MUE would not exist without Quark, so this is NOT an anti-Quark post.
I am trying to gauge potential interest in a Quark > MUE exchange program.
Essentially, interested users would send their Quark in exchange for MUE.
We would give you an above market price for your Quark, and by above market, I mean significantly above market.
Quark is currently at about 600 sats, I was thinking an initial promo of about 2400 sats i.e 4 x current value.
This would be a promotional "first come first served" period for a fixed amount. Subsequent offers would be tiered downwards, whilst still providing fantastic value for money.
There are plenty more details should there be any interest.
To find out more about MUE please visit our ANN thread
https://bitcointalksearch.org/topic/ann-monetaryunit-mue-pos-masternodes-funding-governance-services-devs-778322
or website
www.MonetaryUnit.org
Thanks!
1) People see they can redeem Quark for more than it is worth in MUE. New people start buying Quark, increasing the Quark price.
2) The Quark we receive from the MUE exchange can partially be used to sell into these new buys for Quark, helping to increase the price of MUE by using the BTC revenue from the Quark sells to put into buying MUE.
3) New people see MUE price increasing along with the existing development & infrastructure and start buying MUE, further increasing the MUE price, benefiting the Quark holders that converted to MUE.
I'm not suggesting this is a perpetual motion machine, however I do think there is potential benefit for both communities.