For us to move forward now in this partnership we are suggesting these as viable options to help transition XSI coin to the next level, plus to make it fair for my Team who is already overworked to get stuck in on this project.
We - QIBUCK COIN paid 3 btc originally for use of the app to be integrated in QIBUCK coin but there is no DEV available on XSI end to do the work for our coin to be integrated, apparently we would have pay for more work to get it integrated and an electron wallet. So technically we have just paid 3 btc in order for the XSI DEV to pay towards making his new coin.
He asked us to take over his coin because he won't have time to do the new coin and look after XSI but in order for this proposition to be viable bot for our QIBUCK Team and fair to XSI holders this is what we would agree on for a complete takeover.
1. We would like the DEV to give us at least 2 btc of his new coin in value to use as an asset to BACK XSI coin..
2. We would kindly ask XSI holders to donate around 10% of their holdings into an XSI STABILITY fund which we would trade and help create price stability.
3. We would ask XSI holders if possible to donate what they can in btc for us to purchase some assets to to make XSI proof of baghold. We would compound these assets over a period of at least 3-6 months then start paying a monthly bagholder revenue to XSI holders as we are doing with QBK coin. Once XSI has decent assets then my Team would also earn a small salary like they do in QBK for their time and effort and work.
All we have at the moment is 115k XSI that we were given by Cryptonewbie which is not worth 3 btc in value at the current time. We also purchased some XSI as a QBK asset but we want XSI COIN to prosper and we want to help the XSI COMMUNITY AND CRYPTONEWBIE in his transition to his new venture. We also need this partnership to be viable and fair to our Team as well.
If you all think this is fair and viable please let us know. Remember that until XSI is properly asset backed and earning an roi from assets, we as the TEAM are not asking for any payment for our time but in order to take XSI to a higher level this is the only way we see viable and forward. If we cannot reach an agreement then we will just either request a formal refund from Cryptonewbie and each go our own way, OR he can compensate us with a btc equivalent of either XSI coin or a mixture of his new coin and XSI to make it fair, seeing as we cannot integrate the app for free in QBK. Unless He made the app for QBK directly. We would love to proceed with the above partnership that would be open and transparent. ALSO WE WOULD ASK BUSONI OF POLO to hold any BTC FUNDS until we procured each asset to back XSI on an open ledger like we have done for QBK COIN. I have sent a pm to Cryptonewbie and also asking the XSI community if this is a viable partnership. We would work out a lot of cross promotions to with QBK, ABC2 AND XSI in order to create more buy pressure etc as well as a multipool for XSI ..We would mine at least 0.5 btc worth a week to create more buy pressure. Please think of the above and get back to us. If you like these ideas or maybe we can move forward and take XSI to new heights. We are more than willing to help XSI but the Community has to realize there is a lot of work involved in running a coin so I hope you appreciate what we have to offer to help the XSI Community flourish. We are also working with XC on a great wallet idea, so we would also be able to negotiate some new wallet features in the future for XSI too.
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Please note that running an asset backed coin is a full time job so ti would mean countless hours of our time in this project without any pay for the first few months. We will be busy for the next 5 days till we complete QIBUCK Bagholder payments so it gives the XSI Community a chance to digest and consider what we have to offer.