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Posts tagged ‘MasterCoin’

Mastercoin Foundation recruiting 4-5 top notch people!

See details on our blog.

($6000 referral bonus!)

Please send relevant CVs to

We are looking for an experienced Web Team Lead

… to join the Mastercoin Foundation and head the Omniwallet project. For more details, please see here. We also have a few other positions open (a “jobs” page TBD)

Do you want to work for Mastercoin?

As you know, I was recently appointed to Executive Director of the Mastercoin project.
We have a ton of work to do, and you can help and get paid for your help!

Please check out this thread for more details.

(Don’t forget to check out our FAQ first)

Mastercoin Blog

FYI – If you want to follow Mastercoin, we will be posting weekly updates on our blog.

What is a Feature Owner

Several years ago, back at Delver (Sears Israel nowadays), I learned from the great Moti Karmona the term Feature Owner (I think it was him, could have been Oren Ellenbogen as well, memory is fuzzy). One useful term I learned for Feature Owner. We’re using this quite extensively in Mastercoin, and I’d like to elaborate what this means.

A Feature Owner is just what it sounds – one person that owns a particular feature. The same can be extended to Product Owner, Release Owner, Domain Owner etc., but I’ll focus on Feature Owner in this post.

Features need love and attention to grow. They start off as an idea, and then go through some process of development, going through brainstorming, spec, implementation, debugging, deployment etc.

For progress on a feature to happen, someone needs to push that feature onward through the above stages. There are various walls to tackle – some of them are technical (how do we scale this to 1 billion people), some of them are political (how do we get head of Ops to approve it), and there are other types. The point is there has to be someone that cares enough about the feature to make it happen.

In Mastercoin, everything is done via Feature Owners. Sometimes they elect themselves in order to win a bounty. Other times, we actively seek out someone to own a particular feature. Even if a coding contest is not happening, you can just create your own feature and own it. In Mastercoin and other DACs, you can just decide on a feature, get approval for its funding if needed, and get paid when you deliver.

We’re shutting down Bitblu

The details can be found here.

I’m moving on to become the Executive Director of the Mastercoin project, which is a form of Decentralized Autonomous Corporation.

Exciting and insane times!

Mastercoin now has a blog

Mastercoin, the new currency and protocol layer on top of Bitcoin, now has a new official blog.

There have been a dizzying array of new developments, and it’s been rather hard keeping track of them all. Now with the new blog, people should find it easier to get concentrated updates on all the things going on, new clients, features, etc.

Mastercoin investment period is almost over

Interest in Mastercoin is picking up, and the Exodus Address has gathered 2,578.12977381 BTC in investments, which at current rates is equal to about $315,000.

If you’re new to Mastercoin, here are a few links to get you started:

  1. My original post about Mastercoin
  3. A presentation I gave about it (slideshare, pptx, video in Hebrew)
  4. Article about it in Coindesk
  5. Risks document

I can say that I’m seeing a lot of interest in it, from hobbyists and professional investors alike, it will be interesting to see where this develops.

Update: Here is a quick link to how to do it technically from / My Wallet.


I will be a board member in the Mastercoin Foundation