The transfer of BTC has been made. Can you please confirm the transfer of ownership of the IOTA in the genesis block.
Thanks!
Confirmed.
Are you guys sure it wouldn't be a good idea to set up an asset on the NXT AE.
1 Iota = 1 (whatever you wish to call it)
Then, people can have you send them their asset (that represents real Iota), and once you do that, their Iotas go to the " general asset address".
Then, people can trade Iotas freely right away.
Once launch comes, anyone who sends in 1 asset, gets 1 actual Iota sent to them out of the General Asset Address.
Something like what NEM did, if you're familiar.
I was just thinking it would further spread out distribution because some who wouldn't sell all their Iotas out of the Genesis Address, could just sell a portion instead.
I know there was some concern about setting up a market early, but now that is happening anyway, so I just figured I'd bring it up, so we could get the distribution spread further and let real trading begin.
Also, this would stop someone from creating an Iota asset that doesn't intend to deliver, because everyone would use the official one.
Maybe it would be too much work? Maybe CFB could automate it? I have no idea.
I just think at this point in time, it would benefit Iota if it wouldn't be too much of a distraction to CFB.
Just a idea guys. Sometimes I have good ones, sometimes bad lol
Thanks