Author Topic: [Solved] How to make one of my 2 assets only buyable with the other one?  (Read 2182 times)

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Offline 麥可貓

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You can whitelist or blacklist markets for your asset. In your case, you'd have to add LZKJF to the whitelist of LZKGF.

But this way you cannot prevent that people trade or otherwise exchange LZKGF off-chain.

Edit: try it on testnet first: http://testnet.bitshares.eu/

Thanks a lot! I have translated this back to the original post:
https://bitsharestalk.org/index.php/topic,24626.msg309023.html#msg309023
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Offline pc

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You can whitelist or blacklist markets for your asset. In your case, you'd have to add LZKJF to the whitelist of LZKGF.

But this way you cannot prevent that people trade or otherwise exchange LZKGF off-chain.

Edit: try it on testnet first: http://testnet.bitshares.eu/
« Last Edit: July 14, 2017, 04:45:28 pm by pc »
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Offline 麥可貓

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Cover letter:
The following article is translated from the Chinese board (https://bitsharestalk.org/index.php/topic,24626.0.html). The original author, jieshuren, is a founder of his company 'the book borrower'. He is issuing 2 assets on bitshares: LZKJF as a rewarding point and LZKGF as a share. For his business model, he wants to limit LZKGF (the share) to be only buyable with LZKJF (the rewarding point), while LZKJF is not limited so and pegged to 1 CNY. He does not know how to set rules to LZKGF (the share) to be only buyable with LZKJF (the rewarding point) (neither do I), so he is asking for help.

I doubt if the current bitshares system can do that, but I think this could be a good chance to make bitshares great for broader business models via helping him out.


Title: I issued 2 assets for my company. How do I make one of them to be only buyable with the other one?

One project of my company called 'The book borrower' is a platform for sharing books.I issued 2 assets for it, namely LZKJF as a rewarding point and LZKGF as a share.

The book borrower is a internet library, currently with 30k+ users. You can subscribe to the public wechat account 'the book borrower' and make a borrow or query informations.  The book borrower has redefined library, let every family can easily have a bookshelf with more than 300 books, and users can share with each others effortlessly.

The rewarding point LZKJF should only be used inside our platform to pay fees in the same rate of CNY. The rewarding point LZKJF can also be traded with any assets or used to buy the share LZKGF inside bitshares. But I don't know how to make this happen, since the bitshares would allow trade between any two assets. I wonder if I can set such rules.

The generation of the rewarding point LZKJF could be anyone of the following three:
1. The balance of a user deposited in our platform (1 per 100 per day)
2. To pay the employee as salary
3. Participating our future activities
« Last Edit: July 14, 2017, 05:28:00 pm by 麥可貓 »
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BTSX: michaelcat
Delegate Team: x1.sun  x2.sun