Quote from: noobhelper178 on March 05, 2016, 04:24:01 AM

[ANN BurstETHER]

Since there wasn't any Ethereum representation in Burst, I`ve created BurstETHER, which will represent Ethereum on the Burst blockchain. BurstETHER is a gateway asset between Ethereum and Burst, and it's backed 1:1 by Ethereum. All Bursts collected from selling BurstETHER will be used to purchase real Ethereum to maintain the backing. The sale price of BurstETHER will be pegged to Ethereum's real price and adjusted frequently to match it (since bitcoin is the middleman between Burst and Ethereum, the price may not always be perfectly accurate).

The BurstETHER tokens can be redeemed for real Ethereum as well, by contacting me, or by an automatic gateway system that I`m in the process of setting up now, which will let you convert BurstETHER directly into Ethereum. There will be a 2% comission charged on every Ethereum sale that will be my profit.

ROADMAP:

PHASE 1: Starting to sell BurstETHER and converting it into Ethereum which will be held in a cold storage

PHASE 2: Setting up an automatic gateway/exchange address system between BurstETHER and Ethereum, so that investors can exchange them between eachother

PHASE 3: Setting up a website with nice visual interface so that the process can become user-friendly, but anonymous and without the need to register

PHASE 4: Using Ethereum's smart contract system to link more assets from Burst into Ethereum, and test the limits of Etherum by which it can be used to help Burst

INFO:

Explorer: https://block.burstcoin.info/as.php?as=11264310177310820265
Name: BurstETHER
Asset ID: 11264310177310820265
Quantity: 77,516,000
Type: Commodity, representing Ethereum
Fees: 2% comission on buying Ethereum
Price: 72,000 BURST / BurstETHER (Current price 10.18$)

I appreciate the fact that youre taking an interest in the BURST AE, and I think your idea has good potential for arb, and more... That being said, would you mind giving us a bit more information on yourself? I am usually a large holder in new asses, but due to too many of them becoming scams, I'm much more leary about throwing my money in the direction of anyone anon...

Hopefully you can understand this and will release some more info and make the community feel confident. Thanks!