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Main => General Discussion => Topic started by: taneem on November 03, 2017, 04:48:50 pm

Title: Need help issuing company shares on BTS platform.
Post by: taneem on November 03, 2017, 04:48:50 pm
Hello Everyone,

My name is Taneem. I have a newbie to this BTS platform. And I am stuck in a "deer in headlights" problem. I would greatly appreciate your guidance.

I am looking to create a user issued asset for my company. Example: 1 share = 2 BTS. The following are the requirements.

1. 1 share = 2 BTS.
2. Only whitelisted consumers can purchase the share.
3. I buy back the shares by paying double the share value (2 BTS x 2 = 4 BTS).

Is this remotely possible. If so how. Please advise

Best Regards
Taneem

Title: Re: Need help issuing company shares on BTS platform.
Post by: Frodo on November 03, 2017, 05:48:27 pm
Hello, welcome!

Yes it's possible. Maybe this will help you: http://docs.bitshares.org/bitshares/tutorials/uia-create-gui.html (http://docs.bitshares.org/bitshares/tutorials/uia-create-gui.html)
Title: Re: Need help issuing company shares on BTS platform.
Post by: taneem on November 03, 2017, 07:07:29 pm
Quote from: Frodo on November 03, 2017, 05:48:27 pm
Hello, welcome!

Yes it's possible. Maybe this will help you: http://docs.bitshares.org/bitshares/tutorials/uia-create-gui.html (http://docs.bitshares.org/bitshares/tutorials/uia-create-gui.html)

Thank you for the response. Please advise once this is created how i buy back the issued token for double price point ?
Title: Re: Need help issuing company shares on BTS platform.
Post by: Frodo on November 03, 2017, 08:58:14 pm
To buy back the tokens simply create a sufficiently large buy order at the given price. So if you want to buy back in BTS, simply go to  the YOURUIA/BTS market and place your order at 4 BTS.
Title: Re: Need help issuing company shares on BTS platform.
Post by: taneem on November 03, 2017, 10:49:03 pm
Quote from: Frodo on November 03, 2017, 08:58:14 pm
To buy back the tokens simply create a sufficiently large buy order at the given price. So if you want to buy back in BTS, simply go to  the YOURUIA/BTS market and place your order at 4 BTS.

Can i peg my asset to USD ?
Title: Re: Need help issuing company shares on BTS platform.
Post by: Frodo on November 04, 2017, 10:30:51 am
Quote from: taneem on November 03, 2017, 10:49:03 pm
Quote from: Frodo on November 03, 2017, 08:58:14 pm
To buy back the tokens simply create a sufficiently large buy order at the given price. So if you want to buy back in BTS, simply go to  the YOURUIA/BTS market and place your order at 4 BTS.

Can i peg my asset to USD ?

You can trade any market you want. So if you want to buy back in USD, you can do that.