Author Topic: METAFEES owners discussion  (Read 10173 times)

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Offline Akado

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Could you share how much BTC you received before and after you make the annoucement on bitcointalk after the 60 days? I think that would be interesting to see what kind of reach we have over there.
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Offline phillyguy

Really excited about Metafees and your model. Wishing you much success!
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Offline Shentist

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metafees are pegged to btc right? so if I bought 1 btc worth i should expect 1btc  back with a bit of profit hopefully

or much more if I got this correctly. they buyback metafees, so if the cheapest price is 15000 per metafee, they buy for that price.

exactly fav. We will demonstrate how this will work in a couple of days, to give everybody a better feeling what they can expect.

Offline Shentist

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metafees are pegged to btc right? so if I bought 1 btc worth i should expect 1btc  back with a bit of profit hopefully

it is more like a basket. we choose to accept every kind of coin we are supporting right now, but if we are in need we will exchange them in other coins.

the reason why we choose BTC as the communicated value is because we need more BTC then the supported coins and everyone knows the value of BTC.

Offline fav

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metafees are pegged to btc right? so if I bought 1 btc worth i should expect 1btc  back with a bit of profit hopefully

or much more if I got this correctly. they buyback metafees, so if the cheapest price is 15000 per metafee, they buy for that price.

Offline Shentist

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I know that it means nothing... But do you expect an investor to get repaid back?

we collecting the METAFEES to provide liquidity for our supported markets. With better liquidity more people will use us and so we are getting more fees.

with the monthly fees we will buy back METAFEES.

if, metaexchange has to be shutdown, we will buyback every METAFEE in ciculation with the value at this point.

Offline JonnyB

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metafees are pegged to btc right? so if I bought 1 btc worth i should expect 1btc  back with a bit of profit hopefully
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Offline topcandle

I know that it means nothing... But do you expect an investor to get repaid back?
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Offline Shentist

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How many more BTC do you have to raise?  How much raised thus far?

the goal is 200 BTC

if i have the numbers correct we sold roughly 30 BTC of METAFEES.

the fundraiser is running >40 days and we will make ANNs on the other forums as well.

we are planning to make the first buy back in a couple of days to show how it will happen in the future.

Offline topcandle

How many more BTC do you have to raise?  How much raised thus far?
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Offline monsterer

Hi guys,

I just wanted to start this thread to give METAFEES owners a place to discuss any topics related to the asset, or to metaexchange itself. We'd love to hear what you think and any ideas you have about the site or project in general!

Cheers, Paul.
My opinions do not represent those of metaexchange unless explicitly stated.
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