[ANN] The N.E.W.S. Asset launch



  • Asset ID: 5892347315238085011
    Price per asset: 104 Burst (Staggered to 130 Burst)
    Dividends: PAID WEEKLY
    WEBSITE: https://news-asset.com
    POOL SITE: pool.news-asset.com:7080
    DATA Chart for Volume and Trades: http://news.rimvis.lt/

    TOTAL SHARES SOLD: 142,714 NEWS
    TOTAL SHARES ISSUED: 159,769 NEWS
    TOTAL DIVIDEND PAID: 1,629,480.41 Burst
    REINVESTED: 724,213.52 Burst
    ASSETS DISTRIBUTED (REINVESTMENT): 7,242 NEWS Shares

    Fill out the registration form for sponsorship (leave it blank if none): https://goo.gl/forms/vRLYDn94bXPhJuUz2

    THE N.E.W.S. ASSET
    The N.E.W.S. Asset is basically a diversified look at investing your Burst, while at the same time, stimulating interest in the coin. For more information, please visit: The N.E.W.S. Asset Documentation

    Here are the components of the asset:

    1. N (Numerous Assets) - 10% of the Assets purchased will go to Numerous Assets that have shown potential to be steady earners.
    2. E (ETH/ZEC mining rig) - 50% of assets purchased will go into funding an Ethereum rig.
    3. W (Wide Variety/Trading) - 20% will go to a Wide variety of coins. We’ll trade on either Poloniex or C-CEX.
    4. S (Standard Burst Mining) - 10%; with 40% reinvested and 50% paid as dividends to the asset holders. 1 asset equates to 26.214 MB of mining power.

    Now, all the components’ percentages only equates to 90%, why? The explanation is given here on The N.E.W.S. Asset Documentation
    Please read the italicized, bolded, colored blue paragraph on Page 2.

    The Mathematics of profit distribution:
    A. 50% of all the profits paid out to all asset holders.
    B. 40% will be reinvested (Burst equivalent asset shares to be distributed to shareholders at the end of each month)
    C. 10% will be taken in the form of maintenance fees.

    NOTES:

    1. The percentages of NEWS Asset’s components have been voted through polling. The results can be found, with colorful graphs, here: https://forums.burst-team.us/topic/1249/ann-pre-launch-of-n-e-w-s/11
    2. There is a 5% referral bonus for those who like to share to others. To be eligible for the bonus, an asset holder should have at least 10 assets acquired from N.E.W.S.

    There will be 2,000,000 N.E.W.S. assets. We have to discourage a “buy and dump” scenario in the Asset Exchange (AE). This will be released in increments and would always be of lower value than the current exchange rate. Also, we have started a tradition of poll voting. We may also implement it to feel the pulse of the asset holders and the community to release new assets and at a price that’s justifiable and fair.

    For those who are new to the Burst universe or those who have limited amount of Burst but wanted to acquire assets, you can buy Burst from other members here using BTC, FIAT (dollars, etc.) or on trading sites like Poloniex, C-Cex, etc. By doing this, aside from mining, we are all helping the health of Burst’s market value and its future.

    N.E.W.S. Asset Team

    HELPFUL LINKS:
    CLICK HERE FOR: The N.E.W.S. Asset Inventory and Valuation
    CLICK HERE FOR: The N.E.W.S. Asset Documentation



  • It's great to see that asset holders are already slowly acquiring their shares of N.E.W.S. This is a positive thing.

    Also, there is a 5% Referral Bonus. Meaning, if you refer someone who acquires let's say 10 shares of N.E.W.S., we will send to your wallet 50 Burst coins Tax Free (or if your Referral Bonus reaches increments of 100 Bursts, we will give you a choice of whether we send you Bursts or we send you N.E.W.S. asset shares). All your referrals have to do is when he/she decides to acquire/buy some N.E.W.S. assets, he/she will have to fill out the registration form (link is given on TS) and put your wallet address on the designated SPONSOR's area. You can grab this opportunity. The choice is always yours. :-)

    For us to process the referral bonus smoothly, please fill out the registration form.

    Lastly, to be eligible for the referral bonus, a SPONSOR should have at least 10 assets acquired from N.E.W.S.

    Thank you.

    N.E.W.S. Asset Team



  • First 24-hour update: September 4, 2016 18:00 EST

    Number of assets sold: 985

    N (Numerous Assets) - 21,670
    E (Ethereum mining rig) - 21,670
    W (Wide Variety/Trading) - 28,864.44
    S (Standard Burst Mining) - 14,469.65

    ==========================================================================================================

    28,864.44 Burst is already sent to our trader at the moment.
    0_1473035231500_Screenshot_2.png

    Bidding for Dynamix shares at the moment. Bought some Dynamix assets. Thanks to @Kitsune's Dynamix asset holder for selling some shares at a reasonable price. =)

    Thank you for your trust.

    N.E.W.S. Asset Team



  • Hi @jervis. Could I repost the info regarding the asset on Steemit? Who knows, maybe we'll get some new investors.



  • @socalguy I think you're welcome to do it with all the assets you want... P.S.: now i understand your question on IRC LOOL



  • @socalguy It would be a pleasure. Remember, the 5% is always up for grabs. ;-) Thank you.



  • We have started to do our work in N.E.W.S. Although the volume is still low, the sales of the asset resulted in us buying/acquiring assets, Co-shared an existing RX 480 GPU rig, trading, and allocating 14.5GB mining.

    N (Numerous Assets) - BURST-PG7J-U2L8-F3CU-8UFFN
    Bought Dynamix assets

    E (Ethereum mining rig) - http://ethermine.org/miners/b51877880D0892864144284713fDf0CB847EA11C
    Currently N.E.W.S. co-own 300KH/S of ethereum mining power, as the number of of N.E.W.S. asset holders go up, so will our share of the mining rig. Until we have enough funding to cover the purchase of a standalone rig, N.E.W.S. will continue to co-own/purchase mining power from the team's existing ETH miners.

    W (Wide Variety/Trading)
    Trading in progress

    S (Standard Burst Mining)
    14.5 GB allocated

    Crowdfunding funds (donation for Crowdfunding projects)
    4,925 BURST

    These values would climb up as more investors/share holders buy/acquire more shares of N.E.W.S. Spread the good news! N.E.W.S. is modeled and designed for dynamic stability.

    Sharing is loving. Giving away 5% referral bonus https://forums.burst-team.us/topic/1284/ann-the-n-e-w-s-asset-launch/3

    Thank you.

    N.E.W.S. Asset Team



  • @jervis Thanks



  • September 6, 2016 8:12 EST

    Total number of assets sold: 1027

    N (Numerous Assets) - 22,594
    Dynamix
    BSilver

    E (Ethereum mining rig) - 22,594
    http://ethermine.org/miners/b51877880D0892864144284713fDf0CB847EA11C
    Currently N.E.W.S. co-own 300KH/S of ethereum mining power. We can buy at increments of 10,000 Burst per 100 KH/S ETH mining power. Until we have enough funding to cover the purchase of a standalone rig, N.E.W.S. will continue to co-own/purchase mining power from the team's existing ETH miners.

    W (Wide Variety/Trading) - 30095.21
    Trading in progress

    S (Standard Burst Mining) - 15086.63
    15 GB allocated

    These values would climb up as more investors/share holders buy/acquire more shares of N.E.W.S. Spread the good news! N.E.W.S. is modeled and designed for dynamic stability.

    Sharing is loving. Giving away 5% referral bonus https://forums.burst-team.us/topic/1284/ann-the-n-e-w-s-asset-launch/3

    Thank you.

    N.E.W.S. Asset Team



  • [Announcement] There has been a change in the terms of dividends' distribution.

    Thank you.

    N.E.W.S. Asset Team



  • We have looked over the dividend distribution scheme and made adjustments that we thought would be more plausible for the asset holders. Please check the thread starter post or https://forums.burst-team.us/topic/1284/ann-the-n-e-w-s-asset-launch

    Thank you.

    N.E.W.S. Asset Team



  • Trading update. Our trader feels that following September 4's dip, Monero (XMR) has enough room for upward movement this is why we've purchased coins at the 0.020 level. We're looking to exit at around the 0.022 level which will net us around a 7-8% profit for the position.



  • If you have the time, please do check out: https://forums.burst-team.us/topic/1311/the-magic-2-mini-lotto

    50% of the income of this project will be distributed to share holders.
    40% to be used for prize pool.
    10% maintenance fee.

    This is a mini-project taken out from the Floating fund of the N.E.W.S. Asset.

    Thank you.

    N.E.W.S. Asset Team



  • September 9, 2016 5:28 EST

    Total number of assets sold: 1082

    N (Numerous Assets) - 23,804
    BURST-RXNN-UAZZ-9Q7Z-3BE5N
    Dynamix
    BSilver

    E (Ethereum mining rig) - 23,804
    http://ethermine.org/miners/b51877880D0892864144284713fDf0CB847EA11C
    Currently N.E.W.S. co-own 300KH/S of ethereum mining power. We will be buying another 100KH/S when the budget reaches 30,000Bursts.

    W (Wide Variety/Trading) - 31,706.93
    Trading in progress

    S (Standard Burst Mining) - 15894.58
    15.9 GB allocated

    Component values are slowly and steadily rising as investors/share holders are acquiring more shares of N.E.W.S. Spread the good news! N.E.W.S. is modeled and designed for dynamic stability.

    Sharing is loving. Giving away 5% referral bonus https://forums.burst-team.us/topic/1284/ann-the-n-e-w-s-asset-launch/3

    Thank you.

    N.E.W.S. Asset Team



  • ANNOUNCEMENT:

    Tonight at approximately 18:00 EST will be the First Payout of N.E.W.S. As dividend distribution was revised last September 6, 2016, N.E.W.S. will be distributing dividends on ETH and Burst mines on a weekly basis. Thus, we will be sending (tonight) to your accounts/wallets your shares on these 2 components only.

    Thank you for your trust. Happy Bursting!

    N.E.W.S. Asset Team



  • September 10, 2016
    Dividend Distribution for ETH and BURST mining components ONLY

    NEWS (5892347315238085011) Total found assets: 2000000, Assets to be distributed: 1128
    Summary of proposed distribution of 191.8565BURST to 9
    Based on asset holders at timestamp 65822265 (Sat, 26 Dec 2015 07:57:45 GMT)
    --------------------------------
    Number of assets, Account, Payout amount
    500, BURST-ACGB-YGHQ-G9ZL-5XD7U, 85.04277482
    200, BURST-GGPX-PP5S-LAGP-CBGCU, 34.01710993
    120, BURST-LU3K-L8T7-3C66-63W5K, 20.41026596
    100, BURST-CMZW-KFUE-4AQG-8HAQV, 17.00855496
    97, BURST-2CYU-BZCC-5J3J-33CG8, 16.49829832
    60, BURST-R7BP-7668-XM5Z-BBV4Q, 10.20513298
    40, BURST-9RYZ-XFWF-LW34-B5FBC, 6.80342199
    8, BURST-YDZE-BTHA-QP7P-9U7XP, 1.3606844
    3, BURST-SSSU-EGR5-5XZ9-AY68F, 0.51025665

    Amount paid, Account, TX
    85.04277482, BURST-ACGB-YGHQ-G9ZL-5XD7U, 4341799920020977664
    0.51025665, BURST-SSSU-EGR5-5XZ9-AY68F, 16525136141215344769
    1.3606844, BURST-YDZE-BTHA-QP7P-9U7XP, 4505672954271749652
    6.80342199, BURST-9RYZ-XFWF-LW34-B5FBC, 4006838561642611603
    10.20513298, BURST-R7BP-7668-XM5Z-BBV4Q, 3825761295855111255
    16.49829832, BURST-2CYU-BZCC-5J3J-33CG8, 8749756159368868256
    17.00855496, BURST-CMZW-KFUE-4AQG-8HAQV, 17331445556560816574
    20.41026596, BURST-LU3K-L8T7-3C66-63W5K, 1485841095706444261
    34.01710993, BURST-GGPX-PP5S-LAGP-CBGCU, 9053960354243232076

    The timestamp is funny. I don't have any part of why it's showing like that. I'm using the Online Wallet. I mean, https://mwallet.burst-team.us:8125/ my wallet doesn't work, again. I can't put ISSUER as not part of the distribution.

    So, here's a screenshot of the real time. 0_1473545476306_Screenshot_2.png

    Anyways, this is dividend distribution for ETH and Burst mining ONLY.

    Trading is a bi-monthly distribution. Numerous assets management will be distributed as long as they make payments (usually monthly).

    So, basically, we do a weekly payout.

    Thank you.

    N.E.W.S. Asset Team



  • How are you guys? Anyways, there's a movement going on to put Burst on Shapeshift. All we got to do is send them a request to add Burst to their services.

    This is the link: https://shapeshift.zendesk.com/hc/en-us/requests/new

    I have already sent my request. Let's help our beloved Burst get its shine shown to the real world market and real world applications.

    Thank you.

    N.E.W.S. Asset Team



  • @jervis said in [ANN] The N.E.W.S. Asset launch:

    How are you guys? Anyways, there's a movement going on to put Burst on Shapeshift. All we got to do is send them a request to add Burst to their services.

    This is the link: https://shapeshift.zendesk.com/hc/en-us/requests/new

    I have already sent my request. Let's help our beloved Burst get its shine shown to the real world market and real world applications.

    Thank you.

    N.E.W.S. Asset Team

    Alright man! Thanks for the help



  • ANNOUNCEMENT:

    This week's N.E.W.S. dividend distribution will be for the E.W.S. segments. Meaning, Etherium mining, Widespread coin Trading, and Standard Burst mining income will be distributed for the shareholders.

    Last week's dividend distribution was for the the income of E. and S. only.

    NOTE: N.E.W.S. Asset distributes weekly dividends.

    Have a great time everyone. Happy Bursting!

    NEWS Asset Team



  • ANNOUNCEMENT:

    To our shareholders, NEWS calculation for dividend distribution is as follows:

    50% of income per segment or component of NEWS i.e. Numerous asset management, Etherium mining rig, Widespread coin trading, Standard burst mining will be distributed to asset holders.

    40% of income per segment or component of NEWS i.e. Numerous asset management, Etherium mining rig, Widespread coin trading, Standard burst mining will be reinvested.

    10% of income per segment or component of NEWS i.e. Numerous asset management, Etherium mining rig, Widespread coin trading, Standard burst mining will be for administrative fees.

    Thus, in this line of our agreement, at the end of every month, the reinvestment fund will be calculated as asset shares and will be distributed to the asset holders. For example, if the 40% of income of NEWS at the end of this month is 4,000 BURST (divided by the current value of NEWS), we will be distributing 40 (forty) asset shares to our beloved shareholders. Thus, giving you more shares and more income the next coming weeks (NEWS is paying weekly).

    Thank you for your continued patronage and support of NEWS Asset. New shareholders are welcome to acquire assets. Details on the NEWS Asset can be found here: https://forums.burst-team.us/topic/1284/ann-the-n-e-w-s-asset-launch

    Thank you. Happy Bursting!

    N.E.W.S. Asset Team


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