Here is something I thought might be useful, its a calendar that shows when each asset pays its dividend. Still in the process of adding assets... Any comments or suggestions for improvement welcome... Burst Asset Dividend Calendar
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Burst Assets Dividend Calendar
Draft: Code of Practice for Issuing Assets
Here are my thoughts as to what would be useful. Comments, additions and criticisms welcome.
This thread will be open for one month to allow time for all to give feedback. Once the final draft is completed, then we will have a vote and let the community decide to go ahead with it or not.
A "code of practice" is not law but is a promise to investors and a deterrent to scammers. Asset issuers who adopt the code of practice will benefit greatly as it shows maturity and commitment, those who do not adopt it will have a much harder time getting new investors.
Code of Practice for the Issuance of Burst Assets - Draft Version 0.09
An asset issuer should....
- List clearly the function of the asset and how the asset will earn revenue in the asset description.
- Provide a URL in the asset description for feedback to the investors as to the current status of the asset.
- Have a unique Burst account for dividend payments for that asset.
- The Burst account for the asset dividends should be named in the form (Asset_ID Asset_Name Dividend Payment).
- Provide a list of any other Burst accounts related to that asset.
- Have their identify verified in some manner.
- Reveal their true age.
- Provide proof of life of the asset at each dividend payment.
- Highly recommended to provide an escrow fund for a reasonable percentage of the asset in case the asset is unsuccessful.
- The asset issuer should show proof of what they themselves are putting towards the asset, be it funds, hardware or other.
- Provide an asset plan as to how they see the asset will grow over time in value.
- Provide an "Exit Strategy" should the asset become nonviable.
- Asset issuers should declare in detail relevant experience that qualifies them to responsibly release and manage the Asset.
- Asset issuers should pre-announce an asset one week
monthbefore releasing the asset.
- Asset issuer should give an exact date and time for the asset release.
- Provide a change log at the bottom of the original post for the asset to reflect changes to the asset.
RE: We now have a Burst wikipedia article !
@nameless my address is below.
Re: the wiki article, this is huge guys. Search engine rankings will get a huge boost, already other alt-coins have started linking to the article. Only 24 cryptocurrencies are officaly listed by wikipedia (https://en.wikipedia.org/wiki/List_of_cryptocurrencies) this gives an idea of how hard it is to do. I would like to personally thank @Gadrah_ for his Trojan work.
RE: Bitcoin almost 1000 USD again
@Propagandalf possibly this
UAE Central Bank: We Are Not Banning Bitcoin
The Central Bank of the United Arab Emirates (UAE) has clarified past statements about a prohibition on “virtual currencies”, confirming that new rules released last month do not apply to bitcoin. A previously issued document included the stipulation that "all virtual currencies (and any transactions thereof) are prohibited". New comments suggest that, at least for now, the central bank isn’t taking any action against bitcoin or other decentralized cryptocurrencies. Central bank governor Mubarak Al Mansouri said:
"These regulations do not cover 'virtual currency' which is defined as any type of digital unit used as a medium of exchange, unit account, or a form of stored value. In this context, these regulations do not apply to bitcoin or other crypto - currencies, currency exchanges, or underlying technology such as blockchain."
RE: A New Massive BURST Mining Operation To Hit the community Soon!
@Propagandalf Exactly! Ask not what Burst can do for you, but what you can do for Burst.
RE: Let it rain, let it rain ......
@ccminer simple, i need to pay for my mining investment. I will go to whichever pool is working. The SPAM is a symptom, the core issue is that the network needs to be able to deal with large volumes of transactions with out forking. Until the core issue is addressed we can expect more of the same.
RE: Burstnation & Network situation & Local Wallets
@tomahawkeer Fun and games... price is up, lots of new assets, new Wikipedia page and the network is being stress tested. Never a dull moment for sure
RE: [ANN] BtcDragon Casino Asset
@Bitdv just tried the Burst on the casino, only one slot, so i assume you are working on the others. I suggest you put next to the slot what wins and what the payouts are, also to explain the free spins thing. Other than that all good. even won 120Burst :-)
RE: POOLS & Killing Interest
I'm not at all concern about the volume of activities, just how specific accounts collects a large number of wins and leaves an uncomfortable imprint on newcomers, like myself. ( I have noted in the forum before recommendations were made to enter smaller pools based on HD mining capacity)
Every time a large miner joins my pool I smile, and when they win i smile even more. The more blocks your pool wins the better your earnings. I know it can be disheartening to see a miner with 320+TB and the amount they win, but think of the positives. In many countries ASIC or GPU mining is just not feasible with the cost of electricity, with Burst it is. Burst has a very low financial entry point for mining. Burst is cheap at the moment. Aside from mining Burst, there are Burst assets to invest in compare their rate of return to any banks deposit interest rate, you can buy and sell on poloniex and make nice returns if you get it right. You can also have your own market place with a global market and no banker fees to contend with. I think you just need to start thinking more globally and outside the box, ask yourself what is cheap and plenty-full in my country that is rare and expensive in others, make a list and add them to your marketplace and go from there, all it takes is just one order to get you started. The world is your oyster go find some pearls.
RE: Bitcoin and Quantum Computers: What are the implications in layman terms?
@socalguy Exactly! As my grandmother used to say "never believe what you read and only half believe what you see"