While BitUSD is the killer product that BTS provides , however as a business , BitUSD should not be the only income model because in the end the value in BitUSD will flow out of the system , it's just a matter of time .
Transaction fees , asset reg fees , on the other hand are profitable , but it takes a lot of them to generate decent income . As for delegate reg fee , it's just temporary because the delegates are gonna get more income than what they put int . So , we need do generate more actual income by increasing the demand of BTS .
Yesterday , Bter got hacked . People are talking about how we can take the advantage to bring exchanges like Bter into the Bitshares Asset Exchange using IOU assets .
It's doable , that's for sure . But it has a little down side , when an exchange like that manages multiple IOUs Assets , you need to manually select each IOU pair it offers , and the IOUs from one group needs to be viewed and selected under all of the IOUs other people offers .
It didn't really bring the kind of user experience in regular exchanges . If I goes to bter , I can easily see what kind of trading pairs this site offers , but if I go to the Bitshares Asset Exchange , I can't . I have to learn all the specific names of the IOU it offers .
I noticed sub-name of an asset can help identify if an asset is belonged to the same group , but still , that's all messy .
So , I propose a new business model for BTS (related to multiple IOU asset projects like maybe coinbase , DACx ) , just a thought for now . We create a "asset folder" in the blockchain , projects that deal with multiple IOUs can buy and pay for a "asset folder"
, the payment can be one time (1 million , 2 million BTS is not harsh at all ! ) or pay per month (so it can last like real estate renting ) .
Once project owners buy a "asset folder" , he can define what kind of trading pair can add to the folder , for instance Bter should have "Bter-NXT：BitCNY" "Bter-BTC:BitCNY" “Bter-Doge:BitCNY” in the "asset folder" name "Bter.com Exchange" , this folder can also add other pairs that didn't come from Bter itself like "BitUSD:BitCNY" .
So , this is the basic protocol . In the GUI it will add a tab called "paid exchanges" or whatever . Once you enter that tab , you'll see multiple "asset folder" like BTer.com , BTC38.com , DACx , Coinbase .... whatever .
Once you click "bter.com" , it's just like you're using Bter , with all the dogecoin and NXT and XCP and whatever IOU list in it . It will be a premium service provide to big organization who wants to bring their business into the Bitshares Exchange and still remain the same visual effect that people can "browse" all the products that this business provide .
And Bitshares can gain more income from that .