[ANN] BurstOcean - Sailing Wealthy! - Multiple Income Streams - BURST Price Booster
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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!
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@chrispop is 50% weekly still the dividend? Or less now?
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@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
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@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!
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@chrispop Well, I guess I will buy 2 shares (just started burst so I don't have a lot.)
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@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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@Xander52 Take small steps and build your empire!
@RichBC As I said I want to give BurstOcean's shareholders an incentive. It is their choice if they want to put it back and purchase more assets to help the business grow faster/raise their dividends or if they want to keep the burst. ;)
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November 7th Progress UPDATE
ASSETS SOLD: 2898
TOTAL ASSETS SOLD: 21984(22% of the initial release)
ASSET SALE ALLOCATION:- 21735 BURST to Burst Mining
- 7245 BURST to Burst Assets Holding
I have sent @crowetic $25 worth of burst to cover the shipping fee of the 20TB HDDs. That's around 36000 BURST. I will pay the early birds bonus dividend in the next 30 minutes so watch out for it!
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BurstOcean Early Birds Bonus Dividend Payout
As promised today we have PAID OUT our first dividend! The ROI for this payout is 10% which is a great return,but please note that this bonus dividend was paid from my own pocket as our mining hardware will only arrive at the end of the week. However you should expect a 3% ROI/week from now on and if anything goes wrong in a week we guarantee the lowest dividend you will receive is 1-2%/week.
BurstOcean (6896197830923766736) Total found assets: 1000000, Assets to be distributed: 22023 Summary of proposed distribution of 22000BURST to 19 Based on asset holders at timestamp 70827561 (Mon, 22 Feb 2016 06:19:21 GMT) ---------------------- Number of assets, Account, Payout amount 10000, BURST-ACGB-YGHQ-G9ZL-5XD7U, 9989.55637288 5000, BURST-CMZW-KFUE-4AQG-8HAQV, 4994.77818644 2035, BURST-G8DL-CEHW-RZ5S-2SJU8, 2032.87472188 1500, BURST-5XZ3-8NZD-GDTD-FPN6J, 1498.43345593 1000, BURST-PT54-8A45-ZX2L-5426V, 998.95563729 1000, BURST-X7JB-G8M6-YKKC-CEG2M, 998.95563729 645, BURST-BRUQ-MY7L-UTL3-FH3AX, 644.32638605 500, BURST-NPGZ-XVEM-REHN-7KALY, 499.47781864 100, BURST-RFQ6-4Z6V-EUFH-7DX5U, 99.89556373 85, BURST-E8CZ-MUKD-QKZT-2S8XR, 84.91122917 54, BURST-HE6X-AA5F-63N2-9GQBN, 53.94360441 25, BURST-7437-SYAP-TDB2-5DNJ9, 24.97389093 20, BURST-RV35-TKL7-WRSQ-DVWJ7, 19.97911275 20, BURST-9JWJ-8CHK-652U-9J2FL, 19.97911275 19, BURST-6P8L-XG7Q-RNWU-DY49P, 18.98015711 15, BURST-2AN6-WE2Q-SELX-B4KFL, 14.98433456 2, BURST-NAD7-SNDK-ERGA-BG262, 1.99791127 2, BURST-2X2W-R2T5-ULL7-5VVP7, 1.99791127 1, BURST-ZLCB-XXPQ-4Z8T-E7N95, 0.99895564The next dividend payout is scheduled on 14th November.
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@chrispop Awesome, just got it.
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@chrispop Thanks for the bonus ! But 5-6% ROI/week, are you serious ? How are you going to do that ? The best mining assets over here pay around 3-5% ROI/month, which is already great.
Also, as an asset issuer you should consider doing an identity verification : https://forums.burst-team.us/topic/2362/identity-verification3Want to know the real value of your Burst wallet ? Visit www.burstfolio.com !
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@Gadrah_ As I explained in the OP 50% of the profits made from BURST Mining and BURST Asset Holding will go into dividends fund. I bought 20TB of mining power that accordingly to the burstcoin mining calculator will yield around 12266 BURST/week and from that amount half will be distributed to shareholders. Oops. I have miscalculated(please excuse me as I made the math very late in the night) SO.. shareholders will receive around ~3% per week(6100 burst is around 3% of the total burst invested in shares so far). Take into account that 50% of profits will be reinvested so the dividends will grow week by week.
Now regarding the identity verification: I don't think it is neccessary at least at the moment as all the BurstOcean asset miners will be hosted by crowetic who is a very trusted member. I don't like somebody else holding my ID even if he is a trusted member. At least for the moment I prefer to remain anonymous but as the asset grows I will probably reveal my identity. Again I'm sorry for the miscalculation so the dividends will be around 3% ROI in the next weeks. I think that's a pretty good return too.
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@chrispop said in [ANN] BurstOcean - Fresh Asset Entering The Market:
Oops. I have miscalculated(please excuse me as I made the math very late in the night) SO.. shareholders will receive around ~3% per week(6100 burst is around 3% of the total burst invested in shares so far). Take into account that 50% of profits will be reinvested so the dividends will grow week by week.Well done for getting to this point, look forward to seeing the miner in action, with a growing TB.
Remember that you need to grow the mining capacity by 5% /Month to offset the reduction in the coins / Block, also you need to allow for network growth which will also reduce your mining returns. I would budget at least another 5%, so you need 10% growth / Month in mining capacity just to stand still.
Network growth of course could be more or less, however the biggest unknown in the return equation is the Burst - BTC- Dollar exchange rate? :-)
Rich
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@RichBC Yeah,there are a lot of factors to take into account when making the accountability,but I'm pretty sure that I will be able to support the dividend rate. As I stated the minimum dividend will be 1%/weekly but I am confident I will be able to maintain the dividend rate at 3-4%/week.
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@chrispop Thank you for your answer, if you live up to that promise your asset will have a great future :) And imo you should really consider doing that ID check in the near future, but it's up to you to decide.
And @RichBC thank you for your insight as always !
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November 8th Progress UPDATE
ASSETS SOLD: 21004
TOTAL ASSETS SOLD: 42988(43% of the initial release)
ASSET SALE ALLOCATION:- 157530 BURST to Burst Mining
- 52510 BURST to Burst Assets Holding
We had a boost in sales after yesterday's dividend payout. That means more people put their trust in BurstOcean and I am here to tell all of you that I really appreciate all the support you are showing for this asset and I will do my best to make BurstOcean a thriving asset!
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November 9th Progress UPDATE
ASSETS SOLD: 4142
TOTAL ASSETS SOLD: 47130(47% of the initial release)
ASSET SALE ALLOCATION:- 31065 BURST to Burst Mining
- 10355 BURST to Burst Assets Holding
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I believe the drives may have arrived today, I got another package, just haven't opened it yet.
As promised, as soon as the drives do arrive, I'll begin plotting.
@chrispop - if you'd like me to be in control of the mining account, I can create that account. If you'd like to be in control of the account, create an account, and send me the numeric ID so I'll have the info necessary to plot the space once arrived.
Thanks!
1http://www.crowetic.com - Crowetic Computers, LLC. Owner.
http://web.burst-team.us - NEW BURST website
http://burstcoin.online - BSILVER asset info
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@crowetic Glad to hear that and I would like to be in control of the mining account. I'm sending you the numeric ID on discord. Let's get the income pouring in! I'm going to purchase more TB mining power soon as the assets are selling at a good rate. As soon as we reach 100TB in burst mining power backing the asset I will reveal the new stream of income.
REMINDER: Dividend day is on 14th November!
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November 10th Progress UPDATE
ASSETS SOLD: 9000
TOTAL ASSETS SOLD: 56130(56% of the initial release)
ASSET SALE ALLOCATION:- 67500 BURST to Burst Mining
- 22500 BURST to Burst Assets Holding
As today we passed the 50,000 sold assets milestone I want to congratulate and thanks all BurstOcean's shareholders for making the step to prosperity and abundance!
