The METAFEES asset represents the fees we generate from running metaexchange. Each share is worth 0.005% of the fees we generate. There are 12000 in total, 2000 are held by monsterer and shentist and backed with the already existing liquidity of 40 BTC.
12000x0.005%=60% of total fees, what about the remaining 40%?
thanks!
PS Obviously many for your business model!
shapeshift got an investment, it would be nice if they saved some in case someone bigger decides to invest on metaexchange.
Since I discovered Bitcoin, I remember discussing with a friend of mine that what people needed would be something like shapeshift and metaexchange. Something instant, no login required. It's awesome see those ideas come real after a couple years. Keep it up guys
Btw, will we see an annoucement on bitcointalk next to the ones of the major exchanges? It would certainly attract some attention, specially since you're competing with Shapeshift and already offer more features, plus, people have the chance to invest.