[ANN]Now Open: ShareBits CrowdDonations

[Riverhead]

this is the reason why it is to complicated. I dont get it why not everything is converted into shares, so it is easier to decide for investors to chip in.

After thinking about it more it looks like these shares are not equity stake but a profit sharing bond of sorts. The amount of funding desired is therefore meaningless in determining valuation - only IPO price.

Thank you tonky and shentist. I still think it's a great project and a good buy in price - just not as straightforward to evaluate as I had first thought.

[ebit]

 +5%

[Empirical1.2]

I think the confusing thing for me is this diagram.

CCEDK & Beyond Bitcoin own 40% of ShareBits. (100k of 250k ShareBits)

So does that mean they are getting 40% of the 44% (PInk) and another 28% (black) and 8% (blue) of total fees?

The power of the ShareBot makes it possible for real grassroots referral gathering by enabling our community to bring on referrals via tipping on social media and nearly anywhere else, including email lists and many others.

This is similar to what helped Dogecoin gain some traction, social media tipping.

Do the ShareBot founders have an opinion on the transfer fee issue? It seems a transfer fee of $0.2 would make tipping/sharing to a wide audience cost prohibitive. The minimum tip would have to be $0.5 just to translate into a $0.1 tip. (As it would cost $0.2 to send and at least $0.2 to claim) Or are you tipping via a UIA?

Either way I think it's a good initiative and is showing how the ability to split fee revenue has lots of possibilities. Good Luck.

[tonyk]

well I can put it mildly or TK style?

OK "mildly", I hear from the room

The tokens are valuated at 55k -ish.

The project at 102K


PS
Both are very reasonable numbers -   10Mil tips volume per year, at 0.1% fee and we have a golden valuation at 10% return per year....ok 5% for the share bearers but still, who here thinks  10mil is a number worth talking about?
and fuzz do not tell me you will get those numbers in LM memberships sign ups - I know you will.

[Riverhead]

@Shentist I think you too are conflating revenue splitting with valuation. There are 250k shares for everyone at $0.18/share. How the revenue is then divided up is a different set of numbers. Since there isn't any revenue yet there's no way to add that into the mix.

if you see it this way - ok!

What am I missing? This is much more your bag than mine.

[Shentist]

@Shentist I think you too are conflating revenue splitting with valuation. There are 250k shares for everyone at $0.18/share. How the revenue is then divided up is a different set of numbers. Since there isn't any revenue yet there's no way to add that into the mix.

if you see it this way - ok!

[Riverhead]

@Shentist I think you too are conflating revenue splitting with valuation. There are 250k shares for everyone at $0.18/share. How the revenue is then divided up is a different set of numbers. Since there isn't any revenue yet there's no way to add that into the mix.

[Shentist]

still on topic and

@Riverhead

tonyk is absolutly right on the valuation.

250.000 shares get 55% of the fees - so the total project is worth 100% and not just the 55% shares.
Total valuation is :  $ 81.818

this is the reason why it is to complicated. I dont get it why not everything is converted into shares, so it is easier to decide for investors to chip in.

[Riverhead]

anyway could you not derail this thread? im sure people want to discuss the topic

IMHO this is on topic. Asking for donations at a fixed price per share means the project has a valuation. Extrapolating that valuation is an import metric to those who are deciding if, or how much, to donate.

[kuro112]

I think you're making it more confusing than it needs to be.

$9000 from 50k shares is $0.18/share.

250k shares @ $0.18/share = $45,000

amen bro

[Riverhead]

I think you're making it more confusing than it needs to be. I think your conflating valuation with revenue splits?

$9000 from 50k shares is $0.18/share.

250k shares @ $0.18/share = $45,000

[kuro112]

1)
were selling 80% of the fees, distributed as such:

55% to shareholders
35% to ccedk
10% to beyond bitcoin

the other 20% covers bitshares network fees and any remainder is allocated to shareholders.

250k ShareBits shares are issued, we are are selling 50k of the 250 for this crowd funder, the amount were asking for is 9 thousand usd

this puts the valuation at roughly 50 thousand usd.

This is some fuzzy math...no pun intended.



   9K / (20%*80%*55%)   is still 102K -ish, just  as before.

that makes no sense at all?

35 + 55 + 10 = 100

20% of that goes to bts fees...

whats not clear here?

I cannot easily tell what is not clear to you...let's take it slow

50K/250K = 20%
20% of 55% is 20%*55%
80 % of that is 20%*55%*80%

9000/(20%*55%*80%) = 102,272.7272 valuation

i mean heck we would totally take a 100k valuation but your math is a bit off,

20% of 55% is 20%*55%
80 % of that is 20%*55%*80%

20 % of 55% what? where are you getting this?

anyway could you not derail this thread? im sure people want to discuss the topic

[tonyk]

1)
were selling 80% of the fees, distributed as such:

55% to shareholders
35% to ccedk
10% to beyond bitcoin

the other 20% covers bitshares network fees and any remainder is allocated to shareholders.

250k ShareBits shares are issued, we are are selling 50k of the 250 for this crowd funder, the amount were asking for is 9 thousand usd

this puts the valuation at roughly 50 thousand usd.

This is some fuzzy math...no pun intended.



   9K / (20%*80%*55%)   is still 102K -ish, just  as before.

that makes no sense at all?

35 + 55 + 10 = 100

20% of that goes to bts fees...

whats not clear here?

I cannot easily tell what is not clear to you...let's take it slow

50K/250K = 20%
20% of 55% is 20%*55%
80 % of that is 20%*55%*80%

9000/(20%*55%*80%) = 102,272.7272 valuation

[kuro112]

1)
were selling 80% of the fees, distributed as such:

55% to shareholders
35% to ccedk
10% to beyond bitcoin

the other 20% covers bitshares network fees and any remainder is allocated to shareholders.

250k ShareBits shares are issued, we are are selling 50k of the 250 for this crowd funder, the amount were asking for is 9 thousand usd

this puts the valuation at roughly 50 thousand usd.

This is some fuzzy math...no pun intended.



   9K / (20%*80%*55%)   is still 102K -ish, just  as before.

that makes no sense at all?

35 + 55 + 10 = 100

20% of that goes to bts fees...

whats not clear here?

[tonyk]

1)
were selling 80% of the fees, distributed as such:

55% to shareholders
35% to ccedk
10% to beyond bitcoin

the other 20% covers bitshares network fees and any remainder is allocated to shareholders.

250k ShareBits shares are issued, we are are selling 50k of the 250 for this crowd funder, the amount were asking for is 9 thousand usd

this puts the valuation at roughly 50 thousand usd.

This is some fuzzy math...no pun intended.



   9K / (20%*80%*55%)   is still 102K -ish, just  as before.