Hey guys,
Lead biz dev of freebieservers.com here.
First off, really appreciate the feedback you gave on the ultra thread.
Knowing what people need, and don't require in a timely fashion helps us improvise ourselves as a company and create solutions that actually matter.
One of the problems people here have been mentioning is the short pace at which coins are burned.
I've been thinking a fair amount about the evolution of the ecosystem here at Bitshares and wondering what would be an alternative solution to go about doing this.
One of the most beautiful things to come out of the community here is the means to create a decentralized exchange with complete transparency.
While CCEDK has done a great job, we believe Bitshares is in a great place where it can use more exchanges and we believe we can create a unique user experience
Instead of linking to financial services and bringing in fiat, we intend to create a simple platform for the safe and transparent exchange of altcoins and UIA's .
The entire platform will be decentralized and tokens verified by the blockchain , leading to very few single points of failures.
Now, so far , the concept is basic.
What I intend to do different however is, pledge a certain part of the tx fees and revenue of this venture towards burning coins.
Assuming we get enough support to do this and go ahead and build it, we'll be willing to pledge 50 percent of all revenue into burning bts
In terms of ownership, our holding company will maintain and retain ownership but we would be happy to let go of a larger chunk in case people want to back us through PE deals.
Think about it : We could burn a couple bitcoin's worth Bitshares every day. With decreasing supply of Bitshares, the value of existing coins would increase, leading to a win solution for everyone.
Alternatively, we could simply choose to issue x amount of the profits as a dividend, but I simply believe we can do better service to the community by taking this route.
We are looking to raise a total of 75 Btc to make this happen and will take a 3 week time period to put the platform live.
Thoughts guys?
Do vote on the poll