Again, congrats. on today's big move towards adaption. I believe that we need to pickup marketing after a period of debugging.
In order to pickup marketing and in order for all of us to "spread the word", and attract XCP investment as well as CP platform usage I believe that we need to have the best clarity, on details beyond the obvious value that a decentralized platform provides.
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Thus, Back to "business model"questions:
I read the LTB coin plan with great interest and I can indeed see a great potential in what they are trying to do there.
I will use this as an example to ask several questions to our devs, Matt or any other visionaries here that would like to answer:
Since LTB coin (and any other such future asset) will be built off the CP platform and is an asset:
1) there will be 510M coins and promotions etc etc. how many actual assets will be issued that will require 0.5xcps? (one time and done? every promotion?)
2) I can see that the LTB vision, as well as the B TangibleAssets vision, as well as all other assets in the future, can create great value to their shareholders. However,
a) what drives XCP's value in real economic terms? what drives CP's value?
b) can we actually have LTB's with a market cap of say 50M and CP with 10M? I believe that it is possible. so how will we generate value to our XCPs when we dont have shares in CP (XCPs ARE our shares).
3) Will all transaction fees incurred from various activities around CP actually go to BTC miners? or are there DEX fees that will stay within the CP eco-system (hence realizing that it is a vertical system within the BTC ecosystem as we tried to display to the BTC devs)
Thanks for thoughtful orderly answers.
not belonging to the xcp team - I think that are very useful questions.
I try to answer question 2 - please correct me if I am wrong
2a) I think this question was also relevant regarding mastercoin. Whereas everyone can see the value of the protocol (mastercoin, counterparty) it is hard to understand the value of the underlying currencies (msc, xcp). As fas as I know xcps value now is mostly derived from speculation, paying dividens and being simply the native currency of the counterparty protocol. In the future this will probably change because xcp will be useful for specific cases. It will be used for betting and derivatives, because some functions of xcp are different to the functions of btc, enabling these specific types of transactions. I talked to xnova yesterday in the chat and he told me that they will implement betting function in the counterparty wallet within the next month. Furthermore there is a huge interest in implementing a kind of a prediction market, enabling more complex financial transaction. I highly ecpect that XCPs will be used for these more complex transactions. Please correct me if I am wrong.
2b) I also see no reason for that not being possible, this probably changes if the metacurrencies would be backed by xcps. A second more likely case is that the demand for the expected specific functions of xcp will be higher than the function or profitability of these specific assets
