Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - jefdiesel

Pages: [1]
1
General Discussion / Re: NXT online wallet
« on: June 03, 2014, 02:45:13 am »
hey guys

 i've been really digging my head into autoDACS or as bluemeanie calls them VCorps, and I really think the clearest way to think about this is that VCorps are what to investment and capital that Crypto Currencies are to controlling finance and transference of funds.

 Its amazing we can transfer funds freely, low fee, secure and instantly using nothing but co-operation and computing power.

 BUT the blockchain holds no record of the BUSINESS being done. Who knows what you bought, invested in, or traded. At first (SR) this was good. But quickly it becomes limiting.

 Its fine to buy a bag of herbs online, but it works best when you have no recourse as a seller. What if you wanted to build a seller rep? There is no record. VCorps lets you create a device aka a Corporate entity that has responsibility, transparency, and  security.

 Say three guys want to make a business. A dev, a salesman and a money guy. $100k in the pot to start the VCorp, split even 3 ways.
 This VCorps rules are as follows:
 Investor earns 10% monthly from final profits
 Dev earns $10k month
 Salesman earns $5k month and 5% sales., with a 25k monthly minimum for a 1% bonus
 All proceeds go to the account. All expenses, including salaries come out.
 A Profit and Loss is generated monthly and posted.

 No one can take the money and run. Three votes to change any financial aspect.
 Say a year goes buy, business has been good, lets expand.
 This business has a RECORD of business done, highs and lows, and they can offer this info to investors, and even create a virtual IPO




Pages: [1]