Interview at Cryptocoinsnews: https://www.cryptocoinsnews.com/woodshares-crowdsale-saving-worlds-timberlands/
Nice interview, why a token and not your own coin?, where you could show development and integrate features link to the woodshares project, like a proof of existence.
We didn't want to create a new coin because.
1. We wanted to use the Bitcoin Blockchain because we belive in Bitcoin as a protocol and counterparty as a top layer on Bitcoins Blockchain
2. We needed an easy distribution way of dividends, hence counterparty was the ideal option due that it incorporates this functionality on its Counterwallet.
3. Forestry projects are a long term investment with good economic benefits, but we have to be careful with the costs and expenses in order to maintain a good rentability. So, Counterparty was the more secure, less expensive and more reliable option.
10.000.000 WOODSHARES at $0.007 per Hectare (70.000 USD) - I'm no Timber expert but how will this ever become profitable? What is the average revenue on 1 Ha of Land if chopped now with 20+ Year old trees on it?
The expected profit for an Hectare in 10~11 years is $211.145 USD. Also, the historical average increase on the price of the wood is about 11% annual, meaning that each day the physical asset is growing in value.
Please check this document for a better insight https://docs.google.com/spreadsheets/d/1i1-DkWfXx0P-lEbMFzyjDo0ItscZv36Rd3ZH6OfUXl8/edit#gid=1510925716
