Margin and Vector merge to Vector & Margin
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My assets, Margin and Vector will merge to a single asset, Vector & Margin, on 30/1/2017. I would advise everyone to remove their buy and sell orders from both assets, as assets bought after today might not represent the correct exchange value at the point of merge. Assets bought after today can still be converted to Vector & Margin assets.
The asset will be a more advanced version of Margin with a large reinvestment percentage and forwarding percentage. This will make Vector & Margin a stable asset with a solid payout every single month.
After 3 years, it will aim at buying back active shares at 50% above issue price.Information about the swap of assets:
On 30/1/2016 an account with a message from: BURST-QUZQ-LMPD-KBWS-EC5FT will be released. All assets sent there will be converted to Vector & Margin shares. Asset not issued by me, will not be converted.
Your Vector & Margin shares will be sent on Friday 10/2/2017. All other conversions will be sent before the monthly dividends.
The swap will closed at 1/1/2018.Scam warning:
During the preparation phase, multiple assets trying to look like Margin & Vector might appear. Do not trust any of them, unless their issue account has a message stating it is the correct asset from: BURST-QUZQ-LMPD-KBWS-EC5FT
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@FrilledShark Man you can use the swap function on the dividends addon... It should automate that change ;D
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@gpedro
I will avoid swap of either burned or inactive investors. It will also remove asset shares from the market, as they will be sent to the issue account after the swap has taken place. It will increase the payout of all investors as well.The time frame will be 1 year and everyone should have swapped their assets at that point, unless they lost access to their keys or burned the asset on purpose.
I will do my best to inform all investors of the swap. If the turnover rate is too low, I will consider buying ads on the site or doing other promotions.
If the turnover rate is still low, I will be using the automated swap.
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I have decided to speed up the progress. The new asset will be able to earn Burst to dividends faster, if we start earlier.
The official price of the upcoming asset will be: 1000 Burst.
The share ratio will be:
1 Vector = 0,04 Vector & Margin
1 Margin = 0,05 Vector & MarginVector's share ratio will be increased, if it is possible to liquidate assets in its inventory. Investors interested in big amount of BSilver, BURSTaker or BURSTize are more then welcome to contact me.
Total supply = 100'000 Vector & Margin
The swap will occur from: BURST-JLJT-JFUV-9UPQ-CGDYB
Do not trust any other address! It will not be refunded!Any questions, feel free to ask.
Edit, because of certain circumstances, the asset will not be named Vector & Margin. It will be released as VandM
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@FrilledShark
Hi! How exactly will the purchase of an asset VandM for owners of Vector/Margin?
You will produce a share buyback or accrued to all owners in accordance with the proportion of their ownership?
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@emcb
In about 2 weeks, I will send the shares of VandM to everyone, that has sent Vector and Margin assets to the mentioned account. It will be automatic and you don't have to do anything after you sent them.
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@FrilledShark Thank's!
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@emcb
You have to send the assets before 1/1/2018, so there is quite some time left.
You will miss all dividends before it, so I would recommend converting as fast as posssible.
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Shares are sent to the ones, who has already sent in their assets.
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@FrilledShark said in Margin and Vector merge to Vector & Margin:
the swap will occur from: BURST-JLJT-JFUV-9UPQ-CGDYB
Just to be sure, you want us to send our Vector shares and Margin shares to this account, and then you will send us our new 'VandM' shares?
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I received my new asset FrilledShark Thanks!
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@Propagandalf
Yes. The address was funded from my personal wallet in transaction: 15379698359120530834I also signed it with my staked bitcoin address here: https://bitcointalk.org/index.php?topic=1323657.msg17597524#msg17597524
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@FrilledShark
I don't understand what account number to send assets?
BURST-QUZQ-LMPD-KBWS-EC5FT or BURST-JLJT-JFUV-9UPQ-CGDYB
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@emcb said in Margin and Vector merge to Vector & Margin:
@FrilledShark
I don't understand what account number to send assets?
BURST-QUZQ-LMPD-KBWS-EC5FT or BURST-JLJT-JFUV-9UPQ-CGDYBBURST-JLJT-JFUV-9UPQ-CGDYB
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@emcb as @Focus said, BURST-JLJT-JFUV-9UPQ-CGDYB.
If you manage to send it to the wrong address, it is not the end of the world.
As longs as it is an address I own, I will send the correct amount of VandM shares to you.
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Transferred both vector and margin to
BURST-JLJT-JFUV-9UPQ-CGDYB
Thanks
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@FrilledShark Vector&Margin from faucet.burst-team.us account send to BURST-JLJT-JFUV-9UPQ-CGDYB. Thanks for that donation again. (faucet currently in maintenance, soon back up)
Btw. you wrote 2016 in OP, guess you should replace with 2017 :-)
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