[ANN] CDXAlpha Asset Launch



  • Hey @nameless. I think there could be more than one of these in the future as I'd ultimately like to share way more than 10% with the community. But using this first one to get a gauge on things and see how to adjust the prices for a larger one.

    Also, the first asset that this asset will receive a payout from will be live tomorrow :)



  • @jakev for some strange reason i feel like touching myself. But i think we all know why



  • This is the Ultimate Burst Asset. Everybody should pick up as many of these as they can!



  • I've bought some to test it :D


  • admin

    @adsactly I picked up a few .......



  • I will give this Asset a try... I will buy a few share this time around... :-)



  • We picked up 160K and will grab more later



  • Looks interesting :) I'll read over more when I fully wake up haha :D



  • Thanks all of those who have picked up some Alpha tokens so far. The first asset that will pay out to Alpha holders will be short term and released tomorrow as a POC :)



  • Bought a fair amount, looking forward to what you will come up with soon



  • To all Alpha holders, the first thing this token will pay out for is live :)

    Welcome to the CDX BURST Predictions Market!



  • Quick question, what exactly will the burst/assets for <this> asset be doing?

    I mean, future assets created by CDX, like for example the binary one, of the burst that will go into that one, you'll take 10% of the profit and distribute those as dividends for for asset holders in <this> one right?

    So if 1 side totals 1million, the other side totals 1million, you'll take 100k from the losing side, and distribute 10k of that to asset holders on <this> one right?

    If that's the case, then assets from this "Master" asset should be available for buyback at any time since it's not being used for anything, because funds from this asset are totally different from future assets right?



  • Hey @kohai great questions. See answers in bold below:

    @kohai said in [ANN] CDXAlpha Asset Launch:

    Quick question, what exactly will the burst/assets for <this> asset be doing?

    I think the answer to last question will answer this

    I mean, future assets created by CDX, like for example the binary one, of the burst that will go into that one, you'll take 10% of the profit and distribute those as dividends for for asset holders in <this> one right?

    Correct

    So if 1 side totals 1million, the other side totals 1million, you'll take 100k from the losing side, and distribute 10k of that to asset holders on <this> one right?

    Would take 200K (100K from each side) and distribute 20K to the Alpha asset holders because it is charged at the buy in to cover expenses and time spent managing/creating landing page etc. Both winners and losers pay fees.

    If that's the case, then assets from this "Master" asset should be available for buyback at any time since it's not being used for anything, because funds from this asset are totally different from future assets right?

    If you can find any asset where investors take on zero risk, receive dividends regularly, and can redeem their tokens at any time with no potential for loss, SIGN ME UP!!! I would think of this more like an "Human Based ICO". I am offering 10% of my future profits at a certain price, and you are making a bet that my future profits will pay out more than what I am charging for that 10%. My time and energy is what is being used and I am taking an upfront payment on that. Any buyback that I offer here is more like charity than anything else.

    Let me know if you'd like any further clarification. Cheers!



  • What does the first asset has to do with pools? Or it's only a spelling error?
    Because if I read correctly on your site, you say that this asset only pays 10% for future POOLS profits that you have created, not assets :P

    But then you say that the first asset that will give a share to this asset is out.

    0_1478962416024_CDXBurstAlpha.png



  • @Zeus I think he means assets not pools... And by tokens i think he means shares xP



  • @zeus and @gpedro thank you for the corrections here. I have been playing with a lot of concepts and I just totally confused a couple of ideas into one.

    Should say "All future assets". Pools will be another type of asset coming soon :)

    @gpedro said in [ANN] CDXAlpha Asset Launch:

    @Zeus I think he means assets not pools... And by tokens i think he means shares xP

    I don't like to think of them as shares. Shares imply equity ownership. These are tokens that are backed by a portion of revenue.



  • @jakev, any updates on the future of this Asset? Seems you had a pretty rough start with the first venture, can you give some insight on how things move forward from here?



  • @AndrewDD said in [ANN] CDXAlpha Asset Launch:

    @jakev, any updates on the future of this Asset? Seems you had a pretty rough start with the first venture, can you give some insight on how things move forward from here?

    Hey Andrew. I would disagree with the rough start comment. I think that it has been a great first test and a lot of lessons have already been learned. If you know how to master things on the first attempt, I would love to learn from you :)

    The next prediction market will be structured in alignment with the changes necessary to avoid any pitfalls from the first, and will be listed shortly after the initial one is closed out (Nov 30) and the first dividends have been sent to holders of the Alpha asset (Dec 1).

    There will be another type of asset that this one will earn from coming Mid-December as well.



  • Dividend distributed for month of November. Just a little one this time as there was only one market. But so stoked to see how well this feature works :)

    Amount paid, Account, TX
    6244, BURST-X9QF-LYBM-JYXN-82MMN, 14205486773810690899
    1246.8, BURST-ACGB-YGHQ-G9ZL-5XD7U, 11610215365516133643
    521.1, BURST-KKZA-XK7H-8YZ5-BKR87, 18101592464803789301
    936.4, BURST-GREY-K8RH-2FD2-5WL3T, 14428918262392431070
    150, BURST-WU9F-RT7A-FJB2-CDVJL, 489628365934269432
    200, BURST-6UVY-U3JU-SYH6-AWRZ3, 5951378263361302454
    208.5, BURST-GGPX-PP5S-LAGP-CBGCU, 16570784477519483684
    267.2, BURST-7KP4-JFNX-84J3-DSYK9, 14084068325970358127
    0.1, BURST-E8CZ-MUKD-QKZT-2S8XR, 3176948647724405427
    0.5, BURST-5JLZ-NRK8-NNDN-53VRV, 10890849369665112665
    1.2, BURST-WT7J-2LPQ-ALRU-CGLUH, 6947632544924187896
    1.4, BURST-SKAL-5HDP-U7B5-G926K, 14893101971578750207
    1.9, BURST-BRUQ-MY7L-UTL3-FH3AX, 5669675971035071597
    2, BURST-Q5ZC-QHNY-D34K-GM5TY, 10194215384369641049
    6, BURST-LU3K-L8T7-3C66-63W5K, 18303109790158543238
    10, BURST-X7JB-G8M6-YKKC-CEG2M, 6279962302134873541
    10, BURST-XU9F-WZMD-PUZ2-DCGQW, 15208713640195853222
    10.1, BURST-HE6X-AA5F-63N2-9GQBN, 16558621554685224189
    32.8, BURST-MKWC-BBMJ-G83Z-7L9YX, 11086520399573040142
    50, BURST-YL9U-AG9R-G4CP-2ALUF, 13939935481989406789
    100, BURST-9RTS-NBCW-CVPF-5V64L, 15620664492432375296
    ------------All transactions processed------------

    More markets and new assets coming soon!
    Thank you holders of the Alpha asset



  • @jakev thanks for your response and information. As I had written, from the results as well what I was reading for feedback about the results of your first prediction market asset it appeared that it did not go as smoothly as planned (hence the phrase "rough start"). In regard to your comment though, I am honestly a little concerned about how cavalier you treated my question as a whole : No, I am certainly not claiming to know how to master things on the first go, then again I am not the one advertising myself as a crypto-expert with active involvement in the industry since 2011 and asking for funding for an asset. Main concern here was that you appeared to have gone silent after your last comment and my question (a space of 11 days) which in this "investment world" can create questionable impressions. I am glad you are "learning" and moving forward with your ideas and look forward to further updates!

    Take care and Best Regards, -Andrew


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