I think your consensus based approach would be best. Also listing any trust related stats (member since, posts, reputation etc...) of the asset issuer would go a long way to help weed out the scammers. Its a complex issue to be sure, you could also confer with a white hat that you trust to see if they can find any issues in whatever solution you decide on.
Actually, I may start it with a lot more shares this time. Instead of 1 million, maybe 5 or 10 million. The 100k per month would still be added when the initial shares would sell out, to help keep share price(s) low and affordable for everyone.
@Alongzz The wallet software, or the blockchain itself? Wallet should be fast - blockchain can take 6-8 hours if doing from scratch. You can get a headstart by downloading db.burst-team.us and extracting it into your burst_db directory.
Totally Automated Asset - or TAA - will be based on Smart Contracts on BURST, and will be capable of running your asset payouts, in a fully automated fashion!
The only thing, is that if your asset relies upon mining, those operations would still need to be managed, which is always good to have a partner for these things and this reason.
I've got multiple people who work with me both in the fore and background, if anything were to happen to me, one of them would take over the asset distribution and mining management.
Of course, I don't want to think of these types of things, but it is always good to have a failsafe backup plan, as I recently found I should have done with my phone... which was destroyed, and thus locked me out of my polo and coinbase accounts... very unfortunately...
I'm in the process of getting them back, but yea... that one hurt a bit.
Anyway, I'll give more info soon on my TAA idea. Thanks!
I must say, your presentation is business class. I have been here for a while but never really make an impact to the community due to the fact that I am full of questions. I'm having high hopes for this coin. This will be a long game. :)
@Iceburst@gpedro I'm sure the way IceBurst is handling this was the main reason this sold out so fast. Clearly laid out plan, pre-Announcement so people were ready to buy (informed). All in all, in my honest opinion, the way to approach an asset. The numbers will speak for themselves :) Good luck on all the endeavors.