How does your asset work? As for the silver concept, the description seems to be somewhat vague, are we talking about game credits or something?
As for the HZ price, well. Look at those hefty volumes in Poloniex. I think being listed there is na advantage for this coin, as a lot of money has been flowing through that exchange for some time now (it has experienced a massive surge, i must say).
Also HZ is being contantly updated, which is an up for me. I haven't logged in for months and now i see i have to download another wallet which is kept pair to pair with the latest NXT developments.
I meant to keep the description vague in hope that i'd be able to attract more people to the HZ slack channel . There's just too few of us there unfortunately
So here goes the description:
There is a history and a concept behind SILVER that i think will attract some of you.
Formerly known as MAFIA, SILVER is the newer version of my old asset. I emigrated from NXT because I don't really see eye to eye with what is about to happen with the new update, as well as losing faith in the community because of all the scam assets that roam it. (sorry NXTers who are reading this...it's just how i feel)
SILVER is a bond-type asset that pays out a daily dividend, of a guaranteed minimum 0.0001 HZ per share. Keep in mind that a share's price is 0.1 HZ, so that's 0.1% per day guaranteed return. Some days it can bring more, but it will never be less. I told myself that the day we pay out less, will be the last day of SILVER and it's time to liquidate the fund. I hope never to get there
We just recently re-branded, but if you would like to see our past performance from our old asset, look into acc NHZ-NP96-X2RG-SSR4-G633U , the former MAFIA issuer account, and you can check out the dividends history. Keep in mind MAFIA was paying out on an irregular basis, but the monthly average was 3 - 3,5% . With SILVER we decided to go daily instead.
Our earnings come from options trading on the FOREX markets, and for the ones with experience to such things, we trade 1 and 5 minute candles. I don't use increments for recovery such as Martingale and other casino-type betting systems. I don't bet. I trade, and never risk more than 0.1% of the account value on a single trade.
The asset capital is already well over 25 million HZ and growing each day.
If you want to keep up with the payouts, you can check the following link: https://docs.google.com/spreadsheets/d/1hiNWmUE7oOcymSfnaSvInyU_09ebmzbXaQt-fifunkk/edit?usp=sharing
In case you have any other questions regarding the asset, feel free to ask, or PM me.
And now for the twist in my asset. It can also be earned by playing a game. The game is NXTMAFIA.COM . It's an old school text based mafia game, and i'm sure most of you have played one of these games at one point in your lives.
What happens in nxtmafia is, you play, you earn cash, and you get to exchange that cash with one of our admins for SILVER shares. So what i'm trying to say is, that we managed to integrate a new style of real cash economy gaming into the world, one where you don't get paid in a specific coin, but rather an asset. It's an attempt to teach people about basic investing and compounding principles, as well as familiarize non-crypto users with Horizon and other coins.
We have a few basic tutorials on the website/game called ''crypto for dummies'' , and so far we managed to bring in a handful of people into the HZ ecosystem. We hope that in time, as the game develops, and more players will come to the game, more will learn about HZ and its asset exchange.
My goal is that at one point, SILVER will become a gaming asset that will be used by players of other games as well (not only nxtmafia), and that it becomes a gaming token that pays a dividend for the holder. Of course, for those that have no interest in gaming, it stays a simple bond-type asset that brings in decent earnings on a daily basis. Either way you chose to go, or if you want to combine the two, SILVER is a pure money earner and we hope a unique concept.
So there you have it. This is my baby, and i'm watching it grow each day, and I'd like all of you to be a part of that.
Oh, and join us on slack : https://slack.horizonplatform.io/