Author Topic: User issued prediction markets - unacceptably high asset issuance fee  (Read 982 times)

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Offline pyhta4og

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I'm considering using Bitshares to implement service requiring a lot of prediction markets. Namely, millions of them.
But each asset costs at least 600 BTS fee, when doing in openledger GUI.

With 1 BTS = 0.11 USD it is too much. (My acceptable fee should 1 BTS max)

Are there any other way to create micro prediction markets without or with minimal fee?
They could  have long names, e.g. 100 character. Could the fee be as low as 1 BTS then?

Offline Brekyrself

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Appears if you are a lifetime member, it's 121 bts for a 5 character or longer asset.

http://cryptofresh.com/fees

These can be changed if you have a real business case, you can justify to the committee members why they should be lowered.

Offline pyhta4og

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How could I contact commetee members?

Offline R

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How could I contact commetee members?
Propose the fee change here: https://bitsharestalk.org/index.php/board,75.0.html
Also, consider attending one of the weekly bitshares hangouts to further draw attention to your proposal.