baabaing (OP)
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April 17, 2018, 08:22:45 PM |
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Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
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X-ray
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April 17, 2018, 11:06:51 PM |
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Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
I guess Revenue-sharing crypto has the same definition as Crypto which offers an annual return to the holders through in dividend. What do you mean about consensus, i guess it based on how many stakes that you owned in your wallet. It's not related to the governance. In another word that based on the system itself about which will be used by the developer.
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grimesrhymes
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April 17, 2018, 11:23:50 PM |
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What do you mean about consensus
It's a common expression to ask what other peoples opinions are. The majority opinion being the consensus. I don't see any major differences between revenue sharing tokens and those which don't. What's important is the overall economics of a token. Many will not revenue share but there will be a constantly increasing demand for the tokens created by the product as well as some sort of supply reduction through a burn or similar. In that scenario it's logical to expect that token value will increase and therefore holding tokens will generate x profit. This is exactly the same as some revenue share token providing x profit. What I mean to say is, neither is better than the other, what's important is that the token is distributed and utilized in a useful manner that benefits supporters of the project.
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fortunecrypto
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April 18, 2018, 01:20:57 AM |
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Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
This is a big no-no to me, one of the most popular revenues sharing coin Bitconnectcoin has been tagged as a scam coin because only the devs and the early investors are the ones making the huge profit from late comers if you decide to create one you will likely get tagged as a Ponzi operator.
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Milansilver7
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April 18, 2018, 03:04:03 AM |
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Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
This is a big no-no to me, one of the most popular revenues sharing coin Bitconnectcoin has been tagged as a scam coin because only the devs and the early investors are the ones making the huge profit from late comers if you decide to create one you will likely get tagged as a Ponzi operator. ponzi schemes under the guise of ICO is what makes me worry in choosing or investing. I really avoid the ICO in the form of ponzi scheme.
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Restu Siregar
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April 18, 2018, 03:57:21 AM |
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For now bitcoin is a crypto currency that has the most expensive and high price compared to other krypto currencies such as ethereum and litecoins whose prices are still low and below the bitcoin price. it has been several years bitcoin prices higher than the price of altcoin others because bitcoin is the mother of all other coin prices and this will happen for the next few years later until tens of years into the future.
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bitcoinposts
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April 18, 2018, 06:18:36 PM |
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profit sharing crypto are risky they don't share real revenue they just circulate money one fine the coin price will go to zero
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leea-1334
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April 18, 2018, 06:46:28 PM |
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If you're talking about "interest", you should forget it. Any form of interest eventually means unsustainable, that is exactly how traditional finance works, and the world has seen that it does not work. If you really want, you can find staking coins. proof of stake of generally just POS coins. You just need to stake the coins to mine more, look for the small interest staking so it does not lose value so easily. Big and good POS coins? Dash would be one.
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bene_gesserit
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April 18, 2018, 06:56:06 PM |
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mummybtc
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April 18, 2018, 07:05:41 PM |
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I don't like any of them, they never deliver any significant profit and are always trailing the whole market as a whole, I know of Taas which is doing well apart from that nothing else. I prefer the ones that exchange like Binance does, buy-back and burn, this help the price of these tokens more than revenue sharing
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coinporch
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April 18, 2018, 07:07:04 PM |
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Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
sorry, just want to make it clear.. did you mean revenue sharing is like a hype business model such as MPA and etc or a dividens for the crypto holders ? for example if we have a coins with Proof of stake system or others dividens model in crypto so, if you think a bout a hype business model with crypto as the main product, please don't do that in crypto world, because thats will bad for crypto world
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maurobiasolo
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April 18, 2018, 07:08:25 PM |
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Well, the most difficult part if to buy a solid project who will last and pay for 50y or more. There are not many Coca-Cola or Nike around in crypto...
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matthewoz101
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April 18, 2018, 08:38:24 PM |
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As soon as I read about "Revenue-sharing", I thought about all of the Ponzi schemes that came before crypto. I got in on this site called MyPayingAds (I think it's dead now/don't invest any money in this site) and basically it was a ponzi scheme, except you had to log in and click 10 ads a day in order to get your return on investment over time. They weren't technically a ponzi scheme because they said they shared the revenue of the people buying ad clicks with the investors, but there definitely weren't enough funds coming from what they were selling. In short, it was completely a ponzi scheme.
Anyway, be very careful of these "revenue-sharing" schemes. Make sure that they are generating REAL revenue through a product or service, and not from previous member's money.
KuCoin shares the profit from trades to its KCS owners. That's the only "revenue-sharing" crypto I'm aware of right now. I know there are other similar exchanges that offer the same. Not sure about any other projects that would do the same thing except in a different industry with crypto.
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mkumar76
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April 18, 2018, 10:21:19 PM |
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Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
i know such project but that project is not ICO , complete airdrop project . Rebellious (REBL) project working on their masternodes which will give you a good bonus monthly if you hold REBL coin . not only this , you can earn 10% yearly stakes with all of your holdings . 3rd way to earn is revenue sharing , merchants will pay fee and holders will share that . I know only this info ,, you can discuss it in their telegram group for more clarification .
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AshCoins
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April 19, 2018, 12:09:13 AM |
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Aside from all the revenue sharing scam projects, sharing revenue can also deem a crypto a security, meaning it's not likely to be listed on top exchanges and good get regulated at some point. If you want a steady stream of safe income, get a POS coin and leave the wallet open.
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baabaing (OP)
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April 20, 2018, 02:02:24 PM |
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Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
sorry, just want to make it clear.. did you mean revenue sharing is like a hype business model such as MPA and etc or a dividens for the crypto holders ? for example if we have a coins with Proof of stake system or others dividens model in crypto so, if you think a bout a hype business model with crypto as the main product, please don't do that in crypto world, because thats will bad for crypto world Meant the latter a "dividends for the crypto holders" model providing value as a coin as well as an ongoing source income. First option is a definite no go, projects should be able to live/thrive if the crypto component is removed and that's never the case there lol.
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baabaing (OP)
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April 20, 2018, 02:17:44 PM |
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Well, the most difficult part if to buy a solid project who will last and pay for 50y or more. There are not many Coca-Cola or Nike around in crypto...
Not many is generous lol, I'd say none (yet) but this is why so much weight is put on white papers/teams. As soon as I read about "Revenue-sharing", I thought about all of the Ponzi schemes that came before crypto. I got in on this site called MyPayingAds (I think it's dead now/don't invest any money in this site) and basically it was a ponzi scheme, except you had to log in and click 10 ads a day in order to get your return on investment over time. They weren't technically a ponzi scheme because they said they shared the revenue of the people buying ad clicks with the investors, but there definitely weren't enough funds coming from what they were selling. In short, it was completely a ponzi scheme.
Anyway, be very careful of these "revenue-sharing" schemes. Make sure that they are generating REAL revenue through a product or service, and not from previous member's money.
KuCoin shares the profit from trades to its KCS owners. That's the only "revenue-sharing" crypto I'm aware of right now. I know there are other similar exchanges that offer the same. Not sure about any other projects that would do the same thing except in a different industry with crypto.
MyPayingAds sounds awful lol. Hope you made it out unscathed. I'll look into KuCoin. TY Aside from all the revenue sharing scam projects, sharing revenue can also deem a crypto a security, meaning it's not likely to be listed on top exchanges and good get regulated at some point. If you want a steady stream of safe income, get a POS coin and leave the wallet open.
Interesting. And noted. The way things are going w/ the SEC, most if not all cryptos will be deemed securities soon.
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baabaing (OP)
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April 20, 2018, 02:45:53 PM |
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Yikes lol. Noted. But these should both be securities, esp. lykke I don't like any of them, they never deliver any significant profit and are always trailing the whole market as a whole, I know of Taas which is doing well apart from that nothing else. I prefer the ones that exchange like Binance does, buy-back and burn, this help the price of these tokens more than revenue sharing
I'll look into the buy-back and burn, always thought it was better to allocate profit to development but you're the third person who's mentioned it as a legitimate growth tactic.
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baabaing (OP)
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April 20, 2018, 02:58:07 PM |
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profit sharing crypto are risky they don't share real revenue they just circulate money one fine the coin price will go to zero
Yikes. Ty for weighing in. Hopefully more companies are able to implement this the right way. I love receiving dividends from stocks, that model in the crypto world would be fuego but it sounds like more burn than substantiated biz at this point. If you're talking about "interest", you should forget it. Any form of interest eventually means unsustainable, that is exactly how traditional finance works, and the world has seen that it does not work. If you really want, you can find staking coins. proof of stake of generally just POS coins. You just need to stake the coins to mine more, look for the small interest staking so it does not lose value so easily. Big and good POS coins? Dash would be one.
Less interest, more dividends. For example 15% percent of gross profit from the company is distributed to token/coinholders. Dash looks good, *adds to list*
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adroitful_one
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April 20, 2018, 03:01:45 PM |
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Isn't this basically the same thing as a POS staking coin? Basically, you receive dividends on the amount of coins you own? I really don't see much of a difference between normal staking coins and the coins you guys listed. They seem to be exactly the same thing to me. Someone care to explain what the difference is?
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