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Most of BlockTrades' current revenue is derived from the operation of the BlockTrades website that provides fast and convenient purchasing of various cryptocurrencies. BlockTrades also licenses use of the backend engine used by our website on an OEM basis. Currently this backend is licensed to OpenLedger to handle deposits and withdrawals in return for a 50% share of the market-trading fees collected for the assets it supports. BlockTrades has also undertaken several custom software development contracts and has pending negotiations for future software contracts as a means of providing development capital to support its long term business strategy.
Fees incurred during trading transactions on Open assets.
Total of all 0.2% transaction fees incurred during trading of all current and future Open assets between OpenBTC, OpenLTC, OpenDOGE, OpenDASH, OpenMUSE, OpenPPC, OpenUSD, OpenEUR, OpenCNY, OBITS and QBITS, and any other assets on the platform that will be traded in the future with these Open assets. Openledger profits and connected projects are used for compulsory redemption of tokens on the first day of the month from the token owners, with 100% of profits used in the buy back. The buy-back option is possible at OpenLedger only, taking into consideration features of all other financial assets and the annual inflation rate, which reduces the true income of investors (thought to be at least 10% per year).
It's been working for me the whole time.
Ditto. I haven't had any service interruption.
https://metaexchange.info/markets/METAEX.BTC/BTC
according to this 1 METAEX.BTC gets you 0.997 BTC and vice-versa
so a very small premium to par, i suppose as compensation for liquidation convenience on metaexchange.
I get a respond once in a while from a guy named Johnny Garcia from their support, this guy apologises every time he writes to me telling me its been deposited. Either its an automated response or he is f*ing with me . 3 days!
More informtion about METAFEES you find on https://metaexchange.info/invest and https://bitsharestalk.org/index.php/topic,20150.0.html
@Shentist
BTW, are you going to switch from buyback model to dividends model when code will be merged? This can convince me
thanks for the quick responses! Very happy to get the introduction to http://cryptofresh.com/assets, but still not quite sure about the METAEX.BTC / NXT / ETH...just to clarify:
e.g. is METAEX.BTC a BTS-denominated UIA representing 1 BTC that can be liquidated on metaexchange for 1 BTC on demand? if so, this is an interesting gateway asset concept. What are the risks, drawbacks, anything else material?
I'm seeing a relatively high trade volume for it on the DEX, but can't find a description. Is this a UIA? Does it represent some sort of ownership in https://metaexchange.info?
sharedrop completed ??
i didn't receive anything, even though i have bts, brownie.pts.
no the sharedrop on bts and brownies has not yet been done but will be sometime tonight. The exact time is kind of secret, but i wanted to get the tokens to those who donated first.
any problem if i put my bts in buy order in bts wallet market ??
that is a great technical question i do not know the answer to. @svk @xeroc @roadscape
would either of you know?
Anyone?
According to Taulant on 4th December's Hangout, private alpha was supposed to start within a month. Two have passed, does anyone have any news on that? How's it going? Anyone participating on the private alpha?
@monsterer @Shentist could you provide us with any info since you're partnering with Bitsaphire?
With the current load on poloniex, it's a great time to make some fast trades on the DEX or using BlockTrades/MetaExchange/Transwiser bridges. Maybe we should have scheduled our liquidity event for today.
