[ANN] Metaexchange fee sharing!

[monsterer]

I think I made a mistake cause it says that the price is 1.0 BTS per METAFEE but below the red number is 1.503. I want to cancel the order but don't know how.
I see that I placed an order, how can I cancel it? In 'Trade' or in the dashboard/orders? There are no orders in 'Orders'.

You should be able to cancel your order on the 'Exchange' tab in the METAFEES/BTS market, down the bottom of the page it should be shown with a 'Cancel' button.

[38PTSWarrior]

I think I made a mistake cause it says that the price is 1.0 BTS per METAFEE but below the red number is 1.503. I want to cancel the order but don't know how.
I see that I placed an order, how can I cancel it? In 'Trade' or in the dashboard/orders? There are no orders in 'Orders'.

[38PTSWarrior]

I just placed an order. 1.503 BTS for 1 METAFEE
It's pending. Did I make everything correct?

[phillyguy]

Just bought some on the DEX!

Awesome model guys.

[bytemaster]

Please give us a pull request with your wallet integration components!   I really want to see this well integrated.

I love the business model!

Thanks

I sent you a PM with a patch in, did you get it?

Probably fell through the cracks... create an issue on github with the patch. 

[Shentist]

The METAFEES asset represents the fees we generate from running metaexchange. Each share is worth 0.005% of the fees we generate. There are 12000 in total, 2000 are held by monsterer and shentist and backed with the already existing liquidity of 40 BTC.

12000x0.005%=60% of total fees, what about the remaining 40%?
thanks!


PS Obviously many  for your business model!

shapeshift got an investment, it would be nice if they saved some in case someone bigger decides to invest on metaexchange.

Since I discovered Bitcoin, I remember discussing with a friend of mine that what people needed would be something like shapeshift and metaexchange. Something instant, no login required. It's awesome see those ideas come real after a couple years. Keep it up guys 

Btw, will we see an annoucement on bitcointalk next to the ones of the major exchanges? It would certainly attract some attention, specially since you're competing with Shapeshift and already offer more features, plus, people have the chance to invest.

hi akado,

first thanks!

yeah, we will make an ANN after monsterer has finished the BTS 2.0 integration so we can sell METAFEES via metaexchange.info for BTC,NXT and ETH as well.

[Akado]

The METAFEES asset represents the fees we generate from running metaexchange. Each share is worth 0.005% of the fees we generate. There are 12000 in total, 2000 are held by monsterer and shentist and backed with the already existing liquidity of 40 BTC.

12000x0.005%=60% of total fees, what about the remaining 40%?
thanks!


PS Obviously many  for your business model!

shapeshift got an investment, it would be nice if they saved some in case someone bigger decides to invest on metaexchange.

Since I discovered Bitcoin, I remember discussing with a friend of mine that what people needed would be something like shapeshift and metaexchange. Something instant, no login required. It's awesome see those ideas come real after a couple years. Keep it up guys 

Btw, will we see an annoucement on bitcointalk next to the ones of the major exchanges? It would certainly attract some attention, specially since you're competing with Shapeshift and already offer more features, plus, people have the chance to invest.

[Shentist]

The METAFEES asset represents the fees we generate from running metaexchange. Each share is worth 0.005% of the fees we generate. There are 12000 in total, 2000 are held by monsterer and shentist and backed with the already existing liquidity of 40 BTC.

12000x0.005%=60% of total fees, what about the remaining 40%?
thanks!


PS Obviously many  for your business model!

@liondani

50% from everything we are getting - mostly fees! We just gave us for the liquidity we already have METAFEES as well, to do the calculation better. We will not sell our own METAFEES within a year. The 0.005% is calculated for 100.000 METAFEES.

the remaining 50% if for running metaexchange, paying partners, paying advertisments etc.

[liondani]

The METAFEES asset represents the fees we generate from running metaexchange. Each share is worth 0.005% of the fees we generate. There are 12000 in total, 2000 are held by monsterer and shentist and backed with the already existing liquidity of 40 BTC.

12000x0.005%=60% of total fees, what about the remaining 40%?
thanks!


PS Obviously many  for your business model!

[monsterer]

Please give us a pull request with your wallet integration components!   I really want to see this well integrated.

I love the business model!

Thanks

I sent you a PM with a patch in, did you get it?

[bytemaster]

Please give us a pull request with your wallet integration components!   I really want to see this well integrated.

I love the business model!

[Shentist]

monsterer and me will be on the mumble server on

thursday 8pm CET,

so if you are interested and have questions for us, this will be a good time to take action.

[mike623317]

This is great news.
Count me in.

[monsterer]

Nice!

Could you pls share a sample CLI command for purchasing some METAFEES with BTS?

I'd love to - this is so hard because of all the different asset precisions, requirement to list in satoshis and the indistinction between buying and selling. I  had to resort to using the GUI to place orders

[roadscape]

Nice!

Could you pls share a sample CLI command for purchasing some METAFEES with BTS?