BitShares community, please give a warm welcome to Will Thomas.
Will is the Founder of CryptoMate, a UK-based cryptocurrency Gateway which allows almost anyone with a bank account to buy cryptocurrencies directly. Will is a 14+ year IT and marketing guy with a passion for economic empowerment, politics, science and technology. He also Founded BritCoin, an altcoin which gave him a world of experience in the cryptocurrency space. Allen Scott (@ The CoinTelegraph) published a beautiful writeup on CryptoMate last week too!
Using the UK Banking Initiative "Faster Payments" (http://en.wikipedia.org/wiki/Faster_Payments_Service
), just about anyone can now buy cryptocurrencies with their bank account directly
, in just a couple of hours! Will's Question:
Right now Cryptomate is a registered company with 3 directors each with a certain % in shares, once version 2.0 is launched (the peer-2-peer exchange platform) and is operational, we will be paying out shareholders automatically every 24 hours in BTC based on their % share of the company. Since we don't accept any FIAT (buyers send directly to sellers/vendors) and the service generates revenue in BTC through fees, we were thinking of selling shares through crowd funding where investors get a % shares in the company and the daily profit pay-outs. https://CryptoMate.co.uk
This would be a great opportunity for Will to form a DAC and utilize UIA's for this funding, yes? Once CryptoMate v2.0 is released, I think this would also be a great money-maker for CryptoMate to offer market-pegged, low-volatility BitAssets like bitUSD, bitCNY and bitGOLD as well.
Let me know your thoughts guys and please give Will a warm welcome!