If there is no waste, as in cost-per action advertising, or ongoing billing of hourly outsourced services from a limited pool of vendors, superfluid may not be useful.
Service/Product Participant Layers • Physical World Layer
• Interactive Media Layer
Party/Event Suppliers
Mechanics
Game Contractors
Publishers
Live Programmers
Retailers/Rental
Media Sites
Salons/Spas
Bakers
Ad Agencies
Designers
Veterinarians
Performance
Restaurants
Virtual Assets (3D Graphics, etc.)
Retailers
Designers Printers
Landscapers
Plumbers
Process: 1. Create your Business Account. 2. Set up the Services and Products you wish to offer. -Description, Price (in Quids), Availability, etc. 3. Find a Service or Product you’d like to use and order it through the system, using available virtual currency (Quids). 4. Vendor and buyer coordinate on an agreed dollar value of the transaction for IRS reporting purposes. 5. Quids are then placed in escrow. 6. The Service/Product is delivered. 7. Buyer triggers payment out of escrow.
Create your Business Account
Vendor and buyer coordinate on an agreed dollar value of the transaction for IRS reporting purposes.
$20
$37
$40
Vendor sets minimum- Buyer gets three (blind) attempts maximum range of perto Value within that range. unit Valuation.
$80
Using Quids There are three ways that participants use Quids: 1.The primary usage is buying and selling Services and Products. 2.There is a limited amount of credit granted, based upon the number of Quid you hold (high percentage for small holdings, low percentage for large holdings). 3.There is occasionally a small dividend provided to users, based upon growth of the community.
How to Participate • Annual subscription fee of $200. -No per transaction fees, and no levies on virtual currency usage. • You must be an established business. -Either enter your EIN into the system when you register, or speak to us directly, and convince us. • However, we are currently in an invitation-only private beta, and during this period we will not be charging a subscription fee.
Who is superfluid? Management Team: • Nathan Solomon (CEO) Was VP of Business Development at the largest specialty retailer of videogames. Formerly Executive Producer and Chief Technologist at national ad firms. He currently advises major game industry entities on new business categories and strategies. [email protected] • Branimir Vasilic (CTO) Holds a PhD in physics and was until recently a researcher at the University of Pennsylvania. He is active in Philadelphia's budding entrepreneur and tech community and is currently a freelance consultant. He is also a core member of The Hacktory. [email protected] • Along with a robust team of senior level advisors in Banking, Marketing, and Game Theory.
Barter Benefits • Adds liquidity in a business environment where credit and investment are tight. • Doesn’t devalue time or product as lowering prices on surpluses will tend to do. • Helps to build business and develop relationships for now, as well as for future growth.
Direct Swap Vs Barter Exchange Systems • Swaps
• Barter Exchange
• Users directly trade goods, either with partners they find for themselves, or as part of a matchmaking system.
User A
Swap
User B
• A community joins together to enable commerce using a virtual currency. There is essentially a “cloud” of potential trade partners.
Virtual Currency Payments
Barter Exchange
Virtual Currency Payments
The Swap • Find someone with exactly what you want, who wants exactly what you have. Then find a way to comfortably trade. But, it’s hard to find a partner, and, once you do, the process of trading tends to be fraught...
Online Exchange/Virtual Currency Systems • Work very well conceptually, but have not been executed or marketed well thus far...
Online Exchange/Virtual Currency Systems • Except in entertainment...
superfluid Solutions • We conservatively employ various tools (including limited credit and dividend bonuses) to enable growth of the internal economy. • Uniquely, like game implementations, we utilize a currency (Quids) that is not tied to US$, and is inherently very liquid and flexible. Competitors use hyper-inflated pseudo dollars that never establish real value. • We have tools that enable users to: • Find and evaluate desirable products and services. • Negotiate the initial transaction as well as a 1099B valuation for IRS, so that tax liabilities are legitimate and balanced, eliminating downside for users. • Ensure that products and services are properly delivered, before credits are transferred.
How does superfluid change your world? • superfluid takes the burden of unused resources and turns it into a highly liquid asset for growth and sustenance. Use it to: • Give your business access to external services that make it stronger and more attractive to clients. • Build new client relationships; there’s a lower barrier for clients to “sample” your services in superfluid than there would be with a full conventional relationship. • Justify keeping employees you don’t want to let go. • Give yourself and employees perks that would otherwise seem extravagant. • Optimize avocational projects utilizing professional services; make a game, create a website, software, etc.
How doesn’t superfluid change your world? • superfluid works to prevent the waste of professional resources, and to optimize the avocational use of such professional resources when desired, but: • superfluid doesn’t replace money. Money is still best, if you are offered full value. • If there is no waste, as in cost-per action advertising, or ongoing billing of hourly outsourced services from a limited pool of vendors, superfluid may not be useful.
Service/Product Participant Layers • Physical World Layer
• Interactive Media Layer
Party/Event Suppliers
Mechanics
Game Contractors
Publishers
Live Programmers
Retailers/Rental
Media Sites
Salons/Spas
Bakers
Ad Agencies
Designers
Veterinarians
Performance
Restaurants
Virtual Assets (3D Graphics, etc.)
Retailers
Designers Printers
Landscapers
Plumbers
Process: 1. Create your Business Account. 2. Set up the Services and Products you wish to offer. -Description, Price (in Quids), Availability, etc. 3. Find a Service or Product you’d like to use and order it through the system, using available virtual currency (Quids). 4. Vendor and buyer coordinate on an agreed dollar value of the transaction for IRS reporting purposes. 5. Quids are then placed in escrow. 6. The Service/Product is delivered. 7. Buyer triggers payment out of escrow.
Create your Business Account
Vendor and buyer coordinate on an agreed dollar value of the transaction for IRS reporting purposes.
$20
$37
$40
Vendor sets minimum- Buyer gets three (blind) attempts maximum range of perto Value within that range. unit Valuation.
$80
Using Quids There are three ways that participants use Quids: 1.The primary usage is buying and selling Services and Products. 2.There is a limited amount of credit granted, based upon the number of Quid you hold (high percentage for small holdings, low percentage for large holdings). 3.There is occasionally a small dividend provided to users, based upon growth of the community.
How to Participate • Annual subscription fee of $200. -No per transaction fees, and no levies on virtual currency usage. • You must be an established business. -Either enter your EIN into the system when you register, or speak to us directly, and convince us. • However, we are currently in an invitation-only private beta, and during this period we will not be charging a subscription fee.
Who is superfluid? Management Team: • Nathan Solomon (CEO) Was VP of Business Development at the largest specialty retailer of videogames. Formerly Executive Producer and Chief Technologist at national ad firms. He currently advises major game industry entities on new business categories and strategies. [email protected] • Branimir Vasilic (CTO) Holds a PhD in physics and was until recently a researcher at the University of Pennsylvania. He is active in Philadelphia's budding entrepreneur and tech community and is currently a freelance consultant. He is also a core member of The Hacktory. [email protected] • Along with a robust team of senior level advisors in Banking, Marketing, and Game Theory.
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