[ANN] BurstOcean - Sailing Wealthy! - Multiple Income Streams - BURST Price Booster



  • @iKnow0 Thanks for your interest in BurstOcean here are the responses to your questions:

    1. I will purchase lifetime bitcoin mining contracts from genesis mining.
    2. Sincerely I haven't mined any burst yet. But I have made my homework(i have studied the forum,threads and watched the videos) and I'm sure crowetic&co will surely help me if I encounter any problems. So I don't think it's very important if I have any previous experience in burst mining,but I can show you that I have a past in crypto-currency and I'm not a newbie in this niche: bitcointalk.org/chrispop
    3. I have my eye the following assets so far:
      BURSTeam
      ADSactly
      BSILVER


  • The Initial Release is NOW ON THE MARKET!

    You can now purchase your first BurstOcean assets! Take them while they're hot! :) And don't forget about the BONUS DIVIDEND on Monday,7th November. After that the dividends will be made normally every 2 weeks and soon weekly.



  • @chrispop

    On 1 I look forward to seeing the detailed maths on the cost of the contracts and projected returns taking account of Difficulty increases, and possible Bitcoin price movement v Dollar.

    On 2 I have been mining Burst for 8 Months and consider myself a beginner. I have gradually built up to 70TB and am still making mistakes and learning a lot about how best to plot, optimise, mine and manage in the most efficient and reliable way.

    Reading only get's you so far and I think it would be much better to get some real experience under your belt as opposed to expecting investors to pay for you mistakes.

    On 3 OK others are doing this but what value do you think you are adding in buying a set of assets, from which presumably you will take a cut of the profits, as opposed to people just buying the assets directly?

    Rich



  • @RichBC said in [ANN] BurstOcean - Fresh Asset Entering The Market:

    @chrispop OK fine if that's the way you want to play things. Personally I think that it should be a prerequisite of anyone issuing an Asset to make and show that they have made a significant personal investment and demonstrate that they are experienced in whatever they are expecting others to put their money in.

    Rich

    I agree...

    I've had a personal conversation with the asset issuer, to urge him to re-work the way he's doing things here....

    The way it is posted now, does not give confidence to the potential investors...



  • IMPORTANT UPDATE

    I have discussed with crowetic and I decided to change/rework the asset design. I was too ambitious for my first asset and taking into account that my account is pretty new it was simply too much for a start. So instead that I will start slowly and build this asset up.
    SO.. after a long discussion I'm making the following changes:

    1. Bitcoin Cloud Mining is no longer one of the streams of income of BurstOcean as I agreed that this is not a very stable source.
    2. I have changed the initial release price to 10 BURST/asset and also the next releases prices(see the OP).
    3. Asset Sales Distribution has been changed and 75% of the sales will go into BURST Mining and respectively 25% into Burst Asset Holding.
    4. The dividends will be paid weekly from now on.
    5. Me and @crowetic came to an agreement and he will host BurstOcean's mining hardware. I hope he can confirm it here.

    The initial release of 100,000 assets is on the market at the price of 10 BURST/asset.
    Asset ID: 6896197830923766736

    *The bonus dividends will still be paid on Monday.



  • @chrispop I'm glad you have made those changes in your business model. I decided to trust you and bought a few shares. Good luck !



  • @Gadrah_ Thank you for your confidence! You won't be disappointed. ;)



  • @chrispop I truly hope so.



  • I was really hoping that the Bitcoin mining section would be taken out. I do agree with your/crowetic view on that. its still horribly unstable, and could prove to be a huge loss for everyone. That being said, im happy you decided against it, and i have Invested a few burst in your endeavour! Best of luck to you, hope to see a turnaround!



  • @chrispop Just Pick up 54 shares right now and hope to buy some more in the future! Looking forward how this Asset will do?!?! :-)



  • BurstOcean Launch Day Overview

    Even if we encountered some launch problems and I had to rework the asset design the launch was still a success! By this way I want to thank all people who put their trust in my asset and purchase shares and I hope you will continue to support me!
    Ok so here are our statistics from Day 1(November 4th 6:00PM-November 5th 2:00PM EET):

    SHARES SOLD: 13633 (13.6% of the initial release)
    ASSET SALE ALLOCATION:

    • 102247 BURST to Burst Mining
    • 34082 BURST to Burst Assets Holding

    This evening I will post another update with the first mining hardware that I will purchase and also with the first assets purchased. I will also have a meeting today with @crowetic and discuss the details of hosting BurstOcean's miners. Keep an eye on the thread! ;)



  • It is nice to see that you change the business plan, I will pick up some amounts of assets. Good luck!



  • ANNOUNCEMENT

    Just wanted to let everyone know, that I've had another conversation with the asset issuer personally today...

    He has agreed to let me host some mining power for him. I will be hosting 20TB of mining power to start, for BURSTOcean asset.

    This is the agreement to start, he has already sent the funding for me to purchase the drives for him, I've agreed to use one of my currently 24/7 mining systems, to host the power for him, until later down the line when he would like to purchase a new system as well as some GPU mining power.

    So, it will take about a week to get the drives, and another few days to plot them and get them running, but the deal has been made.

    Thank you!



  • As @crowetic mentioned above BurstOcean will have a 20TB mining power running within a week or so. Also I have purchased some assets as part of BurstOcean Asset Holding stream.They are public in our asset wallet so you can always check them out:

    BSILVER: 54
    ByteEnt: 81
    BURSTeam: 70
    BURSTize: 60
    BURSTaker: 98
    ADSactly: 20

    alt text

    I wanna get this asset to at least 50TB burst mining power until the second release so keep on buying!!
    Don't forget that the bonus dividend round is on Monday and our first weekly dividend will be on 14th November as I need to wait for the miners to arrive and to be plotted,but I'll make sure I double that dividend from my own pocket: Happy shareholders= Wealthy Asset ;)



  • November 6th Progress UPDATE

    ASSETS SOLD: 5453
    TOTAL ASSETS SOLD: 19086(19% of the initial release)
    ASSET SALE ALLOCATION:

    • 40897.5 BURST to Burst Mining
    • 13632.5 BURST to Burst Assets Holding

    --------------------------------------------------------------------------------------------------------------------------------------------------

    Some notes:
    The funds allocated to Burst Mining will be held until it is enough to purchase at least a 5TB mining unit.
    The funds allocated to Burst Assets Holding are invested immediately.
    The profits from streams are calculated each day but will be only reinvested/allocated to dividends fund at the end of every week.

    Reminder: TOMORROW IS OUR FIRST DIVIDEND DAY!



  • @chrispop is 50% weekly still the dividend? Or less now?



  • @chrispop said in [ANN] BurstOcean - Fresh Asset Entering The Market:

    Reminder: TOMORROW IS OUR FIRST DIVIDEND DAY!

    How are you making a Dividend payment so early in the life of the Asset when you have no income?

    Rich



  • @Xander52 Yes,the weekly dividend is 50% of our profits. The OP is updated and all information in there are accurate. Please note that we don't pay 50% ROI/week,but 50% of our weekly profits from our streams of income.

    @RichBC As I said in the previous posts tomorrow is going to be a BONUS DIVIDEND ROUND. It will be supported from my own pocket. I want to reward the early birds who invested in BurstOcean. The 20TB burst mining power will arrive at the end of this week so the income will start pouring in very soon!



  • @chrispop Well, I guess I will buy 2 shares (just started burst so I don't have a lot.)



  • @chrispop OK understood, missed the bit about it being a Bonus, although I suspect Shareholders would prefer it if you kept the money in the business to be invested or that you issue them with Bonus shares?

    Rich



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