Nefario (OP)
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September 17, 2012, 11:37:52 PM Last edit: September 18, 2012, 12:04:45 AM by Nefario |
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The current application fee to list an asset on GLBSE is 8BTC.
From this Friday the fee structure will be different.
We are reducing the application fee to 5BTC, and increasing the listing fee to 7BTC.
When creating a new asset 12BTC will be charged, if the application is not accepted 7BTC will be returned but the application fee will not.
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PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
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PPoweredP
Newbie
Offline
Activity: 40
Merit: 0
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September 17, 2012, 11:42:35 PM |
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Is there a set of guidelines or requirements for having your application approved?
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lenny_
Legendary
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Activity: 1036
Merit: 1000
DARKNETMARKETS.COM
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September 17, 2012, 11:43:09 PM |
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Can we have reasons explained?
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LoweryCBS
Sr. Member
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Activity: 364
Merit: 250
firstbits 1LoCBS
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September 17, 2012, 11:48:00 PM |
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Can we have reasons explained?
I think this will answer your question: ...I'm going to issuing shares on the GLBSE...
Read that whole thread: It's golden!
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Nefario (OP)
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September 18, 2012, 12:02:48 AM |
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We need to have some guide lines published, what I had in mind was putting into catagories on how likely your asset is to be approved.
Wont be approved: drugs, weapons, prostitution related idea
Not likely: "Investment program" where the actual investment method is not being revealed, or something that is the same or very similar to well known scams.
Investment ideas where the business doesn't exist yet, and the issuer doesn't want to be verified.
Likely: Well detailed business plan and contract Fully verified Existing revenue generating activity
These would be guidelines and the final decision would rest with us.
Opinions on the above is very much welcome.
We're making these changes because a lot of people have tried to create assets that we just can't approve, and most of the time it's just from terribly written contracts or schemes that don't really map onto a stock exchange.
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PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
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greyhawk
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September 18, 2012, 12:05:40 AM |
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Can we have reasons explained?
I think this will answer your question: ...I'm going to issuing shares on the GLBSE...
Read that whole thread: It's golden! Do you have a link? I can't find that or I'm blind. Both are viable options.
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Nefario (OP)
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September 18, 2012, 12:07:17 AM |
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Can we have reasons explained?
I think this will answer your question: ...I'm going to issuing shares on the GLBSE...
Read that whole thread: It's golden! Do you have a link? I can't find that or I'm blind. Both are viable options. Here
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PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
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greyhawk
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September 18, 2012, 12:10:56 AM |
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Thanks. EDIT: Hahaha, oh boy.
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Bitcoin Oz
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September 18, 2012, 12:12:12 AM |
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We need to have some guide lines published, what I had in mind was putting into catagories on how likely your asset is to be approved.
Wont be approved: drugs, weapons, prostitution related idea
Not likely: "Investment program" where the actual investment method is not being revealed, or something that is the same or very similar to well known scams.
Investment ideas where the business doesn't exist yet, and the issuer doesn't want to be verified.
Likely: Well detailed business plan and contract Fully verified Existing revenue generating activity
These would be guidelines and the final decision would rest with us.
Opinions on the above is very much welcome.
We're making these changes because a lot of people have tried to create assets that we just can't approve, and most of the time it's just from terribly written contracts or schemes that don't really map onto a stock exchange.
Hey, brothels are legal businesses in Australia and have great cashflow (way better than mining)
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Nefario (OP)
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September 18, 2012, 12:13:56 AM |
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We need to have some guide lines published, what I had in mind was putting into catagories on how likely your asset is to be approved.
Wont be approved: drugs, weapons, prostitution related idea
Not likely: "Investment program" where the actual investment method is not being revealed, or something that is the same or very similar to well known scams.
Investment ideas where the business doesn't exist yet, and the issuer doesn't want to be verified.
Likely: Well detailed business plan and contract Fully verified Existing revenue generating activity
These would be guidelines and the final decision would rest with us.
Opinions on the above is very much welcome.
We're making these changes because a lot of people have tried to create assets that we just can't approve, and most of the time it's just from terribly written contracts or schemes that don't really map onto a stock exchange.
Hey, brothels are legal businesses in Australia and have great cashflow (way better than mining) This may be true, and someday I hope to have a GLBSE branch around the corner from Kings Cross (Sydney) where they will allow people to sell shares of themselves if they so wish :p
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PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
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Bitcoin Oz
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September 18, 2012, 12:21:24 AM |
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We need to have some guide lines published, what I had in mind was putting into catagories on how likely your asset is to be approved.
Wont be approved: drugs, weapons, prostitution related idea
Not likely: "Investment program" where the actual investment method is not being revealed, or something that is the same or very similar to well known scams.
Investment ideas where the business doesn't exist yet, and the issuer doesn't want to be verified.
Likely: Well detailed business plan and contract Fully verified Existing revenue generating activity
These would be guidelines and the final decision would rest with us.
Opinions on the above is very much welcome.
We're making these changes because a lot of people have tried to create assets that we just can't approve, and most of the time it's just from terribly written contracts or schemes that don't really map onto a stock exchange.
Hey, brothels are legal businesses in Australia and have great cashflow (way better than mining) This may be true, and someday I hope to have a GLBSE branch around the corner from Kings Cross (Sydney) where they will allow people to sell shares of themselves if they so wish :p Thats what http://empireavenue.com is for (selling shares of yourself)
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OgNasty
Donator
Legendary
Offline
Activity: 4858
Merit: 4604
Leading Crypto Sports Betting & Casino Platform
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September 18, 2012, 01:22:43 AM |
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I'd like to see announcements like this made through the GLBSE mail feature as well as the forum. I've never gotten mail through the GLBSE and it seems like that would be a logical place for these kinds of announcements.
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Nefario (OP)
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September 18, 2012, 01:43:08 AM |
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I'd like to see announcements like this made through the GLBSE mail feature as well as the forum. I've never gotten mail through the GLBSE and it seems like that would be a logical place for these kinds of announcements.
Sure does, I'll see about that.
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PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
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bitcoinbear
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September 18, 2012, 02:16:39 AM |
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We're making these changes because a lot of people have tried to create assets that we just can't approve, and most of the time it's just from terribly written contracts or schemes that don't really map onto a stock exchange.
So if somebody comes to you with a horribly written contract, will you take their deposit and tell them to try again, or will you have them rework the contract and continue without paying a second deposit?
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unclescrooge
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September 18, 2012, 08:20:27 AM |
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We need to have some guide lines published, what I had in mind was putting into catagories on how likely your asset is to be approved.
Wont be approved: drugs, weapons, prostitution related idea
Oh no
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greyhawk
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September 18, 2012, 08:36:58 AM |
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We need to have some guide lines published, what I had in mind was putting into catagories on how likely your asset is to be approved.
Wont be approved: drugs, weapons, prostitution related idea
Oh no My free market
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unclescrooge
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September 18, 2012, 10:34:42 AM |
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By the way i'm kidding Nefario, thanks for this move
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Lethos
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September 18, 2012, 11:32:51 AM |
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Can't blame you for making this change. It's reasonable without making it unrealistic. If it stops just a few junk assets from ending up there I'll see it as a good thing.
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Nefario (OP)
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September 18, 2012, 02:39:37 PM |
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We're making these changes because a lot of people have tried to create assets that we just can't approve, and most of the time it's just from terribly written contracts or schemes that don't really map onto a stock exchange.
So if somebody comes to you with a horribly written contract, will you take their deposit and tell them to try again, or will you have them rework the contract and continue without paying a second deposit? Good question, to discourage people from submitting bad contracts, the application fee will cover a single application, so applicants had better get their stuff right if they don't want to waste funds. I think somone has already offered to vet contracts on the forum.
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PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
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bitcoinbear
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September 18, 2012, 02:43:07 PM |
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Good question, to discourage people from submitting bad contracts, the application fee will cover a single application, so applicants had better get their stuff right if they don't want to waste funds.
I think somone has already offered to vet contracts on the forum.
I would be willing to look at people's contracts and rip them apart with brutal honesty. Maybe I could offer to look at a contract for 1 btc, refundable if the contract is not accepted by GLBSE?
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