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

bandarfjb

Bitcoin cloud mining? What website and how can you sure that is profitable?

jervis

I'm scared of oceans right now. cough hashocean cough

chrispop

@crutsy I am aware of the recent scam assets,but BurstOcean does not have anything to do with them. I don't think there is really a rough time to launch an asset as the community is in need of legitimate assets. Of course you have your point there that people are more sceptic after seeing all the scams out there.
You and @crowetic implied that this asset does not worth 160 million BURST respectively 10% of BURST. Well,that's why I am releasing the asset in batches. I want to build trust with shareholders and community members. As I said in my second post on this thread the initial release will be 100,000 assets and that is worth 10 million BURST(0.61% of total BURST). I surely don't expect that to be purchased immediately,but as time passes and BurstOcean proves its legitimacy and trustworthiness it will sell.

@crowetic Yes,I am pretty new to the BURST forums and community,but I have watched burst through bitcointalk since long time ago. I guess I have only joined now due to lack of time and I had some business to take care of.
I will prove with pictures all the streams of income(pics with burst mining hardware,cloud mining company website with current hashing power,etc.) of BurstOcean once I get the first funds from asset selling. It is not necessary that all the initial asset release to be sold to start making the investments and paying out dividends. I will also make some spreadsheets containing expenses,profit,purchased hardware,etc.
P.S. I have messaged you back on discord. It seems you are away,but I'm sure we will find a time when we both will be online so we can have that conversation.

@bandarfjb The company I am working with has more than 2 years experience in the field and hundreds of thousands of customers all over the world. There is a very low probability that anything will happen to this company.
You asked "How can you sure that is profitable?": In the today's world we live nothing is 100% sure. Every business has its risks involved. What I am trying to do is to minimize the risks,that's why BurstOcean's revenue is divided into multiple streams and some of the future ones will provide more stability to the asset. I want to keep them a surprise that's why I prefer not to reveal them yet.

@jervis I assure you that BurstOcean does not have anything to do with hashocean. It is just a coincidence that we both do bitcoin mining(however bitcoin mining is just one of the asset streams). The naming process of the asset took me a long time. I had so many good ideas,but I wanted something unique and that is not used by another company.

The initial release will be out in 3 hours and a half at 5:00 PM EET.

RichBC

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

I will prove with pictures all the streams of income(pics with burst mining hardware,cloud mining company website with current hashing power,etc.) of BurstOcean once I get the first funds from asset selling.

I think it would be much better to do this now, before people start making investments, rather than expecting them to trust that you will spend their money in the way you have described.

Rich

iKnow0

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

ASSET SALES DISTRIBUTION:

Bitcoin Cloud Mining - 50% of sold assets will go into purchasing bitcoin mining power from a top class bitcoin cloud mining company.
Q 1. Which cloud mining company & exact contract type?

Burst Mining - 25% of sold assets will go into funding a Burst mining farm hosted by me.
Q 2. How much Burst have you personally mined to date? (What account?)

Burst Assets Ecosystem - 25% of sold assets will be invested into high-quality,reliable burst assets.
Q 3. Which assets types have you shortlisted for this selection?

chrispop

@RichBC I haven't invested from my own pocket YET so I don't have any pic with hardware to show you unless you want me to post a pic how I am mining with ~200GB with my laptop? lol
I am not here to steal people money. I will post pics and updates after the first funds come in. I haven't put so much work in making the plans for this asset,graphics and effort to respond to each one of you fellows only for personal gains. For my work,time and electricity costs(even if burst is a eco-friendly crypto-currency) I have set a maintenance fee of 5% from the profits(not from asset sales,only from profits) that I will often redirect to dividends fund.

I'm going to hit the gym now. I have just seen your post @iKnow0 and I will respond to you after I get home in about 1-2 hours.

RichBC

@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

chrispop

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

I will purchase lifetime bitcoin mining contracts from genesis mining.
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
I have my eye the following assets so far:
BURSTeam
ADSactly
BSILVER

chrispop

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.

RichBC

@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

crowetic

@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...

chrispop

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.

Gadrah_

@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 !

chrispop

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

Gadrah_

@chrispop I truly hope so.

MadeBySaints

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!

CesBurst1782

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

chrispop

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! ;)

bandarfjb

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

crowetic

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!