@harrygon I tried again with mozilla. it does some calculations but in the results area there is nothing there. The fee went up to 20 which means it decided there were 20 different distributions but i cant see any details.
last payout completed ! Aset is formally closed please stop buying and selling. Bonus is that you can keep the asset as collectible . if there is anyone who did not get the payback please feel free to contact me. i will check it out. feel free to comment aand have a nice day!
The better way to do this, would be to purchase the mining power FIRST, THEN launch the asset while being able to prove the mining power...
Also, the total amount of assets is ridiculous... it just can't work...
The being the first post thing... also not a very good way to start... you do understand that it makes you look REALLY scammy, right?
(it doesn't matter if the cloud mining company is legit or not, right now... almost EVERY cloud mining company has turned scam... I simply don't trust them)
It makes more sense to me, to build an asset based on Physical miners that you own, that way you can guarantee them...
If you don't have physical access to the miners, and don't REALLY own them... how can you GUARANTEE them? You can't... IMO.
There's nothing you can say with 100% certainty, if you don't own the miners... What happens if mining becomes completely unprofitable and the cloud mining company goes under? What happens if there's some 'hack' and they lose a lot and stop paying? There are WAY too many risks here to count...
If you build some physical miners, and start an asset with a reasonable amount, and build up from there, you'll get a much nicer response from the community...
@JotaJota said in new to asset:
I have more than 10 at my portfolio.
A healthy and diverse portfolio should be your goal @jacobus1980. I also look to see which ones are active on the forum and who is the most helpful.
OK, to all investors, I have decided to put this Asset on the backburner for the time being. No need to have a competing asset to burstMC
Almost all shares have been bought back, these are the outstanding ones so please contact me to be refunded or transfered the equivalent in burstMC:
Luke Jamieson 1
@socalguy Yes you get it right?!?!?! Thanks for explaining in a much more easy and apelative way xP
When i asked you to put your feedback in here i was thinking you were just answer my questions as you answer me by PM hahaha
I'll PM you right now kind sir xDD
I think your consensus based approach would be best. Also listing any trust related stats (member since, posts, reputation etc...) of the asset issuer would go a long way to help weed out the scammers. Its a complex issue to be sure, you could also confer with a white hat that you trust to see if they can find any issues in whatever solution you decide on.
Actually, I may start it with a lot more shares this time. Instead of 1 million, maybe 5 or 10 million. The 100k per month would still be added when the initial shares would sell out, to help keep share price(s) low and affordable for everyone.
@Alongzz The wallet software, or the blockchain itself? Wallet should be fast - blockchain can take 6-8 hours if doing from scratch. You can get a headstart by downloading db.burst-team.us and extracting it into your burst_db directory.
There's another idea I'm working on...
Totally Automated Asset - or TAA - will be based on Smart Contracts on BURST, and will be capable of running your asset payouts, in a fully automated fashion!
The only thing, is that if your asset relies upon mining, those operations would still need to be managed, which is always good to have a partner for these things and this reason.
I've got multiple people who work with me both in the fore and background, if anything were to happen to me, one of them would take over the asset distribution and mining management.
Of course, I don't want to think of these types of things, but it is always good to have a failsafe backup plan, as I recently found I should have done with my phone... which was destroyed, and thus locked me out of my polo and coinbase accounts... very unfortunately...
I'm in the process of getting them back, but yea... that one hurt a bit.
Anyway, I'll give more info soon on my TAA idea. Thanks!