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General Discussion / BLCKCHND
« on: January 12, 2017, 12:26:28 am »
Hi, I have a question about assets:
We have an idea to create our translation guild as a formal entity as an experimental usecase of using bitshares assets for that kind of thing
We are thinking about having two kinds of an assets on to symbolize the part of ownership in the guild (Blockchained - "BLCKCHND")
and the second one is an obligation by the guild to translate a certain amount of text (rusteemitblogcoin - "RSBcoin")
BLCKCHND can only be got as a part of payment for the work done (translation/editing), or bought on the exchange for bts if someone is selling theirs
RSBcoin is somehow tied to bitUsd (with one coin being an obligation to translate 1000 symbols of text without spaces, and is priced depending on the market value of such work)
All the holders of BLCKCHND receive a share of the RSBcoin revenues
This is just an example with numbers being not correct: to order a translation of a text of 1000 symbols the customer buys 1 RSBcoin for 10 bitUSD (or whatever) and exchanges those coins for the translation once it is done. From that holders of BLCKCHND receive a certain %.
The payment for work is as follows 100% of the revenue = x% to the translator&editor + y% to the holders of BLCKCHND token.
The translator is paid in bitusd+some BLCKCHND, unless the translation is for the stuff on STEEM/GOLOS for @rusteemitblog.
In case of STEEM/GOLOS the payment is powerup into SP/GP from the post payout and some BLCKCHND
Thats what we had in our imagination.
If it is possible, then any group of people that others trust to do the work could use something like that. We're already doing it on steem/golos, and are kind of thinking about codifying the whole process.
From reading about bitshares I got an impression that it should be able to facilitate something like that.
---
The idea is that owning a share in the company is going to pay a little bit from everything that the company makes at certain intervals, and is mostly for inside our group (although once the thing is stable, we might sell some on the market, why not).
We have an idea to create our translation guild as a formal entity as an experimental usecase of using bitshares assets for that kind of thing
We are thinking about having two kinds of an assets on to symbolize the part of ownership in the guild (Blockchained - "BLCKCHND")
and the second one is an obligation by the guild to translate a certain amount of text (rusteemitblogcoin - "RSBcoin")
BLCKCHND can only be got as a part of payment for the work done (translation/editing), or bought on the exchange for bts if someone is selling theirs
RSBcoin is somehow tied to bitUsd (with one coin being an obligation to translate 1000 symbols of text without spaces, and is priced depending on the market value of such work)
All the holders of BLCKCHND receive a share of the RSBcoin revenues
This is just an example with numbers being not correct: to order a translation of a text of 1000 symbols the customer buys 1 RSBcoin for 10 bitUSD (or whatever) and exchanges those coins for the translation once it is done. From that holders of BLCKCHND receive a certain %.
The payment for work is as follows 100% of the revenue = x% to the translator&editor + y% to the holders of BLCKCHND token.
The translator is paid in bitusd+some BLCKCHND, unless the translation is for the stuff on STEEM/GOLOS for @rusteemitblog.
In case of STEEM/GOLOS the payment is powerup into SP/GP from the post payout and some BLCKCHND
Thats what we had in our imagination.
If it is possible, then any group of people that others trust to do the work could use something like that. We're already doing it on steem/golos, and are kind of thinking about codifying the whole process.
From reading about bitshares I got an impression that it should be able to facilitate something like that.
---
The idea is that owning a share in the company is going to pay a little bit from everything that the company makes at certain intervals, and is mostly for inside our group (although once the thing is stable, we might sell some on the market, why not).
