This thread is too busy! I need to quit my job to get enough free time and stay up to date.
So no one heard about MCXnow exchange before?
***First of all, let me advise you to never invest or do business with them. They are rude scammers ( Mcxnow, A Scam Cryptocurrency Exchange That Stole Over $8 Million From Customers )Despite of their reputation, I take them as example because it seem that Ziplibrary was inspired by them when he built his business model (minus the scam hopefully). MCXnow also have FeeShare, called mcxFEE. You can buy them with bitcoins from the dev first, then on the market when they are all sold. They sold 50000 shares to the public and keep 50000. Owning 1 mcxFEE give you 0.001% of the fees generated by the exchange. You get paid every 6 hours. That sound familiar to you?
How much for 1 mcxFEE?
I did not bother to search what was the price when the dev sold them to the public, but right now you can buy 1 share @ 0.145 BTC. Expensive? Yep. But people seem to like them, there is a volume of 115 MCX / 16 BTC.
If I calculate correctly, from the fee generates in the last 6 hours, each mcxFEE pay 0.00000320 BTC daily. For sure, people don't get rich in this way. If there is money to do is with price speculation on the MCX/BTC market. By the way, people seem to forget that they will be able to resell their FeeShare.
Now to me, FeeShare seem a better deal than mcxFEE. Cost less to buy. Pay with ShareCoin (that you may got for free). I'm confident that ShareXcoin has a better future than MCXnow. Soon or later a gambling site will bring more revenu.
Really, the only thing that still worry me is the security of ShareXcoin. How safe are my fund? What will happen if they get hacked? Will they take their responsability and refund the victims? Will they close everything? Can I truly trust the dev?
