Topic: [CrowdFund] OMEGA STOX (CounterParty stock asset, closely related to BTC) - page 2. (Read 2187 times)

Even in the event you don't scam, this is a terrible investment. That is not a business plan, that's an image with a few lines going in different directions, you might want to spellcheck as well. This couldn't possibly be profitable for anyone investing BTC into it. Here's why (input whatever BTC # you want):
Investor 1 (1 BTC for 10%)
You give out 20% for free
You own 15% (for free)
Investor 2 (2 BTC for 20%)

So you raised 3 BTC total. You claim you will generate income from cloud mining, except that cloudmining is incredibly risky (PBMining, Hashie.co etc), as well as its not that profitable. Say you beat the odds and make 10% profit off of your cloudmining contracts, your investors still lose out, because while they funded 100% of the venture they only receive 30% of the payout (so cloudmining generates 3.3 BTC, the actual investors only receive 0.99 BTC). You also claim BTC Banks, please show me a BTC Bank, I have never heard of one, other than Coinlenders which was a scam. Loans that give interest... Interesting, so BTCJam, where the default rate is extremely high, and would be lucky to net a 10% gain over the year? Again, investors lose out. In order for investors to even ROI, you would need to generate over 300% returns.

Casino shares, which site are you talking about? CasinoBitco.in hasn't been profitable in months, the only other casino I can think of is Just-Dice, which anyone here can easily invest in on their own. Ad Revenue is a joke, look at the rates people pay (adbit.co) for faucets.


There is a huge difference between BTC faucets and giving out shares via faucets. A BTC faucet gives out coins by hosting advertisements, as well as accepting donations (in most cases), which generates the faucet owner a profit. When your giving out shares for free, all it does is dilute investors.

Also, thanks for sending me an awesome PM:


If you could post some successful trades you have made over the past 5 years, it could add some credibility. Im a little confused on "wanting to run a bitcoin stock business". Also, it doesn't seem like your very serious about this if your "friend" has yet to introduce himself, your using a throwaway account, and you refuse to share anything about your identity.

You totally misuderstand me or you have no economic knowledge. First of all, dividents will be paid out from the issuer (me) until i reach a 15% level, after that trading and new capital that flushes in will hold it's value.

As people see the huge increase in demand they will buy it, but i wont let it go into a bubble phase because i will sell my shares to control the price.

Why would anybody invest in it if its given out for free? well because faucets would give out tiny amounts 50-100 or less, while with cash investors could buy more of it. Just like with bitcoin why would anyone give out this from faucets if you can buy it from exchanges ? You see my point.

Yes later on it could be integrated into faucets, so that ad revenue could be also paid or earned in my shares. It could take the role of a currency too.

 If X advertised wants to advertise his website on a faucet he can pay 200 shares to the faucet owner, and then he can give out 180 shares, and keep 20 for himself. It would be a complete money-flow cycle in the crypto economy and no share would be valueless.

Also if the price will rise, controlled (which it will) faucet owners, casinos and other online crypto websites could use it too, making it just like a currency but it will be a share basically.

I told you that i will invest my earnings from the phase III. sellout into faucet websites that are willing to do business with me, that will more than enough cover the divident costs.

You see it's all plannned carefully and well-thought, acusing me of being a scammer is just empty words, when i clearly explain here the entire business model.

PS: I`ve updated the model, so please check the picture in post 1, you will understand it better, sorry for previous picture I left out the most important fact which is, how would the stock gain value, now you know, it would gain from investments into: casino shares,faucets, loans, etc.

How will you increase dividends, paying investors back with the funds they invested? Thats a ponzi scheme, and not good monetary policy. I also don't see how this would hold any value. "Share would gain it's value by making faucets give away shares for captcha", this makes no sense, this lowers the value of the shares, and doesn't give you any revenue. "Basically think of this share as the S&P 500 of the crypto currencies, it would have a little bit of value in all major currencies and good investment currencies" So this is supposed to be an asset that holds crypto-currencies... How are you going to purchase those crypto-currencies? No one will invest in this, your giving out 40% of the shares for free via faucets. Why would I want to invest in something your giving away for free? Your hiding your identity, and your posts make it appear that you don't know what your doing. Obvious scam, at best this is just incompetence.

I see... well your stages make more sense now, but I think you need to start it on your own to prove it out first.  Also, MLM has a very negative response to it, you might think about removing that. The securities sub-forum is littered with these kinds of plans. My suggestion would be to offer something that's backed by something. Like I said, reconsider your own anonymity and start small on your own to prove out your concept. Good luck with your project though.

Not just me but everyone who invests would be anonymous, it would be a totally anonymous investment option.

Besides nobody said that you have to invest 1000 BTC in it, if everyone would just invest 10k satoshi into it, then we would get it running really fast. You can get 10k satoshi in 1 hours work so you dont risk really much. You can invest any amount you can tolerate to risk, its your decision guys.

Dont confuse it with preferred stocks, that is a different technical instrument. No it's all common stock, in the sense that all dividents are equal. What I mean there is that 0.1 gets 20k shares, that means that those guys get in total about 1 million shares, the rest will be distributed amonst faucet users, and/or can be bought at a lower than market price.

I will distribute them this way until I reach a 50 % ownership ratio, then i`ll sell the rest at a below market price or market price, until I reach about 15% with my friend.
Of course i wont push out all of it at once, it will be a gradual and rhytmic sale, to not distort the price. Because the maximum pool will be 10 million, yet at the beginning I will hold about 95% of it, so i have to sell it and distribute it slowly until I reach about 15%.

Also this mechanism will also prevent the stock to become a bubble,because if the price rises too fast and creates a bubble due to excess demand, i will quickly liquidate more shares from my pool and this will slow down the increase in price so that the supply could meet the demand.

It would be just like if I were the central bank of it, its just that i`ll manage it better than most CB do. This "monetary policy" as you call it, would ensure that the stock price is always stable and growing.

If the demand would fall , then i will increase the dividents.

I think its a very good monetary policy

Nice project I also search asset like this. I've already invest on xbtc asset, maybe you can follow their work with xbtc asset.

I agree with cloverme.

Your project needs a little more work to get investors at this point in my opinion.  My suggestion would be for you to invest in your fund first, place a certain amount of the fund with BTC into an escrow or place a commodity (gold/silver) into an escrow, then seek crowd-funding.

Offer buyers a way out for your fund, like a buy-back that's secured with BTC in either an escrow or multisig. You might want to sign up over at BTCjam so your identity can be verified. On your crowdfunding page, you want to be anonymous, which you will find to be a liability to your effort to raise investors, that's a large red flag. Is Jamie Dimon (CEO of JPMorgan Chase) anonymous?

Right now, you have no assets and you would be raising 1BTC a liability, so essentially you are offering a negative stockholder equity. You also state that you are "still working out the technical sides of it", get that part worked out now and start raising income for your fund.

You're also offering preferred stock (your crowdfunding) at the same time you're offering common shares (10 million shares) which is confusing. If .1 gets you 20k shares, then 200,000 shares is the maximum pool of preferred stock? You also say that no more than 50% will be owned by donators, this too adds confusion, because the math isn't working out on what you've stated, so you've left something out in your disclosure.  

Overall, your fund needs a lot more work, it's all fixable though, but requires more work on your part to secure investors.

Hello me and my friend had an idea to create a new type of asset in the counterparty platform, that would be denominated, or atleast much of it's value be stored in BITCOIN.


It would be a special kind of share/stock, and it would be named OMEGA STOX or OMEGA SHARES, depending on some more research to not violate any copyright.

It would be a special kind of share that would gain most of it's value from faucets , giveaway for work (more on this later) and other types of "wealth accumulation" tehniques.So basically it would NOT be a pump & dump share.

Here are my initial views:

• 100,000,000 million total share number, no inflation and not issuing more shares ever
• Share would gain it's value by making faucets give away shares for captcha (i`m looking for faucet owners who would set up an API between their site and the respective exchanges where it would be listed, they would each get 25,000-50,000 shares and would help distribute it amongs people
• It would be listed on major CounterParty asset exchanges just like Swarm and others
• Most of it's value will be held in Bitcoins because Bitcoin is the most reliable crypto currency so i find it stable to hold most of its value in this
• Investors/Donators would get initial shares, but I`ll make sure that it would be distributed proportionally, so that nobody would own too much of It. Me and my friend though that we would hold not more than 15 % in total, and the rest of it will be distributed in small increments to other people
• Until we distribute 85% of the shares to people we thought that we will set up our own faucet, where a little bit of work will be required to get some shares. It would be free, yet it would take a little bit of work, so that it should not be a free giveaway, and we thought that LATIUM signups would be perfect for this, so this way some of it's value would be  held in LATIUM aswell
• Basically think of this share as the S&P 500 of the crypto currencies, it would have a little bit of value in all major currencies and good investment currencies
• Investments will be done into casino shares (not gambling),faucets, loans, btc banks and mining companies

Here is an illustration how it would look like:

http://i61.tinypic.com/33cvlmv.png

RISKS:

The loss of initial investment, if the shares plummet.

I`m not a scammer but I can't guarantee that the market's would accept my share and that people would buy it, but i`ll do my best to advertise it and make it more "bullish" as it is possible.


FAQ:

    Q:Can you trust me?
    A: I hope you can, if you don't then please don't invest huge amounts, only that you can afford to lose

    Q: Will I pump and dump?
    A: No, I`ll hold my shares, and get my income from the dividents, which also the other shareholders will get too. I have no interest in pump&dump-ing because I would like this to be a long term investment. Also i`ll invest my own money here aswell, but first I would like to stabilize it.

    Q: What is the guartantee that others won't pump&dump?
    A: Nothing, but i`ll select the most trusted people I know and amongst you the donators (hopefully you wont betray your own investment) to be permaholders. Yes we will hold the majority of the shares, but we will never sell them, thats the point to find people that can be trusted to hold the risk

    Q: Is it fair to the other people, that only a limited people will hold the majority of shares?
    A: No, but it's irrelevant, as we will hold the most risk too, not just the reward, so if the shares plummet, we lose the most, if they raise, we win the most. It's risk analysis, and of course we will hold strongly to our shares, and wont panic and sell it if it drops 1 basis points, that would be irresponsible

Here you can donate to this project: http://coinfunder.com/project/omegashares-counterparty-asset
Donate BTC Directly to:  1PvxUt7qS4Kce8KZRC331o8DPXaBKcFjne

Proof that the address you are donating to is actually a counterparty address that will issue the stocks!

http://i58.tinypic.com/2rf7sw9.png

Of course any suggestions, critics, or tips are welcome. If you want to suggest some modification or implementation, we will consider your suggestion and would listen to it.