Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: other than bitsharesx who will be the first actual business DAC? Overstock?  (Read 334 times)

0 Members and 1 Guest are viewing this topic.

Offline eagleeye

  • Hero Member
  • *****
  • Posts: 931
    • View Profile

Opinions please, lets hear them, no wrong answer.

Im hoping someone DACPOs (DACipo) (ipo = initial public offering) something like this https://bitsharestalk.org/index.php?topic=9515.0  But with this potential DAC is it going to charge a small subscription for its technology into the "mesh network"

Long live technology and bytemaster!  (I say this even if he fucks up temporarily, he has got us this far, no?)

P.S.

Dont nit pick me on "actual business DAC" I mean a business with a business model that runs revenue.  I think bitsharesx/i3 is like a treasure chest if they pull this off their treasure goes even higher.

P.S.S.

May need to work with the SEC on the legality of DACPOS (DACipos)
« Last Edit: October 02, 2014, 06:02:17 AM by eagleeye »

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12242
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BTS: xeroc
  • GitHub: xeroc
why should overstook or any company start a own DAC for an IPO? .. thats what user-issued assets are good for ..

Or maybe I just don't get what you are asking
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline eagleeye

  • Hero Member
  • *****
  • Posts: 931
    • View Profile
why should overstook or any company start a own DAC for an IPO? .. thats what user-issued assets are good for ..

Or maybe I just don't get what you are asking

ok your probably right xeroc.

What im getting at is how does one do an IPO?

Also I pitched a bitcoin coming I personally know the owners of, they got into doge coin way back but they were convinced with bitshares the only problem?  They dont understand it.  The bitshares.org website is for professional users not for newbs like them and me.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12242
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BTS: xeroc
  • GitHub: xeroc
ok your probably right xeroc.

What im getting at is how does one do an IPO?

Also I pitched a bitcoin coming I personally know the owners of, they got into doge coin way back but they were convinced with bitshares the only problem?  They dont understand it.  The bitshares.org website is for professional users not for newbs like them and me.

1) create asset with max supply X (wallet_asset_create)
2) issue Y <= X shares of that asset to YOUR account (wallet_asset_issue)
3) sell shares on the exchange for a fixed price (you will be the only seller, at least in the beginning)

done
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline vegolino

  • Sr. Member
  • ****
  • Posts: 433
  • Reality is Information
    • View Profile
Quote
The bitshares.org website is for professional users not for newbs like them and me.
You are not newbie eagleeye any more with 517 posts , if you are that means you have not been paying attention in class.   :)

Offline eagleeye

  • Hero Member
  • *****
  • Posts: 931
    • View Profile
ok your probably right xeroc.

What im getting at is how does one do an IPO?

Also I pitched a bitcoin coming I personally know the owners of, they got into doge coin way back but they were convinced with bitshares the only problem?  They dont understand it.  The bitshares.org website is for professional users not for newbs like them and me.

1) create asset with max supply X (wallet_asset_create)
2) issue Y <= X shares of that asset to YOUR account (wallet_asset_issue)
3) sell shares on the exchange for a fixed price (you will be the only seller, at least in the beginning)

done

Sounds good but if you are a non-listed stock market company, who makes sure your not stealing money out of the books once you have issued an asset?  Here is the scenerio:

You are a small time currency exchange service that does 2 - 5 million a month with 1% margins.  You issue yourself as an asset.  Who regulates your quarterly reports or makes sure the CEO or owners dont steal money?

 

Google+